Schaeffer's Top Stock Picks for '25

Analyst Update: Vince Holding, Infoblox, SkyWest

Analysts adjusted their ratings on Vince Holding Corp (VNCE), Infoblox Inc (BLOX), and SkyWest, Inc. (SKYW)

Sep 4, 2015 at 12:37 PM
facebook X logo linkedin


Analysts chimed in on retailer Vince Holding Corp (NYSE:VNCE), network controller Infoblox Inc (NYSE:BLOX), and airline issue SkyWest, Inc. (NASDAQ:SKYW). Here's a quick roundup of today's brokerage notes on VNCE, BLOX, and SKYW.

  • VNCE is 38% lower at $5.76, and touched a new all-time low of $5.65, after the firm reported disappointing second-quarter earnings and downwardly revised its full-year forecast. The disappointment earned Vince Holding Corp a trio of price-target cuts, with Baird cutting its target to $7 from $13, Barclays slashing its target to $5 from $14, and B Riley slicing its target to $6.50 from $11. Today's plunge is a mere continuation of VNCE's longer-term downtrend, as the stock has surrendered 78% in 2015, and hit a record low on Aug. 24. Shares of the retail concern face stiff overhead resistance from their 10-week moving average. Nearly 15.5% of the equity's float is sold short, but today's plunge landed VNCE on the short-sale restricted (SSR) list. 

  • BLOX is 9.2% lower at $18.04, after issuing weak guidance and announcing it's asked CFO Remo Canessa to step down. As with VNCE, BLOX is on the SSR list, and was punished by analysts after the announcement. Needham cut its price target to $27 from $33, Deutsche Bank lowered its target to $30 from $32, and Citigroup cut BLOX to $28 from $32. Infoblox Inc is now nearly 11% lower year-to-date, and set to end the week south of its 80-week moving average for the first time since March.
  • SKYW -- like a handful of other airlines -- is bucking the overall market trend today. The airline holding company is nearly 9% higher after receiving an upgrade to "outperform" from "market perform" at Cowen and Company. In addition, the brokerage firm upped its price target to $19 from $16 -- in territory not charted since the financial crisis. SkyWest, Inc. earned the upgrade because of a reliance on larger jets and a fleet reduction, which Cowen believes will offset attrition and drive growth. Today's rally could spook some short-term option bears. The stock's Schaeffer's put/call open interest ratio (SOIR) of 0.64 stands higher than 90% of all other readings from the past year, indicating near-term traders are more put-heavy than usual.
For other stocks in analysts' crosshairs, read Analyst Upgrades: Public Storage, JetBlue Airways Corporation, and Southwest Airlines Co and Analyst Downgrades: Caterpillar Inc., BP plc, and VeriFone Systems Inc
 
 

Which of These SUB-$5 Stocks Could 26x From Here? (AD)

He called a rare 11x on Tesla…

Then he called a 26x on Workhorse…

Then an even rarer 35x on Nio Inc…

Now Tim Bohen says these 5 tiny “America First” stocks are next up in 2025.

They’re trading for less than $5 right now.

But thanks to Elon & Trump’s new alliance…

They could be off to the races in Trump’s first 100 days.

And right now for a limited time…

You can get the names & tickers for just $1 here. (AD)

10 Stock Picks FREE
 
 

Featured Articles from Trusted Partners:

🚀 One Stock Pick Could Change Everything in 2025
What if one stock pick could define your success next year? Get 10 expert-vetted stocks set for 2025—plus 5 bonus picks to watch now. Get the Report →

🆕 New Options Need New Trading Strategies
Zero-DTE options are the newest (and hottest) options to trade.  Professional traders have rushed into the market and are making a mint.  Don’t get left behind - learn all about these options, how to trade them, market setups to profit from, plus much more. Download now →

👀 Revealed: 3 Defensive Stocks for Your Portfolio
Worried about the market? This free report reveals 3 under-the-radar defensive stocks for uncertain times in any kind of economy.

 

 
 

FREE Report Download

 

Follow us on X, Follow us on Twitter