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Analysts: Huawei Export Ban To Drag Skyworks In 2019, Beyond
Wednesday, June 5, 2019 - 3:38pm | 538Skyworks Solutions Inc (NASDAQ: SWKS) lowered its fiscal third-quarter revenue guidance Tuesday, citing the impact from export restrictions imposed by the Commerce Department on Huawei. The Analysts KeyBanc Capital Markets analyst John Vinh maintained his Sector Weight rating on the shares of...
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Wall Street Mostly Positive On Salesforce's Q1
Wednesday, June 5, 2019 - 1:45pm | 680Cloud company salesforce.com, inc. (NYSE: CRM) reported Tuesday fiscal first-quarter results that were greeted with a mostly unanimous positive reaction from Street analysts. The Analysts Morgan Stanley's Keith Weiss maintains an Overweight rating on Salesforce's stock with an unchanged $...
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GameStop Analysts See Hard Road Ahead For Retailer After Poorly Received Q1
Wednesday, June 5, 2019 - 11:27am | 459GameStop Corp. (NYSE: GME)'s stock tanked reporting a first-quarter sales miss Tuesday — and announcing the elimination of its dividend. BofA Bearish On Turnaround Bank of America Merrill Lynch analyst Curtis Nagle said urgent change is needed at GameStop, but isn't...
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Abercrombie & Fitch In Free Fall After Q1 Print, Bull Analysts Nowhere To Be Seen
Thursday, May 30, 2019 - 3:34pm | 627Shares of Abercrombie & Fitch Co. (NYSE: ANF) have dropped nearly 50 percent over the past month. The retailer reported a first quarter earnings and sales beat Wednesday, but issued weak second-quarter guidance. The stock was down 4.79 percent at the time of publication Thursday. ...
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Should Investors Buy The Dip In Canada Goose?
Thursday, May 30, 2019 - 3:06pm | 618Canada Goose Holdings Inc (NYSE: GOOS) reported Wednesday fiscal fourth-quarter results, which prompted a 30-percent plunge in the stock. Should investors be buyers of the dip? The Street debates what's next for the Canada-based company. The Analysts Wells Fargo's Ike Boruchow maintains a...
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Wall Street Stays Neutral On Dicks Sporting Goods Amid Potential Exit From Hunting Category
Thursday, May 30, 2019 - 2:18pm | 574Dicks Sporting Goods Inc (NYSE: DKS) shares fell Wednesday and were volatile Thursday after the retailer reported a first-quarter beat. Here's what the sell-side had to say. Canaccord Genuity The first-quarter print was a mixed bag, and the higher guidance is mostly buyback-...
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FireEye Analysts Cautiously Optimistic On Verodin Acquisition: 'We Continue To Wait-And-See'
Wednesday, May 29, 2019 - 2:52pm | 479FireEye, Inc. (NASDAQ: FEYE)’s $250-million acquisition of security vendor Verodin won praise Wednesday from sell-side analysts who said it should create upside to FireEye’s long-term strategic value. While positive on the acquisition, there was also a “wait-and-see”...
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2 Analysts React To Kohl's Q1 Earnings Miss
Wednesday, May 22, 2019 - 5:02pm | 400Kohl’s Corporation (NYSE: KSS) shares plummeted Tuesday after reporting a first-quarter earnings miss. A couple of analysts weigh in on what to do with the stock moving forward. Staying Positive “We see good value at current levels—with reset estimates supporting more attractive...
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Analysts Rave About Zynga's Q1; 'Game of Thrones' Game Launch Likely Coming In Q2
Thursday, May 2, 2019 - 4:52pm | 643Zynga Inc (NASDAQ: ZNGA) shares moved higher after the game developer reported first-quarter earnings Wednesday and raised 2019 sales guidance by $50 million. Baird Zynga’s first-quarter results largely confirm a successful turnaround and M&A strategy, improving organic...
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Baird Remains Confident In Nike, Prefers Foot Locker
Wednesday, April 10, 2019 - 2:34pm | 538Sportswear over performance continues to be the path for growth in athletic apparel, according to a new Baird report. The Analyst Baird analyst Jonathan Komp maintained a Neutral rating on Nike with an $87 price target. Komp maintains an Overweight rating on Foot Locker with a $77 price...
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Tesla Analysts Weigh In On Huge Deliveries Miss
Thursday, April 4, 2019 - 11:13am | 798Tesla, Inc. (NASDAQ: TSLA) crashed more than 9 percent Thursday after the company reported first-quarter auto deliveries well below Wall Street expectations. Tesla reported 50,900 Model 3 deliveries in the first quarter, missing consensus analyst estimates of 52,450. Total deliveries of 63,000...
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GameStop Is Losing Game Buyers To Cloud: Analysts Project 'Another Tough Year'
Wednesday, April 3, 2019 - 2:24pm | 601Not enough gamers are making a game stop. Shares of GameStop Corp. (NYSE: GME) plunged Wednesday after the brick-and-mortar video game and gaming hardware retailer reported a fourth-quarter sales miss and issued lower guidance the afternoon prior. Analysts and an industry observer ...
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Analysts Laud Biogen's M&A Strategy Following Deal to Buy Gene Therapy Company Nightstar
Tuesday, March 5, 2019 - 2:01pm | 618Biogen Inc (NASDAQ: BIIB) announced Monday a deal to buy gene therapy biotech Nightstar Therapeutics PLC (NASDAQ: NITE) for $800 million. The Analysts Baird analyst Brian Skorney maintained a Neutral rating on Biogen with a $348 price target. H.C. Wainwright analyst Andrew Fein reiterated a Buy...
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Baird: Long Ramp To Tesla Model Y Production Could Ease Cannibalization Concerns
Monday, March 4, 2019 - 11:59am | 593Tesla Inc. (NASDAQ: TSLA) plans to roll out its new Model Y SUV this month, CEO Elon Musk said on Twitter over the weekend. While some skeptics might think a new Tesla vehicle could cannibalize the company’s sales of existing models — the news comes shortly after the electric car...
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Baird Sees Struggle In Walgreens, Adds To Fresh Pick Negative List
Friday, March 1, 2019 - 12:55pm | 397Walgreens Boots Alliance Inc (NASDAQ: WBA) plunged Friday when Baird added the stock to its "Fresh Pick Negative List." “We think they're going to struggle with upper bounds of guidance,” analyst Eric Coldwell told Benzinga. The Rating Coldwell maintained a Neutral rating...