Wall St. ends up after jobs report; S&P down for second week

Drop in Valeant (VRX) Share Price Hits Univ. of Texas' $24B Endowment

The University of Texas endowment fund underperformed its benchmark for the six-month period ending February 29, 2016. One of the main reasons for the slump was its investment in Valeant.

Bloomberg noted that UTIMCO, which is the non-profit organization managing the $24 billion endowment, said it was down 4.3 percent... More

Mizuho Securities Remains Bullish on Square (SQ) Following 1Q Beat and Mixed Guide

Mizuho Securities reiterated a Buy rating and $16.00 price target on Square (NYSE: SQ) following the company's 1Q earnings report. GPV of $10.2b helped drive net revenue of $146m, handily beating Street's $135m estimate. For FY2016, the revenue mid-point guide was raised from... More

Oppenheimer Remains Sidelined as GoPro (GPRO) Announces Drone Delay

Oppenheimer reiterated a Perform rating on GoPro (NASDAQ: GPRO) following 1Q earnings report. GPRO reported revenues of $183.5, ahead of the consensus estimates of $169M. EPS was reported as ($0.63) vs. ($0.55) estimate. Management reaffirmed FY16 revenue at $1.35-1.50B, and announced a delay of its drone product release,... More

Yelp (YELP) PT Raised to $36 at RBC Capital

RBC Capital analyst Mark Mahaney raised his price target on Outperform-rated Yelp (NYSE: YELP) to $36.00 (from $33.00) following Beat & Raise Q1 EPS results.

Keys to the quarter:

1) Local Ad Revenue Growth Acceleration To 40% To $138MM (87% of total revenue), with an arguably implied outlook for a... More

Yelp (YELP): Good Quarter and Guide, Need More To Upgrade - Susquehanna

Susquehanna analyst, Shyam Patil, noted the good quarter and guide from Yelp (NYSE: YELP), but hed need to see more consistent execution for an upgrade from Neutral.

Q1 revenue was 2% above consensus, driven by higher local advertising, whilet transaction revenue came in lower... More