Pre-Open Stock Movers 07/10: (ICLD) (CVC) (SYT) Higher; (CUDA) (HELE) (DOV) Lower (more...)

Piper Jaffray Maintains a Neutral Rating on Qiagen (QGEN) Following Expanded Channel Checks

Piper Jaffray maintains a Neutral rating and $24.00 price target on Qiagen NV (NASDAQ: QGEN) following expanded channel checks. Analyst William Quirk says that the latest checks did not uncover additional transitions from Qiagen to alternative HPV platforms, and views this as a sighn that shares are stabilizing.

Quirk commented,... More

BMO Capital Remains Positive on Costco Wholesale (COST) After Meeting with Management

BMO Capital reiterates an Outperform rating and $165.00 price target on Costco Wholesale (NASDAQ: COST) following meetings with management. Analyst Kelly Bania expects ongoing IT modernization spending to remain elevated into calendar 2016 and into 2017.

Bania commented, "Following our visit, we feel even more confident about Costcos longer-term margin outlook, supported by: 1) ongoing mix shift toward higher-margin international sales (we estimate a roughly +10bps/year); 2) favorable mix-shift benefit from increasing penetration of higher-margin... More

Imperial Capital Cut Price Target on Barracuda Networks, Inc. (CUDA) Following F1Q16 Beat

Imperial Capital reiterates an Outperform rating on Barracuda Networks (NYSE: CUDA), and cut the price target to $47.00 (from $52.00), based on comparative valuation following F1Q16. CUDA reported F1Q16 revenue of $78.0mn, exceeding Street estimates of $77.2mn. Adjusted EPS of $0.09 beat Streets $0.08 estimate.... More