2022-06-29 17:48:02 PDCO Patterson Companies
06/29/22 06/2917:48 06/29/2217:48 | Patterson Companies price target raised to $42 from $41 at Piper SandlerPiper Sandler analyst Jason Bednar raised the firm's price target on Patterson Companies to $42 from $41 and keeps an Overweight rating on the shares. The analyst said that the company reported a "clean" earnings beat for Q4, with further margin upside appearing to be "likely." Bednar added that the ever-growing track record of consistent execution against company objectives is what keeps him positive on the stock and a buyer of shares even after today's "nice" move higher. |
|
---|
Conference/Events
|
Jefferies tech/software analyst to hold an analyst/industry conference call »
22:39 08/15/22 08/1522:39 08/15/2222:39
CRWD
Crowdstrike
Datadog
Microsoft
Palo Alto Networks
SentinelOne
Splunk
Software & Technology… Software & Technology Analysts, along with Cloud & Cyber Chanel Consultant, Steve Shaffer, participate in an Analyst/Industry conference call to be held on August 16 at 10 am. Webcast Link ShowHide Related Items >><<
|
Downgrade
|
Aptinyx cut to Hold at Truist after more disappointing data from NYX-2925 »
20:59 08/15/22 08/1520:59 08/15/2220:59
APTX
Aptinyx
Truist analyst Joon Lee… Truist analyst Joon Lee downgraded Aptinyx to Hold from Buy. The analyst cites the company unveiling another dose of disappointing data from NYX-2925, this time in Phase 2b trials among fibromyalgia patients. Lee further contends that the data from other non-channel blockers of NMDA also suggest weakness and low probability of success, which "casts doubt" on the rest of Aptinyx's pipeline that consists entirely of NMDA modulators that work outside the channel. ShowHide Related Items >><<
|
Hot Stocks
|
ContextLogic director sells $5.5M in common stock »
20:51 08/15/22 08/1520:51 08/15/2220:51
WISH
ContextLogic
In a regulatory filing,… In a regulatory filing, ContextLogic discloses that its director Hans Tung sold 3.2M shares of its common stock on August 11th in a total transaction size of $5.5M. ShowHide Related Items >><<
|
Hot Stocks
|
LeMaitre CEO sells $3.2M in common stock »
20:50 08/15/22 08/1520:50 08/15/2220:50
LMAT
LeMaitre
In a regulatory filing,… In a regulatory filing, LeMaitre disclosed that its CEO George Lemaitre sold 58.6K shares of common stock on August 11th in a total transaction size of $3.2M. ShowHide Related Items >><<
|
Recommendations
|
SkyWater Technology price target raised to $18 from $10 at Piper Sandler »
20:36 08/15/22 08/1520:36 08/15/2220:36
SKYT
SkyWater Technology
Piper Sandler analyst… Piper Sandler analyst Harsh Kumar raised the firm's price target on SkyWater Technology to $18 from $10 and keeps an Overweight rating on the shares. The company's Q2 results were "solid" amid better than expected revenues and ongoing gross margin expansion, the analyst tells investors in a research note. Kumar further cites SkyWater's ability to potentially leverage the recently passed CHIPS Act, and he believes that the legislation is already having a positive impact on customer conversations across several of the company's end markets. ShowHide Related Items >><<
|
Recommendations
|
Simon Property price target lowered to $125 from $130 at Truist »
19:59 08/15/22 08/1519:59 08/15/2219:59
SPG
Simon Property
Truist analyst Ki Bin Kim… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
EPR Properties price target raised to $57 from $50 at Truist »
19:58 08/15/22 08/1519:58 08/15/2219:58
EPR
EPR Properties
Truist analyst Ki Bin Kim… Truist analyst Ki Bin Kim raised the firm's price target on EPR Properties to $57 from $50 and keeps a Hold rating on the shares as part of a broader research note on REITs, adjusting his model based on Q2 results, recent events, as well as revenue growth and expense assumptions. ShowHide Related Items >><<
|
Recommendations
|
Life Storage price target raised to $138 from $132 at Truist »
19:58 08/15/22 08/1519:58 08/15/2219:58
LSI
Life Storage
Truist analyst Ki Bin Kim… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Extra Space Storage price target raised to $225 from $200 at Truist »
19:57 08/15/22 08/1519:57 08/15/2219:57
EXR
Extra Space Storage
Truist analyst Ki Bin Kim… Truist analyst Ki Bin Kim raised the firm's price target on Extra Space Storage to $225 from $200 and keeps a Buy rating on the shares as part of a broader research note on REITs, adjusting his model based on Q2 results, recent events, as well as revenue growth and expense assumptions. ShowHide Related Items >><<
|
Hot Stocks
|
Pershing Square exits Netflix in Q2 »
19:57 08/15/22 08/1519:57 08/15/2219:57
NFLX
Netflix
Canadian Pacific
Chipotle
Domino's Pizza
Hilton
Howard Hughes
Lowe's
Restaurant Brands
Bill Ackman's… Story temporarily locked. ShowHide Related Items >><<
|
Upgrade
|
Seagen upgraded to Outperform from Sector Perform at RBC Capital »
19:39 08/15/22 08/1519:39 08/15/2219:39
SGEN
Seagen
