ADTRAN (ADTN) PT Raised to $25 at Needham & Company Following 2Q Report
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Go back to ADTRAN (ADTN) PT Raised to $25 at Needham & Company Following 2Q Report
July 20, 2017 7:07 AM EDT
Cowen raised its price target on ADTRAN (NASDAQ: ADTN) to $18.00 (from $16.00) while maintaining a Market Perform rating following the company's 2Q. ADTN reported 2Q EPS of $0.30 (Street was $0.19), driven primarily by margin upside together with better than expected revenue. $184.7M revenue was better than... More
July 19, 2017 9:26 AM EDT
Today's Pre-Open Stock Movers
Aeterna Zentaris Inc. (NASDAQ: AEZS) 48% HIGHER; announced that it has been notified by the U.S. Food and Drug Administration (FDA), that the Companys New Drug Application (NDA) seeking approval of Macrilen (macimorelin) for the evaluation of growth hormone deficiency in adults (AGHD) has been accepted as a complete response to the FDAs November 5, 2014 Complete Response Letter and granted a PDUFA date of December 30, 2017.
DryShips Inc. (NASDAQ: DRYS) 30.8% LOWER; announced today... More
July 19, 2017 5:36 AM EDT
ADTRAN, Inc. (NASDAQ: ADTN) declared a quarterly dividend of $0.09 per share, or $0.36 annualized.
The dividend will be payable on August 17, 2017, to stockholders of record on August 3, 2017, with an ex-dividend date of August 1, 2017.
The annual yield on the dividend is 1.8 percent.
For... More
July 18, 2017 6:05 AM EDT
ADTRAN, Inc. (NASDAQ: ADTN) July call option implied volatility is at 67, August is at 31; compared to its 52-week range of 24 to 43 into the expected release of Q2 results on July 19.
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