Analyst Insight: Citigroup Inc. cut its target price by $1 on shares of American Superconductor Corp
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Citigroup Inc. (NYSE:C) cut its target price by $1 on shares of American Superconductor Corp. (NASDAQ:AMSC) to $34 Friday. SmarTrend is bullish on shares of American Superconductor andour subscribers were alerted to buy on July 14, 2010 at $29.54; the stock has risen 2.2% since the alert was...
SmarTrend Weekly Wrap Up: July 30, 2010
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• Rambus (NASDAQ:RMBS) wins a patent-infringement case against Nvidia (NASDAQ:NVDA) • European Commission launches two formal antitrust probes against IBM (NYSE:IBM) on suspicions the company abused its position of dominance in computer mainframe industry • BP Plc (NYSE:PB) posts $17.15...
Analyst Insight: Citigroup Inc. Marginally Lowers Target Price on Shares of ADP
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Citigroup Inc. (NYSE:C) slightly cut its target price on shares of Automatic Data Processing (NASDAQ:ADP) Friday from $48.50 to $47.00. Citigroup maintains a Buy rating on the business outsourcing solutions provider.SmarTrend alerted subscribers to take profits in ADP on May 04, 2010 at $42.92;...
Analyst Insight: Patterson-UTI Energy, Inc's Price Target Slightly Upped by Citigroup Inc.
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Patterson-UTI Energy, Inc's (NASDAQ:PTEN) price target was slightly raised Friday from $17 to $20 by Citigroup Inc. (NYSE:C). "We raise our PTEN estimates on an improved activity and margin outlook for high-spec rigs supported by a growing interest in multi-year contracts," wrote Citigroup's...
Analyst Insight: Citigroup Inc. Slightly Raises 2010 EPS for Expedia, Inc. (C,EXPE)
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Citigroup Inc. (NYSE:C) slightly raised its 2010 EPS on shares of Expedia Inc. (NASDAQ:EXPE) Friday, from $1.59 to $1.61. Expedia's price target remains at $28. SmarTrend is bullish on shares of Expedia andour subscribers were alerted to buy on July 15, 2010 at $20.35; the stock has risen 9.4%...
SmarTrend Mid Day Market Recap: July 30, 2010
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The major US equity indices opened considerably lower Friday following recent government data that indicated economic growth slowed in the second quarter, however, they rebounded from their losses on a better-than-expected report on consumer confidence and manufacturing. Disappointing quarterly...
Analyst Insight: Citigroup Inc. Drops Target Price on Silicon Laboratories (C,SLAB)
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Citigroup Inc. (NYSE:C) has lowered its target price on Silicon Laboratories (NASDAQ:SLAB) Thursday, from $47 to $45. Analyst Terence Whalen explained Citigroup's decision to downgrade its rating on Silicon Laboratories: "We downgraded SLAB to Hold 4/29 on concerns that: 1) Handset FM tuner sales...
Analyst Insight: Citigroup Inc. Slightly Lowers Arris Group, Inc's Target Price (C,ARRS)
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Citigroup Inc. (NYSE:C) slightly reduced its target price Wednesday by $0.50 on shares of Arris Group, Inc. (NASDAQ:ARRS), to $11.50. Arris reported Q2 sales results of $280.4 million, below Street estimates of $288.3 million. SmarTrend currently has Arris Group in an Uptrend and ismonitoring...
Analyst Insight: Citigroup Inc. Adjusts Akamai Technologies, Inc's 2011 EPS; Drops Price Target
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Citigroup Inc. (NYSE:C) slightly adjusted its 2011 EPS on shares of Akamai Technologies, Inc. Thursday morning (NASDAQ:AKAM) from $1.70 to $1.65 (on same revenue). Citigroup has also reduced Akamai's price target by $2.00 to $42.00. SmarTrend currently has Akamai Technologies in anUptrend. Since...
Analyst Insight: Citigroup Inc. Drops FormFactor, Inc's Price Target by $5 (C,FORM)
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Citigroup Inc. (NYSE:C) has cut FormFactor, Inc's (NASDAQ:FORM) target price from $23 to $18 with a new 2012 EPS of about $1 and about $8 net cash. Citigroup maintains a Buy rating on shares of the semiconductor wafer probe cards manufacturer.SmarTrend alerted subscribers to take profits in...
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