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Recommendations
Descartes Systems price target raised to $47 from $43 at BMO Capital » 08:09
05/28/20
05/28
08:09
05/28/20
08:09
DSGX

Descartes Systems

$45.07 /

-0.98 (-2.13%)

BMO Capital analyst…

BMO Capital analyst Thanos Moschopoulos raised the firm's price target on Descartes Systems to $47 from $43 and keeps a Market Perform rating on the shares after its Q1 results and to reflect the recent multiple expansion across the SaaS universe. The company can continue to successfully execute on its strategy of delivering consistent EBITDA growth even in the current climate, the analyst tells investors in a research note, though on a relative basis, he prefers other "software consolidators".

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DSGX Descartes Systems
$45.07 /

-0.98 (-2.13%)

DSGX Descartes Systems
$45.07 /

-0.98 (-2.13%)

05/28/20 Canaccord
Descartes Systems price target raised to $50 from $45 at Canaccord
01/10/20 Barclays
Descartes Systems downgraded to Equal Weight from Overweight at Barclays
12/05/19 Canaccord
Descartes Systems price target raised to $48 from $44 at Canaccord
08/22/19 Wolfe Research
Descartes Systems initiated with an Outperform at Wolfe Research
DSGX Descartes Systems
$45.07 /

-0.98 (-2.13%)

Recommendations
Descartes Systems price target raised to $50 from $45 at Canaccord » 07:37
05/28/20
05/28
07:37
05/28/20
07:37
DSGX

Descartes Systems

/

+

Canaccord analyst David…

Canaccord analyst David Hynes raised the firm's price target on Descartes Systems to $50 from $45 and keeps a Buy rating on the shares. The analyst said the company remains a reliable engine of growth despite the uncertainty of the pandemic. He has lowered his multiple in the previous quarter but has restored it leading to his price increase.

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DSGX Descartes Systems
/

+

DSGX Descartes Systems
/

+

01/10/20 Barclays
Descartes Systems downgraded to Equal Weight from Overweight at Barclays
12/05/19 Canaccord
Descartes Systems price target raised to $48 from $44 at Canaccord
08/22/19 Wolfe Research
Descartes Systems initiated with an Outperform at Wolfe Research
07/02/19 Stephens
Stephens starts Descartes Systems at Equal Weight with $40 price target
DSGX Descartes Systems
/

+

Wednesday
Hot Stocks
Descartes Systems announces restructuring plan, 5% reduction of workforce » 16:15
05/27/20
05/27
16:15
05/27/20
16:15
DSGX

Descartes Systems

$45.07 /

-0.98 (-2.13%)

In light of the economic…

In light of the economic uncertainty to some of Descartes' customers caused by COVID-19, Descartes is undertaking a restructuring plan to reduce its cost base. The plan will reduce Descartes' global workforce by approximately 5% while also providing for the closure of several office facilities where work from home arrangements have proven to be a viable option. The cost of the restructuring is expected to be approximately $2M. Restructuring activities are substantially advanced with activities anticipated to be completed over the next six months. Once completed, Descartes anticipates annualized cost savings of approximately $6M-$7M.

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DSGX Descartes Systems
$45.07 /

-0.98 (-2.13%)

DSGX Descartes Systems
$45.07 /

-0.98 (-2.13%)

01/10/20 Barclays
Descartes Systems downgraded to Equal Weight from Overweight at Barclays
12/05/19 Canaccord
Descartes Systems price target raised to $48 from $44 at Canaccord
08/22/19 Wolfe Research
Descartes Systems initiated with an Outperform at Wolfe Research
07/02/19 Stephens
Stephens starts Descartes Systems at Equal Weight with $40 price target
DSGX Descartes Systems
$45.07 /

-0.98 (-2.13%)

Earnings
Descartes Systems reports Q1 EPS 13c, consensus 13c » 16:05
05/27/20
05/27
16:05
05/27/20
16:05
DSGX

