Autoliv’s Target Raised by RBC

Autoliv’s Target Raised by RBC

Autoliv received a price-target boost from RBC Capital Markets despite the automotive-safety products maker’s Friday report of weaker-than-expected Q2 results, as the firm applauded the investments the company is making that weighed on its earnings. The new price target from RBC is $100 per share, up from $98. However, this is still below the stock’s Friday closing price, even after the shares fell 7.9% in Friday’s session on the Q2 […]

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RBC Raises Pebblebrook Hotel Trust Target

RBC Raises Pebblebrook Hotel Trust Target

Pebblebrook Hotel Trust shares were barely higher Monday morning after RBC Capital analysts raised their price target to $35 from $33 per share while reiterating an outperform rating on the stock. The broker also said it revised its FY funds from operations estimates on the real estate investment trust to reflect the sale of a parking garage at the Revere Hotel in Boston for $95 million, equal to an EBITDA […]

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NetApp Partner Selected by Polaris Alpha

NetApp Partner Selected by Polaris Alpha

NetApp partner Flair Data Systems has been chosen by Polaris Alpha to help develop a responsive, reliable support approach for customers’ mission-critical operations, the company said Tuesday. Polaris Alpha provides custom software solutions that allow government agencies such as the Department of Defense and Department of Homeland Security to evaluate potential threats. “Our systems are used to help analysts and operators visualize and share massive amounts of data to support […]

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Comtech Wins Contract Option

Comtech Wins Contract Option

Comtech Telecommunications, a developer of communications solutions, said Wednesday morning that it won a contract modification valued at $14.5 million from the Defense Information Systems Agency that will exercise the fourth year option under a current contract to provide Ku satellite bandwidth and support services for the U.S. Marine Corps’ Tactical Satellite Communications Network. The option covers a one-year period through July 31, 2018, and boosts the total funding for […]

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Global Medical Prices Shares in Public Offering

Global Medical Prices Shares in Public Offering

Global Medical REIT was sliding pre-market Wednesday after pricing an underwritten public offering of 3.5 million shares of its common stock at $9.00 per share, or 8.4% lower than the share closing price on Tuesday, for gross proceeds of $31.5 million. Shares fell as much as 9.7%. The company also granted the underwriters a 30-day option to buy an additional 525,000 shares of common stock offered in the public offering […]

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