Wall St. rises with Apple, biotechs, but Fed jitters remain

Piper Jaffray Raises Price target on Restoration Hardware (RH) Following 1c EPS Beat

Piper Jaffray reiterated a Neutral rating on Restoration Hardware (NYSE: RH), and raised the price target to $109.00 (from $91.00), following the company's 2Q15 results. RH reported EPS of $0.85 versus the consensus estimate of $0.84. For FQ3, management expects to report EPS in the range of $0.60 to $0.65.... More

BB&T Capital Reiterates Buy on Restoration Hardware (RH) Following 2Q15

BB&T Capital reiterated a Buy rating and $120.00 price target on Restoration Hardware (NYSE: RH) following the company's 2Q15 earnings release. Net revenues increased 16.9% to $507M. Diluted EPS rose 26.9% to $0.85, beating consensus by $0.01.

Analyst Anthony Chukumba commented, "Restoration Hardware's (RH) better-than-expected Q2'15 results... More

Cowen Remains Bullish on Restoration Hardware (RH) Following 2Q15

Cowen reiterated an Outperform rating and $108.00 price target on Restoration Hardware (NYSE: RH) following the company's 2Q15. RH reported EPS of $0.85, beating consensus by 1c. Revenues were $506.9M, coming in ahead of consensus' $503.33M.

Analyst Oliver Chen commented, "Impressive 2Q momentum (rev.... More

Cowen Cuts Price Target on Lululemon Athletica (LULU) as Stock Reacts Negatively Following 2Q

Cowen reiterated an Outperform rating on Lululemon Athletica Inc. (NASDAQ: LULU), and cut the price target to $62.00 (from $74.00), as stock negatively reacts to a combination of lower GM and elevated inventory. Management was adamant that the pressure was not structural in nature, and reiterated their focus on creating a solid foundation to support their long-term growth initiatives. Analyst Oliver Chen would wait for... More

Mizuho Securities Cuts Price Target on lululemon athletica (LULU) to $58 following 2Q16

Mizuho Securities maintained a Neutral rating on Lululemon Athletica Inc. (NASDAQ: LULU), and cut the price target to $58.00 (from $63.00), following the company's 2Q16 earnings report and soft 3Q guidance. 2Q EPS of $0.34 was above consensus estimate of $0.33. Management's outlook for 3Q EPS is... More

Wolfe Research Cuts Price Target on lululemon athletica (LULU) Following 2Q15

Wolfe Research maintained a Peerperform rating on Lululemon Athletica Inc. (NASDAQ: LULU), and cut the price target to $54.00 (from $65.00), following the company's 2Q15 earnings results. LULU reported EPS of $0.34, beating the Consensus estimate of $0.33. Management also identified opportunities to integrate twothirds of the... More

Jefferies Cuts Price Target on Apple (AAPL) to $126 Following Sep 9th Event

Jefferies reiterates a Hold rating on Apple (NASDAQ: AAPL), and cut the price target to $126.00 (from $130.00), following the company's September 9th event. Analyst Sundeep Bajikar liked Apple's progress in Watch, Ipad, and TV, but was "underwhelmed" by the iPhone 6s.

Bajikar... More

Nomura Securities Raises Price Target on Palo Alto Networks (PANW) Following 4Q15

Nomura Securities reiterates a Buy rating on Palo Alto Networks (NYSE: PANW), and raised the price target to $195.00 (from $185.00), following the company's 4Q15 earnings results.

Analyst Frederick Grieb commented, "Wednesday, after the close, Palo Alto announced F4Q15 results, with billings growth of 69%... More

Canaccord Genuity Cuts Price target on Box (BOX) to $18 on Continued Pullback

Canaccord Genuity maintained a Hold rating on Box, Inc. (NYSE: BOX), and cut the price target to $18.00 (from $21.00), on continued pullback on the stock, down 25% since June.

Analyst Richard Davis commented, "Box's pullback over the summer (down 25% since its highs in June) along with its steady stream of product improvements, partnerships and... More