Stocks: Urban Outfitters, Inc. (URBN) Shares Gap Down Following Weak Earnings

Stocks: Urban Outfitters, Inc. (URBN) Shares Gap Down  Following Weak Earnings

Shares of Urban Outfitters, Inc. (NASDAQ:URBN) gapped down prior to trading on Wednesday after the company announced weaker than expected quarterly earnings. The stock had previously closed at $21.02, but opened at $20.46. Urban Outfitters shares last traded at $19.60, with a volume of 9,978,718 shares trading hands. The apparel retailer reported $0.13 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by $0.03. The company had revenue of $761.20 million during the quarter, compared to analysts’ expectations of $768.95 million. Urban Outfitters had a…

Stocks: American Eagle Outfitters (AEO) Trading Down 14.7% After Earnings Miss

Stocks: American Eagle Outfitters (AEO) Trading Down 14.7% After Earnings Miss

American Eagle Outfitters (NYSE:AEO) fell 14.7% on Wednesday after the company announced weaker than expected quarterly earnings. The stock traded as low as $10.91 and last traded at $11.05, with a volume of 28,419,922 shares traded. The stock had previously closed at $12.96. The apparel retailer reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.01. American Eagle Outfitters had a net margin of 6.62% and a return on equity of 21.77%. The firm had revenue of $761.80 million for the quarter, compared…

Stocks: Investors Buy Shares of HCA Holdings Inc (HCA) on Weakness Following Insider Selling

Stocks: Investors Buy Shares of HCA Holdings Inc (HCA) on Weakness Following Insider Selling

Investors purchased shares of HCA Holdings Inc (NYSE:HCA) on weakness during trading on Wednesday following insider selling activity. $81.69 million flowed into the stock on the tick-up and $28.93 million flowed out of the stock on the tick-down, for a money net flow of $52.76 million into the stock. Of all equities tracked, HCA Holdings had the 15th highest net in-flow for the day. HCA Holdings traded down ($1.92) for the day and closed at $81.57Specifically, major shareholder Thomas F. Frist, Jr. purchased 361,205 shares of the company’s stock in…

Stocks: Under Armour Inc (UAA) Lifted to Strong-Buy at Vetr Inc.

Stocks: Under Armour Inc (UAA) Lifted to Strong-Buy at Vetr Inc.

Vetr upgraded shares of Under Armour Inc (NYSE:UAA) from a buy rating to a strong-buy rating in a research note published on Monday. They currently have $22.90 price objective on the stock. Other research analysts also recently issued research reports about the stock. Canaccord Genuity set a $44.00 target price on shares of Under Armour and gave the company a buy rating in a research report on Sunday, January 15th. TheStreet downgraded shares of Under Armour from a b- rating to a c+ rating in a research report on Wednesday,…

Stocks: AbbVie Inc (ABBV) Rating Lowered to Buy at Vetr Inc.

Stocks: AbbVie Inc (ABBV) Rating Lowered to Buy at Vetr Inc.

Vetr lowered shares of AbbVie Inc (NYSE:ABBV) from a strong-buy rating to a buy rating in a report released on Monday morning. Vetr currently has $71.84 target price on the stock. A number of other analysts have also recently commented on ABBV. BMO Capital Markets upped their target price on shares of AbbVie from $63.00 to $66.00 and gave the company a market perform rating in a report on Tuesday, May 2nd. Deutsche Bank AG upped their target price on shares of AbbVie from $64.00 to $65.00 and gave the…

Stocks: AdvancePierre Foods Holdings Inc (APFH) Upgraded by Zacks Investment Research to “Hold”

Stocks: AdvancePierre Foods Holdings Inc (APFH) Upgraded by Zacks Investment Research to “Hold”

Zacks Investment Research upgraded shares of AdvancePierre Foods Holdings Inc (NASDAQ:APFH) from a sell rating to a hold rating in a research report sent to investors on Monday. According to Zacks, “AdvancePierre Foods Holdings, Inc. is a producer and distributor of sandwiches, sandwich components, other entrees and snacks. The company serves foodservice, retail and convenience store. Its product consists of breakfast sandwiches, peanut butter and jelly sandwiches, hamburgers, fully cooked hamburger, chicken patties, Philly steaks, country-fried steak, stuffed entrées, chicken tenders and cinnamon dough bites. AdvancePierre Foods Holdings, Inc. is…

Stocks: Nordstrom, Inc. (JWN) Cut to “Hold” at Vetr Inc.

