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#PreMarket Primer: Thursday, October 9: Fed Worries That Waning Global Economy Could Hurt US Progress
Thursday, October 9, 2014 - 7:30am | 1326Read More...The Federal Open Market Committee minutes released on Wednesday surprised investors with a dovish tone and an indication that the bank was not planning to raise interest rates any time soon despite improving U.S. economic data. Instead, the U.S. central bank discussed the potential for weak...
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Earnings Expectations for the Week of April 30 (CMCSA, GM, KFT, V)
Sunday, April 29, 2012 - 9:02am | 1279Read More...Apple (NASDAQ: AAPL) and Amazon.com (NASDAQ: AMZN) may have posted stellar results, but earnings season rolls on. Here is a quick day-by-day rundown of what analysts are expecting from some of this week's most prominent earnings reports. Monday Anadarko Petroleum (NYSE: APC) and Watson...
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Earnings Expectations for the Week of January 23
Sunday, January 22, 2012 - 3:13pm | 1531Read More...The earnings crunch rolls on this week. Among those scheduled to step into the spotlight are Apple (NASDAQ: AAPL), Caterpillar (NYSE: CAT), Chevron (NYSE: CVX), McDonald's (NYSE: MCD) and Starbucks (NASDAQ: SBUX). Analysts expect them post year-over-year earnings growth. AT&T (NYSE: T), Boeing...
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Earnings Expectations for the Week of October 24
Sunday, October 23, 2011 - 1:40pm | 1417Read More...The earnings crunch is in full swing this this week. Quarterly results are due from the likes of Caterpillar (NYSE: CAT), Exxon Mobil (NYSE: XOM), Procter & Gamble (NYSE: PG) and United Parcel Service (NYSE: UPS), from which analysts expect to see year-over-year earnings growth, as well as...
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Earnings Expectations for the Week of July 25
Sunday, July 24, 2011 - 9:40am | 1439Read More...The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...
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Jefferies Initiates Coverage On Automatic Data Processing With Hold Rating
Tuesday, June 28, 2011 - 7:38am | 70Read More...According to Jefferies, Automatic Data Processing (NYSE: ADP) coverage is initiate with Hold rating. Jefferies said that its $53 price target is based on a blend of 18x our C12 EPS estimate of $2.83 (a discount to ADP's historical valuation multiple) and its DCF model. “Risks include pricing,...
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Jefferies Initiates Automatic Data Processing At Hold, $53 PT
Tuesday, June 28, 2011 - 6:43am | 26Read More...Jefferies & Company has initiated coverage on Automatic Data Processing (NASDAQ: ADP) with a Hold rating and $53 price target.
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JP Morgan Raises PT On Automatic Data Processing To $57
Friday, May 6, 2011 - 6:21am | 28Read More...JP Morgan has raised the price target on Automatic Data Processing (NASDAQ: ADP) from $54 to $57 and maintains its Neutral rating.
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Goldman Sachs Upgrades PT On Automatic Data Processing To $50, Reiterated Neutral (ADP)
Tuesday, May 3, 2011 - 11:23am | 224Read More...Goldman Sachs modified its price target on Automatic Data Processing (NASDAQ: ADP) upwards from $48 to $50 in a research report. Goldman also upgraded its earnings per share estimates for the next three years. In the report, Goldman states, "Following reported fiscal 3Q results we have adjusted...
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UPDATE: Deutsche Bank Color On ADP
Tuesday, May 3, 2011 - 8:00am | 129Read More...Deutsche Bank, which raised its PT on shares of Automatic Data Processing, Inc. (NYSE: ADP), is providing some color on the stock. “Organic revs/EPS outlook is higher 3rd time this yr, underscoring strong rebound in key top-line metrics, but op. margins are lagging due to heavy inv't in sales/...
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Deutsche Bank Raises PT On Automatic Data Processing To $50
Tuesday, May 3, 2011 - 6:31am | 28Read More...Deutsche Bank has raised the price target on Automatic Data Processing (NASDAQ: ADP) from $47 to $50 and maintains its Hold rating.
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JP Morgan Raises PT On Automatic Data Processing To $54
Tuesday, May 3, 2011 - 5:43am | 28Read More...JP Morgan has raised the price target on Automatic Data Processing (NASDAQ: ADP) from $51 to $54 and maintains its Neutral rating.
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Stifel Nicolaus Raises ADP Target From $60 To $63
Monday, April 25, 2011 - 9:24am | 31Read More...Stifel Nicolaus is raising its PT on shares of Automatic Data Processing, Inc. (NASDAQ: ADP) from $60 to $63. Automatic Data Processing closed Thursday at $53.
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Oppenheimer Encouraged by Automatic Data Processing's Growth Prospects (ADP)
Wednesday, November 24, 2010 - 9:19am | 105Read More...Oppenheimer published its company update today on Automatic Data Processing (NYSE: ADP) following recent investor meetings with management. In its report, Oppenheimer writes, "we remain encouraged by ADP's growth prospects exiting the downturn. ADP's core business metrics (sales, retention, pays/...
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Citigroup Raises Automatic Data Processing Estimates And PT
Thursday, October 28, 2010 - 9:14am | 81Read More...Automatic Data Processing, Inc.'s (NASDAQ: ADP) 1Q11 results were “solidly ahead of our estimates,” Citigroup reports. ADP's revenue growth and underlying metrics are improving. “We are raising our estimates and our price target goes to $48. Buy ADP,” Citigroup writes. “ADP's top-line growth has...


