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Revision Calls For Ebay & Sandisk After Earnings, AIG Initiated


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.