Pre-open market-options summary

Jefferies Raises Price Target on Ciena (CIEN) Following Strong 2Q Results

Jefferies maintained a Buy rating on CIENA (NYSE: CIEN), and raised the price target to $25.00 (from $23.00), following the company's 2Q earnings report. Revenue totaled $640.7 million versus the Street's $630.8 million estimate. Management emphasized that the strength was relatively broad-based across Cienas business... More

Needham & Company Raises Estimates on Ciena (CIEN) Following 2Q; Reiterates Buy

Needham & Company maintained a Buy rating and $30.00 price target on CIENA (NYSE: CIEN) following the company's 2Q earnings report. 2016 revenue estimates were raised to $2.664B from $2.650B, while 2017 revenues were maintained at $2.9B. Full year EPS was raised to $1.45 from $1.36.

Analyst Alex Henderson commented,... More

UPDATE: Brean Capital Starts 58.com Inc (WUBA) at Buy

(Updated - June 3, 2016 11:31 AM EDT)

Brean Capital initiated coverage on 58.com Inc (NYSE: WUBA) with a Buy rating and a price target of $65. Analyst Fawne Jiang sees opportunity given strong growth and future operating leverage.

"We believe WUBA offers attractive investment... More

Canaccord Genuity Cuts Price Target on Box (BOX) to $16 Following Mixed 1Q Report

Canaccord Genuity maintained a Buy rating on Box, Inc. (NYSE: BOX), and cut the price target to $16.00 (from $18.00), following the company's 1Q earnings report. Box reported a mixed quarter with revenue and adjusted EBITDA at $90.2M and ($12.1M), ahead of Canaccord's respective estimates by $1.7M and $6.7M. Calculated billings... More

Oppenheimer Cuts Price Target on Box (BOX) to $18; Reiterates Buy

Oppenheimer maintained an Outperform rating on Box, Inc. (NYSE: BOX), and cut the price target to $18.00 (from $21.00), following the company's 1Q earnings report. Box reported sales of $90.2M and ($0.18), ahead of the Street's $88.7M and ($0.24) targets. However, billings of $75.9M were below consensus of $84.9M.... More

Wedbush Raises price Target on Michael Kors (KORS) Following 4Q Report

Wedbush reiterated a Neutral rating on Michael Kors (NYSE: KORS), and raised the price target to $46.00 (from $43.00), following the company's 4Q earnings report. KORS reported an EPS of $0.98, a penny above Wedbush's estimates. The results were driven by better than expected sales and gross margin. The company's 1Q non-GAAP EPS guidance of... More

58.com (WUBA) Tops Q1 EPS by 30c; Offers Strong Q2 Outlook

58.com (NYSE: WUBA) reported Q1 EPS of ($0.36), $0.30 better than the analyst estimate of ($0.66). Revenue for the quarter came in at $231.3 million versus the consensus estimate of $225.09 million.

GUIDANCE:

58.com sees Q2 2016 revenue of $296-303 million, versus the consensus of $288.0... More

Donaldson (DCI) Tops Q3 EPS by 4c; Guides FY16 EPS Above Views

Donaldson (NYSE: DCI) reported Q3 EPS of $0.43, $0.04 better than the analyst estimate of $0.39. Revenue for the quarter came in at $571.3 million versus the consensus estimate of $550.79 million.

GUIDANCE:

Donaldson sees FY2016 EPS of $1.53-$1.59, versus the consensus of $1.51.

For earnings history and earnings-related data on Donaldson (DCI) click here.