Blue Apron's stock drops after an IPO underwriter downgraded the stock

19 Août, 2017, 02:53 | Author: Marc Bacque
  • Blue Apron

Stifel Nicolaus reaffirmed a "buy" rating and set a $8.00 target price (down previously from $10.00) on shares of Blue Apron Holdings in a research note on Friday, August 11th.

Only 30 percent of Wall Street analysts have a buy rating on Blue Apron, according to FactSet.

Blue Apron's stock is also down 46 percent since its June 29 initial public offering at $10 per share.

APRN has been the topic of a number of recent research reports. They set a "buy" rating and a $12.00 price objective for the company. As per Thursday, August 10, the company rating was maintained by Stifel Nicolaus. Royal Bank Of Canada initiated coverage on shares of Blue Apron Holdings in a research note on Monday, July 24th. They set a "buy" rating and a $14.00 price objective for the company. Vanguard Group Inc. bought a new position in Blue Apron Holdings during the second quarter worth about $4,892,000. (The) started coverage on shares of Blue Apron Holdings in a research report on Monday, July 24th. Finally, Wells Fargo & Company MN bought a new position in Blue Apron Holdings during the second quarter worth about $627,000.

Energy Transfer Partners, LP (ETP) stock moves -11.01% - Monthly Low Performance
Considering that the stock daily volume of 10.9 million shares, this represents a pretty noteworthy trading in volume size. Energy Transfer Partners, L.P. (ETP) has an Analysts' Mean Recommendation of 1.8, according to data compiled by Finviz.


Pope Francis prays for Barcelona victims
In closing, the Pope also invoked God's blessing on all the victims, their families, and the "beloved Spanish city" of Barcelona. Local media reported that the driver fled on foot, and police are searching for the suspect.


(ADP)- Stocks worth Investment with Performance Assessment
The stock of Automatic Data Processing (NASDAQ:ADP) has "Sell" rating given on Thursday, October 29 by Topeka Capital Markets. Other hedge funds and other institutional investors have also recently made changes to their positions in the company.


Several institutional investors have recently made changes to their positions in APRN. Oak Ridge Investments LLC bought a new position in Blue Apron Holdings during the second quarter worth about $934,000. LMR Partners LLP purchased a new position in shares of Blue Apron Holdings during the second quarter worth $2,195,000. Blue Apron Holdings's quarterly revenue was up 17.9% compared to the same quarter past year.

WARNING: This report was reported by Markets Daily and is the property of of Markets Daily. If you are reading this story on another site, it was stolen and republished in violation of United States and global copyright and trademark legislation.

Shares of Blue Apron Holdings (NASDAQ APRN) opened at 5.39 on Friday. The stock's 50 day moving average is $6.91 and its 200 day moving average is $6.91.

Bottini & Bottini, Inc., a law firm specializing in securities class action litigation, announces that it has filed a class action lawsuit on behalf of all persons who purchased the common stock of Blue Apron Holdings, Inc. The firm's market cap is $161.93 million. The company reported ($0.47) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.26) by $0.21. The business had revenue of $238.10 million for the quarter, compared to analysts' expectations of $235.78 million. Equities research analysts predict that Blue Apron Holdings will post ($1.48) EPS for the current year. The Firm is focused on providing recipes and fresh ingredients for making home cooking accessible.

Conseillé:

  • Français blessés dont 11

    Français blessés dont 11 "gravement" annonce le ministre des affaires étrangères

    La France et l'Espagne sont "dans le même combat contre cette menace commune qu'est le terrorisme", a-t-il fait part. Près d'un cinquième des blessés de l'attentat de Barcelone sont de nationalité française.
    Who's On A Premier League Hot Streak?

    Who's On A Premier League Hot Streak?

    This will be the first real opportunity for Antonio Rudiger to prove whether he is good enough for a regular starting berth. The players want to make amends for last week and get back on track, with all of that sharpened because it's Tottenham .
    Kenyan opposition challenges election result at Supreme Court

    Kenyan opposition challenges election result at Supreme Court

    The coalition's lawyers filed the court papers just 90 minutes ahead of a midnight deadline to challenge the August 8 election. But while there have been scattered protests in Odinga strongholds, the demonstrations were relatively muted.
  • TrueCar, Inc. (TRUE) EVP Sells $690984.66 in Stock

    Greatmark Investment Partners holds 0.45% in Transocean LTD (NYSE:RIG) or 72,795 shares. (NYSE:NCI) for 917,411 shares. The New York-based New York State Teachers Retirement Systems has invested 0.01% in Navigant Consulting, Inc.
    Hummels, premier à rejoindre l'élan solidaire de Mata

