Joseph Foresi

Investors are faced with so much conflicting information that it can be hard to know which expert opinions to take seriously. Even among Wall Street analysts, there is a wide range of performance. If you’ve ever wondered why Wall Street analysts don’t have batting averages or...

PayPal, Inc. (NASDAQ: PYPL) stock tumbled more than 4.5 percent Thursday  after the company reported a decline in quarterly profit. PayPal earned 69 cents per share in the fourth quarter, slightly ahead of analyst estimates of 67 cents. Net income for the quarter was $584 million, down from $...

Coupa Software Inc (NASDAQ: COUP) unexpectedly swung to a profit in the third quarter on the basis of 42-percent revenue growth. The company issued upbeat Q4 guidance and raised its full-year outlook.  The Analysts Raymond James analyst Brian Peterson reiterated an Outperform rating on...

Square Inc (NYSE: SQ) is getting crushed Thursday following a disappointing third-quarter earnings report. Square beat analyst expectations for earnings and revenue, but its fourth-quarter guidance disappointed Wall Street. The stock was down more than 9 percent to $74.79 at time of publication....

Cantor Fitzgerald analyst Joseph Foresi attended this week’s Consensus 2018 blockchain conference in New York and released a note on Wednesday discussing the investment implications of blockchain. Early Stages Foresi said blockchain technology is still in its embryonic phase, with few...

Amazon.com, Inc. (NASDAQ: AMZN) is a prime example of how "Big Tech" needs to incorporate fintech in its business, according to Cantor Fitzgerald. The Analyst Cantor Fitzgerald's Joseph Foresi, Michael Reid and Drew Kootman commented on Amazon's fintech ambitions. The Thesis...

PayPal Holdings Inc (NASDAQ: PYPL) and eBay Inc (NASDAQ: EBAY) are headed in opposite directions after eBay announced it will switch to a new payments processor starting in 2020. A number of Wall Street analysts weighed in on the two stocks following the report. Voices From The Street ◘...

Cantor Fitzgerald has started coverage of Global Payments Inc (NYSE: GPN) with an Overweight rating driven by the company’s opportunity to grow revenue and margins through integration of Heartland Payment acquisition. Global Payments is a merchant acquirer, which signs up card merchants or...

International Business Machines Corp. (NYSE: IBM) is set to kick off the fourth quarter earnings season for large-cap technology firms by reporting its quarterly numbers on Thursday after the market close. Analyst Joseph Foresi of Cantor Fitzgerald, who has a Neutral rating and price target of $156...

Cantor Fitzgerald raised its price target on the shares of Cognizant Technology Solutions Corp (NASDAQ: CTSH) following activist investor Elliott Management's "Value Enhancement Plan" for the company. Analyst's Take On Fund's Plan For Cognizant Dwelling on the plan, analyst Joseph Foresi said...

Syntel, Inc. (NASDAQ: SYNT)'s decision to give shareholders a one-time special dividend of $15 per share by repatriating cash held by its foreign subsidies isn't enough to turn Joseph Foresi of Cantor Fitzgerald bullish. In a research report on Tuesday, Foresi noted that Syntel will repatriate...

Cantor Fitzgerald initiated Exponent, Inc. (NASDAQ: EXPO) shares with a Buy rating and kept a price objective of $57 on the company's shares. Analysts Joseph Foresi and Michael Reid liked the science and engineering name, citing the business' nature as able to weather any economic backdrop and...

Infosys Ltd ADR (NYSE: INFY) cut its FY17 constant currency (cc) revenue guidance to 10.5–12.0 percent from 11.5–13.5 percent after lower-than-expected second-quarter results. Infosys' guidance cut surprised the market, as the software maker stated last month that full-year guidance...

In late November, Computer Sciences Corporation (NYSE: CSC) spun off CSRA Inc (NYSE: CSRA), formerly Computer Sciences Government Services Inc. In a report issued Tuesday, Cantor Fitzgerald analyst Joseph Foresi shared a look into Computer Sciences a month after the split. The expert maintained a...