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Fintech Stock Plunges 15% In A Day Amid SVB Fallout — Analyst Says Time To Buy
Monday, March 13, 2023 - 7:00am | 494Bill Holdings Inc. (NYSE: BILL), a cloud-based software company that automates back-office operations of small and mid-size businesses, disclosed over the weekend exposure to the Silicon Valley Bank owned by SVB Financial Group (NASDAQ: SIVB). The Bill.com Analyst: CANACCORD Genuity analyst...
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4 Block Analysts Offer Q4 Print Insights: Solid Results, Encouraging Profit Metrics
Friday, February 24, 2023 - 10:47am | 503Shares of Block Inc (NYSE: SQ) climbed during Friday’s premarket session on fourth-quarter results. Canaccord Genuity analyst Joseph Vafi reiterated a Buy rating and price target of $150. Needham analyst Mayank Tandon maintained a Buy rating, while raising the price target from $80 to $95....
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PayPal Shows Progress Being Made For Growth, Could Have EPS Upside With Conservative Guidance: What 7 Analysts Are Saying
Friday, February 10, 2023 - 2:00pm | 1027Digital payments company PayPal Holdings (NASDAQ: PYPL) reported fourth-quarter financial results after market close on Thursday. Here’s what analysts are saying about the company’s results and guidance. The PayPal Analysts: Needham analyst Mayank Tandon had a Hold rating on PayPal...
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Bitcoin-Linked Stock Silvegate Sees Price Target Slashed By 83% At Canaccord: Why Analyst Still Sees Upside
Friday, January 6, 2023 - 9:07am | 579Canaccord Genuity has lowered the price target for Silvergate Capital (NYSE: SI), citing its trade at a discount to book value. This comes after the bank released preliminary fourth-quarter results that showed a significant drop in customer deposits. The Analysis: The...
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Coinbase Customers Are 'HODLing' While Company Cuts Costs: What 5 Analysts Are Saying After Q3 Earnings
Friday, November 4, 2022 - 1:39pm | 664Analysts are reacting to the third-quarter earnings report from Coinbase Global (NASDAQ: COIN). Here's the latest on what the company's user base and focus on costs mean for shares. The Coinbase Analysts: JMP Securities analyst Devin Ryan has an Outperform rating on Coinbase with a $...
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3 Bitcoin, Fintech Plays That Can 2x From Current Levels? Why This Analyst Is Bullish On Block, Coinbase, PayPal
Friday, November 4, 2022 - 10:10am | 899Payment processors Block Inc. (NYSE: SQ) and PayPal Holdings Inc. (NASDAQ: PYPL) and cryptocurrency exchange Coinbase Global Inc. (NYSE: COIN) announced their quarterly results late on Thursday. What Happened: CANACCORD Genuity analyst Joseph Vafi maintained a Buy rating and $150 price...
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'Most Streamlined Play' To Invest In Bitcoin Via Equity Markets: Analyst Predicts 44% Upside For MicroStrategy Stock
Wednesday, November 2, 2022 - 6:38am | 503Canaccord Genuity analyst Joseph Vafi said MicroStrategy Incorporated (NASDAQ:MSTR) remained the "most streamlined play" when it came to hamstrung equity investors gaining exposure to Bitcoin (CRYPTO: BTC). See Also: Best Cryptocurrencies Under 1 Cent The MicroStrategy Analyst: Vafi...
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Why This Argo Blockchain Analyst Is No Longer Bullish
Tuesday, November 1, 2022 - 12:57pm | 488The lower price of Bitcoin (CRYPTO: BTC) and increased mining costs have weighed on mining stocks including Argo Blockchain PLC - ADR (NYSE: ARBK). Here's why an analyst downgraded shares until more clarity is reached. The Argo Blockchain Analyst: Canaccord Genuity analyst Joseph...
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Ethereum Is 'Blue Chip Blockchain,' Could See Significant Value Boost: Canaccord Analysts
Friday, September 9, 2022 - 7:05am | 866Cryptocurrency Ethereum (CRYPTO: ETH) and the smart contract ecosystem were sized up by Canaccord Genuity in a new note. Here’s a look at where analysts Michael Graham and Joseph Vafi see future value in them. Fifth Wave Of Computing: Web1...
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8 Coupa Software Analysts Weigh In After Stock Spikes Following Upbeat Q2 Results
Wednesday, September 7, 2022 - 2:32pm | 856Shares of Coupa Software Inc (NASDAQ: COUP) spiked in Tuesday's after-hours session, after the company reported upbeat financial results and announced a $100 million buyback. Wells Fargo On Coupa Software Analyst Michael Turrin maintained an Equal-Weight rating, while reducing the price target...
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PayPal Earnings Preview: Will PayPal's Q2 Pay Off Despite Macroeconomic Uncertainty?
Tuesday, August 2, 2022 - 9:10am | 815PayPal Inc. (NASDAQ: PYPL) stock has been on a secular downtrend since July 2021 and it has plummeted about 71% from its all-time high of $310.16 on July 26, 2021. The improvement in the pandemic situation, which allowed people to shop at physical stores, and former parent eBay Inc.’s (NASDAQ...
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Crypto Analyst Still Bullish On Bitcoin Miners, Names 4 Top Stock Picks
Tuesday, June 21, 2022 - 2:11pm | 497Plummeting cryptocurrency prices have made life difficult for Bitcoin (CRYPTO: BTC) miners in 2022, but Canaccord Genuity analyst Joseph Vafi said Monday that he maintains his bullish long-term outlook for crypto miners Argo Blockchain ADR (NASDAQ: ARBK), HIVE Blockchain Technologies Ltd (NASDAQ:...
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Canaccord Genuity Upgrades PayPal, Downgrades Square
Thursday, September 12, 2019 - 11:50am | 433There have been plenty of headlines in the digital payments space of late, and one analyst has adjusted his ratings on two of the leading payments stocks. The Analyst Canaccord Genuity analyst Joseph Vafi downgraded Square Inc (NYSE: SQ) from Buy to Hold and lowered his price target from $88 to $64...
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Loop Capital: CACI International Shares Are Attractive With Or Without CSRA Deal
Tuesday, March 20, 2018 - 2:52pm | 415CACI INTERNATIONAL INC Common Stock (NYSE: CACI) announced a $44-per-share cash and stock offer for CSRA Inc (NYSE: CSRA), trumping the $40.75-per-share all-cash deal the latter agreed to with General Dynamics Corporation (NYSE: GD) in February. The Analyst Loop Capital Markets analyst...
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CACI Has Just Too Much EPS Despite Revenue Headwinds; Loop Upgrades
Thursday, February 1, 2018 - 4:23pm | 371Information services and solutions company CACI International Inc (NYSE: CACI) announced fiscal 2018 second quarter results Wednesday, showing 2.9 percent revenue growth to $1.09 billion and above-consensus non-GAAP earnings of $2 per share. The Analyst Loop Capital Markets analyst Joseph Vafi...