Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
On The Fly
What You Missed On Wall Street This Morning » 12:06
11/18/22
11/18
12:06
11/18/22
12:06
PANW

Palo Alto Networks

$170.08 /

+13.33 (+8.50%)

, AMAT

Applied Materials

$105.02 /

+0.69 (+0.66%)

, GPS

Gap

$12.94 /

+0.215 (+1.69%)

, FL

Foot Locker

$35.05 /

+1.95 (+5.89%)

, JD

JD.com

$55.43 /

-2.11 (-3.67%)

, COIN

Coinbase

$45.18 /

-3.61 (-7.40%)

, HPQ

HP Inc.

$29.23 /

-0.22 (-0.75%)

, DKNG

DraftKings

$15.26 /

+0.36 (+2.42%)

, WBA

Walgreens Boots Alliance

$39.71 /

-0.41 (-1.02%)

, JPM

JPMorgan

$132.71 /

+0.06 (+0.05%)

, SFTBY

SoftBank Group

$22.62 /

+0.12 (+0.53%)

, CVNA

Carvana

$7.73 /

-0.58 (-6.98%)

, GOOG

Alphabet

$97.62 /

-0.9 (-0.91%)

, GOOGL

Alphabet

$97.27 /

-1.11 (-1.13%)

, AMZN

Amazon.com

$93.56 /

-1.2 (-1.27%)

, CLFD

Clearfield

$117.41 /

+24.81 (+26.79%)

, ROST

Ross Stores

$109.00 /

+11.13 (+11.37%)

, SPB

Spectrum Brands

$47.95 /

-1.31 (-2.66%)

, WSM

Williams-Sonoma

$121.90 /

-8.65 (-6.63%)

, GRND

Grindr

$44.60 /

+28.6 (+178.75%)

, TINV

Tiga Acquisition

$11.10 /

-0.31 (-2.72%)

, ISEE

Iveric bio

$22.00 /

+4.785 (+27.80%)

, APLS

Apellis

$51.69 /

+8.46 (+19.57%)

, ARDX

Ardelyx

$2.05 /

+0.34 (+19.88%)

, GTHX

G1 Therapeutics

$6.50 /

-1.93 (-22.89%)

, FTCH

Farfetch

$7.91 /

-1.23 (-13.46%)

, EDIT

Editas Medicine

$10.60 /

-0.4 (-3.64%)

Get caught up quickly on…

ShowHide Related Items >><<
WSM Williams-Sonoma
$121.90 /

-8.65 (-6.63%)

WBA Walgreens Boots Alliance
$39.71 /

-0.41 (-1.02%)

TINV Tiga Acquisition
$11.10 /

-0.31 (-2.72%)

SPB Spectrum Brands
$47.95 /

-1.31 (-2.66%)

SFTBY SoftBank Group
$22.62 /

+0.12 (+0.53%)

ROST Ross Stores
$109.00 /

+11.13 (+11.37%)

PANW Palo Alto Networks
$170.08 /

+13.33 (+8.50%)

JPM JPMorgan
$132.71 /

+0.06 (+0.05%)

JD JD.com
$55.43 /

-2.11 (-3.67%)

ISEE Iveric bio
$22.00 /

+4.785 (+27.80%)

HPQ HP Inc.
$29.23 /

-0.22 (-0.75%)

GTHX G1 Therapeutics
$6.50 /

-1.93 (-22.89%)

GRND Grindr
$44.60 /

+28.6 (+178.75%)

GPS Gap
$12.94 /

+0.215 (+1.69%)

GOOGL Alphabet
$97.27 /

-1.11 (-1.13%)

GOOG Alphabet
$97.62 /

-0.9 (-0.91%)

FTCH Farfetch
$7.91 /

-1.23 (-13.46%)

FL Foot Locker
$35.05 /

+1.95 (+5.89%)

EDIT Editas Medicine
$10.60 /

-0.4 (-3.64%)

DKNG DraftKings
$15.26 /

+0.36 (+2.42%)

CVNA Carvana
$7.73 /

-0.58 (-6.98%)

COIN Coinbase
$45.18 /

-3.61 (-7.40%)

CLFD Clearfield
$117.41 /

+24.81 (+26.79%)