Descartes Systems

$45.02 /

-1.03 (-2.24%)

Reports Q1 revenue…

Reports Q1 revenue $83.7M, consensus $85.54M. "Customers depend on us to help them move goods and manage assets. This is even more important when complex supply chains meet rapid swings in global demand, regulation and restrictions," said Edward Ryan, Descartes' CEO. "We have some customers who are struggling to keep up with demand in their business, while others have seen sharp drops. Regardless of the market dynamics they face, our Global Logistics Network is proving essential to helping them connect and collaborate to better manage the lifecycle of shipments. Recognizing this, we've calibrated our business so we remain in a strong position to continue to deliver superior results for our customers and other stakeholders."

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DSGX Descartes Systems
$45.02 /

-1.03 (-2.24%)

DSGX Descartes Systems
$45.02 /

-1.03 (-2.24%)

01/10/20 Barclays
Descartes Systems downgraded to Equal Weight from Overweight at Barclays
12/05/19 Canaccord
Descartes Systems price target raised to $48 from $44 at Canaccord
08/22/19 Wolfe Research
Descartes Systems initiated with an Outperform at Wolfe Research
07/02/19 Stephens
Stephens starts Descartes Systems at Equal Weight with $40 price target
DSGX Descartes Systems
$45.02 /

-1.03 (-2.24%)

Conference/Events
TD Securities to hold a virtual conference » 09:14
05/27/20
05/27
09:14
05/27/20
09:14
TU

Telus

$16.86 /

+0.69 (+4.27%)

, TRI

Thomson Reuters

$66.60 /

+0.39 (+0.59%)

, SJR

Shaw Communications

$16.67 /

+0.69 (+4.32%)

, RCI

Rogers Communications

$40.99 /

+1.83 (+4.67%)

, QBCRF

Quebecor

$0.00 /

+ (+0.00%)

, CJREF

Corus Entertainment

$0.00 /

+ (+0.00%)

, BCE

BCE

$40.40 /

+1.325 (+3.39%)

2020 Telecom & Media…

2020 Telecom & Media Virtual Conference will be held on May 27. Webcast Link

ShowHide Related Items >><<
TU Telus
$16.86 /

+0.69 (+4.27%)

TRI Thomson Reuters
$66.60 /

+0.39 (+0.59%)

SJR Shaw Communications
$16.67 /

+0.69 (+4.32%)

RCI Rogers Communications
$40.99 /

+1.83 (+4.67%)

BCE BCE
$40.40 /

+1.325 (+3.39%)

TU Telus
$16.86 /

+0.69 (+4.27%)

05/08/20 CIBC
Telus price target lowered to C$26 from C$27 at CIBC
05/08/20 Canaccord
Telus price target raised to C$23 from C$22 at Canaccord
04/30/20 Scotiabank
Telus price target lowered to C$27 from C$27.50 at Scotiabank
04/14/20 BMO Capital
Telus upgraded to Outperform from Market Perform at BMO Capital
TRI Thomson Reuters
$66.60 /

+0.39 (+0.59%)

05/06/20
Fly Intel: Top five analyst downgrades
05/06/20
Fly Intel: Top five analyst upgrades
05/06/20 TD Securities
TD downgrades Thomson Reuters on valuation following BMO upgrade
05/06/20 TD Securities
Thomson Reuters downgraded to Hold from Buy at TD Securities
SJR Shaw Communications
$16.67 /

+0.69 (+4.32%)

04/13/20 Canaccord
Canaccord keeps Buy rating on Shaw after 'encouraging comments' in Q2 report
03/18/20 RBC Capital
Shaw Communications price target lowered to C$25 from C$29 at RBC Capital
10/21/19 TD Securities
Shaw Communications downgraded to Buy from Action List Buy at TD Securities
07/22/19 Canaccord
Canaccord shakes up Canada telecom ratings, upgrades Shaw, downgrades Telus
RCI Rogers Communications
$40.99 /

