Loop Capital

Snap Inc. (NYSE:SNAP) shares are trading higher on Tuesday after Wells Fargo raised its price target on the stock from $8 to $11, citing stronger-than-expected revenue growth in a stabilizing ad market. What To Know: The firm now expects second-quarter revenue to increase 13% year-over-year, up...

Update: This article was updated with a correction on Apr. 7, 2024 at 02:13 a.m. (EDT). Apple Inc. (NASDAQ:AAPL) could report a fall in revenue and earnings per share (EPS) in the calendar year 2024 due to declining iPhone sales in China. What Happened: An analyst at Loop Capital, Ananda Baruah,...

Williams-Sonoma, Inc’s (NYSE: WSM) CEO Laura Alber has recently sold around $4 million worth of her shares. The company's ability to maintain the current profitability levels is already reflected in the share price, according to Loop Capital. The Williams-Sonoma Analyst: Anthony Chukumba...

Shares of Ulta Beauty Inc (NASDAQ: ULTA) rose in early trading on Friday, after the company reported better-than-expected fourth-quarter earnings. BMO Capital Markets analyst Simeon Siegel maintained a Market Perform rating, while raising the price target from $390 to $510. Credit Suisse analyst...

Analysts were reacting to the first-quarter earnings report from Walt Disney Co (NYSE: DIS), the first quarterly print since Bob Iger returned to lead the company as CEO.  The Disney Analysts: Loop Capital analyst Alan Gould had a Buy rating and raised the price target from $120...

Kourtney Gibson of Loop Capital bought shares of Coinbase Global Inc (NASDAQ: COIN) last week, she said Monday on CNBC's "Squawk Box." Related Link: PreMarket Prep Stock Of The Day: Coinbase Gibson is not an investor in Bitcoin (CRYPTO: BTC), she said, but when Coinbase...

The highly anticipated Coinbase Global Inc (NASDAQ: COIN) IPO took place this week with shares opening for trading at $381 and a $100 billion valuation. Analysts continue to share their thoughts on the long-term outlook for the cryptocurrency exchange company. The Coinbase Analyst: Loop...

One of the most widely followed stocks of 2021 reported fourth-quarter earnings Tuesday after market close. GameStop Corp (NYSE: GME) reported quarterly earnings of $1.34 per share, which missed the analyst consensus estimate by a penny. This is a 5.5% increase over earnings of $1.27 per share from...

GameStop Corp. (NYSE: GME) stock jumped another 100% Monday morning to an all-time high of over $140. Just four months ago, the stock was worth only $6, and at the start of January it was worth $18, making for a 500% year-to-date return.  On Monday, Loop Capital...

Estimates for Salesforce.com, inc. (NYSE: CRM) have been de-risked to reflect slowing large deal activity, while mid-sized deal activity has accelerated, according to Loop Capital. The Salesforce Analyst: Yun Kim upgraded Salesforce from Sell to Hold and established a $225 price target. The...

Penn National Gaming (NASDAQ: PENN) was one of the best-performing stocks in 2020 with shares up over 200%. What Happened: KeyBanc analyst Brett Andress initiated a Sector Weight rating on Penn National on Thursday due to a "lofty assumption" versus peers. Penn...

An analyst has said that Snap Inc (NYSE: SNAP) could achieve a valuation of $200 billion in five years. What Happened: Loop Capital’s markets analyst Rob Sanderson theorizes that if Snap’s monetization were to charter the same course in terms of monetization that Facebook Inc (NASDAQ:...

Two of the best performing online sports betting stocks are sized up with new ratings from Loop Capital. The Analyst: Loop Capital analyst Daniel Adam initiates coverage on DraftKings Inc (NASDAQ: DKNG) with a Buy rating and $100 price target. The analyst also initiated coverage on Penn National...

With shares of Roku Inc (NASDAQ: ROKU) now trading at about half the price they were in mid-February, Loop Capital raised its rating on the streaming platform company, but lowered revenue estimates with an assumption that the sudden economic upheaval will lead to a drop in advertising. ...

While Shopify Inc (NYSE: SHOP) has strong long-term earnings growth prospects, these seem to be “fully reflected” in its current share price, according to Loop Capital. The Analyst Loop Capital’s Anthony Chukumba initiated coverage of Shopify with a Hold rating and price target of...