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Macquarie On Clearwater Paper: 'The Best Is Yet To Come'
Monday, June 6, 2016 - 4:00pm | 215Read More...Macquarie's Anthony Young has increased his price target for Clearwater Paper Corp. (NYSE: CLW) to $75 from $66 and maintained his Outperform rating. Young was impressed with the company's prospects after a recent meeting between CEO John Hertz and investors hosted by Macquarie....
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'Plenty Of Horsepower' Under The Andersons' Hood; Macquarie Raises Target To $42
Monday, June 6, 2016 - 3:44pm | 176Read More...Macquarie research analyst Cooley May issued a bullish note on shares of Andersons Inc (NASDAQ: ANDE) Monday morning. The analyst boosted his price target on the stock from $36 to $42 and maintained an Outperform rating. The note and raised price target followed meetings with Andersons CFO John...
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Macquarie Starts LendingClub At Neutral, $5.15 Price Target
Thursday, May 26, 2016 - 4:09pm | 562Read More...Macquarie initiated LendingClub Corp (NYSE: LC) with a Neutral rating and $5.15 price target amid limited visibility and timing challenges. CEO Resignation Leaves Bitter Taste "For a 'pure-play' marketplace like LC, investor trust is particularly paramount," Macquarie analyst Tom White stated. But...
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Started From The Bottom… Peak Resorts Gets A Double Upgrade
Thursday, May 26, 2016 - 3:26pm | 229Read More...Peak Resorts Inc (NASDAQ: SKIS) is at the top of the Macquarie rating hill after news broke that its EB-5 program has been approved. Macquarie analyst Matthew Brooks says the resulting release of EB-5 investment money will likely fix any liquidity issues and gave the company the double-bump to...
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No CROC: This Currency ETF Could Shine
Friday, May 20, 2016 - 8:38am | 478Read More...Alright a couple of a caveats here. First, the Guggenheim CurrencyShares Australian (NYSE: FXA) has, until recent weeks, been one of the better-performing developed market currency exchange-traded funds this year. Second, it is not wise to turn leveraged ETFs, vehicles meant to be short-term...
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BlackBerry Just Has 'Too Many Headwinds'; Macquarie Starts Coverage At Underperform
Wednesday, May 18, 2016 - 2:48pm | 428Read More...Macquarie has initiated coverage on BlackBerry Ltd (NASDAQ: BBRY) at Underperform, with a target price of $6.90, saying the company has "too many headwinds." Macquarie is concerned over BlackBerry's high margin service business "going to zero" and the viability of handset business and messenger...
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Poll: Analysts See More Upside For Gold, Silver
Thursday, April 28, 2016 - 3:24pm | 291Read More...Gold and silver have been strong performers so far in 2016 after several years of slumping prices. A new Reuters poll of 30 analysts indicates that experts believe that the 2016 rally has legs. The average 2016 price target for gold among the analysts polled was $1,209/oz, up from $1,118/oz in...
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Here's What Twitter Metrics You Should Be Watching For Today
Tuesday, April 26, 2016 - 3:07pm | 424Read More...Twitter Inc (NYSE: TWTR) earnings have been at the heart of many issues in the past. Tech companies can be difficult to value at times due to many variables, let alone quarterly reports. However, with Twitter reporting earnings after the close today, what numbers are important to gauge the...
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Why This Analyst Sees A Buying Opportunity In ServiceNow Shares
Tuesday, April 26, 2016 - 10:08am | 273Read More...ServiceNow Inc (NYSE: NOW) provides "the greatest balance of high growth, expanding margins, and increasing free cash flow," according to a note from Macquarie's Sarah Hindlian, who initiated coverage of the stock with an Outperform rating and $81 price target. "Following growing pains FY'15 and...
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Macquarie Sees Qlik Technologies As The Top Mid Cap Pick In Enterprise Software Group
Tuesday, April 26, 2016 - 9:51am | 232Read More...Qlik Technologies Inc (NASDAQ: QLIK) shares have been trending lower in 2016 and are down 11 percent year-to-date. Macquarie’s Sarah Hindlian initiated coverage of Qlik Technologies with an Outperform rating and a price target of $38. Analyst Sarah Hindlian said that Qlik Technologies...
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Macquarie Initiates Splunk With Outperform Rating, $59 Price Target
Tuesday, April 26, 2016 - 9:12am | 209Read More...Splunk Inc (NASDAQ: SPLK) shares have been trending lower over the past 12 months and are down 24 percent. Macquarie’s Sarah Hindlian initiated coverage of Splunk with an Outperform rating and a price target of $59. Splunk is the only easy-to-use, rapidly deployable, on premise-or cloud...
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Macquarie Says Sell Workday Shares, Sees As Top Short In Enterprise Software
Tuesday, April 26, 2016 - 9:05am | 257Read More...Workday Inc (NYSE: WDAY) shares have gained 6 percent since March 28. Macquarie’s Sarah Hindlian maintained an Underperform rating for the company, with a price target of $49 saying that the shares seem to be reflecting an “unrealistic outcome in the ERP/Financial market.”...
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If Apple Adopts OLED, It Could Kill This Stock
Friday, April 15, 2016 - 11:40am | 229Read More...Shares of LG Display Co Ltd. (ADR) (NYSE: LPL) have gained 13 percent since January 15. Macquarie’s Daniel Kim downgraded the rating for LG Display from Neutral to Underperform, saying that the recent run-up in shares “belies the confluence of new challenges confronting the company....
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Groupon U.S. Deal Volumes Seen 'Ramping'
Friday, April 15, 2016 - 9:57am | 267Read More...Groupon Inc (NASDAQ: GRPN) has been trying to become a more real-time marketplace for local deals. Macquarie’s Tom White maintained an Outperform rating for the company, while raising its price target from $3.50 to $5, saying that the volumes of US local deals seemed to be ramping....
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Implications For Caterpillar Amid Continued Strength In Chinese Excavator Industry
Tuesday, April 12, 2016 - 1:13pm | 382Read More...Sameer Rathod of Macquarie said Caterpillar Inc. (NYSE: CAT) would face pricing pressure near-term in the Chinese excavator market, but the company's strong market share in the country will help the company navigate those hiccups in the long term. Rathod highlighted, "CAT market share grew 81bps...
