CSX Corp. (NYSE:CSX): Even though CSX reported higher than expected earnings per share but lower than expected revenue, for their second quarter, Sterne Agee expects the outlook for the company’s coal revenue to improve going forward. The firm maintains a Buy rating on their stock.
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Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM): Susquehanna said, Taiwan Semiconductor Manufacturing Co. Ltd., should be a core holding, as it is becoming a key enabler in the manufacturing of the next generation of electronic products. The firm believes TSMC is closing the gap on industry leader Intel (NASDAQ:INTC) and keeps a lead over other competitors. Susquehanna lowered their price target from $18 to $17. The firm maintains a Positive rating.
Honeywell International Inc. (NYSE:HON): After Honeywell reported higher than expected earnings per share but lower than expected revenue, for their second quarter, Sterne Agee expects the company to exceed their long-term operating margin target range of 16%-18%. The firm maintains a Buy rating on their stock.
Skyworks Solutions Inc. (NASDAQ:SWKS): Bank of America/Merrill, raised Skywork’s estimates, following the third quarter report, and said that the Street still under-appreciates its growth. Shares are Buy rated and there is a top SMid-cap growth pick.
eBay Inc. (NASDAQ:EBAY): Pacific Crest increased their target on eBay after the company reported stronger than expected second quarter results. The firm raised its 2012 and 2013 estimates, and maintains an Outperform rating.
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