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Loop Switches To Bullish Stance On Union Pacific, Cites Railroad's New Operating Plan
Tuesday, September 18, 2018 - 5:26pm | 416Union Pacific Corporation (NYSE: UNP) stock rallied Tuesday after the company announced it will enact a new operating plan Oct. 1. One Wall Street analyst sees the move as reason enough to buy the stock. The Analyst Loop Capital Markets analyst Rick Paterson has upgraded Union Pacific from Hold to...
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Buy The Dip In News Corp, Loop Capital Says In Upgrade
Tuesday, September 4, 2018 - 12:07pm | 429News Corp (NASDAQ: NWSA) shares have fallen nearly 15 percent over the past month, and investors may want to consider buying the stock, as the Street is overreacting to the consolidation of pay TV provider Foxtel, according to Loop Capital. The Analyst Loop Capital Markets' Alan Gould upgraded...
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Loop Capital Upgrades CSX After Encouraging Q2
Wednesday, July 18, 2018 - 12:25pm | 366CSX Corporation (NASDAQ: CSX) reported second-quarter results Tuesday that prompted Loop Capital Markets to turn bullish on the stock. The Analyst Loop analyst Rick Paterson upgraded CSX from Hold to Buy with a price target lifted from $65 to $78. The Thesis CSX's Q2 print makes it...
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Loop Capital Models For 13% Upside In Apple, Speculates On 'Nirvana' iPhone Lineup
Friday, July 6, 2018 - 9:30am | 491Apple Inc. (NASDAQ: AAPL) will be the first company to reach $1 trillion market capitalization if Loop Capital Markets' forecast is correct. The Analyst Analyst Ananda Baruah maintained a Buy rating on Apple and raised the price target from $195 to $210. The Thesis Apple's...
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Analyst Says Sell Spotify As Shares Are Too Expensive Right Now
Tuesday, May 15, 2018 - 10:26am | 439Spotify Technology SA (NYSE: SPOT) is the market leader in music streaming with 75 million premium subscribers, but without the same margins as video the stock looks expensive. The Analyst Loop Capital Markets analyst Alan Gould initiated coverage of Spotify with a Sell rating and $120 price...
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Ulta's Valuation Pushes This Bull To The Sidelines
Wednesday, May 2, 2018 - 4:16pm | 368Ulta Beauty Inc (NASDAQ: ULTA) is receiving a sell-side downgrade, but not on the basis of weak fundamentals. The law of large numbers could ultimately slow the company's blistering growth. The Analyst Loop Capital Market's Anthony Chukumba downgraded Ulta from Buy to Hold and...
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What You Need To Know From Rent-A-Center's Guidance
Monday, April 9, 2018 - 3:03pm | 418Rent-A-Center Inc (NASDAQ: RCII), a retailer that offers customers the ability to rent-to-own furniture and electronics, announced Monday a first quarter business update and outlook. What Happened Rent-A-Center said its preliminary same-store sales growth in its core U.S. business for the first...
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Tiffany Management Convinces Analysts It's Getting Polished
Thursday, April 5, 2018 - 4:42pm | 451Tiffany & Co. (NYSE: TIF)'s getting its priorities in order. CEO Alessandro Bogliolo convinced analysts Wednesday he was polishing the jeweler’s processes and products this year to ensure top-line growth. Credit Suisse analysts left the meeting with the impression that “stepped-...
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American Eagle Is A Bright Spot In Apparel, Says Loop Capital
Friday, March 23, 2018 - 1:05pm | 404Investors are hard pressed to find a compelling opportunity in the apparel retail sector, but Loop Capital Markets said American Eagle Outfitters (NYSE: AEO) is just that. The Analyst Analyst Laura Champine initiated coverage of American Eagle Outfitters' stock with a Buy rating...
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Lionsgate 'Operating In The Sweet Spot' Of Media, Says A Bullish Loop Capital Markets
Thursday, March 22, 2018 - 4:33pm | 319For Lionsgate Entertainment Corp. (NYSE: LGF), stronger investment in the Starz division and greater spending on original programming could mean continued competitive positioning, according to Loop Capital Markets. The Analyst Analyst Alan Gould maintained a Buy rating on Lionsgate and...
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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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Stock Roundup: Loop Capital Markets Assesses The Media, Entertainment Space
Friday, March 16, 2018 - 3:02pm | 1057Loop Capital initiated coverage of seven names within the media and entertainment space this week. The Analyst Loop Capital Markets' Alan Gould initiated coverage of the following companies: News Corp (NASDAQ: NWSA) with a Hold and $17 price target. Viacom, Inc. (NASDAQ: VIAB) with a...
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Netflix Has 'Unstoppable Lead' In Streaming TV, But Valuation Sends Loop Capital To Sideline
Friday, March 16, 2018 - 10:26am | 484Netflix, Inc. (NASDAQ: NFLX) has long been an investors' darling, given its dominant position in the streaming TV business. Loop Capital Markets bullishly estimates Netflix will have 300 million subscribers by 2025, but the firm initiated the stock with a neutral stance due to its valuation....
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Loop Capital Turns Bullish On Lumber Liquidators After Visit To HQ
Friday, March 16, 2018 - 9:37am | 458After three years of operating losses, Lumber Liquidators Holdings Inc (NYSE: LL) is set to return to profitability, which gives investors a good opportunity to buy a stock that is "too cheap," according to Loop Capital Markets. The Analyst Analyst Laura Champine upgraded Lumber...
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Smart & Final Stores' Q4 Beat Overshadowed By Poor Guidance
Thursday, March 15, 2018 - 1:30pm | 390Smart & Final Stores Inc (NYSE: SFS), a food retailer that sells fresh perishables and everyday grocery items, reported its fourth quarter results that exceeded Wall Street's expectations but a disappointing outlook prompted a downgrade. The Analyst Loop Capital Markets' Andrew...