price target posts
FeedPosted Jan 26th 2011 12:00PM by Elizabeth Harrow (RSS feed)
Filed under: Major Movement, Earnings Reports, Analyst Upgrades and Downgrades, Forecasts, Options, Technical Analysis, Juniper Networks (JNPR)
Juniper Networks (JNPR) is on the upswing, with the stock catching a 6% boost Wednesday morning on the heels of a well-received fourth-quarter earnings report. Juniper reported a quarterly profit of $190.2 million, or 35 cents per share, substantially improved from its year-ago results of $22.9 million, or 4 cents per share. Excluding items, earnings improved to 42 cents from 32 cents per share on a year-over-year basis.
Meanwhile, revenue for the quarter increased 26% to $1.19 billion. Gross margin retreated slightly, falling to 66.6% from 67.1%.
Continue reading Juniper Networks Jumps Higher After Q4 Earnings Beat
Posted Nov 19th 2010 1:30PM by Elizabeth Harrow (RSS feed)
Filed under: Major Movement, Earnings Reports, Analyst Upgrades and Downgrades, Forecasts, Technical Analysis, salesforce.com inc (CRM)

Salesforce.com (
CRM) is certainly enjoying a positive post-earnings reaction Friday. After unveiling its
third-quarter results last night, the stock sailed to a new all-time high as a slew of brokerage firms rushed to raise their price targets on CRM.
Specifically, CRM swung to a third-quarter profit of $21.1 million, or 15 cents per share, while revenue increased 30% to $429.1 million. Excluding items, CRM earned 32 cents per share. By contrast, analysts were looking for a quarterly profit of just 31 cents per share on revenue of $410.5 million.
Continue reading Salesforce.com Hits a New High After Earnings
Posted Dec 30th 2009 12:20PM by Elizabeth Harrow (RSS feed)
Filed under: Analyst Reports, Best Buy (BBY), Options, Technical Analysis
Deutsche Bank has reiterated its buy rating and a $48 price target on electronics retailer Best Buy (BBY). The price target implies expected upside of nearly 19% from BBY's closing price on Tuesday.
"BBY reported that Black Friday comps were up double digits. While we expect some slowdown from that level, store checks show that trends remain solid throughout December," wrote Deutsche Bank in a note to clients. "This, coupled with an easy comparison should enable positive high single digit comps domestically. We also believe that web sales, which were up 20% in 3Q continue to grow, which helps comps. Also, TV pricing remains relatively rational, which should help offset some of the margin decline from mix to laptops."
Continue reading Deutsche Bank Still Bullish on Best Buy
Posted Dec 11th 2009 11:20AM by Elizabeth Harrow (RSS feed)
Filed under: Major Movement, Analyst Reports, Options, Commodities
Shares of Century Aluminum (CENX) caught a lift Friday morning, as analysts at JPMorgan Chase adjusted their price targets on a number of metals and mining issues. Century's price target was hiked from $9 to $13, representing a premium of 13.2% to the stock's closing price on Thursday.
In the first hour of Friday's session, CENX soared to a gain of 7.8% as traders cheered the upbeat note. Technical support from the stock's 10-week and 20-week moving averages also helped to add some lift; these two trendlines are now on the verge of a bullish cross. A finish above $12 would be a major development for the equity, since this level has capped all of CENX's weekly closes since August.
Continue reading Call players take profits as Century Aluminum surges
Posted Nov 30th 2009 11:40AM by Elizabeth Harrow (RSS feed)
Filed under: Analyst Reports, Deals, Rumors, Private Equity, Amer Intl Group (AIG), Options
A Financial Times report indicates that American International Group (AIG) could soon receive an offer on its aircraft leasing unit, known as International Lease Finance Corp. (ILFC). The newspaper claims that a consortium of private equity investors, led by current ILFC CEO Steven Udvar-Hazy, "is close to making a bid for about half of the aviation-leasing business."
The consortium reportedly includes Onex, Greenbriar and Canada Pension Plan. An offer could be made as early as this week, according to FT's sources. AIG set a deadline of Dec. 3 for bids on the unit, in hopes of making a decision by Dec. 15.
Continue reading Put players target AIG after ILFC bid rumors, price-target cut
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