After-Hours Stock Movers 11/21: (SBLK) (CTIC) (SINA) Higher; (PANW) (DY) (JACK) Lower (more...)
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- 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
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
FBR Capital Cuts Price Target on Dycom Industries (DY) Following 1Q
November 22, 2016 3:59 PM ESTFBR Capital maintained an Outperform rating on Dycom Industries (NYSE: DY), and cut the price target to $115.00 (from $121.00), following the company's 1Q earnings report. Following Dycom Industries' in-line results, FBR adjusted 2017 estimates to account for guidance related to Google and Goodman. FBR reduced revenue estimates to $3,004M (from $3,060M). Adjusted EBITDA estimates were cut to $446M (from $454M), and adjusted EPS of $5.10 was cut from $5.15.... More
Oppenheimer Remains Bullish on Jack in the Box (JACK) Following 4Q
November 22, 2016 10:16 AM ESTOppenheimer reiterated an Outperform rating and $115.00 price target on Jack In The Box (NASDAQ: JACK) following the company's 4Q earnings report. Adjusted 4Q16 EPS of $1.03 beat Street's $0.88E primarily related to better SG&A (~$0.11), a lower tax rate ($0.03) and higher franchise profits ($0.02). Within management's... More
UBS Cuts Price Target on Palo Alto Networks (PANW) to $160 Following 1Q
November 22, 2016 8:28 AM ESTUBS maintained a Buy rating on Palo Alto Networks (NYSE: PANW), and cut the price target to $160.00 (from $165.00), following the company's 1Q earnings report. PANW reported product revenue of $164M, below the Street's $167M estimate.
Analyst Brent Thill commented, "On the heels of a tough set-up... More
Needham & Company Remains Sidelined on Palo Alto Networks (PANW) Following Mixed Quarter
November 22, 2016 7:19 AM ESTNeedham & Company reiterated a Hold rating on Palo Alto Networks (NYSE: PANW) following the company's 1Q earnings report. PANWs $398.1m revenues and $517m billings were below the consensus estimates of $400m revenue and $525m billings. EPS of $0.55 was better than $0.52 consensus. Management guided 2Q to $426-432m and $0.61-0.63 EPS, which is below... More
Goldman Sachs Sees 21% Downside in FireEye (FEYE) and Cuts Rating to 'Sell'
November 22, 2016 6:37 AM EST(Updated - November 22, 2016 8:46 AM EST)
Goldman Sachs downgraded FireEye, Inc (NASDAQ: FEYE) from Neutral to Sell with a price target of $11 (prior $15), implying downside of 21%. Analyst Gabriela Borges thinks fundamentals will remain challenged through 2017.
"FireEye is in the midst of several significant product and business model transitions, which we believe creates medium-term risk to estimates and the stock.... More