Hot Stocks Mar. 15th: Online Resources, Vera Bradley, Yongye, Endocyte
Online Resources Corporation (NASDAQ:ORCC): Reported Q4 revenue $38.7M versus consensus $38.46M. Shares of Online Resources Corporation are trading 8.11% higher today.
Vera Bradley, Inc. (NASDAQ:VRA): Jefferies expects shares of Vera Bradley to move lower in the near-term following the company’s weaker than expected outlook, but maintains a Buy rating on the stock. The firm lowered its price target for shares to $45 from $50 and says it would be a buyer of the stock on weakness. Shares of Vera Bradley, Inc. are trading 8.89% lower today.
Yongye International Inc (NASDAQ:YONG): Sees 2012 revenue $495M-$515M vs. $390.4M in 2011. The one consensus estimate is $277M. Shares of Yongye International Inc are trading 8.77% lower today.
Endocyte, Inc. (NASDAQ:ECYT): Wedbush said it agrees with Endocyte management that the company has met the EMA’s requirements for potential conditional approval of EC145 and EC20 in FR++ platinum resistant ovarian cancer patients. The firm reiterates an Outperform rating on the stock with a $16 price target following the company’s Q4 results. Shares of Endocyte, Inc. are trading 2.21% higher today.
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