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Trading Radar for 11/3: GoPro (GPRO), Chesapeake (CHK), Activision (ATVI), Fossil (FOSL), Starbucks (SBUX) Report

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Jefferies Raises Price target on Arista Networks (ANET) Following Strong 3Q

November 4, 2016 10:26 AM EDT

Jefferies reiterated an Underperform rating on Arista Networks (NYSE: ANET), and raised the price target to $50.00 (from $40.25), following the company's 3Q earnings report. September sales of $290.3 million beat the Street's $283 million estimate. Non-GAAP EPS totaled $0.83 versus Street numbers looking for $0.73.

Analyst George... More

Jefferies Raises Price Target on Charter Communications (CHTR) to $280

November 4, 2016 10:17 AM EDT

Jefferies reiterated a Hold rating on Charter Communications (NASDAQ: CHTR), and raised the price target to $280.00 (from $244.00), following the company's 3Q.

Analyst Mike McCormack commented, "Despite modestly weaker sub metrics and in-line revenue, Charter reported strong EBITDA growth as synergies appear... More

Jefferies Cuts Price Target on Cigna Corp. (CI) Following 3Q

November 4, 2016 9:44 AM EDT

Jefferies maintained a Buy rating on CIGNA (NYSE: CI), and cut the price target to $149.00 (from $153.00), following the company's 3Q earnings report. Management was emphatic about strong 2017 EPS growth after this year's 8% decline. EPS guidance was unchanged. However, Healthcare earnings guidance was lowered by... More

Jefferies Cuts Price Target on On Deck Capital (ONDK) Following 3Q Miss

November 4, 2016 9:35 AM EDT

Jefferies maintained a Hold rating on On Deck Capital (NYSE: ONDK), and cut the price target to $5.40 (from $6.50), following the company's 3Q earnings report. Gross revenue was up +15% Y/Y to $77.4MM vs. consensus estimates of $75.3MM and guidance of $73MM-$76MM.... More

Drexel Hamilton Reiterates Buy on Hortonworks (HDP) Following Solid 3Q

November 4, 2016 9:27 AM EDT

Drexel Hamilton reiterated a Buy rating and $18.00 price target on Hortonworks (NASDAQ: HDP) following the company's 3Q earnings report. Hortonworks reported sales of $47.5 million, which beat the Street's estimate of $45.1 million. Loss per share of $0.68 compared to the consensus of negative $0.66.

Analyst Brian White... More

Jefferies Cuts Price Target on Gain Capital (GCAP); Reiterates Buy

November 4, 2016 9:22 AM EDT

Jefferies maintained a Buy rating on Gain Capital Holdings (NYSE: GCAP), and cut the price target to $7.00 (from $8.00), following the company's 3Q earnings report. Net revenues of $72.2M came in ahead of $69.0M estimates with retail revenue the primary driver.

Analyst Daniel... More

Jefferies Cuts Price Target on Fossil Group (FOSL) to $24

November 4, 2016 9:13 AM EDT

Jefferies maintained a Hold rating on Fossil Group (NASDAQ: FOSL), and cut the price target to $24.00 (from $29.00), following the company's 3Q earnings report.

Analyst Randal Konik commented, "While 3Q beat, it marked another overall challenging quarter. Improvement in watch revs is encouraging,... More

Jefferies Cuts Price Target on Prestige Brands (PBH) to $42 Following Soft 2Q

November 4, 2016 9:08 AM EDT

Jefferies maintained an Underperform rating on Presitge Brands (NYSE: PBH), and cut the price target to $42.00 (from $45.00), following the company's 2Q earnings report. 2Q topline missed Street estimates by 1%, with lower GM% offset by lower A&P and SG&A, driving a ~0.5%... More

Oppenheimer Remains Bullish as Activision Blizzard (ATVI) Reports 3Q

November 4, 2016 8:40 AM EDT

Oppenheimer maintained an Outperform rating and $53.00 price target on Activision Blizzard (NASDAQ: ATVI) following the company's 3Q earnings report. Adjusted revenues and EPS of $1,630M and $0.52 beats consensus of $1,567M/$0.42. Activision revenues were down 36% Y/Y, Blizzard was up 97% Y/Y thanks to strong... More

Needham & Company Cuts Price Target on Imperva (IMPV) Following 3Q

November 4, 2016 8:21 AM EDT

Needham & Company maintained a Buy rating on Imperva (NYSE: IMPV), and cut the price target to $43.00 (from $64.00), following the company's 3Q earnings report. After the material guide-down last quarter, the results for IMPV were a solid beat, with $68.4m and $0.08 EPS well above $63.2m and ($0.16) loss per share consensus. CY16 was... More

