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Coinbase Stock Analyst With $600 Price Target Says It Hinges On Bitcoin
Friday, April 16, 2021 - 10:59am | 393MoffettNathanson analyst Lisa Ellis made headlines this week after placing a $600 price target on Coinbase Global Inc (NASDAQ: COIN) and calling the stock a "must-own" for long-term investors. Some may be underestimating how difficult it is to do what Coinbase is doing,...
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Coinbase Headed To $600 — Why Analyst Sees Crypto Exchange As 'Must-Own Stock' For Growth, Tech Buyers
Thursday, April 15, 2021 - 3:59am | 557An analyst described shares of Coinbase Global Inc (NASDAQ: COIN) as a “must-own” ahead of the cryptocurrency exchange’s record direct listing Wednesday. What Happened: MoffettNathanson analyst Lisa Ellis told Yahoo! Finance the shares of Coinbase could touch the $600...
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Analysts On IBM: Solid Growth, But Cloud Is A Weak Spot
Thursday, July 18, 2019 - 2:34pm | 480IBM (NYSE: IBM) reported second-quarter results, which one analyst praised for showing growth in important areas while another said cloud revenue was a "real weak spot." The Analysts KeyBanc's Arvind Ramnani maintains at Sector Weight. Morgan Stanley's Katy Huberty doesn'...
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Bernstein: 10 Disruptive Forces In Payments For 2018
Friday, January 5, 2018 - 4:18pm | 467The world of payments is ripe for disruption, and Bernstein's Lisa Ellis recently outlined what she said are the top 10 disruptive forces in the payments business. There's much money to be made as the world transitions to the next era of payments, the analyst said. “Entering...
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Bernstein Ponders Potential PayPal M&A
Wednesday, September 27, 2017 - 10:08am | 740In a note released Wednesday, Bernstein discussed the various permutations and combinations concerning M&A involving Paypal Holdings Inc (NASDAQ: PYPL). The firm noted that its early July upgrade of PayPal was based on a predicted strategic acquisition it will likely make in the coming...
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PayPal Wins A New Bullish Analyst: Bernstein Upgrades To Outperform
Monday, July 10, 2017 - 9:13am | 309Analysts continue to like Paypal Holdings Inc. (NASDAQ: PYPL)'s future outlook as Bernstein analyst Lisa Ellis upgraded the stock to Outperform with a price target of $61, raised $15 from the previous target of $46. Ellis believes this is most likely the start of a long and strong positive run for...
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3 Near-Term Challenges For Cognizant That Elliott Didn't Highlight
Wednesday, November 30, 2016 - 11:44am | 287Activist investor Elliot Management disclosed on Monday that it had a 4 percent stake in Cognizant Technology Solutions Corp (NASDAQ: CTSH), while challenging the company’s long held philosophies regarding margins and capital returns. Bernstein’s Lisa Ellis maintained an Outperform...
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What Are Bernstein's Top 3 Open Questions To PayPal?
Thursday, May 19, 2016 - 4:19pm | 598Paypal Holdings Inc (NASDAQ: PYPL) held its first Investor Day after spinning off from eBay Inc (NASDAQ: EBAY), focusing mainly on product strategy and its efforts to make the company a broad, agnostic payments platform. For the medium-term, the company still sees FX-adj. TPV (total payment...
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Mr. Market Needs To View PayPal As A 'Merchant Acquirer,' Analyst Says
Wednesday, March 30, 2016 - 10:34am | 488Investors should view Paypal Holdings Inc (NASDAQ: PYPL) as a hybrid between a merchant acquirer and a closed-loop network, according to Lisa Ellis of Bernstein who initiated coverage of the stock with a Market-perform rating and $43 target price. The analyst said the digital payments firm will...
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Calls Of Note: The Research Moving The Market On Wednesday
Wednesday, August 12, 2015 - 10:56am | 1342The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Morgan Stanley: Upgrading Google To Overweight Brian Nowak of Morgan Stanley upgraded shares of Google Inc (NASDAQ: GOOG) (NASDAQ:...