Category: Analyst Actions

Analyst Actions

Pre-Market Analyst Updates: Halcon, Exterran, Ralph Lauren, Ariad Pharmaceuticals

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 – $8.12. Natural gas company Exterran Partners, L.P. (NASDAQ:EXLP) has … Continue reading Pre-Market Analyst Updates: Halcon, Exterran, Ralph Lauren, Ariad Pharmaceuticals

Chris Lewis
Analysis, Analyst Actions

Analysts Actions – PAAS, NVO, ROSE, BLOX

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 raised its rating on the healthcare company’s stock to Buy … Continue reading Analysts Actions – PAAS, NVO, ROSE, BLOX

Chris Lewis
Analysis, Analyst Actions

Notable Analyst Updates – Spectranetics, HSBC, Verizon, New Home Company, Real Page

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 of cardiovascular devices, said Monday it expects to submit a … Continue reading Notable Analyst Updates – Spectranetics, HSBC, Verizon, New Home Company, Real Page

Mark Doerr
Analyst Actions

Notable Analyst Actions: Cara Therapeutics, Intrawest Resorts, TIVO, TriQuint Semiconductor, Meredith; Basic Energy Services

Analysts at JMP Securities have initiated coverage of mountain resort operator Intrawest Resorts Holdings Inc. (NYSE:SNOW) with a Market Perform rating. The price target has been set at $17 a share. In pre-market activity, SNOW shares are unchanged at $8.07, and move within a 52-week range of $10.80 – $14.67. Shares of Cara Therapeutics (NASDAQ:CARA) climbed in Tuesday’s pre-market session, as Janney Capital Markets started … Continue reading Notable Analyst Actions: Cara Therapeutics, Intrawest Resorts, TIVO, TriQuint Semiconductor, Meredith; Basic Energy Services

Richard Atkins
Analyst Actions, news

Afternoon Movers – Paragon Shipping (NASDQ:PRGN), U.S. Steel (NYSE:X), Monster Worldwide (NYSE:MWW), Hibbett Sports (NASDAQ:HIBB), Visteon (NYSE:VC)

Paragon Shipping (NASDAQ:PRGN) firms after Jefferies & Co. initiates coverage with a buy rating a $12 price target. Jefferies said the outlook for dry bulk shipping is attractive, and Paragon has an attractive valuation. In afternoon trading, PRGN was up 3.05% to $6.67, at a 36% discount to Jefferies’ estimated net asset value (NAV). Shares in US Steel (NYSE:X) fell on Monday by 2.3% after … Continue reading Afternoon Movers – Paragon Shipping (NASDQ:PRGN), U.S. Steel (NYSE:X), Monster Worldwide (NYSE:MWW), Hibbett Sports (NASDAQ:HIBB), Visteon (NYSE:VC)

Adam Keintzel
Analyst Actions

JP Morgan Initiates Coverage of Canadian Solar with $55 Price Target

Canadian Solar (NASDAQ:CSIQ) is up 5.7% on heavy volume to $39.94 after JP Morgan initiated coverage at overweight, with a price target of $55 per share. Separately, the solar energy company said it won a module supply agreement to provide 18MW of photovoltaic modules to Hitachi, Ltd. in Japan. The project is expected to be in operation in March 2015. Canadian Solar will supply approximately … Continue reading JP Morgan Initiates Coverage of Canadian Solar with $55 Price Target

Chris Lewis