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Christmas Channel Checks Paint Lululemon A Loser, American Eagle A Winner, Analyst Says
Monday, December 28, 2015 - 10:08am | 495Read More...Shares of Lululemon Athletica inc. (NASDAQ: LULU) are up 1 percent in the last three months, while American Eagle Outfitters (NYSE: AEO) shares have lost 3 percent. FBR’s Susan Anderson maintained an Outperform rating on American Eagle and an Underperform rating on lululemon. A...
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Here's What The Street Thinks Of Disney After 'Star Wars' Record-Breaking Weekend
Monday, December 21, 2015 - 1:44pm | 371Read More...Walt Disney Co (NYSE: DIS) rose more than 1.2 percent on Monday morning, after news came out that "Star Wars: The Force Awakens" grossed $238 million at the weekend's domestic box office -- the largest opening in history. Analysts at Bank of America Merrill Lynch maintained their...
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Wall Street's Take On The Pandora Copyright Ruling
Thursday, December 17, 2015 - 1:44pm | 441Read More...Wednesday’s CRB ruling has sent Pandora Media Inc (NYSE: P) shares surging. The market and Wall Street seem to universally view the decision as favorable for Pandora. However, Wall Street remains mixed on the outlook for Pandora’s stock. The long-awaited Copyright Royalty...
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Wall Street's Reaction To Oracle's Q2 Ranges From Cautious To Optimistic
Thursday, December 17, 2015 - 11:09am | 1028Read More...Shares of Oracle Corporation (NYSE: ORCL) were trading lower by more than 3.5 percent Thursday following the company's second quarter print on Wednesday. Oracle earned $0.63 per share on revenue of $9 billion. Wall Street analysts were looking for an earnings per share of $0.60 on...
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Ives: Apple Should Consider Adding GoPro To Its Portfolio
Thursday, December 10, 2015 - 5:23pm | 311Read More...Talks of Apple Inc. (NASDAQ: AAPL) considering to acquire GoPro Inc (NASDAQ: GPRO) has been an added bonus to GoPro shares soaring 13 percent on Thursday. GoPro's market capitalization is now at $2.6 billion. Just earlier this week, the company launched a new Amazon.com channel to...
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Is Marvell Technology Un-Investible? Here's Why FBR Thinks So
Thursday, December 10, 2015 - 10:57am | 281Read More...Shares of Marvell Technology Group Ltd. (NASDAQ: MRVL) have been trending south in 2015 and are down 47 percent year-to-date. FBR’s Christopher Rolland maintained a Market Perform rating on the company, with a price target of $11. In the absence of an auditor, the company’s...
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FBR Believes Palo Alto Remains 'The Clear Winner In Cybersecurity' Into 2016
Thursday, December 3, 2015 - 2:35pm | 291Read More...In a report issued Thursday, FBR analyst Daniel H. Ives reiterated an Outperform rating on Palo Alto Networks Inc (NYSE: PANW), raising his price target by $25 to $235. The firm also added the stock to its list of Top Picks. FBR sees substantial multiple expansion ahead, as the Street...
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The Game Has Changed: 10 Tech M&A Ideas That Could Happen In 2016
Thursday, December 3, 2015 - 12:55pm | 536Read More...2015 has been an unprecedented year of merger and acquisition activity. Back in September, CNBC noted that "Globally, M&A activity has reached a value of $3.24 trillion year-to-date, just shy of the record $3.43 trillion reached by this point in 2007." According to Dealogic, M...
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Prima BioMed Shares Rally Following New Outperform Rating, $6 Target At FBR
Thursday, December 3, 2015 - 10:09am | 270Read More...Shares of Prima BioMed Ltd (ADR) (NASDAQ: PNMD) are up 61 percent year-to-date, but still significantly below their 52-week high of $6.48. FBR’s Vernon T. Bernardino initiated coverage of the company with an Outperform rating and a price target of $6. The company has made...
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FBR Hikes Peak Resorts Estimates Across The Board On Hunter Mountain Acquisition, Says IPO Story Now Validated
Wednesday, December 2, 2015 - 11:04am | 312Read More...Shares of Peak Resorts Inc (NASDAQ: SKIS) are up 8 percent year-to-date, but dropped below the $7 mark several times during the period. FBR’s Barton Crockett maintained an Outperform rating on the company, while raising the price target from $10 to $11. The acquisition of Hunter...
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Why Lions Gate Has M&A Potential With Starz, Others
Monday, November 30, 2015 - 2:59pm | 428Read More...FBR has reduced its earnings estimates and price target for Lions Gate Entertainment Corp. (USA) (NYSE: LGF). The firm now projects $300 million in domestic box office for “Mockingjay 2.” FBR expects that Lions Gate will continue to be active in the M&A market. In a new report,...
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FBR Downgrades Lululemon, Sees 20% Downside
Monday, November 30, 2015 - 1:31pm | 308Read More...In a report issued Monday, FBR analyst Susan Anderson downgraded shares of Lululemon Athletica inc. (NASDAQ: LULU) to Underperform. Anderson trimmed her price target from $55 to $42. The new target implies a ~20 percent potential downside from the stock’s latest closing price of $52.50...
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Black Friday Sales Of The Apple Watch Could Be A Barometer For Apple's Growth This Holiday Season
Monday, November 30, 2015 - 12:20pm | 214Read More...FBR & Co. issued a report on Apple Inc. (NASDAQ: AAPL) after reports of strong sales of the Apple Watch heading into the holiday season. The firm maintained Apple's Outperform rating. Analyst Daniel Ives wrote, "We ultimately believe that an uptick in sales/ interest in the Apple...
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What Are Wall Street's Top Analysts Saying About Cisco Before Thursday's Results?
Thursday, November 12, 2015 - 3:09pm | 1116Read More...Shares of Cisco Systems, Inc. (NASDAQ: CSCO) are nearly flat over the past three months, but are higher by more than 11 percent over the past year. Cisco is scheduled to report its first quarter 2016 (October ending) results after Thursday's market close. Wall Street analysts are mostly mixed...
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5 Reasons To Own Apple Heading Into 2016
Monday, November 9, 2015 - 11:47am | 467Read More...Apple Inc. (NASDAQ: AAPL) shares are down 5 percent in the last six months, amid significant volatility. FBR & Co’s Daniel H. Ives maintained an Outperform rating on the company, with a price target of $175. Ives mentioned five predictions that could propel Apple's growth...
