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Stock Market & Financial Investment News

News Breaks
March 17, 2014
06:27 EDTSONSSonus Networks could hit $10 per share by 2017, says Jefferies
Jefferies says Sonus Networks (SONS) could be the "most underappreciated story in the Tech sector right now." The firm found the company's investor day last Thursday as very positive and sees a path for the stock to hit $10 per share by 2017. Jefferies reiterates a Buy rating on shares of Sonus, which closed Friday at $3.44.
News For SONS From The Last 14 Days
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March 25, 2015
10:00 EDTSONSOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AB InBev (BUD) downgraded to Reduce from Overweight at HSBC... BreitBurn Energy (BBEP) downgraded to Sell from Neutral at UBS... DiamondRock (DRH) downgraded to Reduce from Neutral at SunTrust... Ethan Allen (ETH) downgraded to Hold from Buy at Gabelli... Felcor Lodging (FCH) downgraded to Neutral from Buy at SunTrust... Finish Line (FINL) downgraded to Neutral from Buy at B. Riley... Hannover Re (HVRRY) downgraded to Sell from Hold at Deutsche Bank... Hersha Hospitality (HT) downgraded to Reduce from Neutral at SunTrust... Host Hotels (HST) downgraded to Reduce from Neutral at SunTrust... ING Groep (ING) downgraded to Neutral from Buy at Goldman... Informatica (INFA) downgraded to Neutral from Buy at Mizuho... Kofax (KFX) downgraded to Hold from Buy at Canaccord... LRR Energy (LRE) downgraded to Sell from Neutral at UBS... LaSalle Hotel (LHO) downgraded to Reduce from Neutral at SunTrust... Munich Re (MURGY) downgraded to Sell from Hold at Deutsche Bank... Orbital ATK (OA) downgraded to Market Perform from Outperform at Wells Fargo... PCTEL, Inc. (PCTI) downgraded to Neutral from Buy at B. Riley... Quest Diagnostics (DGX) downgraded to Hold from Buy at Deutsche Bank... SJW Corp. (SJW) downgraded to Neutral from Outperform at RW Baird... Selective Insurance (SIGI) downgraded to Neutral from Buy at BofA/Merrill... Sonus (SONS) downgraded to Hold from Buy at Wunderlich... Starwood (HOT) downgraded to Neutral from Buy at SunTrust... Synchrony Financial (SYF) downgraded to Neutral from Buy at BofA/Merrill... Tesla (TSLA) downgraded to Underperform from Outperform at CLSA... Twitter (TWTR) downgraded to Hold from Buy at Pivotal Research... ZAGG (ZAGG) downgraded to Market Perform from Outperform at Northland... iDreamSky (DSKY) downgraded to Neutral from Overweight at JPMorgan.
07:07 EDTSONSSonus downgraded to Market Perform from Outperform at Northland
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06:32 EDTSONSSonus downgraded to Hold from Buy at Wunderlich
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March 24, 2015
16:20 EDTSONSOn The Fly: Closing Wrap
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13:01 EDTSONSSonus downgraded to Market Perform from Outperform at William Blair
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12:44 EDTSONSOn The Fly: Midday Wrap
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12:06 EDTSONSSonus downgraded to Market Perform from Outperform at Barrington
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11:26 EDTSONSSonus downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded Sonus to Market Perform citing the reduced Q1outlook from carrier delays.
10:09 EDTSONSHigh option volume stocks
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09:47 EDTSONSSonus shares maintained as a Buy at Jefferies
Jefferies said Sonus' long-term story is intact and expects the company to benefit from the transition to IP-based real-time communications. Shares are Buy rated with a $25 price target.
09:22 EDTSONSOn The Fly: Pre-market Movers
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08:12 EDTSONSSonus down 33.21% in pre-market trading after cutting Q1 guidance
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07:47 EDTSONSSonus volatility flat at 46 into cutting Q1 guidance
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07:35 EDTSONSSonus says 'no longer expects to receive certain orders' this quarter
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07:33 EDTSONSSonus sees FY15 revenue up to 25% below midpoint of previous $326M-$330M view
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07:32 EDTSONSSonus initiates company-wide review of cost structure
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07:32 EDTSONSSonus cuts Q1 EPS view to (34c)-(29c) from 3c
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07:31 EDTSONSSonus cuts Q1 revenue view to $47M-$50M from $74M
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March 23, 2015
12:55 EDTSONSFollow-up: Sonus downgraded at Wedbush
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12:41 EDTSONSSonus downgraded to Neutral from Outperform at Wedbush
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