Axiom Equity Research

AXIOM Equity Research termed Solaredge Technologies Inc (NASDAQ: SEDG) shares as worth selling, pointing out the real threat from Chinese panels. The firm initiated coverage with a Sell rating and set a target price of $10 on the stock implying more than 30 percent downside risks from the current...

Despite the 9 percent appreciation in IAC/InterActiveCorp (NASDAQ: IAC) shares over the past four weeks, as compared to the 2 percent rise in the S&P 500, the stock continues to trade at a meaningful discount to its net asset value. Axiom’s Victor Anthony maintains a Buy rating on the...

Axiom’s Gordon Johnson expressed increased optimism on the solar sector, with expectations of “catalysts of both the fundamental & sentiment variety on the horizon.” Johnson upgraded the rating on SolarCity Corp (NASDAQ: SCTY) from Sell to Hold. Reasons For Optimism...

Following the lower-than-consensus 2017 sales guidance issued by Caterpillar Inc. (NYSE: CAT), Axiom’s Gordon L. Johnson II believes the company’s 2–17 revenue guidance as a real near-term risk. Johnson maintains a Sell rating on the company with a price target of $31. Revenue...

XO Group Inc (NYSE: XOXO) reported its 2Q16 results, with the revenue marginally missing expectations, while the EPS was a penny above the consensus expectations and the adjusted EBITDA beat the consensus by 11 percent. Axiom’s Victor Anthony maintains a Buy rating on the company, with a...

Axiom’s Victor Anthony mentioned that Shutterfly, Inc.’s (NASDAQ: SFLY) EBITDA multiple has expanded 35 percent since late February. Anthony downgraded the rating on the company from Buy to Hold, attaching a price target of $52. “We continue to believe that Shutterfly is exposed...

Axiom's Gordon Johnson believes SolarCity Corp (NASDAQ: SCTY) and Tesla Motors Inc (NASDAQ: TSLA) is not a good fit, especially given the current net metering regulations. Johnson maintained a Sell rating on SolarCity, with a price target of $7. Following Elon Musk’s comment that...

After Tuesday's market close, Tesla Motors Inc (NASDAQ: TSLA) announced it had made an all-stock bid to acquire SolarCity Corp (NASDAQ: SCTY) for $26.50-$28.50 per share. Axiom’s Gordon Johnson maintained a Sell rating on SolarCity, with a price target of $7. Very Little Value...

Axiom’s Victor Anthony believes that Facebook Inc (NASDAQ: FB) is becoming “the world’s largest communications and entertainment platform,” and that the stock therefore deserves to trade at a premium. The analyst maintained a Buy rating on the company, while raising the...

With the copper and aluminum markets much worse than earlier expected, Axiom’s Gordon L. Johnson II believes the risks facing these markets would create increased risk EPS revisions for Rio Tinto plc (ADR) (NYSE: RIO). Johnson downgraded the rating on Rio Tinto to Sell, with a price target...

Solar investors are bracing for further industry-wide selloffs following concerning reports that Sunedison Inc (NYSE: SUNE) is the subject of a Securities and Exchange investigation. Shares of SunEdison plunged below the $1 mark as the company is alleged to have overstated how much cash it...

Shares of Sunedison Inc (NYSE: SUNE) have declined 88.96 percent over the past six months, dropping almost down to their 52-week low on November 20 at $2.82. Axiom's Gordon L. Johnson II has upgraded the rating on the company from Sell to Hold, with a price target of $2. Johnson...