ISI

Shares of Walgreen Company (NYSE: WAG) surged over 3 percent Tuesday to $77.13 after beating Q1 earnings expectations. ISI Group’s Ross Muken noted that Walgreen’s management “expressed commitment to specialty infusion business” on the earnings conference call. The...

NetApp (NASDAQ: NTAP) shares on Tuesday saw an initial spike of ~1.7 percent, reaching a high of $36.94 following comments from ISI analyst Brian Marshall. Marshall's comments came following an analyst day conference with the company. Marshall noted that NetApp currently has ~33 percent...

Shares of Gilead Sciences (NASDAQ: GILD) have fallen over four percent following Merck's (NYSE: MRK) purchase of Idenix Pharmaceuticals (NASDAQ: IDIX). Details on the Acquisition In a press release on Monday, Merck and Idenix announced that they have entered into a “definitive...

ISI analyst Mark Schoenebaum says Pfizer's (NYSE: PFE) final offer is in AstraZeneca (NYSE: AZN) shareholders' hands, calling it "effectively a 'hostile' tender offer." Pfizer on Sunday announced a fourth and final proposal of $92.53, or £55 per share. The press release states, "This proposal...

On Friday, ISI initiated coverage on the Semiconductor sector. Analyst C.J. Muse believes the sector is “set up for beat and raises, largely speaking, for the next 4 to 6 quarters into 2015,” which has already been anticipated by the market. However, the analyst believes the bullish estimates can...

Shares of Deere (NYSE: DE) are holding up in a weak tape after ISI upgraded shares from Cautious to Neutral and raised the price target from $83 to $95. While analyst David Raso is upgrading the stock, he trimmed the second quarter earnings per share estimate $0.27 to $2.33 (consensus $2.26). The...

Shares of Juniper Networks, Inc. (NYSE: JNPR) are gaining traction on Friday following management's announcement of a new "Integrated Operating Plan" after Thursday's close. Shares of Juniper have gained 2.4 percent in pre-market trading as investors respond to management's plans to spend $1...

The Walt Disney Company (NYSE: DIS) reported first quarter results on Wednesday, February 5. First Quarter Highlights: Walt Disney reported first quarter EPS of $1.03 versus the estimated $0.92. Earnings per share were up 30% quarter-on-quarter. Revenue came in at $12.30 billion...

In a report published Friday, ISI analyst George Auerbach initiated coverage on Eastgroup Properties (NYSE: EGP) with a Neutral rating and $57.00 price target. “Our $57 PT is a weighted average blend of our $60 fwd NAV (with a targeted 5% premium, inline with other blue chip REITs), our $57 DCF,...

Several analysts commented on Merck's (NYSE: MRK)'s advances on Hepatitis C cure regiment. ISI analyst Mark Schoenebaum commented that Merck's oral regimen for hepatitis C genotype 1 may be the first "truly clinical competitive" regimen against Gilead. Schoenebaum noted that this one pill per day...

ISI analyst Vijay Kumar reported Qiagen N. V. (NASDAQ: QGEN) may have repercussions from reimbursements from coding changes issues. Qiagen short interest rose to a 2-Year high before the third quarter. Kumar noted that Quest Diagnostics Inc. (NYSE: DGX) preliminary earnings are taking a hit due...

In a report published Monday, International Strategy and Investment Group analyst Judson E. Bailey upgraded Hercules Offshore (NASDAQ: HERO) from Buy to Strong Buy and raised its price target from $9.00 to $10.00. In the report, ISI cited, “With the recent barge fleet sale in May and the two...