Citi

EBay Inc (NASDAQ: EBAY) reported a relatively in-line earning report, but disappointing guidance and tougher comps sent shares falling nearly 4 percent. However, Citi analyst Mark May does not believe the move was justified as he came “away incrementally positive on shares of eBay.” May...

In a note released Thursday, Citi raised its estimates and price target for the shares of FleetCor Technologies, Inc. (NYSE: FLT), giving 10 reasons to own the stock in the second half of 2017. Analyst Peter Christiansen thinks investors would be drawn back to the fundamental drivers for 2017, as...

In what could be good tidings for Micron Technology, Inc. (NASDAQ: MU), Citi said in a note that June notebook ODM shipments rose 17 percent month over month, exceeding expectations. This, according to the firm, comes about as the strength in the PC market continues. Analysts led by...

Citi analyst Wendy Nicholson sees a difficult road ahead for Kimberly Clark Corp (NYSE: KMB). While she was tempted to give the company a Sell rating, she ended up staying Neutral with a $134 price target. “It feels to us as if KMB is in a tough spot," Nicholson said in a note. "[T]...

Square Inc. (NYSE: SQ) — the maker of a point-of-sale app that can be used with Apple Inc. (NASDAQ: AAPL) iPhones and iPads — is a top pick in the payment space, according to Citi. Square’s second-quarter performance is up 70 percent and shares are likely to gain more, analyst...

The Congressional Budget Office has said that the Senate version of the Republicans’ Affordable Care Act replacement bill could result in 22 million fewer Americans with health insurance. That dramatic reduction in coverage could have major implications for drug makers offering expensive...

Citi analyst P.J. Juvekar sees now as the perfect time to buy Chemours Co (NYSE: CC) stock, as he upgraded his rating to Buy with a $45 price target. “We think the recent pullback offers a good entry point. Our investment thesis is primarily based on: 1) Excellent regulation driven growth for...

A Delaware Supreme Court ruling in favor of Chicago Bridge & Iron Company N.V. (NYSE: CBI) in the company’s multibillion-dollar dispute with Westinghouse “is a significant stabilizing event for CB&I shares,” according to Citi. Westinghouse bought CB&I’s nuclear...

Following Sherwin-Williams Co (NYSE: SHW)'s acquisition of The Valspar Corp, Citi resumed coverage of the former at a Buy, with a $410 price target. The price target represents a 16 percent upside from the $354.75 at which the stock closed on Thursday. Analysts PJ Juvekar and Daniel Jester...

Portola Pharmaceuticals Inc (NASDAQ: PTLA) investors should be marking Friday on their calendars. Citi analyst Yigal Nochomovitz expects the Food and Drug Administration to release its decision on betrixaban on Friday, earlier than expected, as it has become a precedent for the FDA to release...

As the Section 232 probe continues, Citi analyst, Alexander Hacking, sees a favorable market for long steel products, as he upgraded Commercial Metals Company (NYSE: CMC) to Buy. “We see the greatest upside from potential Section 232 trade action in long steel products and long steel mills....

Shares of XPO Logistics Inc (NYSE: XPO) are not only higher by nearly 40 percent since the start of 2017 and hit a new all-time of $60.57 on Monday. Yet, some among the Street expect further upside. Citi's Christian Wetherbee named the Fortune 500 company as the firm's top pick within the trucking...

Even with possible iPhone 8 OLED delays, Citi analyst Jim Suva expects demand to exceed supply for the 10th-anniversary smartphone causing him to reiterate his Buy rating and $160 price target on Apple Inc. (NASDAQ: AAPL). Notable Comments “We expect demand to outstrip supply as...

Analysts at UBS held a bearish view on Citigroup Inc (NYSE: C)'s stock based on the bank having less leverage to "potential positives" in the U.S. such as lower tax rates, faster growth and higher interest rates — while also having greater exposure to "downside scenarios." However, UBS's Saul...

Citi analyst Mark May downgraded Snap Inc (NYSE: SNAP) from Buy to Neutral with a $20 price target. 3 Reasons User growth was disappointing in the first quarter, weakening the company’s monetization and profit leveraging potential in the near term. A slower rollout of new platforms has slowed...