-
Why Citigroup Just Upgraded Nu Skin
Wednesday, February 11, 2015 - 11:52am | 287Read More...Beth Kite of Citigroup recently upgraded shares of Nu Skin Enterprises, Inc. (NYSE: NUS) to Buy from Neutral, with a price target raised to $65 from a previous $49 after the company reported better-than-expected fourth quarter results. Nu Skin earned $0.77 in the quarter, which was three cents...
-
GoPro Tanks Again, Analysts Maintain Dismal Outlook
Monday, February 9, 2015 - 1:46pm | 187Read More...On a day when GoPro Inc (NASDAQ: GPRO) is down another 5.5 percent as the earnings hangover grows, two firms have reaffirmed guidance. Oppenheimer is maintaining its Underperform rating with a price target of $35, while Citi is keeping its Neutral rating with a $48 price target. The analysts...
-
Why Citigroup Lowered Chipotle Mexican Grill's Price Target
Monday, February 9, 2015 - 1:15pm | 198Read More...Gregory Badishkanian of Citigroup on Sunday lowered his price target on Chipotle Mexican Grill, Inc. (NYSE: CMG) to $782 from a previous $809 while maintaining a Buy rating. According to Badishkanian, the company reported a "solid" fourth quarter with trends continuing into the new...
-
Citigroup's Potential Pair Trade Explained: Why Investors Should Remain Overweight CME And Underweight CBOE
Monday, February 9, 2015 - 9:50am | 301Read More...Neil Stratton of Citigroup on Friday suggested that investors maintain a potential pair trade opportunity of being Overweight CME Group Inc (NASDAQ: CME) and Underweight CBOE Holdings, Inc (NASDAQ: CBOE) as a "good way" to arbitrage current dynamics. According to Stratton, investors...
-
Citigroup Initiates AbbVie With Sell
Monday, February 9, 2015 - 9:38am | 58Read More...Analysts at Citigroup initiated coverage on AbbVie Inc. (NYSE: ABBV) with a Sell rating. The target price for AbbVie is set to $48. AbbVie shares have gained 14.83% over the past 52 weeks, while the S&P 500 index has surged 14.57% in the same period. AbbVie's shares closed at $56.90 in pre-...
-
Citigroup Raises LinkedIn Price Target
Friday, February 6, 2015 - 2:19pm | 302Read More...After LinkedIn Corp’s (NYSE: LNKD) big earnings beat, Citigroup released a report updating its outlook for the company. The report included a price target hike for LinkedIn stock. Blowout Numbers Citi analysts were not the only ones that underestimated LinkedIn’s Q4 numbers, as...
-
Citigroup Raises Price Target For Buy-Rated GrubHub
Friday, February 6, 2015 - 2:15pm | 322Read More...After GrubHub Inc’s (NASDAQ: GRUB) big earnings beat Thursday, Citigroup released a report updating its outlook for the company. The report included a price target hike for GrubHub’s stock. Big Numbers GrubHub beat consensus earnings and revenue estimates for 4Q14, and the company...
-
Citigroup Upgrades Brocade Communications Systems To Buy
Thursday, February 5, 2015 - 8:54am | 61Read More...Analysts at Citigroup upgraded Brocade Communications Systems, Inc. (NASDAQ: BRCD) from Sell to Buy. The price target for Brocade Communications is set to $15. Brocade Communications shares have gained 24.26% over the past 52 weeks, while the S&P 500 index has surged 15.12% in the same period....
-
IPO Outlook: Inotek's Vision For The Future
Wednesday, February 4, 2015 - 3:28pm | 1080Read More...Inotek Pharmaceuticals Corp (NASDAQ: ITEK), founded in 1999, is a clinical-stage biopharmaceutical company centered on the discovery, development and commercialization of therapies to treat glaucoma. Glaucoma is condition where the eye is unable to properly drain fluid, which leads to a buildup...
-
Citigroup Ranks Its Top 10 Semiconductor Stocks
Tuesday, February 3, 2015 - 8:05am | 497Read More...Citigroup recently released a report updating their view on semiconductor stocks now that most of the names in the space have announced Q4 earnings. Citigroup ranked 10 names in the space from most- to least-preferred stocks. Top Names Microchip Technology Inc. (NASDAQ: MCHP) Microchip...
-
Citigroup Lowers MasterCard's Estimates Following Q4 Print
Monday, February 2, 2015 - 12:49pm | 220Read More...Donald Fandetti of Citigroup commented in a note on Friday that MasterCard Inc (NYSE: MA) reported better-than-expected earnings per share and revenue in its fourth quarter report. Shares are Buy rated with a price target lowered to $94 from a previous $98. Fandetti notes that MasterCard'...
-
Here's Why Citigroup Lowered McDonald's Estimates And Price Target
Monday, February 2, 2015 - 12:36pm | 218Read More...Gregory Badishkanian of Citigroup commented in a note on Sunday that McDonald's Corporation (NYSE: MCD) December global same-store sales of negative 0.1 percent was better than expected, despite the fourth-quarter earnings per share miss. However, Badishkanian notes that McDonald's...
-
Citigroup: There's More To Visa Than A Stock Split
Friday, January 30, 2015 - 10:33am | 165Read More...Donald Fandetti of Citigroup commented in a note following Visa Inc's (NYSE: V) first -quarter results that its core earnings per share of $2.53 indicates a “good performance” given the weaker global backdrop. Fandetti states that many global companies are falling short of earnings expectations and...
-
Citigroup's Potential Pair Trade On T. Rowe Price And Affiliated Managers Group
Thursday, January 29, 2015 - 9:55am | 233Read More...William Katz of Citigroup on Thursday introduced a potential pair trade between Overweight-rated Affiliated Managers Group, Inc. (NYSE: AMG) and Underweight-rated T. Rowe Price Group Inc (NASDAQ: TROW) given a “favorable trade-off” between the two asset managers. Katz offers four...
-
UPDATE: Citigroup Downgrades Helmerich & Payne
Thursday, January 29, 2015 - 9:39am | 140Read More...Analysts at Citigroup on Wednesday downgraded Helmerich & Payne, Inc. (NYSE: HP) from Neutral to Sell and reduced the price target from $71.00 to $55.00. Scott Gruber and Michael Sabella wrote, "We are downgrading HP based on our view of a likely rate collapse amongst Tier 1 (AC) rigs...




