The Barracuda Networks (CUDA) – Analysts’ Weekly Ratings Updates

The Barracuda Networks (CUDA) – Analysts’ Weekly Ratings Updates

Several analysts have recently updated their ratings and price targets for Barracuda Networks (NYSE: CUDA): Barracuda Networks, Inc. (NYSE:CUDA) opened at 24.21 on Monday. The company has a 50-day moving average price of $22.71 and a 200-day moving average price of $22.54. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 127.42 and a beta of 3.42. Barracuda Networks, Inc. has a 52 week low of $9.44 and a 52 week high of $26.69. Barracuda Networks (NYSE:CUDA) last posted its quarterly earnings results on Monday, January…

The United Technologies Corporation (UTX) Price Target Cut to $118.00

The United Technologies Corporation (UTX) Price Target Cut to $118.00

United Technologies Corporation (NYSE:UTX) had its price target cut by investment analysts at Royal Bank Of Canada from $121.00 to $118.00 in a report issued on Thursday. The firm presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 7.06% from the stock’s current price. Other analysts have also issued reports about the stock. Credit Suisse Group upgraded shares of United Technologies Corporation from a “neutral” rating to an “outperform” rating and raised their price target for the stock from…

The Barclays PLC Reaffirms Buy Rating for Valero Energy Corporation (VLO)

The Barclays PLC Reaffirms Buy Rating for Valero Energy Corporation (VLO)

Barclays PLC reissued their buy rating on shares of Valero Energy Corporation (NYSE:VLO) in a research report sent to investors on Wednesday. The brokerage currently has a $95.00 target price on the stock. Several other research firms also recently commented on VLO. Deutsche Bank AG downgraded shares of Valero Energy Corporation from a buy rating to a hold rating and set a $65.00 price target for the company. in a research note on Wednesday, January 4th. Vetr upgraded shares of Valero Energy Corporation from a sell rating to a hold…

The ProQR Therapeutics N.V. (PRQR) Receives Average Recommendation of “Buy” from Brokerages

The ProQR Therapeutics N.V. (PRQR) Receives Average Recommendation of “Buy” from Brokerages

Shares of ProQR Therapeutics N.V. (NASDAQ:PRQR) have received an average rating of “Buy” from the six analysts that are currently covering the company. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $14.10. Several brokerages have issued reports on PRQR. Janney Montgomery Scott began coverage on shares of ProQR Therapeutics N.V. in a research note on Wednesday, September 28th. They issued…

The Pinnacle Foods, Inc. (PF) Shares Sold by Channing Capital Management LLC

The Pinnacle Foods, Inc. (PF) Shares Sold by Channing Capital Management LLC

Channing Capital Management LLC reduced its position in shares of Pinnacle Foods, Inc. (NYSE:PF) by 12.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 488,755 shares of the company’s stock after selling 67,525 shares during the period. Channing Capital Management LLC’s holdings in Pinnacle Foods were worth $24,521,000 as of its most recent filing with the SEC. Other hedge funds have also recently added to or reduced their stakes in the company. Financial Architects Inc boosted its position in…

The Marathon Petroleum Corporation (MPC) Shares Sold by United Services Automobile Association

The Marathon Petroleum Corporation (MPC) Shares Sold by United Services Automobile Association

United Services Automobile Association reduced its position in Marathon Petroleum Corporation (NYSE:MPC) by 0.2% during the third quarter, Holdings Channel reports. The fund owned 595,545 shares of the company’s stock after selling 1,042 shares during the period. United Services Automobile Association’s holdings in Marathon Petroleum Corporation were worth $24,173,000 as of its most recent filing with the SEC. A number of other institutional investors have also modified their holdings of MPC. Hsbc Holdings PLC boosted its position in shares of Marathon Petroleum Corporation by 4.3% in the third quarter. Hsbc…

The Zacks: iStar Financial Inc. (STAR) Given Average Rating of “Hold” by Analysts

The Zacks: iStar Financial Inc. (STAR) Given Average Rating of “Hold” by Analysts

