Envestnet (ENV) Tops Q2 EPS by 1c; Will Acquire Yodlee (YDLE) in $660M Deal
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Go back to Envestnet (ENV) Tops Q2 EPS by 1c; Will Acquire Yodlee (YDLE) in $660M Deal
August 12, 2015 8:59 AM EDT
UBS 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
August 11, 2015 9:33 AM EDT
Avondale 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.
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August 10, 2015 4:29 PM EDT
Yodlee (NASDAQ: YDLE) to Resume Trading at 4:50 PM
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August 10, 2015 4:26 PM EDT
Yodlee (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.
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