Baidu.com, Inc. (NASDAQ: BIDU), NuVasive (NASDAQ: NUVA), Netflix, Inc. (NASDAQ: NFLX), Texas Instruments (NYSE: TXN), Ultra Clean Holdings, Inc. (NASDAQ: UCTT) and Eaton Corp. (NYSE: ETN) price targets adjusted by analysts.
Baidu.com, Inc. (BIDU) had its price target raised by Stifel Nicolaus from $172.00 to $190.00. They have a “Buy” rating on the company.
NuVasive (NUVA) had its price target raised by Piper Jaffray (NYSE:PJC) to $42.00.
Netflix, Inc. (NFLX) had its price target raised by Jefferies (NYSE:JEF) to $265.00. They have a “Hold” rating on the company.
Texas Instruments (TXN) had its price target cut by FBR Capital from $39.00 to $36.00. They have an “Outperform” rating on the company.
Ultra Clean Holdings, Inc. (UCTT) had its price target slashed by Needham & Company from $14.00 to $11.00. They have a “Buy” rating on the company.
Eaton Corp. (ETN) had its price target raised by UBS AG (NYSE:UBS) from $52.00 to $57.00. They have a “Neutral” rating on the company.
Wednesday, July 27, 2011
Baidu (BIDU) (NUVA) (NFLX) (TXN) (UCTT) (ETN) Price Targets Changed
Tuesday, April 26, 2011
Viacom (VIA-B) (RCL) (UCTT) (VCLK) (VLTR) PTs Adjusted
The shares of Viacom, Inc. (NASDAQ: VIA-B), Royal Caribbean Cruises Ltd. (NYSE: RCL), Ultra Clean Holdings, Inc. (NASDAQ: UCTT), ValueClick Inc (NASDAQ: VCLK) and Volterra Semi (NASDAQ: VLTR) were all adjusted April 26.
JPMorgan Chase & Co. (NYSE:JPM) cut its price target on Royal Caribbean Cruises Ltd. (RCL) from $53.00 to $48.00. They have an “Overweight” rating on the travel company.
Piper Jaffray cut their price target on Ultra Clean Holdings, Inc. (UCTT) from $13.50 to $11.00. They have a “Neutral” rating on the firm.
UBS AG (NYSE:UBS) raised their price target on ValueClick Inc (VCLK) to $16.00. They have a “Neutral” rating on the stock.
Wunderlich raised their price target on Viacom, Inc. (VIA-B) from $52.00 to $56.00. They have a “Buy” rating on the entertainment company.
Piper Jaffray raised their price target on Volterra Semi (VLTR) from $22.50 to $25.50. They have a “Neutral” rating on the stock.
Endocyte (ECYT) (UCTT) (WTI) (HSTM) (IIVI) (REDF) Make Big, Positive Moves
Endocyte, Inc., (NASDAQ: ECYT), Rediff.com India Limited (NASDAQ: REDF), Ultra Clean Holdings Inc. (NASDAQ: UCTT), W&T Offshore Inc. (NYSE: WTI), Healthstream Inc. (Nasdaq: HSTM) and II-VI Inc. (Nasdaq: IIVI) were trading up positive today, soaring in a range of 15 percent to over 30 percent in the case of Endocyte, Inc.
Endocyte, Inc. was up over 30 percent after announcing its plan to prepare two marketing authorization applications to the European Medicines Agency. These two marketing applications are for the company's lead drug candidate EC145 for the treatment of platinum-resistant ovarian cancer and its companion imaging diagnostic EC20 for patient selection. The filings will be based on the results of the randomized Phase 2 PRECEDENT trial and supported by a Phase 2 single agent EC145 clinical trial.
Rediff.com India Limited was up over 23.6 percent; it introduced Rediff Deal Ho Jaye!, a service targeting group deals. Rediff.com Deal Ho Jaye! offers will come from local merchants in each city. Consumers will be empowered to track upcoming promotions by subscribing to the Deal Ho Jaye! email newsletter or by SMS.
II-VI Inc. was trading up over 21 percent; it reported third-quarter EPS of $0.72, $0.19 above the analyst estimate of $0.53. Revenue for the quarter exceeded expectationg, reaching $130 million against the consensus estimate of $121.07 million. Guidance for EPS for the fourth quarter of 2011 was $0.68 - $0.73, against the consensus of $0.57. II-VI Inc. sees fourth quarter 2011 revenue of $129 - $134 million, against the consensus of $129.52 million. Full year 2011 EPS is expected to reach $2.58 - $2.63, against the consensus of $2.29. Full year 2011 revenue is projected to reach $500 - $505 million, against the consensus of $489.63 million.
Healthstream Inc. is trading almost 19 percent up; the company reported first quarter EPS of $0.07, $0.03 above the analyst estimate of $0.04. Revenue for the quarter came in at $18.5 million against the consensus estimate of $17.68 million.
W&T Offshore Inc. is trading over 16.0 higher; it reported first quarter EPS of $0.43, $0.12 above the analyst estimate of $0.31. Revenue for the quarter reached $210.9 million against the consensus estimate of $198.59 million.
Ultra Clean Holdings Inc. jumped over 15 percent; it reported first quarter EPS of $0.25, $0.04 above the analyst estimate of $0.21. Revenue for the quarter reached $126.7 million against the consensus estimate of $121.65 million. Ultra Clean Holdings Inc. projects second quarter EPS of $0.26-$0.29, against the consensus of $0.24. For the second quarter revenue estimates are from $128-$133 million, against consensus of $125.24 million.
Tuesday, January 18, 2011
Ultra Clean (NASDAQ:UCTT) Will Outpace Sector in 2011 Says Needham
Ultra Clean (NASDAQ:UCTT) had their PT and EPS estimates boosted by Needham & Co., citing the quick growth of their LED business.
Needham says, "Following the company’s presentation at the Needham Growth Conference, we came away incrementally more positive on UCTT. In conjunction with our conference recap note published today (Friday), we are updating our revenue and EPS estimates, and we raise our price target from reflecting better industry fundamentals, a faster ramp of its LED business and expanding comparable multiples. Driven by its expansion in LED, we continue to believe UCTT will be able to outgrow the industry in 2011."
Needham & Company maintains a "Buy" rating on Ultra Clean, which closed Friday at $12.42, gaining $0.72, or 6.15 percent. Needham raised their price target on Ultra Clean from $10 to $15.