Shares of iStar Financial Inc. (NYSE:STAR) have received an average broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation. Brokers have set a 1-year consensus target price of $13.00 for the company, according to Zacks. Zacks has also assigned iStar Financial an industry rank of 84 out of 265 based on the ratings given to its competitors. iStar Financial (NYSE:STAR) opened at 12.23 on Monday. iStar Financial has a…

The Zacks: Orchid Island Capital, Inc. (ORC) Given Average Recommendation of “Strong Buy” by Analysts

The Zacks: Orchid Island Capital, Inc. (ORC) Given Average Recommendation of “Strong Buy” by Analysts

Orchid Island Capital, Inc. (NYSE:ORC) has received an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation. Analysts have set a 1 year consensus price target of $11.13 for the company, according to Zacks. Zacks has also given Orchid Island Capital an industry rank of 49 out of 265 based on the ratings given to related companies. Separately, Zacks Investment Research raised Orchid Island Capital from a…

The Zacks Investment Research Upgrades Celanese Corporation (CE) to “Buy”

The Zacks Investment Research Upgrades Celanese Corporation (CE) to “Buy”

Celanese Corporation (NYSE:CE) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Thursday. The brokerage currently has a $93.00 target price on the stock. Zacks Investment Research’s price target indicates a potential upside of 12.70% from the stock’s current price. According to Zacks, “Celanese has outperformed the Zacks categorized 'Chemicals-Diversified' industry in the last three months, partly attributable to its forecast-topping earnings performance in the last quarter. Celanese’s strategic measures including productivity and efficiency improvement actions should lend support…

The Piedmont Office Realty Trust, Inc. (PDM) Rating Increased to Hold at Zacks Investment Research

The Piedmont Office Realty Trust, Inc. (PDM) Rating Increased to Hold at Zacks Investment Research

Piedmont Office Realty Trust, Inc. (NYSE:PDM) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Thursday. According to Zacks, “Piedmont Office Realty Trust, Inc. is an integrated and self-managed real estate investment trust specializing in the acquisition, ownership, management and development of commercial real estate properties. That includes properties that are under construction, newly constructed, or have operating histories. The Company is primarily focused on high-quality Class A office buildings located in major U.S. markets and leased primarily to…

The Analysts Set Entellus Medical, Inc. (ENTL) PT at $24.25

The Analysts Set Entellus Medical, Inc. (ENTL) PT at $24.25

Shares of Entellus Medical, Inc. (NASDAQ:ENTL) have been assigned an average recommendation of “Buy” from the seven ratings firms that are currently covering the firm. One investment analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $24.25. ENTL has been the subject of several recent analyst reports. Zacks Investment Research lowered Entellus Medical from a “buy” rating to a “hold” rating in a…

The Brokerages Set Nordstrom, Inc. (JWN) Price Target at $50.34

The Brokerages Set Nordstrom, Inc. (JWN) Price Target at $50.34

Nordstrom, Inc. (NYSE:JWN) has been assigned an average recommendation of “Hold” from the thirty-two ratings firms that are currently covering the company. Seven investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and nine have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $49.70. A number of research firms recently weighed in on JWN. Vetr lowered Nordstrom from a “strong-buy” rating to a “buy” rating and set…

The FY2016 EPS Estimates for AT&T Inc. Increased by Jefferies Group (T)

The FY2016 EPS Estimates for AT&T Inc. Increased by Jefferies Group (T)

AT&T Inc. (NYSE:T) – Analysts at Jefferies Group raised their FY2016 earnings per share estimates for shares of AT&T in a report issued on Friday. Jefferies Group analyst M. Mccormack now expects that the brokerage will post earnings of $2.83 per share for the year, up from their prior forecast of $2.82. Jefferies Group has a “Buy” rating and a $48.00 price objective on the stock. Jefferies Group also issued estimates for AT&T’s Q4 2016 earnings at $0.65 EPS. A number of other analysts have also recently issued reports on…

The Comerica Incorporated (CMA) to Release Quarterly Earnings on Tuesday

The Comerica Incorporated (CMA) to Release Quarterly Earnings on Tuesday

Comerica Incorporated (NYSE:CMA) is scheduled to post its Q416 quarterly earnings results on Tuesday, January 17th. Analysts expect Comerica to post earnings of $0.87 per share and revenue of $727.66 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link. Comerica (NYSE:CMA) last released its quarterly earnings data on Tuesday, October 18th. The financial services provider reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.10. Comerica had a return on equity of 6.36%…