ARDX Ardelyx
$2.05 /

+0.34 (+19.88%)

APLS Apellis
$51.69 /

+8.46 (+19.57%)

AMZN Amazon.com
$93.56 /

-1.2 (-1.27%)

AMAT Applied Materials
$105.02 /

+0.69 (+0.66%)

PANW Palo Alto Networks
$170.08 /

+13.33 (+8.50%)

11/18/22 Evercore ISI
Palo Alto Networks price target raised to $215 from $207 at Evercore ISI
11/18/22 BMO Capital
Palo Alto Networks price target raised to $225 from $218 at BMO Capital
11/18/22 Morgan Stanley
Palo Alto Networks 'ready to re-rate,' says Morgan Stanley
11/18/22 Deutsche Bank
Palo Alto Networks price target raised to $217 from $209 at Deutsche Bank
AMAT Applied Materials
$105.02 /

+0.69 (+0.66%)

11/18/22 DA Davidson
Applied Materials price target raised to $125 from $105 at DA Davidson
11/18/22 Evercore ISI
Applied Materials price target raised to $120 from $100 at Evercore ISI
11/18/22 Needham
Applied Materials price target raised to $120 from $90 at Needham
11/18/22 Craig-Hallum
Applied Materials price target raised to $126 from $95 at Craig-Hallum
GPS Gap
$12.94 /

+0.215 (+1.69%)

11/18/22 Jefferies
Gap price target raised to $13 from $11 at Jefferies
11/18/22 Wells Fargo
Gap price target raised to $12 from $10 at Wells Fargo
11/18/22 Citi
Gap 'not out of the woods yet' despite Q3 beat, says Citi
11/11/22 Citi
Gap price target raised to $8 from $7 at Citi
FL Foot Locker
$35.05 /

+1.95 (+5.89%)

11/14/22 Deutsche Bank
Foot Locker price target lowered to $31 from $34 at Deutsche Bank
11/11/22 Citi
Citi cuts Foot Locker target, opens 'negative catalyst watch'
10/31/22 JPMorgan
Foot Locker price target lowered to $37 from $40 at JPMorgan
08/23/22 Credit Suisse
Foot Locker price target raised to $40 from $31 at Credit Suisse
JD JD.com
$55.43 /

-2.11 (-3.67%)

11/14/22 Mizuho
JD.com price target lowered to $82 from $90 at Mizuho
10/31/22 Morgan Stanley
JD.com price target lowered to $55 from $80 at Morgan Stanley
10/28/22 Morgan Stanley
JD.com named a 'Catalyst Driven Idea' at Morgan Stanley
10/28/22 Barclays
JD.com price target lowered to $59 from $66 at Barclays
COIN Coinbase
$45.18 /

-3.61 (-7.40%)

11/18/22 Mizuho
Others gaining more share than Coinbase from FTX fall, says Mizuho
11/18/22 BofA
Coinbase downgraded to Neutral at BofA amid clouds from FTX fallout
11/18/22 BofA
Coinbase downgraded to Neutral from Buy at BofA
11/16/22 DA Davidson
Coinbase price target lowered to $70 from $100 at DA Davidson
HPQ HP Inc.
$29.23 /

-0.22 (-0.75%)

11/18/22 BofA
HP Inc. price target lowered to $27 from $30 at BofA
11/18/22 Citi
HP Inc. price target lowered to $31 from $33 at Citi
11/18/22 Credit Suisse
HP Inc. downgraded to Neutral from Outperform at Credit Suisse
10/17/22 Morgan Stanley
HP Inc. price target lowered to $24 from $28 at Morgan Stanley
DKNG DraftKings
$15.26 /

+0.36 (+2.42%)

11/18/22 Piper Sandler
DraftKings initiated with an Overweight at Piper Sandler
11/07/22 Craig-Hallum
DraftKings price target lowered to $21 from $30 at Craig-Hallum
11/07/22 Guggenheim
DraftKings price target lowered to $27 from $31 at Guggenheim
11/07/22 Canaccord
DraftKings price target lowered to $28 from $32 at Canaccord
WBA Walgreens Boots Alliance
$39.71 /

-0.41 (-1.02%)

