Outerwall (OUTR) Trims FY15 Outlook; Announced Resignation of Redbox President Horak
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/22/2026
Go back to Outerwall (OUTR) Trims FY15 Outlook; Announced Resignation of Redbox President Horak
December 8, 2015 8:54 AM EST
Roth Capital maintained a Buy rating on Outerwall Inc. (NASDAQ: OUTR), and cut the price target to $61.50 (from $80.00), following weak Redbox performance. OUTR released updated guidance for FY15, which reflects lower than expected RB revenue in 4Q, in addition to announcing an expected write-off certain... More
December 8, 2015 7:45 AM EST
Piper Jaffray maintained an Overweight rating on Outerwall Inc. (NASDAQ: OUTR), and cut the price target to $57.00 (from $88.00), following weak results from the company's Redbox division. Outerwall is now looking for 2015 Redbox revenue of $1.76B at the mid-point, down from prior guidance of $1.8B. The company did not adjust expectations for the... More
December 8, 2015 7:36 AM EST
Wedbush maintained an Outperform rating on Outerwall Inc. (NASDAQ: OUTR), and cut the price target to $59.00 (from $100.00), following weak rentals for its Redbox division. Management increased kiosk inventory in Q4 in order to improve customer engagement, hoping to drive higher volumes by improving quantity... More
December 7, 2015 4:13 PM EST
Outerwall (NASDAQ: OUTR) trading halted with news pending.
...
More
