After-Hours Stock Movers 09/01: (MGT) Higher; (PAY) (LULU) (PQ) Lower (more...)
- Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow
- Sony/Apollo bid for Paramount could be worth as much as $29 billion - Source
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Nasdaq tumbles, Treasuries dip amid earnings, geopolitical crosscurrents
- Gold prices rally past $2,400 on reports of Israel strikes on Iran
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Jabil falls after placing CEO on paid leave amid internal investigation
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
MKM Partners Reiterates Buy on lululemon athletica (LULU) Following 2Q
September 2, 2016 11:07 AM EDTMKM Partners reiterated a Buy rating and $90.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 2Q earnings report. LULU's 5% comp included a 4% store comp and a 7% gain in DTC, below expectation's of 19%, with the differential largely due to the warehouse sale LY.
Analyst... More
Brean Capital Raises Price Target on Broadcom Ltd. (AVGO) to $205 Following 3Q
September 2, 2016 9:58 AM EDTBrean Capital reiterated a Buy rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $205.00 (from $200.00), following the company's 3Q earnings report. AVGO reported revenues of $3.802B vs. Street consensus of $3.756B. EPS of $2.89 beat the Street consensus of $2.77. AVGO also guided FQ4 non-GAAP revenue to $4.1B +/- $75M vs. Street at $4.056B.... More
Oppenheimer Reiterated Perform on Ambarella (AMBA) Following 2Q
September 2, 2016 9:47 AM EDTOppenheimer reiterated a Perform rating on Ambarella (NASDAQ: AMBA), following the company's 2Q earnings report. AMBA reported revenues and EPS of $65.1M and $0.54. Results came in ahead of the Street's $64.3M and $0.38.
Analyst Andrew Uerkwitz commented, "AMBA reported better-than-expected F2Q17 results, with... More
Oppenheimer Raises Price Target on Broadcom Ltd. (AVGO) to $200 Following 3Q
September 2, 2016 9:40 AM EDTOppenheimer reiterated an Outperform rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $200.00 (from $190.00), following the company's 3Q earnings report. AVGO reported revenue of $3.80B, ahead of the consensus estimate of $3.76. EPS of $2.89 also bested consensus at $2.77.
Analyst Rick... More
Oppenheimer Reiterates Outperform on lululemon athletica (LULU) Following 2Q
September 2, 2016 9:25 AM EDTOppenheimer reiterated an Outperform rating and $80.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 2Q earnings report.
Analyst Anna Andreeva commented, "LULU's supply chain/efficiency initiatives finally bearing fruit with 2Q16 gross margins up 260 bps (beating guidance by 140... More
Wedbush Remains Sidelined on Smith & Wesson (SWHC) Following 1Q Beat
September 2, 2016 9:14 AM EDTWedbush reiterated a Neutral rating on Smith & Wesson Holding (NASDAQ: SWHC), and raised the price target to $32.00 (from $29.00), following the company's 1Q earnings report. SWHC reported non-GAAP EPS for 1Q17 of $0.62 compared to the Streets estimate of $0.53 and the guided range of $0.49-$0.53.... More
Cowen Reiterates Outperform on lululemon athletica (LULU) Following 2Q
September 2, 2016 8:55 AM EDTCowen reiterated an Outperform rating and $80.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 2Q earnings report. LULU reported an EPS print of $0.38, in-line with the Street. Also, a better-than-expected gross margin expansion was offset by higher SG&A.... More
UBS Remains Sidelined on lululemon athletica (LULU) Following In-Line 2Q
September 2, 2016 8:46 AM EDTUBS reiterated a Neutral rating and $72.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 2Q earnings report. LULU reported EPS of $0.38, in-line with the Street's $0.38.
Analyst Michael Binetti commented, "With LULU up nearly 45% YTD (vs XRT +2%), we expect... More
Baird Reiterates Outperform on Broadcom Ltd. (AVGO) Following Solid 3Q
September 2, 2016 8:16 AM EDTBaird reiterated an Outperform rating and $205.00 price target on Broadcom Limited (NASDAQ: AVGO) following the company's 3Q earnings report. AVGO reported non-GAAP EPS of $2.42, well above the consensus of $2.30. Revenues of $3,802 million was above the midpoint of the guidance range of $3,675-$3,825 million.
Analyst... More
Wedbush Raises Price Target on lululemon athletica (LULU) to $84
September 2, 2016 8:07 AM EDTWedbush reiterated an Outperform rating on Lululemon Athletica Inc. (NASDAQ: LULU), and raised the price target to $84.00 (from $82.00), following the company's 2Q earnings report. Sales fell below expectations with SSS hitting +5% versus consensus of +6%. 2Q gross margin (+260 bps) came in well above consensus expectations (+130... More
RBC Capital Remains Bullish on Broadcom Ltd. (AVGO) Following Strong 3Q
September 2, 2016 7:41 AM EDTRBC Capital reiterated a Top Pick rating and $190.00 price target on Broadcom Limited (NASDAQ: AVGO) following the company's 3Q report. AVGO reported above expectations with non-GAAP revenues of $3.80B ahead of the Street at $3.76B. EPS of $2.89 came in ahead of $2.77 estimates.
Analyst Amit... More
Mizuho Securities Raises Price Target on Broadcom Ltd. (AVGO) Following Solid 3Q Results
September 2, 2016 7:17 AM EDTMizuho Securities reiterated a Buy rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $200.00 (from $190.00), following the company's 3Q earnings report. AVGO reported revenues of $3.8B, ahead of the Street's $3.76B. EPS came in at 2.89 versus consensus' $2.77.
Analyst Vijay... More
Stifel Reiterates Buy on Cooper Cos. (COO) Following In-Line 3Q
September 2, 2016 7:04 AM EDTStifel reiterated a Buy rating and $215.00 price target on Cooper Companies (NYSE: COO) following the company's 3Q earnings report. COO reported revenues of $515MM, essentially matching $511MM estimates. EPS was $2.30, slightly below $2.34 estimates. On the conference call, management clarified concerns about weakness in July, talked to ongoing APAC traction, and the disappointing CSI GM should represent the trough.... More