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UPDATE: Evercore Partners Initiates Coverage on Twitter on Positive Outlook
Thursday, November 7, 2013 - 10:40am | 147Read More...In a report published Thursday, Evercore Partners analyst Ken Sena initiated coverage on Twitter (NYSE: TWTR) with an Overweight rating and $43.00 price target. In the report, Evercore Partners noted, “Twitter has clear similarities to Google, Facebook and LinkedIn, but we would argue that TWTR...
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Evercore Partners Reiterates Underweight on Intel Following IDF Keynotes/Meetings
Monday, September 16, 2013 - 8:51am | 166Read More...In a report published Monday, Evercore Partners analyst Patrick Wang reiterated an Underweight rating and $20.00 price target on Intel Corporation (NASDAQ: INTC). In the report, Evercore Partners noted, “After several days of IDF keynotes and meetings with Intel execs and industry contacts, we...
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UPDATE: Evercore Upgrades Zynga, Awaiting New Popular Games
Thursday, September 12, 2013 - 3:15pm | 146Read More...In a report published Thursday, Evercore Partners analyst Ken Sena upgraded Zynga (NASDAQ: ZNGA) from Underweight to Equal-weight with an unchanged $3 price target. In the report, Sena noted that, “despite continued user declines, the floor protection provided by the company's high cash balance...
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Analysts Initiate Coverage on ING US at Neutral on ROE Improvement
Tuesday, June 11, 2013 - 2:14pm | 398Read More...In reports published on Tuesday, multiple analysts initiated coverage on ING US (NYSE: VOYA). Analysts from Morgan Stanley, JP Morgan, Deutsche Bank, Goldman Sachs, Credit Suisse, Bank of America, Citigroup, Sandler O'Neill, SunTrust Robinson Humphrey, Keefe Bruyette & Woods, Evercore...
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Dude: Michael Dell is Getting Dell?
Friday, February 1, 2013 - 12:57pm | 485Read More...In 1984, 19-year-old Michael Dell founded PC's Limited in his dorm room with a startup budget of a mere $1,000. The company quickly exploded and, shortly after taking its current name, went public in 1988. It has been owned by stockholders around the world ever since, but those days appear to be...
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Seagate Posts Strong Second Quarter, Down on Weak Guidance
Tuesday, January 29, 2013 - 12:50pm | 446Read More...Seagate Technology (NASDAQ: STX) posted better-than-expected results for the second fiscal quarter, topping analysts' expectations by eight percent. The Dublin, Ireland tech firm reports a quarterly EPS of $1.38. Analysts expected the company to come in at $1.28. For the quarter, Seagate...
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Want a Contrarian Trade? Sell Bank of America
Wednesday, January 2, 2013 - 3:39pm | 681Read More...Suddenly, Bank of America (NYSE: BAC) has become everyone's favorite stock. Across Wall Street, analysts have been tripping over themselves to upgrade the bank in the wake of its stellar 2012 performance. Bank of America traded up well over three percent early on Wednesday, kicking off the first...
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A Peek Into The Market Before The Trading Starts
Wednesday, December 19, 2012 - 8:13am | 422Read More...Pre-open movers US stock futures are higher this morning, as investors are awaiting housing starts data. Futures for the Dow Jones Industrial Average surged 33 points to 13,309.00 and S&P 500 index futures rose 2.50 points to 1,443.60. Nasdaq 100 futures climbed 8.50 points to 2,710.25. A Peek...
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UPDATE: Evercore Partners Downgrades Stag Industrial to Equal-Weight, Reiterates $20 PT
Wednesday, December 5, 2012 - 2:28pm | 145Read More...In a report published Wednesday, Evercore Partners downgraded its rating on Stag Industrial (NYSE: STAG) from Overweight to Equal-Weight, and reiterated its $20.00 price target. Evercore Partners noted, “STAG was recently added to the MSCI REIT Index (RMZ) – which was announced on November 19th...
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Benzinga's Top Upgrades
Wednesday, June 13, 2012 - 7:48am | 122Read More...Analysts at Evercore Partners upgraded Zynga Inc (NASDAQ: ZNGA) from “underweight” to “equal weight.” ZNGA's shares closed at $4.98 yesterday. Zynga's trailing-twelve-month revenue is $1.22 billion. Analysts at UBS upgraded Fortinet Inc (NASDAQ: FTNT) from “neutral” to “buy.” FTNT's stock closed...
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UPDATE: Evercore Partners Upgrades Monster Worldwide; Raises PT
Tuesday, March 6, 2012 - 10:11am | 156Read More...According to a research report published earlier today, Evercore Partners has upgraded Monster Worldwide Inc. (NYSE: MWW) to Overweight, and increased PT from $11 to $12. “Despite near term market share loss and a very disappointing near term outlook (see our note dated February 1, 2012 “Post Q4...
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UPDATE: Evercore Partners Takeaways from CME Group Management Meeting; Raises PT
Monday, March 5, 2012 - 11:19am | 91Read More...According to a research report published today by Evercore Partners, a recent meeting with CME Group's (NASDAQ: CME) management showed growth opportunities in a number of areas. “Greatest in near- to intermediate-term remains expansion of core platform globally, with a meaningful focus on Asia....
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UPDATE: Evercore Partners Initiates Equal-Weight, $31 Target on Thomson Reuters
Friday, March 2, 2012 - 1:06pm | 98Read More...Evercore Partners initiates its coverage on Thomson Reuters (NYSE: TRI) with an Equal-weight rating and a price target of $31. Evercore Partners elaborates, "TRI is flying on one wing right now. Its large Professional division is exhibiting the legacy Thomson growth formula: modest organic...
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UPDATE: Evercore Partners Lowers Overseas Shipholding's PT
Wednesday, February 29, 2012 - 10:58am | 97Read More...According to a research report published earlier today, Evercore Partners has decreased Overseas Shipholding Group Inc.'s (NYSE: OSG) PT from $14 to $8. Evercore Partners commented in the report, “Despite strong relative underperformance year-to-date and the fact that OSG is trading near its 52-...
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UPDATE: Evercore Partners Raises PT to $22 on Progressive
Tuesday, February 28, 2012 - 11:01am | 118Read More...Evercore Partners raises its price target on Equal-weight-rated Progressive (NYSE: PGR) by $1 to $22 to reflect stronger policy-inforce (PIF) growth. Evercore Partners notes, "Since 2002, Progressive has traded on average at 13.5x FY1 EPS, with a high of 21.2x and a low of 9.4x, with average...





