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What Everybody Is Saying Ahead Of Apple's Streaming Video Event
Friday, March 22, 2019 - 4:20pm | 834Apple, Inc. (NASDAQ: AAPL) is expected to unveil its highly anticipated Apple TV streaming video service on Monday. The special event takes place at Apple headquarters in Cupertino starting at 1 p.m. ET. Monday’s Event Apple investors are hoping the company reveals key details about the...
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Citi Upgrades PG&E, Raises Price Target By 200%
Tuesday, February 19, 2019 - 1:05pm | 405PG&E Corporation (NYSE: PCG) has been on a huge run since the company officially filed for bankruptcy in late January, and one Wall Street analyst said Tuesday that there’s plenty more upside remaining for PG&E stock. The Analyst Citi analyst Praful Mehta has upgraded PG&E stock...
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The Street's Reaction To Coca-Cola's Dip
Friday, February 15, 2019 - 10:25am | 639Shares of beverage giant and Dow Jones component The Coca-Cola Co (NYSE: KO) lost more than 8 percent Thursday in reaction to a weak earnings report and a cautious guidance for 2019. Here is a reaction of how some of the Street's top analysts reacted to the print. The Analysts Citi's Wendy...
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Should Investors Buy The Dip In Centurylink?
Thursday, February 14, 2019 - 3:15pm | 503Centurylink Inc (NYSE: CTL), the second largest U.S. communications provider to global enterprise customers, reported mixed fourth-quarter results and management slashed its dividend payout by 50 percent. Wells Fargo: Pain For Long-Term Gain High dividend companies like Centurylink within the...
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PG&E Investors Breathe Sigh Of Relief
Thursday, January 24, 2019 - 4:38pm | 540Well, at least one overhang has been removed for PG&E Corporation (NYSE: PCG). The California Department of Forestry and Fire Protection said Thursday afternoon the October 2017 Tubbs fire was caused by a private electrical system. The department said investigators didn't identify any...
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Citi Slashes Roku Price Target, Names 5 Reasons For Staying Neutral
Monday, January 14, 2019 - 12:52pm | 321After losing around half of its entire market capitalization since peaking in mid-2017 at $77.57, Roku Inc (NASDAQ: ROKU) should not be bought by investors, according to Citi. The Analyst Citi's Mark May maintains a Neutral rating on Roku with a price target lowered from $60 to $44. The...
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5 Reasons Citi Lifts 'Sell' Rating Off Snap's Stock
Monday, January 14, 2019 - 10:43am | 343Citi's bearish stance on social media company Snap Inc (NYSE: SNAP) has come to an end after nearly a year. The Analyst Citi's Mark May upgraded Snap from Sell to Neutral with a price target lifted from $6 to $7. The Thesis Citi's "Sell" rating dates back to Feb. 20, 2018...
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Bed Bath & Beyond Rallies After Q3 Print, But Analysts Aren't Buying It
Thursday, January 10, 2019 - 6:20pm | 850Retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) suffered its worst trading day in history in late September in reaction to its fiscal second-quarter results. The company's third-quarter report Wednesday marked an improvement in performance highlighted by an earnings beat and better guidance...
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What's Next For General Mills After Encouraging Q2? The Street Debates
Thursday, December 20, 2018 - 2:08pm | 484General Mills, Inc. (NYSE: GIS) reported Wednesday its fiscal second-quarter earnings print, which impressed investors as management reaffirmed the cereal maker's 2019 outlook. Here is a summary of how three of the Street's top analysts reacted to the print. Bank Of America: Cleared A '...
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Citi Adds Nvidia, Marvell Technology To Holiday Shopping List
Thursday, December 13, 2018 - 2:12pm | 378Semiconductor stocks have been beaten down in the second half of 2018, but one Wall Street analyst said Thursday investors should add two popular semi stocks to their holiday shopping lists. The Analyst Citi analyst Atif Malik upgraded Marvell Technology Group Ltd. (NASDAQ: MRVL) from Neutral to...
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Lululemon 'Continues To Make The Right Investments,' Citi Says In Upgrade
Wednesday, December 12, 2018 - 5:13pm | 410Lululemon Athletica inc. (NASDAQ: LULU) is a brand on the rise, according to Citi. The Analyst Analyst Paul Lejuez upgraded Lululemon from Neutral to Buy with a $152 price target. The Thesis In recent months, fears of a macro slowdown have taken winning brands down with the...
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Aerie Division's Prospects Have Analysts Bullish On American Eagle
Wednesday, December 12, 2018 - 3:48pm | 463American Eagle Outfitters (NYSE: AEO) shares are moving higher despite reporting a third-quarter sales miss Wednesday. The apparel retailer reported earnings of 48 cents per share, falling in line with analyst estimates. Sales came in at $1.004 billion, missing estimates by $16 million. The company...
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Citi: Buy The Dip In AT&T
Tuesday, December 11, 2018 - 4:23pm | 344AT&T Inc. (NYSE: T) has an attractive risk-reward profile, Citi said an upgrade. The Analyst Analyst Michael Rollins upgraded AT&T from Neutral to Buy rating and maintained a $34 price target. The Thesis AT&T should benefit from a "measured" promotional environment in wireless...
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What To Do With Nvidia's Stock After 20% Fall?
Friday, November 16, 2018 - 1:24pm | 900Chipmaker Nvidia Corporation (NASDAQ: NVDA) reported Thursday its third-quarter results in which revenue fell short of expectations and management's guidance for the fourth quarter also missed. Here is a summary of how some of the Street's top analysts reacted to the print and the stock...
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Good News From California Public Utility Commission Sends PG&E Stock Skyrocketing
Friday, November 16, 2018 - 11:27am | 824The extreme volatility in PG&E Corporation (NYSE: PCG) stock continued Friday after encouraging commentary from the California Public Utility Commission and an unlikely upgrade sent the stock skyrocketing more than 45 percent. What’s At Stake For traders who haven’t been following...