-
Western Digital Delivers Across The Board Beat; How Is It Better Than Seagate?
Thursday, January 26, 2017 - 2:45pm | 483Read More...Western Digital Corp (NASDAQ: WDC) is reaping the rewards of its SanDisk acquisition that not only helped the storage company deliver a blow-out quarter and solid guidance, but also keeps it a touch ahead of rival Seagate Technology PLC (NASDAQ: STX). Western Digital has acquired SanDisk in May...
-
Qualcomm Legal Woes Take The Spotlight
Thursday, January 26, 2017 - 1:47pm | 359Read More...Despite an earnings beat from QUALCOMM, Inc. (NASDAQ: QCOM), BMO’s Tim Long prefers to remain on the sidelines as he believes the stock will be range-bound given the legal overhangs. The legal fight with Apple Inc. (NASDAQ: AAPL) took the spotlight on the call and Long sees long-term risk...
-
BMO Sees 24% Upside In CSX Shares, Upgrades To Outperform
Monday, January 23, 2017 - 1:38pm | 307Read More...BMO upgraded CSX Corporation (NASDAQ: CSX) to Outperform from Market Perform on predication that Mantle Ridge LP being successful in its effort to install Hunter Harrison as CEO of CSX. “We believe that the probability of this occurring is fairly high without going down the road of a...
-
BMO Boosts Target On Alphabet To $1,000 Ahead Of Thursday's Earnings
Monday, January 23, 2017 - 12:41pm | 306Read More...In a positive bias ahead of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)’s earnings report Thursday, BMO raised its target price to $1000 from $960 on upcoming changes to YouTube advertising. Bullish BMO Google announced that it will develop a new cloud-based, cross-device measurement solution...
-
The Sell-Side Less Than Impressed By IBM's Q4 Beat
Friday, January 20, 2017 - 2:27pm | 531Read More...International Business Machines Corp. (NYSE: IBM) may have reported better-than-expected fourth quarter numbers and guided FY 2017 EPS modestly above consensus. But, sell-side analysts are not impressed by the results as they look for better earnings quality, improvement in organic growth and...
-
House Of Calls: Analysts React To Stellar Quarter From Netflix
Friday, January 20, 2017 - 10:20am | 855Read More...Netflix, Inc. (NASDAQ: NFLX) continues to hold the significant gains it experienced after-hours Wednesday after reporting a remarkable fourth quarter in which it saw the most subscriber adds in a quarter in company history. Netflix stock also hit a new all-time high. Netflix's fourth quarter saw...
-
Netflix Bulls Win The Day As Subs Data Outweigh Competition Concerns
Thursday, January 19, 2017 - 3:27pm | 397Read More...Netflix, Inc. (NASDAQ: NFLX) shares set a new 52-week high of $143.46 as investors put the free cash flow and competition concerns on the backburner and rather focused on better-than-expected subscriber additions. Print Highlights Here are some highlights of Netflix’s Q4 earnings: Netflix...
-
Wall Street Has Absolutely No Idea What To Make Of Disney
Wednesday, January 18, 2017 - 2:45pm | 637Read More...Walt Disney Co (NYSE: DIS)'s shares had a roller coaster ride in 2016, which ended with a loss of 0.82 percent. Fundamental performance was also lackluster, with the company reporting below-consensus results in the fiscal second and fourth quarters of 2016, while it trumped estimates in the first...
-
Are Investor Concerns On Monster Beverages Misplaced?
Friday, January 13, 2017 - 12:54pm | 381Read More...BMO reiterated its Outperform rating on the shares of Monster Beverage Corporation (NASDAQ: MNST) saying investors' concerns of sales growth deceleration in the United States appear misplaced. The bullish comments from BMO come after a note from Wells Fargo’s Bonnie Herzog discussing...
-
Visa Now BMO's Top Pick In Fintech
Friday, January 6, 2017 - 2:12pm | 409Read More...BMO Capital Markets said in a note on Thursday Visa Inc (NYSE: V) is its top pick in the fintech sector. While switching preference to Visa, the firm still maintains its Outperform rating on the shares of Mastercard Inc (NYSE: MA). Secular Shift To E-Payments To Benefit Visa, MasterCard...
-
Alexion's Drug Trial Miss Doesn't Change Analysts' Long-Term Thesis
Thursday, December 22, 2016 - 12:15pm | 342Read More...Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) announced that Soliris has failed to meet primary endpoints in a Phase II/III study related to the prevention of delayed graft function in adult recipients of diseased-donor kidney transplants who have elevated risk of disease. Soliris failed to achieve...
-
JAKKS Pacific Investors Get Coal In Their Stockings As Company Cuts Guidance
Monday, December 19, 2016 - 12:39pm | 298Read More...Following the negative pre-announcement from JAKKS Pacific, Inc. (NASDAQ: JAKK) last Friday, BMO Capital Markets downgraded the shares of the company and lowered its price target. The firm shared in a note released on Monday this is the second outlook reduction in two months. Company's Line At...
-
Lululemon Warns Q4 Off To A Slow Start
Thursday, December 8, 2016 - 12:57pm | 259Read More...Lululemon Athletica inc. (NASDAQ: LULU) reported an earnings beat and $100 million stock buyback after the market close on Wednesday. The stock spiked in after-hours trading before leveling off up around 16 percent at $69. BMO Bucks Wall Street Trend: Market Perform In contrast with the market...
-
Why Costco Had A Stronger Q1 Than You Think
Thursday, December 8, 2016 - 12:47pm | 295Read More...Costco Wholesale Corporation (NASDAQ: COST) saw its stock gain more than 3 percent on Thursday as investors reacted favorably to the company's fiscal first-quarter earnings report. Although some Wall Street analysts weren't particularly impressed with the earnings report, Kelly Bania of BMO Capital...
-
NVIDIA's Crazy Run Begins To Slow Down
Thursday, December 1, 2016 - 4:18pm | 569Read More...NVIDIA Corporation (NASDAQ: NVDA), which was range bound between the $15 and $23 levels for over four years, broke out of the range in September 2015. Thereafter, the stock witnessed a breathtaking rally, which saw its shares gain 274 percent since the end of September 2015. Steep Ascent Around...















