After-Hours Stock Movers 10/26: (OCN) (CAKE) (FFIV) Higher; (RWLK) (GRPN) (AKS) Lower (more...)
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- 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
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Jefferies Raises Price Target on Western Digital (WDC) to $75; Reiterates Buy
October 27, 2016 10:24 AM EDTJefferies reiterated a Buy rating on Western Digital Corp. (NASDAQ: WDC), and raised the price target to $75.00 (from $70.00), following the company's 1Q earnings report. Revenue totaled $4.71B, exceeding the $4.5B guided on the Sep-7 pre-announcement (Street = $4.52B). Q1 EPS hit $1.18, also above the pre-announced $1.02 (Street =... More
Jefferies Remains Sidelined on Shutterfly (SFLY) - PT to $52
October 27, 2016 10:14 AM EDTJefferies maintained a Hold rating on Shutterfly Inc. (NASDAQ: SFLY), and cut the price target to $52.00 (from $55.00), following the company's 3Q earnings report. During 3Q SFLY completed two major steps in the integration of SFLY 3.0 including launching its all new mobile app and... More
Jefferies Raises Price Target as Cheesecake Factory (CAKE) Posts 3Q Beat
October 27, 2016 8:46 AM EDTJefferies reiterated a Hold rating on Cheesecake Factory (NASDAQ: CAKE), and raised the price target to $51.00 (from $49.00), following the company's 3Q earnings report. 3Q SSS of +1.7% beat the consensus of +0.8%, benefiting from pricing of +2.6% and mix of +0.5%, offset by -1.4% traffic. EPS of $0.70 was better... More
Jefferies Raises Price Target on Planet Fitness (PLNT) Following Solid 3Q
October 27, 2016 8:34 AM EDTJefferies reiterated a Buy rating on Planet Fitness (NYSE: PLNT), and raised the price target to $27.00 (from $26.00), following the company's 3Q earnings report. PLNT reported system-wide comps of +10.0%, ahead of consensus of 7.2%.
Analyst Randal Konik commented, "PLNT posted a solid 3Q'16 with a... More
Susquehanna Remains Positive on Western Digital (WDC) - PT to $88
October 27, 2016 8:11 AM EDTSusquehanna reiterated a Positive rating on Western Digital Corp. (NASDAQ: WDC), and raised the price target to $88.00 (from $80.00), following the company's 1Q earnings report.
Analyst Mehdi Hosseini commented, "WDC exceeded its own positive pre from Sep, and we came away encouraged by favorable... More
Needham & Company Reiterates Buy on Shutterfly (SFLY) Following Solid 3Q
October 27, 2016 8:02 AM EDTNeedham & Company reiterated a Buy rating and $56.00 price target on Shutterfly Inc. (NASDAQ: SFLY) following the company's 3Q earnings report. following the company's 3Q earnings report. Total revenue was $187.3M, up 12% y/y, above consensus of $183.5M, primarily driven by continued strength in the Shutterfly brand and... More
Cowen Raises Price Target on Planet Fitness (PLNT) to $25 Following 3Q
October 27, 2016 7:40 AM EDTCowen reiterated an Outperform rating on Planet Fitness (NYSE: PLNT), and raised the price target to $25.00 (from $24.00), following the company's 3Q earnings report. PLNT reported overall system-wide comps of +10.0%, ahead of the Street at +7.3%. About 90% of the comp was driven by an increase in members.... More
Needham & Company Reiterates Buy on TTM Technologies (TTMI) Following 3Q
October 27, 2016 7:24 AM EDTNeedham & Company reiterated a Buy rating on TTM Technologies (NASDAQ: TTMI), and raised the price target to $14.00 (from $12.00), following the company's 3Q earnings report. TTMI reported 3Q results of $641M in revenues and $0.39 nonGAAP EPS, vs. the consensus estimates of $640M and $0.32.
Analyst... More