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A Peek Into The Markets: U.S. Stock Futures Signal Lower Start On Wall Street
Tuesday, August 29, 2017 - 7:11am | 399Pre-open movers U.S. stock futures traded lower in early pre-market trade. The S&P Corelogic Case-Shiller home price index for June will be released at 9:00 a.m. ET, while the Conference Board’s consumer confidence index for August is schedule for release at 10:00 a.m. ET. Futures for the...
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Will Under Armour Meet Its New Lowered Bar? This Analyst Is Unsure
Tuesday, August 1, 2017 - 12:22pm | 396Under Armour Inc (NYSE: UAA) managed to surpass what analysts were expecting in its earnings report, but beyond the headline numbers, there are many reasons to be concerned. First, Under Armour's beat was of "low quality" while the reported gross margin was worse than expected...
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A Peek Into The Markets: U.S. Stock Futures Signal Higher Start On Wall Street
Monday, February 13, 2017 - 9:12am | 363Pre-open movers U.S. stock futures traded higher in early pre-market trade. Futures for the Dow Jones Industrial Average climbed 50 points to 20,273.00, while the Standard & Poor’s 500 index futures rose 4.75 points to 2,317.50. Futures for the Nasdaq 100 index gained 8 points to 5,234.75...
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What's With Wall Street's Lofty Price Targets On Intercept?
Friday, February 10, 2017 - 3:57pm | 221Intercept Pharmaceuticals Inc (NASDAQ: ICPT) maintains an average price target of $203 — a 68.9-percent upside from the present price around $120. Two firms offer targets of $300 or higher, and six foresee rates of at least $200. Roundup Barclays: $205 Citigroup: $275 Cowen & Co.: $225...
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A Peek Into The Markets: U.S. Stock Futures Surge Ahead Of Earnings
Wednesday, January 25, 2017 - 8:27am | 460Pre-open movers U.S. stock futures traded higher in early pre-market trade, ahead of earnings from Boeing Co (NYSE: BA), Western Digital Corp (NASDAQ: WDC), eBay Inc (NASDAQ: EBAY), AT&T Inc. (NYSE: T) and QUALCOMM, Inc. (NASDAQ: QCOM). The FHFA house price index for November will be...
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Insurance Stocks May Have Risen Too Far Too Fast
Monday, November 28, 2016 - 4:33pm | 491Randy Binner of FBR Capital Markets has downgraded Metlife Inc (NYSE: MET), Hartford Financial Services Group Inc (NYSE: HIG) and Maiden Holdings, Ltd. (NASDAQ: MHLD) to Market Perform, saying the risk/reward for these stocks have become less attractive after the election rally. Following Donald...
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A Peek Into The Markets: U.S. Stock Futures Mixed Ahead Of Earnings
Wednesday, October 19, 2016 - 7:42am | 546Pre-open movers U.S. stock futures traded mixed in early pre-market trade, ahead of earnings from several companies. Data on housing starts for September will be released at 8:30 a.m. ET, while the Federal Reserve will release its latest Beige Book report at 2:00 p.m. ET. San Francisco...
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FBR Is Positive On Shenandoah Telecom, But Downgrades Shares On Valuation Concerns
Monday, August 8, 2016 - 12:08pm | 271FBR Capital downgraded Shenandoah Telecommunications Company (NASDAQ: SHEN) to Market Perform from Outperform, but lifted its price target to $35 from $31, based on their revised sum-of-the-parts valuation. The company reported 2Q16 revenues of $130.3 million (52.1 percent increase year-over-year...
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GoPro Shares Catapult, Company Unveils Apple Watch Feature
Thursday, December 10, 2015 - 11:35am | 331GoPro Inc (NASDAQ: GPRO) just launched its Apple Inc. (NASDAQ: AAPL) Watch features on Thursday in the GoPro app for iOS. These Apple Watch features enable quick access to GoPro's camera controls right from the user's wrist. GoPro's shares were up more than 3 percent to above $17 as the news was...
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FBR Capital Downgrades VMware To Market Perform
Monday, July 6, 2015 - 9:42am | 49FBR Capital downgraded VMware, Inc. (NYSE: VMW) from Outperform to Market Perform. VMware shares have dropped 12.25 percent over the past 52 weeks, while the S&P 500 index has surged 5.01 percent in the same period. VMware shares closed at $85.17 on Thursday.
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FBR Capital Downgrades Abercrombie & Fitch To Market Perform
Tuesday, June 30, 2015 - 8:39am | 63FBR Capital downgraded Abercrombie & Fitch Co. (NYSE: ANF) from Outperform to Market Perform. The price target for Abercrombie & Fitch is set to $24. Abercrombie & Fitch shares have dropped 48.96 percent over the past 52 weeks, while the S&P 500 index has surged 4.27 percent in the...
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FBR Capital Downgrades World Acceptance To Market Perform
Thursday, June 25, 2015 - 8:47am | 54FBR Capital downgraded World Acceptance Corp. (NASDAQ: WRLD) from Outperform to Market Perform. World Acceptance shares have gained 8.13 percent over the past 52 weeks, while the S&P 500 index has surged 7.73 percent in the same period. World Acceptance shares fell 3.73 percent to $79.73 in pre...
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FBR Capital Downgrades Standard Pacific To Market Perform
Wednesday, June 17, 2015 - 9:10am | 60FBR Capital downgraded Standard Pacific Corp. (NYSE: SPF) from Outperform to Market Perform. The price target for Standard Pacific is set to $9.50. Standard Pacific shares have gained 5.40 percent over the past 52 weeks, while the S&P 500 index has surged 7.12 percent in the same period....
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FBR Capital Downgrades EMC To Market Perform
Monday, June 15, 2015 - 8:07am | 61Analysts at FBR Capital downgraded EMC Corporation (NYSE: EMC) from Outperform to Market Perform. The price target for EMC has been lowered from $31.00 to $28.00. EMC shares have gained 1.46 percent over the past 52 weeks, while the S&P 500 index has surged 8.07 percent in the same period. EMC...
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FBR Capital Upgrades Gulfport Energy To Outperform
Friday, June 5, 2015 - 9:59am | 62FBR Capital upgraded Gulfport Energy Corporation (NASDAQ: GPOR) from Market Perform to Outperform. The price target for Gulfport Energy has been raised from $50.00 to $55.00. Gulfport Energy shares have dropped 31.40 percent over the past 52 weeks, while the S&P 500 index has surged 7.51...