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Macquarie Upgrades Motorola Solutions To Neutral
Wednesday, February 24, 2016 - 3:55pm | 284Read More...Macquarie has upgraded Motorola Solutions Inc (NYSE: MSI) to Neutral from Underperform on its recent acquisition of UK-based Airwave and valuation. "Well flagged near-term FX and macro headwinds in LatAm/ Europe as well as a decline in iDEN will likely lead to an organic top-line decline...
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Indian Crude Demand May Prevent Demand Growth From Falling To 800K/900K bpd
Tuesday, February 23, 2016 - 9:45am | 263Read More...Macquarie's Vikas Dwivedi mentioned that robust Indian oil demand growth appears to be an "underappreciated factor" when considering global crude demand and "a source of growing consternation for demand bears." India's oil product demand surged 440 K BPD, or 12.7 percent y/y, in January to 4.1 MM...
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Macquarie Starts Coverage Of Hewlett Packard Enterprise, But Isn't Buying Yet
Monday, February 22, 2016 - 11:42am | 359Read More...Macquarie initiated coverage of Hewlett Packard Enterprise Co (NYSE: HPE) with a Neutral rating and $13 price target saying that though the company would benefit from a spinoff, it is too early for HPE to stem the market share declines in a challenging industry environment. "While we believe HPE is...
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Facebook Is Quietly Supporting This Satellite Company With 40% Upside
Friday, February 12, 2016 - 10:58am | 304Read More...In a new report, Macquarie analyst Andrew DeGasperi discussed the firm’s bullish take on European-listed EUTELSAT COMMUNICA EUR1 (OTC: EUTLF). Eutelsat provides satellite communication services. DeGasperi believes that the stock is currently priced about 10 percent below its peers based on...
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WWE Posts Record-Breaking Year, But What About Subscriber Growth?
Thursday, February 11, 2016 - 1:43pm | 377Read More...World Wrestling Entertainment, Inc. (NYSE: WWE) had analysts up against the ropes Thursday after pummeling earnings and revenue expectations for the fourth quarter. The company posted earnings of $0.04 a share compared to consensus of breakeven. Revenue came in at $166.2 million against $161.3...
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Macquarie 'More Optimistic' On Twitter, Still Neutral On Shares
Thursday, February 11, 2016 - 11:45am | 384Read More...Following Twitter Inc (NASDAQ: TWTR)'s Q4 2015 earnings release and call, analysts all along the Street are adding their voices to the mix, updating their ratings and adjusting expectations based upon the mixed results and guidance published Wednesday. Ben Schachter, Macquarie analyst, took part...
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Analysts Hesitant After LinkedIn's Conservative Guidance; Shares Plummet More Than 42%
Friday, February 5, 2016 - 2:31pm | 718Read More...Analysts roundly panned LinkedIn Corp (NYSE: LNKD)'s 2016 outlook after the company lowered guidance in a fourth-quarter earnings report this week. The company also offered a surprise for investors in announcing it would merge the B2B marketing solution it purchased last year, Bizo, into an...
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Macquarie Says 'Another Product Surprise Overshadows Healthy Core'
Friday, February 5, 2016 - 9:43am | 267Read More...Shares of LinkedIn Corp (NYSE: LNKD) have lost 24 percent since November 5. Macquarie’s Tom White maintained an Outperform rating for the company, while reducing the price target from $260 to $225. The positive trends in the company’s business are likely to be overshadowed by...
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Wall Street Yawns At Yahoo's Restructuring Plan
Wednesday, February 3, 2016 - 6:19pm | 264Read More...Yahoo! Inc. (NASDAQ: YHOO) reported fourth-quarter results on Tuesday, prompting the equivalent of a yawn from Wall Street firms. The company is under increasing pressure to spin off core assets and optimize its mobile and search divisions. It met the Street's non-GAAP diluted EPS estimate...
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Macquarie's Schachter: Apple Inc. Will Let Others Have First-Mover VR Advantage Before Moving Into Industry
Tuesday, February 2, 2016 - 3:08pm | 340Read More...Apple Inc. (NASDAQ: AAPL)'s connection with the virtual reality space is a hotly debated topic. Piper Jaffray's Gene Munster, speaking to Benzinga, said last week he believed the company would get into "mixed reality," a phenomenon that combines VR with wearables. "The...
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Apple Could 'See Bottom Soon,' Macquarie Analyst Predicts
Wednesday, January 27, 2016 - 1:58pm | 296Read More...Macquarie Research issued a company note on Apple Inc. (NASDAQ: AAPL) after the company reported first-quarter revenue. The firm rates Apple as Outperform with a $117 price target. Analyst Ben Schachter wrote, "In our view, aside from the macro, investors shouldn't read too much into...
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Analysts: GNC's Q4 Numbers Should 'Reduce Negative Sentiment'
Thursday, January 21, 2016 - 4:12pm | 179Read More...Macquarie increased their earnings per share projection for GNC's fiscal year 2015 to $2.91. Analysts doubled down on their Outperform rating and $45 12-month price target. GNC is scheduled to release its Q4 report on February 11. Positive Q4 numbers from GNC Holdings Inc (NYSE:...
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CSX Shares Recovering Following Q4 Results; Analysts React
Thursday, January 14, 2016 - 2:50pm | 581Read More...CSX Corporation (NASDAQ: CSX) shares are recovering on Thursday following Q4 results. The company fell to its lowest price in nearly three years, with the demand for rail cargo expected to fall this year. Here is how analysts are currently reacting. Macquarie: Neutral Rating, PT Of $24 Macquarie...
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Has Macy's Stock Bottomed?
Thursday, January 7, 2016 - 1:15pm | 391Read More...Bearish insights came from analysts about Macy's, Inc. (NYSE: M) stock, after the retail department store had been faced with a challenging Q4. The retailer reduced its full-year profit forecast to $3.85 to $3.90 per share compared to earlier guidance of $4.20 to $4.30. The company also...
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Why Does Macquarie Hate Caterpillar Stock?
Wednesday, January 6, 2016 - 12:55pm | 236Read More...Macquarie has a reason for investors to dislike Caterpillar Inc. (NYSE: CAT) stock. Caterpillar on Tuesday received an Underperform rating from Macquarie and a price target of $67.96, after the firm saw month-over-month pricing in the US down 62 bps. The firm analyzed ~$1.7 billion of U.S....
