UBS Raises Price Target on Flextronics (FLEX) Following 2Q EPS Beat

Flextronics (FLEX) Reports 2c EPS Beat; Deutsche Bank Raises Price Target to $12

Deutsche Bank reiterated a Hold rating on Flextronics (NASDAQ: FLEX), and raised the price target to $12.00 (from $11.00), following the company's 2Q16 earnings results. Flexs F2Q-16 sales and EPS of $6.3B/$0.27 beat the Street at $6.2B/$0.25.

Analyst Sherri Scribner commented,... More

After-Hours Movers 10/19: (ERII) (SNDK) (FLEX) Higher; (RMBS) (HXL) (IBM) Lower (more...)

Energy Recovery (NASDAQ: ERII) 118.3% HIGHER; announced a 15-year deal with Schlumberger Technology Corporation, the world's leading supplier of geoscience, engineering, drilling, and data management software products and computing services for the exploration and production industry. The agreement provides exclusive rights to Energy Recovery's VorTeq hydraulic pumping system, the first hydraulic fracturing manifold ("missile") built to isolate hydraulic fracturing pumps from abrasive proppants that cause pump failure.

Neos Therapeutics (NASDAQ: NEOS) 17.1% LOWER; announced that, on... More

Flextronics (FLEX) Tops Q2 EPS by 2c, Offers Q3 Guidance

Flextronics (NASDAQ: FLEX) reported Q2 EPS of $0.27, $0.02 better than the analyst estimate of $0.25. Revenue for the quarter came in at $6.32 billion versus the consensus estimate of $6.17 billion.

Flextronics sees Q3 2015 EPS of $0.28-$0.34, versus the consensus of $0.29. Flextronics sees Q3 2015 revenue of $6.2-6.8... More

Trading Radar for 10/19: Morgan Stanley (MS), IBM (IBM), Halliburton (HAL), Genuine Parts (GPC), Rambus (RMBS) Report

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

Before Markets Open:
Earnings:

Genuine Parts (NYSE: GPC) - consensus EPS $1.24
Halliburton (NYSE: HAL) - consensus EPS $0.28
Hasbro (Nasdaq: HAS) - consensus EPS $1.53
Lennox Int'l (NYSE:... More