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Rocket, Redfin Deal Aims To Create End-To-End Real Estate Solution: Where Does That Leave Zillow?
Monday, March 10, 2025 - 6:33pm | 498Rocket Companies Inc. (NYSE:RKT) announced on Monday it will acquire Redfin Corp. (NASDAQ:RDFN) in a $1.75 billion deal to bring homebuyers an end-to-end, online real estate solution from browsing listings to securing a mortgage. The combined company aims to create a real estate and lending...
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Does Carl Icahn Have A Secret Activist Stake In Allstate? If He Does, Now Is The Time To Strike
Friday, October 21, 2022 - 1:33pm | 582Back in 2021, reports surfaced that famed investor Carl Icahn held a roughly $400-million stake — around 1.2% — in Illinois-based insurer Allstate Corp (NYSE: ALL). Citing people familiar with the matter, the Wall Street Journal reported in May 2021 the billionaire...
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Why This Target Analyst Says Retail Stocks Could Experience 'Upward Bias' In Months Ahead
Friday, April 8, 2022 - 11:54am | 493Target Corporation (NYSE: TGT) shares gained ground Friday after the discount retailer scored an upgrade on Wall Street. The Target Analyst: Gordon Haskett analyst Chuck Grom upgraded Target from Hold to Buy and raised the price target from $255 to $300. Related Link: If You Invested $1,000 In...
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Gordon Haskett's John Inch On Why General Electric Is 'Very Overvalued'
Tuesday, April 13, 2021 - 11:23am | 619General Electric Co (NYSE: GE) shares have rallied 160% in the last 11 months, leading them to become "very overvalued," Gordon Haskett senior analyst John Inch said Tuesday on Benzinga's "PreMarket Prep" show. The problem is with GE being valued at...
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Kohl's Analyst Drops Bear Stance On Vaccine Tailwinds, Activist Presence
Wednesday, November 18, 2020 - 11:54am | 245Kohl's Corporation (NYSE: KSS) announced better-than-expected quarterly results Tuesday, driven mainly by upbeat gross margins. Recent COVID-19 vaccine developments provide tailwinds for the company, according to Gordon Haskett. The Kohl's Analyst: Chuck Grom upgraded Kohl's from...
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Why This Analyst Is More Bullish On Home Depot Than Lowe's
Thursday, November 12, 2020 - 1:13pm | 400Home improvement stocks have been on fire in 2020, but one analyst said Thursday that Home Depot Inc (NYSE: HD) is a better play for investors than Lowe’s Companies Inc (NYSE: LOW) heading into 2021. The Analyst: Gordon Haskett analyst Chuck Grom upgraded Home Depot from Accumulate to Buy and...
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Cheesecake Factory's Sales Recovery Turns Gordon Haskett Bullish
Friday, October 30, 2020 - 12:50pm | 227Cheesecake Factory Inc’s (NASDAQ: CAKE) same-store sales have recovered and come with an improved mix, according to Gordon Haskett. The Cheesecake Factory Analyst: Jeff Farmer upgraded Cheesecake Factory from Hold to Buy with a $38 price target. The Cheesecake Factory Thesis: The...
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4 Reasons Why Gordon Haskett Is Downgrading Kohl's After Earnings
Wednesday, August 19, 2020 - 1:14pm | 356The outlook for Kohl's Corporation (NYSE: KSS) seems particularly uncertain, and traffic trends could remain subdued well into 2021, according to Gordon Haskett. The retailer reported a second-quarter adjusted earnings loss of 25 cents per share Tuesday, beating a Street estimate of an 83-cent-...
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Gordon Haskett Isn't Ordering Up Domino's Pizza Stock Right Now
Friday, February 28, 2020 - 3:50pm | 373Investors may want to reconsider buying Domino's Pizza, Inc.'s (NYSE: DPZ) stock at current levels as shares are trading at its highest valuation in at least four years, according to Gordon Haskett. The Domino's Pizza Analyst Jeff Farmer initiated coverage of Domino's Pizza with a...
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Gordon Haskett Upgrades GE, Says Stock Is Now 'Beat And Raise Story'
Friday, February 7, 2020 - 11:20am | 488General Electric Company (NYSE: GE) is off to a hot start to 2020, and the stock won over another long-time bear on Friday. The GE Analyst Gordon Haskett analyst John Inch upgraded GE from Underperform to Hold and raised his price target from $7 to $11. The GE Thesis Inch said GE appears to be well...
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Gordon Haskett: Is Activist Targeting HP?
Wednesday, October 2, 2019 - 2:47pm | 385Trading volume for shares of HP Inc (NYSE: HPQ) is unusually high in recent days, and Gordon Haskett analyst Don Bilson speculated Wednesday that an activist investor could be targeting the stock. Bilson, who heads event-driven research at the firm, said in a note that a huge spike in recent...
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Costco Defenders Come Out After Stock Downgrade
Friday, September 20, 2019 - 11:52am | 677Bernstein analyst Brandon Fletcher presented "compelling" evidence to support his downgrade of Costco Wholesale Corporation (NASDAQ: COST), but the analyst may have overlooked one major aspect of the business, according to CNBC's Jim Cramer. Cramer: Costco Has Final Say In Its Destiny...
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GE Will No Longer Be Baker Hughes Majority Owner
Wednesday, September 11, 2019 - 8:35am | 435General Electric Company (NYSE: GE) said Tuesday afternoon it will cease a majority interest in Baker Hughes A GE Co (NYSE: BHGE). What Happened GE's ownership stake of Baker Hughes stands at around 522 million shares, or 50.4% of the company. GE will sell up to 120.75 million...
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Citi: General Electric's Recovery 'Could Be More Significant' Than Investors Realize
Wednesday, September 4, 2019 - 12:25pm | 584General Electric Company (NYSE: GE) shares traded higher by another 4.5% on Wednesday after yet another analyst had good things to say about the stock. Citi analyst Andrew Kaplowitz reiterated his Buy rating for GE. The Thesis After meeting with General Electric CEO Larry Culp, Kaplowitz said he is...
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Analysts Speak Up On GE's Solid Quarter
Thursday, August 1, 2019 - 10:54am | 616General Electric Co (NYSE: GE) shares closed nearly flat in a volatile session on Wednesday after the struggling industrial giant reported an encouraging quarter. GE beat consensus earnings and revenue expectations and raised its 2019 industrial free cash flow guidance to a new range of between...