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Fly News Breaks for January 30, 2020
QRVO, SFIX, RUTH, LRCX, HES
Jan 30, 2020 | 10:23 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Hess Corp. (HES) upgraded to Outperform from Underperform at Scotiabank. 2. Lam Research (LRCX) upgraded to Positive from Neutral at Susquehanna and to Buy from Neutral at DA Davidson. 3. Ruth's Hospitality (RUTH) upgraded to Outperform from Market Perform at Raymond James with analyst Brian Vaccaro saying the stock decline is "a bit puzzling," given high end steakhouse segment comps were positive and better than expected in recent months and 2H19 margin headwinds on high prime beef inflation seem discounted, with margin visibility and EPS growth seen improving through 2020. 4. Stitch Fix (SFIX) upgraded to Buy from Neutral at DA Davidson with analyst John Morris saying he sees "multiple catalysts" for the company's upcoming year that would allow its active client growth and revenue per client to exceed expectations. 5. Qorvo (QRVO) upgraded to Buy from Hold at Summit Insights. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
News For HES;LRCX;RUTH;SFIX;QRVO From the Last 2 Days
LRCX
Apr 25, 2024 | 07:29 EDT
BofA analyst Vivek Arya raised the firm's price target on Lam Research to $1,000 from $970 and keeps a Buy rating on the shares. Lam "delivered a solid beat and raise" with growth expected to accelerate into the second half of the calendar year, says the firm, which adds that it is "beginning to see the green shoots of NAND recovery."
LRCX
Apr 25, 2024 | 07:27 EDT
TD Cowen raised the firm's price target on Lam Research to $1,000 from $975 and keeps a Buy rating on the shares. The firm said NAND recovery is off to a good start with two consecutive quarters of 25-30% sequential growth and other vectors are also showing growth.
LRCX
Apr 25, 2024 | 06:51 EDT
Susquehanna analyst Mehdi Hosseini lowered the firm's price target on Lam Research to $850 from $880 and keeps a Neutral rating on the shares. The firm said they posted a good print and guidance as its report and commentary were inline with Susquehanna's preview.
LRCX
Apr 24, 2024 | 18:48 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSImpinj (PI) up... To see the rest of the story go to thefly.com. See Story Here
LRCX
Apr 24, 2024 | 14:19 EDT
Notable companies reporting after the market close, with earnings consensus, include Meta Plataforms (META), consensus $4.32... IBM (IBM), consensus $1.60... ServiceNow (NOW), consensus $3.14... Lam Research (LRCX), consensus $7.30... Chipotle Mexican Grill (CMG), consensus $11.68... O'Reilly Automotive (ORLY), consensus $9.26... Ford Motor (F), consensus 42c... United Rentals (URI), consensus $8.32... Align Technology (ALGN), consensus $1.97... Molina Healthcare (MOH), consensus $5.59... Teradyne (TER), consensus 33c... Universa Health Services (UHS), consensus $3.16... Western Union (WU), consensus 41c.