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Trading Radar for 11/4: Duke Energy (DUK), Genworth Financial (GNW), Shutterstock (SSTK), TDS (TDS) Report

Go back to Trading Radar for 11/4: Duke Energy (DUK), Genworth Financial (GNW), Shutterstock (SSTK), TDS (TDS) Report

Jefferies Cuts Price Target on Shutterstock (SSTK) Following Mixed 3Q

November 7, 2016 9:27 AM EST

Jefferies maintained a Hold rating on Shutterstock (NYSE: SSTK), and cut the price target to $55.00 (from $62.00), following the company's 3Q earnings report. Revenues were $123M, missing consensus estimates of $127M. Non-GAAP EPS was $0.40, ahead of the consensus of $0.33.

Analyst Brian Fitzgerald... More

Jefferies Reiterates Hold on E.W. Scripps Co. (SSP) - PT to $14

November 7, 2016 9:18 AM EST

Jefferies maintained a Hold rating on The E.W. Scripps Company (NYSE: SSP), and cut the price target to $14.00 (from $18.00), following the company's 3Q earnings report. Management highlighted that significantly lower presidential ad spend, and reduced exposure to key swing states is driving... More

UBS Cuts Price Target on PG&E Corp. (PCG) to $64; Reiterates Neutral

November 7, 2016 7:53 AM EST

UBS maintained a Neutral rating on PG&E Corporation (NYSE: PCG), and cut the price target to $64.00 (from $67.00). UBS perceives the key challenge for now as tied to the Cost of Capital Case, which could see the cost of debt trued-up, a tailwind of ~$75 Mn or ~$0.10... More