Analyst Upgrades: Electronic Arts, Sarepta, Herbalife

Analysts upwardly revised their ratings on Electronic Arts Inc. (NASDAQ:EA), Sarepta Therapeutics Inc (NASDAQ:SRPT), and Herbalife Ltd. (NYSE:HLF)

May 6, 2015 at 9:20 AM
facebook X logo linkedin


Analysts are weighing in today on gaming giant Electronic Arts Inc. (NASDAQ:EA), biopharmaceutical name Sarepta Therapeutics Inc (NASDAQ:SRPT), and nutrition focus Herbalife Ltd. (NYSE:HLF). Here's a quick roundup of today's bullish brokerage notes on EA, SRPT, and HLF.

  • EA is surging in pre-market action, adding 4.8% thanks to a fiscal fourth-quarter earnings beat. In response, no fewer than 10 brokerage firms raised their price targets on the equity, with Credit Suisse and Baird each setting the bar the highest, at $75. The shares have already more than doubled in the past 12 months, closing yesterday at $59.16, so it's not surprising that call buying has been popular of late. At the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), Electronic Arts Inc.'s 50-day call/put volume ratio of 2.95 ranks higher than 70% of readings from the past year.

  • SRPT is seeing similar success ahead of the bell, picking up 4.9% after Baird raised the stock to "outperform" and lifted its price target by $4 to $20. This comes ahead of the company's first-quarter earnings release, scheduled for tomorrow morning. So far in 2015, Sarepta Therapeutics Inc has dropped 8.4%, finishing at $13.25 yesterday, and short sellers have taken notice. Short interest accounts for almost 38% of SRPT's float, and would take over 18 sessions to buy back, at average daily volumes.

  • HLF raised its full-year guidance, crushed earnings estimates, and saw its price target hiked to $53 from $50 at Canaccord Genuity. Now, the shares are 14% higher in electronic trading, poised to continue their recent success. That is, during the past two months, Herbalife Ltd. has outdone the S&P 500 Index (SPX) by 19 percentage points to settle yesterday at $40.09, and short-term speculators have been trading calls in response. HLF's Schaeffer's put/call open interest ratio (SOIR) of 1.06 is lower than 80% of readings from the past year. In other words, traders targeting options expiring within three months or less are far more call-skewed than normal
 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI