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U.S. Steel: Q1 Was Bad, But Things May Only Get Worse From Here
Wednesday, April 26, 2017 - 9:06am | 447Read More...United States Steel Corporation (NYSE: X)'s surprise loss in the first quarter contributed to the stock's more than 15 percent decline. But according to Gordon Johnson of Axiom Capital Research, the company's outlook and stock price can only get worse moving forward. In a research report following...
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Gordon Johnson Wants You To Know About Sell-Rated GATX
Sunday, January 22, 2017 - 6:41pm | 434Read More...Gordon Johnson of Axiom Capital Research said the accounting changes at GATX Corporation (NYSE: GATX) are “deceptive” and “double counting.” He maintains his Sell rating on the stock. In the fourth quarter of 2015, they wrote down the value of their railcars by $2.5 million...
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More Bad News For SolarCity
Tuesday, March 29, 2016 - 10:31am | 195Read More...Axiom Capital Research’s Gordon L. Johnson II maintained a Sell rating for SolarCity Corp (NASDAQ: SCTY), saying that a Nevada Judge had ruled against the petition to reverse the adverse rooftop solar ruling. A Carson City judge had ruled against a petition to reverse Nevada's rooftop...
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Sunedison Spike On False Rumor Called 'Comical' By This Analyst
Monday, March 28, 2016 - 2:48pm | 221Read More...Shares of Sunedison Inc (NYSE: SUNE) continued trading higher late Monday afternoon after a fake press release spread the rumor that the Rockefeller Brothers Fund was considering a purchase of the beleaguered company. The Rockefeller Brothers Fund later told Benzinga there's "no truth" to the rumor...
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Why Sunedison's Spike Isn't Justified
Tuesday, March 8, 2016 - 3:16pm | 630Read More...Sunedison Inc (NYSE: SUNE) investors cheered a big piece of news on Tuesday morning. In a letter penned by Vivint Solar Inc (NYSE: VSLR) and delivered to Sunedison on Monday night, the former alleges that the latter failed "to meet its obligations under the merger agreement." Vivint...
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Yahoo To Weigh Strategic Options; Analyst Says 'They Need To Sell'
Tuesday, February 2, 2016 - 4:51pm | 218Read More...Shares of Yahoo! Inc. (NASDAQ: YHOO) were volatile late Tuesday afternoon, as the stock jumped from a low of $28.13 to a high of $30.23. The cause for this spike was a Dow Jones report that the company was exploring "strategic alternatives" after the market close. When contacted by...
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Axiom Sees Rio Tinto's Dividend Policy As 'Unsustainable'; Cuts Price Target To $19
Wednesday, December 30, 2015 - 10:34am | 383Read More...Rio Tinto plc (ADR) (NYSE: RIO) shares have declined 36.43 percent year-to-date, dropping almost to their 52-week low on December 18, at $27.38. Axiom Capital Research’s Gordon L. Johnson II has maintained a Hold rating on the company, while lowering the price target from $24 to $19. Johnson...
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Why This Noted Solar Bear Suggests Adding To Short Position In SolarCity
Monday, December 7, 2015 - 4:17pm | 655Read More...In a recent report, Axiom Capital Research analyst Gordon Johnson reiterated a Sell rating and $24 price target on shares of SolarCity Corp (NASDAQ: SCTY). He pointed out two negatives for the company: (1) the solar ITC extension/expansion deal seems increasingly improbable this year and (2...
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Victor Anthony Loves Social Stocks After Twitter Polls
Friday, November 27, 2015 - 1:39pm | 614Read More...Twitter Inc (NYSE: TWTR) decided to increase the number of responses available for polls from two to four. To take advantage of the new feature/possibilities, analysts at Axiom Capital Research led by Victor Anthony posted a few questions focused on retail, Twitter’s Moments feature,...
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Shutterfly Is Becoming Like Google And Amazon, And That's A Good Thing
Friday, August 28, 2015 - 10:50am | 357Read More...Shutterfly, Inc. (NASDAQ: SFLY) shares have lost 15 percent in the past month, and are trading close to the lower end of their 52-week range of $36.39 - $51.69. Axiom Capital’s Victor Anthony reiterated a Buy rating and a price target of $52 for the company. Anthony said the company...
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Axiom: Sell Trina Solar, Its Leveraged Risk Is 'Scary'
Wednesday, August 26, 2015 - 8:10am | 292Read More...Trina Solar Limited (ADR) (NYSE: TSL) shares are down 33 percent in the last three months, trading at about half of their 52 week high of $15.15. Axiom’s Gordon Johnson initiated coverage of the company with a Sell rating and a price target of $6. Despite the recent decline in the...
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The Outlook For Yingli Is 'Grim'
Friday, August 21, 2015 - 9:44am | 230Read More...Axiom Capital's Gordon Johnson initiated coverage of Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE: YGE) with a Sell rating and a price target of $0.08, saying that there was "material stock risk," since China could once again miss its solar installation target. Johnson said that China may fall...
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Axiom's Johnson Sees Cliffs Natural 'Between A Rock And A Hard Place,' Starts At Sell
Friday, August 21, 2015 - 9:28am | 231Read More...Axiom Capital's Gordon Johnson initiated coverage of Cliffs Natural Resources Inc (NYSE: CLF) with a Sell rating and a price target of $2, expressing concern that the company had a presence in an "oversupplied commodity market." Commending the execution by the company's new CEO, Johnson said, "From...
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Why Axiom Capital's Gordon Johnson Started Rio Tinto At Neutral
Friday, August 21, 2015 - 8:11am | 265Read More...Axiom Capital's Gordon Johnson initiated coverage of Rio Tinto plc (ADR) (NYSE: RIO) with a Neutral rating and a price target of $26, saying that the company was likely to be impacted by deflating commodity prices, despite its position of a lowest-cost producer. Helped by a weaker Australian dollar...
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Axiom's Anthony Wants Investors To View Facebook As Global Media Communications Platform
Tuesday, July 28, 2015 - 8:45am | 209Read More...In a report published Tuesday, Axiom Capital Research analyst Victor Anthony maintained a Buy rating on Facebook Inc (NASDAQ: FB), while raising the price target from $105 to $117. Facebook is likely to report better-than-expected 2Q15 revenues of $4.034 billion, up 39 percent y/y, EBITDA of $2.515...
