-
Citi Raises WWE Price Target Based On Free Cash Flow Outlook
Monday, August 27, 2018 - 1:51pm | 412It’s been an exceptional year so far for World Wrestling Entertainment, Inc (NYSE: WWE) stock and its investors, but one Wall Street analyst says there’s still WWE shares deserve their lofty valuation. The Analyst Citi analyst Jason Bazinet reiterated his Neutral rating and raised...
-
Citigroup Upgrades NantKwest, But Finds Six Reasons To Stay On Sidelines
Friday, August 10, 2018 - 3:08pm | 350Nantkwest Inc (NASDAQ: NK)'s enterprise value has fallen to about $120 million, limiting any potential downside, according to Citigroup. The Analyst Analyst Wendy Nicholson downgraded NantKwest from Sell to Neutral and maintained a $3 price target. The Thesis Apart from the fall in...
-
Analysts React To Trade Desk's Blowout Quarter
Friday, August 10, 2018 - 1:22pm | 507Trade Desk Inc (NASDAQ: TTD) stock skyrocketed more than 36 percent on Friday after a huge second-quarter earnings beat and raised guidance. For traders wondering whether to stay along for the ride or take the money and run, here’s what several Wall Street analysts had to say about the stock...
-
Citi, JPMorgan Downgrade Booking Holdings On Lower Growth Projections
Friday, August 10, 2018 - 10:27am | 396Shares of online travel agency Booking Holdings, Inc. (NASDAQ: BKNG) dropped after the company's second-quarter print Thursday. The Analysts Citi analyst Mark May downgraded Booking Holdings from Buy to Neutral and lowered the price target from $2,350 to $2,150. JPMorgan analyst...
-
Translate Bio's Novel mRNA Therapy Candidate Addresses A Key Investor Concern, Citi Says
Monday, July 23, 2018 - 11:00am | 293Translate Bio Inc (NASDAQ: TBIO) went public by offering 9.35 million shares. The offering was priced at $13 per share on June 28. The Analyst With the IPO quiet period expiring, Credit Suisse analyst Yigal Nochomovitz initiated coverage of shares with a Buy rating and a $20 price target. The...
-
Citigroup Expands Big Data Coverage, Names Alteryx, Tableau Software, Talend As Top Picks
Thursday, June 28, 2018 - 11:16am | 614Citigroup reshuffled its coverage of big data and analytics software stocks, initiating four stocks — including two new top picks — and updating their views on another four. The Analyst Analyst Tyler Radke assumed coverage of the group and named Alteryx Inc (...
-
Barron's Picks And Pans: Sustainable Investing, Bank Buybacks, Tariff Picks And More
Sunday, June 24, 2018 - 10:55am | 682This weekend's Barron's offers options for investors worried about trade wars. Other featured articles include the prospects for big bank share buybacks and the changes to the Dow Jones industrial average. Also, companies feeling the sting of tariffs, sustainable investing and a Canadian...
-
Benzinga's Bulls & Bears Of The Week: AMD, Disney, Nike, Tesla And More
Sunday, June 24, 2018 - 10:39am | 850Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included a top semiconductor maker and utilities stocks. Bearish calls included the leading electric car maker and an entertainment giant. The broader markets had another down week, especially the Dow...
-
Citi: F5 Networks Shares Fully Valued After Recent Rally
Tuesday, June 19, 2018 - 12:51pm | 391The year-to-date rally in F5 Networks, Inc. (NASDAQ: FFIV) has made one analyst at Citigroup wary about further upside. The Analyst Analyst Jim Suva downgraded the stock from Buy to Neutral, but raised his price target from $170 to $190, citing an increase in the market multiple from 15 times to 16...
-
Occidental To Benefit From Likely Widening In Midland-MEH Spread, Citi Says In Upgrade
Tuesday, June 5, 2018 - 11:09am | 399Crude oil prices have been on an uptrend this year, with supply concerns propping up the commodity to some extent. Even as the oil price outlook appears bright, one Citigroup analyst said Occidental Petroleum Corporation (NYSE: OXY) could benefit from a trio of factors. The Analyst Analyst...
-
Barron's Picks And Pans: Lincoln National, Salesforce, Dollar Tree And More
Saturday, June 2, 2018 - 5:45pm | 662This weekend's Barron's lays out where investors can find safe 5-percent yields. Other featured articles offer the prospects for an insurer that looks like a bargain and a software company headed to new heights. Also, what to expect from the iPhone maker, a dollar store operator...
-
Citigroup: C-Corp Conversion Raises 'Absolute Upside' For KKR
Wednesday, May 16, 2018 - 10:35am | 329One logical corollary of the tax reform is companies scrambling to take advantage of reduced tax rates. KKR & Co. L.P. Unit (NYSE: KKR) recently announced Q1 results and also communicated the decision to convert itself from a partnership to a corporation, effective July 1, in a bid to broaden...
-
Citi Upgrades L Brands, Says Victoria's Secret Parent Company Is Undervalued
Monday, May 14, 2018 - 2:31pm | 446Victoria's Secret and Bath & Body Works parent company L Brands Inc (NYSE: LB) was upgraded by Citi on Monday, with an analyst saying the market's valuation of the retailer is overly bearish. The Analyst Citi's Paul Lejuez upgraded L Brands from Neutral to Buy and...
-
Citigroup: Alcoa Fairly Valued At Current Levels, But Constructive In The Longer Term
Tuesday, April 24, 2018 - 2:24pm | 334Alcoa Corp (NYSE: AA) shares have returned 60 percent over the past year, rendering their valuation unattractive, according to an analyst at Citigroup. On Monday, however, the stock plummeted 13 percent after the U.S. Treasury issued a six-month reprieve on sanctions levied on Rusal, one of Alcoa...
-
Barron's Picks And Pans: Cummins, US Bancorp, Comeback Energy Stocks And More
Sunday, April 15, 2018 - 5:23pm | 666This weekend's Barron's cover story shows how trade tensions will test companies and investors. Other featured articles question whether earnings can save the bull market and present the results of the latest Big Money Poll. Also, the prospects for a powerhouse regional bank and a...