that capitulation seemed to happen in their March earnings report, where the company ratcheted down its forecasted growth, announced its first debt issue and increased its stock buybacks.
U.S. markets today (Wednesday) rose sharply after the conclusion of the Federal Open Market Committee's (FOMC) June meeting. As expected, the Fed announced it would taper another $10 billion from its monthly bond-purchasing program and that interest...U.S. Market...
Our low valuation (or rapid liquidation) implies a stock price of $8.65. Our better case anticipates a “right ship” and several milestones met within the next two years. It suggests a price target in the low $20s. Today’s Value/Downside Protection At $7.29 per share, BlackBerry ...
Inotek Pharmaceuticals Corporation(ITEK) was reiterated as ‘Overweight’ with a $29 from $9 price target on Tuesday by Piper Jaffray. ITEK shares recently gained $1.48 to $18.24. The stock has gained roughly 179% year-to-date. In the past 52 weeks, shares of Lexington, Massachusetts-based...
Shares have traded today between $177.82 and $179.78 with the price of the stock fluctuating between $128.78 to $184.89 over the last 52 weeks. Time Warner Cable Inc. shares are currently changing hands at 25.23x this year’s forecasted earnings, compared to the industry’s 17.08x earnings ...