11/18/22 JPMorgan
Walgreens Boots Alliance upgraded to Overweight from Neutral at JPMorgan
11/11/22 Deutsche Bank
Walgreens upgraded to Buy with $50 target at Deutsche Bank
11/11/22 Deutsche Bank
Walgreens Boots Alliance upgraded to Buy from Hold at Deutsche Bank
11/08/22 Truist
Walgreens Boots Alliance price target raised to $44 from $38 at Truist
JPM JPMorgan
$132.71 /

+0.06 (+0.05%)

10/17/22 Citi
JPMorgan shares offer 'excellent entry point,' says Citi
10/17/22 BMO Capital
JPMorgan price target raised to $158 from $149 at BMO Capital
10/05/22 Morgan Stanley
JPMorgan price target lowered to $126 from $127 at Morgan Stanley
10/04/22 Citi
Citi opens 'positive catalyst watch' on JPMorgan into results
SFTBY SoftBank Group
$22.62 /

+0.12 (+0.53%)

11/14/22 Jefferies
SoftBank Group downgraded to Underperform from Hold at Jefferies
10/26/22 Jefferies
SoftBank Group downgraded to Hold from Buy at Jefferies
02/08/22 Citi
Street largely expected Nvidia deal to fall through, says Citi
02/07/22 Citi
Alibaba filing may suggest Softbank intention to sell shares, says Citi
CVNA Carvana
$7.73 /

-0.58 (-6.98%)

11/18/22 JPMorgan
CarMax price target lowered to $60 from $70 at JPMorgan
11/15/22 Oppenheimer
Carvana downgraded to Perform from Outperform at Oppenheimer
11/07/22 Baird
Carvana price target lowered to $30 from $65 at Baird
11/04/22 RBC Capital
Carvana price target lowered to $14 from $35 at RBC Capital
GOOG Alphabet
$97.62 /

-0.9 (-0.91%)

11/15/22 Morgan Stanley
Alphabet price target lowered to $120 from $125 at Morgan Stanley
11/10/22 BofA
BofA downgrades Viant, sees things getting worse before better
11/09/22 Oppenheimer
Trade Desk price target lowered to $60 from $78 at Oppenheimer
10/31/22 Morgan Stanley
ADT Inc. resumed with an Equal Weight at Morgan Stanley
GOOGL Alphabet
$97.27 /

-1.11 (-1.13%)

AMZN Amazon.com
$93.56 /

-1.2 (-1.27%)

11/18/22 Erste Group
Amazon.com downgraded to Hold from Buy at Erste Group
11/15/22 MoffettNathanson
Amazon.com initiated with an Outperform at MoffettNathanson
11/14/22 JMP Securities
Amazon lay off news 'not surprising,' says JMP Securities
11/14/22 BofA
Amazon.com removed from 'US 1 List' at BofA
CLFD Clearfield
$117.41 /

+24.81 (+26.79%)

11/18/22 Needham
Clearfield price target raised to $135 from $115 at Needham
11/18/22 Lake Street
Clearfield price target raised to $135 from $122 at Lake Street
11/18/22 Northland
Clearfield price target raised to $120 from $110 at Northland
10/18/22 Needham
Clearfield price target raised to $115 from $110 at Needham
ROST Ross Stores
$109.00 /

+11.13 (+11.37%)

11/18/22 BMO Capital
Ross Stores price target raised to $113 from $95 at BMO Capital
11/18/22 Morgan Stanley
Ross Stores assumed with an Overweight at Morgan Stanley
11/18/22 Deutsche Bank
Ross Stores price target raised to $121 from $99 at Deutsche Bank
11/18/22 JPMorgan
Ross Stores price target raised to $121 from $112 at JPMorgan
SPB Spectrum Brands
$47.95 /

-1.31 (-2.66%)

09/16/22 Deutsche Bank
Spectrum Brands price target lowered to $68 from $90 at Deutsche Bank
08/15/22 Deutsche Bank
Spectrum Brands price target lowered to $90 from $95 at Deutsche Bank
08/15/22 UBS
Spectrum Brands price target lowered to $100 from $109 at UBS
08/15/22 RBC Capital
Spectrum Brands price target lowered to $109 from $120 at RBC Capital
WSM Williams-Sonoma
$121.90 /

-8.65 (-6.63%)

