-
Benchmark: TrueCar Faces Near-Term Challenges, Could Recover In Second Half Of Year
Friday, May 10, 2019 - 11:19am | 422Read More...Online automotive marketplace TrueCar Inc (NASDAQ: TRUE) reported below-consensus bottom line results for the first quarter Thursday and issued weak second-quarter revenue guidance. The company also lowered its 2019 guidance. The Analyst Benchmark analyst Daniel Kurnos maintained a Hold rating on...
-
Analysts React To Amazon's Q1: Everyone Remains A Bull
Friday, April 26, 2019 - 11:55am | 1222Read More...Amazon.com, Inc. (NASDAQ: AMZN) reported a notable beat on the profit line in its first-quarter results, although management's operating profit outlook for the second quarter fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The...
-
The Street's Mixed Reaction To eBay's Q1
Friday, April 26, 2019 - 8:20am | 909Read More...Online marketplace eBay Inc (NASDAQ: EBAY) reported Tuesday with first-quarter results that came in better than expected — but not all Street analysts are impressed with the print. The Analysts Morgan Stanley's Brian Nowak maintained an Equal-weight rating on eBay ...
-
Analysts Still Hot On Cars.com Despite Revenue Declines
Friday, March 1, 2019 - 2:07pm | 473Read More...Cars.com Inc (NYSE: CARS) has nearly recovered from its fourth-quarter earnings plunge. Management reported softer-than-expected revenue with underperformance in multiple metrics. Still, Barrington considered Cars’ results a signal of progress. The bottom line came in at more than double...
-
Analysts Downgrade TrueCar, Forecast Weak Fundamentals
Friday, February 15, 2019 - 9:57am | 451Read More...The Street had little love for TrueCar Inc (NASDAQ: TRUE) this Valentine’s Day. Analysts pulled back when the online auto market reported an earnings miss and issued weak guidance. The Ratings RBC Capital analyst Mark Mahaney downgraded TrueCar to Sector Perform and cut his price target from...
-
Benchmark Continues To See IAC As Core Long-Term Holding
Monday, February 11, 2019 - 4:07pm | 412Read More...IAC/InterActiveCorp (NASDAQ: IAC) shares are moving higher after the company posted a fourth-quarter earnings beat last week driven by strong results from Match Group Inc (NASDAQ: MTCH). The Analyst Benchmark analyst Daniel Kurnos reiterated a Buy rating on IAC/InterActive with...
-
Benchmark: For First Time In Years, 1-800-Flowers Delivered A 'Complete Holiday Quarter'
Friday, February 1, 2019 - 1:43pm | 355Read More...1-800-Flowers.Com Inc (NASDAQ: FLWS) reported fiscal second-quarter results which marks the first time in years the company offered investors a "complete holiday quarter," according to Benchmark. The Analyst Benchmark's Daniel Kurnos maintains a Buy rating on Flowers.com ...
-
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...
-
Cars.com Explores Strategic Alternatives, Analyst Sees Possible Sale Price Around $30 Per Share
Thursday, January 17, 2019 - 10:28am | 534Read More...After months of rumors, Cars.com Inc (NYSE: CARS) announced Wednesday its ongoing review of strategic alternatives, including a possible sale. What Happened Management has been working with external advisors to initiate a process since receiving Board authorization Sept. 28. "We are confident...
-
What To Do With eBay Now? Analysts Debate
Wednesday, October 31, 2018 - 3:19pm | 744Read More...EBay Inc (NASDAQ: EBAY) reported Tuesday its third-quarter results highlighted by an EPS beat, in-line revenue and a better-than-expected earnings guidance for the fourth quarter. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts DA Davidson's...
-
Analysts React To Amazon's Mixed Earnings, Holiday Guidance
Friday, October 26, 2018 - 10:18am | 679Read More...Amazon.com, Inc. (NASDAQ: AMZN) reported third-quarter earnings Thursday, announced new product launches and adjusted its fourth-quarter guidance. Q3 EPS of $5.75 beat a $3.12 consensus estimate, while sales of $56.576 billion missed the consensus of $57.1 billion. Q4 sales guidance came in a...
-
Canopy Growth's Global Opportunity Could Reach $200B, Benchmark Says In Bullish Initiation
Tuesday, September 25, 2018 - 2:11pm | 471Read More...Shares of cannabis and hemp company Canopy Growth Corp. (NYSE: CGC) have doubled since the stock began trading on the New York Stock Exchange back in May. In August, beverage company Constellation Brands, Inc. (NYSE: STZ) announced a $4-billion investment in the company, increasing its stake...
-
Booking Holdings Is Playing Catch-Up In Online Travel Growth Areas, Analyst Says In Downgrade
Friday, June 22, 2018 - 4:29pm | 332Read More...Booking Holdings Inc. (NASDAQ: BKNG) was hit with a downgrade Friday, as one sell-side analyst said the company is playing from behind in some of the online travel space's key growth areas. The Analyst Benchmark analyst Daniel Kurnos downgraded Booking Holdings from Buy to Hold...
-
Micron's DRAM Trends, Cost Leadership, Buyback Potential Win Bullish Sell-Side Initiation
Friday, June 22, 2018 - 11:41am | 273Read More...Micron Technology, Inc. (NASDAQ: MU) has moved from a "cash burn" to a "cash return" story in the space of two years, Benchmark said in a bullish Friday initiation note. The Analyst Analyst Mike Burton initiated coverage of Micron with a Buy rating and $80 price...
-
Some Of Uber's Shareholders Aren't Confident Immelt Could Handle Kalanick's Wild Side
Friday, August 25, 2017 - 9:12am | 362Read More...Jeffrey Immelt, the former CEO of General Electric Company (NYSE: GE), reportedly isn't ready to retire from the business world and wants to take over the vacant CEO spot at Uber. Despite his experience in running a Dow-component global behemoth, he may not have the full support of Uber's investors...
















