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EBay "Thesis Not Changing" Analysts Say After Strong Guidance, Mixed Earnings
Thursday, August 4, 2022 - 4:47pm | 596Analysts are sizing up the second-quarter financial report from marketplace and auction company eBay Inc (NASDAQ: EBAY), which reported results Wednesday after market close. The eBay Analysts: Needham analyst Anna Andreeva had a Hold rating and no price target. JMP Securities analyst Nicholas...
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Chart Wars: Between Carnival And Royal Caribbean Stocks — Which Bounce Will Be Higher?
Thursday, June 30, 2022 - 3:39pm | 644Carnival Corporation (NYSE: CCL) and Royal Caribbean Cruises, Ltd (NYSE: RCL) reached new 52-week lows on Thursday after plunging 13% and 10%, respectively on Wednesday in response to a series of analysts weighing in on the stocks. Morgan Stanley analyst Jamie Rollo maintained Underweight on...
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American Airlines Bulls, Bears Battle Over This Level: Where Will The Stock Land?
Tuesday, June 14, 2022 - 12:03pm | 605American Airlines Group, Inc (NASDAQ: AAL) was falling more than 2% on Tuesday after declining 20% between June 7 and Monday. On Tuesday, the airline announced about 4,500 pilots at three of its regional carriers, Envoy, Piedmont and PSA airlines, would receive large pay increases, with...
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Why Barclays Is Constructive On The British Pound
Thursday, January 13, 2022 - 10:12am | 162On CNBC, Ashish Agrawal of Barclays said that he is "relatively constructive" on the sterling in the medium term. The British currency is vulnerable in the short term due to increased political risks and the currency rallying in the recent period, he said. Although sterling is...
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Why 2 Ford Analysts Are Upping Their Price Targets For Automaker
Thursday, December 16, 2021 - 12:12pm | 423Ford Motor Company (NYSE: F) is among the very few legacy automakers that have positioned themselves for a seamless transition into electric vehicles. On Thursday, the shares of the automaker received price target boosts from two sell-side analysts. The Ford Analysts: Wells Fargo Securities...
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Facebook Analysts Break Down Q3 Earnings: 'Big Investments For A Big Vision'
Tuesday, October 26, 2021 - 12:19pm | 817Facebook, Inc. (NASDAQ: FB) shares were retreating Tuesday after the social media giant reported yet another quarter of huge profits and impressive growth. On Thursday, Facebook reported third-quarter adjusted EPS of $3.22 beating consensus analyst estimates of $3.19. Revenue of $29.01 billion...
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'Exceptional Unit Level Economics': Analysts Initiate Coverage Of Dutch Bros Following Quiet Period
Monday, October 11, 2021 - 6:24pm | 514Dutch Bros Inc (NYSE: BROS) shares gained 15.7% on Monday, continuing the stock’s strong run following its September IPO. Dutch Bros is off to a hot start to life on the public market and has now more than doubled its $23 IPO price. In the second quarter of 2021, Dutch Bros reported $114...
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Why These Rocket Companies Analysts Are Sidelined After Q2 Earnings
Friday, August 13, 2021 - 3:51pm | 476Shares of Rocket Companies Inc (NYSE: RKT) were trading higher by double digits after reporting second-quarter earnings. Here are the key takeaways from analysts’ updated notes. The Rocket Companies Analysts: Credit Suisse analyst Timothy Chiodo has a Neutral rating on Rocket Companies...
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Why 6 DoorDash Analysts Are Raising Price Targets After Q2 Earnings
Friday, August 13, 2021 - 3:27pm | 822Analysts share their reactions and new price targets on shares of DoorDash Inc (NYSE: DASH), which reported second-quarter earnings Thursday after market close. The DoorDash Analysts: Barclays analyst Ross Sandler had an Equal Weight rating and raised the price target from $160 to $183....
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Why Plug Power's Top- And Bottom-Line Are Diverging
Friday, August 6, 2021 - 4:19pm | 718Plug Power Inc. (NASDAQ: PLUG) shares ultimately lost ground Friday following the release of second-quarter results by the hydrogen fuel cell energy company. Here's what the sell side has to say. The Plug Power Analysts: RBC Capital Markets analyst Joseph Spak maintained an Outperform...
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Take Two Interactive May Be One Of 'Best In Video Game Sector,' But What Do These 3 Analysts Think?
Tuesday, August 3, 2021 - 3:52pm | 523Analysts reacted to the first-quarter earnings report of Take-Two Interactive Software Inc (NASDAQ: TTWO) and shared thoughts on the pipeline of content to come. The Take-Two Analysts: Raymond James analyst Andrew Marok had a Market Perform rating and no price target. Credit Suisse...
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Is Now the Time To Buy Anaplan And Workday?
Tuesday, August 3, 2021 - 2:32pm | 365Analysts at Barclays believe Anaplan, Inc (NYSE: PLAN) and Workday, Inc. (NASDAQ: WDAY) are positioned for a solid second half of 2021, following underperformance relative to SaaS peers since the onset of the pandemic. The Anaplan Analyst: Analyst Raimo Lenschow upgraded Anaplan from...
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What 3 Tesla Analysts Are Watching For In Q2 Earnings Report
Sunday, July 25, 2021 - 6:34pm | 604Tesla, Inc. (NASDAQ: TSLA) is expected to report second-quarter earnings following the market close Monday, July 26. In anticipation of this earnings call, analysts at Barclays, Credit Suisse, and Wedbush Securities provided insight into their expectations. Consensus estimates call for...
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Fintech Focus For July 13, 2021
Monday, July 12, 2021 - 7:45pm | 1849Quote To Start The Day: “The question isn't who is going to let me; it's who is going to stop me.” Source: Ayn Rand One Big Thing In Fintech: Binance traders around the world have been trying to get their money back. But unlike a more traditional investment platform, Binance is...
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Mining Margin Compression Turns Barclays Bearish On Freeport-McMoRan
Thursday, July 8, 2021 - 5:08pm | 267Expected margin compression in the metals and mining industry has turned Barclay's analysts bearish on Freeport-McMoRan, Inc (NYSE: FCX). The Freeport Analyst: Matthew Murphy downgraded Freeport-McMoRan from Equal-weight to Underweight and announced a $29 price target. The Freeport...