11/18/22 Wells Fargo
Williams-Sonoma price target lowered to $120 from $170 at Wells Fargo
11/18/22 Cowen
Williams-Sonoma price target lowered to $145 from $170 at Cowen
11/18/22 RBC Capital
Williams-Sonoma price target lowered to $151 from $192 at RBC Capital
11/11/22 JPMorgan
Williams-Sonoma price target lowered to $131 from $143 at JPMorgan
GRND Grindr
$44.60 /

+28.6 (+178.75%)

TINV Tiga Acquisition
$11.10 /

-0.31 (-2.72%)

ISEE Iveric bio
$22.00 /

+4.785 (+27.80%)

11/10/22 Jefferies
Apellis downgraded to Hold at Jefferies after doctor survey
11/10/22 Jefferies
Iveric bio downgraded to Hold at Jefferies after doctor survey
11/10/22 Jefferies
Iveric bio downgraded to Hold from Buy at Jefferies
10/17/22 B. Riley
Iveric bio upgraded to Neutral at B. Riley after competitor in GA 'disappoints'
APLS Apellis
$51.69 /

+8.46 (+19.57%)

11/10/22 Jefferies
Apellis downgraded to Hold from Buy at Jefferies
11/08/22 Wedbush
Apellis price target lowered to $47 from $59 at Wedbush
ARDX Ardelyx
$2.05 /

+0.34 (+19.88%)

11/17/22 Piper Sandler
Ardelyx upgraded to Overweight from Neutral at Piper Sandler
08/18/22 Citi
Ardelyx price target lowered to $10 from $12 at Citi
05/18/22 Piper Sandler
Ardelyx price target lowered to $3 from $4 at Piper Sandler
05/06/22 Cantor Fitzgerald
Ardelyx downgraded to Neutral from Overweight at Cantor Fitzgerald
GTHX G1 Therapeutics
$6.50 /

-1.93 (-22.89%)

11/02/22 H.C. Wainwright
G1 Therapeutics price target lowered to $57 from $67 at H.C. Wainwright
09/16/22 Wedbush
G1 Therapeutics price target raised to $25 from $20 at Wedbush
FTCH Farfetch
$7.91 /

-1.23 (-13.46%)

11/18/22 Morgan Stanley
Farfetch price target lowered to $24 from $26 at Morgan Stanley
11/18/22 JPMorgan
Farfetch earnings selloff a buying opportunity, says JPMorgan
11/18/22 BTIG
Farfetch price target lowered to $13 from $16 at BTIG
10/25/22 Morgan Stanley
Farfetch price target lowered to $26 from $32 at Morgan Stanley
EDIT Editas Medicine
$10.60 /

-0.4 (-3.64%)

11/18/22 Morgan Stanley
Editas Medicine price target lowered to $8 from $10 at Morgan Stanley
11/18/22 BofA
Editas' EDIT-101 setback 'not the end of the story,' says BofA
11/18/22 RBC Capital
Editas Medicine price target lowered to $14 from $32 at RBC Capital
11/18/22 Truist
Editas Medicine price target lowered to $35 from $80 at Truist
WSM Williams-Sonoma
$121.90 /

-8.65 (-6.63%)

WBA Walgreens Boots Alliance
$39.71 /

-0.41 (-1.02%)

SPB Spectrum Brands
$47.95 /

-1.31 (-2.66%)

SFTBY SoftBank Group
$22.62 /

+0.12 (+0.53%)

ROST Ross Stores
$109.00 /

+11.13 (+11.37%)

PANW Palo Alto Networks
$170.08 /

+13.33 (+8.50%)

JPM JPMorgan
$132.71 /

+0.06 (+0.05%)

JD JD.com
$55.43 /

-2.11 (-3.67%)

ISEE Iveric bio
$22.00 /

+4.785 (+27.80%)

HPQ HP Inc.
$29.23 /

-0.22 (-0.75%)

GTHX G1 Therapeutics
$6.50 /

-1.93 (-22.89%)

GPS Gap
$12.94 /

+0.215 (+1.69%)

GOOG Alphabet
$97.62 /

-0.9 (-0.91%)

FTCH Farfetch
$7.91 /

-1.23 (-13.46%)

