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Stock Market & Financial Investment News

News Breaks
January 25, 2013
09:54 EDTSGISilicon Graphics spikes higher, bullish pattern on weekly chart active
The stock is up over 9.4% this morning, continuing a strong recent recover off multi-year lows. There already was an active bullish pattern on the weekly chart, and this move up confirms it. The pattern is a bullish, inverted, head and shoulders. Upside potential for that pattern is to the $15 area. That level is where price began a sharp decline last February. Sterne Agee upgraded the stock earlier today to Buy, with a $19 price target.
News For SGI From The Last 14 Days
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January 30, 2015
10:00 EDTSGIOn The Fly: Analyst Downgrade Summary
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09:24 EDTSGISilicon Graphics downgraded at Sterne Agee
As noted earlier, Sterne Agee downgraded Silicon Graphics to Neutral from Buy. The firm downgraded the stock based on concerns about the company's debt load. Target to $11 from $14.
08:53 EDTSGISilicon Graphics downgraded at Sterne Agee
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06:26 EDTSGISilicon Graphics downgraded to Neutral from Buy at Sterne Agee
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January 28, 2015
16:03 EDTSGISilicon Graphics sees FY15 revenue $540M-$560M, consensus $551.7M
16:02 EDTSGISilicon Graphics sees Q3 EPS (10c)-0c, consensus 8c
Sees Q3 revenue $120M-$130M, consensus $142.57M.
16:01 EDTSGISilicon Graphics reports Q2 EPS 0c, consensus (12c)
Reports Q2 revenue $138M, consensus $123.33M.

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