Outerwall Q2 revenue guidance could miss consensus, says Northland Securities Northland Securities believes that Outerwall's Q2 sales guidance could be conservative and below consensus, as the firm thinks that Q2 is on track to be one of the weakest quarters for domestic box office revenue in a few years. The firm expects Redbox's performance in Q1 to be solid, however. It keeps a $75 price target and Market Perform rating on the shares.
Outerwall removed from Focus List as a sell at JPMorgan JPMorgan removed Outerwall from its Analyst Focus List as a sell, saying Redbox price increases should provide revenue support over the near term. The firm still expects DVD declines to accelerate in the second half of 2015 and keeps an Underweight rating on the stock with a $58 price target.