    Hummels, premier à rejoindre l'élan solidaire de Mata

    Mata a accueilli cette arrivée avec enthousiasme et espère bien que Hümmels soit le premier d'une longue série. Mats Hummels annonce ce jeudi qu'il emboîte le pas du buteur de Manchester United .
    Ex-Google employee says Silicon Valley blacklists conservatives

    Ex-Google employee says Silicon Valley blacklists conservatives

    Several polices and programs at Google stereotype women as "agreeable" and "cooperative", according to Damore. Did he just mansplain the gender gap in STEM? And pointed out that Damore could use a history lesson.
  • Trump uses Barcelona terror attack to bash Democrats

    Trump uses Barcelona terror attack to bash Democrats

    The Supreme Court plans to take up the case in the fall, while allowing portions of it to go into effect. The president's messages come after Spain faced back-to-back terror attacks this week.
    Charlottesville mayor asks Governor to convene Assembly to remove statues

    Charlottesville mayor asks Governor to convene Assembly to remove statues

    Fields was charged with second degree murder after 32-year-old Heather Heyer was killed in the crash. Workers load statues of Confederate generals Robert E.
    TSX falls as United States  politics weighs, metals decline

    TSX falls as United States politics weighs, metals decline

    The Canadian dollar was trading at 79.39 cents (U.S.), up from an average price of 79.07 cents US on Thursday. Canadian Natural Resources fell 1.2 percent to C$38.54, while the broader energy group retreated 0.5 percent.
  • Monaco win record 15th straight game in Ligue 1

    Monaco win record 15th straight game in Ligue 1

    Monaco coped without Mbappe last weekend, too, winning at Dijon 4-1 as Falcao netted a superb hat trick. As the match began opening up, Rony Lopes then saw a curling effort tipped round the post by Didillon.
    Icahn steps down as Trump's special adviser on regulation

    Icahn steps down as Trump's special adviser on regulation

    I truly appreciate the confidence you have in me and sincerely hope that the limited insights I shared have been helpful to you. Icahn has come under scrutiny over whether he might use his position with Trump to advance his own financial interests.
    Parents reminded to ensure children are properly vaccinated

    Parents reminded to ensure children are properly vaccinated

    The second will take place August 21 from 4:30 p.m.to 6:30 p.m.at the Prindle Conference Room in the health department building. The commonwealth of Virginia requires that students receive certain vaccines before attending public schools.


Populaire

Ses avocats déposent une demande de liberté d'office — Khalifa Sall
Les avocats du maire jugeaient l'Ige inapte à épingler une mairie mais cette demande avait été rejetée par le doyen des juges. Si les avocats se dessaisissent, le Parquet va enrôler cette affaire pour jugement dans les quinze (15) jours qui suivent.

Ibrahimovic dévoile le nom de son meilleur coéquipier
Fort d'une carrière exceptionnelle, Zlatan Ibrahimovic (35 ans) a joué avec les plus grands. "J'ai joué avec de grands champions".

David Price to stop throwing, Red Sox being 'realistic' about his return
He didn't make his first regular-season start until Memorial Day and is 5-3 with a 3.82 ERA in 11 starts overall. Farrell said he did not know when Price would pitch next, but he would stop throwing for the time being.

The new BMW Z4 is breathtaking
Even if it is not the final version, we can expect the production version to be substantially the same. The 340-hp Jaguar F-Type V6 weighs around 3500 lbs by comparison.

Jade Roper & Tanner Tolbert Show Off Their Newborn Baby
If you say, ".make her keep trying." ever again, we're going to rescind everything nice we ever said about you. Roper wrote on Instagram that the baby is in good health despite her surprise early entrance into the world.

Sonic Mania's Chemical Plant Zone boss fight has a genius throwback
The drawback of this method is that you start on Act 1 of that level and you must get to the other acts by the normal progression. After you have done this you can simply select the level you want to play using the save file by using the up and down buttons.

Giants sign Severin, Eagan, waive-injured Johnson, Snead
Last Friday, Canaan Severin caught two passes for the Pittsburgh Steelers in the preseason opener against the Giants. He was quickly waived by the Browns before spending most of last season on the practice squad of the Buffalo Bills.

BC state of emergency extended once again
A state of emergency was originally declared on July 7, which was then extended on July 19 and August 4. This is the third time that the government has issued an extension for the state of emergency.

Scaramucci: If it were up to me, Bannon would be gone
Of Trump's frequent off-the-cuff remarks, Scaramucci said, "That's him wearing his heart on his sleeve". He said he didn't think Bannon was a white supremacist, but that he'd "never asked".

First Coast, Florida unemployment rates show flat picture for July
WASHINGTON (AP) - Hiring increased in 11 USA states in July, while the unemployment rate tumbled to record lows in two states. The state released figures Friday that shows there were 411,000 unemployed Floridians out of a workforce of 10.1 million.