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Stephens: McDonald's Is Making The Necessary Changes To Win
Thursday, January 29, 2015 - 12:33pm | 204Read More...Will Slabaugh of Stephens on Thursday commented in a note that McDonald's Corporation (NYSE: MCD) is willing to make the necessary changes, as evidenced by the decision to allow its CEO Don Thompson to step down. “While it is difficult to determine immediate implications, we believe...
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URS Shares Move Higher For 7th Straight Trading Day
Monday, July 7, 2014 - 11:33am | 94Read More...Stephens analyst Will Gabrielski on Monday said the recent uptick in URS (NYSE: URS) is likely due to speculation of potential M&A activity. He noted that a URS takeout could potentially be in the range of $55 to $90 per share. Taking this into consideration, Gabrielski has reiterated his...
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UPDATE: Stephens Initiates Coverage On Regions Financial
Tuesday, June 10, 2014 - 1:07pm | 142Read More...In a report published Tuesday, Stephens analyst Matt Olney initiated coverage on Regions Financial (NYSE: RF) with an Overweight Rating and $12.50 price target. Olney noted expense levers to improve the efficiency ratio should allow the company to be in the low 60 percent range in late 2014. The...
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Stephens Upgrades Tiffany & Co., Analyst Sees 11% Upside
Tuesday, April 15, 2014 - 3:00pm | 158Read More...On Tuesday, Stephens upgraded shares of Tiffany & Co. (NYSE: TIF) from Equal-weight to Overweight and maintained the $95 price target. Analyst Rick Patel believes the recent pullback from the 94.88 high has created “a good buying opportunity for a best-in-class global luxury jeweler with...
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Rackspace's In-Line Q4 And Lanham Napier Departure Frustrates Investors
Monday, February 10, 2014 - 6:02pm | 684Read More...Rackspace (NYSE: RAX) is once again feeling the brunt of frustrated investors, plunging more than 14 percent Tuesday after news of its CEO departure overshadowed the company's inline results. By all accounts, Rackspace has shown improvement over the third quarter. The total server count increased...
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Market Wrap For December 13: Major Indices Finish The Day Flat
Friday, December 13, 2013 - 5:45pm | 2270Read More...Major indices were looking for a rebound after a four day skid which included multiple triple digit point losses for the Dow. Futures pointed to a higher opening as investors found reason to be positive in the House's passing of the budget agreement last night. The markets were unable to hold on...
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Stephens Upgraded "Compelling" Copart
Monday, December 2, 2013 - 3:48pm | 149Read More...Stephens analyst John Lawrence upgraded Copart (NASDAQ: CPRT) from Equal-Weight to Overweight and raised the price target from $34 to $40 following earnings report. Copart reported 1Q14 earnings of $0.32 versus Stephens' estimate of $0.35 and consensus of $0.34. Revenue grew 17.2% to $279.9...
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UPDATE: Stephens Upgrades Cornerstone OnDemand as Competition with Workday is Not Inhibiting Growth
Tuesday, November 26, 2013 - 12:14pm | 132Read More...In a report published Tuesday, Stephens analyst Alex Zukin upgraded the rating on Cornerstone OnDemand (NASDAQ: CSOD) from Equal-Weight to Overweight, and raised the price target from $46.00 to $65.00. In the report, Stephens noted, “We are upgrading CSOD to an Overweight (Vol) rating from Equal-...
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UPDATE: Stephens Downgrades America's Car-Mart as Competitive Pressures Continue to Weigh on the Business
Thursday, November 21, 2013 - 12:42pm | 156Read More...In a report published Thursday, Stephens analyst John Hecht downgraded the rating on America's Car-Mart (NASDAQ: CRMT) from Overweight to Equal-Weight, and lowered the price target from $47.00 to $40.00. In the report, Stephens noted, “America's Car-Mart, Inc. (CRMT) reported fiscal 2Q14 EPS of $0...
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UPDATE: Stephens Reiterates on Arkansas Best Corporation After Teamsters Reject Strike Authorization
Wednesday, October 30, 2013 - 10:35am | 135Read More...In a report published Wednesday, Stephens analyst Brad Delco reiterated an Overweight rating on Arkansas Best Corporation (NASDAQ: ABFS), and raised the price target from $30.00 to $36.00. In the report, Stephens noted, “We reiterate our Overweight rating and are raising our target to $36 (was $30...
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UPDATE: Stephens Downgrades Sanderson Farms on Effects of Fall in Chicken Pricing
Monday, October 21, 2013 - 10:56am | 186Read More...In a report published Monday, Stephens analyst Farha Aslam downgraded the rating on Sanderson Farms (NASDAQ: SAFM) from Overweight to Equal-Weight, and lowered the price target from $81.00 to $65.00. In the report, Stephens noted, “We are lowering our rating on Sanderson Farms to Equal-Weight from...
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UPDATE: Stephens Resumes Coverage on Parker Drilling on Positive Outlook, Focus on Growing Markets
Thursday, October 3, 2013 - 10:53am | 193Read More...In a report published Thursday, Stephens analyst Matt Marietta resumed coverage on Parker Drilling Company (NYSE: PKD) with an Overweight rating and $8.00 price target. In the report, Stephens noted, “We are resuming coverage of PKD with an Overweight (Vol.) rating and an $8 price target. We...
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UPDATE: Stephens Initiates Coverage on ServiceNow on Market Leader Position
Wednesday, August 28, 2013 - 11:20am | 97Read More...In a report published Wednesday, Stephens analyst Alex Zukin initiated coverage on ServiceNow (NYSE: NOW) with an Overweight rating and $60.00 price target. In the report, Stephens noted, “We view ServiceNow as a technology and share leader in the Cloud Computing and IT Operations Management...
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A Peek Into The Market Before The Trading Starts
Thursday, December 27, 2012 - 8:10am | 392Read More...Pre-open movers US stock futures are higher this morning, as investors are awaiting jobless claims and consumer confidence data. Futures for the Dow Jones Industrial Average gained 11 points to 13,059.00 and S&P 500 index futures rose 1.50 points to 1,415.00. Nasdaq 100 futures climbed 5.50...
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Knight Capital Plummets on Refinancing
Monday, August 6, 2012 - 10:29am | 382Read More...Knight Capital (NYSE: KCG) shares fell approximately 25 percent in early trading Monday after the company announced rescue financing that will shore up its books at a steep price. This announcement followed $440 million of errant trading losses last week. Investing firms in the market maker will...





