Pre-Open Stock Movers 08/10: (CLNE) (OCN) (HRTX) (YELP) Higher; (GEVO) (SPWR) (MYGN) (PRGO) Lower (more...)
- Stocks face worst month since September, yen swings after BoJ
- Microsoft fiscal Q3 results top estimates as AI revolution spurs cloud growth
- Alphabet stock surges 11% to record high on Q1 earnings beat, first-ever dividend
- Intel slides in afterhours trading as Q1 revenue misses, Q2 outlook falls short
- Oil prices on track to snap two-week losing streak
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- 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
UBS Raises Price Target on Ralph Lauren (RL) to $117; Reiterates Buy
August 11, 2016 9:31 AM EDTUBS reiterated a Buy rating on Ralph Lauren (NYSE: RL), and raised the price target to $117.00 (from $115.00), following the company's 1Q earnings report. RL delivered revenues in line with its MSD% guidance, and guided 2Q revenues to M/HSD% above consensus at -10%.
Analyst Michael Binetti commented,... More
Leerink Partners Remains Sidelined on Perrigo (PRGO) Following Mixed 2Q
August 11, 2016 9:00 AM EDTLeerink Partners maintained a Market Perform rating on Perrigo Co. (NYSE: PRGO), and cut the price target to $81.00 (from $96.00), following the company's 2Q earnings report. PRGO reported a modest beat on top line, but missed EPS by 3%.
Analyst Jason Gerberry commented,... More
Jefferies Raises Price Target on JD.com (JD) to $32 Following 2Q
August 11, 2016 8:44 AM EDTJefferies reiterated a Buy rating on JD.com, Inc (NASDAQ: JD), and raised the price target to $32.00 (from $31.60), following the company's 2Q earnings report. Revenue grew 42% yoy to RMB65.2bn, in line with management guidance and consensus. Management guided 3Q16 revenue at... More
Jefferies Remains Sidelined on Myriad Genetics (MYGN) Following 4Q
August 11, 2016 8:37 AM EDTJefferies maintained a Hold rating on Myriad Genetics (NASDAQ: MYGN), and cut the price target to $20.00 (from $34.00), following the company's 4Q earnings report. The company's weaker 4Q16 experience (-7%) and initial FY17 outlook for the HC segment (-7%) suggest pricing and... More
Imperial Capital Raises Price Target on CyberArk Software (CYBR) to $55 Following 2Q
August 11, 2016 7:21 AM EDTImperial Capital reiterated an In-Line rating on CyberArk Software (NASDAQ: CYBR), and raised the price target to $55.00 (from $45.00), following the company's 2Q earnings report. CYBR reported revenue of $50.4mn and adjusted EPS of $0.29, compared with the Street revenue estimates of 48.3mn and adjusted EPS estimates... More
RBC Capital Remains Sidelined on Wendy's (WEN) Following 2Q
August 11, 2016 7:11 AM EDTRBC Capital reiterated a Sector Perform rating and $11.00 price target on Wendy's (NASDAQ: WEN) following the company's 2Q earnings report. While the company expressed confidence that it could deliver positive SSS in 2H, RBC continues to worry about Wendys ability to lap its difficult... More
FDA's Letter to Heron Therapeutics (HRTX) Over Sustol Approval
August 10, 2016 12:50 PM EDTBelow is the FDA's approval letter Heron Therapeutics' (Nasdaq: HRTX) SUSTOL:
... More