FL Foot Locker
$35.05 /

+1.95 (+5.89%)

EDIT Editas Medicine
$10.60 /

-0.4 (-3.64%)

DKNG DraftKings
$15.26 /

+0.36 (+2.42%)

CVNA Carvana
$7.73 /

-0.58 (-6.98%)

COIN Coinbase
$45.18 /

-3.61 (-7.40%)

CLFD Clearfield
$117.41 /

+24.81 (+26.79%)

ARDX Ardelyx
$2.05 /

+0.34 (+19.88%)

AMZN Amazon.com
$93.56 /

-1.2 (-1.27%)

AMAT Applied Materials
$105.02 /

+0.69 (+0.66%)

  • 18
    Nov
  • 22
    Apr
  • 24
    Mar
WBA Walgreens Boots Alliance
$39.71 /

-0.41 (-1.02%)

SPB Spectrum Brands
$47.95 /

-1.31 (-2.66%)

SFTBY SoftBank Group
$22.62 /

+0.12 (+0.53%)

ROST Ross Stores
$109.00 /

+11.13 (+11.37%)

PANW Palo Alto Networks
$170.08 /

+13.33 (+8.50%)

JPM JPMorgan
$132.71 /

+0.06 (+0.05%)

JD JD.com
$55.43 /

-2.11 (-3.67%)

HPQ HP Inc.
$29.23 /

-0.22 (-0.75%)

GPS Gap
$12.94 /

+0.215 (+1.69%)

GOOG Alphabet
$97.62 /

-0.9 (-0.91%)

FTCH Farfetch
$7.91 /

-1.23 (-13.46%)

EDIT Editas Medicine
$10.60 /

-0.4 (-3.64%)

DKNG DraftKings
$15.26 /

+0.36 (+2.42%)

CVNA Carvana
$7.73 /

-0.58 (-6.98%)

COIN Coinbase
$45.18 /

-3.61 (-7.40%)

AMZN Amazon.com
$93.56 /

-1.2 (-1.27%)

AMAT Applied Materials
$105.02 /

+0.69 (+0.66%)

WSM Williams-Sonoma
$121.90 /

-8.65 (-6.63%)

WBA Walgreens Boots Alliance
$39.71 /

-0.41 (-1.02%)

SPB Spectrum Brands
$47.95 /

-1.31 (-2.66%)

SFTBY SoftBank Group
$22.62 /

+0.12 (+0.53%)

PANW Palo Alto Networks
$170.08 /

+13.33 (+8.50%)

JPM JPMorgan
$132.71 /

+0.06 (+0.05%)

JD JD.com
$55.43 /

-2.11 (-3.67%)

ISEE Iveric bio
$22.00 /

+4.785 (+27.80%)

HPQ HP Inc.
$29.23 /

-0.22 (-0.75%)

GTHX G1 Therapeutics
$6.50 /

-1.93 (-22.89%)

GPS Gap
$12.94 /

+0.215 (+1.69%)

GOOG Alphabet
$97.62 /

-0.9 (-0.91%)

FTCH Farfetch
$7.91 /

-1.23 (-13.46%)

FL Foot Locker
$35.05 /

+1.95 (+5.89%)

DKNG DraftKings
$15.26 /

+0.36 (+2.42%)

CVNA Carvana
$7.73 /

-0.58 (-6.98%)

COIN Coinbase
$45.18 /

-3.61 (-7.40%)

CLFD Clearfield
$117.41 /

+24.81 (+26.79%)

APLS Apellis
$51.69 /

+8.46 (+19.57%)

AMZN Amazon.com
$93.56 /

-1.2 (-1.27%)

AMAT Applied Materials
$105.02 /

+0.69 (+0.66%)

WSM Williams-Sonoma
$121.90 /

-8.65 (-6.63%)

WBA Walgreens Boots Alliance
$39.71 /

-0.41 (-1.02%)

ROST Ross Stores
$109.00 /

+11.13 (+11.37%)

PANW Palo Alto Networks
$170.08 /

+13.33 (+8.50%)

JPM JPMorgan
$132.71 /

+0.06 (+0.05%)

JD JD.com
$55.43 /

-2.11 (-3.67%)

ISEE Iveric bio
$22.00 /

+4.785 (+27.80%)

