BMO

BMO Capital Markets earlier this week downgraded shares of Bristol-Myers Squibb Co (NYSE: BMY), citing strong near-term headwinds and the lower odds of a takeout. Near-Term Headwinds Analyst Alex Arfaei listed a few near-term evens he believes will likely further increase uncertainty about...

BMO Capital Markets said in a note CHS-3351 may be Coherus Biosciences Inc (NASDAQ: CHRS)'s most underappreciated asset. CHS-3351 is a biosimilar of ranibizumab, an mAb fragment against VEGF-A used to treat neovascular age-related macular degeneration, or AMD. Promising Potential Analyst Ian...

Advanced Micro Devices, Inc. (NASDAQ: AMD)'s earnings report on Monday sent shares plunging more than 17 percent on Tuesday. Here is a summary of what some of Wall Street's top analysts are saying after the print. Barclays: Company Needs To Smash Estimates Barclays' Blayne Curtis rates...

Despite all doomsday predictions for Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) following the YouTube advertiser pullback controversy, the company turned in strong quarterly results. Impressive Ad Strength UBS analyst Eric Sheridan sees across-the-board strength in Google's first-quarter...

Microsoft Corporation (NASDAQ: MSFT)'s Azure collection of integrated cloud services will help its Intelligent Cloud business generate more than 10 percent growth in fiscal 2018, BMO Capital Markets analyst Keith Bachman estimated Friday. “Moreover, we believe Microsoft’s advantage in...

John Morris of BMO Capital Markets initiated coverage of Canada Goose Holdings Inc. Subordinate Voting Shares (NYSE: GOOS)'s Toronto-listed stock (TSE: GOOS) with an Outperform rating and C$28 price target. According to Morris, the maker of high-end outerwear which recently completed an IPO gives...

Following its assessment of Wal-Mart Stores Inc (NYSE: WMT)'s March pricing data, BMO Capital Markets said the data trend has it increasingly concerned about slowing transaction growth. That said, the firm thinks Easter in an important first-quarter event. Sequential Price Cuts Across The Board...

Shares of Panera Bread Co (NASDAQ: PNRA) soared to new all-time highs of $292.42 last Friday following a Bloomberg report that suggested the sandwich and bakery chain may be exploring strategic alternatives, including a potential sale of itself. Here is a summary of what some of Wall Street's most...

Daniel Salmon of BMO Capital Markets downgraded shares of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) from Outperform to Market Perform with a price target lowered from $1,005 to $880. Coinciding with Google's downgrade, the analyst named Amazon.com, Inc. (NASDAQ: AMZN) as the firm's new...

FedEx Corporation (NYSE: FDX) reported after the market close on Tuesday adjusted third-quarter earnings that sorely missed estimates, while its revenues were in line. The company blamed the earnings miss on the negative net impact of fuel, one fewer operating day at FedEx Express and FedEx...

Laureate Education Inc (NASDAQ: LAUR), which recently made its trading debut earlier this month, got a warm welcome from Wall Street as most of the brokerages started coverage of the company on a bullish note. What's Laureate, And What's The Demand? Laureate operates a network of higher education...

Nvidia Corporation (NASDAQ: NVDA) shares dropped 8 percent Thursday following successive downgrades from BMO and Nomura analysts. BMO said Nvidia was overvalued as strength in fundamentals wanes with competition shifts. Nomura suggested that investors turn to Intel Corporation (NASDAQ: INTC) in...

BMO’s Ambrish Srivastava believes NVIDIA Corporation (NASDAQ: NVDA) shares are overvalued at the current levels, given that “the perfect storm in fundamentals that drove the rarely seen magnitude of earnings upside is ebbing.” The analyst downgraded the rating on the company from...

The strong first-quarter results made Apple Inc. (NASDAQ: AAPL) sweet again for investors, with several points to cheer — including return of iPhone growth and continued solid performance in the services unit. Apple reported 78.3 million in sales of iPhone units for the quarter ended December...

Shares of Mattel, Inc. (NASDAQ: MAT), known for its Barbie brand of toys, plunged more than 15 percent after a “surprise” fourth-quarter EPS miss due to the late arrival of Christmas retail selling season. Investors were taken by surprise with the toy maker announcing the year’s...