Buckingham Research Starts Michael Kors (KORS) at Buy

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After-Hours Movers 10/17: (MLNX) (GIVN) (NVAX) (KORS) Higher; (ALGN) (ALB) (AXP) Lower (more...)

October 17, 2012 5:29 PM EDT

Mellanox Technologies, Ltd. (NASDAQ: MLNX) 26% LOWER; reported Q3 EPS of $1.37, $0.24 better than the analyst estimate of $1.13. Revenue for the quarter came in at $156.5 million versus the consensus estimate of $153.07 million. Mellanox sees Q4 revenues of $145-$150 million, versus the consensus of $157 million

Align Technology, Inc. (NASDAQ: ALGN) 16% LOWER; misses Q3 views, guides Q4 below the Street

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Michael Kors (KORS) Pops on New "Buy" Rating

October 17, 2012 5:27 PM EDT

Michael Kors Holdings Ltd. (NASDAQ: KORS) is seeing upside after-hours on word Buckingham Research initiated coverage on the stock with a Buy rating and $68 price target.

Shares last traded at $56.89, up 1.46 percent.... More