Wednesday, July 13, 2011

Chevron (CVX) (AAPL) (AMAT) (ABT) (TK) EPS Estimates Changed

Chevron (NYSE: CVX), Apple, Inc (NASDAQ: AAPL), Applied Materials, Inc. (NASDAQ: AMAT), Abbott Laboratories (NYSE: ABT) and Teekay Co. (NYSE: TK) EPS estimates adjusted by analysts.

UBS AG (NYSE:UBS) boosted its EPS estimate on Chevron (CVX). They have a "Buy" rating on the energy giant and a price target of $127.00 on the company.

JPMorgan Chase & Co. (NYSE:JPM) cut their EPS estimate on shares of Applied Materials (AMAT). They have a "Neutral" rating on Applied and a price target of $12.00 on the company.

Credit Suisse (NYSE:CS) slashed their EPS estimate on Apple (AAPL). They have an "Outperform" rating on Apple with a price target of $500.00 on the company.

Jefferies (NYSE:JEF) lowered their EPS estimate on Teekay Co. (TK). They have a "Buy" rating on Teekay and a price target of $41.00 on the company.

UBS AG (NYSE:UBS) raised their EPS estimate on Abbott Laboratories (ABT). They have a "Buy" rating on the company and a price target of $59.00 on the company.

Abbott Laboratories closed Tuesday at $53.29, gaining $0.11, or 0.21 percent. Chevron ended the session at $104.39, down $0.02, or 0.02 percent. Applied Materials closed at $12.64, falling $0.34, or 2.62 percent. Apple closed at $353.75, losing $0.25, or 0.07 percent. Teekay closed at $30.27, up $0.04, or 0.13 percent.

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