Morgan Stanley Remains Sidelined on Lamb Weston (LW) Following 1Q Results

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Lamb Weston (LW) PT Raised to $58 at Jefferies Following 1Q

October 5, 2017 7:08 AM EDT

Jefferies raised its price target on Lamb Weston (NYSE: LW) to $58.00 (from $53.00) while maintaining a Buy rating following the company's 1Q earnings release. Results reaffirmed positive view on industry fundamentals. Jefferies reported a $0.07 EPS beat.

Jefferies' FY18 EPS estimates are up from $2.36 to... More

Pre-Open Stock Movers 10/04: (CTMX) (CATB) (MYL) Higher; (CLSN) (MNTA) (TEVA) (ODP) Lower (more...)

October 4, 2017 9:30 AM EDT

Today's Pre-Open Movers

CytomX Therapeutics, Inc., (Nasdaq: CTMX) 36.8% HIGHER; Amgen (Nasdaq: AMGN) and CytomX Therapeutics, Inc., (Nasdaq: CTMX) today announced that the companies have entered into a strategic collaboration in immuno-oncology. The companies will co-develop a CytomX Probody T-cell engaging bispecific against the Epidermal Growth Factor Receptor (EGFR), a highly validated oncology target expressed on multiple human cancer types. Probody T-cell engaging bispecifics are antibody constructs capable of directing cytotoxic T-cells in tumor microenvironments. In preclinical studies, CytomX's Probody... More

Lamb Weston (LW) Tops Q1 EPS by 8c, Reaffirms Outlook

October 4, 2017 8:33 AM EDT

Lamb Weston (NYSE: LW) reported Q1 EPS of $0.57, $0.08 better than the analyst estimate of $0.49. Revenue for the quarter came in at $817.5 million versus the consensus estimate of $795.61 million.

Lamb Weston reaffirmed FY outlook.

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Lamb Weston (LW) October 50 calls and October 45 puts active into Q1

October 3, 2017 1:45 PM EDT

Lamb Weston (NYSE: LW) October call option implied volatility is at 30, November is at 25; compared to its 52-week range of 19 to 101 into the expected release of Q1 results on October 4.

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