Evercore Partners

Evercore Partners lowers its rating on Zynga (NASDAQ: ZNGA) to Underweight on heightened valuation risk following softer-than-expected top-line guide and engagement. Evercore Partners says, "Tepid engagement trends, evidenced by monthly unique users and daily active users staying flat with the...

The tanker stocks have been moving wildly today, as recent corporate news and geopolitical events have been affecting the companies. For example, Businessweek reported that Iran sanctions are tightening as Frontline (NYSE: FRO) and Overseas Shipholding Group (NYSE: OSG) are halting crude cargo from...

Evercore Partners increases its price target on Overweight-rated Rackspace Hosting (NYSE: RAX) to $60 from $58 on strong quarterly results and outlook. Evercore Partners says, "RAX reported very strong 4Q results – with revs, EBITDA, and EBITDA margins well ahead of expectations. Coupled with...

According to a research report published today, Evercore Partners increased Lionsgate Entertainment Corp.'s (NYSE: LGF) PT from $10.50 to $14 based on anticipation of an accelerated pay-down of the Summit debt. In the report, Evercore Partners commented, “We have raised our valuation on the Hunger...

Evercore Partners reiterates its Equal-weight rating on XL Group (NYSE: XL) and lowers its rating to $21 from $24 on delayed ROE improvement. Evercore Partners says, "We are cautious on Equal-Weight rated XL Group after 4Q11 earnings and are reducing our 2012 and 2013 estimates by 25-35% and...

Evercore Partners reiterates its Overweight rating on Red Hat (NYSE: RHT) and raises its price target by $4 to $56 on upbeat meeting with the company's management. Evercore Partners says, "We hosted investor meetings on Thursday with Red Hat's CEO, CFO and CTO, and come away continuing to believe...

Evercore Partners reiterates its Equal-weight rating on Protective Life (NYSE: PL) and raises its price target by $2 to $29 on a solid quarter with good capital generation and deployment. Evercore Partners says, "While not likely fully sustainable, it was a very good EPS quarter for PL, showing...

Evercore Partners maintains its Overweight rating on Monolithic Power Systems (NASDAQ: MPWR) and raises its price target to $21 from $17 on impressive beat to earnings and raised guidance. Evercore Partners says, "We reiterate our Overweight rating and raise our PT to $21 following an impressive...