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Why Apple Analysts Prefer To Look Past Supply Chain Challenges, Remain Bullish After Q4 Revenue Miss
Friday, October 29, 2021 - 3:22pm | 1172Apple Inc. (NASDAQ: AAPL) shares have come under selling pressure after the company's fourth-quarter revenues missed expectations amid supply chain constraints. The Apple Analysts: Morgan Stanley analyst Katy Huberty maintained an Overweight rating on Apple shares and reduced the price target...
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Palantir Analysts Weigh In On Sustainability Of Q2 Growth
Friday, August 13, 2021 - 11:08am | 717Palantir Technologies Inc. (NYSE: PLTR) reported better-than-expected second-quarter revenue and in-line bottom-line results Thursday. The company also issued upbeat guidance for the third quarter. The Palantir Analysts: RBC Capital Markets analyst Rishi Jaluria assumed coverage of Palantir...
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4 Apple Analysts React To Q3 Earnings: 'We Are Buyers On Any Near-Term Weakness'
Wednesday, July 28, 2021 - 2:56pm | 1086Apple, Inc. (NASDAQ: AAPL) reported solid quarterly results Tuesday, with strength evident across the board. The Apple Analysts: Wedbush analyst Daniel Ives maintained an Outperform rating and $185 price target for Apple shares. Needham analyst Laura Martin maintained a Buy rating and $170 price...
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3 Advance Auto Parts Analysts Break Down Q1 Earnings
Friday, June 4, 2021 - 11:43am | 486Advance Auto Parts (NYSE: AAP) posted a first-quarter beat-and-raise Wednesday. The auto parts retailer reported first-quarter adjusted earnings of $3.34 per share against a $3.08 Street estimate and sales of $3.33 billion, outrunning a $3.28-billion estimate. The company raised its 2021...
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Wendy's Analysts Break Down Q1 Beat: 'Further Upside Exists'
Thursday, May 13, 2021 - 4:08pm | 500Wendy’s Co (NASDAQ: WEN) shares traded higher Thursday after the company reported impressive first-quarter earnings and raised its full-year guidance. For the first quarter, Wendy’s reported adjusted EPS of 20 cents on revenue of $460.2 million. Both numbers exceeded consensus analyst...
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Why Tigress Financial Is Bullish On Verizon, AT&T
Wednesday, March 24, 2021 - 2:44pm | 470Tigress Financial Partners is turning bullish on Verizon Communications Inc. (NYSE: VZ) and staying bullish on its rival AT&T Inc. (NYSE: T). The Verizon, AT&T Analyst: Ivan Feinseth upgraded Verizon from Neutral to Buy and maintained a Buy rating on AT&T's stock. The...
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A Bullish Disney Analyst On What COVID-19 Vaccines Mean For The House Of Mouse
Wednesday, March 17, 2021 - 4:35pm | 271Walt Disney Co (NYSE: DIS) is poised to benefit from continued strong growth in direct-to-consumer streaming and a recovery in travel due to the rollout of COVID-19 vaccines, according to Tigress Financial Partners. The Walt Disney Analyst: Ivan Feinseth reiterated a Buy rating for Walt Disney...
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'Good Fit': Street Reacts To Peloton's $420M Precor Acquisition
Tuesday, December 22, 2020 - 12:45pm | 460Reactions to Peloton Interactive Inc (NASDAQ: PTON) acquiring commercial fitness equipment maker Precor for $420 million are mostly positive. 'Good Fit': Precor makes fitness machines, cardio equipment, strength equipment, and treadmills and reportedly generated $420 million of revenue in...
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Dow, S&P 500 Close At All-Time Highs: What's Next For Stocks Following Coronavirus Vaccine Rally?
Monday, November 16, 2020 - 5:11pm | 520The Dow closed at 29,950.44 while the S&P 500 closed at 3,626.91 after Moderna Inc (NASDAQ: MRNA) said its coronavirus vaccine has been more than 94% effective in preliminary clinical trials. The latest positive vaccine news comes just a week after Pfizer Inc. (NYSE: PFE) said...
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Walt Disney Analysts Bullish As Disney+ Gains Ground On Netflix
Friday, November 13, 2020 - 1:50pm | 653Walt Disney Co (NYSE: DIS) shares gained 2.4% on Friday after the company reported a better-than-expected earnings loss in the third quarter and said its Disney+ streaming service now has more than 73 million paid subscribers. Disney reported an adjusted third-quarter EPS loss of 20 cents, beating...
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Here's How Microsoft Would Benefit From The TikTok Deal
Tuesday, August 4, 2020 - 6:13pm | 481Microsoft Corporation's (NASDAQ: MSFT) potential acquisition of TikTok in the United States could save the popular social media app from being banned, but what's in it for the tech giant? TikTok, which is owned by China-based ByteDance, has faced criticism for potentially gathering data on...
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Can Tesla's Stock Maintain The Magic $1,000 Level?
Wednesday, June 17, 2020 - 5:00pm | 859Despite the skeptics, Tesla Inc (NASDAQ: TSLA) broke above the significant $1,000 price level for the first time in its history this month. The new high further accelerated the bullish optimism surrounding the company. Can Tesla stick the landing? “There continues to be a lot of...
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Why Disney+, Not Netflix, Could Soon Emerge As The No 1. Streaming Service
Thursday, June 11, 2020 - 4:30pm | 472Walt Disney Co. (NYSE: DIS) and Netflix, Inc. (NASDAQ: NFLX) shares are trading lower on Thursday, amid concern that a second wave of the coronavirus could hit the U.S. A second wave means movie theaters and cinemas could take longer to reopen and, in turn, viewers could see more film...
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What Crowdstrike Analysts Are Saying After Q1 Beat: 'A Unique Investment Vehicle'
Wednesday, June 3, 2020 - 12:40pm | 756Cybersecurity company Crowdstrike Holdings Inc (NASDAQ: CRWD) reported first-quarter results Tuesday highlighted by an 89% year-over-year subscription growth, $686 million in annual recurring revenue and improving free cash flow from negative $16.1 million last year to positive $87 million. Here...
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Tesla's Stock And SpaceX Launches: Are Traders Looking For A Connection?
Saturday, May 30, 2020 - 2:21pm | 618Tesla Inc (NASDAQ: TSLA) and SpaceX have CEO Elon Musk in common...and that's just about it. But are some traders using Tesla’s stock as a vehicle to trade or invest in Musk’s privately-owned space exploration company? "In the past, Tesla shares have traded around SpaceX...