Teva Pharmaceuticals (NASDAQ:TEVA) hasn’t had the greatest week as far as analyst opinion is concerned. Research analysts at Deutsche Bank reduced their 12-month price target on the stock to $64 from $66 on Wednesday, albeit keeping a “buy” rating on the shares.
Elsewhere, Morgan Stanley lowered its earnings estimates on TEVA through 2012. The firm expects 2011 earnings of $5.05 – down from earlier projections of $5.29 – and 2012 earnings of $5.78, from its previous estimate of $6.04 per share.
In terms of price action, TEVA has been virtually flat over the past six months and is down 1% year-to-date, including a sharp drop last week after failing to match analysts’ earnings expectations for the fourth quarter of 2010 or the 2011 fiscal year. (more…)

With General Motors (NYSE:GM) available again for public trading, Ford Motor (NYSE:F) has gone back to sharing the trading spotlight. But this doesn’t take away from the stock’s impressive performance; Ford shares are up 68% year to date and have climbed nearly 470% during the past two years.
Amazon.com (NASDAQ:AMZN) is in the business of selling Kindle e-readers, books, housewares, and just about everything in between (including the
With the holiday shopping season now officially unleashed, analysts and investors are reviewing the nation’s publicly traded retailers. Early this week, Bank of America adjusted its 12-month price target on Kohl’s (NYSE:KSS) to $60 from $55, maintaining a “buy” rating.
Earlier this week, FedEx (NYSE:FDX) said it would raise prices by an average of 3.9% beginning January 3 (allowing those holiday packages to go out at the old rate, just under the wire). This could be bad news for companies who pay a lot of shipping costs but will help FedEx offset rising fuel costs. The company’s fuel bill rose 33% over the last year to $887 million.
On CNBC this week, Bill Gross – managing director at Pimco – said the
Most investors have a long bias to their trading. They likely research fundamentals of a company, read analysts’ opinions, check on the technicals, and attempt to find quality companies in which to invest. Unfortunately for these bulls, a weak market will often punish this diligence in stock selection. Remember all stocks have an overall market component to them, and just as a rising tide raises all boats, sometimes in a falling market the “baby gets thrown out with the bathwater.”
The recall drama isn’t over for Toyota Motor (NYSE:TM), which last week announced the recall of 1.1 million 2008 Corolla and Matrix vehicles, citing engine control troubles. The potential flaw may result in stalling, which is ironic given that the automaker’s recent high-profile recall dealt with unwanted acceleration.
Boeing (NYSE:BA) is seeing some bullish attention this week surrounding its second-quarter earnings report. Wednesday ahead of the open, the aerospace name said second-quarter earnings came in at $1.06 per share, a nickel better than the consensus view. Revenue fell short of the mark, however. Nevertheless, Jim Cramer told his Mad Money audience that he likes the stock in the long term, particularly if it tests the $65-$66 region.