Investment analysts at DA Davidson upgraded WestRock Company (WRK) shares from a Neutral to a Buy rating with a price target of $66.00
For its fourth quarter fiscal 2015, WestRock posted net sales of $3.87 billion and net income of $115.8 million or $0.44 per diluted share for the period.
WestRock aspires to be the premier partner and unrivaled provider of paper and packaging solutions in consumer and corrugated markets.
Brokerage firm Northland Capital maintained an Outperform rating on Paylocity Holding Corp. (PCTY)'s stock and increased its price target from $43.00 to $45.00
Paylocity delivered first quarter fiscal 2016 revenue of $45.1 million, a 45% increase year over year, and non-GAAP net income of $0.9 million, or $0.02 per diluted share, compared to non-GAAP net loss of ($1.4) million, or ($0.03) per diluted share in the same period the prior year. The company expects second quarter fiscal 2016 revenue to be in the range of $48.0 million to $49.0 million.
Paylocity is a provider of cloud-based payroll and human capital management, or HCM, software solutions for medium-sized organizations.
Shares of NVIDIA Corp. (NVDA) were upgraded by MKM Partners from a Neutral to a Buy rating with a price target of $36.00. Analysts from multiple firms raised their price target on the company's stock, including ROTH Capital (from $26.00 to $30.00), RBC Capital Markets (from $23.00 to $32.00) and Topeka Capital Markets (from $24.00 to $32.00)
NVIDIA posted third quarter fiscal 2016 revenue of $1.305 billion, a 7% increase year over year, and non-GAAP net income of $255 million, or $0.46 per diluted share, compared to non-GAAP net income of $220 million, or $0.39 per diluted share in the same quarter the prior year, easily surpassing the Capital IQ Consensus Estimate of $0.35 earnings per share on revenues of $1.18 billion for the period
NVIDIA's work in visual computing — the art and science of computer graphics — has led to thousands of patented inventions, breakthrough technologies, deep industry relationships and a globally recognized brand.
Analysts at RBC Capital Markets boosted their price target on TrueCar, Inc. (TRUE) shares from $9.00 to $10.00, while maintaining a Sector Perform rating
TrueCar reported third quarter 2015 revenue of $72.4 million, a 28% increase year over year, and non-GAAP net loss of $(2.1) million, or $(0.03) per diluted share, improved from non-GAAP net loss of $(3.8) million, or $(0.05) per diluted share in the previous quarter and better than the Capital IQ Consensus Estimate of ($0.05) loss per share on revenues of $66.18 million for the period
TrueCar, the modern car-buying service, gives consumers transparent insight into what others paid and access to guaranteed savings off MSRP from TrueCar Certified Dealers.
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