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Oracle Faces Uncertain Macro Outlook In 2023, 3 Analysts' Takeaways On FQ2 Print
Tuesday, December 13, 2022 - 12:05pm | 483Oracle Corp (NYSE: ORCL) shares traded higher on Tuesday, after the Austin, Texas-based company reported its fiscal second-quarter results. Piper Sandler analyst Brent Bracelin maintained a Neutral rating, while raising the price target from $75 to $85. JMP Securities analyst Patrick Walravens...
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Beauty Is Pain To The Pocketbook: Ulta Posts Q3 Earnings Beat, Raises Prices And Outlook
Friday, December 2, 2022 - 1:11pm | 539Ulta Beauty Inc (NASDAQ: ULTA) raised its outlook and beat analyst expectations for quarterly earnings and sales as consumers continue to restock their makeup bags despite paying more for products. The cosmetics company paid $5.34 per share, on revenues of $2.34 billion, ahead of the expected $4.15...
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8 Zscaler Analysts Offer Their Takes On Q3 Print: Why The Company May 'Need To Tread Carefully Throughout FY23'
Friday, December 2, 2022 - 11:15am | 871Zscaler Inc.’s (NASDAQ: ZS) shares traded higher in the after-hours session on Thursday, following the company’s fiscal first-quarter print. Zscaler reported revenues of $355.55 million and earnings of 29 cents per share, with both matrices topping consensus estimates. Stephens On...
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Why These 3 Foot Locker Analysts Are More Excited About New CEO Than Q2 Results
Monday, August 22, 2022 - 10:32am | 547Shares of Foot Locker, Inc. (NYSE: FL) climbed on Friday, after the company reported better-than-expected earnings for the second quarter and announced that former CEO of Ulta Beauty Inc (NASDAQ: ULTA) Mary N. Dillon will replace its current CEO, effective September 1, 2022. Guggenheim Securities...
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Square's Recent Weakness Is An Investor's Chance To Buy Stock, Says Analyst
Thursday, February 25, 2021 - 1:53pm | 449A day after Square Inc (NYSE: SQ) reported its fourth-quarter results and announced the purchase of $170 million worth of Bitcoin (CRYPTO: BTC), an analyst at Guggenheim Securities upgraded the shares of the payment processor. The Square Analyst: Jeff Cantwell upgraded Square shares from Neutral...
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Amneal Analyst: Pharma Well-Positioned Ahead Of 2021 Generic Launches
Monday, December 14, 2020 - 3:45pm | 379As part of its outlook for biopharma companies in 2021, Guggenheim Securities turned bullish on Amneal Pharmaceuticals Inc (NYSE: AMRX). The Amneal Analyst: Dana Flanders upgraded Amneal from Neutral to Buy with a $5.50 price target. The Amneal Thesis: Revenue and margin...
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Bristol-Myers Squibb Analyst Sees Multiple Expansion Story, Limited Near-Term Downside Risk
Monday, October 19, 2020 - 3:24pm | 406An analyst at Guggenheim Securities turned bullish on pharma giant Bristol-Myers Squibb Co (NYSE: BMY) Monday, basing their optimism on a revival in sales of its flagship immuno-oncology drug Opdivo. The Bristol-Myers Squibb Analyst: Analyst Seamus Fernandez upgraded Bristol-Myers Squibb...
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Arvinas TPD Therapies Have Great Potential, Guggenheim Says In Bullish Initiation
Monday, November 25, 2019 - 12:40pm | 379Arvinas Inc (NASDAQ: ARVN) shares have been on a tear ever since the company issued a platform update in late October. The Analyst Guggenheim Securities analyst Michael Schmidt initiated coverage of Arvinas with a Buy rating and $50 price target. The Thesis Arvinas, a small-cap, early...
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Guggenheim Downgrades Western Union After Rally
Tuesday, November 12, 2019 - 1:48pm | 324Shares of The Western Union Company (NYSE: WU) rallied 25% after the company reported strong third-quarter earnings and hosted a positive investor day Sept. 24. While the company’s long-term revenue and earnings growth outlook have improved, its near-term prospects remain unchanged,...
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Krystal Biotech Analyst Lifts Price Target More Than 50% On Positive Phase 2 Data, RMAT Designation
Tuesday, June 25, 2019 - 1:15pm | 406Krystal Biotech Inc (NASDAQ: KRYS) announced positive Phase 2 data for KB103 Monday and said the gene therapy received the Regenerative Medicine Advanced Therapy designation from the FDA. The Phase 2 results are close to a “best-case scenario”, according to Guggenheim Securities....
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PagSeguro's New Products Turn Guggenheim Bullish
Thursday, May 16, 2019 - 11:21am | 398PagSeguro Digital Ltd (NYSE: PAGS) announced a major product expansion Tuesday in financial services. It's a sign of the company’s rapid transformation into a full-fledged acquiring and financial services platform and significantly boosts PagSeguro's long-term top- and...
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Guggenheim Securities Raises 8x8 Price Target On Improving Metrics
Wednesday, May 15, 2019 - 3:18pm | 3698x8, Inc. (NYSE: EGHT) reported mixed fourth-quarter results Tuesday. Although metrics are trending up, the cloud communications company has taken a conservative approach to guidance, which could keep the stock rangebound in the near term, according to Guggenheim Securities. The Analyst Nandan...
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Roku's Q1 Inspires 23% Stock Pop, Higher Price Targets Across The Board
Thursday, May 9, 2019 - 12:00pm | 872Analysts across the Street upped their valuations of Roku Inc (NASDAQ: ROKU) to accommodate a post-earnings surge. Roku reported first-quarter revenue of $206.7 million and a loss per share of 9 cents against consensus estimates of $191.97 million and 25 cents, respectively. Management also...
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Guggenheim Downgrades GreenSky After Underwhelming Q1, Says Positives Are Baked Into Stock
Wednesday, May 8, 2019 - 9:38am | 375GreenSky Inc (NASDAQ: GSKY) reported disappointing first-quarter revenue Tuesday on softer-than-expected transaction volumes. Although the company’s underlying business momentum is good, it's already reflected in the stock following a rally year-to-date, according to Guggenheim Securities...
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Guggenheim: Fiserv's Q1 Results Indicate Strong Business Momentum
Wednesday, May 1, 2019 - 10:39am | 397Fiserv Inc (NASDAQ: FISV) reported higher-than-expected first-quarter results Tuesday, with healthy internal revenue growth. The investor focus is likely to remain on the merger with First Data Corporation (NYSE: FDC) deal, and the fact that First Data reported a strong first quarter...