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Bank Of America Upgraded En Masse On Wall Street
Tuesday, August 25, 2015 - 10:21am | 848Read More...Shares of Bank of America Corp (NYSE: BAC) rebounded on Tuesday morning by more than 5 percent after Wall Street analyst upgraded the stock en masse. The stock traded recently at $16.04, up 4.9 percent on the day. Bernstein: Sell-Off Provides ‘More Attractive' Entry Point John...
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Macquarie Discusses Travelers Investor Day Presentation, Reiterates At Sell
Friday, August 14, 2015 - 10:50am | 280Read More...In a report published Thursday, Macquarie Research analyst Amit Kumar offered a quick take following Travelers Companies Inc (NYSE: TRV)'s Investor Day presentation which was hosted by senior executives including incoming Alan Schnitzer who will take over as CEO on December 1. Kumar noted...
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Oil Rig Counts Could Keep Falling In America: Here's Why
Thursday, August 13, 2015 - 7:56am | 369Read More...According to Walt Chancellor at Macquarie Research, a combination of "resilient supply and continuing productivity gains" will provide headwinds to oil drilling demand. The impact: U.S. oil production may not stabilize until mid-2017, Chancellor said. Looking into the near-term...
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Freeport-McMoRan Could Double On Copper, Oil Recovery And Mining Revamp
Wednesday, August 12, 2015 - 11:04am | 287Read More...In a report published Wednesday, Macquarie Research analyst Aldo Mazzaferro reiterated an Outperform rating on shares of Freeport-McMoRan Inc (NYSE: FCX) with an unchanged $22 price target after the company suggested it will raise up to $1 billion in equity by selling shares. Mazzaferro...
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Have Semiconductor Stocks Bottomed? Macquarie Thinks So
Monday, August 10, 2015 - 9:54am | 381Read More...In a report published Monday, Macquarie analyst Deepon Nag commented on the U.S. semiconductor space, noting that "estimates haven't bottomed, but stocks may have." According to Nag, semiconductor stocks have underperformed as of late to due to softening end demand, inventory...
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Wall Street Analysts Can't Agree On Zillow
Wednesday, August 5, 2015 - 12:44pm | 761Read More...Zillow Group Inc (NASDAQ: Z) reported its second-quarter results after Tuesday's market close. The company reported a loss of $0.46 per share (non-GAAP loss of $0.01) on revenue of $171.3 million, while the Street was looking for a loss of $0.27 per share on sales of $169.17 million. After...
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Macquarie: Sell Cisco
Tuesday, August 4, 2015 - 8:59am | 364Read More...In a report published Tuesday, Macquarie analyst Rajesh Ghai initiated coverage of Cisco Systems, Inc. (NASDAQ: CSCO) with an Underperform rating and price target of $26. Although the company is expected to report strong quarterly results, the analyst expressed concerns regarding the longer-term...
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Is China's GDP Overstated?
Thursday, July 23, 2015 - 3:22pm | 378Read More...In a new report out this week, Macquarie Research analyst Weijun "Larry" Hu took readers back to algebra class to show that, contrary to the fears of some analysts, China’s GDP deflator is not responsible for a 1–2 percent error in the country’s Q1 GDP growth estimate....
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Global Satellite Internet Network Could Be A Game-Changer… Here's How To Profit From It
Thursday, July 2, 2015 - 11:19am | 409Read More...In a report published Wednesday, Macquarie Research analyst Andrew DeGasperi discussed OneWeb's recent announcement that it has secured $500 million in funding for a network of small satellites that could connect the "other three billion" people to the Internet. OneWeb has four years to develop and...
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MoneyGram Downgraded At Macquarie; M&A Rumors Aren't Enough
Wednesday, June 24, 2015 - 9:59am | 176Read More...In a report published Wednesday, Macquarie analyst Kevin McVeigh downgraded the rating on Moneygram International Inc (NASDAQ: MGI) from Outperform to Neutral, with an $11 price target. The analyst believes that the risk/reward profile of the stock is "underwhelming," with limited upside and lack...
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Macquarie Upgrades Hercules Technology, Likes Dividend
Tuesday, May 26, 2015 - 9:12am | 196Read More...In a report published Tuesday, Macquarie analysts upgraded their rating on Hercules Technology Growth Capital, Inc. (NYSE: HTGX), with a price target of $14. The analysts believe that the company's dividend is sustainable and that the competitive environment is likely to moderate. Although...
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LinkedIn's Lead Accelerator Product: Analyst Review
Tuesday, May 19, 2015 - 9:14am | 268Read More...In a report published Tuesday, Macquarie Research analysts maintained an Outperform rating on LinkedIn Corp (NYSE: LNKD), with a price target of $248, after the company gave a demo of its Lead Accelerator (LA) product. The Lead Accelerator or LA aims to leverage LinkedIn's huge member database and...
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Macquarie Says American Tower Now Worth $107/Share, Upgrades To Outperform
Wednesday, April 15, 2015 - 8:49am | 312Read More...In a report published Wednesday, Macquarie Research analysts upgraded the rating on American Tower Corp (NYSE: AMT) to Outperform, while raising the price target from $102 to $107. The analysts consider the company's stock as "compelling" following its recent underperformance. "We believe that AMT'...
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Why The WWE Trade Is 'Looking Tired,' Caught In Wrestlemania Hype
Wednesday, March 25, 2015 - 9:42am | 215Read More...In a report published Tuesday, Macquarie Research analyst James Clement suggested investors "sell the news" after World Wrestling Entertainment, Inc. (NYSE: WWE) reports its post-WrestleMania conference call scheduled for March 30. According to Clement, based on historical pay-per-view trends...
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UPDATE: Macquarie Research Downgrades UPS As Peak Pressures Persist
Monday, January 26, 2015 - 10:12am | 141Read More...In a report published Monday, Macquarie Research analyst Kelly Dougherty downgraded the rating on United Parcel Service, Inc. (NYSE: UPS) from Outperform to Neutral, and lowered the price target from $118.00 to $106.00. In the report, Macquarie Research noted, “UPS pre-announced very disappointing...
