-
'Zero Commissions Now A Reality': Wall Street Reacts To Broker Commission Cuts
Wednesday, October 2, 2019 - 10:21am | 738Read More...A week after Interactive Brokers Group, Inc. (NASDAQ: IBKR) introduced a platform that eliminated trading fees, both Charles Schwab Corporation (NYSE: SCHW) and TD Ameritrade Holding Corp. (NASDAQ: AMTD) have followed suit and cut fees on all stock and ETF trades to $0. Online broker stocks have...
-
Barclays Says Beyond Meat Has The Beef Investors Crave
Thursday, September 19, 2019 - 10:01am | 321Read More...Beyond Meat Inc (NASDAQ: BYND) is well positioned to win a notable share of the alternative meat market, according to Barclays. The Analyst Barclays analyst Benjamin Theurer initiated coverage of Beyond Meat's stock with an Overweight rating and $185 price target. The Thesis The bullish case...
-
Analysts Still Bullish On Adobe Despite Bookings Miss
Wednesday, September 18, 2019 - 11:41am | 603Read More...Shares of Adobe Inc (NASDAQ: ADBE) continued to fall on Wednesday after missing expectations on subscription bookings and lowering guidance for its Digital Experience business. Several sell-side analysts kept Buy recommendations on the stock, saying those negatives masked continued Accounting Rate...
-
Sell-Side On Elliott's Suggestions For AT&T: Already Working On It, Impact Likely Limited
Tuesday, September 10, 2019 - 11:48am | 761Read More...Sell-side analysts said Tuesday that much of what activist investor Elliott Management is suggesting for AT&T Inc. (NYSE: T) is already being contemplated — but public criticism from the new investor might make the company more aggressive and forthcoming about its plans....
-
Sell-Side: Short-Term Pain For Long-Term Gain With Palo Alto Networks
Thursday, September 5, 2019 - 1:00pm | 707Read More...Shares of Palo Alto Networks Inc (NYSE: PANW) continued to rebound with investors and sell-side analysts seeing long-term upside amid a shift to cloud security that outweighs weaker near-term guidance. The stock initially dropped after the fourth-quarter print despite results that beat Street...
-
Analysts Weigh In On MongoDB's Slowing Growth
Thursday, September 5, 2019 - 12:35pm | 512Read More...Mongodb Inc (NASDAQ: MDB) shares sank more than 9% on Thursday after the company reported a mixed second quarter on Wednesday afternoon. MongoDB’s adjusted EPS in the quarter was a loss of 26 cents, missing consensus estimates by 2 cents. Revenue for the quarter was $99.37, beating analyst...
-
Analysts Still Bullish On Slack Despite Earnings Sell-Off
Thursday, September 5, 2019 - 11:19am | 646Read More...Slack Technologies Inc (NYSE: WORK) shares tumbled 14% on Thursday morning after the company’s first quarterly earnings report since its direct listing in June disappointed the market. On Wednesday afternoon, Slack guided for revenue growth to slow significantly in coming quarters. Despite...
-
Autodesk Analysts: Sell-off May Be Overreaction, Fundamentals Remain Strong
Wednesday, August 28, 2019 - 11:42am | 891Read More...Sell-side analysts remained mostly bullish, though with lowered price targets, on Autodesk, Inc. (NASDAQ: ADSK) after a strong second-quarter print that was marred for investors by lowered guidance that reflects international economic concerns. Autodesk beat quarterly targets soundly, with revenue...
-
Why One Johnson & Johnson Analyst Sees Oklahoma Opioid Ruling As Near-Term Sentiment Positive
Tuesday, August 27, 2019 - 1:03pm | 829Read More...The Cleveland County District Court in Oklahoma ordered Johnson & Johnson (NYSE: JNJ) and its Janssen unit to pay $572 million to settle a lawsuit relating to their opioid drugs. The Analysts Morgan Stanley analyst David Lewis maintained an Equal-weight rating on Johnson & Johnson with...
-
Barclays Likes Chevron Better Than Exxon Right Now For Big Oil Investors
Monday, August 19, 2019 - 3:30pm | 446Read More...It’s the black gold of Permian Basin crude from West Texas that fuels the battle between Big Oil giants Chevron Corporation (NYSE: CVX) and Exxon Mobil Corporation (NYSE: XOM), but for Barclays it’s the green of cash that sets the two apart for investors. Barclays likes Chevron better...
-
The Street Agrees: Shake Shack Delivered Tasty Q2, But Valuation Is Full
Tuesday, August 6, 2019 - 1:34pm | 591Read More...Shake Shack Inc (NYSE: SHAK) delivered second-quarter results that came in notably above expectations but few analysts find the valuation attractive at current levels. The Analysts Barclays' Jeffrey Bernstein maintains a Neutral rating on Shake Shack with a $70 price target. Morgan Stanley'...
-
Analyst Roundup: Take-Two Jumps After Strong Q1 Beat, Record Engagement
Tuesday, August 6, 2019 - 1:20pm | 745Read More...Take-Two Interactive Software, Inc (NASDAQ: TTWO) stock was soaring Tuesday as analysts boosted price estimates in the wake of another big earnings beat and guidance that suggests the company thinks more wins are coming. The company reported higher net bookings and EPS 23 cents above the Street...
-
Is Chewy Stock Man's Best Friend Or A Pest? The Street Debates
Tuesday, July 9, 2019 - 12:52pm | 819Read More...Online pet products retailer Chewy, Inc. (NYSE: CHWY) began trading in mid-June and the analyst IPO quiet period has lifted. Is the stock is man's best friend or a pest? The Analysts Wells Fargo's Brian Fitzgerald initiated coverage of Chewy with an Outperform rating and $40 price...
-
Sell-Side Bullish On Uber As Quiet Period Ends
Tuesday, June 4, 2019 - 11:16am | 537Read More...More than a dozen sell-side analysts issued Buy recommendations Tuesday for Uber Technologies Inc. (NYSE: UBER) as the waiting period on rating the stock expired for banks that worked on its recent IPO. “Uber is a transformational company that should benefit from secular shifts to the sharing...
-
Barclays Cuts Tesla Price Target To $150
Thursday, May 30, 2019 - 9:33am | 368Read More...Tesla Inc (NASDAQ: TSLA) shares are trading at their lowest levels since 2016, and one analyst said Thursday there may still be more downside ahead. The Analyst Barclays analyst Brian Johnson reiterated his Underweight rating and lowered his price target from $192 to $150. The Thesis Tesla remains...
