+1.83 (+4.67%)

05/26/20 Scotiabank
Rogers Communications price target lowered to C$64 from C$65 at Scotiabank
04/23/20 Canaccord
Rogers Communications price target raised to C$60 from C$57 at Canaccord
04/23/20 RBC Capital
Rogers Communications price target lowered to C$63 from C$64 at RBC Capital
04/23/20 Canaccord
Rogers Communications remains well positioned medium-term, says Canaccord
QBCRF Quebecor
$0.00 /

+ (+0.00%)

05/15/20 TD Securities
Quebecor price target raised to C$36 from C$35 at TD Securities
03/18/20 RBC Capital
Quebecor price target lowered to C$34 from C$38 at RBC Capital
03/13/20 TD Securities
Quebecor price target lowered to C$36 from C$37 at TD Securities
CJREF Corus Entertainment
$0.00 /

+ (+0.00%)

05/26/20 Scotiabank
Corus Entertainment price target raised to C$5 from C$4 at Scotiabank
04/02/20 BMO Capital
Corus Entertainment price target lowered to C$3 from C$6.50 at BMO Capital
04/02/20 CIBC
Corus Entertainment price target lowered to C$5 from C$9 at CIBC
03/30/20 RBC Capital
Corus Entertainment price target lowered to C$4 from C$7 at RBC Capital
BCE BCE
$40.40 /

+1.325 (+3.39%)

05/08/20 CIBC
BCE price target lowered to C$61 from C$63 at CIBC
05/08/20 Canaccord
BCE price target raised to C$59 from C$58 at Canaccord
04/30/20 Scotiabank
BCE price target lowered to C$63 from C$64.50 at Scotiabank
04/07/20 Veritas
BCE downgraded to Sell from Buy at Veritas
TRI Thomson Reuters
$66.60 /

+0.39 (+0.59%)

SJR Shaw Communications
$16.67 /

+0.69 (+4.32%)

RCI Rogers Communications
$40.99 /

+1.83 (+4.67%)

BCE BCE
$40.40 /

+1.325 (+3.39%)

TU Telus
$16.86 /

+0.69 (+4.27%)

TRI Thomson Reuters
$66.60 /

+0.39 (+0.59%)

RCI Rogers Communications
$40.99 /

+1.83 (+4.67%)

RCI Rogers Communications
$40.99 /

+1.83 (+4.67%)

Over a week ago
Hot Stocks
Verizon reports creation of virtual lab to accelerate 5G application development » 12:05
05/20/20
05/20
12:05
05/20/20
12:05
VZ

Verizon

$54.72 /

+0.35 (+0.64%)

Verizon announced what it…

Verizon announced what it called "several new 5G milestones," including the creation of a virtual lab to accelerate the development of new 5G solutions and applications for consumers, businesses and government agencies. Verizon also reported 5G Ultra Wideband availability in San Diego this month, noting it will be Verizon's 35th city to receive 5G mobility service. Verizon also announced the roll out of 5G uploads in all existing 5G Ultra Wideband cities and four new 5G technology partners who will help extend millimeter wave 5G coverage. Kyle Malady, chief technology officer for Verizon, said: "We're building our 5G Ultra Wideband network to develop and enable the 5G innovations that will support changing the behavior of consumers, businesses and entire industries."

