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Maxim Trims Apple Estimate, Keeps Target Above $150/Share
Wednesday, April 27, 2016 - 1:25pm | 351Read More...Maxim's Nehal Chokshi trimmed Apple Inc. (NASDAQ: AAPL)'s estimates, citing the likelihood of another revenue miss from the company before the iPhone 7 cycle kicks in. Chokshi cut his June quarter EPS estimate by 22 percent to $1.33 (consensus was $1.76) and FY16 EPS view by 8 percent to $8.05 (...
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Apple Selloff Overdone? Unreliable Source Might Be To Blame For iPhone Production Cut Talk
Sunday, April 24, 2016 - 4:14pm | 379Read More...Nehal Chokshi of Maxim said the June-quarter guidance of Apple Inc. (NASDAQ: AAPL) is expected to meet his estimate after his "analysis of likely source of Nikkei report regarding June quarter iPhone production cuts." On April 15, Nikkei published a report that implied iPhone supply will trend...
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Why Maxim Is Downgrading Domino's: Shares Pricing In Market Share Gains, Comp Growth
Tuesday, April 12, 2016 - 9:35am | 283Read More...Domino's Pizza, Inc. (NYSE: DPZ) shares have surged 23 percent year-to-date. Maxim’s Stephen Anderson downgraded the rating for the company from Buy to Hold, citing valuation. The analyst maintained the price target at $138. Beating Competition Domino's is estimated to have...
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Street Mixed On Chipotle's Poor Sales, Encouraging Comps
Wednesday, March 16, 2016 - 3:42pm | 499Read More...Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) plunged as much as 8 percent after the company reported lower-than-expected comps for February and warned of a first-quarter loss. The company warned of a loss in the first quarter, while analysts were expecting earnings of $0.08 a share for...
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Chipotle's Headline Risk Is Back And Legal Risks Remain, Maxim Warns
Thursday, March 10, 2016 - 11:20am | 383Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) has had quite a year of it as the embattled company struggles to regain customer and investor confidence following a series of wide-spread, national foodborne illnesses. While E. coli scares appeared to fade for a few weeks, a recent forced closure in...
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Cracker Barrel Shares Fall After Earnings; Here's What A Couple Of Analysts Think Now
Wednesday, February 24, 2016 - 4:12pm | 380Read More...Shares of Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) fell as much as 3 percent Wednesday after SunTrust downgraded the stock to Neutral from Buy on lower same-store sales forecast and declining market share gains. Cracker Barrel lowered its implied fiscal 2016 same-store sales...
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Wall Street's Best Think Gilead Will Continue To Outperform The Market
Monday, July 27, 2015 - 4:12pm | 451Read More...Shares of Gilead Sciences, Inc. (NASDAQ: GILD) are down about 1.8 percent on Monday trading, ahead of the announcement of the company’s second quarter financial results, scheduled for after the market closes on Tuesday. According to Estimize, experts are projecting earnings of $2.64 per...
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Maxim Starts Hewlett-Packard At Hold, Prefers HP Inc. To HP Enterprise
Tuesday, July 14, 2015 - 2:04pm | 277Read More...In a report issued Monday, Maxim analyst Nehal Chokshi initiated coverage on shares of Hewlett-Packard Company (NYSE: HPQ) with a Neutral rating and $34.00 12-month price target. Shares were down about 0.6 percent. The company is in the process of breaking up into HP Inc. (HPI: PCs + Printers...
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Apple Results Stir Animal Spirits Of Bulls And Bears
Tuesday, April 28, 2015 - 4:40pm | 469Read More...Apple Inc. (NASDAQ: AAPL)'s recent quarter stirred the animal spirits of both bulls and bears, with a veritable Noah's Ark of analysts weighing in. FBR's Daniel H. Ives called it "a Picasso-like quarter," and although he didn't elaborate on his art metaphor, maintained...
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Maxim: Seagate Stock Buybacks May Be Indicative Of Future Success
Monday, April 20, 2015 - 12:28pm | 231Read More...Maxim issued a company report on Seagate Technology PLC (NASDAQ: STX) after EPS beat expectations due to strong operating expense control. Maxim reiterated a Buy rating for Seagate and raised the price target from $68 to $70. Analyst Nehal Chokshi wrote, "STX reported March quarter revenue of $3....
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Is Gilead's Latest Japan Win Good News For Shareholders?
Tuesday, March 31, 2015 - 12:38pm | 554Read More...Gilead Sciences, Inc. (NASDAQ: GILD) announced on March 26 that Japan's Ministry of Health, Labour, and Welfare approved Sovaldi as a hepatitis C treatment. The approval comes a year and a half after the biotech company filed the New Drug Application, making Sovaldi the first Gilead drug...
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Maxim Sees Major Upside In These Biotech Stocks
Saturday, March 14, 2015 - 2:12pm | 341Read More...In a recent report, analysts at Maxim Group discussed the biotechnology sector and gave their outlook for five names in the space. Here's a rundown of what they had to say. Athersys, Inc. (NASDAQ: ATHX) Analysts believe that Athersys may have found a "sweet spot" for stroke...
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3 Analysts Weigh In On Michael Kors; Concerned With Clearance Sales
Tuesday, July 15, 2014 - 4:32pm | 161Read More...A number of analysts released coverage on Michael Kors (NYSE: KORS) Tuesday, stating concerns of margin stability, increased inventory and discounted products. Maxim downgraded Michael Kors from Buy to Hold with a price target cut from $109 to $85 a share. Analyst Rick Synder noted concerns of...
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Market Wrap For June 9: Markets Higher On St. Louis Fed Comments, Low Volume
Monday, June 9, 2014 - 4:42pm | 2188Read More...U.S. markets rose for the fourth straight session as investors positively digested comments coming from the St. Louis Fed. Jim Bullard, the St. Louis Fed chief said that inflation is low but moving back toward the two percent target. As such, Bullard argued that the Federal Reserve Open...
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Pandora Media's Next Big Opportunity: Connected Cars
Tuesday, April 15, 2014 - 11:34am | 498Read More...Corey Barrett of Pacific Crest Securities thinks that Pandora Media (NYSE: P) has a massive opportunity for growth in connected cars and could rival the dominance held by SiriusXM Radio as soon as 2017. Pandora will benefit from a shift in how automakers are moving towards bringing new technology...