Stocks: Nordstrom, Inc. (JWN) Cut to “Hold” at Vetr Inc.

Vetr downgraded shares of Nordstrom, Inc. (NYSE:JWN) from a strong-buy rating to a hold rating in a report issued on Monday. Vetr currently has $42.98 price objective on the specialty retailer’s stock. Other analysts have also recently issued research reports about the stock. Gordon Haskett initiated coverage on shares of Nordstrom in a research note on Tuesday, May 9th. They issued an accumulate rating and a $54.00 price objective on the stock. TheStreet raised shares of Nordstrom from a c rating to a b- rating in a research note on…

Stocks: Deutsche Bank AG Increases AstraZeneca plc (AZN) Price Target to GBX 5,700

Stocks: Deutsche Bank AG Increases AstraZeneca plc (AZN) Price Target to GBX 5,700

AstraZeneca plc (LON:AZN) had its price objective upped by Deutsche Bank AG from GBX 5,350 ($69.06) to GBX 5,700 ($73.58) in a research note published on Monday. They currently have a buy rating on the biopharmaceutical company’s stock. A number of other analysts have also recently commented on the stock. Liberum Capital reaffirmed a buy rating and set a GBX 5,100 ($65.83) target price on shares of AstraZeneca plc in a report on Friday, May 12th. Jefferies Group LLC reduced their target price on shares of AstraZeneca plc from GBX…

Stocks: BT Group plc (BT) Earns Buy Rating from Citigroup Inc

Stocks: BT Group plc (BT) Earns Buy Rating from Citigroup Inc

Citigroup Inc reaffirmed their buy rating on shares of BT Group plc (NYSE:BT) in a research report released on Monday morning. Other equities analysts have also issued reports about the stock. HSBC Holdings plc reaffirmed a buy rating and set a GBX 425 ($5.49) target price on shares of BT Group plc in a report on Tuesday, February 7th. Beaufort Securities cut their target price on shares of BT Group plc from GBX 440 ($5.68) to GBX 360 ($4.65) and set a buy rating for the company in a report…

Stocks: Victrex plc (VCT) Given “Buy” Rating at Liberum Capital

Stocks: Victrex plc (VCT) Given “Buy” Rating at Liberum Capital

Liberum Capital restated their buy rating on shares of Victrex plc (LON:VCT) in a report issued on Monday. Liberum Capital currently has a GBX 2,240 ($28.91) price target on the stock. A number of other research firms have also recently commented on VCT. N+1 Singer cut shares of Victrex plc to a hold rating and set a GBX 2,000 ($25.82) target price on the stock. in a research report on Wednesday, February 8th. Barclays PLC reaffirmed an equal weight rating and issued a GBX 1,940 ($25.04) target price (up previously…

Stocks: Hydrogenics Co. (HYG) Given “Buy” Rating at HC Wainwright

Stocks: Hydrogenics Co. (HYG) Given “Buy” Rating at HC Wainwright

HC Wainwright restated their buy rating on shares of Hydrogenics Co. (TSE:HYG) (NASDAQ:HYGS) in a research report sent to investors on Monday. Separately, Craig Hallum reissued a buy rating on shares of Hydrogenics in a report on Monday. Hydrogenics (TSE:HYG) opened at 9.99 on Monday. The company’s market cap is $125.31 million. The firm has a 50-day moving average price of $9.51 and a 200 day moving average price of $7.75. Hydrogenics has a 52 week low of $5.38 and a 52 week high of $10.77. Hydrogenics Company Profile Hydrogenics…

