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A Guess And Kate Spade Pair Trade From Google Search Data
Monday, February 13, 2017 - 12:31pm | 255An analysis of specialty retail data collated from the Google Trends online platform for the fiscal fourth quarter period suggests that Guess?, Inc. (NYSE: GES) may have recorded comp sales upside against market estimates within the Americas region, while Kate Spade & Co (NYSE: KATE) may report...
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Breaking Down The Big Opening Weekend For 'LEGO Batman'
Monday, February 13, 2017 - 8:33am | 334Warner Bros.' "LEGO Batman" opened as the No. 1 movie as expected, "although the $55.6mm domestic result admittedly lagged more optimistic tracking and the studio's $60mm expectation,” Wunderlich’s Matthew Harrigan said in a note. The analyst maintained a Buy...
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Lions Gate Says Starz Merger Ahead Of Schedule; Street Awaits More Details On Performance
Thursday, February 9, 2017 - 9:54am | 300Lions Gate Entertainment Corporation (NYSE: LGF)reported satisfactory results and indicated that the integration of the merger with Starz Acquisition LLC (NASDAQ: STRZA) was progressing ahead of schedule. The company’s conference call had a positive tone, Wunderlich’s Matthew Harrigan...
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Palo Alto Gains Market Share; Growth Approach Should Push Shares Higher
Wednesday, February 8, 2017 - 11:11am | 351Wunderlich’s Bill Choi believes Palo Alto Networks Inc (NYSE: PANW) has been improving its security platform, in an attempt to address the growing demand for hybrid cloud environments, protection related to SaaS applications, as well as protection against credential theft and abuse. The...
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'Lego Batman' Could Beat Opening Weekend Estimates
Tuesday, February 7, 2017 - 11:43am | 316Wunderlich believes the opening weekend estimate of Time Warner Inc (NYSE: TWX) movie "The LEGO Batman" is conservative, while the brokerage maintained its Buy rating on the shares ahead of the company’s February 8 earnings print. Is The Estimate Conservative? “We actually think the H$...
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Wunderlich Says Second Arctic Cat Offer Unlikely
Tuesday, February 7, 2017 - 11:37am | 358“Given the significant and consistent operating losses Arctic Cat Inc (NASDAQ: ACAT) has displayed the past several years, worsening further still as we see in 3Q results, we view it unlikely that another strategic or financial buyer would be willing to pay a meaningful premium to the $18.50/...
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Power Solutions Sees Downgrades After SEC Investigation, Trading Halt
Monday, February 6, 2017 - 1:16pm | 426Power Solutions International Inc (NASDAQ: PSIX) was downgraded by three analysts Monday after the company’s shares lost more than half their value Friday and trading was temporarily halted. Power Solutions is under investigation by the Securities and Exchange Commission, according to a...
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Uncertainty Trumps Potential For Power Solutions; Wunderlich Downgrades
Monday, February 6, 2017 - 11:57am | 266Shares of Power Solutions International Inc (NASDAQ: PSIX) were halted on a circuit breaker during Friday's trading session after the company received notice that its independent accounting firm will no longer be providing its services and that the company's chief financial officer Michael Lewis...
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On A Positive Note, FireEye Is Likely To Generate Full-Year Cash Flow In 2017
Friday, February 3, 2017 - 3:36pm | 395At a time when investors are thrashing FireEye Inc (NASDAQ: FEYE), Wunderlich analyst Bill Choi said the cybersecurity company’s continued reduction in costs would help it to generate full-year operating cash flow in 2017. Overall, Lackluster Print But, that was the only positive as FireEye...
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Callaway Golf's Impressive Market Share Gains Tempered By Modest Guidance
Friday, February 3, 2017 - 11:03am | 308Callaway Golf Co (NYSE: ELY) announced its 2017 guidance short of expectations. Given that the company continued to gain market share across product categories and positive channel checks for new 2017 products, management’s guidance could prove conservative, Wunderlich’s Rommel Dionisio...
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After A Strong Q4, Uncertainty Sets In For Tableau Software
Friday, February 3, 2017 - 9:16am | 318Shares of Tableau Software Inc (NYSE: DATA) surged 14 percent in the pre-market hours Friday on better-than-expected fourth-quarter results. But, Wunderlich analyst Bill Choi prefers to remain on the sidelines, citing uncertainty from ratable mix for FY 2017. Quarter Review Driven by strength in...
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Graco Downgraded At 24x Earnings
Wednesday, February 1, 2017 - 10:07am | 254The Q4:16 results reported by Graco Inc. (NYSE: GGG) “represent the company's ability to drive organic revenue growth in the face of uneven end markets and manage the business to increase operating margins,” Wunderlich’s Liam D. Burke said in a note. The analyst downgraded the...
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A Preview Of Symantec's Q3 Results
Monday, January 30, 2017 - 11:53am | 347Symantec Corporation (NASDAQ: SYMC) is scheduled to report its Q3:17 results after the close on Wednesday. Wunderlich’s Bill Choi maintains a Buy rating on the company, with a price target of $30. Q3 Expectations “We're slightly adjusting our Q3 estimates for incremental FX...
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1-800-Flowers.com Is One Of The Best Positioned Consumer Plays
Monday, January 30, 2017 - 10:33am | 2841-800-Flowers.Com Inc (NASDAQ: FLWS) is scheduled to announce its Q2 FY 2017 results on Tuesday. The company would likely report in-line results and maintain its annual guidance, which may prove conservative, Wunderlich’s Eric Beder said in a report. He reiterated a Buy rating on the company...
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Use Any Weakness In Proofpoint To Accumulate Shares
Friday, January 27, 2017 - 9:43am | 288Proofpoint Inc (NASDAQ: PFPT) reported strong Q4 results on Thursday, beating expectations, and raised its 2017 guidance. “Looking forward, PFPT will see additional tailwind from larger McAfee conversions, accelerating adoption of Office 365 driving SaaS-based security protection, and...