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DA Davidson Upgrades Carter's On End-Of-2019 Prospects
Wednesday, October 2, 2019 - 1:01pm | 330Carter's, Inc. (NYSE: CRI) seems better positioned for earnings upside into the Fall and Holiday season, according to DA Davidson. The Analyst DA Davidson’s John Morris upgraded Carter’s from Neutral to Buy while raising the price target from $91 to $110. The Thesis While...
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DA Davidson: Buy GrubHub On Weakness After Chanos Shorts Stock
Friday, September 20, 2019 - 4:11pm | 394Shares of GrubHub Inc (NYSE: GRUB) fell Thursday after Jim Chanos said he is short the stock due to concerns around competition and labor costs. Competition is good for the company, and investors should take advantage of Thursday’s weakness, according to D.A. Davidson. The Analyst Tom Forte...
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Analyst Defends Roku After Comcast Product Launch
Thursday, September 19, 2019 - 12:18pm | 406Media giant Comcast Corporation (NASDAQ: CMCSA) will begin offering internet customers a free over-the-top box set, but one Roku Inc (NASDAQ: ROKU) analyst isn't worried about the new competitive landscape. The Analyst D.A. Davidson analyst Tom Forte maintained a Buy rating on Roku with an...
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Beyond Meat Analyst Questions Market Opportunity, Starts Stock With A Sell Rating
Friday, September 6, 2019 - 8:39am | 503Plant-based foodmaker Beyond Meat Inc (NASDAQ: BYND) boasts an impressive product backed up by its ability to execute and win market share. However, the total addressable market may not be as large as many assume it to be. The Analyst D.A. Davidson analyst Brian Holland initiated coverage of...
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DA Davidson Downgrades Clarus On Soft Industry Trends, Lower Macro Visibility
Thursday, August 15, 2019 - 2:11pm | 276Clarus Corp (NASDAQ: CLAR) is facing headwinds in the ammunition industry, suggesting limited upside in the near term, according to DA Davidson. The Analyst DA Davidson’s Michael Kawamoto downgraded Clarus from Buy to Neutral while reducing the price target from $17 to $12. The Thesis...
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Analysts: Are Sonos Investors Tone-Deaf?
Thursday, August 8, 2019 - 4:50pm | 629Smart speaker maker Sonos Inc. (NASDAQ: SONO) posted a strong third-quarter beat Wednesday, but investors aren’t hearing how good things sound for the growing company, sell-side analysts said. The company’s new partnership with Ikea, which will sell Sonos connected speakers, and...
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Lyft's Quarter Shows Ride-Sharing Market Strength, May Be Good Sign For Uber
Thursday, August 8, 2019 - 12:40pm | 818Lyft Inc.'s (NASDAQ: LYFT) strong quarter and acceleration toward profitability shows the overall ride-sharing market is rolling along nicely in the United States, which may bode well for Uber Technologies Inc (NYSE: UBER), sell-side analysts said. Lyft’s results in just its second...
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Analysts Upgrade Roku, Stock Soars After Big Q2 Earnings Beat
Thursday, August 8, 2019 - 10:43am | 615Roku Inc (NASDAQ: ROKU) reported second-quarter results which prompted two analysts to turn bullish on the streaming content provider. Earnings came in at a loss of 8 cents per share, beating estimates by 13 cents. Sales came in at $250.1 million, beating estimates by $25.9 million. The company...
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DA Davidson: Buy Canada Goose On Tariff Overreaction
Tuesday, August 6, 2019 - 3:52pm | 359The Canada Goose Holdings Inc (NYSE: GOOS) sell-off is overdone, according to one analyst. The Analyst DA Davidson's John Morris maintains a Buy rating and a $42 price target on Canada Goose. The Thesis Morris sees a buying opportunity in Canada Goose in the wake of the U.S.-China trade and...
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Cars.com Crushed After Q2 Earnings Miss; DA Davidson Cuts Price Target In Half
Tuesday, August 6, 2019 - 1:43pm | 405Cars.com Inc (NYSE: CARS) shares are getting wrecked yet again one day after reporting a second-quarter earnings miss. The Analyst DA Davidson’s Tom White downgraded Cars.com from Buy to Neutral and lowered his price target from $28 to $13.50. The Thesis Cars.com's strategic review...
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DA Davidson On Flowers Foods: Stock Already Reflects Solid Near-Term Potential
Monday, August 5, 2019 - 3:41pm | 273While the current macro environment is favorable for Flowers Foods, Inc. (NYSE: FLO), the near-term prospects for the company are already reflected by the stock after its outperformance so far in 2019, according to DA Davidson. The Analyst DA Davidson’s Brian Holland initiated coverage of...
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Analyst: Qorvo Is Still Well Positioned To Benefit From 5G Era
Monday, August 5, 2019 - 3:07pm | 354Qorvo Inc (NASDAQ: QRVO) reported solid first-quarter results and announced its second-quarter guidance ahead of expectations. Despite Huawei’s ban, Qorvo seems poised to benefit from the 5G opportunity, according to DA Davidson. The Analyst DA Davidson’s Thomas Diffely maintained a...
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Analyst Likes Amazon, Logitech, Turtle Beach After Fortnite World Cup
Tuesday, July 30, 2019 - 3:13pm | 290After the success of the Fortnite World Cup Finals in New York over the weekend, D.A. Davidson said the battle royale game franchise is "alive and well. The event is a positive data point for the emergence of esports, analyst Tom Forte said in a Monday note. The analyst said he...
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Comfort Systems Analyst Upgrades HVAC Company After Sell-Off
Tuesday, July 30, 2019 - 12:58pm | 381Shares of Comfort Systems USA, Inc. (NYSE: FIX) declined by around 20% Friday after the company reported second-quarter results. Apart from the drop in share price, investors may be interested in the company’s exposure to industrial projects and the potential for organic growth comps to...
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DA Davidson Downgrades AppFolio After Third Quarter Of Disappointing EBITDA Performance
Tuesday, July 30, 2019 - 11:34am | 381While AppFolio Inc’s (NASDAQ: APPF) shares have appreciated significantly year-to-date, the company reported its third quarter of “growing negative variances” from projections and estimates have been lowered again, according to D.A. Davidson. The Analyst Peter Heckmann downgraded...