CRT Capital

Virgin America Inc (NASDAQ: VA) reported fourth-quarter earnings on Wednesday that beat analyst estimates. Revenue for the quarter came in at $372.2 million versus the consensus estimate of $370.57 million. EPS was $1.16, $0.37 better than the estimate of $0.79. Analysts mainly cite the fall in...

CRT Capital on Monday raised their price target of JetBlue Airways Corporation (NASDAQ: JBLU) from $18 to $22 based on higher 2015 earnings estimates. Michael Derchin wrote, “We believe that '15 will be a watershed year for JBLU . The airline has been investing in the business for...

The Street has an overwhelmingly bullish view of Facebook Inc (NASDAQ: FB), particularly relative to current price. Wednesday's strong earnings report did little to change that view, except for the analysts at CRT Capital. Here’s a round up of what analysts have to say following...

CRT Capital cut its Amazon.com, Inc. (NASDAQ: AMZN) FY15 EPS and revenue to account for headwinds from a stronger U.S. dollar. The analyst estimates, which are already below much of the Street, now peg full-year revenue $101.9 billion with EPS of $4.53. CRT maintains its $325 price target. For...

In a report published Friday, Barclays issued ratings changes on big European pharma stocks. The firm upgraded: Merck & Co., Inc. (NYSE: MRK), from Underweight to Equal-weight The firm downgraded AstraZeneca PLC (ADR) (NYSE: AZN) from Equal-weight to Underweight Bayer AG (ADR...

CRT Capital raised its price target on Valeant Pharmaceuticals Intl Inc (NYSE: VRX) from $170 to $180 and maintained a Buy rating. Analyst Tim Chiang noted that the company is “well positioned for growth in the specialty pharma industry, focused in the areas of dermatology and eye care in...

Kevin Starke of CRT Capital attended GT Advanced Technologies Inc (OTC: GTATQ) Thursday's creditor meeting in Manchester, New Hampshire. The analyst states that the company's chief financial officer and treasurer stated that the company intends to file with the court within 60 days updated...

Google Inc (NASDAQ: GOOGL) stands to benefit from a shift in online advertising to mobile from desktop, an analyst said Friday. Marketers are trying to catch up with a rapid shift that this year will see 24 percent of media consumption accounted for by mobile devices, vs. 18 percent for desktop...

JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results Tuesday for November 2014. The company reported that traffic (revenue passenger miles) in November increased 10.1 percent from November 2013, on a capacity increase (available seat miles) of 6.0 percent. How...

Google Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) is getting a black eye in the fight for online holiday shoppers, an analyst said Wednesday. CRT Capital's Neil Doshi pointed out that during the so-called Cyber Five shopping days stretching from Thanksgiving through Monday, Google Shopping's...

In a report published Thursday, CRT Capital analyst Lee J. Giordano reiterated a Fair Value rating on Williams-Sonoma, Inc. (NYSE: WSM), and raised the price target from $72.00 to $75.00. In the report, CRT Capital noted, “We are maintaining our Fair Value rating and increasing our one-year price...

CRT Capital downgraded Verint Systems Inc. (NASDAQ: VRNT) Thursday from Buy to Fair Value and maintained a $60 price target. Analysts Brian Ruttenbur and Corey Allen indicated that “shares are fully valued, in our view, trading at 17.6x FY 2015 pro forma EPS.” Ruttenbur noted that...

CRT Capital commented Thursday on the Twitter Inc (NYSE: TWTR) analyst day. The firm reiterated its Buy rating and $54 price target. Analysts Neil Doshi and Robert Coolbrith noted that “TWTR’s goal is to have the largest daily audience in the world and be one of the top revenue...