Stocks: Entree Gold Inc (ETG) PT Lowered to C$0.60

Stocks: Entree Gold Inc (ETG) PT Lowered to C$0.60

Entree Gold Inc (TSE:ETG) (NYSE:EGI) had its price objective lowered by analysts at TD Securities from C$0.80 to C$0.60 in a research note issued to investors on Wednesday. The firm currently has a “hold” rating on the stock. TD Securities’ price objective indicates a potential upside of 9.09% from the company’s previous close. Shares of Entree Gold (TSE:ETG) opened at 0.55 on Wednesday. The firm’s market capitalization is $95.04 million. The firm’s 50-day moving average is $0.62 and its 200 day moving average is $0.57. Entree Gold has a one…

Stocks: High Liner Foods Inc (HLF) Upgraded to Buy by Beacon Securities

Stocks: High Liner Foods Inc (HLF) Upgraded to Buy by Beacon Securities

Beacon Securities upgraded shares of High Liner Foods Inc (TSE:HLF) from a hold rating to a buy rating in a research report released on Monday morning. HLF has been the subject of several other research reports. BMO Capital Markets decreased their price target on High Liner Foods from C$22.00 to C$19.00 in a research note on Thursday, May 11th. Royal Bank of Canada restated a sector perform rating and issued a C$23.00 price target on shares of High Liner Foods in a research note on Tuesday, February 21st. Finally, Scotiabank…

Stocks: Global Water Resources Inc (GWR) Given Buy Rating at Roth Capital

Stocks: Global Water Resources Inc (GWR) Given Buy Rating at Roth Capital

Roth Capital restated their buy rating on shares of Global Water Resources Inc (TSE:GWR) in a research report sent to investors on Monday. Global Water Resources (TSE:GWR) opened at 11.70 on Monday. Global Water Resources has a 52 week low of $9.03 and a 52 week high of $12.69. The company’s market cap is $229.10 million. The firm has a 50-day moving average price of $11.97 and a 200 day moving average price of $11.45. The business also recently declared a monthly dividend, which will be paid on Wednesday, May…

Stocks: Royal Bank of Canada Raises ONEX Co. (ONEX) Price Target to C$110.00

Stocks: Royal Bank of Canada Raises ONEX Co. (ONEX) Price Target to C$110.00

ONEX Co. (TSE:ONEX) had its price objective hoisted by Royal Bank of Canada from C$108.00 to C$110.00 in a research report report published on Tuesday morning. They currently have an outperform rating on the stock. Several other brokerages have also issued reports on ONEX. Canaccord Genuity raised their target price on shares of ONEX from C$108.00 to C$111.00 and gave the company a buy rating in a research note on Monday. Scotiabank raised their target price on shares of ONEX from C$90.00 to C$96.00 and gave the company a sector…

Stocks: Q2 2017 EPS Estimates for Newfield Exploration Co. Lifted by Jefferies Group (NFX)

Stocks: Q2 2017 EPS Estimates for Newfield Exploration Co. Lifted by Jefferies Group (NFX)

Newfield Exploration Co. (NYSE:NFX) – Analysts at Jefferies Group increased their Q2 2017 EPS estimates for Newfield Exploration in a research report issued to clients and investors on Wednesday. Jefferies Group analyst M. Hsu now forecasts that the energy company will post earnings per share of $0.36 for the quarter, up from their prior estimate of $0.31. Jefferies Group has a “Buy” rating and a $46.00 price objective on the stock. Jefferies Group also issued estimates for Newfield Exploration’s Q3 2017 earnings at $0.50 EPS, Q4 2017 earnings at $0.56…

Stocks: Jefferies Group Weighs in on PetroChina Company Limited’s Q2 2017 Earnings (PTR)

Stocks: Jefferies Group Weighs in on PetroChina Company Limited’s Q2 2017 Earnings (PTR)

PetroChina Company Limited (NYSE:PTR) – Equities research analysts at Jefferies Group lowered their Q2 2017 earnings estimates for PetroChina Company Limited in a research report issued to clients and investors on Wednesday. Jefferies Group analyst L. Yu now expects that the oil and gas company will earn $1.84 per share for the quarter, down from their prior forecast of $1.91. Jefferies Group has a “Buy” rating on the stock. Jefferies Group also issued estimates for PetroChina Company Limited’s Q3 2017 earnings at $1.62 EPS, Q4 2017 earnings at $1.29 EPS,…

