The Wendy's Company (NASDAQ:WEN) shares climbed
0.46% to $4.39 in the early hour after the shares of WEN was downgraded by
analysts at KeyBanc from a “hold” rating to an “underweight” rating and
currently have a $4.00 price target on the stock. Additionally, analysts at
Zacks reiterated a “neutral” rating on shares of Wendy’s and now have a $4.75
price target on the stock.
Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) stock
fell 3.06% to $1.07 after the company reported second quarter net loss of $6.6
million or $0.08 per share from $8.6 million or $0.10 per share in the prior
year quarter. Total revenue for the quarter was $10.3 million, down from $19.1
million in the previous year quarter.
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Free Trend Analysis on BLDP
BP plc (ADR) (NYSE:BP) shares gained 0.59% to $42.34
in the early hour after the company is said to be seeking as much as $7.9
billion before tax payments for a group of Gulf of Mexico oilfields as it
unloads assets following its 2010 spill in the region. The company has prepared
preliminary information for prospective buyers of assets including the Horn
Mountain, Holstein, Diana Hoover and Ram Powell fields.
Palo Alto Networks Inc (NYSE:PANW) shares declined
2.89% to $60.91 after Goldman Sachs started
coverage on shares of Palo Alto and
the firm issued a buy rating and a $78.00 price target on the stock. Analysts
at Goldman Sachs believe investors underestimate Palo Alto Networks’ single
pass architecture and general product differentiation, and hence they see more
sustained growth and margin expansion driving shares.
Towers Watson & Co (NYSE:TW) stock plunged
11.70% to $51.70 after the company posted fourth quarter net income of $65
million or $0.91 per share from $44 million or $0.59 per share in the same
quarter a year earlier. Quarterly revenues dropped to $826 million from $851
million in the comparable quarter a year ago. Analysts expected the company to
earn $1.24 per share on revenues of $868.08 million for the quarter.
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TW Rebound After Today’s fall? Find Out Here
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