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
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
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
Pre-Market Movers: Copart Inc, Baker Hughes, Athlon Energy, LightInTheBox
Copart, Inc. (NASDAQ:CPRT), provider of online auctions and vehicle remarketing services, reported late on Tuesday Q2 2014 net income of $45.3 million, or $0.35 per diluted share. If comparable, it would have been 2 cents shy of the Capital IQ consensus. Year-ago net income was $39.6 million, or $0.31 per diluted share. Revenue increased 7.6% year over year to $286.4 million. On average, analysts surveyed … Continue reading Pre-Market Movers: Copart Inc, Baker Hughes, Athlon Energy, LightInTheBox
Pre-Market Earnings First Look: Lowes and AES
Lowe’s (NYSE:LOW) reported Q4 earnings of $0.29, including $0.02 per share in charges, up from $0.26 per share in the year ago quarter. Sales were up 5.6% to $11.66 billion. The analyst consensus on Capital IQ called for earnings of $0.31 per share, excluding items, on sales of $11.67 billion. The company also approved a $5 billion stock buyback plan. For FY 2014, the company … Continue reading Pre-Market Earnings First Look: Lowes and AES
Workday Inc (NYSE:WDAY) Earnings Reaction History
Workday, Inc. (NYSE:WDAY) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect very active trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in WDAY indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price … Continue reading Workday Inc (NYSE:WDAY) Earnings Reaction History
