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Wall Street Reacts To Yet Another Lululemon Earnings Beat
Thursday, June 13, 2019 - 2:08pm | 895Lululemon Athletica inc. (NASDAQ:LULU) reported a strong first-quarter earnings beat on Wednesday, continuing its stretch as one of the hottest companies in a struggling retail environment. Wall Street had plenty to say about lululemon's continued outperformance. Lululemon shares traded up 1.9...
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Nomura: AMD's Upcoming Products Can Drive Revenue Momentum, Operating Leverage
Wednesday, June 12, 2019 - 2:17pm | 561Advanced Micro Devices, Inc. (NASDAQ: AMD) is credited for its strong product momentum in recent years, which has helped it to challenge Intel Corporation (NASDAQ: INTC)'s pole position. The Analyst Following AMD's gaming wins with Microsoft Corporation (NASDAQ: MSFT), Alphabet Inc (NASDAQ...
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Market Sells Off Pinterest, But Sell-Side Less Concerned About Soft Guidance
Friday, May 17, 2019 - 12:13pm | 518Pinterest Inc. (NYSE: PINS) may have offered a soft outlook for the year, but sell-side analysts said Friday little has changed on the newly-public company’s long-term narrative. Pinterest shares were hit hard after the company projected a bigger-than-expected EBITDA loss for the year. The...
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5 Reasons Nomura Likes Pinterest
Friday, May 10, 2019 - 10:55am | 377Pinterest Inc (NYSE: PINS) is trading up 18 percent from its IPO price, but it may have more room to run, according to Nomura Instinet. The Analyst Analyst Mark Kelley initiated coverage of Pinterest with a Buy rating and $34 price target. The Thesis Kelley is inspired by five...
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Nomura Initiates Micron At Neutral, Sees Positives And Negatives To The Stock
Tuesday, April 16, 2019 - 9:37am | 402Micron Technology, Inc. (NASDAQ: MU) is back on track in 2019 after a rough 2018, but one Wall Street analyst says investors can expect more mixed performance from Micron shares ahead. The Analyst Nomura Instinet analyst David Wong initiated coverage of Micron with a Neutral rating and $45 price...
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Analysts Cheer Old Navy Split, But Gap Still Has Some Work To Do
Friday, March 1, 2019 - 4:00pm | 782Shares of Gap Inc. (NYSE: GPS) surged 20 percent after it announced it will spin off its best performing brand, Old Navy, to shareholders in 2020, leading a few Wall Street analysts to boost their price estimates for the stock. Gap also announced a major restructuring plan that will see the closure...
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Lululemon, Ulta Valuations Send Nomura To The Sidelines
Wednesday, February 20, 2019 - 1:07pm | 552Nomura is moving to the sidelines on Lululemon Athletica inc. (NASDAQ: LULU) and Ulta Beauty Inc (NASDAQ: ULTA). The Analyst Analyst Simeon Siegel downgraded Ulta from Buy to Neutral and raised the price target from $305 to $311. Siegel owngraded Lululemon from Buy to Neutral and...
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The Street Stays Bullish On Netflix Following Q4 Earnings
Friday, January 18, 2019 - 10:40am | 1042Streaming video giant Netflix, Inc. (NASDAQ: NFLX) reported its fourth-quarter results highlighted by an earnings beat and a slight revenue miss, while domestic and international subscriber additions came in better than expected. The company guided its first-quarter EPS and revenue to be 56 cents...
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4 Takeaways On Square From Nomura
Tuesday, November 20, 2018 - 4:35pm | 429Square, Inc. (NYSE: SQ) reported third-quarter earnings Nov. 7 that beat estimates for both sales and earnings. The company raised its fourth-quarter guidance and conducted investor relations meetings in New York City. The Analyst Nomura analyst Dan Dolev maintained a Buy rating on Square and...
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Analysts Take Rain Check On Nordstrom After 'Eh' Q3 Report
Friday, November 16, 2018 - 10:40am | 594Nordstrom, Inc. (NYSE: JWN) plunged as much as 15 percent Friday despite reports of a marginal bottom-line beat, better-than-expected gross margins, in-line comps and raised sales guidance. Here's what the analysts are looking at. Inventory Trends Nomura is increasingly concerned with...
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Wall Street Reacts To Apple's New MacBooks, iPad Pro
Thursday, November 1, 2018 - 7:44am | 428Apple, Inc. (NASDAQ: AAPL) held a product event on Tuesday at which it unveiled its new iPad Pro, MacBook Air and Mac Mini. Several analysts have weighed in on Apple’s new products. Rising Prices Nomura analyst Jeffrey Kvaal said Apple is using the same iPhone playbook that has worked so well...
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Twitter Flies After Q3 Earnings; Analysts Weigh In On What To Do With The Stock
Friday, October 26, 2018 - 3:42pm | 779Twitter Inc (NYSE: TWTR) reported Thursday a top-and-bottom-line beat in its third-quarter results, but certain user metrics fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Goldman Sachs' Heath Terry maintains a Buy...
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DAU Drop Off, Lack Of Originality: Analysts Aren't Impressed With Snap
Friday, October 26, 2018 - 11:03am | 626Snap Inc (NYSE: SNAP) fell nearly 20 percent Friday as the Street weighed marginal top- and bottom-line beats. By and large, experts were unimpressed. Surface Improvements Snap surpassed top-line estimates with strong average revenue per user (ARPU) — a metric driven by growth in global...
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Microsoft's Q1 Print Reinforces Bullish Sell-Side Views
Thursday, October 25, 2018 - 12:05pm | 939Microsoft Corporation (NASDAQ: MSFT) reported first-quarter results Wednesday afternoon that included an EPS beat; here's how some of the Street analysts covering the tech giant reacted. The Analysts Wells Fargo's Philip Winslow maintains an Outperform rating on Microsoft's...
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Tesla's Q3 Earnings: The Bull-Bear Debate
Thursday, October 25, 2018 - 10:10am | 1099Tesla Inc (NASDAQ: TSLA) surged Wednesday after posting a major bottom-line beat and its first profitable quarter in two years. “Tesla flexed is model leverage muscles in [Q3], exhibiting a dramatic swing from negative to positive on a number of key metrics,” according to Nomura. ...