Stocks: Target Co. (TGT) Shares Gap Up on Strong Earnings

Stocks: Target Co. (TGT) Shares Gap Up  on Strong Earnings

Target Co. (NYSE:TGT) shares gapped up prior to trading on Wednesday after the company announced better than expected quarterly earnings. The stock had previously closed at $52.10, but opened at $54.53. Target shares last traded at $55.04, with a volume of 23,227,769 shares changing hands. The retailer reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.30. Target had a net margin of 4.75% and a return on equity of 25.18%. The business had revenue of $16.02 billion during the quarter, compared to the…

Stocks: Huntington Bancshares Incorporated (HBAN) Sees Large Decrease in Short Interest

Stocks: Huntington Bancshares Incorporated (HBAN) Sees Large Decrease in Short Interest

Huntington Bancshares Incorporated (NASDAQ:HBAN) was the recipient of a significant drop in short interest during the month of April. As of April 28th, there was short interest totalling 19,008,458 shares, a drop of 16.5% from the April 13th total of 22,755,699 shares. Based on an average daily volume of 12,287,744 shares, the short-interest ratio is presently 1.5 days. Currently, 1.8% of the shares of the company are sold short. In other Huntington Bancshares news, CEO Stephen D. Steinour bought 50,000 shares of Huntington Bancshares stock in a transaction that occurred…

Stocks: SunPower Co. (SPWR) Short Interest Up 6.8% in April

Stocks: SunPower Co. (SPWR) Short Interest Up 6.8% in April

SunPower Co. (NASDAQ:SPWR) was the target of a large increase in short interest in April. As of April 28th, there was short interest totalling 21,660,924 shares, an increase of 6.8% from the April 13th total of 20,273,294 shares. Approximately 37.2% of the company’s stock are sold short. Based on an average daily trading volume, of 2,166,417 shares, the short-interest ratio is currently 10.0 days. SPWR has been the subject of several research analyst reports. Vetr cut shares of SunPower from a “strong-buy” rating to a “buy” rating and set a…

Stocks: Netflix, Inc. (NFLX) Rating Increased to Hold at Vetr Inc.

Stocks: Netflix, Inc. (NFLX) Rating Increased to Hold at Vetr Inc.

Vetr upgraded shares of Netflix, Inc. (NASDAQ:NFLX) from a sell rating to a hold rating in a research note released on Monday. The brokerage currently has $158.60 target price on the Internet television network’s stock. Several other research firms also recently issued reports on NFLX. Goldman Sachs Group Inc restated a buy rating and set a $170.00 price objective on shares of Netflix in a report on Tuesday, May 2nd. Robert W. Baird restated a neutral rating and set a $138.00 price objective on shares of Netflix in a report…

Stocks: Wedbush Reiterates “Ourperform” Rating for Catabasis Pharmaceuticals Inc (CATB)

Stocks: Wedbush Reiterates “Ourperform” Rating for Catabasis Pharmaceuticals Inc (CATB)

Wedbush reissued their ourperform rating on shares of Catabasis Pharmaceuticals Inc (NASDAQ:CATB) in a research report report published on Monday. The firm currently has a $4.00 target price on the biotechnology company’s stock. A number of other equities analysts have also recently commented on the company. HC Wainwright reiterated a buy rating and set a $8.00 price target (down previously from $14.00) on shares of Catabasis Pharmaceuticals in a report on Tuesday, March 21st. Cowen and Company cut Catabasis Pharmaceuticals from an outperform rating to a market perform rating and…

Stocks: CM Finance Inc (CMFN) Lowered to “Strong Sell” at Zacks Investment Research

Stocks: CM Finance Inc (CMFN) Lowered to “Strong Sell” at Zacks Investment Research

