Dril-Quip, Inc. (NYSE:DRQ), which makes engineered offshore drilling and production equipment, said net income rose to $47.1 million, or $1.15 per diluted share, from $31.0 million, or $0.76 per diluted share, beating analysts’ estimates by one cent, according to Capital IQ. The company said the Q4 results for 2013 results were hit by an after-tax…
Animated film company DreamWorks Animation SKG (NASDAQ:DWA) is down 13% to $30.57 per share on heavy volume of 4 million shares following a rating cut at Piper Jaffray to Underperform from Neutral. The analyst firm maintained a price target of $19 per share on DWA. The downgrade follows disappointing 4Q revenue reported after Tuesday’s close…
LinkedIn (NYSE:LNKD) is higher this morning after RBC upgraded the shares to Outperform from Sector Perform and set a price target of $250 per share, up from $225 per share. JPMorgan analysts have downgraded their coverage of industrial manufacturer Dynamic Materials Corporation (NASDAQ:BOOM) to a Neutral rating from Overweight. The firm also lowered its price…
Analysts at RBC Capital have downgraded independent energy company Halcon Resources Corp. (NYSE:HK) to a Sector Perform rating from Outperform. The firm slashed its price target on the stock by one-third to $4 from $6 a share. In the pre-market session, shares of HK have slid 2.68% to $4 amid a 52-week range of $3.16…
Pan American Silver (NASDAQ:PAAS) shares were down more than 3% Tuesday after the stock was downgraded to Sell from Neutral at Goldman Sachs, which lowered its price target to $10 from $15.22. PAAS was trading in a 52-week range of $14.66 to $15.04. Novo Nordisk (NYSE:NVO) shares were up about 5% after Bank of America…
Sprectranetics (NASDAQ:SPNC) rose 10% and touched a 52-week high after the company said late Monday its trial using laser atherectomy to treat patients suffering from peripheral artery disease (PAD) had achieved statistical endpoints. Separately, Stifel Nicolas repeated its Buy recommendation on the stock and raised its price target to $30 from $24. Spectranetics, a maker…
