This morning, Credit Suisse increased its price target on shares of Yum! Brands (NYSE:YUM) to $81 as the company is generating better-than-expected margins. In the report, Credit Suisse increased its EPS estimates as well while maintaining its neutral rating. Shares of Yum! Brands were lower today, falling 2.6% so far.
BMO Capital increased its EPS estimates on shares of Michael Kors (NYSE:KORS) through 2015 following a very strong earnings report from the company yesterday. With the higher earnings estimates, BMO set a $87 price target while maintaining its market perform rating. Shares of Michael Kors were higher again today, gaining 0.6%.
And UBS increased its price target on shares of Tableau Software (NYSE:DATA) to $100 as licensing revenue continues to see accelerating growth. Shares of Tableau Software were sharply higher on the news, gaining more than 14% today.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.