Category: Tech IPO

Analyst Actions, Tech IPO

Analyst Pre-Market Upgrades and Downgrades: EPE, BOOM, LNKD, HELI, SQI

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 target on the stock to $21 from $25 a share. … Continue reading Analyst Pre-Market Upgrades and Downgrades: EPE, BOOM, LNKD, HELI, SQI

Ryan Holtz
FB Nasdaq FB Facebook
Analysis, news, Tech IPO

Panasonic Talks Boost Tesla (NASDAQ:TSLA) Pre-Market

Tesla (NASDAQ:TSLA) is posting gains in early pre-market trade Wednesday, gaining momentum in the wake of reports the company is in talks with Panasonic about investing nearly $1 billion in a battery factory in the U.S. Panasonic said it was considering various options to strengthen its ties with Tesla, according to multiple media reports citing the Japanese newspaper Nikkei. In Other Pre-Market News Offshore drilling … Continue reading Panasonic Talks Boost Tesla (NASDAQ:TSLA) Pre-Market

Mark Doerr
Consumer Goods, Earnings, Tech IPO

Zulily (NASDAQ:ZU) Posts Stunningly Good Fourth Quarter

Zulily (NASDAQ:ZU) needed to deliver upside to consensus projections in the fourth quarter, and the magnitude of the top- and bottom-line beat was more than adequate.. The doubling of the active customer base year-to-year is encouraging, and the leverage on marketing spending highlights that there is still significant untapped demand. Flow-through to profitability on higher revenues was exceptional; adjusted EBITDA were double consensus estimates. The … Continue reading Zulily (NASDAQ:ZU) Posts Stunningly Good Fourth Quarter

Richard Atkins
Diversified Tech, Tech IPO

Blount Conference Call Clarifies a Few Issues; 2014 Now Looks Like a Transition Year

On Monday, February 10, Blount issued a broad press release lowering its 2013 guidance and offering 2014 guidance that was below the Street expectations. Management held a conference call Tuesday afternoon to explain the results and outlook. Other corporate information was offered as well, including new 2018 targets and an update on the company’s long-term supply agreement with Husqvarna (extended from 2015 to 2017). Blount … Continue reading Blount Conference Call Clarifies a Few Issues; 2014 Now Looks Like a Transition Year

Mark Doerr
Diversified Tech, news, Tech IPO

InterActiveCorp Set to Report Q4 Earnings

InterActiveCorp is set to report 4Q13 results tomorrow before the market opens. Shares have risen steadily following soft 3Q Search results as a company-wide reorganization in December sparked expectations of a pending Match.com spin-off. We do not currently anticipate a spin announcement tomorrow, the absence of which could drive shares lower despite extremely low fundamental expectations, particularly regarding Search. However, even using conservative assumptions with … Continue reading InterActiveCorp Set to Report Q4 Earnings

John Meady
Software, Tech IPO

TechTarget Has Muted Outlook but Strong Forecasts for 2014

TechTarget (TTGT) reported essentially in-line 3Q13 results as revenue growth in product offerings and international were able partially offset ongoing weakness in the North American IT Market. Total revenue fell 10% year over year, and while 4Q revenue guidance of a 7% year over year decline at the mid-point calls for minimal improvement, management cited a return to double-digit growth in Online revenue for 2014 … Continue reading TechTarget Has Muted Outlook but Strong Forecasts for 2014

Colin Pettis