HPQ HP Inc.
$29.23 /

-0.22 (-0.75%)

GPS Gap
$12.94 /

+0.215 (+1.69%)

GOOGL Alphabet
$97.27 /

-1.11 (-1.13%)

GOOG Alphabet
$97.62 /

-0.9 (-0.91%)

FTCH Farfetch
$7.91 /

-1.23 (-13.46%)

FL Foot Locker
$35.05 /

+1.95 (+5.89%)

DKNG DraftKings
$15.26 /

+0.36 (+2.42%)

CVNA Carvana
$7.73 /

-0.58 (-6.98%)

COIN Coinbase
$45.18 /

-3.61 (-7.40%)

CLFD Clearfield
$117.41 /

+24.81 (+26.79%)

ARDX Ardelyx
$2.05 /

+0.34 (+19.88%)

AMZN Amazon.com
$93.56 /

-1.2 (-1.27%)

AMAT Applied Materials
$105.02 /

+0.69 (+0.66%)

Recommendations
Clearfield price target raised to $135 from $115 at Needham » 08:59
11/18/22
11/18
08:59
11/18/22
08:59
CLFD

Clearfield

$92.22 /

-0.37 (-0.40%)

Needham analyst Ryan…

Needham analyst Ryan Koontz raised the firm's price target on Clearfield to $135 from $115 and keeps a Buy rating on the shares. The company CLFD delivered "another very strong" quarter and its backlog "remained strong," Koontz tells investors in a research note. The analyst says his updated fiscal 2023 estimates are now near double since his December 13 initiation. With over $90B in U.S. rural broadband subsidies "just beginning to trickle in" ahead of a multi-year cycle and Clearfield developing plans to enter Europe, the stock remains a top pick, Koontz writes.

ShowHide Related Items >><<
CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

11/18/22 Lake Street
Clearfield price target raised to $135 from $122 at Lake Street
11/18/22 Northland
Clearfield price target raised to $120 from $110 at Northland
10/18/22 Needham
Clearfield price target raised to $115 from $110 at Needham
09/13/22 WestPark Capital
Clearfield initiated with a Hold at WestPark Capital
CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

Recommendations
Clearfield price target raised to $135 from $122 at Lake Street » 08:43
11/18/22
11/18
08:43
11/18/22
08:43
CLFD

Clearfield

$92.22 /

-0.37 (-0.40%)

, VIAV

Viavi

$10.90 /

+0.05 (+0.46%)

Lake Street analyst…

Lake Street analyst Jaeson Schmidt raised the firm's price target on Clearfield (CLFD) to $135 from $122 and keeps a Buy rating on the shares after the company reported fiscal Q4 revenue that came in 33% above consensus' estimate and EPS that was 42% higher. The "massive guide" for FY23 revenue to grow 40%-45% year-over-year "will unsurprisingly get the most attention," especially after concerns following Viavi Solutions' (VIAV) results two weeks ago, said Schmidt. However, he believes management is "baking in a healthy amount of conservatism" and reminds investors they previously ended up raising FY22 guidance four times.

ShowHide Related Items >><<
VIAV Viavi
$10.90 /

+0.05 (+0.46%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

11/18/22 Northland
Clearfield price target raised to $120 from $110 at Northland
10/18/22 Needham
Clearfield price target raised to $115 from $110 at Needham
09/13/22 WestPark Capital
Clearfield initiated with a Hold at WestPark Capital
09/06/22 Northland
Clearfield price target raised to $110 from $95 at Northland
VIAV Viavi
$10.90 /

+0.05 (+0.46%)

11/04/22 B. Riley
Viavi downgraded to Neutral from Buy at B. Riley
10/05/22 Rosenblatt
Viavi initiated with a Buy at Rosenblatt
08/12/22 Susquehanna
Viavi price target lowered to $18 from $20 at Susquehanna
07/19/22 Needham
Viavi cut to Hold at Needham on larger exposure to EMEA, iPhone sales pressure
VIAV Viavi
$10.90 /

+0.05 (+0.46%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

VIAV Viavi
$10.90 /

+0.05 (+0.46%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

Hot Stocks
Clearfield jumps 15% to $107.06 after Q4 beat, above-consensus outlook  07:41
11/18/22
11/18
07:41
11/18/22
07:41
CLFD

