Bernie McTernan

Analysts are weighing in on which sportsbooks stand to gain from Super Bowl LIX and whether a Kansas City Chiefs three-peat would be a win or loss for the industry. Super Bowl LIX Winners: Bank of America said the Chiefs winning and less than 48.5 points being scored in Super Bowl LIX could be the...

Uber Technologies Inc (NYSE:UBER) shares are up on Thursday, despite the company reporting an earnings miss for the fourth quarter. The company reported its quarterly results amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan On Uber Technologies Analyst Doug Anmuth...

A higher than average amount of NFL betting favorites won games in the 2024 season, which could be bad news for sportsbooks like Flutter Entertainment (NYSE:FLUT) owned FanDuel and others. Flutter calls out one Detroit Lions game as being particularly painful, while an analyst says revised guidance...

Chewy Inc (NYSE:CHWY) shares were down Thursday after the company reported downbeat third-quarter sales. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets On Chewy Analyst Steven Shemesh maintained an Outperform rating while...

DraftKings Inc (NASDAQ:DKNG) analysts highlight the long-term outlook and opportunities after the company lowered fourth-quarter and full-year guidance Thursday. Benchmark analyst Mike Hickey reiterated a Buy rating with a $44 price target. Needham analyst Bernie McTernan reiterated a Buy rating...

Shares of Airbnb Inc (NASDAQ:ABNB) tumbled in early trading on Friday, after the company reported downbeat third-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Piper Sandler On Airbnb Analyst Thomas Champion maintained a...

Shares of Lyft Inc (NASDAQ:LYFT) were climbing in early trading on Thursday, after the company reported upbeat third-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Cantor Fitzgerald analyst Deepak Mathivanan maintained a...

Sports betting and online gaming company DraftKings Inc (NASDAQ:DKNG) could highlight early results from the 2024 NFL season and new state legalizations when the company reports third-quarter financial results Thursday after market close. Earnings Estimates: Analysts expect the company to report...

Strong market share and growing opportunities in online sports betting could push Flutter Entertainment (NYSE:FLUT) shares higher, according to Needham analyst Bernie McTernan, who initiated coverage with a Buy rating and a $270 price target on the Fanduel parent. The Analyst Takeaways: With...

Sportsbooks operators such as DraftKings Inc (NASDAQ:DKNG) could stand to benefit with the 2024 National Football season underway and another week of favorable outcomes for sportsbooks in the second week of games. The DraftKings Analyst: Needham analyst Bernie McTernan reiterated a Buy rating and $...

Sports betting giant DraftKings Inc (NASDAQ:DKNG) gets a boost in the app store rankings and benefits from several key wins to kick off the 2024 NFL season. The DraftKings Analyst: Needham analyst Bernie McTernan reiterated a Buy rating and $60 price target on DraftKings. The Analyst Takeaways: A...

Sports betting operator DraftKings Inc (NASDAQ:DKNG) looks strong compared to competitors for promotional activity, market share and more ahead of the 2024 NFL season. The DraftKings Analyst: Needham analyst Bernie McTernan reiterated a Buy rating and $60 price target on DraftKings. The Analyst...

Peloton Interactive Inc (NASDAQ:PTON) shares rose in trading on Friday, after the company reported upbeat quarterly sales. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Macquarie Equity Research On Peloton Interactive Analyst Paul Golding...

A battle between DraftKings Inc (NASDAQ:DKNG) bulls and bears could come down to EBITDA, surcharges and competition, an analyst says after the company and rival Flutter Entertainment (NYSE:FLUT) have both now reported second-quarter financial results. The DraftKings Analyst: Needham analyst Bernie...

San Francisco, California-headquartered Airbnb, Inc. (NASDAQ:ABNB) has completed 26 years of existence as a company, having launched on Aug. 11, 2008. This community-based vacation rental company is an online platform for listing and renting local homes.  Here’s a brief look back at how it...