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Laredo Petroleum, Inc. (LPI) Reaches $9.53 After 4.00% Down Move; Profile of 15 Analysts Covering Silicon Motion Technology (SIMO)

Silicon Motion Technology Corporation (NASDAQ:SIMO) Logo

Among 19 analysts covering Silicon Motion (NASDAQ:SIMO), 15 have Buy rating, 1 Sell and 3 Hold. Therefore 79% are positive. Silicon Motion had 43 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was upgraded by Pacific Crest to “Outperform” on Monday, August 17. The stock of Silicon Motion Technology Corporation (NASDAQ:SIMO) has “Buy” rating given on Wednesday, August 2 by Craig Hallum. The stock of Silicon Motion Technology Corporation (NASDAQ:SIMO) earned “Buy” rating by Standpoint Research on Tuesday, March 7. Summit Redstone Partners upgraded the stock to “Buy” rating in Thursday, December 7 report. As per Friday, July 7, the company rating was maintained by Northland Capital. Bank of America downgraded it to “Underperform” rating and $19 target in Tuesday, August 18 report. The stock of Silicon Motion Technology Corporation (NASDAQ:SIMO) has “Buy” rating given on Tuesday, June 6 by Loop Capital Markets. The company was maintained on Wednesday, September 6 by KeyBanc Capital Markets. The firm earned “Buy” rating on Wednesday, August 30 by Standpoint Research. Susquehanna maintained the stock with “Hold” rating in Wednesday, February 7 report. See Silicon Motion Technology Corporation (NASDAQ:SIMO) latest ratings:

27/04/2018 Broker: Needham Rating: Buy New Target: $57.0000 Upgrade
28/03/2018 Broker: J.P. Morgan Rating: Buy New Target: $60.0000 Initiate
08/02/2018 Broker: Needham Rating: Buy New Target: $57.0 Maintain
07/02/2018 Broker: Susquehanna Rating: Hold New Target: $44.0 Maintain
07/02/2018 Broker: KeyBanc Capital Markets Rating: Buy New Target: $54.0 Maintain
19/01/2018 Broker: Craig Hallum Rating: Buy New Target: $60.0 Maintain
16/01/2018 Broker: Susquehanna Old Rating: Positive New Rating: Neutral Downgrade
08/01/2018 Broker: FBR Capital Rating: Buy New Target: $68.75
14/12/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $60.0 Maintain
07/12/2017 Broker: Summit Redstone Partners Old Rating: Hold New Rating: Buy Upgrade

The stock of Laredo Petroleum, Inc. (NYSE:LPI) is a huge mover today! The stock decreased 3.69% or $0.365 during the last trading session, reaching $9.525. About 1.75M shares traded. Laredo Petroleum, Inc. (NYSE:LPI) has declined 35.20% since May 16, 2017 and is downtrending. It has underperformed by 46.75% the S&P500.The move comes after 6 months negative chart setup for the $2.23 billion company. It was reported on May, 16 by Barchart.com. We have $9.14 PT which if reached, will make NYSE:LPI worth $89.04 million less.

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets semiconductor solutions for the mobile storage and mobile communications markets worldwide. The company has market cap of $1.76 billion. It offers embedded storage and expandable storage products, including NAND flash controllers, such as embedded MultiMediaCard , client solid-state drive (SSD), flash memory card, and Universal Serial Bus flash drive controllers. It has a 23.44 P/E ratio. The firm also provides specialty storage solutions, such as customized enterprise-grade Peripheral Component Interconnect Express (PCIe) SSDs; and industrial-grade and commercial-grade single-chip SSDs.

The stock increased 0.24% or $0.115 during the last trading session, reaching $48.745. About 36,737 shares traded. Silicon Motion Technology Corporation (NASDAQ:SIMO) has risen 8.09% since May 16, 2017 and is uptrending. It has underperformed by 3.46% the S&P500.

More recent Silicon Motion Technology Corporation (NASDAQ:SIMO) news were published by: Globenewswire.com which released: “Silicon Motion Confirms Quarterly Dividend” on April 23, 2018. Also Streetinsider.com published the news titled: “Silicon Motion Technology (SIMO) Tops Q1 EPS by 2c, Beats on Revenues; Offers FY18 Revenue Mid-Point Outlook …” on April 26, 2018. Seekingalpha.com‘s news article titled: “Silicon Motion: Bias Toward The High Side” with publication date: April 30, 2018 was also an interesting one.

