Baird

The downturn in live sports — although temporary — along with growing consumer economic pressures could accelerate video cord-cutting, adversely impacting AT&T Inc. (NYSE: T) and Comcast Corporation (NASDAQ: CMCSA), while Netflix Inc (NASDAQ: NFLX) may be a ...

CrowdStrike Holdings, Inc. (NASDAQ: CRWD) reported a strong beat in its fourth-quarter earnings report Thursday. Here's how some analysts reacted to the earnings report. The CrowdStrike Analysts Credit Suisse’s Brad Zelnick maintained a Neutral rating with an unchanged $60 price...

PagerDuty Inc (NYSE: PD) reported fourth-quarter results Wednesday that were broadly in-line with expectations. The company posted 37% year-on-year revenue growth in the quarter and guided to 28% revenue growth in fiscal 2021. The PagerDuty Analysts Baird’s Robert Oliver maintained an...

Global delivery giant FedEx Corporation (NYSE: FDX) reported third-quarter results Tuesday and withdrew its guidance for the full year. Here's how some of the Street's top analysts reacted to the announcement. The FedEx Analysts Morgan Stanley analyst Ravi Shanker maintained an...

Shares of one of the largest stadium and campus food vending companies continued to plummet on Tuesday despite assurances it can weather the coronavirus shutdown that's closed off many venues where it would normally sell food. Aramark (NYSE: ARMK) shares are off more than 50% since the...

On Sunday, the Federal Reserve issued its second emergency interest rate cut of March, slashing its fed funds target range by 1% to between 0% and 0.25%. In addition to the rate cut, the Fed announced a new $700 billion quantitative easing program. On Monday morning, the Federal Reserve said it...

The COVID-19 virus has sent the market and the global economy into a tailspin. The Organisation for Economic Co-operation and Development slashed its global growth forecast for 2020 Monday by 0.5 points to 2.5% versus already-weak 2.9% growth in 2019. Global banks have begun talking up the...

Starbucks Corporation (NASDAQ: SBUX) provided its investors with an update on its business Thursday in the wake of the global coronavirus outbreak, and the picture wasn’t pretty. Starbucks said it is expecting a 50% drop in China revenue in the first quarter due to the outbreak. Temporary...

Data analytics company Splunk Inc (NASDAQ: SPLK) reported a disappointing fourth-quarter bottom-line result Wednesday and issued a weak revenue forecast for the first quarter and fiscal year 2021, sending shares lower. The Splunk Analysts Wells Fargo analyst Philip Winslow reiterated an...

Visa Inc (NYSE: V) shares traded slightly lower Tuesday after the company said Monday afternoon that it expects to take between a 2.5% and 3.5% revenue hit from the coronavirus in the fiscal second quarter. The filing comes after payments competitors Mastercard Inc (NYSE: MA) and Paypal Holdings...

Cisco Systems, Inc. (NASDAQ: CSCO) reported better-than-expected fiscal second-quarter results that were overshadowed by a weak outlook. As the stock trades lower, Wall Street analysts were quick to weigh in if investors should buy the dip or not. BofA: In-Line With 'Weak' Expectations...

Shopify Inc (NYSE: SHOP) surged after beating fourth-quarter estimates in gross merchandise volume (GMV), subscription revenue, merchant services revenue, and operating income. The company’s 47% total revenue growth represented its first quarter-over-quarter acceleration since 2013, while the...

Canada Goose Holdings Inc (NYSE: GOOS) reported Friday fiscal third-quarter results, which prompted one analyst to turn bullish while another felt it prudent to move to the sidelines. The (NYSE: GOOS) Analyst Baird Equity analyst Jonathan Komp upgraded Canada Goose from Neutral to Outperform with...

Cloud communications platform provider Twilio Inc (NYSE: TWLO) reported fourth-quarter results that came in better than expected, but 2020 guidance has some investors concerned. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Wells Fargo analyst...