Outerwall (OUTR) Trims FY15 Outlook; Announced Resignation of Redbox President Horak
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Outerwall (OUTR) PT Cut to $61.50 at Roth Capital with Redbox Weak as Expected
December 8, 2015 8:54 AM ESTRoth Capital maintained a Buy rating on Outerwall Inc. (NASDAQ: OUTR), and cut the price target to $61.50 (from $80.00), following weak Redbox performance. OUTR released updated guidance for FY15, which reflects lower than expected RB revenue in 4Q, in addition to announcing an expected write-off certain... More
Outerwall (OUTR) PT Cut to $57 at Piper Jaffray on Lower Outlook; Maintains 'Overweight' on Valuation
December 8, 2015 7:45 AM ESTPiper Jaffray maintained an Overweight rating on Outerwall Inc. (NASDAQ: OUTR), and cut the price target to $57.00 (from $88.00), following weak results from the company's Redbox division. Outerwall is now looking for 2015 Redbox revenue of $1.76B at the mid-point, down from prior guidance of $1.8B. The company did not adjust expectations for the... More
Outerwall (OUTR) PT Cut to $59 at Wedbush Amid Weak Redbox Results
December 8, 2015 7:36 AM ESTWedbush maintained an Outperform rating on Outerwall Inc. (NASDAQ: OUTR), and cut the price target to $59.00 (from $100.00), following weak rentals for its Redbox division. Management increased kiosk inventory in Q4 in order to improve customer engagement, hoping to drive higher volumes by improving quantity... More
Outerwall (OUTR) Sinks 29% as Trading Resumes
December 7, 2015 4:47 PM ESTOuterwall (NASDAQ: OUTR) resume trading and is down 29% after lowering FY 2015 outlook.
... MoreOuterwall (OUTR) trading halted with news pending
December 7, 2015 4:13 PM ESTOuterwall (NASDAQ: OUTR) trading halted with news pending.
... More