Home Wealth  Money Analyst Moves: STZ, CRM

Analyst Moves: STZ, CRM

Posted: Oct. 1st, 2011  |  By Forbes

powered by Forbes

RSS Syndicated News Email a Friend Suggest an Article Share Visit Website

This morning, Goldman Sachs lowered its EPS estimates on shares of Constellation Brands through 2014 as the company is seeing higher interest rates and devoting less capital to share buybacks. In the report, Goldman set a new price target of $21 and reiterated its neutral rating.

Shares of Constellation Brands (nyse: STZ - news - people ) were lower on the news, falling 1.9% today.

And Piper Jaffray (nyse: PJC - news - people ) reduced its EPS estimates on shares of Salesforce.com (nyse: CRM - news - people ) through 2013 following the company's acquisition of Assistly. In the report, Piper maintained its overweight rating and its $183 price target.

Shares of CRM were lower on Friday, off 1.8% so far.

Market News Video produces and distributes online videos about stocks and investing.




Share on Facebook Share
See Next Article
Write a Story/Review about this topic

Post a Comment

 
Need to Get Away?
Top 10 Business Hotels
Who says you can’t mix business with pleasure?
Read More
More Articles from Forbes.com

advertisement
Quick Links
Autos
Boating
Real Estate
Luxury Travel
Fashion
Search Real Estate
Find Your Dream Home
Search for homes by
State, Country or Style.
Event Calendar
advertisement
Current News & Features
Riva Finally Releases Anticipated 122-Foot Mythos Sol Yacht
Snag an Upper East Side Second Home at 155 East 79th Street
Infographic: A Look at the World's Most Expensive Foods
Aristocard Reinvents the Credit Card With An Uber-Exclusive Social Club
Massive $1.6M Titan Zeus TV Needs a Mansion to Fit In
Customizable Sunreef 156 ULTIMATE Marketed to the Young & Rich
Jaguar Land Rover Prepares to Release Intelligent Self-Learning Car to Learn Your Routine
Listen to 35 Classic & Exotic Cars Roar to Life in Nitto Tire’s Getting Started Video
Meet JIBO: “The World's First Family Robot" That Wants to Make Your Life Easier
20,000 Days on Earth Investigates Nick Cave's Psyche & Boldly Redefines the Music Documentary Genre
See the complete list
 
Featured Photo Gallery
See the complete list
THINGS WE LIKE