RBC Capital Raises Price Target on TrueCar (TRUE) to $12 Following 3Q Beat

November 4, 2016 8:11 AM EDT

RBC Capital reiterated a Sector Perform rating on TrueCar (NASDAQ: TRUE), and raised the price target to $12.00 (from $10.00), following the company's 3Q earnings report. Revenue of $75.1MM was above the Street estimates of $71MM and above guidance of $70-72MM. Adjusted EBITDA of... More

FBR Capital Reiterates Outperform on Callaway Golf (ELY) Following 3Q Beat

November 4, 2016 7:45 AM EDT

FBR Capital reiterated an Outperform rating and $12.00 price target on Callaway Golf (NYSE: ELY) following the company's 3Q earnings report. ELY reported a 3Q16 EPS beat of ($0.06) versus consensus of ($0.12). The results reflect revenue growth of +6.9% versus consensus of +0.1%. The revenue beat was driven by the Japan apparel joint venture, golf balls (+11.6% versus consensus of... More

Mizuho Securities Raises Price Target on Ironwood Pharma (IRWD) Following 3Q Beat

November 4, 2016 7:38 AM EDT

Mizuho Securities reiterated a Buy rating on Ironwood Pharmaceuticals (NASDAQ: IRWD), and raised the price target to $20.00 (from $19.00), following the company's 3Q earnings report. IRWD reported revenues of $66.1M and a loss of ($0.18) vs. StreetAccount consensus of $59.8M and ($0.24).

Analyst Irina... More

Mizuho Securities Reiterates Buy on Activision Blizzard (ATVI) Following 3Q

November 4, 2016 7:31 AM EDT

Mizuho Securities reiterated a Buy rating and $48.00 price target on Activision Blizzard (NASDAQ: ATVI) following the company's 3Q earnings report. A|B reported revenue of $1.63b, surpassing Street expectations by 4%, or $60m. Non-GAAP EPS was $0.52, significantly ahead of the Street estimates of $0.42. For... More

Drexel Hamilton Reiterates Buy on Skyworks Solutions (SWKS) Following 4Q Beat and Raise

November 4, 2016 7:05 AM EDT

Drexel Hamilton reiterated a Buy rating and $90.00 price target on Skyworks Solutions (NASDAQ: SWKS) following the company's 4Q report. SWKS turned in revenue of $835.4 million, exceeding the Street's consensus of $831.3 million. EPS of $1.47 also beat the Street's consensus of $1.43. For the December... More

Cowen Cuts Price Target on Fossil Group (FOSL) to $25 as Core Watch Business Remains Weak

November 4, 2016 6:51 AM EDT

Cowen maintained a Market Perform rating on Fossil Group (NASDAQ: FOSL), and cut the price target to $25.00 (from $30.00), following the company's 3Q earnings report. On the call, management highlighted that initial demand for the new Michael Kors ACCESS line has exceeded expectations. The... More

TherapeuticsMD (TXMD) Misses Q3 EPS by 2c

November 3, 2016 4:31 PM EDT

TherapeuticsMD (NYSE: TXMD) reported Q3 EPS of ($0.13), $0.02 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $5.53 million versus the consensus estimate of $5.76 million.

We are making excellent progress this year advancing our pipeline and enhancing our commercial capabilities... More

Trecora Resources (TREC) Misses Q3 EPS by 8c

November 3, 2016 4:25 PM EDT

Trecora Resources (NYSE: ) reported Q3 EPS of $0.08, $0.08 worse than the analyst estimate of $0.16. Revenue for the quarter came in at $57.1 million versus the consensus estimate of $60.3 million.

Trecora President and CEO Simon Upfill-Brown commented, "Despite a challenging petrochemical market environment, we saw a 16.4% sequential increase in prime product... More

Tremor Video (TRMR) Misses Q3 EPS by 2c

November 3, 2016 4:22 PM EDT

Tremor Video (NYSE: TRMR) reported Q3 EPS of ($0.07), $0.02 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $41.3 million versus the consensus estimate of $37.43 million.

In the third quarter we delivered profitable EBITDA and strong growth in our Total... More

TrueCar (TRUE) Tops Q3 EPS by 5c

November 3, 2016 4:18 PM EDT

TrueCar (NASDAQ: TRUE) reported Q3 EPS of ($0.01), $0.05 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $75.01 million versus the consensus estimate of $71.17 million.

"In the third quarter, we achieved record results on virtually every operating metric across... More

Vital Therapies (VTL) Reports In-Line Q3 EPS

November 3, 2016 4:07 PM EDT

Vital Therapies (NASDAQ: VTL) reported Q3 EPS of ($0.32), in-line with the analyst estimate of ($0.32).

For earnings history and earnings-related data on Vital Therapies (VTL) click here.

... More