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Why Snap Shares Are Trending Higher Monday
Monday, December 18, 2023 - 1:13pm | 325Snap Inc. (NYSE: SNAP) shares are trading higher on Monday after Guggenheim upgraded the stock. Here's what investors need to know. The Snap Analyst: Guggenheim analyst Michael Morris upgraded Snap from Neutral to Buy and raised the price target from $9 to $23....
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Grunt Work No-More? Wokelo.AI Streamlines Due Diligence, Cut Costs, Automates 40% Of Tasks
Monday, December 11, 2023 - 10:50am | 537When you're a young professional navigating the world of investment banking or private equity, the early days are typically filled with tedious tasks. “Climbing the ranks, we found ourselves immersed in research, modeling, and the tedious formatting of slides,” shared Wokelo AI...
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ESPN Bet Launches In 17 States, Offers $200 In Bonus Bets: Could Competition Spell Trouble For DraftKings?
Thursday, November 16, 2023 - 1:15pm | 1024Online sports betting company DraftKings Inc (NASDAQ:DKNG) has been a sector leader since it first launched. Its recent quarterly financial results showed strong growth and raised guidance. A highly anticipated sportsbook competitor could be something to watch for DraftKings investors. What...
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Netflix Rallies Off Q3 Earnings: 8 Analysts On Future Price Increases, Ad-Supported Plans And More
Thursday, October 19, 2023 - 1:32pm | 1151Streaming giant Netflix Inc (NASDAQ: NFLX) reported third-quarter financial results after the market close Wednesday. Shares of the streaming company are soaring Thursday after the report. Here’s a look at what Netflix analysts are saying about the report and the company's future. ...
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Tesla Sized Up By 9 Analysts After Q3 Earnings: 'Mini Disaster' Conference Call, First Bad Miss In Some Time, A Win For The Bears
Thursday, October 19, 2023 - 12:12pm | 1598Electric vehicle leader Tesla Inc (NASDAQ: TSLA) reported third quarter financial results after market close Wednesday. The company reported revenue and earnings per share that both missed estimates from analysts for the quarter. Here’s a look at what analysts are saying after the recent...
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4 Reasons Why This Ralph Lauren Analyst Is Bullish: 'Lower Cotton, Freight Expenses'
Monday, September 18, 2023 - 11:45am | 297Shares of Ralph Lauren Corp (NYSE: RL) Monday continued their upward trajectory, after the spike on Friday last week. The company added around 1.3 million new consumers every quarter to its DTC channel over the past couple of years and the rapid growth continues, according to Guggenheim. The Ralph...
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5 Analysts Mixed On Meta Platforms: Post-Q2 Valuation Boost, AI Growth, But Concerns Over 2023 Share Gains, Spending
Thursday, July 27, 2023 - 11:02am | 873Analysts are sizing up the second quarter financial results reported by Meta Platforms (NASDAQ: META) after market close Wednesday, including the impact of artificial intelligence initiatives and the recent launch of Threads. The Meta Platforms Analysts: Morgan Stanley analyst Brian Nowak has an...
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Netflix Q2 Earnings Preview: Earnings Estimates, Analyst Predictions And Key Concerns Like The Hollywood Strike
Tuesday, July 18, 2023 - 12:24pm | 937Streaming giant Netflix Inc (NASDAQ: NFLX) is set to report second-quarter financial results after market close Wednesday, July 19. Here’s a look at what analysts expect from the company that was just nominated for 103 Emmy Awards. Earnings Estimates: For the second quarter, Netflix is...
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Tesla Rallies Off Q4 Earnings: This Item 'Was All Bulls Needed To Hear,' Analyst Says
Thursday, January 26, 2023 - 12:20pm | 802Electric vehicle giant Tesla Inc (NASDAQ: TSLA) beat analyst estimates for both revenue and earnings per share in the fourth quarter. Here's what the Street has to say Thursday about the quarterly print. The Tesla Analysts: Bernstein analyst Toni Sacconaghi has an Underperform rating...
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9 Nike Analysts On Q2 Earnings Beat, Improving Inventory Trends, China: 'Decidedly Upbeat'
Wednesday, December 21, 2022 - 12:58pm | 898Nike Inc (NYSE: NKE) shares rallied Wednesday morning after the company reported shrinking margins but said inventory levels have improved slightly on a quarterly basis. Nike reported fiscal second-quarter adjusted EPS of 85 cents on revenue of $13.32 billion. Both numbers missed consensus analyst...
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Failure Of This Merck Study Is A 'Material Risk' But Analysts Are 'Extremely Bullish'
Monday, October 10, 2022 - 10:39am | 237Merck & Co. Inc. (NYSE: MRK) seems well positioned to surpass 2023 consensus estimates, driven by margin potential, according to Guggenheim. The Analyst: Seamus Fernandez upgraded the rating for Merck from Neutral to Buy, while establishing a price target of $104. The Thesis: The company’...
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5 Kohl's Analysts On Bloated Inventory, Guidance Cut: 'Fundamentals Are Likely To Get Worse'
Friday, August 19, 2022 - 4:37pm | 550Kohl's Corporation (NYSE: KSS) shares are down 4% on Friday after the company cut its guidance and said inflation is eating into its sales growth. On Thursday, Kohl's reported second-quarter adjusted EPS of $1.11 on $4.09 billion. Both numbers exceeded consensus analyst estimates of $1.30...
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Why This Teladoc Health Analyst Expects 25%-30% Revenue Growth
Thursday, April 7, 2022 - 12:30pm | 198Teladoc Health Inc (NYSE: TDOC) is a market leader in digital services, and the breadth of its services is unmatched, according to Guggenheim. The Teladoc Health Analyst: Sandy Draper initiated coverage of Teladoc Health with a Buy rating and $96 price target. The Teladoc Health Takeaways: The...
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Pinterest's Stock Continues On Downward Spiral: What's Next?
Tuesday, January 4, 2022 - 6:48pm | 351Pinterest Inc (NYSE: PINS) shares traded lower Tuesday following a downgrade from Guggenheim. Analyst Michael Morris downgraded the stock from a Buy to a Neutral rating and lowered the price target from $46 to $39. This pushed Pinterest further below a technical channel it traded in. Pinterest...
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Guggenheim CIO Scott Minerd Regrets Not Investing In Shiba Inu: 'I Wish I'd Invested $100,000'
Thursday, October 21, 2021 - 10:20am | 433Scott Minerd, the chief investment officer at Guggenheim Partners, revealed that he regrets missing out on the Shiba Inu (CRYPTO: SHIB) rally. What Happened: In a recent interview with CNBC at the Milken Institute Global Conference, Minerd said he wished he had invested $100,000 in the meme-...