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JAKKS Pacific Has Now Cut Annual Guidance 4 Times In 6 Years
Monday, December 19, 2016 - 3:33pm | 356Shares of JAKKS Pacific, Inc. (NASDAQ: JAKK) plunged more than 32 percent to set a new 52-week low after it slashed its annual outlook due to lower-than-expected sales of key product lines. The company has cut its annual guidance four out of the last six years. JAKKS is now projecting 2016 EPS of $...
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Stifel Remains Bullish On Electronic Arts Despite Expectation For Light FY17 Outlook
Monday, May 2, 2016 - 4:19pm | 327Stifel remains bullish on Electronic Arts Inc. (NASDAQ: EA) despite expectations for light FY17 guidance, while estimating fourth-quarter earnings above consensus. Commenting on the potential FY17 outlook, analyst Drew Crum said, "[W]e expect management to provide a slightly more subtle...
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Stifel Remains A Buyer Of Activision Blizzard Into Q4 Earnings Print
Monday, February 8, 2016 - 4:12pm | 256Activision Blizzard, Inc. (NASDAQ: ATVI) shares are already down more than 26.5 percent so far in 2016. With the company set to report on February 11, is the selloff a sign of bad things to come or simply an excellent buying opportunity ahead of earnings? According to Stifel analyst Drew Crum,...
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How's The Street Reacting To Take-Two Earnings?
Tuesday, May 19, 2015 - 10:48am | 465Take-Two Interactive Software, Inc. (NASDAQ: TTWO) reported mixed fourth quarter results on Monday as the company reported a better-than-expected earnings while revenue fell short of expectations. Here is a summary of what some of Wall Street's top analysts have to say. Credit Suisse:...
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Stifel Sees Continued Q1 'Candy Crush' Decline At King Digital
Wednesday, May 13, 2015 - 6:59am | 216King Digital Entertainment PLC (NYSE: KING)'s "Candy Crush Saga" continued its decline in the recent first quarter, an analyst said Tuesday. But the Ireland-based digital games company will see improved results during the second half of 2015, with new product launches that could...
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Why Stifel Is Initiating Harley-Davidson At Buy
Wednesday, March 25, 2015 - 12:43pm | 224In a report issued Wednesday, Stifel analysts Drew Crum and David Pang initiated coverage on shares of Harley-Davidson Inc (NYSE: HOG) with a Buy rating and $75 price target. Their optimism is based on the premise that the company can "continue to drive solid motorcycle sales growth, through...
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UPDATE: Stifel Reiterates Buy, Raises PT On Take-Two Interactive Software On Positive Outlook
Tuesday, January 6, 2015 - 10:24am | 182In a report published Tuesday, Stifel analyst Drew Crum reiterated a Buy rating on Take-Two Interactive Software, Inc. (NASDAQ: TTWO), and raised the price target from $28.00 to $33.00. In the report, Stifel noted, “In this piece we discuss our ongoing optimism around near/intermediate-term...
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Electronic Arts Dips Despite Stifel Price Target Increase
Wednesday, July 23, 2014 - 9:07am | 143Shares of Electronic Arts (NASDAQ: EA) were trading ~1.5 percent lower in Wednesday's pre-market, despite receiving a price target increase from $42 to $46 at Stifel. Analyst Drew Crum noted the company reported better-than-expected earnings in its first quarter of fiscal 2015. The beat was...
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UPDATE: Stifel Reiterates on Activision Blizzard on Multiple Positive Factors
Monday, February 10, 2014 - 8:47am | 125In a report published Monday, Stifel analyst Drew Crum reiterated a Buy rating on Activision Blizzard (NASDAQ: ATVI), and raised the price target from $22.00 to $24.00. In the report, Stifel noted, “ATVI remains our top pick for 2014, based on the following: 1) a strong game pipeline which is...
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Stifel Maintains Buy on Activision Blizzard
Friday, January 10, 2014 - 9:17am | 161In a report published Friday, Stifel analyst Drew Crum maintained a Buy rating on Activision Blizzard (NASDAQ: ATVI), raising its price target from $21.00 to $22.00. According to the report, the Diablo III expansion pack, Reaper of Souls, is set to release on March 25, strengthening 1H14. “More...
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UPDATE: Stifel Reiterates on Time Warner on Continued Positive Stance
Monday, October 28, 2013 - 9:10am | 146In a report published Monday, Stifel analyst Drew Crum reiterated a Buy rating on Time Warner (NYSE: TWX), and raised the price target from $72.00 to $77.00. In the report, Stifel noted, “We are increasing our target price on Time Warner to $77 as we continue our positive stance on the shares. In...
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UPDATE: Stifel Raises Walt Disney Company PT on Increased Interest in Infinity
Friday, September 13, 2013 - 1:57pm | 127In a note published Friday, Stifel analyst Drew Crum maintained a Buy rating and raised the price target on The Walt Disney Company (NYSE: DIS) from $72.00 to $76.00 and FY2014 earnings estimates from 3.95 to 4.01. Crum updated estimates based on share buybacks and positive performance...
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UPDATE: Stifel Nicolaus Initiates Take-Two Interactive with Buy on Multiple Big Events Ahead
Friday, June 7, 2013 - 11:16am | 217In a report published Friday, Stifel Nicolaus analyst Drew Crum initiated coverage on Take-Two Interactive Software (NASDAQ: TTWO) with a Buy rating and $21.00 price target. In the report, Stifel Nicolaus noted, “We are initiating coverage of Take-Two Interactive Software, Inc. (TTWO) with a Buy...
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UPDATE: Stifel Nicolaus Raises PT on Electronic Arts Following NYC Conference
Wednesday, May 22, 2013 - 9:34am | 114In a report published Wednesday, Stifel Nicolaus analyst Drew Crum reiterated a Buy rating on Electronic Arts (NASDAQ: EA), and raised the price target from $22.00 to $26.00. In the report, Stifel Nicolaus noted, “Yesterday we hosted sr. management of Electronic Arts at the Stifel Internet,...