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Stock Market & Financial Investment News

News Breaks
February 8, 2013
14:22 EDTSNCRSynchronoss gaps up, spikes higher after earnings, levels to watch
The share are now up nearly 20% on the day following better than expected results last night after the close. The company beat consensus expectations of 25 cents by 4 cents. The price action today has filled the big bearish gap from May of last year. This is one reason it is worth keeping an eye on a longer range chart for big discontinuities such as this, bearish or bullish, as all gaps eventually get filled. They also provide important clues for support and resistance. Next resistance above the top of the gap is at $31.14, a pivot high. Support is at the prior bearish gap top at $29.10. There was a large short-base, over 12 days to cover, coming in to the earnings report. Volume is heavy.
News For SNCR From The Last 14 Days
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November 19, 2014
14:29 EDTSNCRSynchronoss weakness a buying opportunity, says Stifel
12:58 EDTSNCRSynchronoss sell-off a buying opportunity, says JPMorgan
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11:28 EDTSNCRSynchronoss pullback a buying opportunity, says Wedbush
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10:00 EDTSNCROn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Beacon Roofing (BECN) downgraded to Hold from Buy at KeyBanc... BlackBerry (BBRY) downgraded to Underweight from Equal Weight at Morgan Stanley... Consolidated Edison (ED) downgraded to Sell from Neutral at UBS... Denbury Resources (DNR) downgraded to Hold from Buy at Wunderlich... Synchronoss (SNCR) downgraded to Underperform from Neutral at RW Baird... Total System (TSS) downgraded to Sell from Neutral at Goldman... Movado (MOV) downgraded to Market Perform from Outperform at Barrington... Transocean Partners (RIGP) downgraded to Market Perform from Outperform at Wells Fargo... Seadrill Partners (SDLP) downgraded to Market Perform from Outperform at Wells Fargo... Petrobras (PBR) downgraded to Neutral from Buy at UBS.
08:21 EDTSNCRSynchronoss downgraded to Underperform at RW Baird
As reported previously, Baird downgraded Synchronoss to Underperform from Neutral as they believe valuation is stretched at current levels. Baird lowered its price its price target on Synchronoss to $42 from $47.
06:11 EDTSNCRSynchronoss downgraded to Underperform from Neutral at RW Baird
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November 12, 2014
07:01 EDTSNCRSynchronoss removed from Focus List at Credit Suisse

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