-
Digitization Drives Autodesk's Skyrocketing Potential, Analyst Predicts Bright Future
Monday, April 17, 2023 - 1:28pm | 285Shares of Autodesk Inc (NASDAQ: ADSK) rose in early trading on Monday, after witnessing some unusual trading activity last week. The company faces several large and unprecedented opportunities to grow its total addressable market (TAM), according to a William Blair analyst. The Autodesk Analyst:...
-
Costco Set To Crush Competition: Analyst Points To Loyal Members, Efficient Operations, And Room For Expansion
Thursday, April 13, 2023 - 9:58am | 285Costco Wholesale Corporation (NASDAQ: COST) experienced unusual options trading activity on Wednesday. Given operational efficiency, the company appears well positioned in an uncertain macro environment, according to William Blair. The Costco Wholesale Analyst: Phillip Blee initiated coverage of...
-
3 RH Analysts On Headwinds For Luxury Home-Furnishings Company After Q4 Downbeat Earnings, Guidance
Thursday, March 30, 2023 - 10:20am | 438Shares of RH (NYSE: RH) were down slightly on Thursday, after the company reported an earnings miss. KeyBanc Capital Markets On RH Analyst Bradley Thomas reiterated a Sector Weight rating on the stock. RH reported disappointing fourth-quarter results and its guidance for the first quarter and full-...
-
7 Lululemon Athletica Analysts On Q4 Print: 'Demand For LULU's Merchandise Remains Healthy And Strong,' But There May Be A Headwind
Wednesday, March 29, 2023 - 11:57am | 774Shares of Lululemon Athletica Inc (NASDAQ: LULU) made big moves in early trading on Wednesday. The company reported fourth-quarter revenue of $2.77 billion, up 30% year-over-year and higher than Street expectations of $2.70 billion. Lululemon’s adjusted earnings of $4.40 per share also topped...
-
Chewy Barking Up Right Tree: Most Analysts Bullish Even As Stock Crashes After Q4 Print
Thursday, March 23, 2023 - 10:59am | 535Chewy Inc (NYSE: CHWY) reported upbeat earnings and sales for its fourth quarter, while announcing a decline in its active customers. Needham On Chewy Analyst Anna Andreeva maintained a Buy rating and price target of $55. “With EBITDA margins well above initial expectations reaching 3% in...
-
Why This Intuitive Surgical Analyst Is Bullish About 'Durable Growth'
Thursday, March 23, 2023 - 10:18am | 214Intuitive Surgical Inc. (NASDAQ: ISRG) shares have been in focus for its short interest. The Sunnyvale, California-based company addresses a large market and has a strong pipeline that can deliver “durable growth,” according to William Blair. The Analyst: Brandon Vazquez initiated...
-
Biden Saves Depositors, Leaves Hedge Funds Out To Dry: Which Funds Lost The Most On SVB And Others?
Monday, March 13, 2023 - 12:18pm | 1213The Federal Reserve and the Biden Administration on Sunday took decisive action to safeguard the country's banking system by providing additional funding to eligible depository institutions to help them meet the needs of all their depositors, amid the shutter of multiple regional banks....
-
Why Investors Should Take A Look At Rackspace Technology
Thursday, April 1, 2021 - 10:37am | 343Rackspace Technology, Inc. (NASDAQ: RXT) has transformed its business by providing multicloud services to hyperscale cloud infrastructure providers. The company has also established a “robust partner ecosystem,” which includes Amazon.com, Inc.'s (NASDAQ: AMZN)...
-
4 Palantir Analysts Debate Data Analytics Company's Mixed Q4, Eye End Of Lockup Period
Wednesday, February 17, 2021 - 1:02pm | 826Palantir Technologies Inc (NYSE: PLTR) shares lost 12.75% Tuesday in reaction to mixed fourth-quarter results. Here's what the Street has to say. The Palantir Analysts: Goldman Sachs analyst Christopher Merwin upgraded Palantir from Neutral to Buy and increased the price...
-
Analysts React To Heavy Selling Pressure In The Tech Sector
Monday, September 9, 2019 - 3:01pm | 735Tech stocks led the market lower on Monday, with the Technology Select Sector SPDR Fund (NYSE: XLK) trading down 1% on the day. Twilio Inc (NYSE: TWLO) shares plunged 9.7%, Roku Inc (NASDAQ: ROKU) shares dropped 4.4% and Snap Inc (NYSE: SNAP) shares tumbled 7.1% amid the sell-off. Fearful Investors...
-
GE Analyst: Short Report Would Have Some Merit 2 Years Ago
Friday, August 16, 2019 - 3:41pm | 435Shares of General Electric Company (NYSE: GE) plummeted Thursday after a short seller report penned by Harry Markopolos emerged that argued the company is engaged in fraud. If the report surfaced two years ago it would have more merit, William Blair analyst Nicholas Heymann said on CNBC's...
-
Sell-Side Bullish On Uber As Quiet Period Ends
Tuesday, June 4, 2019 - 11:16am | 537More than a dozen sell-side analysts issued Buy recommendations Tuesday for Uber Technologies Inc. (NYSE: UBER) as the waiting period on rating the stock expired for banks that worked on its recent IPO. “Uber is a transformational company that should benefit from secular shifts to the sharing...
-
Lululemon Has Long-Term Potential To 'Nearly Triple Revenue,' Bullish Analyst Says Ahead Of Q3 Print
Tuesday, November 27, 2018 - 4:16pm | 440William Blair said it expects Lululemon Athletica inc. (NASDAQ: LULU) to meet or slightly beat its EPS estimates for the yoga apparel maker when it reports third-quarter results Dec. 5. The Analyst William Blair analyst Sharon Zackfia maintains an Outperform rating on Lululemon. ...
-
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...
-
What To Do With Roku's Stock Following 20% Sell-Off?
Thursday, November 8, 2018 - 1:51pm | 603Roku Inc (NASDAQ: ROKU) reported Wednesday a top-and-bottom-line beat in its third-quarter earnings print, but other metrics fell short of expectations. Here is a summary of how some of the Street's top analysts reacted. The Analysts William Blair's Ralph Schackart maintains an Outperform...