Bank of America Merrill Lynch

Exxon Mobil Corporation (NYSE: XOM) shares continued on an upward trajectory Monday after last week's better-than-expected earnings report that came alongside falling global oil and gas prices. The sell side's reaction to the print has been mixed. On Friday, Exxon reported third-...

Alibaba Group Holding Ltd (NYSE: BABA) shares were on the rise Monday following the Chinese internet company's report of solid second-quarter results, and sell-side analysts were continuing to recommend the stock amid an expanding digital marketplace. The Analysts Bank of America Merrill Lynch...

Bausch Health Companies Inc (NYSE: BHC) reported Monday ahead of the market open with better-than-expected third-quarter revenue and higher non-GAAP earnings. The company also raised its fiscal year 2019 guidance. The Analyst Bank of America Merrill Lynch analyst Jason Gerberry reiterated an...

Tobacco company Altria Group Inc (NYSE: MO)'s third-quarter print was viewed favorably by at least two Street analysts. The Analysts Bank of America Merrill Lynch analyst Lisa Lewandowski maintained a Buy rating on Altria with a $54 price target. Deutsche Bank analyst Steve Powers...

LYFT Inc (NASDAQ: LYFT) reported a significant third-quarter sales beat Wednesday that was driven by 28% growth in active riders and 27% growth in revenue per active rider. Contribution margins improved by 500 basis points, and earnings before interest, tax, depreciation and amortization were...

Investors are losing their appetite for Beyond Meat Inc (NASDAQ: BYND) even after the company posted a profitable first quarter. Shares plunged more than 23% Monday and were falling nearly 20% as of midday Tuesday.  The company's lockup period expired Tuesday, allowing early investors to...

Shares of Roku Inc (NASDAQ: ROKU) were rising on Monday as Bank of America started coverage of the stock with a Buy recommendation. The Analyst Bank of America's Ziv Israel started Roku with a Buy rating and a $154 price target. The Thesis Roku's leading position in the video streaming...

Hershey Co (NYSE: HSY) reported mixed third-quarter results and lifted part of its full-year outlook. The Analysts BMO Capital Markets analyst Kenneth Zaslow maintained a Market Perform rating on Hershey stock with a price target lifted from $133 to $138. Bank of America Merrill...

Tech reporting season has kicked in, with several high-profile companies reporting this week. Semiconductor and semi equipment companies are expected to report a 30% year-over-year drop in earnings this quarter, according to estimates compiled by Factset. Chip giant Intel Corporation (NASDAQ: INTC...

Biogen Inc (NASDAQ: BIIB) shares rallied strongly Tuesday after the biotech said it plans a regulatory filing for its Alzheimer's drug aducanumab, which the company had written off back in March. The Analysts Morgan Stanley analyst Matthew Harrison maintained an Underweight rating on...

Gildan Activewear (NYSE: GIL) shares were trading sharply lower on Friday after the apparel company issued weak third-quarter preliminary earnings guidance. The Analyst Bank of America Merrill Lynch analyst Heather Balsky downgraded Gildan from Buy to Underperform and lowered the price...

Johnson & Johnson (NYSE: JNJ) stock was on the rise Wednesday following better-than-expected third-quarter earnings and guidance, but analysts are mostly leery of boosting recommendations in light of a string of legal challenges the company faces. The Analysts Morgan Stanley’s...

General Motors Company (NYSE: GM) stock rose Tuesday on reports that CEO Mary Barra and President Mark Reuss joined contract talks with the United Auto Workers union, bringing hopes for a possible end to a strike that Bank of America Merrill Lynch said has cost the company more than $2 billion and...

Ambarella Inc (NASDAQ: AMBA) shares were falling 10% Tuesday after one of its largest Chinese customers was blacklisted by the Trump administration. What Happened Hikvision was one of 28 companies added to the U.S. Entity List of companies restricted from doing business with American companies. The...

Sell-side analysts were bullish Monday on RingCentral Inc. (NYSE: RNG) following the announcement last week of a “game-changing partnership” with Avaya Holdings Corp. (NYSE: AVYA) that could dramatically boost RingCentral’s market share and stock price. Ring Central investors...