MKM Partners Raises Price Target on Citrix Systems (CTXS) to $98 Following Strong 1Q Results

Pre-Open Stock Movers 04/21: (CEQP) (NOW) (UA) Higher; (TRXC) (SRPT) (TBI) Lower (more...)

April 21, 2016 9:25 AM EDT

Today's Pre-Open Movers:

TransEnterix (NYSE: TRXC) 65.4% LOWER; announced that the FDA notified the Company on April 19, 2016 that the FDA has determined that the SurgiBot System does not meet the criteria for substantial equivalence based upon the data and information submitted by TransEnterix in its 510(k) submission.

Sarepta Therapeutics (NASDAQ:... More

Needham & Company Raises Price Target on Citrix Systems (CTXS) Following Strong 1Q

April 21, 2016 6:58 AM EDT

Needham & Company maintained a Buy rating on Citrix Systems (NASDAQ: CTXS), and raised the price target to $96.00 (from $90.00), following the company's 1Q earnings report. CTXS reported revenue of $826m and $1.18 EPS, both well above the $789m revenue and $0.92 EPS consensus. Management raised CY16 estimates by $35m at the midpoint and is... More

After-Hours Stock Movers 04/20: (NOW) (ARTX) (CTXS) Higher; (TRXC) (TBI) (MAT) Lower (more...)

April 20, 2016 6:13 PM EDT

Today's After-Hours Stock Movers:

TransEnterix (NYSE: TRXC) 65.4% LOWER; announced that the FDA notified the Company on April 19, 2016 that the FDA has determined that the SurgiBot System does not meet the criteria for substantial equivalence based upon the data and information submitted by TransEnterix in its 510(k) submission.

TrueBlue (NYSE: TBI) 21.2% LOWER; reported Q1 EPS of $0.26, $0.01 better than the analyst estimate of $0.25. Revenue for the quarter came in at $646 million versus the consensus estimate of $665.85 million. GUIDANCE: TrueBlue sees... More

Citrix Systems (CTXS) Tops Q1 EPS by 26c

April 20, 2016 4:06 PM EDT

Citrix Systems (NASDAQ: CTXS) reported Q1 EPS of $1.18, $0.26 better than the analyst estimate of $0.92. Revenue for the quarter came in at $826 million versus the consensus estimate of $788.73 million.

Also, the Citrix Board of Directors today announced that Board members Tom Bogan and... More

Trading Radar for 4/20: Coca Cola (KO), TE Connectivity (TEL), Las Vegas Sands (LVS), United Airlines (UAL) Report

April 19, 2016 2:24 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBA Mortgage Index - no Street consensus

Earnings:

ABB Ltd. (NYSE: ABB) - consensus EPS $0.22
ARM Holdings plc (Nasdaq: ARMH) - consensus EPS $0.35
ASML Holdings (Nasdaq: ASML) - consensus EPS $0.46
Abbott (NYSE: ABT) - consensus EPS $0.39
Adeptus Health (Nasdaq: ADPT) -... More