Citi

HP Inc (NYSE: HPQ) reported fiscal year 2016 fourth-quarter results Tuesday after the market close. The company reported fourth-quarter non-GAAP earnings of $0.36 per share on revenues of $12.5 billion. The bottom line was in line, while the top line exceeded expectations. For 2017, the...

Hewlett Packard Enterprise Co (NYSE: HPE) shares are up 2.14 percent after the company reported Q4 revenue of $12.5 billion on EPS of $0.61. The revenue number fell short of Wall Street’s $12.85 estimate, but EPS was a slight beat versus expectations of $0.60. Chowdhry Responds According to...

Citi maintains its Buy rating on Urban Outfitters, Inc. (NASDAQ: URBN), despite the third-quarter EPS miss from the specialty retail company, saying investors have overlooked many positives from the print. Despite new fashion trends selling at Urban Outfitters and Free People, the weaker results at...

Hewlett Packard Enterprise Co (NYSE: HPE) reported its quarterly results, with the revenue missing the consensus expectations. Citi’s Jim Suva maintains a Buy rating on the company, while raising the price target from $25 to $27. Guidance Hewlett Packard reported its revenue at $12.48 billion...

Citi’s Paul Lejuez expressed concern regarding Gap Inc (NYSE: GPS), saying that while the Gap brand was expected to continue to struggle, Old Navy was possibly over-earning. Lejuez downgraded the rating on the company from Neutral to Sell, while lowering the price target from $27 to $25....

Steven Wieting, Citi Private Bank's global chief investment strategist, was a guest on CNBC's "Markets Now" to offer his take on the post-election stock market surge. According to Wieting, stock markets are very quick and efficient in pricing in "announcement effects" — that is, new QE...

“The US airline industry has been hosting a renaissance party for investors,” Citi’s Kevin Crissey said in a report. All the stocks in this segment have at least tripled over the last five years. “Although we are staying at the party from a ratings perspective, we’ve...

With salesforce.com, inc. (NYSE: CRM) reporting robust Q3 results and guiding to a solid Q4, Citi’s Walter H. Pritchard believes the weakness in Q2 was more due to a lapse in execution rather than a fundamental slowdown. Pritchard maintains a Buy rating on the company, while raising the price...

NetApp Inc. (NASDAQ: NTAP) delivered solid second-quarter results as cost cutting boosted margins. Further, the company’s third-quarter earnings forecast came in above Street view. Guidance For the January quarter, NetApp guided sales/EPS of $1.325 billion–$1.475 billion/$0.72–$0....

Cisco Systems, Inc. (NASDAQ: CSCO) opened lower after the company’s first-quarter beat was overshadowed by lower-than-expected second-quarter guidance, hurt by a 12 percent drop in service provider orders. Buy On The Dip But, Citi analyst Jim Suva believes the recent weakness is a buying...

Dicks Sporting Goods Inc (NYSE: DKS) reported expectation-exceeding earnings on Tuesday. The share price, however, fell on conservative Q4 guidance. While investors reacted to the guidance in Tuesday's trading, analysts looked further. The gained market share from The Sports Authority and other...

Home Depot Inc (NYSE: HD) reported beat-and-raise results for its third quarter on strong demand from professional contractors, growth in big-ticket projects and favorable weather. Argus: Buy, $154 Price Target Argus maintains its Buy rating and $154 price target on Home Depot, saying the home...