Zacks Investment Research cut shares of CM Finance Inc (NASDAQ:CMFN) from a hold rating to a strong sell rating in a report published on Monday. According to Zacks, “CM Finance Inc. is an externally managed, closed-end, non-diversified management investment company. It invests primarily in middle-market companies in the U.S. The company invest through unitranche loans and standalone second and first lien loans with an emphasis on floating rate debt as well as in mezzanine loans/structured equity and in the equity of portfolio companies. CM Finance Inc. is based in New…

Stocks: Kohl’s Co. (KSS) Downgraded by Vetr Inc. to Buy

Stocks: Kohl’s Co. (KSS) Downgraded by Vetr Inc. to Buy

Vetr lowered shares of Kohl's Co. (NYSE:KSS) from a strong-buy rating to a buy rating in a report published on Monday morning. Vetr currently has $40.78 target price on the stock. A number of other brokerages have also issued reports on KSS. Susquehanna Bancshares Inc assumed coverage on Kohl's Co. in a research report on Friday, February 10th. They set a neutral rating and a $41.00 price target for the company. Credit Suisse Group AG set a $39.00 price target on Kohl's Co. and gave the stock a sell rating…

Stocks: Connecture Inc (CNXR) Upgraded by Zacks Investment Research to Hold

Stocks: Connecture Inc (CNXR) Upgraded by Zacks Investment Research to Hold

Zacks Investment Research upgraded shares of Connecture Inc (NASDAQ:CNXR) from a sell rating to a hold rating in a report issued on Monday. Zacks Investment Research currently has $1.00 price target on the technology company’s stock. According to Zacks, “Connecture, Inc. provides web-based consumer shopping, enrollment and retention platform for health insurance distribution. It operates primarily in the United States. Connecture, Inc. is based in Brookfield, United States. “ Connecture (NASDAQ:CNXR) opened at 0.82 on Monday. Connecture has a 1-year low of $0.80 and a 1-year high of $3.24. The…

Stocks: Tate & Lyle PLC (TATE) Receives “Hold” Rating from Berenberg Bank

Stocks: Tate & Lyle PLC (TATE) Receives “Hold” Rating from Berenberg Bank

Berenberg Bank restated their hold rating on shares of Tate & Lyle PLC (LON:TATE) in a research note released on Monday. They currently have a GBX 775 ($10.00) price target on the stock. Other equities analysts have also recently issued reports about the company. Numis Securities Ltd upgraded Tate & Lyle PLC to an add rating and set a GBX 833 ($10.75) target price for the company in a research note on Friday, February 10th. Deutsche Bank AG reiterated a buy rating on shares of Tate & Lyle PLC in…

Stocks: Wpp Plc’s (WPP) Buy Rating Reaffirmed at Citigroup Inc

Stocks: Wpp Plc’s (WPP) Buy Rating Reaffirmed at Citigroup Inc

Citigroup Inc reaffirmed their buy rating on shares of Wpp Plc (LON:WPP) in a research report report published on Monday. A number of other analysts have also weighed in on WPP. BNP Paribas reiterated an outperform rating and set a GBX 2,230 ($28.79) target price on shares of Wpp Plc in a report on Monday, January 16th. HSBC Holdings plc reiterated a buy rating and set a GBX 2,180 ($28.14) target price on shares of Wpp Plc in a report on Thursday, January 19th. Liberum Capital upgraded shares of Wpp…

Stocks: Coca Cola HBC AG (CCH) Rating Reiterated by Citigroup Inc

Stocks: Coca Cola HBC AG (CCH) Rating Reiterated by Citigroup Inc

Citigroup Inc reissued their buy rating on shares of Coca Cola HBC AG (LON:CCH) in a research report sent to investors on Monday morning. Several other research firms have also commented on CCH. Goldman Sachs Group Inc reiterated a buy rating and set a GBX 2,120 ($27.37) price objective on shares of Coca Cola HBC AG in a research note on Thursday, January 19th. Jefferies Group LLC boosted their price objective on shares of Coca Cola HBC AG from GBX 2,000 ($25.82) to GBX 2,200 ($28.40) and gave the stock…

Stocks: Eco Animal Health Group Plc (EAH) Price Target Raised to GBX 650 at Peel Hunt

Stocks: Eco Animal Health Group Plc (EAH) Price Target Raised to GBX 650 at Peel Hunt

