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- Wall St set to open higher as tech rebounds, Micron earnings eyed
- Brent hits lowest since before start of Iran war on expectations of smoother oil flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- JPMorgan raises S&P 500 target to 7,800, says earnings revision ’unprecedented’
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Needham & Company Cuts Price Target on Bankrate (RATE); Says Headwinds may Persist into 1Q16
February 25, 2016 6:53 AM ESTNeedham & Company reiterated a Buy rating on Bankrate (NYSE: RATE), and cut the price target to $15.00 (from $20.00), following the company's 4Q earnings report. Needham is expecting RATE to open significantly lower due to disappointing results. revenue of $93.4mm, and Adjusted EBITDA of $28.5mm, both came in below estimates. Competitive issues and downward... More
