Trading Radar for 8/11: NVIDIA (NVDA), Macy's (M), Himax (HIMX), Nordstrom (JWN), voxeljet (VJET) Report

RBC Capital Reiterates Outperform on Alibaba (BABA) Following Strong 1Q Results

RBC Capital reiterated an Outperform rating on Alibaba (NYSE: BABA), and raised the price target to $110.00 (from $105.00), following the company's 1Q earnings report. BABA reported revenues of 32.15B RMB, beating the Street's 30.0B estimate. Non-GAAP EPS of 4.90 RMB also beat the Street at 4.56 RMB.... More

Brean Capital Raises Price Target on Alibaba (BABA) to $115 on Strong 1Q Results

Brean Capital reiterated a Buy rating on Alibaba (NYSE: BABA), and raised the price target to $115.00 (from $100.00), following the company's 1Q earnings report. Revenue came in at RMB 32.2bn, exceeding consensus estimates of RMB 30.1bn. Adjusted EPS came in at $0.74, exceeding consensus of $0.62 on operating leverage from higher core ecommerce revenue.

Analyst Fawne Jiang commented, "BABA reported strong FY1Q17... More

Oppenheimer Adjusts Estimates on Sunrun (RUN); Reiterates Outperform

Oppenheimer reiterated an Outperform rating on Sunrun (NASDAQ: RUN), and raised the price target to $9.00 (from $8.00), following the company's 2Q earnings report. Oppenheimer adjusted revenue and GAAP EPS estimates to $143M and ($0.25), from $130.2M and ($0.34) for the 3Q, versus the consensus estimates of $132M and... More

Oppenheimer Raises price Target on Alibaba (BABA) to $115 Following 1Q

Oppenheimer reiterated an Outperform rating on Alibaba (NYSE: BABA), and raised the price target to $115.00 (from $110.00), following the company's 1Q earnings report.

Analyst Jason Helfstein commented, "Raising price target from $110 to $115 on extraordinary F1Q:17 results, with GMV/ revenue/EBITDA exceeding consensus by... More

UBS Remains Sidelined on Macy's (M) Following 2Q Beat and Announced Store Closures

UBS reiterated a Neutral rating on Macy's (NYSE: M), and raised the price target to $40.00 (from $33.00), following the company's 2Q earnings report and announced closures. Macy's reported EPS of $0.54 ahead of the Street's $0.45 estimate. Macy's will close 100 doors near year-end. A ~$1B sales reduction (-4%).... More

UBS Raises Price Target on Kohl's Corp. (KSS) to $44 Following 2Q EPS Beat

UBS reiterated a Neutral rating on Kohl's Corp. (NYSE: KSS), and raised the price target to $44.00 (from $37.00), following the company's 2Q earnings report. KSS reported EPS of $1.22, ahead of the Street's $1.03 estimate.

Analyst Michael Binetti commented, "KSS reported 2Q EPS of $1.22 (UBSe:... More

Oppenheimer Remains Sidelined on Himax Technologies (HIMX) Following Positive 2Q

Oppenheimer reiterated a Perform rating on Himax Technologies (NASDAQ: HIMX) following the company's 2Q earnings report. Total 2Q16 revenues were up 12% Y/Y. Small-/mid-sized driver sales up 9% Y/Y and 14% Q/Q. HIMX reported non-GAAP EPS of $0.12 vs. the Street's $0.10.

Analyst Andrew Uerkwitz... More

Wedbush Raises Price Target on Alibaba (BABA) to $90 Following 1Q

Wedbush reiterated a Neutral rating on Alibaba (NYSE: BABA), and raised the price target to $90.00 (from $80.00), following the company's 1Q earnings report. Revenue grew to $4.84 billion and topped consensus of $4.54 billion. Adjusted EBITDA of $2.1 billion topped consensus of $2.0 billion on better-than-expected revenue.... More

Jefferies Reiterates Buy on Kohl's Corp. (KSS) Following 2Q and Macy's Announced Closures

Jefferies reiterated a Buy rating on Kohl's (NYSE: KSS), and raised the price target to $51.00 (from $47.00), following the company's 2Q earnings report and Macy's closure announcements. Macy's announced plans to close about 100 stores. This could have a positive effect on KSS comp... More

Piper Jaffray Cuts Price Target on Materialise NV (MTLS) Following Mixed 2Q

Piper Jaffray maintained an Overweight rating on Materialise NV (NASDAQ: MTLS), and cut the price target to $8.50 (from $9.00), following the company's 2Q earnings report. Revenues grew 11.4% Y/Y to 27.6M, which was roughly 0.9M below the Street at 28.5M. Pro Forma EPS of (0.01) was in-line with Street expectations.

Analyst Troy Jensen commented,... More

Piper Jaffray Raises Price Target on Brinker International (EAT) to $50 Following 4Q

Piper Jaffray reiterated a Neutral rating on Brinker International (NYSE: EAT), and raised the price target to $50.00 (from $49.00), following the company's 4Q earnings report. Fourth-quarter operating earnings increased 31.2% y/y to $1.24 per share, in-line with the Street's $1.23. Unchanged FY17 estimates of... More

FBR Capital Remains Bullish on Seres Therapeutics (MCRB); Says Sell-Off is 'Overdone'

FBR Capital maintained an Outperform rating on Seres Therapeutics (NASDAQ: MCRB), and cut the price target to $23.00 (from $43.00), following the company's recent sell-off.

Analyst Vernon Bernardino commented, "We look at MCRB as the leader in advancing the microbiome approach to treating chronic... More

Piper Jaffray Raises Price Target on Planet Fitness (PLNT) to $23 Following 2Q Report

Piper Jaffray reiterated an Overweight rating on Planet Fitness (NYSE: PLNT), and raised the price target to $23.00 (from $21.00), following the company's 2Q earnings report. System-wide comparable sales grew 7.6% during the quarter, better than the 5.9% the street was expecting and an increase from 6.8% in Q1.... More

Baird Reiterates Outperform on Itron (ITRI) Following Solid 1Q Report - PT to 47

Baird reiterated an Outperform rating and $47.00 price target on Itron (NASDAQ: ITRI) following the company's 1Q earnings report. ITRI reported revenue of $497.6M vs. consensus estimates of $450.8M. Non-GAAP EPS was $0.44 vs. consensus estimates of $0.32.

Analyst Ben Kallo commented, "Q1 beat our... More

RBC Capital Remains Sidelined on Brinker International (EAT) Following 4Q - PT to $55

RBC Capital reiterated a Sector Perform rating on Brinker International (NYSE: EAT), and raised the price target to $55.00 (from $49.00), following the company's 4Q earnings report. RBC's FY17 EPS estimates remain unchanged at (-3.6% YOY) and is within the company's $3.40 to $3.50 guidance range.

Analyst... More