Notable 52-Week Highs and Lows 10/10: (TSRO) (DE) (FANG) High; (MYGN) (NTLA) Low
- Shares jump on tech boost; fragile yen on intervention watch
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Boeing reports first revenue drop in 7 quarters as deliveries decline
- Oil prices steady after rallying on US stock decline, business data
- Yen on the brink, but Tesla pulls back
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Hasbro (HAS) brand strength sees earnings top expectations
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Tesla, AT&T, Biogen and Hasbro rise premarket; Uber, Enphase fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
Canaccord Genuity Reiterates Buy on Diamondback Energy (FANG)
October 11, 2016 10:10 AM EDTCanaccord Genuity reiterated a Buy rating on Diamondback Energy (NASDAQ: FANG), and raised the price target to $116.00 (from $103.00), after adjusting estimates. FANG reported production of 44.9 MBoe/d for Q3/16, beating the consensus estimate of 38.8 MBoe/d. New 2017 estimates of 58.4 MBoe/d come... More
KLR Group Raises Price Target on Diamondback Energy (FANG) to $136; Reiterates Buy
October 11, 2016 8:18 AM EDTKLR Group Buy Diamondback Energy (NASDAQ: FANG) price target of $139.00 (from $126.00) after adjusting estimates. FANG announced 3Q volumes of ~44.9 MBoepd, ~16% higher than ~38.6 MBoepd estimates. There is no change to KLR's 2H16 completion tempo expectation of ~50 wells. However, due to strong well performance KLR did increase 2016 volume outlook by ~8% to ~42.3 MBoepd.... More