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McDonald's Holds Back On Plant-Based Burger Trend
Thursday, May 23, 2019 - 3:23pm | 316Read More...McDonald’s Corp (NYSE: MCD) said Thursday that it is not sharing any plans to join the meatless burger trend, according to CNBC. McDonald’s shares were trading down 0.79 percent at $198.39 at the time of publication Thursday. During the annual shareholder meeting for...
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Barclays Upgrades Becton Dickinson, Says Market Overreacted To FDA's Drug-Coated Balloon Update
Monday, May 13, 2019 - 11:43am | 375Read More...Becton Dickinson and Co’s (NYSE: BDX) stock has lost more than 10 percent since March 15 in response to the FDA update on drug-coated balloons, or DCBs. The market seems to have overreacted to the news, and the upcoming FDA Advisory Committee meeting scheduled for June 19-20 may...
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Adient Stock Remains 'Undeniably Cheap' Despite Recent Rally, Barclays Says In Upgrade
Tuesday, April 16, 2019 - 11:42am | 444Read More...Adient PLC (NYSE: ADNT) announced preliminary guidance Monday for the second quarter. Although the stock experienced a record rally in April, shares remain “undeniably cheap" given the automotive supplier's 2021 earnings power — and could appreciate significantly if...
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Why Farhan Ahmad Is Wanting To Lend A Hand To SMBs
Friday, April 12, 2019 - 2:00pm | 820Read More...Benzinga's Fintech Focus Podcast features conversations with the biggest names in fintech. Subscribe to the Fintech Focus newsletter to get a roundup of industry news delivered to your inbox weekly, and check out upcoming programming at Benzinga events. In this episode of the Fintech Focus...
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Tesla Analysts Weigh In On Huge Deliveries Miss
Thursday, April 4, 2019 - 11:13am | 798Read More...Tesla, Inc. (NASDAQ: TSLA) crashed more than 9 percent Thursday after the company reported first-quarter auto deliveries well below Wall Street expectations. Tesla reported 50,900 Model 3 deliveries in the first quarter, missing consensus analyst estimates of 52,450. Total deliveries of 63,000...
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Experts React To Nike's Q3: Were Expectations Too High?
Friday, March 22, 2019 - 10:08am | 470Read More...Nike Inc (NYSE: NKE) reported fiscal third-quarter results Thursday that sent the stock lower as investors showed signs of concerns with poor North American sales. Poser: Expectations Were High Nike was up against high expectations in the recent quarter, and when investors take a...
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Barclays Fastens Seat Belt for Earnings Growth For Spirit, But Sees Shorter Runway For JetBlue
Monday, March 11, 2019 - 3:26pm | 598Read More...The ultra-low-cost air carrier market still has some spirit, despite overall concerns about consumer demand, Barclays said Monday, while singling out Spirit Airlines Inc. (NYSE: SAVE) as set to fly higher. It’s not all clear skies. While finding favorable tailwinds for Spirit, Barclays warned...
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Barclays Analyst Says Tesla Is No Apple
Tuesday, March 5, 2019 - 11:50am | 452Read More...Following the launch of the $35,000 Model 3, the Tesla Inc (NASDAQ: TSLA) bull thesis may have shifted, according to one Wall Street analyst. The Analyst Barclays analyst Brian Johnson reiterated his Underweight rating for Tesla and lowered his price target from $210 to $192. The Thesis Johnson...
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Barclays Turns Bearish On Bed Bath & Beyond Amid Turnaround Efforts
Monday, March 4, 2019 - 3:23pm | 412Read More...Specialty home goods retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) has failed to show signs of success in restructuring its business, and there is little reason to believe an inflection point is coming, according to Barclays. The Analyst Barclays' Matthew McClintock downgraded Bed...
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Sell-Side Raise AutoZone Price Targets Following Big Earnings Beat
Wednesday, February 27, 2019 - 1:21pm | 711Read More...AutoZone, Inc. (NYSE: AZO) posted a major bottom-line beat in its second-quarter earnings report. Earnings per share of $11.49 far exceeded a $9.99 Street estimate, while sales of $2.451 billion marginally surpassed $2.45-billion forecasts. “Commercial comps continued to trend in +LDD [low-...
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Barclays Downgrades Fiat Chrysler On Unexpected North American Weakness
Friday, February 8, 2019 - 11:47am | 404Read More...Fiat Chrysler Automobiles NV (NYSE: FCAU) exceeded expectations with its fourth-quarter sales and profits. But weakness in China and at home discouraged Street experts. The Analyst Barclays analyst Brian Johnson downgraded FCA from Overweight to Equal Weight and cut the price target...
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After 'Sluggish' Q4 Print From eBay, Sell-Side More Focused On 'The Elephant In The Room'
Wednesday, January 30, 2019 - 1:34pm | 764Read More...E-commerce company eBay Inc (NASDAQ: EBAY) reported fourth-quarter results Tuesday, days after activist investor Elliott Management announced a stake of more than 4 percent. Here's how the Street reacted. The Analysts Barclays' Ross Sandler maintains an Overweight rating on...
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Analysts Aren't Too Optimistic Following Harley-Davidson's Earnings Miss
Wednesday, January 30, 2019 - 10:09am | 597Read More...Harley-Davidson Inc (NYSE: HOG) dropped 5 percent Tuesday on fourth-quarter earnings misses. Earnings per share of 17 cents fell short of a 29-cent forecast, and sales of $955.633 billion underperformed $1.05 billion expectations. Here’s what analysts have to say about it. Looks Better Than...
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Barclays Constructive On US Large-Cap Bank Stocks Ahead Of Earnings Reports
Friday, January 11, 2019 - 1:19pm | 752Read More...Bank earnings season is around the corner, and most banks are expected to continue their forecast-beating streak, according to Barclays. The Analyst Barclays analyst Jason Goldberg previewed big banks' Q4 earnings. The Thesis Higher loan growth, higher net interest margins, the...
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Analysts Forecast What's Next For Lumentum After The Oclaro Acquisition
Tuesday, December 11, 2018 - 1:02pm | 367Read More...Lumentum Holdings Inc (NASDAQ: LITE) confirmed Monday that its acquisition of Oclaro is complete. What Happened Lumentum's finalized acquisition of Oclaro creates a new entity with greater scale in telecom and datacom markets, Barclays' Blayne Curtis said in a research report. The...















