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6 Advanced Micro Devices Analysts On Q4 Results: 'Relief To Investors'
Wednesday, February 1, 2023 - 11:27am | 682Shares of Advanced Micro Devices, Inc (NASDAQ: AMD) gained after the company released its fourth-quarter results and several analysts raised their price targets for the stock. Credit Suisse on Advanced Micro Devices Analyst Chris Caso reiterated an Outperform rating, while raising the price target...
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Looking For Stocks To Own Amid Rising Rates And High Inflation? Baird Says Block Is A 'Premier' Option
Tuesday, January 3, 2023 - 1:31pm | 429After locking in the worst performance of any stock under Baird's coverage umbrella in 2022, Block Inc (NYSE: SQ) could be positioned to outperform in 2023. What Happened: Baird on Tuesday upgraded Block from Neutral to Outperform and raised the price target...
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7 Adobe Analysts On Q4 Earnings: 'First Clean Quarter In A Year'
Friday, December 16, 2022 - 12:04pm | 697Adobe Inc (NASDAQ: ADBE) reported fourth-quarter revenues that were in-line with the consensus estimate, while delivering an earnings beat. Here's what the Street has to say Friday. Piper Sandler On Adobe Analyst Brent Bracelin maintained an Overweight rating while raising the...
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2 AMD Analysts Turn Bullish: 'This Has Historically Been A Very Strong Buy Signal'
Monday, November 14, 2022 - 1:58pm | 497Key cycle indicators are shifting and channel checks now show that Advanced Micro Devices Inc (NASDAQ: AMD) is positioned to take share in 2023, according to a pair of analyst firms that upgraded the semiconductor stock. What Happened: UBS on Monday upgraded AMD...
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Here Are 5 October Stock Picks From Benzinga's Most Accurate Analysts
Tuesday, October 11, 2022 - 9:08am | 602Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused...
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Why This Bank Of America Analyst Is Turning Bearish
Monday, November 1, 2021 - 12:48pm | 215With Bank of America Corp’s (NYSE: BAC) stock having appreciated through most of 2020 and in early 2021, there seems to be limited upside and market expectations are “quite high,” according to Baird. The Bank of America Analyst: David George downgraded Bank of America from...
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Baird Initiates BeyondSpring With Outperform On Plinabulin Potential
Thursday, September 9, 2021 - 6:08pm | 268BeyondSpring Inc’s (NASDAQ: BYSI) lead candidate plinabulin is likely to receive approval around the Nov. 30 PDUFA date for chemotherapy-induced neutropenia (CIN), according to Baird. The BeyondSpring Analyst: Joel Beatty initiated coverage of BeyondSpring with an Outperform rating and a...
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Why Baird Is Bullish On Chewy
Wednesday, July 28, 2021 - 11:44am | 210The COVID-19 pandemic accelerated the pet retail sector's transition to digital, which bodes well for Chewy Inc (NYSE: CHWY), according to Baird. The Chewy Analyst: Justin Kleber initiated coverage of Chewy with an Outperform rating and a price target of $105. The Chewy Thesis: The company...
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Baird Upgrades ON Semiconductor On Operating Margin Catalysts, Valuation
Tuesday, May 4, 2021 - 5:54pm | 222The current upcycle is likely to continue in 2022, facilitating ON Semiconductor Corp’s (NASDAQ: ON) mix improvement initiatives, according to Baird. The ON Semiconductor Analyst: Tristan Gerra upgraded the rating for ON Semiconductor to Outperform, while raising the price target from $38 to...
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Sarat Sethi Disagrees With Bank Of America Downgrade By Baird
Tuesday, May 4, 2021 - 5:02pm | 312If the lending business picks up, Bank Of America Corp (NYSE: BAC) is one of the best banks to own, Douglas C. Lane & Associates' Sarat Sethi said Tuesday on CNBC's "Fast Money: Halftime Report" What Happened: Baird analyst David George downgraded Bank of America...
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2 Analysts Downgrade Bed Bath & Beyond, Stock Still Pops 30%
Wednesday, January 27, 2021 - 4:30pm | 406Bed Bath & Beyond Inc. (NASDAQ: BBBY) offers investors a compelling recovery story but the stock's run to north of $50 per share prompted two analysts to downgrade the stock. The Bed Bath & Beyond Analysts: Wedbush analyst Seth Basham downgraded Bed Bath & Beyond from...
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Baird Upgrades Walgreens Boots, Expects Turnaround Of 'Train Wreck' Performance
Monday, January 11, 2021 - 12:21pm | 422Shares of pharmacy retailer Walgreens Boots Alliance Inc (NASDAQ: WBA) ended 2020 lower by nearly 30%, but Baird sees several catalysts for the company that it said should put an end to years of "train wreck" performance. The Walgreens Analyst: Eric Coldwell upgraded...
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Qualcomm 'At The Center' Of 5G Revolution, Baird Says
Wednesday, December 23, 2020 - 2:05pm | 289Qualcomm, Inc. (NASDAQ: QCOM) is well positioned to take advantage of the 5G revolution in 2021 and beyond, according to Baird. The Qualcomm Analyst: Tristan Gerra initiated coverage of Qualcomm's stock with an Outperform rating and $200 price target. The Qualcomm Thesis: Qualcomm is "at...
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Fintech Focus For December 23, 2020
Tuesday, December 22, 2020 - 8:20pm | 1714Quote To Start The Day: During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple acquiring Tesla (for 1/10 of our current value). He refused to take the meeting. Source: Elon Musk One Big Thing In Fintech: Jack Miller, head of trading at Baird,...
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Bed Bath & Beyond Rallies 35% On Q2 Results: 3 Analyst Takes On The Print
Friday, October 2, 2020 - 11:38am | 587Specialty retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) may have caught some investors off-guard by reporting a top-and-bottom-line beat in its second quarter. Are Wall Street analysts just as bullish? The Bed Bath & Beyond Analysts: Raymond James analyst Bobby Griffin maintains...