-
Pfizer Analysts See 'Surprisingly Strong' Vaccine Updates In Q2, Question Biopharma's Blockbuster Potential
Wednesday, July 29, 2020 - 11:30am | 1009Read More...Pfizer Inc. (NYSE: PFE) reported forecast-beating second-quarter results Tuesday and raised its full-year guidance. The beat-and-raise quarter — and an update on its coronavirus vaccine program — sent the biopharma's shares higher by 3.94%. The Pfizer Analysts: BofA Securities...
-
Canada Goose's China Potential Is Underappreciated, UBS Says
Wednesday, July 22, 2020 - 2:01pm | 276Read More...The market seems overly concerned about Canada Goose Holdings Inc’s (NYSE: GOOS) 54% year-on-year inventory growth in the previous quarter and the impact of COVID-19 on its North America sales, while overlooking its massive potential in China, according to UBS. The Canada Goose Analyst: Jay...
-
Snap Sells Off As Losses Grow, But These Analysts Would Buy The Dip
Wednesday, July 22, 2020 - 11:25am | 705Read More...Snap Inc (NYSE: SNAP) shares traded lower by 8% on Wednesday after the company reported a $326 million net loss in the second quarter, up from a $255 million loss a year ago. Snap reported a 9-cent EPS loss on the quarter, in-line with consensus analyst estimates. Revenue of $454 million exceeded...
-
Fintech Focus For July 20, 2020
Monday, July 20, 2020 - 9:27am | 1771Read More...Daily Perspective: Things work out best for those who make the best of how things work out. - John Wooden Fintech Movers: Schwab now manages a record $4.11 trillion in client assets from 14.1 million accounts, having added 1.62 million new clients during the quarter, but still managed to see weak...
-
JB Hunt's Q2 Beat Sends Stock To All-Time Highs: What 5 Analysts Have To Say
Friday, July 17, 2020 - 3:24pm | 714Read More...J B Hunt Transport Services Inc (NASDAQ: JBHT) stock traded higher Friday after the company reported earnings and revenue beats Thursday afternoon. J B Hunt reported second-quarter EPS of $1.14 on revenue of $2.15 billion. Both numbers topped the consensus analyst estimates of 83 cents and $2....
-
What To Make Of Netflix's Q2 Earnings, Subscriber Growth And Valuation
Friday, July 17, 2020 - 10:40am | 856Read More...Netflix Inc (NASDAQ: NFLX) shares traded down on Friday after the streaming video giant missed the market with its second-quarter earnings report on Thursday afternoon. Netflix reported EPS of $1.59, missing analyst expectations of $1.81. Revenue for the quarter was $6.15 billion, ahead...
-
Spotify Hit With Double Downgrade As Upside Optionality Looks Fully Priced In
Tuesday, July 14, 2020 - 2:20pm | 316Read More...Shares of Spotify Technology SA's (NYSE: SPOT) have soared about 75% in the year-to-date period, rendering valuation less attractive. The Spotify Analyst: UBS analyst Eric Sheridan double downgraded shares of the music streaming platform from Buy to Sell but increased the price target...
-
UBS Downgrades Netflix, Eyes High Valuation And Tougher Comps
Tuesday, July 14, 2020 - 1:37pm | 418Read More...Close on the heels of Goldman Sachs assigning a Street-high price target of $670 for Netflix Inc (NASDAQ: NFLX) shares, a UBS analyst dropped their bullish stance. The Netflix Analyst: Eric Sheridan downgraded Netflix from Buy to Neutral with a $535 price target. UBS On...
-
Fintech Focus For June 29, 2020
Monday, June 29, 2020 - 10:17am | 1810Read More...Daily Perspective: The greatest glory in living lies not in never falling, but in rising every time we fall. - Nelson Mandela Fintech Movers: Ally Financial and CardWorks are terminating their planned $2.65 billion merger, the companies announced Wednesday in a press release. The companies cited...
-
3 Kroger Analysts On Q1 Numbers, Digital Sales, Pandemic Trends
Friday, June 19, 2020 - 12:23pm | 617Read More...Grocery chain Kroger Co (NYSE: KR) reported Thursday with first-quarter results that were highlighted by an EPS and same-store sales beat. Here's how the Street reacted. The Kroger Analysts: Wells Fargo analyst Edward Kelly maintains an Overweight rating on Kroger's stock with an...
-
6 Lululemon Analysts On Q1 Performance, Coronavirus Strategy
Friday, June 12, 2020 - 12:34pm | 842Read More...Lululemon Athletica Inc (NASDAQ: LULU) posted a 17% revenue decline in the first quarter Thursday despite 68% e-commerce growth. Earnings of 22 cents per share missed the Street estimate by a penny, while gross margins beat the consensus by more than 100 basis points. “We come...
-
The Street Debates Whether Five Below's Stock Is A Bargain
Wednesday, June 10, 2020 - 1:05pm | 736Read More...Value retailer Five Below Inc (NASDAQ: FIVE) reported first-quarter results Tuesday that were highlighted by a 52% decline in comps and a wider-than-expected loss of 91 cents per share due to the COVID-19 pandemic. Yet some Street analysts remain bullish on the stock on the basis of an encouraging...
-
Does Chewy Deserve A Treat After Q1 Print? The Street Debates
Wednesday, June 10, 2020 - 11:09am | 549Read More...The online store for "pet parents" Chewy Inc (NYSE: CHWY) reported Tuesday with first-quarter results highlighted by 46% revenue growth and record new active customer adds. Here's how the Street reacted. The Chewy Analysts UBS analyst Eric Sheridan maintains a Neutral rating on...
-
UBS Upgrades Vale On Oil Prices, Cost Dilution
Wednesday, June 3, 2020 - 1:26pm | 337Read More...Weakness in iron ore prices is not a major concern for Vale SA (NYSE: VALE), while rising oil prices could act as the main catalyst for the stock, according to UBS. The Vale Analyst Andreas Bokkenheuser upgraded Vale from Neutral to Buy, while reducing the price target from $13 to $12. The Vale...
-
9 Nvidia Analysts On Q1 Beat, Ampere GPU: 'A Pure Play In Accelerated Computing'
Friday, May 22, 2020 - 11:47am | 1324Read More...NVIDIA Corporation (NASDAQ: NVDA) reported strong fiscal year 2021 first-quarter results Thursday after the close, sending the chipmaker's stock higher Friday. The Nvidia Analysts UBS Securities analyst Timothy Arcuri maintained a Buy rating on Nvidia shares and raised the price target...













