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Notable 52-Week Highs and Lows 8/10: (YELP) (REN) (HWAY) High; (SPWR) (MYGN) (MCHX) Low

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Jefferies Remains Sidelined on Myriad Genetics (MYGN) Following 4Q

August 11, 2016 8:37 AM EDT

Jefferies 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

Needham & Company Raises Price Target on Yirendai (YRD) Following Strong 2Q

August 11, 2016 7:05 AM EDT

Needham & Company reiterated a Buy rating on Yirendai Ltd. (NYSE: YRD), and raised the price target to $35.00 (from $14.00), following the company's 2Q earnings report. Revenue of $110.4 million was up 29.8% Q/Q and and 140% Y/Y, ahead of $97.0 million estimates. The company reported $0.67 in Non-GAAP EPS,... More