Tuesday’s Pre-Market Look: Stocks In The News Before The Open
Goldman Sachs Group (GS) was downgraded to ‘Market Perform’ from ‘Market Outperform’ at Vining Sparks with a target price of $255.
PulteGroup (PHM) was upgraded to ‘Outperform’ from ‘Market Perform’ at FBR Capital Markets with a 12-month target price of $26.
Hostess Brands (TWNK) was rated a new ‘Strong Buy’ at CL King with a 12-month target price of $20.
Quantena Communications (QTNA) climbed 3% in after-hours trading after it reported Q4 adjusted EPS of 3 cents, better than consensus of 1 cent.
Brookdale Senior Living (BKD) slid 3% in after-hours trading after it reported Q4 revenue of $1.21 billion, less than consensus of $1.22 billion.
Cornerstone OnDemand (CSOD) rose 3% in after-hours trading after it reported Q4 billings of $156.3 million, higher than consensus of $135.5 million.
Golar LNG Ltd (GLNG) dropped 5% in after-hours trading after it announced a proposed offering of $350 million in convertible senior notes due 2022.
PDF Solutions (PDFS) rallied 6% in after-hours trading after it reported Q4 revenue of $28.4 million, above consensus of $28.3 million.
Amkor Technology (AMKR) tumbled nearly 10% in after-hours trading after it said it sees Q1 EPS of down -11 cents a share to up 5 cents, well below consensus of 14 cents.
Chegg (CHGG) lost over 1% in after-hours trading after it reported Q4 adjusted EPS of 10 cents, below consensus of 11 cents.
Guidance Software (GUID) climbed over 4% in after-hours trading after it reported Q4 adjusted EPS of 9 cents, above consensus of 6 cents.
Hibbett Sports (HIBB) slumped 14% in after-hours trading after it reported preliminary Q4 comparable sales unexpectedly fell -2.2%, weaker than expectations of up +1.3%, and then said it sees 2018 EPS at $2.65-$2.85, below consensus of $3.06.
GigPeak (GIG) jumped over 12% in after-hours trading after Integrated Devices said it will purchase the company for $250 million, or $3.08 a share.
Source: FoxBusiness, Barchart, Bloomberg, Reuters