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The Nike-Under Armour Pair Trade Remains Intact, For Now
Thursday, October 26, 2017 - 1:34pm | 612After a multitude of announcements made at Nike Inc (NYSE: NKE)'s biannual investor day this week, Deutsche Bank is keeping the Buy Nike, Sell Under Armour Inc (NYSE: UAA) pair trade intact. Don't Knock Nike Deutsche Bank analyst Paul Trussell said Nike’s optimism should surprise no...
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Deutsche Bank On Salesforce Upcoming Earnings: Expect Solid, Not Blowout Quarter
Monday, August 11, 2014 - 2:19pm | 275Analysts at Deutsche Bank released an earnings preview on Salesforce.com (NYSE: CRM) ahead of the release of its second quarter results on August 20. Analyst Karl Keirstead, conducted various checks within the Salesforce eco-system to better understand recent developments. Keirstead said that...
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3 Firms Comment On Expedia Heading Into Q2 Earnings Release
Thursday, July 31, 2014 - 3:26pm | 255Expedia (NASDAQ: EXPE) is scheduled to report its second quarter earnings after Thursday's market close. In the run-up to the release, a number of analyst have issued noted describing their view on what to expect. The consensus estimates for Expedia's second quarter results are calling...
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UPDATE: Deutsche Bank Downgrades Kraft Foods
Thursday, July 31, 2014 - 11:37am | 141In a note released before the market open on Thursday, Deutsche Bank analyst Eric Katzman downgraded shares of Kraft Foods (NASDAQ: KRFT) from Buy to Hold and lowered the price target from $62 to $59. Katzman noted that, despite what he sees as limited downside, he is moving to the sidelines...
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China Slowdown Muddies Mining Waters; Deutsche Bank Still Positive On The Sector
Monday, July 7, 2014 - 11:10am | 397With China's economic slowdown creating muddy waters for metals and mining stocks, a Deutsche Bank analyst remains generally positive on the group. "The focus is shifting to more company specific stories" from an emphasis on sector performance, analyst Jorge Beristain said in a...
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Kroger Hits Intra-Day Year High; Analysts Divided On Price
Monday, June 23, 2014 - 8:27am | 299Kroger (NYSE: KR) hit a 52-week high last Friday in intra-day trading, but analysts were divided at the current valuation. Kroger on Thursday posted adjusted quarterly earnings of $1.09 per share, up more than 18 percent from a year earlier and $0.04 ahead of estimates. Sales grew 10 percent to...
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Can Workday's Share Price Keep Up With Company's Growth?
Wednesday, May 28, 2014 - 4:27pm | 264Workday (NYSE: WDAY) once again beat quarterly expectations to analysts' loud applause. But some wonder whether the stock price is too rich. "Beating the numbers has been routine," BMO Capital Markets analyst Joel P. Fishbein Jr. said in a note Wednesday. "Valuation remains our primary concern...
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UPDATE: Deutsche Bank Upgrades Salesforce.com, Expects Billings To Grow 25 To 30 Percent
Monday, May 5, 2014 - 10:56am | 179Salesforce.com (NYSE: CRM) was upgraded to Buy from Hold Monday morning by Deutsche Bank. The price target was maintained at $65. Reasons for the neutral rating included high expectations for first quarter earnings, the new president changing the sales force and core business slowing. However,...
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Safeway Go-Shop Period Ends, Downgraded to Hold by Deutsche Bank
Monday, March 31, 2014 - 4:36pm | 144On Monday, Deutsche Bank downgraded shares of Safeway (NYSE: SWY) from Buy to Hold and maintained a $40 price target. Analyst Karen Short noted that Safeway is now subject to a “No Shop” provision, which “limits their ability to solicit alternative acquisition proposals.” The analyst is not...
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Priceline Earnings Preview: Will The Company Live Up To Expectations?
Thursday, February 20, 2014 - 3:25pm | 687Priceline.com (NASDAQ: PCLN) is scheduled to report its fourth quarter results on Thursday after the closing bell. The company is expected to earn $8.27 per share and revenue of $1.52 billion. Credit Suisse: Open-ended growth story Dean Prissman, VP of Internet Equity Research at Credit...
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Market Wrap For January 27: China Concerns, Declining Home Sales, Tomorrow's Fed Meeting and Obama's Speech Keep Markets Lower
Monday, January 27, 2014 - 5:48pm | 2489U.S. stocks picked up where they left off on Friday and declined today as investors have plenty on their mind. With earnings being a mixed bag, investors are looking at emerging markets and economic data to support a bullish case for equities. On the emerging market front, investors remain...
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Deutsche Banks Reports Solid 1Q For ADBE
Wednesday, March 23, 2011 - 8:15am | 112Deutsche Bank has issued a report on Adobe Systems' (NASDAQ: ADBE) sold first quarter. According to Deutsche Bank, "Adobe reported an in-line 1Q11 at $1,028m/$0.58 vs. our $1,032m/$0.58 and consensus of $1,027m/$0.57. CS5 and Acrobat 10 were both up sequentially while the Omniture segment ticked...
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Deutsche Bank Lowers PT On AT&T To $32
Friday, January 28, 2011 - 8:33am | 28Deutsche Bank has lowered the price target on AT&T, Inc. (NYSE: T) from $33 to $32 and maintains its Buy rating.
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Deutsche Bank Positve on O'Reilly Automotive (ORLY)
Monday, June 14, 2010 - 9:16am | 116Deutsche Bank analysts Mike Baker and Adam Sindler increased long term earnings power assumptions on higher sales and margin expectations for O'Reilly Automotive (NASDAQ: ORLY). "They key to our positive outlook on O’Reilly Auto Parts is improving the productivity at acquired stores. We believe...
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Deutsche Bank Sees A Brighter Future for Drug Stocks (MRK, PFE)
Thursday, May 27, 2010 - 11:29am | 221Deutsche Bank analysts sounded a positive note on U.S. pharmaceuticals recently, despite their valuations being back at their historical lows during the 1993-1994 Clinton health care debate. They state that patent cliffs, declining R&D productivity, a weak euro and weak EuroZone economies pose...