Eco Animal Health Group Plc (LON:EAH) had its price objective lifted by Peel Hunt from GBX 575 ($7.42) to GBX 650 ($8.39) in a research report report published on Monday morning. The firm currently has a buy rating on the stock. Shares of Eco Animal Health Group Plc (LON:EAH) opened at 597.50 on Monday. Eco Animal Health Group Plc has a 12 month low of GBX 360.00 and a 12 month high of GBX 610.00. The stock has a 50 day moving average of GBX 510.50 and a 200-day moving…

Stocks: Entegris Inc (ENTG) Stock Price Down 6.3% Following Insider Selling

Stocks: Entegris Inc (ENTG) Stock Price Down 6.3% Following Insider Selling

Entegris Inc (NASDAQ:ENTG) shares dropped 6.3% during trading on Wednesday after an insider sold shares in the company. The stock traded as low as $23.20 and last traded at $23.20, with a volume of 975,735 shares traded. The stock had previously closed at $24.75. Specifically, CFO Gregory B. Graves sold 115,336 shares of Entegris stock in a transaction that occurred on Tuesday, February 21st. The stock was sold at an average price of $22.06, for a total transaction of $2,544,312.16. Following the sale, the chief financial officer now directly owns…

Stocks: Traders Buy Large Volume of Put Options on Advanced Micro Devices (AMD)

Stocks: Traders Buy Large Volume of Put Options on Advanced Micro Devices (AMD)

Advanced Micro Devices, Inc. (NASDAQ:AMD) saw some unusual options trading on Tuesday. Stock traders acquired 25,829 put options on the company. This is an increase of 386% compared to the typical daily volume of 5,311 put options. Several research analysts have recently commented on AMD shares. Barclays PLC reissued a “hold” rating and issued a $9.00 target price on shares of Advanced Micro Devices in a report on Friday, January 20th. Summit Redstone reissued a “buy” rating on shares of Advanced Micro Devices in a report on Saturday, January 21st….

Stocks: Etsy Inc (ETSY) Trading -5.8% Higher on Analyst Upgrade

Stocks: Etsy Inc (ETSY) Trading -5.8% Higher  on Analyst Upgrade

Etsy Inc (NASDAQ:ETSY) shares rose 5.8% during trading on Wednesday after Loop Capital upgraded the stock from a hold rating to a buy rating. Loop Capital now has a $16.00 price target on the stock. Etsy traded as high as $14.11 and last traded at $12.94, with a volume of 2,579,838 shares traded. The stock had previously closed at $13.73. Several other research analysts have also recently commented on the stock. Citigroup Inc raised their target price on shares of Etsy from $16.00 to $20.00 and gave the stock a…

Stocks: Lumentum Holdings Inc (LITE) Shares Down 8% After Insider Selling

Stocks: Lumentum Holdings Inc (LITE)  Shares Down 8%  After Insider Selling

Lumentum Holdings Inc (NASDAQ:LITE)’s share price fell 8% during mid-day trading on Wednesday after an insider sold shares in the company. The stock traded as low as $51.75 and last traded at $52.05, with a volume of 2,363,410 shares traded. The stock had previously closed at $56.55. Specifically, COO Vincent Retort sold 809 shares of the stock in a transaction dated Wednesday, February 22nd. The stock was sold at an average price of $52.10, for a total value of $42,148.90. Following the completion of the sale, the chief operating officer…

Stocks: Exelixis, Inc. (EXEL) Shares Down 7.9% After Insider Selling

Stocks: Exelixis, Inc. (EXEL)  Shares Down 7.9%  After Insider Selling

Shares of Exelixis, Inc. (NASDAQ:EXEL) were down 7.9% on Wednesday following insider selling activity. The company traded as low as $19.55 and last traded at $19.86, with a volume of 8,703,005 shares trading hands. The stock had previously closed at $21.56. Specifically, EVP Jeffrey Hessekiel sold 23,787 shares of the company’s stock in a transaction on Wednesday, March 22nd. The shares were sold at an average price of $20.54, for a total value of $488,584.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which…

