Stocks to Watch: CVX, AMZN, MHP & More
Take a look at some of Friday's morning movers:
Chevron - The oil company posted earnings of $2.69 a share on revenue of $58 billion, missing estimates for $2.83 a share on sales of $63.9 billion.
Amazon.com - Oppenheimer said the online retailer's services are set to rise following Hurricane Sandy. The company has an "outperform" rating on the company with a price target of $264.
McGraw-Hill - The publishing company posted earnings of $1.33 a share, beating expectations by 3 cents, but revenue was slightly lighter than expected.
Beam - The alcoholic beverage company posted earnings of 62 cents a share, excluding one-time items, topping estimates by 7 cents. Revenue also beat expectations.
Penske Auto Group - The diversified transportation services company posted earnings of 60 cents a share, edging past estimates by 3 cents, while revenue also beat.
Ralph Lauren - The apparel retailer posted earnings of $2.29 a share on revenue of $1.86 billion, beating expectations for $2.15 a share on sales of $1.84 billion. The company added that revenue guidance for the third-quarter will be in the "low-single-digit" versus previous expectations for an 8 percent gain.
LinkedIn - At least four brokerages raised their price target on the social-networking website after the company topped Wall Street's profit and revenue estimates.
Priceline - At least six brokerages boosted their price target on the travel website and Stifel raised its rating to "buy" from "hold" after the company posted earnings and sales that beat analysts' expectations.
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