RBC Capital analyst… RBC Capital analyst Gregory Renza upgraded Seagen to Outperform from Sector Perform with a price target of $188, up from $179. The analyst contends that the recent pullback on the arbitration decision is presenting a nearer-term opportunity for investors, and while the company's CEO search continues, Seagen's "position as an attractive strategic target" is too intriguing to ignore. Renza adds that he sees increasing likelihood that Seagen will "no longer stand alone" as well as the emerging clarity and confidence in the base commercial business from recent execution. ShowHide Related Items >><<
|
Hot Stocks
|
Electronic Arts board authorizes new program to repurchase up to $2.6B in shares »
19:39 08/15/22 08/1519:39 08/15/2219:39
EA
Electronic Arts
In a regulatory filing,… Story temporarily locked. ShowHide Related Items >><<
|
Earnings
|
Riot Blockchain reports Q2 adjusted EPS (50c), consensus 3c »
19:24 08/15/22 08/1519:24 08/15/2219:24
RIOT
Riot Blockchain
Reports Q2 revenue… Reports Q2 revenue $72.9M, consensus $81.3M. Reports Q2 mining revenue up 47% to $46.2M. "We are extremely encouraged by Riot's financial resilience and operational achievements this quarter," said Jason Les, CEO of Riot. "We continued to make substantial progress in executing towards our ambitious growth plans, including completion of our first immersion-cooled building and the successful transition of all miners which were previously hosted by Coinmint to our Whinstone Facility, which will further reduce our operating costs. Going forward, we will continue to focus on executional excellence as we work in pursuit of developing Riot into the world's leading Bitcoin-driven infrastructure platform." ShowHide Related Items >><<
|
Hot Stocks
|
Gilead to acquire remaining worldwide rights of Trodelvy »
19:16 08/15/22 08/1519:16 08/15/2219:16
GILD
Gilead
Gilead Sciences… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
aTyr Pharma price target raised to $14 from $11 at Piper Sandler »
18:48 08/15/22 08/1518:48 08/15/2218:48
LIFE
aTyr Pharma
Piper Sandler analyst… Piper Sandler analyst Edward Tenthoff raised the firm's price target on aTyr Pharma to $14 from $11 and keeps an Overweight rating on the shares after the company reported Q2 results. The analyst said the new price target comes after reducing efzofitimod discount rate on the Phase III trial start and rolling forward the firm's discount period to mid-2023. Tenthoff added that there is broad potential of efzofitimod in other interstitial lung diseases. ShowHide Related Items >><<
|
Earnings
|
Advanced Emissions reports Q2 EPS (2c) vs. 90c last year »
18:46 08/15/22 08/1518:46 08/15/2218:46
ADES
Advanced Emissions
Reports Q2 revenue $24.7M… Reports Q2 revenue $24.7M vs. $21.1M last year. CEO Greg Marken says: "We delivered another strong quarter of consumables revenue growth as our Red River plant's utilization rate remains high and favorable macro-economic dynamics are supporting strong demand for our activated carbon products. Our production volume once again exceeded internal expectations, resulting in a more flexible inventory position, thus allowing us to proactively navigate tight supply conditions as well as global supply-chain challenges. Though we expect these challenges to remain throughout the remainder of the year, we continue to institute improvements to our commercial contracts while maintaining high renewal rates on expiring contracts. Looking ahead, it is clear that high natural gas prices will continue to support near-term demand for our technologies while we continue to successfully gain ground in the Water and Industrial markets. Lastly, we continue to be pleased with the progress of our strategic review process and will hopefully be in a position to provide additional updates in the very near term. We are encouraged with both the current status of negotiations as well as with the option available to us. Our focus remains on seeking a resolution that maximizes value for our shareholders. We will not be providing further comments on this topic until we have something definitive to share. Meanwhile, we continue to aim toward improving profitability at our Red River plant and fulfilling our customer commitments." ShowHide Related Items >><<
|
Earnings
|
AMMO reports Q1 EPS 9c vs. 13c last year »
18:44 08/15/22 08/1518:44 08/15/2218:44
POWW
AMMO
Reports Q1 revenue $60.8M… Reports Q1 revenue $60.8M vs. $44.5M last year. Affirms FY23 revenue view of $305M-$310M, two estimates $302.8M. "With our revenue momentum continuing into Fiscal 2023, AMMO's management team and board completed a detailed analysis and assessment of our operations, business units, and growth opportunities, all with the goal of unlocking and enhancing shareholder value. With this analysis, and with the support of our advisors, the Board has determined that the optimal path for unlocking shareholder value is through the separation of these divisions into two separately traded companies" stated Fred Wagenhals, AMMO's Chairman & CEO. "We believe this separation will allow investors to more appropriately value the business models of each segment and create greater shareholder value by facilitating the expansion and value we have created in both brands while pursuing compelling and distinct growth opportunities." ShowHide Related Items >><<
