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Dollar Tree Shares Trading At A Real Bargain
Monday, August 7, 2017 - 1:51pm | 360While some issues still persist, Loop Capital reiterated a Buy rating on the company after conducting an in-store channel checks at Family Dollar to gauge the progress of Dollar Tree, Inc. (NASDAQ: DLTR) turnaround efforts. “While we were generally impressed by the in-stock levels and...
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Investors Are Starting To See A Strategic Buyer For MSG Networks As Unrealistic
Monday, August 7, 2017 - 12:08pm | 776MSG Networks Inc (NYSE: MSGN) shares have fallen 19.5 percent in 15 weeks, almost to the level of Loop Capital Market’s $19 price target. The market’s take on the New York Knicks broadcaster has aligned with that of the research firm’s, prompting an upgrade from Loop, managing...
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Will Q2 Costs Detour JB Hunt From Hitting Full Year Guidance?
Wednesday, July 19, 2017 - 7:37am | 227J B Hunt Transport Services Inc (NASDAQ: JBHT) reported a second-quarter earnings miss on Monday that was largely due to increased cost measures and saw its operating margin rate fall 140 basis points. Loop Capital believes that despite the cost increases, the company’s full year guidance is...
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'Amazon Acquisition Event Risk' And The Food Service Industry
Wednesday, July 5, 2017 - 9:00am | 392Analysts at Loop Capital Markets made use of a "prisoners' dilemma model" to gain a better understanding of what food-related stocks are at most risk from Amazon.com, Inc. (NASDAQ: AMZN)'s pending acquisition of Whole Foods Market, Inc. (NASDAQ: WFM). Amazon's acquisition of a grocery store chain...
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Analysts Applaud Micron's Beat-And-Raise Third Quarter
Wednesday, July 5, 2017 - 8:46am | 1022Micron Technology, Inc. (NASDAQ: MU) announced last week its fiscal third-quarter results, which showed 92-percent year-over-year revenue growth to $5.57 billion and non-GAAP earnings per share of $1.62 compared to $0.90 in the year-ago period. The results were ahead of the consensus estimates....
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Which Oil Service Stocks Are Most Correlated To The Price Of Oil?
Sunday, July 2, 2017 - 5:27pm | 539Oil & gas investors have been among the few groups who haven’t enjoyed the market rally in the first half of 2017. For investors looking to buy the dip in oil and for those looking to avoid further potential downside, Loop Capital has some valuable information about correlations between...
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3 Factors Stacking Up Against Rent-A-Center
Wednesday, June 7, 2017 - 8:27am | 437Analysts at Loop Capital Markets turned incrementally bearish on Rent-A-Center Inc (NASDAQ: RCII) as the company faces a clear secular shift that will impact its core business. Loop Capital's Anthony Chukumba downgraded Rent-A-Center's stock from Hold to Sell with an unchanged $8 price...
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GameStop Is Still A Buy At Loop Capital
Thursday, June 1, 2017 - 10:18am | 462Video game retailer GameStop Corp. (NYSE: GME) hosted a series of meetings with institutional investors on Wednesday. Loop Capital Markets' Anthony Chukumba tagged along and offered his observations in a research report. Chukumba maintains a Buy rating and $28 price target on GameStop's...
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4 Takeaways From Advanced Micro Devices' Recent Trade Show Product Update
Wednesday, May 31, 2017 - 10:58am | 425Breaking ranks from peers Loop Capital and Macquarie, which recently downgraded Advanced Micro Devices, Inc. (NASDAQ: AMD), Wells Fargo Securities gleaned hope Tuesday from the company’s Computex conference exhibit and reiterated an Outperform rating on the stock. “We think that AMD has...
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Did Williams-Sonoma Do Enough In Q1 To Battle Amazon?
Thursday, May 25, 2017 - 2:59pm | 425Shares of Williams-Sonoma, Inc. (NYSE: WSM) opened for trading in positive territory at $53.80 Thursday morning in reaction to its first-quarter results. But by the afternoon trading session, the stock had given up all its earlier gains. Loop Capital Markets' Anthony Chukumba maintains a Hold...
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Will Ulta's Q1 Report Continue Its Street-Beating Streak?
Wednesday, May 24, 2017 - 1:16pm | 426Ulta Beauty Inc (NASDAQ: ULTA) has been a beneficiary of the "selfie generation" where teens and millennials need to look their best for the constant stream of selfies posted to social media platforms. Ulta's nearly 800 percent gain over the past 10 years has rewarded long-term...
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The 'House Of Cards' Season 5 Debut May Be A Reason To Own Netflix Shares
Tuesday, May 23, 2017 - 12:05pm | 423With the highly-anticipated fifth season of the hit Netflix, Inc. (NASDAQ: NFLX) show “House of Cards” just a week away, the next two weeks could be a critical period for Netflix traders. Is 'House Of Cards' A Full Deck? “House of Cards” will likely give Netflix shares a...
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The Sell-Side View On Advanced Micro Devices' Analyst Day
Thursday, May 18, 2017 - 10:32am | 592Advanced Micro Devices, Inc. (NASDAQ: AMD) shares are down 8.4 percent Wednesday after investors were disappointed with the company’s Analyst Day event after the close Tuesday. Several Wall Street analysts have commented on AMD following the event. Here’s a look at key themes they...
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6 Key Themes From Nvidia's Q1
Thursday, May 11, 2017 - 1:33pm | 533Nvidia Corporation (NASDAQ: NVDA) shares were up another 6 percent on Thursday and are now up 22 percent this week after the company reported a huge Q1 earnings beat. Now that Wall Street has had time to digest Nvidia’s monster quarter, here’s a look at some of the key themes analysts...
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What To Make Of Meet Group's 'Conservative' Guidance
Tuesday, May 9, 2017 - 11:31am | 403Shares of Meet Group Inc (NASDAQ: MEET) plunged more than 12 percent on Wednesday in reaction to the company's first quarter report and an outlook that analysts at Loop Capital Markets described as conservative. Loop Capital's Blake Harper maintains a Buy rating on Meet Group's stock with an...