Clearfield

$92.22 /

-0.37 (-0.40%)

 
ShowHide Related Items >><<
CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

11/18/22 Northland
Clearfield price target raised to $120 from $110 at Northland
10/18/22 Needham
Clearfield price target raised to $115 from $110 at Needham
09/13/22 WestPark Capital
Clearfield initiated with a Hold at WestPark Capital
09/06/22 Northland
Clearfield price target raised to $110 from $95 at Northland
CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

Earnings
Clearfield sees fiscal 2023 revenue $380M-$393M, consensus $299.49M » 07:40
11/18/22
11/18
07:40
11/18/22
07:40
CLFD

Clearfield

$92.22 /

-0.37 (-0.40%)

The company said,…

The company said, "Our backlog currently stands at an unprecedented $165 million, including $4 million from Nestor Cables, with roughly two thirds of that total scheduled for customer deployments in the next two quarters. We anticipate revenues to follow year over year seasonal patterns, resulting in expected strong year-over-year growth in the first half of fiscal year 2023. While our pipeline and outlook remain strong, there continues to be uncertainty that we expect will be most prevalent in the second half of our fiscal year 2023 regarding the availability of labor necessary for our customers to build their networks. We will continue to build capacity and expect to reduce our order backlog and as a result the lead-time associated with our product lines. We are guiding to estimated revenue of $380 million to $393 million representing 40% to 45% growth over fiscal year 2022."

ShowHide Related Items >><<
CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

11/18/22 Northland
Clearfield price target raised to $120 from $110 at Northland
10/18/22 Needham
Clearfield price target raised to $115 from $110 at Needham
09/13/22 WestPark Capital
Clearfield initiated with a Hold at WestPark Capital
09/06/22 Northland
Clearfield price target raised to $110 from $95 at Northland
CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

Recommendations
Clearfield price target raised to $120 from $110 at Northland » 07:39
11/18/22
11/18
07:39
11/18/22
07:39
CLFD

Clearfield

$92.22 /

-0.37 (-0.40%)

Northland analyst Tim…

Northland analyst Tim Savageaux raised the firm's price target on Clearfield to $120 from $110 and keeps an Outperform rating on the shares as he increased his FY23 estimates "substantially" after what he notes was the company's "third straight" quarter of "much better than expected results." Rural fiber growth remained strong and this was joined by "a dramatic increase" in Cable revenue and the inclusion of the Nestor Cables acquisition, noted Savageaux, who also points out that the company's backlog continued to increase, though at a slower rate.

ShowHide Related Items >><<
CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

10/18/22 Needham
Clearfield price target raised to $115 from $110 at Needham
09/13/22 WestPark Capital
Clearfield initiated with a Hold at WestPark Capital
09/06/22 Northland
Clearfield price target raised to $110 from $95 at Northland
07/29/22 Lake Street
Clearfield price target raised to $104 from $75 at Lake Street
CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

Earnings
Clearfield reports Q4 EPS $1.22, consensus 86c » 07:39
11/18/22
11/18
07:39
11/18/22
07:39
CLFD

Clearfield

$92.22 /

-0.37 (-0.40%)

Reports Q4 revenue…

Reports Q4 revenue $95.0M, consensus $71.42M. The company said in last night's earnings release, "As reflected in its record financial performance in the fiscal fourth quarter, Clearfield continues to convincingly execute on its strategic growth plan to capitalize on the market demand for fiber-fed broadband,. Total net sales for the fourth quarter were $95 million. Revenues in our Community Broadband market were particularly strong, up 91% over the prior-year period. Clearfield is a major player in delivering high-speed broadband to underserved and unserved communities across the United States. We recently launched our new multi-year strategic plan, LEAP, to step up our ability to scale our business to meet this historic opportunity in broadband infrastructure investment. By leveraging our decade-long excellence in Community Broadband, continuing to enhance our capacity, further investing in operational infrastructure, and innovating new connectivity products, we believe we can deliver on our value proposition to our customers and continue to build upon our market share. We recently introduced our new CraftSmart FiberFirst Pedestal, which is the first of its kind in the industry and exemplifies how our thoughtfully designed products are optimized for rapid fiber deployment."

