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Stock Market & Financial Investment News

News Breaks
May 16, 2014
08:52 EDTRAXRackspace should be bought, says JMP Securities
JMP Securities said Rackspace should be bought following last night's disclosure the company is exploring strategic options. The analyst said this, combined with re-accelerating fundamentals and unique assets, should attract interest from multiple bidders and believes shares could more than double from current levels. The firm maintains its Buy rating and $67 price target.
News For RAX From The Last 14 Days
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March 4, 2015
12:11 EDTRAXIBM announces SoftLayer to offer OpenPOWER-based servers
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March 3, 2015
12:01 EDTRAXRackspace management to meet with JMP Securities
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February 24, 2015
10:08 EDTRAXOptions with decreasing implied volatility
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February 23, 2015
10:17 EDTRAXOptions with decreasing implied volatility
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February 20, 2015
10:30 EDTRAXOptions with decreasing implied volatility
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February 18, 2015
15:44 EDTRAXRackspace CEO says lightest quarter is usually Q1
The Rackspace CEO is speaking on CNBC.
10:05 EDTRAXOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Agnico Eagle (AEM) upgraded to Overweight from Neutral at JPMorgan... Amarin (AMRN) upgraded to Buy from Neutral at SunTrust... Capital Product (CPLP) upgraded to Accumulate from Neutral at Global Hunter... Carlyle Group (CG) upgraded to Buy from Neutral at Citigroup... Danone (DANOY) upgraded to Neutral from Underperform at Exane BNP Paribas... Express (EXPR) upgraded on lower promotional activity at Piper Jaffray... Kforce (KFRC) upgraded to Outperform from Market Perform at Avondale... Legg Mason (LM) upgraded to Buy from Hold at Jefferies... Rackspace (RAX) upgraded following Q4 results at Pacific Crest... Rosetta Resources (ROSE) upgraded to Buy from Neutral at Global Hunter... SeaChange (SEAC) upgraded to Buy from Hold at Noble Financial... Valero (VLO) upgraded to Outperform from Neutral at Credit Suisse... Veeco (VECO) upgraded to Buy from Hold at Noble Financial... Wolverine World Wide (WWW) upgraded to Neutral from Underperform at Sterne Agee.
08:28 EDTRAXRackspace price target raised to $57-$60 from $50-$52 at Wells Fargo
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08:19 EDTRAXRackspace upgraded following Q4 results at Pacific Crest
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06:21 EDTRAXRackspace upgraded to Outperform from Sector Perform at Pacific Crest
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