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Analysts Debate If GameStop Can Power Back Up
Wednesday, December 11, 2019 - 12:08pm | 654Read More...GameStop Corp. (NYSE: GME) reported third-quarter results highlighted by a notable earnings miss, a 30% drop in sales and a downward revision to 2019 guidance. The stock reacted sharply to the downside and analysts debated how much power is left in the retailer's life bar. The Analysts...
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Benchmark Weighs Pros And Cons Of Booking Holdings Heading Into 2020
Tuesday, November 19, 2019 - 4:45pm | 346Read More...Booking Holdings Inc (NASDAQ: BKNG) shares are at a crossroads heading in 2020. The Analyst Benchmark analyst Daniel Kurnos maintains a Hold rating on Booking's stock. The Thesis Kurnos weighed both sides of Booking Holdings catalysts heading into the upcoming year. On one hand, the analyst...
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Nvidia Impresses Analysts With Datacenter Resurgence, Expanding Margins
Friday, November 15, 2019 - 2:11pm | 1039Read More...NVIDIA Corporation (NASDAQ: NVDA) reported mixed quarterly numbers, with the third-quarter results exceeding expectations, while the fourth-quarter revenue guidance was light. The Analysts Bank of America analyst Vivek Arya reiterated a Buy rating on Nvidia and raised the price target from $250 to...
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Analysts, Investors Like Alibaba's Q2 Print, Expanding Market
Monday, November 4, 2019 - 12:28pm | 384Read More...Alibaba Group Holding Ltd (NYSE: BABA) shares were on the rise Monday following the Chinese internet company's report of solid second-quarter results, and sell-side analysts were continuing to recommend the stock amid an expanding digital marketplace. The Analysts Bank of America Merrill Lynch...
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Investors Give WWE's Stock An RKO, But These Analysts Aren't Tapping Out
Friday, November 1, 2019 - 4:05pm | 546Read More...World Wrestling Entertainment, Inc. (NYSE: WWE) reported third-quarter results with weakness across the board. Shares fell more than 15%, but analysts aren't tapping out of the stock yet. The Analysts Morgan Stanley analyst Benjamin Swinburne maintains an Overweight rating on WWE's stock...
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Analysts Upbeat On AMD's Product Roadmap, Execution
Wednesday, October 30, 2019 - 11:39am | 860Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) reported third-quarter results, with fourth-quarter revenue guidance indicated to come in line or below the consensus. The Analysts Morgan Stanley analyst Joseph Moore maintained an Equal-Weight rating and $32 for shares of AMD. (See his track record...
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EA's Strong Quarter Overshadowed By 'Battlefield' Pushout
Wednesday, October 30, 2019 - 11:10am | 486Read More...Electronic Arts Inc. (NASDAQ: EA) turned in an unexpectedly strong second quarter with revenue and earnings beating expectations. But analysts' enthusiasm was limited by the company's unexpected decision to push the next title in its "Battlefield" franchise out a year to 2022,...
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On Semiconductor Valuation Is Attractive Ahead Of Earnings Acceleration, Benchmark Says In Bullish Initiation
Friday, September 20, 2019 - 12:31pm | 367Read More...Notwithstanding apprehensions concerning the timing of a recovery in the semiconductor cycle, one analyst at Benchmark is upbeat about the prospects of ON Semiconductor Corp (NASDAQ: ON). The Analyst Ruben Roy initiated coverage of ON Semiconductor at Buy with a $26 price target. The Thesis ON has...
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'Limited Scope, Time To Stage A Turnaround': GameStop Analysts React To Difficult Q2
Wednesday, September 11, 2019 - 11:59am | 691Read More...GameStop Corp. (NYSE: GME) continues to have a difficult year after reporting a second-quarter earnings miss Tuesday. Here's what the Street had to say. Credit Suisse: It May Get Worse Before It Gets Better Credit Suisse analyst Seth Sigman said in a Wednesday note that the retailer...
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Benchmark Upgrades WWE, Sees Improving Engagement Metrics Ahead
Friday, July 26, 2019 - 11:50am | 392Read More...Despite a mixed second quarter, World Wrestling Entertainment, Inc. (NYSE: WWE) is up more than 10% following Thursday's earnings print. WWE’s quarter also inspired an analyst upgrade. The Analyst Benchmark analyst Mike Hickey upgraded WWE from Hold to Buy and set a $90 price target for...
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Analysts Aren't Shaken By Amazon's Q2 Earnings
Friday, July 26, 2019 - 11:21am | 698Read More...E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) reported second-quarter results that fell short of expectations across multiple metrics. Amazon earned $5.22 per share in the quarter on revenue of $63.4 billion. This compares to the Street's expectations of $5.58 per share and $62.4 billion....
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Benchmark Downgrades Autohome On Growth Outlook Concerns Amid Weakness In Auto Sales
Friday, July 19, 2019 - 2:11pm | 248Read More...Continuous weakness in auto sales is likely to limit OEM ad spending across all channels, which adversely impacts Autohome Inc’s (NYSE: ATHM) growth outlook, according to Benchmark. The Analyst Benchmark’s Fawne Jiang downgraded Autohome from Buy to Hold. The Thesis Auto dealers in...
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Benchmark Says GrubHub Will Be A Winner In The Food Delivery Space
Friday, July 19, 2019 - 9:12am | 324Read More...The food delivery space is big enough for several players and GrubHub Inc (NYSE: GRUB) can stand out as "one of the winners," according to Benchmark. The Analyst Benchmark's Daniel Kurnos initiated coverage of GrubHub with a Buy rating and $95 price target. The Thesis Kurnos said...
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InVitae Analyst: Acquisition Beefs Up Company's Hereditary Cancer Testing Capacity
Friday, July 12, 2019 - 12:31pm | 332Read More...After purchasing Singular Bio in June, InVitae Corp (NYSE: NVTA) now plans to acquire Jungla, which would add to its hereditary cancer testing capabilities, according to Benchmark. The Analyst Bruce Jackson maintained a Buy rating on InVitae and raised the price target to $26. The Thesis InVitae...
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2 Analysts Turn Incrementally Bullish On IAC InterActive
Friday, May 10, 2019 - 3:24pm | 497Read More...IAC/InterActiveCorp (NASDAQ: IAC) reported Thursday first-quarter results that were mostly in-line with expectations and prompted at least two analysts to turn incrementally bullish on the stock. Bank of America's Nat Schindler maintains a Buy rating on IAC InterActive with a price target...
