ShowHide Related Items >><<
VZ Verizon
$54.72 /

+0.35 (+0.64%)

VZ Verizon
$54.72 /

+0.35 (+0.64%)

05/20/20 KeyBanc
T-Mobile price target raised to $126 from $104 at KeyBanc
05/04/20 Needham
Ceragon longer-term news continues to improve, says Needham
04/28/20 SunTrust
Verizon price target raised to $65 from $60 at SunTrust
04/27/20 Citi
Verizon price target raised to $60 from $55 at Citi
VZ Verizon
$54.72 /

+0.35 (+0.64%)

VZ Verizon
$54.72 /

+0.35 (+0.64%)

VZ Verizon
$54.72 /

+0.35 (+0.64%)

VZ Verizon
$54.72 /

+0.35 (+0.64%)

Recommendations
T-Mobile price target raised to $126 from $104 at KeyBanc » 07:26
05/20/20
05/20
07:26
05/20/20
07:26
TMUS

T-Mobile

$98.45 /

-3.44 (-3.38%)

, T

AT&T

$28.95 /

-0.49 (-1.66%)

, VZ

Verizon

$54.37 /

-1.32 (-2.37%)

KeyBanc analyst Brandon…

KeyBanc analyst Brandon Nispel raised the firm's price target on T-Mobile (TMUS) to $126 from $104, while keeping an Overweight rating on the shares given his conviction level in the company's ability to execute on its cost efficiencies. The analyst notes that AT&T (T), T-Mobile and Verizon (VZ) store transaction dollars are down (45%) year-over-year in the month of April in his Key First Look Data, a slight deceleration from (42%) in March. Nispel believes T-Mobile benefits the most from store closures as the company can accelerate merger synergies. Post-COVID-19, he expects wireless retail distribution to shift more rapidly to digital distribution and service, which the analyst thinks is half the cost of physical retail distribution.

ShowHide Related Items >><<
VZ Verizon
$54.37 /

-1.32 (-2.37%)

TMUS T-Mobile
$98.45 /

-3.44 (-3.38%)

T AT&T
$28.95 /

-0.49 (-1.66%)

TMUS T-Mobile
$98.45 /

-3.44 (-3.38%)

05/12/20 Citi
T-Mobile price target raised to $115 from $103 at Citi
05/07/20 JPMorgan
T-Mobile added to Analyst Focus List at JPMorgan
05/07/20 KeyBanc
T-Mobile price target raised to $104 from $99 at KeyBanc
05/07/20 Nomura Instinet
T-Mobile price target raised to $110 from $102 at Nomura Instinet
T AT&T
$28.95 /

-0.49 (-1.66%)

05/05/20 Needham
Five9 price target raised to $115 from $82 at Needham
05/04/20 Needham
Ceragon longer-term news continues to improve, says Needham
04/28/20 Deutsche Bank
AT&T price target lowered to $38 from $45 at Deutsche Bank
04/24/20 DZ Bank
AT&T downgraded to Sell from Hold at DZ Bank
VZ Verizon
$54.37 /

-1.32 (-2.37%)

04/28/20 SunTrust
Verizon price target raised to $65 from $60 at SunTrust
04/27/20 Citi
Verizon price target raised to $60 from $55 at Citi
04/16/20 William Blair
William Blair sees 'limited' risk to Zoom from Verizon deal for BlueJeans
VZ Verizon
$54.37 /

-1.32 (-2.37%)

TMUS T-Mobile
$98.45 /

-3.44 (-3.38%)

T AT&T
$28.95 /

-0.49 (-1.66%)

VZ Verizon
$54.37 /

-1.32 (-2.37%)

TMUS T-Mobile
$98.45 /

-3.44 (-3.38%)

T AT&T
$28.95 /

-0.49 (-1.66%)

VZ Verizon
$54.37 /

-1.32 (-2.37%)

TMUS T-Mobile
$98.45 /

-3.44 (-3.38%)

T AT&T
$28.95 /

-0.49 (-1.66%)

VZ Verizon
$54.37 /

-1.32 (-2.37%)

TMUS T-Mobile
$98.45 /

-3.44 (-3.38%)

T AT&T
$28.95 /

-0.49 (-1.66%)

Hot Stocks
Telus announces launch of Telus Online Security with partner NortonLifeLock » 13:33
05/19/20
05/19
13:33
05/19/20
13:33
TU

