After-Hours Stock Movers 8/18: (NWY) (SHLM) (CXW) (RH) (CXW) (AMAT) (GEO) (MENT) (ROST) (SQ) (TRN) (PNR) Higher; (FXCM) Lower
- S&P 500 closes higher to secure strongest Q1 since 2019
- UBS sees 5 warnings signals on semiconductor chip stocks
- US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
- Reddit (RDDT) stock continues to slide as short-sellers eye stock
- Estée Lauder (EL) climbs as BofA upgrades to Buy on profit recovery expectations
- AMC Entertainment (AMC) enters into an equity distribution agreement
- Kerrisdale Capital is short Microstrategy (MSTR), long bitcoin
- Discover Financial Services (DFS) Announces CEO Resignation
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
- AMC Entertainment (AMC) Enters $250M ATM Agreement
Credit Suisse Raises Price Target on Applied Materials (AMAT) Following 3Q Report
August 19, 2016 11:39 AM EDTCredit Suisse reiterated an Outperform rating on Applied Materials (NASDAQ: AMAT), and raised the price target to $34.00 (from $29.00), following the company's 3Q earnings report. EPS beat of $0.02 over the Street was primarily driven by lower taxes. Revenues were reported at $2.82bn missed the Street's $2.87bn... More
MKM Partners Raises Price Target on Ross Stores (ROST) to $72 Following Solid 2Q Report
August 19, 2016 11:06 AM EDTMKM Partners reiterated a Buy rating on Ross Stores, Inc. (NASDAQ: ROST), and raised the price target to $72.00 (from $65.00), following the company's 2Q earnings report. ROST reported EPS of $0.71, ahead of the Street's $0.67 estimate and ahead of management's $0.64-$0.67 guidance. Full-year EPS is now projected... More
Jefferies Raises Price Target on Ross Stores (ROST) to $57 Following 2Q
August 19, 2016 9:25 AM EDTJefferies reiterated a Hold rating on Ross Stores, Inc. (NASDAQ: ROST), and raised the price target to $57.00 (from $51.00), following the company's 2Q earnings report. 2Q comps were reported at +4%, a sequential improvement from last qtr and ahead of 1-2% guidance. By category, home... More
Needham & Company Raises Price Target on Applied Materials (AMAT) Following Mixed 3Q
August 19, 2016 7:43 AM EDTNeedham & Company reiterated a Buy rating on Applied Materials (NASDAQ: AMAT), and raised the price target to $34.00 (from $29.00), following the company's 3Q earnings report. Revenue of $2.82B slightly missed the Street's $2.84B, but NG EPS of $0.50 beat consensus of $0.48 due to lower tax.... More