Active Stock Alerts: Boeing, Home Depot, J. C. Penney, Canadian Pacific, Dick’s Sporting May 16th
The Home Depot, Inc. (NYSE:HD): After Home Depot reported in-line Q1 operating EPS, RBC Capital believes that the company’s results were solid and maintains a $57 target and Outperform rating.
Boeing Co. (NYSE:BA): Cowen said Boeing’s Investor Day was upbeat citing suggestions of improved execution with delivery upside and solid demand. The firm believes the Farnborough Air show should generate orders that will be positive for the stock and also believes the company could lift guidance on its Q2 earnings call. Shares are Outperform rated.
J. C. Penney Company, Inc. (NYSE:JCP): Piper says it has confidence in J.C. Penney’s turnaround despite the company’s weaker than expected Q1 results citing its accelerated cost reductions and strong slate of new brands. The firm reiterates an Overweight rating on the stock with a $50 price target.
Canadian Pacific Railway Limited (NYSE:CP): JPMorgan added Canadian Pacific to its Focus List citing an attractive risk/reward profile and upcoming clarity on the proxy outcome.
Dick’s Sporting Goods Inc. (NYSE:DKS): JPMorgan raised its price target for Dick’s Sporting shares following the company’s Q1 results and reiterates an Overweight rating on the stock.
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