Trading Radar for 9/9: Kroger (KR), Swift Transportation (SWFT), Brady (BRC), ARC Group (ARCW) Report
- 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
Brean Capital Reiterates Buy on ARC Group Worldwide (ARCW) Following 4Q Report
September 12, 2016 9:48 AM EDTBrean Capital reiterated a Buy rating and $7.00 price target on ARC Group Worldwide (NASDAQ: ARCW) following the company's 4Q earnings report. ARCW reported revenue and EBITDA of $27.8M and $3.4M compared to the Street's estimates of $27.2M and $3.5M.
Analyst Ananda Baruah commented, "We believe ARCW is... More
RBC Capital Remains Sidelined as Kroger (KR) Lowered Full Year Guidance
September 12, 2016 8:23 AM EDTRBC Capital reiterated a Sector Perform rating and $37.00 price target on Kroger (NYSE: KR) after the company adjusts guidance in face of headwinds. KR is now expecting ID sales (ex. fuel) of 1.4%-1.8% (from 2.5%-3.5%), adjusted EPS of $2.10-$2.20 (from $2.19-$2.28), and Capex of... More
Jefferies Raises Price Target on Eros Int'l (EROS) to $20 Following 1Q Report
September 12, 2016 7:52 AM EDTJefferies reiterated a Buy rating on Eros International Plc (NYSE: EROS), and raised the price target to $20.00 (from $17.00), following the company's 1Q earnings report. EROS reported revenues of $71M, ahead of $65M expectations. F2Q revenue and adjusted EBITDA estimates are $61M... More