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Callaway Golf On An Operational Roll, Analyst Says Topgolf Growth Could Accelerate
Tuesday, October 12, 2021 - 6:43pm | 297The increase in rounds of golf being played in the U.S. and the return of indoor golf at an entertainment destination lead to a bullish call on an industry leader. The Callaway Golf Analyst: Compass Point analyst Casey Alexander upgraded shares of Callaway Golf Co (NYSE: ELY) from Neutral to Buy...
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Why Compass Point Is Initiating Coverage On Marathon Digital, Riot Blockchain
Monday, June 21, 2021 - 4:01pm | 318While the blockchain and cryptocurrency space is essentially decentralized, there are some key companies supporting its growth, according to Compass Point. The Crypto Infrastructure Analyst: Michael Del Grosso initiated coverage of the blockchain and cryptocurrency infrastructure. The analyst...
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Compass Point Says Salesforce A Core Holding For Investors, Bullish On Workday
Tuesday, August 13, 2019 - 12:29pm | 568Cloud company salesforce.com, inc. (NYSE: CRM) should be considered a core holding due to an impressive business model that showed a durable growth profile over the past decade, according to Compass Point. The Analyst Compass Point analyst Marshall Senk initiated coverage of Salesforce with a...
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Why You Shouldn't Buy Canadian Marijuana Stocks, According To Analysts
Tuesday, June 18, 2019 - 3:11pm | 475By Brendan Bures. In the world of pot stocks, your options are seemingly limitless. To reduce the agony of parsing which stocks might be winners and losers, you might just settle on the biggest names out there. Companies like Tilray Inc (NASDAQ: TLRY) and Canopy Growth Corp (NYSE: CGC), for example...
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A Peek Into The Markets: U.S. Stock Futures Mixed Ahead Of Jobless Claims
Thursday, March 8, 2018 - 8:07am | 399Pre-open movers U.S. stock futures traded mixed in early pre-market trade. The Challenger job-cut report for February is schedule for release at 7:00 a.m. ET, while data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Futures for the Dow Jones Industrial Average...
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A Peek Into The Markets: U.S. Stock Futures Mostly Flat Ahead Of Consumer Confidence, Pending Home Sales Data
Wednesday, December 27, 2017 - 8:46am | 382Pre-open movers U.S. stock futures traded mostly flat in early pre-market trade. The Conference Board consumer confidence index for December and the pending home sales index for November will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average dropped 7 points to 24,785,...
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Callaway Golf Added To 'Alpha List' At Compass Point
Monday, March 6, 2017 - 3:14pm | 361Compass Point, which upgraded Callaway Golf Co (NYSE: ELY) to Buy in early February, has now added the stock to its Alpha List, which presents the firm's best short-term, event-driven ideas that are expected to generate near-term alpha. “We are seeing several factors come together, any...
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Lending Club Analyst Sees 'Risks Intensifying,' Maintains Sell With 16% Downside
Wednesday, January 6, 2016 - 12:17pm | 274Compass Point Research issued a company update on LendingClub Corp (NYSE: LC) amid valuation concerns due to the company's business risk profile. Compass Point maintained Lending Club's Sell rating and $9 price target. Analysts Michael Tarkan, Isaac Boltansky and Andrew Eskelsen wrote...
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The Market Is Overlooking 2U's New Contract Extension, Research Firm Says
Tuesday, November 10, 2015 - 10:24am | 323Shares of 2U Inc (NASDAQ: TWOU) have declined 40.25 percent over the past three months, touching a low of $20.30 on November 3. Compass Point’s Michael Tarkan has reiterated a Buy rating and price target of $40 on the company. Despite the recent underperformance of the stock, Tarkan...
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Remember, First Niagara Is Worth $13/Share Amid Buyout Rumors
Thursday, October 29, 2015 - 3:36pm | 480Various media sources reported on Thursday that KeyCorp (NYSE: KEY) is in advanced talks to acquire First Niagara Financial Group Inc. (NASDAQ: FNFG). Laurie Havener Hunsicker of Compass Point commented in a note on October 23 that First Niagara could be worth approximately $13 per share in a...
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Venmo Monetization Means PayPal Is A Buy
Thursday, October 29, 2015 - 9:14am | 349The share price of Paypal Holdings Inc (NASDAQ: PYPL) has appreciated 13.24 percent in the last month, reaching a high of $36.57 on Wednesday. Compass Point’s Michael Tarkan has reiterated a Buy rating and price target of $45 on the company. While the company reported “noisy...
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Wall Street Analyst References 'Journey' To Show Excitement For Springleaf Holdings
Wednesday, September 9, 2015 - 10:33am | 284Following the recent pullback, Springleaf Holdings Inc (NYSE: LEAF) shares are down 20 percent, after touching a high of $53.60 on March 23. Compass Point’s Michael Tarkan initiated coverage of Springleaf Holdings with a Buy rating and a price target of $55. Following the recent...
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OnDeck Growth Is Shrinking, But Here's One Reason It Remains A 'Buy'
Tuesday, August 4, 2015 - 9:02am | 368In a report published Tuesday, Stifel analyst Christopher C. Brendler maintained a Buy rating on On Deck Capital Inc (NYSE: ONDK), while reducing the price target from $23 to $17, after the company reported its second quarter results. OnDeck, a leading platform for small business lending, announced...
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Compass Point: Buy PayPal
Friday, July 31, 2015 - 9:09am | 324In a report published Friday, Compass Point analyst Michael Tarkan initiated coverage of Paypal Holdings Inc (NASDAQ: PYPL) with a Buy rating and price target of $45. The company is well positioned due to its impressive growth, robust global brand and balance sheet to continue to benefit...
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Green Dot Is Already Up 30% In A Day, But Is It Worth Even More?
Tuesday, June 23, 2015 - 7:17am | 390In a report published Tuesday, Compass Point analyst Michael Tarkan maintained a Neutral rating on Green Dot Corporation (NYSE: GDOT), while raising the price target from $18 to $22, after the company announced the renewal of the MoneyCard contract with Wal-Mart Stores, Inc. (NYSE: WMT) and a new...