Baird

Facebook, Inc. (NASDAQ: FB) reported second-quarter results that exceeded expectations. Daily active users (DAUs) of 1.59 billion and monthly active users (MAUs) were consistent with the Street's expectations, but average revenue per user (ARPU) of $7.05 beat estimates of $6.87. The company...

On Wednesday, Costco Wholesale Corporation (NASDAQ: COST) reported 5.4% same-store sales growth and 15.7% online sales growth in the month of June. Quarter after quarter, Costco continues to put up strong numbers, and its investors get rewarded. Analysts say Costco’s long-term success is no...

Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported Wednesday fiscal first-quarter results, which sent the stock tumbling to its lowest level in over a decade. Here is a summary of how some of the Street's top analysts reacted to the print and management's guidance. The Analysts Wedbush'...

A potential Broadcom Inc (NASDAQ: AVGO) acquisition of Symantec Corporation (NASDAQ: SYMC) would be "very favorable" for Symantec investors, but bad for Broadcom's product innovation, according to Baird. The Analyst Jonathan Ruykhaver maintained a Neutral rating on Symantec with an...

Intellia Therapeutics Inc’s (NASDAQ: NTLA) gene editing drug seems to have the potential to disrupt the treatment of hereditary transthyretin amyloidosis, according to Baird. The Analyst Madhu Kumar initiated coverage of Intellia Therapeutics with an Outperform rating and $23 price target....

Olive Garden parent company Darden Restaurants, Inc. (NYSE: DRI) on Thursday reported fourth-quarter results. Earnings of $1.76 per share beat the analyst consensus estimate of $1.72, while quarterly sales of $2.23 billion missed the consensus estimate of $2.24 billion. Here is a summary of how...

Crocs, Inc. (NASDAQ: CROX) shares were soaring Friday after Baird turned bullish on the casual footwear company's stock.   The Analyst Jonathan Komp upgraded Crocs from Neutral to Outperform and maintained a $29 price target. The Thesis The recent pullback in Crocs shares has...

Tapestry Inc (NYSE: TPR) announced its new chief financial officer hire Wednesday. The Analyst  Baird analyst Mark Altschwager reiterated an Outperform rating on Tapestry with a $43 price target. The Thesis Joanne Crevoiserat is the luxury fashion brand's new CFO...

Tariff concerns for Yeti Holdings Inc (NASDAQ: YETI) are overblown, according to Baird.  With around 55 percent of Yeti’s sales exposed to “List-4” tariffs, the company screens unfavorably if trade tensions with China escalate further — but the analyst said ...

Broadcom Inc (NASDAQ: AVGO) lowered its full-year revenue guidance, dispelling hopes of a recovery in the back half of the year, according to Baird. The Analyst Tristan Gerra maintained an Outperform rating on Broadcom and reduced the price target from $300 to $280. The Thesis Earlier in 2019...

Investors and analysts still aren't fully charged up on Tesla Inc. (NASDAQ: TSLA) despite CEO Elon Musk’s assertion that the company could have a “shot at a record quarter on every level” during the electric carmaker's Tuesday shareholder meeting. Sales have "far...

Baird analysts turned "incrementally positive" on Chipotle Mexican Grill, Inc. (NYSE: CMG) after hosting a chat with the senior management team, including CEO Brian Niccol. The Analyst Baird's David Tarantino maintains an Outperform rating on Chipotle with an $800 price target, but...

Zumiez Inc. (NASDAQ: ZUMZ) shares were soaring Friday after the apparel retailer posted a first-quarter earnings and sales beat the day prior. The apparel and footwear retailer reported 3.3-percent comp growth in the quarter. The Analyst  Baird analyst Jonathan Komp maintained...

Costco Wholesale Corporation (NASDAQ: COST) said Wednesday afternoon total sales for the month of May rose 5.9 percent year over year to $11.67 billion and comparable sales rose 4.2 percent. Multi-Year Trends Intact Costco's May comps of 4.2 percent represents a deceleration from March and...