CLSA

CLSA’s James Lee mentioned that checks continue to indicate that Weibo Corp (ADR) (NASDAQ: WB) “is the default online celebrity platform in China - or the YouTube of China.” Lee believes Weibo’s platform is particularly effective at driving ecommerce sales, especially...

Fiber laser manufacturer IPG Photonics Corporation (NASDAQ: IPGP) appears on track to reach its 5–10 percent revenue growth target for 2016. According to CLSA, "System sales are taking off, business trends in China remain robust, and new products including UV and ultrafast lasers are set to...

A day after Mobileye NV (NYSE: MBLY) and Delphi Automotive PLC (NYSE: DLPH) announced their alliance to develop the SAE Level 4/5 automated driving solution, CLSA analysts Emmanuel Rosner and Andrew Fung termed it a "win-win" partnership. The brokerage maintains a Buy rating on Mobileye shares with...

CLSA’s Jon Oh mentioned that the Palace opening by Wynn Resorts, Limited (NASDAQ: WYNN) was impressive, “with the property’s high quality design and management’s impeccable execution of the opening, confirming our conviction that Palace will be a success.” Oh maintains...

U.S. retail sales, released by IRI, for the four weeks ended August 7 showed Constellation Brands, Inc. (NYSE: STZ)'s beer sales grew 16 percent. Monster Beverage Corporation (NASDAQ: MNST)'s sales rose 3.4 percent and PepsiCo, Inc. (NYSE: PEP)'s overall retail sales were flat. Constellation Brands...

CLSA reiterated its Outperform rating on Anheuser Busch Inbev SA (ADR) (NYSE: BUD) and retained the 12-month price objective of $145.00. Analysts, led by Caroline Levy, see an imminent inflection point, indicating the shift in rapidly-growing high-end brands. They are confident that the move would...

CLSA's Christopher Caso commented on Intel Corporation (NASDAQ: INTC)'s recent autonomous driving effort after visiting Intel's Developer Forum. Although the analyst highlighted the lack of details or plans for Intel's proposed autonomous driving initiative, he said the company was serious about...

CLSA has upgraded Sanderson Farms, Inc. (NASDAQ: SAFM) to Buy from Outperform, as it gains confidence that the company can sustain its margins in FY17. "The outlook for chicken margins has improved and the trough in 2017, if we can still call it that, now has a strong safety net," analyst Jeremy...

Twitter Inc (NYSE: TWTR)'s stock was trading lower by nearly 5 percent Thursday morning after the company was on the receiving end of two negative reports by Wall Street analysts. Evercore ISI: More Risk Than Reward, Downgrading To Sell According to a team of analysts at Evercore ISI, Twitter is...

CLSA thinks Amazon.com, Inc.'s (NASDAQ: AMZN) cloud competition has reinforced its worry on the Underperform-rated shares of Oracle Corporation (NYSE: ORCL) and Teradata Corporation (NYSE: TDC). The comments came after attending the AWS summit. Analyst Ed Maguire could see Amazon's AWS...

A shortage of chicken supplies in China posses a risk for Yum! Brands, Inc. (NYSE: YUM) given its high level of exposure to the country. In a research report published Wednesday, Jeremy Scott of CLSA pointed out that the USDA Beijing Bureau is expecting a "more significant"...