ShowHide Related Items >><<
CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

10/18/22 Needham
Clearfield price target raised to $115 from $110 at Needham
09/13/22 WestPark Capital
Clearfield initiated with a Hold at WestPark Capital
09/06/22 Northland
Clearfield price target raised to $110 from $95 at Northland
07/29/22 Lake Street
Clearfield price target raised to $104 from $75 at Lake Street
CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

CLFD Clearfield
$92.22 /

-0.37 (-0.40%)

Options
Clearfield options imply 9.6% move in share price post-earnings » 14:34
11/17/22
11/17
14:34
11/17/22
14:34
CLFD

Clearfield

$92.13 /

-0.46 (-0.50%)

Pre-earnings options…

Pre-earnings options volume in Clearfield is 1.2x normal with calls leading puts 15:2. Implied volatility suggests the market is anticipating a move near 9.6%, or $8.91, after results are released. Median move over the past eight quarters is 12.0%.

ShowHide Related Items >><<
CLFD Clearfield
$92.13 /

-0.46 (-0.50%)

CLFD Clearfield
$92.13 /

-0.46 (-0.50%)

10/18/22 Needham
Clearfield price target raised to $115 from $110 at Needham
09/13/22 WestPark Capital
Clearfield initiated with a Hold at WestPark Capital
09/06/22 Northland
Clearfield price target raised to $110 from $95 at Northland
07/29/22 Lake Street
Clearfield price target raised to $104 from $75 at Lake Street
CLFD Clearfield
$92.13 /

-0.46 (-0.50%)

CLFD Clearfield
$92.13 /

-0.46 (-0.50%)

Over a month ago
Recommendations
Clearfield price target raised to $115 from $110 at Needham » 08:15
10/18/22
10/18
08:15
10/18/22
08:15
CLFD

Clearfield

$100.10 /

+5.75 (+6.09%)

Needham analyst Ryan…

Needham analyst Ryan Koontz raised the firm's price target on Clearfield to $115 from $110 and keeps a Buy rating on the shares. The analyst believes demand in Q3 was strong for broadband companies and views the setup through the first half of 2023 and beyond positively on increasing demand from U.S. and European fiber-to-the-home and cable broadband upgrades. He expects improving supply chain dynamics from reduced logistics costs that began in Q2 and "far fewer" supplier de-commits and improving chip volumes in Q3. Meaningful gross margin expansion, however appears unlikely until next year due to the delay between cost of goods sold increase and revenue shipments, Koontz tells investors in a research note.

ShowHide Related Items >><<
CLFD Clearfield
$100.10 /

+5.75 (+6.09%)

CLFD Clearfield
$100.10 /

+5.75 (+6.09%)

09/13/22 WestPark Capital
Clearfield initiated with a Hold at WestPark Capital
09/06/22 Northland
Clearfield price target raised to $110 from $95 at Northland
07/29/22 Lake Street
Clearfield price target raised to $104 from $75 at Lake Street
07/29/22 Northland
Clearfield price target raised to $95 from $78 at Northland
CLFD Clearfield
$100.10 /

+5.75 (+6.09%)

CLFD Clearfield
$100.10 /

+5.75 (+6.09%)

Conference/Events
Clearfield management to meet virtually with Needham » 04:55
09/30/22
09/30
04:55
09/30/22
04:55
CLFD

Clearfield

$98.63 /

+2.235 (+2.32%)

Virtual Meeting to be…

Virtual Meeting to be held on September 30 hosted by Needham.

ShowHide Related Items >><<
CLFD Clearfield
$98.63 /

+2.235 (+2.32%)

CLFD Clearfield
$98.63 /

+2.235 (+2.32%)

09/13/22 WestPark Capital
Clearfield initiated with a Hold at WestPark Capital
09/06/22 Northland
Clearfield price target raised to $110 from $95 at Northland
07/29/22 Lake Street
Clearfield price target raised to $104 from $75 at Lake Street
07/29/22 Northland
Clearfield price target raised to $95 from $78 at Northland
CLFD Clearfield
$98.63 /

+2.235 (+2.32%)

CLFD Clearfield
$98.63 /

+2.235 (+2.32%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.