Pre-Open Stock Movers 08/31: (CHS) (ININ) (VEEV) Higher; (AVAV) (PANW) (HRB) Lower (more...)

FBR Capital Remains Bullish on Chicos FAS (CHS) Following 2Q EPS Beat

FBR Capital reiterated an Outperform rating and $17.00 price target on Chico's, Inc. (NYSE: CHS) following the company's 2Q earnings report. CHS reported adjusted EPS of $0.03 above the consensus estimate. CHS's newest restructuring announced today will eliminate corporate and field leadership head count by ~200 or 13% and create new positions in key areas such as analytics.... More

Mizuho Securities Raises Price Target on Chicos FAS (CHS) to $15 Following 2Q

Mizuho Securities reiterated a Buy rating on Chico's, Inc. (NYSE: CHS), and raised the price target to $15.00 (from $13.00), following the company's 2Q earnings report. CHS reported OpEPS of $0.25 came in ahead of the Streets $0.23 estimate. Mizuho increased 3Q EPS estimates to $0.13 from $0.10 and... More

Imperial Capital Reiterates Outperform as Palo Alto Networks (PANW) Reports 4Q Results

Imperial Capital reiterated an Outperform rating and $190.00 price target on Palo Alto Networks (NYSE: PANW) following the company's 4Q earnings report. PANW reported revenue of $401mn and adjusted EPS of $0.50, compared with the Street revenue estimates of 389mn and adjusted EPS estimates of 0.49.... More

Stifel Reiterates Buy on Palo Alto Networks (PANW) Following 4Q Report

Stifel reiterated a Buy rating and $210.00 price target on Palo Alto Networks (NYSE: PANW) following the company's 4Q earnings report. Total revenue increased 41.2% y/y to $400.8mn, exceeding the Street's estimate of ~$390.0mn. Non-GAAP EPS of $0.50 was in-line with estimates. Palo Alto expects 1Q17 total revenue of $396.0-402.0mn and non-GAAP EPS of $0.51-0.53 versus previous Street expectations of $401.8mn and... More

Stifel Raises Price Target on Veeva Systems (VEEV) to $43 Following 2Q Beat and Raise

Stifel reiterated a Buy rating on Veeva Systems (NYSE: VEEV), and raised the price target to $43.00 (from $40.00), following the company's 2Q earnings report. Total revenue of $131.3mn came in ahead of consensus of $126.5mn. EPS of $0.15 beat Street expectations of $0.13. Management issued 3Q17 guidance of $134.5-$136.0mn (Street $133.1mn)... More

Stifel Remains Sidelined on AeroVironment (AVAV) Following 1Q Report

Stifel reiterated a Hold rating on AeroVironment (NASDAQ: AVAV) following the company's 1Q earnings report. AV took a $1.8m charge in 1Q to account for higher warranty costs. Management indicated that, excluding the higher warranty costs in 1Q, results were largely in line with expectations.

Analyst... More

Oppenheimer Reiterates Perform on H&R Block (HRB) Following 1Q Report

Oppenheimer reiterated a Perform rating on H&R Block (NYSE: HRB), following the company's 1Q earnings report. HRB reported EPS of -$0.55, consistent with consensus estimates of -$0.53. Management indicated its cost savings are pacing on track with internal expectations.

Analyst Scott Schneeberger... More

Nomura Securities Cuts price Target on Palo Alto Networks (PANW) Following 4Q

Nomura Securities maintained a Buy rating on Palo Alto Networks (NYSE: PANW), and cut the price target to $180.00 (from $200.00), following the company's 4Q earnings report. PANW reported product revenue of $191.1mn beating consensus at $187.4mn. Services revenue came in at $209.7mn, ahead of... More