Stocks: Stock Traders Purchase Large Volume of Call Options on Apple (AAPL)

Stocks: Stock Traders Purchase Large Volume of Call Options on Apple (AAPL)

Apple Inc. (NASDAQ:AAPL) was the recipient of unusually large options trading activity on Friday. Investors bought 630,000 call options on the company. This represents an increase of 160% compared to the typical volume of 242,122 call options. In other news, insider Daniel J. Riccio sold 11,949 shares of Apple stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $155.27, for a total value of $1,855,321.23. Following the completion of the sale, the insider now directly owns 23,998 shares in the…

Stocks: Li Ning Co Ltd (LNNGY) Stock Rating Upgraded by Zacks Investment Research

Stocks: Li Ning Co Ltd (LNNGY) Stock Rating Upgraded by Zacks Investment Research

Li Ning Co Ltd (OTCMKTS:LNNGY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Wednesday. According to Zacks, “Li Ning Company Limited operates as a designer, developer, manufacturer and distributor of sports footwear, apparel, accessories and equipment for sport and leisure uses under its own LI-NING brand in the Peoples’ Republic of China. Additionally, the Group distributes sports products under its Z-DO brand via hypermarket channel; manufactures, markets, distributes and sells outdoor sports products under the French brand AIGLE and…

Stocks: NVIDIA Co. (NVDA) Rating Increased to Hold at Vetr Inc.

Stocks: NVIDIA Co. (NVDA) Rating Increased to Hold at Vetr Inc.

NVIDIA Co. (NASDAQ:NVDA) was upgraded by equities researchers at Vetr from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday. The brokerage currently has a $139.68 target price on the computer hardware maker’s stock. Vetr‘s price target would indicate a potential upside of 4.97% from the stock’s previous close. NVDA has been the subject of several other reports. Instinet restated a “reduce” rating and issued a $90.00 price objective on shares of NVIDIA in a research note on Monday. Loop Capital restated a “buy”…

Stocks: ASOS plc’s (ASC) “Buy” Rating Reaffirmed at Berenberg Bank

Stocks: ASOS plc’s (ASC) “Buy” Rating Reaffirmed at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of ASOS plc (LON:ASC) in a research report sent to investors on Monday. Berenberg Bank currently has a GBX 6,500 ($83.90) target price on the stock. Other analysts have also issued research reports about the company. Beaufort Securities reaffirmed a buy rating on shares of ASOS plc in a research note on Wednesday, April 5th. Shore Capital reaffirmed a buy rating on shares of ASOS plc in a research note on Tuesday, April 4th. Numis Securities Ltd reaffirmed a buy rating and…

Stocks: Vetr Inc. Lowers Valeant Pharmaceuticals Intl Inc (VRX) to Buy

Stocks: Vetr Inc. Lowers Valeant Pharmaceuticals Intl Inc (VRX) to Buy

Vetr lowered shares of Valeant Pharmaceuticals Intl Inc (NYSE:VRX) (TSE:VRX) from a strong-buy rating to a buy rating in a research report report published on Monday. Vetr currently has $14.94 price target on the specialty pharmaceutical company’s stock. A number of other equities analysts also recently issued reports on the stock. HC Wainwright set a $17.00 price target on shares of Valeant Pharmaceuticals Intl and gave the stock a hold rating in a research note on Wednesday, May 10th. BMO Capital Markets reissued a market perform rating on shares of…

Stocks: Arena Pharmaceuticals, Inc. (ARNA) Short Interest Update

Stocks: Arena Pharmaceuticals, Inc. (ARNA) Short Interest Update

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) saw a significant decline in short interest in April. As of April 28th, there was short interest totalling 7,608,463 shares, a decline of 9.8% from the April 13th total of 8,431,187 shares. Based on an average daily volume of 5,250,724 shares, the days-to-cover ratio is currently 1.4 days. ARNA has been the topic of a number of recent research reports. FBR & Co reaffirmed an “outperform” rating on shares of Arena Pharmaceuticals in a report on Monday, January 23rd. Zacks Investment Research raised Arena Pharmaceuticals from…