Revision Calls For Ebay & Sandisk After Earnings, AIG Initiated

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In Thursday's Analysts' Actions, earnings reports are prompting lots of revisions for stocks like eBay (EBAY) and Sandisk (SNDK). Jefferies (JEF) is lowering its price target for eBay to $59 from $60 citing a mixed quarter. The firm has a buy rating on the stock. Jefferies is also revising its valuation for Sandisk. The new price target is $125 from $118. The price target on Sandisk was revised higher from J.P. Morgan to $100 from $87 on better than expected second quarter earnings. RBC Capital Markets initiated coverage of American International Group (AIG) with an 'outperform' rating and a price target of $64 a share. TheStreet's Susannah Lee has all the details from Wall Street.
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