BMO Capital

This week, the FDA granted approval for Merck & Co., Inc. (NYSE: MRK)’s Keyruda for chemotherapy combination treatment of frontline lung cancer. While the approval was far from a surprise, it may be enough to move the needle for both Merck and rival Bristol-Myers Squibb Co (NYSE: BMY)....

The latest chapter in the Valeant Pharmaceuticals Intl Inc (NYSE: VRX) drama is a happy one. Shares of the battered pharma stock are up nearly 24 percent this week after the company reported Q1 earnings and raised its full-year earnings guidance. Despite the good news and the positive move,...

Pre-open movers U.S. stock futures traded lower in early pre-market trade. The ADP national employment report for April will be released at 8:15 a.m. ET. US Services Purchasing Managers' Index for April is schedule for release at 9:45 a.m. ET, while the ISM non-manufacturing index for April...

One of the hottest stocks in the market in recent years, NVIDIA Corporation (NASDAQ: NVDA) has cooled off in the past two months ahead of Q1 earnings expected out on May 9. Nvidia received a double downgrade from Nomura and BMO Capital on February 22 and 23. Since that time, Nvidia has given both...

Pre-open movers U.S. stock futures traded lower in early pre-market trade. Data on international trade for February will be released at 8:30 a.m. ET, while data on factory orders for February will be released at 10:00 a.m. ET. Federal Reserve Governor Daniel Tarullo is set to speak in Princeton, N....

Fadi Chamoun of BMO Capital upgrades FedEx Corporation (NYSE: FDX) to Outperform and raised price target by $10 to $220. Further, the analyst’s upside case points to a target price of $260 over the medium-term (three years), representing a potential return of 34 percent. What The Margins,...

Markets are reaching new all-time highs, but Palo Alto Networks Inc (NYSE: PANW) isn't reaping any of the benefits. Shares are down 22 percent on following a handful of downgrades following a large third quarter miss. Of the firms that downgraded Palo Alto Networks were William Blair, JP Morgan...

It was a rough week for Nvidia Corporation (NASDAQ: NVDA), one of the top performing issues in the S&P 500 index in 2016. Last year, the issue ran up 224 percent from its 2015 year-end close ($32.96) to $106.74. Bad Week Per its 2016 style, the issue began last week with a nearly $4 gain,...

Two of the hottest stocks in the tech sector may have gotten a bit too hot. BMO Capital and Nomura have downgraded NVIDIA Corporation (NASDAQ: NVDA) to Sell and Reduce ratings, respectively. In the past year, NVIDIA shares are up an incredible 604 percent, but the two firms believe the huge move in...

Activision Blizzard, Inc. (NASDAQ: ATVI) crushed earnings expectations for its fourth quarter as "Overwatch" performed better than most anticipated and offset "Call of Duty" weakness. But, BMO Capital’s Gerrick Johnson prefers to remain on sidelines amid elevated investor expectations...

BMO Capital maintains its Outperform rating on Twenty-First Century Fox Inc (NASDAQ: FOXA) following its $0.04 EPS beat in its second quarter, driven by the World Series, Fox News ratings and "Deadpool." However, shares were down after the company's total revenue fell short of the Street's view...