Nvidia Upgraded at Auriga

Auriga USA LLC upgraded its rating on shares of Nvidia Corp. (NASDAQ: NVDA) to buy from hold and raised its price target to $24 from $19, as it sees potential for strong growth in Tegra, which may more than offset its flattish GPU business.
IBTimes Logo

Lockheed says frequent cyber target from around world

Lockheed Martin Corp, the U.S. government's No. 1 provider of information technology services, said on Sunday that a tenacious cyberattack on its network last weekend was part of a pattern of frequent attacks on it from around the world.
More news
IBTimes Logo

Nara Bancorp Upgraded at FBR Capital

FBR Capital Markets upgraded its rating on shares of Nara Bancorp, Inc. (NASDAQ: NARA) to "outperform" from "market perform" ahead of near-term catalysts and recent pullback, with a price target of $10.
IBTimes Logo

Target beats estimates on credit cards

Target Corp posted a bigger-than-expected rise in quarterly profit on Wednesday, as soaring profitability in its credit card business mitigated the impact of some sluggish sales at its stores.
IBTimes Logo

LSE seen as bid target if TMX plan fails

The London Stock Exchange's shares rose sharply as analysts said the LSE could find itself vulnerable to a bid if its planned tie-up with Canada's TMX falls apart following a counter offer for TMX.
IBTimes Logo

Demand Media Upgraded at Jefferies

Jefferies & Co. upgraded its rating on shares of Demand Media Inc (NYSE: DMD) to buy from hold based on strong first quarter results, with a price target of $22.
IBTimes Logo

ValueClick Upgraded at Jefferies

Jefferies & Co. upgraded its rating on shares of ValueClick Inc. (NASDAQ: VCLK) to buy from hold and increased its price target to $20 from $17, based on improving fundamentals and lower risk profile.
IBTimes Logo

Autodesk Profit Estimates, Price Target Raised by Jefferies

Jefferies & Co. raised its price target on shares of Autodesk, Inc. (NASDAQ: ADSK) to $47 from $42, while maintaining its hold rating. The brokerage raised its fiscal 2012 EPS estimate for Autodesk to $1.73 on revenue of $2.21 billion from $1.62 on revenue of $2.156 billion, and its 2013 estimate to $2.08 on revenue of $2.474 billion from $1.93 on revenue of $2.381 billion.
IBTimes Logo

Target store near Wal-Mart HQ gets top-level spies

When the guy who runs the rival store up the road drops in for a visit, a lot of shop talk can be expected -- especially if that guy is Wal-Mart Chief Executive Mike Duke and you are running the only Target store for miles around.

Obama Wants Debt Target Soon, How to Reach it May Be Years Away

Washington Democrats and Republicans have already generally agreed - though no official deal is in place - that the U.S. debt will grow by trillions of dollars over the next 10 years and that the pace of its growth must slow. How the government will cut deficits in the years to come is a matter of debate and Congress is undecided.
IBTimes Logo

Yahoo earnings top target, shares up 3 percent

Yahoo Inc posted quarterly earnings that topped Wall Street targets, and its shares rose more than 3 percent as Chief Executive Carol Bartz said the number of users and time spent at Yahoo sites rose from a year ago.
IBTimes Logo

Outlook uncertain, G20 to target imbalances

Faced with an uneven world recovery and uncertain outlook, finance leaders were hoping on Friday to flesh out a plan to build a global economy less prone to the booms and busts of recent decades.
IBTimes Logo

Bed Bath full-year target tops estimates; shares soar

Bed Bath and Beyond Inc forecast earnings growth for the current year that would beat Wall Street estimates, following a holiday season that saw U.S. shoppers spend more on home goods, and its shares jumped 9 percent.


IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.