FBR Capital Raises Price Target on Harman (HAR) to $90 Following 4Q
- Wall St loses over 1% amid fading rate-cut hopes
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steadies as US fuel demand concerns face Middle East supply risks
- Dollar sags after US GDP and inflation surprise, except against yen
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Piper Jaffray Remains Sidelined on Harmon International (HAR) Despite Strong Q4; PT to $88
August 5, 2016 8:59 AM EDTPiper Jaffray analyst Alexander Potter reiterated a Neutral rating but raised its price target on Harmon International (NYSE: HAR) to $88.00 (from $84.00) following strong Q4.
Potter commented, "We remain Neutral following a generally strong 4Q16 result. Notably, 12% EBITDA margins in the Professional... More
Baird Downgrades Harmon International (HAR) to Neutral
August 5, 2016 7:49 AM EDTBaird downgraded Harmon International (NYSE: HAR) from Outperform to Neutral with a price target of $87 (unchanged).
For an analyst ratings summary and ratings history on Harmon International click here. For more ratings news on Harmon International click here.
Shares of Harmon International closed at $87.54 yesterday.
... MoreHarman (HAR) Tops Q4 EPS by 5c
August 4, 2016 8:15 AM EDTHarman (NYSE: HAR) reported Q4 EPS of $1.57, $0.05 better than the analyst estimate of $1.52. Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $1.78 billion.
GUIDANCE:
Harman sees FY2017 EPS of $6.75-$7.00, versus the consensus of $6.80. Harman sees... More
Trading Radar for 8/4: Kellogg (K), MGM Resorts (MGM), Activision (ATVI), FireEye (FEYE), Weight Watchers (WTW) Report
August 3, 2016 2:51 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
Earnings:
AAC Holdings (NYSE: AAC) - consensus EPS $0.23
AGCO Corp. (Nasdaq: AGCO) - consensus EPS $0.92
ANI Pharma (Nasdaq: ANIP) - consensus EPS $0.77
Acceleron Pharma (NYSE: XLRN) - consensus loss $0.50
Agios Pharma (Nasdaq:... More