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Stock Market & Financial Investment News

News Breaks
February 21, 2014
08:42 EDTFLTXFleetmatics price target lowered to $42 from $50 at FBR Capital
FBR Capital lowered its price target for Fleetmatics shares to $42 after the company's 2014 outlook missed expectations. FBR attributes the soft outlook to sizeable investments in 2014 and believes the company's business fundamentals remain solid. It keeps an Outperform rating on the stock.
News For FLTX From The Last 14 Days
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April 17, 2015
10:00 EDTFLTXOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: CECO Environmental (CECE) upgraded on several positive catalysts at Roth Capital... EMC (EMC) upgraded to Outperform from Market Perform at Bernstein... Fleetmatics (FLTX) upgraded to Overweight from Neutral at Piper Jaffray... NorthStar Asset Management (NSAM) upgraded to Buy from Hold at MLV & Co.... Penn National (PENN) upgraded to Overweight from Neutral at JPMorgan... Rosetta Genomics (ROSG) upgraded to Buy from Hold at Cantor... Ulta Salon (ULTA) upgraded to Buy from Neutral at Nomura... Xcel Energy (XEL) upgraded to Buy from Hold at Argus.
07:26 EDTFLTXFleetmatics upgraded to Overweight from Neutral at Piper Jaffray
Piper Jaffray upgraded Fleetmatics to Overweight after its survey indicated the company is one of the most highly regarded providers of fleet management software in North America. Piper is now more convinced Fleetmatics with outlast the competition and raised its price target for shares to $57 from $41.
April 9, 2015
10:00 EDTFLTXOn The Fly: Analyst Downgrade Summary
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09:12 EDTFLTXFleetmatics downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merrill downgraded Fleetmatics to Underperform based on recent share strength and the uncertain impact from Feletmatics WORK and international expansion. Price target remains $41.
April 7, 2015
08:39 EDTFLTXFleetmatics appoints JIll Ward as president and COO, effective immediately
Fleetmatics Group (FLTX) announced the appointment of Jill Ward to the position of President and COO effective immediately. In this role, Ward will be responsible for leading the company’s global sales and marketing, product strategy and development, customer support, operations, and IT. She reports to Jim Travers, Chairman and CEO. Most recently, Ward was Senior Vice President and General Manager at Intuit (INTU).

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