Needham & Company Raises Price Target on Synopsys (SNPS) to $60 Following 3Q

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Go back to Needham & Company Raises Price Target on Synopsys (SNPS) to $60 Following 3Q

After-Hours Stock Movers 8/17: (CIE) (NTAP) (LB) (YY) (SNPS) Higher; (CERU) (BGG) (ARAY) (KEYS) (A) (CSCO) Lower

August 17, 2016 5:34 PM EDT

Cobalt International Energy (NYSE: CIE) +7.6%; CFO David Powell and CEO Timothy Cutt acquired 100,000 shares each, according to SEC filings.

NetApp (NASDAQ: NTAP) +6%; reported Q1 EPS of $0.46, $0.10 better than the analyst estimate of $0.36. Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $1.26 billion. NetApp sees Q2 2017 EPS of $0.51-$0.56, versus the consensus of $0.55. NetApp sees Q2 2017 revenue of $1.265-1.415 billion, versus the consensus of $1.33 billion.

L Brands (NYSE: LB) +3%; reported Q2 EPS of $0.70, versus the analyst estimate of... More

Synopsys (SNPS) Tops Q3 EPS by 2c

August 17, 2016 4:11 PM EDT

Synopsys (NASDAQ: SNPS) reported Q3 EPS of $0.76, $0.02 better than the analyst estimate of $0.74. Revenue for the quarter came in at $615.2 million versus the consensus estimate of $602.89 million.

GUIDANCE:

Synopsys sees Q4 2016 EPS of $0.75-$0.78, versus the consensus of $0.75. Synopsys sees Q4... More

Trading Radar for 8/17: Cisco (CSCO), Lowe's (LOW), JA Solar (JASO), Analog Devices (ADI), NetApp (NTAP) Report

August 16, 2016 2:28 PM EDT

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

Before Markets Open:
Economics:
7:00am EDT

MBA Mortgage Index - no Street consensus

Earnings:

American Eagle Outfitters (NYSE: AEO) - consensus EPS $0.21
Analog Devices (Nasdaq:... More