Niska Gas Storage (NYSE: NKA), Anadarko Petroleum (NYSE: APC), Comstock Resources (NYSE: CRK), Convergys Co. (NYSE: CVG), SolarWinds, Inc. (NYSE: SWI), Denbury Resources Inc. (NYSE: DNR) and Magellan Midstream (NYSE: MMP) had ratings and price targets on them adjusted by analysts.
Anadarko Petroleum (APC) had its price target raised by Jefferies Group (NYSE:JEF) to $99.00.
Comstock Resources (CRK) had its price target lowered by Oppenheimer (NYSE:OPY) from $30.00 to $25.00. They have an “Outperform” rating on the company.
Convergys Co. (CVG) had its price target raised by Oppenheimer from $14.00 to $15.00. They have an “Outperform” rating on the company.
SolarWinds, Inc. (SWI) had its price target raised by Needham & Company from $36.00 to $44.00. They have a “Buy” rating on the company.
SolarWinds, Inc. (SWI) had its price target raised by Jefferies Group to $42.00.
Denbury Resources Inc. (DNR) was downgraded by Susquehanna from a “Positive” rating to a “Neutral” rating.
Niska Gas Storage (NKA) was downgraded by Wells Fargo & Co. (NYSE:WFC) from a “Market Perform” rating to an “Underperform” rating.
Magellan Midstream (MMP) was upgraded by Ladenburg Thalmann from a “Neutral” rating to a “Buy” rating. They have a price target of $75.00 on the company, up from $67.50.
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Showing posts with label Solarwinds. Show all posts
Showing posts with label Solarwinds. Show all posts
Thursday, February 9, 2012
Monday, November 1, 2010
SolarWinds (NYSE:SWI) Still Has to Prove Themselves Says FBR Capital
FBR Capital noted after the recent quarterly report from SolarWinds, Inc. (NYSE:SWI) that they've made a strong step forward, but pointed to the fact that they must show they can do this on a sustainable level if they're going to make believers out of investors.
"Last night (Thursday October 28), SolarWinds delivered stronger-than-expected September results, which were a 'breath of fresh air for investors,' in our opinion, in light of the company’s recent track record of posting disappointing numbers. It appears after a rough few quarters that SolarWinds has fixed some of its execution/forecasting issues and is back on the road to recovery. While last night’s call/guidance was an important first step towards coming out of the investor penalty box, we believe SolarWinds remains a 'prove me' story until the company can show that sustainable growth and 50%
operating margins are attainable for the next 12 to 18 months," said FBR.
SolarWinds closed Friday at $18.15, gaining $0.17, or 0.95 percent. FBR has a price target of $21 on them, raising it from $20. They also maintain their "Outperform" on the solar company.
"Last night (Thursday October 28), SolarWinds delivered stronger-than-expected September results, which were a 'breath of fresh air for investors,' in our opinion, in light of the company’s recent track record of posting disappointing numbers. It appears after a rough few quarters that SolarWinds has fixed some of its execution/forecasting issues and is back on the road to recovery. While last night’s call/guidance was an important first step towards coming out of the investor penalty box, we believe SolarWinds remains a 'prove me' story until the company can show that sustainable growth and 50%
operating margins are attainable for the next 12 to 18 months," said FBR.
SolarWinds closed Friday at $18.15, gaining $0.17, or 0.95 percent. FBR has a price target of $21 on them, raising it from $20. They also maintain their "Outperform" on the solar company.
Labels:
FBR Capital,
Price Target,
Quarterly Report,
Solarwinds
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