Oppenheimer Raises Price Target on Retalix (RTLX)
Tweet Send to a FriendGet Alerts RTLX Hot Sheet
Price: $29.88 --0%
Rating Summary:
1 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 21
Rating Summary:
1 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 21
Trade RTLX Now!
Oppenheimer lifted its price target on Perform-rated Retalix Ltd (NASDAQ: RTLX) from $15 to $16 following Q3 results.
Helped by a favorable tax treatment and financial income producing adjusted EPS was $0.31, versus the firm's estimate of $0.17. Revenues was $61.6M versus their estimates of $57.1M. Revenue growth was driven by the company's investment in operations resulting in all its growth drivers working, the firm noted. That said, the firm said they are remaining on the sidelines until they see improvement in operating margins which have been stagnant.
FY11 EPS goes from $0.62 to $0.76.
For more ratings news on Retalix Ltd click here and for the rating history of Retalix Ltd click here.
Shares of Retalix Ltd closed at $15.06 yesterday, with a 52 week range of $11.63-$16.78.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Helped by a favorable tax treatment and financial income producing adjusted EPS was $0.31, versus the firm's estimate of $0.17. Revenues was $61.6M versus their estimates of $57.1M. Revenue growth was driven by the company's investment in operations resulting in all its growth drivers working, the firm noted. That said, the firm said they are remaining on the sidelines until they see improvement in operating margins which have been stagnant.
FY11 EPS goes from $0.62 to $0.76.
For more ratings news on Retalix Ltd click here and for the rating history of Retalix Ltd click here.
Shares of Retalix Ltd closed at $15.06 yesterday, with a 52 week range of $11.63-$16.78.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Morgan Stanley Maintains Bullish Stance on Walter Energy (WLT)
- Lazard Raises PT on Chicago Bridge & Iron (CBI) to $75
- Nokia (NOK) Could See Downside as Siemens Exits NSN Joint-Venture - Goldman
Create E-mail Alert Related Categories
Analyst Comments
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