Laredo Petroleum, Inc. operates as an independent energy firm in the United States. The company has market cap of $2.23 billion. It operates through two divisions, Exploration and Production of Oil and Natural Gas Properties; and Midstream and Marketing. It has a 4.16 P/E ratio. It focuses on the acquisition, exploration, and development of oil and natural gas properties; and the transportation of oil and natural gas primarily in the Permian Basin in West Texas, as well as rig fuel, natural gas lift, and water delivery and takeaway services.

Among 34 analysts covering Laredo Petroleum Holdings Inc (NYSE:LPI), 12 have Buy rating, 3 Sell and 19 Hold. Therefore 35% are positive. Laredo Petroleum Holdings Inc had 105 analyst reports since July 21, 2015 according to SRatingsIntel. Williams Capital Group initiated Laredo Petroleum, Inc. (NYSE:LPI) on Monday, August 29 with “Hold” rating. Piper Jaffray maintained the shares of LPI in report on Tuesday, October 3 with “Buy” rating. The company was maintained on Thursday, March 8 by Bank of America. The stock of Laredo Petroleum, Inc. (NYSE:LPI) earned “Overweight” rating by CapitalOne on Wednesday, August 24. The firm has “Overweight” rating given on Monday, November 20 by Barclays Capital. Robert W. Baird maintained Laredo Petroleum, Inc. (NYSE:LPI) rating on Monday, April 2. Robert W. Baird has “Buy” rating and $1200 target. The company was maintained on Wednesday, February 15 by FBR Capital. As per Thursday, February 15, the company rating was maintained by Williams Capital Group. The stock has “Sell” rating by J.P. Morgan on Friday, December 15. Nomura initiated Laredo Petroleum, Inc. (NYSE:LPI) on Thursday, December 3 with “Neutral” rating.

Investors sentiment increased to 1.39 in 2017 Q4. Its up 0.19, from 1.2 in 2017Q3. It increased, as 17 investors sold Laredo Petroleum, Inc. shares while 40 reduced holdings. 29 funds opened positions while 50 raised stakes. 251.28 million shares or 1.13% less from 254.15 million shares in 2017Q3 were reported. Columbia Pacific Advisors Ltd Liability has invested 2.97% in Laredo Petroleum, Inc. (NYSE:LPI). Moreover, Parametric Port Associate Ltd Com has 0% invested in Laredo Petroleum, Inc. (NYSE:LPI) for 214,758 shares. Invesco Limited invested 0.01% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI). State Board Of Administration Of Florida Retirement holds 277,900 shares or 0.01% of its portfolio. Citadel Ltd Liability Corp holds 269,326 shares. Sailingstone Capital Ptnrs Lc has invested 12.17% in Laredo Petroleum, Inc. (NYSE:LPI). Raymond James Associate has 0% invested in Laredo Petroleum, Inc. (NYSE:LPI) for 16,966 shares. Jpmorgan Chase And reported 132,931 shares stake. Waddell And Reed Finance accumulated 0.1% or 4.30 million shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 7,333 shares. Renaissance Tech Limited Liability Company holds 0% or 61,100 shares. Voya Invest Management Limited Com holds 0.02% or 1.08M shares in its portfolio. 3.63 million were accumulated by Van Eck Associates Corporation. 3.26M are owned by Channing Capital Management Limited Liability Com. Aqr Cap Ltd Co invested 0.02% in Laredo Petroleum, Inc. (NYSE:LPI).

Analysts await Laredo Petroleum, Inc. (NYSE:LPI) to report earnings on August, 6. They expect $0.26 EPS, up 160.00% or $0.16 from last year’s $0.1 per share. LPI’s profit will be $60.76 million for 9.16 P/E if the $0.26 EPS becomes a reality. After $0.24 actual EPS reported by Laredo Petroleum, Inc. for the previous quarter, Wall Street now forecasts 8.33% EPS growth.

Another recent and important Laredo Petroleum, Inc. (NYSE:LPI) news was published by Globenewswire.com which published an article titled: “New Research Coverage Highlights Tyson Foods, Windstream, Laredo Petroleum, Idera Pharmaceuticals …” on May 16, 2018.

Laredo Petroleum, Inc. (NYSE:LPI) Institutional Positions Chart

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