Jefferies

Ahead of Microsoft Corporation's (NASDAQ: MSFT) third-quarter results due Wednesday, one analyst at Jefferies discussed the software giant's near-term uncertainties and long-term prospects. The Microsoft Analyst Brent Thill maintained a Buy rating on Microsoft and increased the price target...

Domino's Pizza, Inc. (NYSE: DPZ) shares lost 0.64% Friday after the company reported first-quarter earnings and revenue beats but withdrew its long-term guidance. On Thursday, Domino's reported first-quarter EPS of $3.07 on revenue of $873.1 million. Both numbers beat consensus analyst...

Electric vehicle maker Tesla Inc (NASDAQ: TSLA) converted another one of its Wall Street skeptics on Monday. The Tesla Analyst Jefferies analyst Philippe Houchois upgraded Tesla from Hold to Buy, but cut his price target from $800 to $650. The Tesla Thesis In the note, Houchis said COVID-19 and...

One's pain is another's gain, and this phrase ringed in true in the case of Regeneron Pharmaceuticals Inc (NASDAQ: REGN). Jefferies deemed fit to upgrade shares on improved prospects for its eye disorder drug Eylea following disclosure of adverse events associated with Novartis AG's (...

Jefferies cut its rating on Tesla Inc (NASDAQ: TSLA), saying there needs to be better understanding of its battery business model. The Tesla Analyst Jefferies analyst Philippe Houchois downgraded Tesla from Buy to Hold, but raised the price target from $600 to $800. The Tesla Thesis Houchois said...

Legendary investor Warren Buffett and his Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) disclosed a $549.1-million stake in grocery chain Kroger Co (NYSE: KR) but not all Street analysts are convinced it's a wise investment. What Happened Shares of Kroger inched higher Friday after...

NVIDIA Corporation (NASDAQ: NVDA) is scheduled to report fiscal year 2020 fourth-quarter results Thursday after the market close.  The Nvidia Analysts Susquehanna Financial Group analyst Christopher Rolland maintained a Positive rating on Nvidia and lifted the price target from $285 to $...

Shares of Boeing Co (NYSE: BA) gained more than 2% Monday morning after the airplane manufacturer announced CEO Dennis Muilenburg's immediate resignation.   Boeing CFO Greg Smith will serve as interim CEO through Jan. 13, at which point Boeing Chairman David Calhoun will...

Victoria's Secret and Bath & Body Works' parent company L Brands Inc (NYSE: LB) is reportedly in talks to explore strategic alternatives, but this comes at a time when its core brands are "already broken," according to Jefferies. The Analyst Randal Konik maintained an...

Several analysts started coverage of public insurance distribution firm BRP Group Inc. (NASDAQ: BRP) bullish, citing strong revenue growth and expectations of beneficial consolidation. The Analysts Bank of America’s Jay Cohen initiated coverage with a Buy rating and $20 price target. Wells...

Tesla Inc (NASDAQ: TSLA) shares rose Monday after Jefferies boosted its target price on the stock along with a boost in its EBIT and per share earnings estimates in anticipation of revenue and earnings growth next year. The Analyst Phillippe Houchois maintained a Buy rating on Tesla and raised the...

SoftBank Group Corp - ADR (OTC: SFTBY) bets big on unicorns, but not all of them can fly.  Last quarter, Uber Technologies Inc (NYSE: UBER) and WeWork drove SoftBank's first operating loss in 14 years, according to Bloomberg. Masayoshi Son, chairman of the Japanese conglomerate,...

Electric automaker Tesla Inc (NASDAQ: TSLA) surprised investors with an unexpected third-quarter profit Wednesday afternoon. One Street analyst is urging investors not to celebrate yet, while one strategist said Tesla's stock is among the most overvalued in the market. Jefferies: Don't...

Despite a compelling valuation, it is difficult to assign Ezcorp Inc (NASDAQ: EZPW) a Buy rating following the recent corporate governance actions which represents a misalignment with non-voting shareholders, according to Jefferies. The Analyst Jefferies’ John Hecht downgraded Ezcorp from Buy...

The software industry remains viable for stock buyers, but they should focus on apps, rather than infrastructure, where many companies face the threat of being "Amazoned" out of market share, a Jefferies analyst said in a look at the sector. And in light of macroeconomic trends, stock...