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Analysts Defend Walmart's Quarter
Wednesday, February 21, 2018 - 2:27pm | 538Walmart Inc (NYSE: WMT) investors were blindsided by a disappointing fourth quarter this week, sending the stock tumbling by more than 11 percent. Several Wall Street analysts have jumped in to defend Walmart following the lackluster quarter. Here’s a rundown of what they had to say. Voices...
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A Peek Into The Markets: U.S. Stock Futures Fall; All Eyes On Fed Minutes
Wednesday, February 21, 2018 - 7:54am | 415Pre-open movers U.S. stock futures traded lower in early pre-market trade. The flash Composite Purchasing Managers' Index for February is schedule for release at 9:45 a.m. ET, while data on existing home sales for January will be released at 10:00 a.m. ET. Philadelphia Federal Reserve Bank...
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Walmart, Target Are Susquehanna's Top Picks Ahead Of Retail Earnings Season
Friday, February 16, 2018 - 12:53pm | 770A Susquehanna analyst is recommending Walmart Inc (NYSE: WMT) and Target Corporation (NYSE: TGT) ahead of the retail earnings season, and said that with the holiday season in the rearview mirror, the focus on retailer earning calls will be on 2018 guidance. The...
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Susquehanna Upgrades Wynn Resorts Following CEO Departure: 'A Compelling Risk-Reward'
Thursday, February 8, 2018 - 1:57pm | 441Wynn Resorts, Limited (NASDAQ: WYNN) investors have had a bumpy ride in 2018 after CEO Steve Wynn was accused of sexual misconduct. After Wynn resigned from his position Tuesday, Susquehanna is refocusing on the company's performance. The Analyst Susquehanna analyst Rachael Rothman...
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3 Factors Prompt Susquehanna Downgrade Of Silicon Motion Technology
Tuesday, January 16, 2018 - 4:39pm | 353Silicon Motion Technology Corp. (ADR) (NASDAQ: SIMO), which develops flash controller ICs for solid-storage devices and specialty RF ICs for mobile devices, could be hit by a triple whammy. The Analyst Susquehanna's Mehdi Hosseini downgraded Silicon Motion from Positive to Neutral and...
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'Sell Under Armour': Susquehanna Sees The Entire Brand At Risk
Tuesday, January 9, 2018 - 11:35am | 451Under Armour Inc (NYSE: UAA) investors hoping to turn over another leaf in 2018 may be sorely disappointed. One Wall Street analyst says Under Armour will have another difficult year and the stock has even more downside ahead. The Analyst Susquehanna analyst Sam Poser downgraded Under Armour from...
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A Peek Into The Markets: U.S. Stock Futures Signal Higher Start On Wall Street
Tuesday, January 9, 2018 - 8:58am | 422Pre-open movers U.S. stock futures traded higher in early pre-market trade. The Labor Department's JOLTS report for November is schedule for release at 10:00 a.m. ET. Minneapolis Federal Reserve Bank President Neel Kashkari is set to speak in Minnesota at 10:00 a.m. ET. Futures for the Dow...
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ICYMI: AMD, GoPro, Seagate And Overstock
Monday, January 8, 2018 - 6:50pm | 445In case you missed it, here are some of Benzinga's top stories from Monday, Jan. 8, 2018. What Happened To Seagate? Shares of Seagate Technology (NASDAQ: STX) rallied Monday after a Seeking Alpha post indicated the company could own a large stake in Ripple, the volatile cryptocurrency. But it...
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Analyst Busts Seagate-XRP Play, Advises To Sell On The Strength
Monday, January 8, 2018 - 1:38pm | 384Seagate Technology PLC (NASDAQ: STX) rallied Monday on a Seeking Alpha post that it could own $7.8 billion in Ripple, the majority owner of XRP. But the ostensible cryptocurrency play may not be as profitable as it appears. The Rating Susquehanna Financial Group analyst Mehdi Hosseini maintained...
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Lululemon Set For 'Long-Term Profitable Growth,' Says Bullish Analyst
Thursday, December 14, 2017 - 5:38pm | 696Following a strong third-quarter earnings report, Lululemon Athletica inc. (NYSE: LULU) is approaching an inflection point that could lead to $4 billion in annual revenue, according to a Susquehanna analyst. The Expert Susquehanna analyst Sam Poser maintains a Positive on Lululemon with...
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Does Under Armour Deserve A Second Look?
Tuesday, November 7, 2017 - 5:56pm | 473Is the worst over for Under Armour Inc (NASDAQ: UAA)? After seeing shares drop 29 percent post-earnings, expectations may now be so low that the company can now hit the reset button. The downside is now limited on Under Armour, but the company must protect their house better, Susquehanna analyst...
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Why Micron Should Consider Buying Pure Storage
Tuesday, October 24, 2017 - 10:56am | 446Shares of Pure Storage Inc (NYSE: PSTG) were trading higher by around 3 percent Tuesday morning after analysts at Susquehanna Financial Group suggested the company is an attractive takeover target with the most likely buyer being Micron Technology, Inc. (NASDAQ: MU). Micron is reportedly parting...
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Nike's Eyes Bigger Than Its Stomach? Susquehanna Downgrades
Tuesday, September 19, 2017 - 3:45pm | 378Nike Inc (NYSE: NKE)'s pull model of keeping supply below demand has all but disappeared and it appears that adidas AG (ADR) (OTC: ADDYY) has successfully stolen it away. There is now an oversupply of basketball products in North America, which will continue to pressure sales and margins...
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AMD, Marvell Gain Semiconductor Share In Q3
Tuesday, September 19, 2017 - 2:11pm | 392Susquehanna just released its quarterly report on the semiconductor industry, and the latest numbers indicate Advanced Micro Devices, Inc. (NASDAQ: AMD) and Marvell Technology Group Ltd (NASDAQ: MRVL) have been the two big winners of the past quarter. Susquehanna’s PC-SIGnals report analyzes...
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Someone Made A Huge Bet On Silver
Friday, September 8, 2017 - 9:53am | 370Commodity and metal traders may want to pay attention to an interesting trade that occurred within the silver market Thursday. An investor (or an institution) was seen buying 19,500 call options on the most commonly tracked silver exchange traded fund, the iShares Silver Trust (ETF) (NYSE: SLV)....