Telus

$16.33 /

+0.11 (+0.68%)

, NLOK

NortonLifeLock

$20.12 /

+0.19 (+0.95%)

Telus (TU) and…

Telus (TU) and NortonLifeLock (NLOK) announced the launch of Telus Online Security, which features Norton 360 Basic and Norton 360 with LifeLock Basic Plus to provide "key cyber safety, device security and online privacy services." Samir Kapuria, President of NortonLifeLock, said, "Unfortunately, there is no honor with identity thieves, as they are exploiting global events to trick consumers into giving away their personal and financial information across a myriad of scams, fake websites and malware. We are excited to work with TELUS on the mission to bring our cyber safety capabilities across security, identity restoration and privacy into the TELUS Online Security Plans enabling more people to better safeguard their devices and personal data, as well as provide full-service identity theft restoration help."

ShowHide Related Items >><<
TU Telus
$16.33 /

+0.11 (+0.68%)

NLOK NortonLifeLock
$20.12 /

+0.19 (+0.95%)

TU Telus
$16.33 /

+0.11 (+0.68%)

05/08/20 CIBC
Telus price target lowered to C$26 from C$27 at CIBC
05/08/20 Canaccord
Telus price target raised to C$23 from C$22 at Canaccord
04/30/20 Scotiabank
Telus price target lowered to C$27 from C$27.50 at Scotiabank
04/14/20 BMO Capital
Telus upgraded to Outperform from Market Perform at BMO Capital
NLOK NortonLifeLock
$20.12 /

+0.19 (+0.95%)

05/15/20 Mizuho
NortonLifeLock price target raised to $23 from $21 at Mizuho
03/25/20 Morgan Stanley
Morgan Stanley still sees EPS growth path at NortonLifeLock, ups to Overweight
03/25/20 Morgan Stanley
NortonLifeLock upgraded to Overweight from Equal Weight at Morgan Stanley
02/07/20 Mizuho
NortonLifeLock price target raised to $21 from $19 at Mizuho
NLOK NortonLifeLock
$20.12 /

+0.19 (+0.95%)

TU Telus
$16.33 /

+0.11 (+0.68%)

NLOK NortonLifeLock
$20.12 /

+0.19 (+0.95%)

NLOK NortonLifeLock
$20.12 /

+0.19 (+0.95%)

NLOK NortonLifeLock
$20.12 /

+0.19 (+0.95%)

Conference/Events
UBS to hold a virtual conference » 08:50
05/18/20
05/18
08:50
05/18/20
08:50
AMT

American Tower

$229.82 /

+0.36 (+0.16%)

, T

AT&T

$28.30 /

-0.29 (-1.01%)

, TMUS

T-Mobile

$97.38 /

+2.45 (+2.58%)

, VZ

Verizon

$54.73 /

-0.175 (-0.32%)

Future of 5G Virtual…

Future of 5G Virtual Conference will be held on May 18.

ShowHide Related Items >><<
VZ Verizon
$54.73 /

-0.175 (-0.32%)

TMUS T-Mobile
$97.38 /

+2.45 (+2.58%)

T AT&T
$28.30 /

-0.29 (-1.01%)

AMT American Tower
$229.82 /

+0.36 (+0.16%)

AMT American Tower
$229.82 /

+0.36 (+0.16%)

05/06/20 Wells Fargo
American Tower price target raised to $272 from $265 at Wells Fargo
04/30/20 Credit Suisse
American Tower price target lowered to $300 from $308 at Credit Suisse
04/28/20 Credit Suisse
American Tower initiated with an Outperform at Credit Suisse
04/23/20 Oppenheimer
Facebook stake in Reliance Jio positive for American Tower, says Oppenheimer
T AT&T
$28.30 /

-0.29 (-1.01%)

