FBN Securities

Dell Technologies Inc (NYSE: DVMT) announced Monday the conclusion of strategic review and an agreement to exchange Class V tracking stock for Dell Technologies Class C common stock or an optional cash election. The Class C shares will be listed on the NYSE, making Dell a public company yet again...

Heading into its Wednesday earnings report, Facebook Inc (NASDAQ: FB) is decidedly well liked. The firm’s 42 Buy ratings are tempered by just two Sells and one Hold, according to TipRanks, which records an average price target of $191.33 with a range of $98 to $235. Recent trends back the...

Although Tesla Motors Inc (NASDAQ: TSLA) marginally missed revenue expectations for Q3, earnings came in significantly ahead, driven mostly by opex management. FBN Securities’ Shebly Seyrafi retained an Outperform rating with a $260 price target. Tesla reported deliveries at 24,807,...

FBN Securities views the risk-reward profile of AMC Networks Inc (NASDAQ: AMCX) as highly skewed in favor of investors, given the valuation of the shares of the company. The firm's fair value calculation of the shares is $66.24, representing a 32.2 percent upside. Attractive Valuation Robert Routh...

FBN Securities sees Liberty Media Group (NASDAQ: LMCA)'s Formula One deal as a game changer, given the $33.68 fair value for the company's shares, which is 17.54 percent above its current weighted average level. Catalyst The firm noted that Liberty Media announced its decision to buy Formula One...

FBN Securities has adjusted its fair value on the shares of Vonage Holdings Corp. (NYSE: VG), saying the recent IPO of Twilio Inc (NYSE: TWLO) suggests Vonage is undervalued. "Here we note it seems to us that either shares of TWLO are being materially overvalued by the market or shares of Vonage...

The risk going forward for World Wrestling Entertainment, Inc. (NYSE: WWE) is estimating WWE Network churn once the 30-day free trial ends, according to FBN Securities analyst Robert Routh. Routh, who has an Outperform rating on WWE shares, noted that the company's most popular event WrestleMania...

Shares of GoPro Inc (NASDAQ: GPRO) are under pressure on Thursday after the high-definition camera maker released weaker-than-expected fourth quarter guidance and stated that it would cut 7 percent of its workforce. Shares were trading down about 16 percent and have been on a downtrend since...

FBN Securities came out with a note on World Wrestling Entertainment, Inc. (NYSE: WWE) on Thursday. The firm initiated coverage on the stock with an Outperform rating with fair value of $25.11 per share, which represented 32.6 percent upside from Wednesday's closing price. FBN said, "In...

Tesla Motors Inc (NASDAQ: TSLA) is scheduled to report its second-quarter results after Wednesday's market close. The Estimize community is projecting the company to lose $0.50 per share on revenue of $1.166 billion. This compares to the Wall Street consensus estimate calling for a loss of $0...

In a report published Friday, FBN Securities analyst Shebly Seyrafi downgraded the rating on EMC Corporation (NYSE: EMC) from Outperform to Sector Perform, while reducing the price target from $30 to $27, citing weak storage checks, stiffening competition and adverse FX impact on FQ1. In the...

FBN Securities is out with a massively bullish note on GoPro Inc (NASDAQ: GPRO) on Wednesday morning, arguing that the stock is "very attractive" at $42. The analysts reiterated their Outperform and $75 price target. In the note, FBN debunked the concerns around the Xiaomi Yi camera,...