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UPDATE: Barclays Capital Downgrades Montage Technology Following Q4 Revenue Report
Friday, February 21, 2014 - 10:29am | 171In a report published Friday, Barclays Capital analyst Blayne Curtis downgraded the rating on Montage Technology (NASDAQ: MONT) from Overweight to Equal-Weight, and lowered the price target from $20.00 to $16.00. In the report, Barclays Capital noted, “Montage reported Q4 revenue in line and EPS...
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Twittagra: Twitter's Low IPO Price Propels Shares Right Off The Bat
Monday, November 11, 2013 - 4:28pm | 435By Bryan Wiener The most anticipated IPO since Facebook, Twitter (NYSE: TWTR) finally allowed the public to purchase its common stock on the NYSE on Thursday, November 7. Initially offered to its lead underwriters at Goldman Sachs for $26 per share, the social media stock opened at $45.10 per...
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Barclays Capital Reiterates on Cirrus Logic After Amplifier Loss in iPad Air is Confirmed
Monday, November 11, 2013 - 12:19pm | 127In a report published Monday, Barclays Capital analyst Blayne Curtis reiterated an Underweight rating and $16.00 price target on Cirrus Logic (NASDAQ: CRUS). In the report, Barclays Capital noted, “When we published our thoughts on the initial iPad Air teardowns last week, we noted that CRUS'...
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UPDATE: Barclays Capital Downgrades United Continental Holdings on Ongoing Competitive Challenges
Friday, November 8, 2013 - 11:17am | 164In a report published Friday, Barclays Capital analyst David E. Fintzen downgraded the rating on United Continental Holdings (NYSE: UAL) from Equal-Weight to Underweight, but raised the price target from $30.00 to $38.00. In the report, Barclays Capital noted, “With so much change in the industry...
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UPDATE: Barclays Capital Downgrades Nice Systems on Increased Caution Post-Results
Thursday, October 31, 2013 - 9:26am | 144In a report published Thursday, Barclays Capital analyst David Kaplan downgraded the rating on Nice Systems (NASDAQ: NICE) from Equal-Weight to Underweight, and lowered the price target from $40.00 to $35.00. In the report, Barclays Capital noted, “We are more cautious on NICE post-results and are...
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UPDATE: Barclays Capital Reiterates on Actavis PLC Following Share Price Movement
Wednesday, October 30, 2013 - 10:58am | 147In a report published Wednesday, Barclays Capital analyst Douglas D. Tsao reiterated an Overweight rating on Actavis PLC (NYSE: ACT), and raised the price target from $175.00 to $190.00. In the report, Barclays Capital noted, “We believe the share price movement yesterday reflected ACT's 2014 EPS...
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UPDATE: Barclays Capital Downgrades Cirrus Logic as Focus is Now on 1H Trough
Wednesday, October 30, 2013 - 10:44am | 175In a report published Wednesday, Barclays Capital analyst Blayne Curtis downgraded the rating on Cirrus Logic (NASDAQ: CRUS) from Equal-Weight to Underweight, but reiterated the $16.00 price target. In the report, Barclays Capital noted, “CRUS delivered slightly better Sept revenue with EPS well...
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UPDATE: Barclays Initiates Coverage on Activision Blizzard on Multiple Positive Factors
Monday, October 21, 2013 - 10:52am | 163In a report published Monday, Barclays Capital analyst Christopher D. Merwin initiated coverage on Activision Blizzard (NASDAQ: ATVI) with an Overweight rating and $22.00 price target. In the report, Barclays Capital noted, “We are initiating coverage of Activision with an Overweight rating and $...
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Barclays Reiterates Equal-Weight on Tesla Motors Following 3Q13 Results
Wednesday, October 16, 2013 - 12:48pm | 132In a report published Wednesday, Barclays Capital analyst Brian A. Johnson reiterated an Equal-Weight rating and $141.00 price target on Tesla Motors (NASDAQ: TSLA). In the report, Barclays Capital noted, “TSLA's 3Q13 highlights the dilemma we have around TSLA stock. On the one hand, we still...
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UPDATE: Barclays Raises PT on Wynn Resorts on Positive Factors, Attractive Valuation
Wednesday, October 16, 2013 - 11:12am | 96In a report published Wednesday, Barclays Capital analyst Felicia R. Hendrix reiterated an Overweight rating on Wynn Resorts Limited (NASDAQ: WYNN), and raised the price target from $150.00 to $176.00. In the report, Barclays Capital noted, “While competition, capacity constraints and a market...
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UPDATE: Barclays Raises PT on Las Vegas Sands on Good Market Position
Wednesday, October 16, 2013 - 11:11am | 103In a report published Wednesday, Barclays Capital analyst Felicia R. Hendrix reiterated an Overweight rating on Las Vegas Sands Corp. (NYSE: LVS), and raised the price target from $65.00 to $75.00. In the report, Barclays Capital noted, “LVS is well positioned in two of the largest gaming markets...
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UPDATE: Barclays Raises PT on MGM Resorts on Expected Benefits From Approaching Catalysts
Wednesday, October 16, 2013 - 11:11am | 79In a report published Wednesday, Barclays Capital analyst Felicia R. Hendrix reiterated an Overweight rating on MGM Resorts International (NYSE: MGM), and raised the price target from $20.00 to $24.00. In the report, Barclays Capital noted, “MGM has the most exposure to the convention and leisure...
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UPDATE: Barclays Downgrades Ariad Pharmaceuticals Following News of Iclusig Clinical Hold
Thursday, October 10, 2013 - 11:35am | 110In a report published Thursday, Barclays analyst Ying Huang downgraded the rating on Ariad Pharmaceuticals (NASDAQ: ARIA) from Overweight to Underweight, and lowered the price target from $25.00 to $4.00. In the report, Barclays noted, “We are downgrading ARIA to UW from OW and reducing our price...
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UPDATE: Barclays Downgrades Informatica Heading into Q3 Earnings Season
Monday, October 7, 2013 - 11:31am | 160In a report published Monday, Barclays Capital analyst Raimo Lenschow downgraded the rating on Informatica Corporation (NASDAQ: INFA) from Overweight to Equal-Weight, and lowered the price target from $45.00 to $44.00. In the report, Barclays Capital noted, “At current levels (~$40), we believe...
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UPDATE: Barclays Upgrades Citrix Systems Heading into Q3 Earnings Season
Monday, October 7, 2013 - 11:30am | 136In a report published Monday, Barclays Capital analyst Raimo Lenschow upgraded the rating on Citrix Systems (NASDAQ; CTXS) from Equal-Weight to Overweight, and raised the price target from $77.00 to $78.00. In the report, Barclays Capital noted, “With desktop growth/sentiment improving from a...