The Weekly Investment Analysts’ Ratings Updates for Cairn Energy PLC (CNE)

The Weekly Investment Analysts’ Ratings Updates for Cairn Energy PLC (CNE)

A number of firms have modified their ratings and price targets on shares of Cairn Energy PLC (LON: CNE) recently: Shares of Cairn Energy PLC (LON:CNE) opened at 241.20 on Monday. The company’s market capitalization is GBX 1.38 billion. Cairn Energy PLC has a one year low of GBX 124.70 and a one year high of GBX 250.60. The stock has a 50 day moving average of GBX 217.09 and a 200-day moving average of GBX 200.69. Cairn Energy PLC (Cairn) is a United Kingdom-based independent oil and gas exploration…

The Bank of the Ozarks (OZRK) to Release Earnings on Tuesday

The Bank of the Ozarks (OZRK) to Release Earnings on Tuesday

Bank of the Ozarks (NASDAQ:OZRK) is scheduled to be issuing its Q416 quarterly earnings data on Tuesday, January 17th. Analysts expect the company to announce earnings of $0.69 per share and revenue of $217.09 million for the quarter. Bank of the Ozarks (NASDAQ:OZRK) opened at 53.46 on Monday. The firm’s 50-day moving average price is $51.01 and its 200-day moving average price is $41.28. Bank of the Ozarks has a 52 week low of $33.51 and a 52 week high of $54.92. The company has a market capitalization of $6.48…

The Morgan Stanley (MS) Set to Announce Earnings on Tuesday

The Morgan Stanley (MS) Set to Announce Earnings on Tuesday

Morgan Stanley (NYSE:MS) is scheduled to be releasing its Q416 earnings data on Tuesday, January 17th. Analysts expect Morgan Stanley to post earnings of $0.64 per share and revenue of $8.35 billion for the quarter. Morgan Stanley (NYSE:MS) last released its quarterly earnings results on Wednesday, October 19th. The financial services provider reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.17. Morgan Stanley had a net margin of 14.44% and a return on equity of 7.57%. The business had revenue of $8.91 billion…

The Semtech Corporation (SMTC) Short Interest Down 45.7% in December

The Semtech Corporation (SMTC) Short Interest Down 45.7% in December

Semtech Corporation (NASDAQ:SMTC) was the target of a large drop in short interest in December. As of December 30th, there was short interest totalling 473,339 shares, a drop of 45.7% from the December 15th total of 871,916 shares. Based on an average trading volume of 468,519 shares, the short-interest ratio is presently 1.0 days. Approximately 0.7% of the shares of the company are short sold. Shares of Semtech Corporation (NASDAQ:SMTC) opened at 32.90 on Monday. Semtech Corporation has a 52-week low of $15.70 and a 52-week high of $33.25. The…

The General Communication, Inc. (GNCMA) Sees Large Decline in Short Interest

The General Communication, Inc. (GNCMA) Sees Large Decline in Short Interest

General Communication, Inc. (NASDAQ:GNCMA) was the recipient of a significant decrease in short interest in the month of December. As of December 30th, there was short interest totalling 654,171 shares, a decrease of 33.3% from the December 15th total of 980,907 shares. Based on an average daily trading volume, of 403,285 shares, the days-to-cover ratio is currently 1.6 days. Currently, 2.9% of the company’s shares are short sold. In other news, insider Tina Pidgeon sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, January 3rd. The stock…

The CyberArk Software Ltd. (CYBR) Short Interest Update

The CyberArk Software Ltd. (CYBR) Short Interest Update

CyberArk Software Ltd. (NASDAQ:CYBR) saw a significant drop in short interest in the month of December. As of December 30th, there was short interest totalling 389,162 shares, a drop of 39.6% from the December 15th total of 644,520 shares. Approximately 1.4% of the shares of the company are short sold. Based on an average daily trading volume, of 390,183 shares, the days-to-cover ratio is currently 1.0 days. A number of hedge funds have recently added to or reduced their stakes in the stock. Westfield Capital Management Co. LP acquired a…