Author Archives: Scalper1

Edwards Upgraded As Analysts Lift Sapien Estimates

Medical-device maker Edwards Lifesciences (EW) was rising in heavy trading Thursday after it received an upgrade based on a bullish outlook for its Sapien 3 transcatheter aortic valve replacement (TAVR). SunTrust Robinson Humphrey analyst Bruce Nudell upgraded Edwards stock to buy from neutral and raised his price target to 88 from 86 based on last Friday’s announcement that the FDA had approved a new study of the Sapien 3 in elderly patients who

Square Sell-Off Excessive, Upside Remains: Analyst

To look at Square’s (SQ) stock chart in 2016 is disappointing, says BTIG analyst Mark Palmer, who remains bullish on the payments firm’s prospects. Investors have been too hasty selling Square stock, Palmer wrote in a research note Thursday. The market is afraid of a recession, and its fear could hurt the small businesses that account for the bulk of Square’s top line. But in a “challenging business environment,” Square’s tools and flexibility

F5 Networks: More Bears Than Bulls After Earnings

Citigroup upgraded F5 Networks (FFIV) to neutral after it reported fiscal Q1 earnings and revenue above views late Wednesday, even though the data center gear maker’s outlook disappointed. Shares in F5 Networks were down about 0.5% in early afternoon trading in the stock market today. F5 Networks stock has plunged 33% since August. Longtime CEO John McAdam returned to run the company in December on an interim basis after Manny Rivelo, a former