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Fintech Focus For July 7, 2020
Tuesday, July 7, 2020 - 10:19am | 1668Daily Perspective: Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma - which is living with the result of other people’s thinking. - Steve Jobs Fintech Movers: On March 1, 8% of U.S. Square sellers were effectively cashless; 54...
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Sell-Side Likes Peloton's Winning First Quarter As Public Company
Wednesday, November 6, 2019 - 1:55pm | 400Peloton Interactive Inc (NASDAQ: PTON) saw stronger results than expected in nearly every metric in the connected fitness bike provider's first quarter as a public company, keeping sell-side analysts along for the ride. The Analysts JMP's Ronald Josey reiterated a Market Outperform rating...
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GrubHub Analysts Debate If Investors Should Buy The 40% Plunge
Tuesday, October 29, 2019 - 1:10pm | 575Food delivery company GrubHub Inc (NYSE: GRUB) reported disappointing third-quarter results amid lower order frequency, retention and loyalty rates among active customers. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts JMP analyst Ronald Josey...
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This Analyst Thinks Guidewire Needs To Work Through Near-Term Changes
Friday, September 6, 2019 - 2:47pm | 372Software provider to the P&C insurance industry company Guidewire Software Inc (NYSE: GWRE) reported Thursday fiscal fourth-quarter results which were better than expected but management's guidance disappointed, according to JMP. The Analyst JMP analyst Patrick Walravens maintains a Market...
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Sell-Side: Short-Term Pain For Long-Term Gain With Palo Alto Networks
Thursday, September 5, 2019 - 1:00pm | 707Shares of Palo Alto Networks Inc (NYSE: PANW) continued to rebound with investors and sell-side analysts seeing long-term upside amid a shift to cloud security that outweighs weaker near-term guidance. The stock initially dropped after the fourth-quarter print despite results that beat Street...
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Sell-Side Bullish On Uber As Quiet Period Ends
Tuesday, June 4, 2019 - 11:16am | 537More than a dozen sell-side analysts issued Buy recommendations Tuesday for Uber Technologies Inc. (NYSE: UBER) as the waiting period on rating the stock expired for banks that worked on its recent IPO. “Uber is a transformational company that should benefit from secular shifts to the sharing...
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A Pair Of Analysts Cut Tesla Price Targets Ahead Of Q1 Deliveries
Monday, March 25, 2019 - 9:32am | 354Tesla, Inc. (NASDAQ: TSLA) received more bad news Monday when a pair of analysts became the latest to lower price targets for the struggling stock. The Analysts RBC analyst Joseph Spak reiterated his Underperform rating and cut his price target from $245 to $210. JMP analyst Joseph Osha reiterated...
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Analysts Say Oracle's Outlook Is Uncertain Following Earnings Beat
Friday, March 15, 2019 - 11:10am | 900Oracle Corporation (NYSE: ORCL) shares dropped Friday morning despite the company reporting a fiscal third-quarter earnings beat and providing fourth-quarter guidance that exceeded Wall Street’s expectations. Investors may be concerned about the company’s revenue numbers, which were...
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Analyst Upgrades First Solar On Valuation
Friday, October 26, 2018 - 1:23pm | 319Shares of First Solar Inc. (NASDAQ: FSLR) have fallen roughly 35 percent since May. That sell-off accelerated this week after the company cut sales guidance following earnings data. The Analyst JMP analyst Joseph Osha upgraded First Solar from Market Underperform to Market Perform and did not...
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JMP Upgrades KB Home After Q3 Print
Wednesday, September 26, 2018 - 12:10pm | 351KB Home (NYSE: KBH) has strong positioning in key growth markets and is showing ongoing gross margin expansion, according to JMP Securities. The Analyst Analyst Peter Martin upgraded KB Home from Market Perform to Market Outperform and established a $30 price target. The Thesis KB Home...
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What Wall Street Thinks Of Cisco's Q4 Earnings
Thursday, August 16, 2018 - 12:45pm | 411Cisco Systems, Inc. (NASDAQ: CSCO) stock traded higher by 3.9 percent Thursday after the company topped market expectations in the fourth quarter. Several Wall Street analysts weighed in on Cisco stock following the earnings report. Here’s a rundown of what they had to say. Under-The-Radar...
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Nutanix Shares Whipsaw On Poor Earnings, Positive Analysts
Friday, May 25, 2018 - 12:23pm | 494Nutanix Inc (NASDAQ: NTNX) shares plummeted over 7 percent at one point during Thursday’s after-hours session following a third-quarter earnings miss. The company announced Q4 EPS guidance below consensus estimates despite sales guidance that beat expectations. Shares of Nutanix were...
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Analysts Initiate Coverage Of DocuSign Following IPO Quiet Period
Tuesday, May 22, 2018 - 2:53pm | 456The quiet period following the IPO Docusign Inc (NASDAQ: DOCU) has ended, and several Wall Street analysts have weighed in on the stock. Here’s a rundown of what they’ve had to say. Voices From The Street Citi analyst Walter Prichard said DocuSign is a potential SaaS market leader....
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Dropbox Quiet Period Expires And Analysts Speak Up
Tuesday, April 17, 2018 - 3:00pm | 578The analyst quiet period on Dropbox Inc. (NASDAQ: DBX) is over, and several sell-side firms initiated coverage of the newly public stock this week. Here’s an overview of what Wall Street thinks of the cloud storage giant. Voices From The Street D.A. Davidson analyst Rishi Jaluria said...
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Alphabet's Q2 Earnings Sell-Side Roundup
Tuesday, July 25, 2017 - 3:45pm | 789Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares dropped 3 percent on Tuesday after the company’s second-quarter earnings report disappointed the market. A number of Wall Street analysts weighed in on Google following the report. Here’s a rundown of what they had to say. Voices From...