Wedbush Raises Price Target on Wayfair (W) Following 2Q EPS Beat

Go back to Wedbush Raises Price Target on Wayfair (W) Following 2Q EPS Beat

Notable 52-Week Highs and Lows 8/12: (W) (FIS) (HCKT) High; (SUNE) (BABA) (ARCO) Low

August 12, 2015 3:10 PM EDT

52-Week High:Wayfair (NYSE: W) $50.62. Wayfair gaining after it reported Q2 EPS of ($0.15), which was $0.14 better than the analyst estimate of ($0.29). Revenue for the quarter came in at $491.8 million versus the consensus estimate of $438.49 million.

Fidelity National Information Services (NYSE: FIS) $70.37. Fidelity National Information Services announced that it has signed a definitive agreement to acquire Wayne,... More

Unusual 11 Mid-Day Movers 8/12: (CERE) (EBIO) (W) Higher; (FORD) (CBLI) (AQXP) Lower

August 12, 2015 12:58 PM EDT

Ceres (Nasdaq: CERE) 179.0% HIGHER; has been awarded a U.S. patent for its iCODE multi-gene trait development system. The company indicated that the patent award is a key milestone in its plan to further develop and license this technology to other crop companies and organizations.

Eleven Biotherapeutics (Nasdaq: EBIO) 90.2% HIGHER; announced dose administration for the first patients in a Phase 3 study of EBI-005 for the treatment of moderate to severe allergic conjunctivitis. This Phase 3 study was designed and... More

Streetinsider.com's Hot Lunchtime Reads 8/12: (W) (TSLA) (AMGN) (BA)

August 12, 2015 12:13 PM EDT

The following is a list of notable articles to help get you through the lunch hour:Boeing (BA) CFO Smith Sees 'Upward Pressure' in 737 Production Output ->... More

Wayfair (W) 'Firing on All Cylinders', Cowen Says; PT Lifted to $55

August 12, 2015 12:11 PM EDT

Cowen analyst John Blackledge reiterated an Outperform rating and boosted his price target on Wayfair (NYSE: W) to $55.00 (from $37.00) following strong Q2 results. The analyst said the company is firing on all cylinders as key metrics accelerate.

Blackledge commented, "W reported strong 2Q15... More

Pre-Open Stock Movers 08/12: (W) (SLTD) (CDK) Higher; (APP) (FOSL) (BABA) Lower (more...)

August 12, 2015 9:25 AM EDT

American Apparel (NYSE: APP) 24.7% LOWER; will delay 10-Q, evaluate alternatives

Wayfair (NYSE:... More

Wayfair (W) Tops Q2 EPS by 14c, Sales Beat

August 12, 2015 7:04 AM EDT

Wayfair (NYSE: W) reported Q2 EPS of ($0.15), $0.14 better than the analyst estimate of ($0.29). Revenue for the quarter came in at $491.8 million versus the consensus estimate of $438.49 million.

As we continue to deliver a truly differentiated retail experience from start to finish, we are seeing... More

Trading Radar for 8/12: Alibaba (BABA), Cisco (CSCO), Macy's (M), News Corp. (NWSA), Wayfair (W) Report

August 11, 2015 2:20 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBA Mortgage Index - no Street consensus

Earnings:

AdCare Health Systems (NYSE: ADK) - no Street consensus
Alibaba (NYSE: BABA) - consensus EPS $0.58
American DG Energy (Nasdaq: ADGE) - no Street consensus
Applied Industrial Technologies (NYSE: AIT) - consensus EPS $0.73
Aramark Services (Nasdaq:... More