Envestnet (ENV) Tops Q2 EPS by 1c; Will Acquire Yodlee (YDLE) in $660M Deal
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Envestnet (ENV) PT Cut to $32 at UBS; Acquisition Out of Line With Investors' Expectations
August 12, 2015 8:59 AM EDTUBS analyst Alex Kramm reiterated a Neutral rating and slashed his price target on Envestnet (NYSE: ENV) to $32.00 (from $55.00) following in-line Q2 but the Yodlee acquisition was out of line with investors' expectations.
Kramm commented, "While 2Q financial results met expectations, asset growth metrics... More
Avondale Partners Downgrades Envestnet (ENV) to Market Perform
August 11, 2015 9:33 AM EDTAvondale Partners downgraded Envestnet (NYSE: ENV) from Market Outperform to Market Perform with a price target of $46 (unchanged).
For an analyst ratings summary and ratings history on Envestnet click here. For more ratings news on Envestnet click here.
Shares of Envestnet closed at $45.21 yesterday.
... MoreYodlee (YDLE) to Resume Trading at 4:50 PM
August 10, 2015 4:29 PM EDTYodlee (NASDAQ: YDLE) to Resume Trading at 4:50 PM
... MoreYodlee (YDLE) Tops Q2 EPS by 1c
August 10, 2015 4:26 PM EDTYodlee (NASDAQ: YDLE) reported Q2 EPS of $0.00, $0.01 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $26 million versus the consensus estimate of $25.94 million.
For earnings history and earnings-related data on Yodlee (YDLE) click here.
... More