Oppenheimer Raises Price Target on Wex, Inc. (WEX) Following 3Q Report
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- 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
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Credit Suisse Downgrades WEX Inc. (WEX) to Neutral
October 31, 2016 7:07 AM EDTCredit Suisse downgraded WEX Inc. (NYSE: WEX) from Outperform to Neutral with a price target of $113.00 (from $108.00).
Analyst Paul Condra commented, ": We are downgrading to Neutral as we believe the current valuation is full at 21x PE. While we see no... More
Wex (WEX) Tops Q3 EPS by 12c; Guides Q4, FY16
October 27, 2016 6:48 AM EDTWex (NYSE: WEX) reported Q3 EPS of $1.25, $0.12 better than the analyst estimate of $1.13. Revenue for the quarter came in at $287.8 million versus the consensus estimate of $279.86 million.
GUIDANCE:
Wex sees Q4 2016 EPS of $1.20-$1.27, versus the consensus of $1.14. Wex sees Q4... More
Trading Radar for 10/27: Alphabet (GOOG), Amazon (AMZN), Twitter (TWTR) Ford (F), Baidu.com (BIDU) Report
October 26, 2016 2:46 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
Earnings:
Acorda Therapeutics (Nasdaq: ACOR) - no Street consensus
Aetna (NYSE: AET) - consensus EPS $2.03
Agenus (Nasdaq: AGEN) - consensus loss $0.29
Air Products (NYSE:... More