Pre-Open Stock Movers 09/28: (SEED) (AVXL) (ATHX) Higher; (GALT) (TPX) (SONC) Lower (more...)
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- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
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- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
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Imperial Capital Raises Price Target on BlackBerry (BBRY) to $8.50 Following 2Q Report
September 30, 2016 7:33 AM EDTImperial Capital reiterated an In-Line rating on BlackBerry (NASDAQ: BBRY), and raised the price target to $8.50 (from $7.00), following 2Q earnings report. Management reaffirmed its FY17 outlook for the software and services business and continues to expect revenue growth of 30%. Management also estimates adjusted EPS of ($0.05)-$0.00 for FY17, up from previous guidance of approximately ($0.15).... More
MKM Partners Raises Price Target on BlackBerry (BBRY) Following 2Q Beat
September 29, 2016 10:46 AM EDTMKM Partners reiterated a Neutral rating on BlackBerry (NASDAQ: BBRY), and raised the price target to $8.00 (from $7.50), following the company's 2Q earnings report. EPS came in better than expected at $0.00, compared to ($0.06) estimates. Total revenues came in at $352mn, compared to consensus estimates at $392mn.... More
Jefferies Raises price Target on Pier 1 Imports (PIR) Following 2Q Report
September 29, 2016 8:49 AM EDTJefferies reiterated a Hold rating on Pier 1 Imports (NYSE: PIR), and raised the price target to $4.50 (from $4.25), following the company's 2Q earnings report. Merchandise margins were in line with guidance on a more balanced promotional posture and improved distribution center efficiency.
Analyst... More
Oppenheimer Reiterates Outperform on Cintas Corp. (CTAS) Following 1Q Report
September 28, 2016 10:05 AM EDTOppenheimer reiterated an Outperform rating on Cintas Corp. (NASDAQ: CTAS) following the company's 1Q earnings report. CTAS reported adjusted EPS of $1.26, ahead of the consensus estimates of $1.08. Management updated FY17 EPS guidance to $4.55-4.63 from $4.35-4.45 vs. the consensus of $4.42.
Analyst Scott Schneeberger... More
Oppenheimer Remains Bullish Ahead of Sonic Corp's (SONC) 4Q Report
September 28, 2016 9:48 AM EDTOppenheimer maintained an Outperform rating on Sonic Corp (NASDAQ: SONC), and cut the price target to $33.00 (from $40.00), ahead of the company's 4Q earnings report. SONC pre-announced -2% SSS, vs sell-side's stale estimate of +0.5%. The company also announced 4Q16 adjusted EPS would be $0.43-0.45 vs. Street's... More
