-
Why BofA Cut Netflix Target Price By 50%
Wednesday, April 20, 2022 - 11:01am | 223Read More...Netflix Inc (NASDAQ: NFLX) reported negative net subscriber additions for the first quarter, at -203,000 versus guidance of 2.5 million and Street expectations of 2.6 million, according to BofA Securities. The Netflix Analyst: Nat Schindler downgraded the rating for Netflix from Buy to Underperform...
-
Why BofA Loves This Digital Advertising Platform Company
Friday, February 18, 2022 - 12:24pm | 243Read More...Although AdTheorent Holding Company Inc (NASDAQ: ADTH) is a smaller player in the competitive digital advertising space, there is long-term opportunity as its target addressable market is expected to grow more than 20% for the next several years, according to BofA Securities. The AdTheorent Holding...
-
Why BofA Upgrades Lending Platform Upstart Holdings After Q4 Report
Thursday, February 17, 2022 - 12:51pm | 241Read More...Upstart Holdings Inc (NASDAQ: UPST) was able to beat fourth-quarter expectations despite industry headwinds, according to BofA Securities. The Upstart Holdings Analyst: Nat Schindler upgraded the rating for Upstart Holdings from Underperform to Buy, while keeping the price target unchanged at $255...
-
6 Underperforming IPO Stocks To Buy On The Dip
Friday, February 4, 2022 - 3:47pm | 931Read More...The U.S. IPO market was red-hot in 2021. The total number of traditional U.S. IPOs hit its highest level since the dot-com boom in the late 1990s, while total IPO deal value reached record levels last year. Unfortunately for investors, many of the most popular 2021 IPO stocks have...
-
Netflix Chills: Analysts React To Q4 Earnings Sell-Off, Which One Called 'Thesis-Shaking Results'
Friday, January 21, 2022 - 4:23pm | 562Read More...Netflix Inc (NASDAQ: NFLX) shares plummeted 20% on Friday after the company reported fourth-quarter earnings on Thursday afternoon and said streaming competition may impact its future growth. Netflix reported fourth-quarter adjusted EPS of $1.33, beating consensus analyst estimates of 82...
-
Are Netflix Shares Headed To $750?
Tuesday, January 18, 2022 - 4:18pm | 486Read More...Having fallen about 15% to kick off the year, Netflix Inc (NASDAQ: NFLX) is on pace to record its worst monthly performance since October 2018. BofA Securities analyst Nat Schindler said he remains bullish on the streaming giant. "I do believe in the story at...
-
5 Chewy Analysts React To Earnings Miss: 'Stock Still Looks Expensive'
Monday, December 13, 2021 - 4:00pm | 524Read More...Chewy Inc (NYSE: CHWY) shares rebounded Monday after a sharp post-earnings sell-off on Friday. Wall Street analysts have mixed opinions about whether investors should be buying the Chewy dip. On Thursday, Chewy reported an adjusted EPS loss of 8 cents per share, missing the analyst consensus...
-
2 Reasons Zillow Selling 7,000 Houses Is 'A Clear Negative' For Investors
Tuesday, November 2, 2021 - 11:35am | 447Read More...Zillow Group Inc (NASDAQ: Z) shares dropped another 9.7% on Tuesday morning and are now down 32.5% overall in the past six months after the company reportedly sold 7,000 houses to institutional investors. What Happened? Just weeks after Zillow announced it would be pausing its iBuying of U.S....
-
Netflix Analysts Break Down Q3 Earnings: 'Solid Recovery With Large Content Launches Ahead'
Wednesday, October 20, 2021 - 2:15pm | 948Read More...Netflix Inc (NASDAQ: NFLX) shares traded lower Wednesday after the company reported a third-quarter earnings beat. Netflix reported third-quarter adjusted EPS of $3.19, beating consensus analyst estimates of $2.56. Third-quarter revenue was $7.48 billion, up 16.3% from a year ago and in-line with...
-
What Big 'Squid Game' Profits Mean For Netflix
Tuesday, October 19, 2021 - 11:31am | 394Read More...Investors have high expectations for Netflix Inc (NASDAQ: NFLX) earnings after the company reportedly generated some major profits from its hit Korean survival TV series “Squid Game.” On Tuesday, Bank of America analyst Nat Schindler took a deep dive into the impact “Squid Game...
-
BofA Double Downgrades Upstart, Raises Price Target: What You Need To Know
Monday, October 18, 2021 - 2:33pm | 256Read More...Upstart Holdings Inc’s (NASDAQ: UPST) stock has appreciated by more than 787% year-to-date, and the company’s near-term upside potential already seems priced in, according to BofA Securities. The Upstart Holdings Analyst: Nat Schindler downgraded Upstart Holdings from Buy to...
-
Why Zillow Homebuying Halt 'Might Be Beneficial' In The Near-Term
Monday, October 18, 2021 - 11:32am | 469Read More...Online real estate listing platform Zillow Group Inc (NASDAQ: Z) is reportedly pausing its iBuying program through at least the end of 2021 after the company purchased more than 3,800 homes in the second quarter. The stock dropped more than 7% on Monday morning after Bank of America analyst...
-
BofA Initiates Upwork At Buy On Shift To Remote Workforce
Friday, October 1, 2021 - 11:28am | 244Read More...Upwork Inc (NASDAQ: UPWK) is well-positioned to benefit from the pandemic-driven shift to remote teams with and freelancing becoming “an increasingly larger portion of the overall workforce,” according to BofA Securities. The Upwork Analyst: Nat Schindler initiated coverage of...
-
Upstart Stock Soars After Q2 Earnings: $635B Auto Lending Opportunity?
Wednesday, August 11, 2021 - 3:23pm | 451Read More...Upstart Holdings Inc (NASDAQ: UPST) shares gained 20% on Wednesday after the company reported a second-quarter earnings beat and issued strong guidance for the third quarter. On Tuesday, Upstart reported second-quarter adjusted EPS of 62 cents on $193.9 million in revenue. Both numbers exceeded...
-
Why This Xometry Analyst Is Bullish
Monday, July 26, 2021 - 3:35pm | 236Read More...Xometry Inc (NASDAQ: XMTR) is well-positioned to penetrate the sector and achieve secular growth, and its long-term prospects seem bright, according to BofA Securities. The Xometry Analyst: Nat Schindler initiated coverage of Xometry with a Buy rating and a $90 price target. The Xometry Thesis: The...
















