After-Hours Stock Movers 01/28: (CNAT) (MTSI) (ARAY) Higher; (XLNX) (BHVN) (CHRW) Lower (more...)

Establishment Labs Holdings (ESTA) Prices 2.286M Share Common Offering at $26.25/Sh

January 30, 2020 5:57 AM EST

Establishment Labs Holdings Inc. (NASDAQ: ESTA) today announced the pricing of its public offering of 2,285,714 common shares at $26.25 per share. The gross proceeds to Establishment Labs, before deducting the underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $60.0 million. The offering is scheduled to... More

Cirrus Logic, Inc. (CRUS) Tops Q3 EPS by 28c, Revenues Beat; Offers Q4 Revenue Guidance Above Consensus

January 29, 2020 4:01 PM EST

Cirrus Logic, Inc. (NASDAQ: CRUS) reported Q3 EPS of $1.41, $0.28 better than the analyst estimate of $1.13. Revenue for the quarter came in at $374.7 million versus the consensus estimate of $346.49 million.

Cirrus Logics revenue for the December quarter exceeded guidance as we experienced higher-than-anticipated volumes for certain components shipping into smartphones, said Jason Rhode,... More

Cerus (CERS) Prices $55M Upsized Common Share Offering

January 29, 2020 9:03 AM EST

Cerus Corporation (Nasdaq: CERS) announced today the pricing of a registered underwritten public offering of its common stock for proceeds of approximately $55.0 million, before deducting estimated offering expenses payable by Cerus. The offering is expected to close January 31, 2020, subject to customary closing... More

Maxim Integrated Products (MXIM) PT Raised to $65 at Cowen

January 29, 2020 7:31 AM EST

Cowen analyst Matthew Ramsay raised the price target on Maxim Integrated Products (NASDAQ: MXIM) to $65.00 (from $62.00) while maintaining a Market Perform rating.

The analyst commented, "Solid beat/raise further signifies the painful inventory correction appears complete allowing company specific growth drivers to... More

Maxim Integrated Products (MXIM) PT Raised to $75 at Susquehanna

January 29, 2020 7:27 AM EST

Susquehanna analyst Christopher Rolland raised the price target on Maxim Integrated Products (NASDAQ: MXIM) to $75.00 (from $72.00) while maintaining a Positive rating.

The analyst commented, "Comms/DC revenue was up +25% QOQ given strong demand for 25G/100G optical products, driving a beat and raise.... More

UPDATE: Summit Insights Upgrades AMD (AMD) to Buy

January 29, 2020 7:26 AM EST

(Updated - January 29, 2020 7:27 AM EST)

(correcting firm name and updating comment)

Summit Insights analyst Kinngai Chan upgraded AMD (NASDAQ: AMD) from Neutral to Buy.

Believes company is positioned ot take more market share, this time from Intel.Believes GM... More

Apple (AAPL) PT Raised to $350 at BofA Securities

January 29, 2020 7:05 AM EST

BofA Securities analyst Wamsi Mohan raised the price target on Apple (NASDAQ: AAPL) to $350.00 (from $340.00) while maintaining a Buy rating.

... More

Mizuho Securities Reiterates Buy Rating on AMD (AMD) Following Earnings Report

January 29, 2020 6:58 AM EST

Mizuho Securities analyst Vijay Rakesh reiterated a Buy rating and $55.00 price target on AMD (NASDAQ: AMD) following the company's earnings report. AMD reported an in-line DecQ and guided to a MarQ with $1.8B top line (cons $1.9B) and a ~46% GM (cons 44.1%).... More

Apple (AAPL) PT Raised to $385 at DA Davidson

January 29, 2020 6:44 AM EST

DA Davidson analyst Tom Forte raised the price target on Apple (NASDAQ: AAPL) to $385.00 (from $375.00) while maintaining a Buy rating.

... More

Apple (AAPL) PT Raised to $350 at JPMorgan

January 29, 2020 4:22 AM EST

JPMorgan analyst Samik Chatterjee raised the price target on Apple (NASDAQ: AAPL) to $350.00 (from $300.00) while maintaining a Overweight rating.

... More

Apple (AAPL) PT Raised to $360 at Raymond James

January 29, 2020 4:04 AM EST

Raymond James analyst Chris Caso raised the price target on Apple (NASDAQ: AAPL) to $360.00 (from $280.00) while maintaining a Outperform rating.

The analyst comments "December quarter results were driven mainly by upside to iPhone, augmented by healthy growth in wearables, which have... More