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Advanced Micro Devices' Q3 Earnings Preview: Mixed Voices From The Street
Wednesday, October 19, 2016 - 3:22pm | 392Read More...Investor focus has turned toward Advanced Micro Devices, Inc. (NASDAQ: AMD) ahead of Thursday's third-quarter results announcement. The focus increased after peer Intel Corporation (NASDAQ: INTC) provided weak guidance for the fourth quarter, though its third-quarter results exceeded estimates....
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Western Union's Downside Risks May Be Overlooked
Monday, September 19, 2016 - 10:54am | 401Read More...The Western Union Company (NYSE: WU) could face increased regulatory scrutiny, according to Susquehanna, while 2017 consensus appears high and Middle East woes continue. "WU is a stable business that is operating well under capable management. While we do not have a smoking gun, given the 1.5 turn...
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Apple Moved More Than 2% In 5 Straight Sessions: Here Is Why This Is Notable
Thursday, September 15, 2016 - 4:49pm | 365Read More...Shares of Apple Inc. (NASDAQ: AAPL) were trading higher by nearly 3 percent as of early Thursday afternoon, adding to Wednesday's 3.5 percent gain. On Tuesday, the stock gained 2.4 percent and had risen 2.2 percent on Monday. Backtracking to last week, the stock fell last Thursday and Friday by 2.6...
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Susquehanna Sees A Road To 20% Upside In CarMax Shares
Friday, August 26, 2016 - 12:29pm | 379Read More...Susquehanna expects CarMax, Inc (NYSE: KMX) shares to witness a potential upside of 20 percent from current levels on long store growth runway and a potential near-term positive comp inflection. "We view KMX as a best-in-class retailer with a promising long-term unit growth story and a...
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Susquehanna Downgrades Mosaic On Lower Earnings outlook
Wednesday, August 17, 2016 - 8:45am | 304Read More...Potash producers largely reported lower pricing in 2Q16. Although they seem to be taking strategic actions to align production with demand, estimates have been reduced to reflect a lower pricing outlook, Susquehanna’s Don Carson said in a report. Analyst Carson believes that although...
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Could Ocean Rig Be The First Of The Deepwater Dominoes To Fall?
Monday, August 15, 2016 - 11:42am | 332Read More...Ocean Rig UDW Inc. (NASDAQ: ORIG) shares plunged more than 61 percent in Friday’s session after the company reported it's continuing to explore the possibility of bankruptcy. Deepwater drilling investors were hoping that crude oil’s surge from February’s low of near $26/bbl...
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Susquehanna Neutral-To-Bullish On Footwear Stocks
Friday, August 12, 2016 - 1:58pm | 436Read More...Susquehanna reviewed the performance of at least eight companies from the Footwear sector. Some have already reported earnings for the second quarter. The brokerage rated three stocks with a Neutral rating and kept a positive rating in the remaining five shares. Let's take a look:...
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Crocs Is A 'Show Me' Story, According To Susquehanna
Friday, August 12, 2016 - 10:38am | 311Read More...Crocs, Inc. (NASDAQ: CROX) is a "show me" story, at least according to Susquehanna's Sam Poser who initiated coverage of the stock with a Neutral rating and $9.50 price target. According to Poser, Crocs' management is "doing the right thing" for the company's...
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Foot Locker A Top Pick At Susquehanna, Initiated At Positive
Friday, August 12, 2016 - 10:22am | 298Read More...Susquehanna analysts Sam Poser and Renato Basanta initiated coverage on Foot Locker, Inc. (NYSE: FL) with a Positive rating, which comes ahead of the second quarter earnings results scheduled for August 19. The brokerage kept a price tag of $73 on the optimist side and $51 on the pessimistic side...
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A $70 Bull Case In Deckers, A $49 Bear Case
Friday, August 12, 2016 - 9:53am | 380Read More...Deckers Outdoor Corp’s (NYSE: DECK) UGG business seems to be at an inflection point, Susquehanna’s Sam Poser said in a report. He initiated coverage of the company with a Neutral rating and a price target of $59. The UGG business contributed 81 percent of Deckers’ revenue in...
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Susquehanna Initiates Steve Madden With Positive Rating, $42 Target
Friday, August 12, 2016 - 9:39am | 324Read More...Steven Madden, Ltd. (NASDAQ: SHOO) is managing well in a challenging retail environment, and the move to a JV model for International could bear fruit in 2017, Susquehanna’s Sam Poser said in a report. He initiated coverage of the company with a Positive rating and a price target of $42....
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Susquehanna On Hibbett Sports: 'Buy The Stock.'
Friday, August 12, 2016 - 9:26am | 279Read More...Although Hibbett Sports, Inc. (NASDAQ: HIBB) has been late to enter the digital space, the initiatives planned by the company would likely result in revenue growth ahead, Susquehanna’s Sam Poser said in a report. He initiated coverage of the company with a Positive rating and a price target...
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Not Likely Mondelez Will Remain 'As Is,' Susquehanna Sees 25% Upside
Monday, July 25, 2016 - 11:21am | 443Read More...Susquehanna believes it's unlikely Mondelez International Inc (NASDAQ: MDLZ) will remain "as is" over the next 12 months, with either Mondelez buying Hershey Co (NYSE: HSY) or Mondelez itself being acquired by a larger F&B conglomerate. In both cases, the brokerage estimate...
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A Peek Into The Markets: U.S. Stock Futures Jump; All Eyes On Brexit Polls
Thursday, June 23, 2016 - 8:00am | 570Read More...Pre-open movers U.S. stock futures traded higher in early pre-market trade. Voting got underway to decide whether the UK should leave the European Union. Final results of the poll are due about 2:00 a.m. ET Friday. Data on initial jobless claims for the latest week and the Chicago Fed...
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Consensus On Accenture 'Looks About Right,' Susquehanna Says
Tuesday, June 21, 2016 - 6:55pm | 134Read More...Accenture Plc (NYSE: ACN) is expected to post third-quarter results on Thursday. The report will be issued before the market open. Susquehanna analyst James Friedman previewed the quarterly results in a note Tuesday morning. "While our checks surface pros and cons – and the weird...
