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Twilio Q3 Preview: 7 Recent Rating And Price Target Changes
Wednesday, November 8, 2017 - 2:35pm | 306Despite having reported four consecutive quarters of in-line or better earnings, Twilio Inc (NYSE: TWLO) traded down 3 percent Wednesday ahead of its third-quarter release. But Wall Street is notably optimistic on the name. Consensus reports a $39 average price target representing 29-percent upside...
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Apache's New Permian Basin Position Could Be The Key To Its Future Growth
Monday, September 26, 2016 - 10:36am | 354MUFG’s Michael McAllister believes Apache Corporation (NYSE: APA)'s “new position in the Permian Basin could become one of the key drivers of the company’s future growth.” McAllister initiated coverage of the company with a Neutral rating and price target of $64. Strong...
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SM Energy Upgraded On Midland Basin Purchase
Tuesday, August 23, 2016 - 8:31am | 375MUFG’s Michael McAllister believes the pending purchase by SM Energy Co (NYSE: SM) of Midland Basin acreage in Howard County provides a re-rate catalyst. McAllister upgraded the rating on the company from Underweight to Neutral, while raising the price target from $16 to $36. “In our...