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CNBC's Final Trades: Starbucks, Interactive Brokers, This ETF And This Crypto
Tuesday, May 10, 2022 - 8:27am | 260On CNBC’s “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management recommended JPMorgan Equity Premium Income ETF (NYSE: JEPI) “if you want to upgrade your portfolio, defensive strategy, equal-weight strategy, high quality names, call premiums,...
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CNBC's Final Trades: Union Pacific, Marriott International, Vodafone And These Two Banking Stocks
Thursday, April 14, 2022 - 9:14am | 339On CNBC’s “Halftime Report Final Trades,” Kourtney Gibson of Loop Capital Markets chose Goldman Sachs (NYSE: GS). “It’s trading about 1.15 times book. Goldman doesn’t go below book value,” Gibson stated. She added that the bank “is not getting credit...
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Why This Peloton Analyst Sees Over 35% Upside In Shares
Monday, June 7, 2021 - 11:29am | 394Shares of exercise equipment company Peloton Interactive, Inc. (NASDAQ: PTON) have pulled back since the highs reached in January, making them attractive, according to an analyst at Loop Capital Markets. The Peloton Analyst: Analyst Daniel Adam initiated coverage of Peloton shares with a Buy...
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Shopify Gets Upgrade: Why Now?
Tuesday, May 11, 2021 - 11:46am | 313Shopify Inc.’s (NYSE: SHOP) strong top-line growth and margin expansion could persist going ahead, driven by the continued secular shift to e-commerce and its many strategic initiatives, according to Loop Capital Markets. The Shopify Analyst: Anthony Chukumba upgraded the rating for Shopify...
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Why This Dollar General Analyst Is Turning Bullish
Tuesday, January 26, 2021 - 3:56pm | 377The bullish case for Dollar General Corp. (NYSE: DG) is based on a combination of management's ability to execute on several strategic initiatives and the stock's reasonable valuation, according to Loop Capital Markets. The Dollar General Analyst: Anthony Chukumba upgraded Dollar General...
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Apple Analyst: iPhone Manufacturer Warrants Premium To The S&P 500
Monday, November 30, 2020 - 3:35pm | 531After remaining on the sidelines of Apple Inc (NASDAQ: AAPL) for nearly two years, Loop Capital Markets turned bullish Monday on a forecast for strong product and services growth from Cupertino. The Apple Analyst: Ananda Baruah upgraded Apple from Hold to Buy and increased the price...
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The Sell-Side's Takeaways From Amazon's Investor Letter
Friday, April 12, 2019 - 2:22pm | 590E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN)'s annual shareholder letter focused mostly on its large size, scale and multiple initiatives ahead that could result in "multibillion-dollar failures." RBC's 5 Takeaways The five main takeaways from the letter penned by CEO Jeff...
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Analysts React To The Walgreens Q2 Earnings Miss
Wednesday, April 3, 2019 - 12:32pm | 820Walgreens Boots Alliance Inc (NASDAQ: WBA) on Tuesday reported fiscal second-quarter results that fell short of expectations in what management described as the "most difficult" quarter since late 2014. Here is a summary of how some of the Street's top analysts reacted to the print....
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Five Below's Ability To 'Comp The Comp' Earns An Upgrade
Tuesday, March 19, 2019 - 12:43pm | 277Five Below Inc (NASDAQ: FIVE) could see continued upside after posting some impressive metrics in 2018, according to Loop Capital. The Analyst Loop Capital's Anthony Chukumba upgraded Five Below from Hold to Buy with a price target lifted from $120 to $145. The Thesis Five Below ended fiscal...
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Channel Change: Loop Capital Turns Bearish On Roku
Wednesday, March 13, 2019 - 1:32pm | 295From time to time stocks can go from "expensive to more expensive," with the latest example being Roku Inc (NASDAQ: ROKU), according to Loop Capital. The Analyst Loop Capital Markets' Alan Gould downgraded Roku from Hold to Sell with an unchanged $45 price target. The Thesis Roku...
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Loop Capital Shelves Lumber Liquidators, Says Street Estimates Could Be Overly Optimistic
Thursday, January 3, 2019 - 3:10pm | 382The bullish case for Lumber Liquidators Holdings Inc (NYSE: LL) has come to an end despite the company's positioning in hard surface flooring, according to Loop Capital Markets. The Analyst Analyst Laura Champine downgraded Lumber Liquidators from Buy to Hold with a price target...
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Livent's IPO: What You Need To Know
Wednesday, October 10, 2018 - 5:28pm | 480Lithium company Livent is set to begin trading on the New York Stock Exchange under the ticker symbol “LTHM.” The stock is expected to debut Thursday, Oct. 11, although an official IPO date has not yet been released. The Details The company will sell 20 million shares of common stock at...
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Does Rent-A-Center Hold A Merger Arbitrage Opportunity?
Tuesday, October 9, 2018 - 12:01pm | 475Rent-A-Center Inc (NASDAQ: RCII) agreed to sell itself to Vintage Capital Management at $15 per share, which has some investors questioning why the stock is trading at an approximate 70-cent discount to the purchase price. Loop Capital Markets took a dive into the stock's potential merger...
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Applied Optoelectronics Has Product Quality, Pricing Concerns, Loop Capital Says In Downgrade
Thursday, September 27, 2018 - 10:36am | 384Applied Optoelectronics Inc (NASDAQ: AAOI) has two problems that warrant a bearish stance on the stock, according to Loop Capital Markets' firsthand checks within the optoelectronics sector. The Analyst Analyst James Kisner downgraded Applied Optoelectronics from Hold to Sell...
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Loop Capital: Cable, Video Segments Are 2 Reasons To Like Harmonic
Friday, September 21, 2018 - 11:08am | 472The bullish case for video delivery tech company Harmonic Inc (NASDAQ: HLIT) is based on expectations for growth in its two business segments, according to Loop Capital Markets. The Analyst Analyst James Kisner initiated coverage of Harmonic with a Buy rating and $8.25 price target. The Thesis...