05/05/20 Needham
Five9 price target raised to $115 from $82 at Needham
05/04/20 Needham
Ceragon longer-term news continues to improve, says Needham
04/28/20 Deutsche Bank
AT&T price target lowered to $38 from $45 at Deutsche Bank
04/24/20 DZ Bank
AT&T downgraded to Sell from Hold at DZ Bank
TMUS T-Mobile
$97.38 /

+2.45 (+2.58%)

05/12/20 Citi
T-Mobile price target raised to $115 from $103 at Citi
05/07/20 JPMorgan
T-Mobile added to Analyst Focus List at JPMorgan
05/07/20 KeyBanc
T-Mobile price target raised to $104 from $99 at KeyBanc
05/07/20 Nomura Instinet
T-Mobile price target raised to $110 from $102 at Nomura Instinet
VZ Verizon
$54.73 /

-0.175 (-0.32%)

04/28/20 SunTrust
Verizon price target raised to $65 from $60 at SunTrust
04/27/20 Citi
Verizon price target raised to $60 from $55 at Citi
04/16/20 William Blair
William Blair sees 'limited' risk to Zoom from Verizon deal for BlueJeans
VZ Verizon
$54.73 /

-0.175 (-0.32%)

TMUS T-Mobile
$97.38 /

+2.45 (+2.58%)

T AT&T
$28.30 /

-0.29 (-1.01%)

AMT American Tower
$229.82 /

+0.36 (+0.16%)

VZ Verizon
$54.73 /

-0.175 (-0.32%)

TMUS T-Mobile
$97.38 /

+2.45 (+2.58%)

T AT&T
$28.30 /

-0.29 (-1.01%)

AMT American Tower
$229.82 /

+0.36 (+0.16%)

VZ Verizon
$54.73 /

-0.175 (-0.32%)

TMUS T-Mobile
$97.38 /

+2.45 (+2.58%)

T AT&T
$28.30 /

-0.29 (-1.01%)

VZ Verizon
$54.73 /

-0.175 (-0.32%)

TMUS T-Mobile
$97.38 /

+2.45 (+2.58%)

T AT&T
$28.30 /

-0.29 (-1.01%)

AMT American Tower
$229.82 /

+0.36 (+0.16%)

Hot Stocks
Verizon welcomes 390 new employees following close of BlueJeans deal » 07:05
05/18/20
05/18
07:05
05/18/20
07:05
VZ

Verizon

$54.73 /

-0.175 (-0.32%)

Verizon welcomes 390 new…

Verizon welcomes 390 new employees after officially closing the deal with BlueJeans Network, Inc. on May 15. Keeping businesses connected has always been a priority for Verizon. Adding BlueJeans to Verizon's Advanced Communications portfolio is critical now more than ever to keep businesses, from small organizations to some of the world's largest multinational brands, operating at the highest level. BlueJeans products complement Verizon's mobile-first business solutions, like One Talk, and will be deeply integrated into Verizon's current and future 5G product roadmap. BlueJeans enables cloud-based meetings and large, interactive events that are simple, scalable and secure. BlueJeans' founders and employees join Verizon as Verizon employees and will work together to lead the continued growth and innovation of the business.

ShowHide Related Items >><<
VZ Verizon
$54.73 /

-0.175 (-0.32%)

VZ Verizon
$54.73 /

-0.175 (-0.32%)

05/04/20 Needham
Ceragon longer-term news continues to improve, says Needham
04/28/20 SunTrust
Verizon price target raised to $65 from $60 at SunTrust
04/27/20 Citi
Verizon price target raised to $60 from $55 at Citi
04/16/20 William Blair
William Blair sees 'limited' risk to Zoom from Verizon deal for BlueJeans
VZ Verizon
$54.73 /

-0.175 (-0.32%)

VZ Verizon
$54.73 /

-0.175 (-0.32%)

VZ Verizon
$54.73 /

-0.175 (-0.32%)

VZ Verizon
$54.73 /

-0.175 (-0.32%)

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