|
Earnings
|
AST SpaceMobile reports Q2 EPS (6c) vs. (39c) last year »
18:42 08/15/22 08/1518:42 08/15/2218:42
ASTS
AST SpaceMobile
Reports Q2 revenue $7.3M… Reports Q2 revenue $7.3M vs. $2.8M last year. "We are thrilled to be on-site at Cape Canaveral, FL, taking our BlueWalker 3 test satellite through final preparations and continuation of testing for the upcoming planned launch to low Earth Orbit in early to mid-September," said Abel Avellan, Chairman and CEO of AST SpaceMobile. "Alongside this milestone, the team is hard at work in preparing our Texas headquarters and extension facility for future production of our initial BlueBird satellites." ShowHide Related Items >><<
|
On The Fly
|
Fly Intel: After-Hours Movers »
18:40 08/15/22 08/1518:40 08/15/2218:40
FN
Fabrinet
Nu Holdings
Advanced Emissions
Ferroglobe
Magic Empire Global
Ally Financial
Albireo Pharma
Immersion
AMMO
AST SpaceMobile
Fluence Energy
FaZe Holdings
ZipRecruiter
Sunnova Energy
Trinity Capital
Bloom Energy
Ginkgo Bioworks
ThredUP
Tencent Music
Shoals Technologies
Compass
GoHealth
Check out this evening's… ShowHide Related Items >><<
|
Periodicals
|
Apple establishes September 5 return-to-office deadline, Bloomberg says »
18:30 08/15/22 08/1518:30 08/15/2218:30
AAPL
Apple
Apple has established a… Apple has established a September 5 deadline for corporate staff to work from the office at least three days a week after postponing its return plans several times due to COVID-19 outbreaks, Bloomberg's Mark Gurman reports. The tech giant will mandate that staff work from the office on Tuesdays, Thursdays, and a regular third day that will be decided by individual teams, the author says. Reference Link ShowHide Related Items >><<
|
Syndicate
|
Gambling.com files $200M mixed securities shelf
18:18 08/15/22 08/1518:18 08/15/2218:18
GAMB
Gambling.com
ShowHide Related Items >><<
|
Syndicate
|
Algonquin Power re-establishes at-the-market equity program »
18:12 08/15/22 08/1518:12 08/15/2218:12
AQN
Algonquin Power
Algonquin Power announced… Algonquin Power announced that it has re-established its at-the-market equity program. The ATM Program allows AQN to issue up to $500M of common shares of AQN from treasury to the public from time to time, at AQN's discretion, at the prevailing market price when issued on the Toronto Stock Exchange, the New York Stock Exchange or on any other existing trading market for the Common Shares in Canada or the United States. The ATM Program is being re-established having lapsed following the withdrawal by AQN of its previous base shelf prospectus dated April 3, 2020 in connection with the filing of its current base shelf prospectus dated November 18, 2021. Sales of the Common Shares through the ATM Program will be made pursuant to the terms of the Equity Distribution Agreement entered into among AQN and RBC Dominion Securities Inc., CIBC World Markets Inc., National Bank Financial Inc., Scotia Capital Inc. and TD Securities Inc. and RBC Capital Markets, LLC, CIBC World Markets Corp., National Bank of Canada Financial Inc., Scotia Capital Inc. and TD Securities. ShowHide Related Items >><<
|
Syndicate
|
Urban Edge files automatic mixed securities shelf
18:08 08/15/22 08/1518:08 08/15/2218:08
UE
Urban Edge
ShowHide Related Items >><<
|
Earnings
|
Agora sees FY22 revenue $176M-$178M, consensus $175.42M »
18:03 08/15/22 08/1518:03 08/15/2218:03
API
Agora
Based on currently… Based on currently available information, Agora maintains the previous guidance for FY22 revenue $176M-$178M. This outlook reflects Agora's current and preliminary views on the market and operational conditions, and the outlook ranges for the year ending December 31 reflect various assumptions that are subject to change based on uncertainties, including but not limited to the impact of the COVID-19 pandemic. ShowHide Related Items >><<
|
Earnings
|
Agora reports Q2 EPS (27c), consensus (20c) »
18:02 08/15/22 08/1518:02 08/15/2218:02
API
Agora
Reports Q2 revenue… Reports Q2 revenue $41.0M, consensus $40.08M. Total cash, cash equivalents and short-term investments as of June 30 was $641.2M. "We delivered strong operational results this quarter as our top line returned to a quarter-over-quarter growth trajectory," said Tony Zhao, founder, chairman and CEO of Agora. "In particular, we see immense and increasing demand for our real-time engagement platform in the US and international markets, where our dollar-based net expansion rate has consistently exceeded 130%. With the recent streamlining of our organizational structure and promotion of key executives, we are well positioned to enhance our go-to-market efficiency and expand our platform globally." ShowHide Related Items >><<
|