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Holiday Shopping's Best Performers So Far
Tuesday, November 29, 2016 - 4:10pm | 610Read More...Apple Inc. (NASDAQ: AAPL), Sony Corp (ADR) (NYSE: SNE), Microsoft Corporation (NASDAQ: MSFT), Amazon.com, Inc. (NASDAQ: AMZN), Hasbro, Inc. (NASDAQ: HAS) and Mattel, Inc. (NASDAQ: MAT) may be among the big winners this holiday shopping season if data released by Adobe Systems Incorporated (NASDAQ:...
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Thor Industries Cruises Past Q1 Estimates, BMO Concerned Over Capacity Constraints
Tuesday, November 29, 2016 - 1:47pm | 334Read More...Shares of Thor Industries, Inc. (NYSE: THO) surged more than 15 percent to set a new 52-week high of $104.35 after its first quarter earnings handily beat Street view on significantly-better-than-expected revenue and slightly better gross margin performance. Thor, which makes recreational...
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Here's All The Sell-Side Reaction To Hewlett Packard Enterprise's Q4 Earnings
Wednesday, November 23, 2016 - 4:25pm | 555Read More...Hewlett Packard Enterprise Co (NYSE: HPE) reported mixed results for its fourth quarter, and its first quarter EPS forecast missed consensus at the mid-point. Hewlett Packard Enterprises reported fourth-quarter revenue at $12.48 billion, below the consensus forecast of $12.82 billion, due to weak...
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BMO Downgrades CBS, Highlights New Media's Pecking Order
Wednesday, November 23, 2016 - 11:27am | 248Read More...BMO Capital Markets downgraded shares of CBS Corporation (NYSE: CBS) citing valuation. The firm said it believes the best mix shift story in media is fairly valued and that CBS will become a deal stock with Viacom, Inc (NASDAQ: VIAB). Analyst Daniel Salmon clarified that the outcome is not...
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Here's Why Retrophin's DUET Data Pushes Upside To 129%
Monday, November 21, 2016 - 3:24pm | 257Read More...Shares of Retrophin Inc (NASDAQ: RTRX) climbed more than 4 percent after it gave positive updated DUET data at the ASN meeting. Following this development, BMO analyst Do Kim raised the price target of the Outperform-rated Retrophin shares to $46 from $40. The revised target price implies...
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The Sell-Side Reaction To Lowe's Q3 Report
Friday, November 18, 2016 - 12:06pm | 309Read More...Home improvement retailer Lowe’s Companies, Inc. (NYSE: LOW) delivered third-quarter results short of estimates on both earnings and sales targets. Now the sell side has rushed in to make sense of what happened, especially after competitor Home Depot Inc (NYSE: HD) beat estimates on both top...
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Sell-Side Views Pour In After Cisco's First Quarter
Thursday, November 17, 2016 - 4:47pm | 496Read More...Cisco Systems, Inc. (NASDAQ: CSCO) continues to be weighed down after a disappointing first-quarter earnings release where the company offered future guidance lower than analyst expectations. At time of writing, shares were down 5.04 percent at $29.98. Sell-side analysts had plenty to say about one...
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Macy's Sees A Path To Unlock Real Estate Value With Brookfield Partnership
Monday, November 14, 2016 - 2:03pm | 321Read More...Despite Macy's Inc (NYSE: M) delivering a 58.5 percent negative surprise on EPS on November 10, the stock has since gained more than 11 percent. There are two factors behind this. While the first is related to the sales outlook, the second is the unlocking of real estate value granted through the...
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Nvidia's Big Win: Post-Earnings Sell-Side Sentiment
Sunday, November 13, 2016 - 4:24pm | 367Read More...Sell-side analysts went gaga over NVIDIA Corporation's (NASDAQ: NVDA) strong quarterly results and guidance. There were upward revisions all around, to estimates, to ratings and to price targets. The graphic chipmaker reported 40 percent sequential revenue growth in the third...
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Loyalty Programs Remain A Pillar For Kohl's In Q3
Friday, November 11, 2016 - 3:36pm | 231Read More...Thursday before market open, Kohl’s Corp. (NYSE: KSS) reported strong Q3 earnings compared to some of its department store peers, and the share price jumped more than 13 percent. BMO Capital Markets analyst Wayne Hood maintains a Market Perform rating and price target of $51 after the better-...
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Did NVIDIA's Ultra-Conservative Guidance Set It Up For Huge Beat?
Friday, November 11, 2016 - 3:28pm | 344Read More...Commenting on NVIDIA Corporation's (NASDAQ: NVDA) third-quarter results, BMO Capital Markets said its fiscal third-quarter earnings and revenues were all well above the guidance. Analyst Takeaways Analyst Ambrish Srivastava noted that the growth came from data centers, gaming and autos. Data...
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Keeping Time: Smartwatch Category May Keep Michael Kors Ticking
Friday, November 11, 2016 - 2:47pm | 328Read More...BMO Capital Markets said in a note on Friday Michael Kors Holdings Ltd (NYSE: KORS) smartwatch technology could be an avenue for growth for the company. The company, the No. 2 player in the smartwatch category, is seeing this category growing at an impressive clip, with demand outstripping...
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Here's Every Rating And Price Target On Disney Ahead Of Q3 Earnings
Thursday, November 10, 2016 - 4:29pm | 346Read More...Media and entertainment company Walt Disney Co (NYSE: DIS) is due to release its fiscal year fourth-quarter results after the market close. Analysts, on average, expect the company to report earnings of $1.16 per share, down from $1.20 per share last year, on revenues of $13.52 billion, almost...
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Analysts Continue To Press 'Like' On Facebook
Friday, November 4, 2016 - 9:21am | 322Read More...A day after Facebook Inc (NASDAQ: FB) delivered strong third-quarter results and offered a soft outlook for the year 2017, different brokerages have come out with their opinions. However, there is not much change in the analysts’ perception, who continued to press the “like”...
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5 Potential M&A Deals In The Media And Internet Space
Monday, October 17, 2016 - 1:42pm | 537Read More...M&A has been the key theme for media and internet stocks in 2016. In a new note, BMO analyst Daniel Salmon gives his take on the potential deals running through the rumor mill. According to Salmon, a potential merger between Viacom, Inc. (NASDAQ: VIAB) and CBS Corporation (NYSE: CBS) could make...














