Guggenheim

Guggenheim restarted coverage of the new Fox Corp. (NASDAQ: FOXA) with a bullish stance on the TV network company’s prospects for growth as much as the rest of the television world fractures in the face of streaming. The Analyst Guggenheim’s Michael Morris resumed coverage of Fox with a...

A move by T-Mobile Us Inc (NASDAQ: TMUS) to offer home broadband to some rural and underserved homes is aimed at boosting chances for a merger with Sprint Corp. (NYSE: S) and probably poses only a “muted threat” to cable companies, according to Guggenheim.  What Happened T-Mobile...

Fidelity National Information Servcs Inc (NYSE: FIS) this week announced a massive $34-billion buyout of e-commerce and payments company Worldpay, Inc. (NYSE: WP). The payment deal isn’t the first M&A announcement in the sector his year, and momentum could be growing for a major wave of...

Guggenheim initiated coverage of a trio of software companies Wednesday with a mostly bullish take on the outlook for the group. The Analyst Guggenheim analyst Ken Wong:  Initiated coverage of Wix.com Ltd (NASDAQ: WIX) with a Buy rating and $130 price target. Initiated HubSpot Inc (NYSE...

Shares of Adobe Inc. (NASDAQ: ADBE) were dropping Friday after the cloud software company issued disappointing second-quarter guidance, but sell-side analysts seemed less concerned. Reactions were mixed, with a couple reminding investors that Adobe’s core business is fine and continued growth...

American Express Company (NYSE: AXP) is up 17 percent year to date, and its optimism for a strong 2019 certainly made an impression at this week’s Investor Day. The Ratings Guggenheim analyst Jeff Cantwell maintained a Neutral rating on the stock, while Wells Fargo analyst Donald Fandetti...

Shares of Worldpay Inc (NYSE: WP) have appreciated around 28 percent since the beginning of the year versus an 11-percent increase in S&P. The good news related to results and projections are now reflected in the share price, according to Guggenheim. The Analyst Guggenheim’s Jeff Cantwell...

Sinclair Broadcast Group Inc (NASDAQ: SBGI) reported solid fourth-quarter revenue and adjusted EBITDA Wednesday on the back of record political spending for the midterm election.  The company has repurchased around 11 percent of its total shares outstanding since August, and the key...

Brazilian payments company PagSeguro Digital Ltd (NYSE: PAGS) indicated its intention to continue focusing on growing its merchant base and increasing merchant engagement and retention during its fourth-quarter earnings call.  The company has a strong product suite to support these...

Global Payments Inc (NYSE: GPN) posted healthy fourth-quarter results Feb. 13, with revenue and adjusted EPS falling in line with expectations. Management gave positive commentary on SICOM/Xenial, highlighting momentum in the quick service restaurant space and upbeat independent software...

CBS Corporation (NYSE: CBS) provided updated guidance, reflecting combined direct-to-consumer subscribers of 25 million by 2022, high-single-digit revenue CAGR over the next three years and strong content investment in the first half of 2019. Moreover, around 70 percent of the company’s...

Yelp Inc (NYSE: YELP) reported fourth-quarter results ahead of its modest projections and announced disappointing guidance. The company’s performance continues to be impacted by model changes and 2019 could be a transition year, according to Guggenheim. The Analyst Guggenheim’s Jake...

Field checks suggest positive trends for the human resources software platform Workday Inc (NASDAQ: WDAY), according to Guggenheim. Although Workday's 2019 results may be heavily weighted toward the back end, the company appears poised for multiyear, multiproduct growth, the sell-side firm...

The revised first-quarter estimates for DISH Network Corp (NASDAQ: DISH) reflect higher subscriber-related revenue, along with an increase in subscriber acquisition costs and capex, according to Guggenheim. The Analyst Guggenheim’s Mike McCormack maintains a Buy rating on DISH Network, with...

Shopify Inc (NYSE: SHOP) reported some impressive holiday sales numbers, but the stock took a big hit after guidance fell short of the market’s expectations. Shopify revenue was up 54.3 percent to $343.86 million in the fourth quarter. But with shares up 30 percent year-to-date, traders took...