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Even After 30% Drop, Analyst Says Tempur Sealy Has More Downside
Monday, April 16, 2018 - 1:55pm | 261A horrendous 2018 went from bad to worse for Tempur Sealy International Inc (NYSE: TPX) on Monday after the stock received another analyst downgrade. The Analyst Loop Capital analyst Laura Champine downgraded Tempur Sealy from Hold to Sell and lowered her price target for the stock from $49 to $...
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7 Analysts Weigh In On Ulta's Q4 Miss
Monday, March 19, 2018 - 9:59am | 768Analyst updates poured in after Ulta Beauty Inc (NASDAQ: ULTA) reported a fourth-quarter earnings and sales miss, despite comps that were up 8 percent in the quarter. The cosmetics retailer issued weak first-quarter sales guidance and said it expects comps to rise 6-8 percent on the year. ...
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Should Amazon Buy Wayfair? Loop Capital Makes The Case
Thursday, March 8, 2018 - 12:48pm | 477Amazon.com, Inc. (NASDAQ: AMZN) has proven that it’s not afraid to pull the trigger on a big acquisition. Recent stories in the Wall Street Journal and Forbes suggest Amazon’s next major buyout target could be e-commerce company Wayfair Inc (NYSE: W) due to Wayfair’s exposure to...
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Another Analyst Sees Amazon Shares Rising To $1,700
Wednesday, March 7, 2018 - 1:08pm | 400With Amazon.com, Inc. (NASDAQ: AMZN) stock already up another 31 percent so far in 2018, analysts are scrambling to update their price targets along the way. On Wednesday, yet another analyst upped his price target for Amazon by $100. The Analyst Loop Capital analyst Anthony Chukumba reiterated...
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Wall Street Reacts To Disney's Purchase Of Fox's Entertainment Assets
Monday, December 18, 2017 - 6:16pm | 874Walt Disney Co (NYSE: DIS) reached an agreement to acquire Twenty-First Century Fox Inc (NASDAQ: FOXA)'s movie and TV studios, most of its cable networks and international assets for $52.4 billion. Here's how some of Wall Street's most notable entertainment and media analysts are...
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Texas Theater Chain Studio Movie Grill Credits MoviePass For Keeping Attendance Up
Thursday, December 7, 2017 - 5:06pm | 456Helios and Matheson Analytics Inc (NASDAQ: HMNY)’s MoviePass caught an endorsement from a national theater chain Thursday. Studio Movie Grill attributed recent comps growth and rises in off-peak and smaller-film attendance in part to MoviePass, with whom it developed a strategic relationship...
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MoviePass Has Little To Fear From Cinemark's Movie Club, Analyst Says
Wednesday, December 6, 2017 - 12:01pm | 464Helios and Matheson Analytics Inc (NASDAQ: HMNY) stock is down 23.9 percent this week after Cinemark Holdings, Inc. (NYSE: CNK) announced its own subscription movie ticket service to rival Helios’ MoviePass. While investors clearly see Cinemark’s Movie Club as a threat to MoviePass,...
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What Wall Street Thinks Of Nvidia's Huge Quarter
Friday, November 10, 2017 - 3:03pm | 894NVIDIA Corporation (NASDAQ: NVDA) can do no wrong in the eyes of the market, after its big Q3 earnings beat sent the stock higher by nearly 6 percent. But with Nvidia shares an incredible 1,000 percent in just three years, the debate rages on among analysts of just how much upside the stock has...
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Aaron's Outlook Improves As Rent-A-Center Woes Persist
Wednesday, November 8, 2017 - 5:49pm | 338With its Progressive financial segment poised for growth, specialty retailer Aaron’s, Inc. (NYSE: AAN) was upgraded Wednesday by Loop Capital. Competitor Rent-A-Center (NASDAQ: RCII) rejected a $693 million buyout offer on Wednesday. The Analyst Loop Capital's Anthony Chukumba....
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Amazon Could Grow Faster Internationally Than It Did In The U.S.
Sunday, November 5, 2017 - 3:08pm | 515Amazon.com, Inc. (NASDAQ: AMZN) has all but conquered e-commerce in the United States. The next plausible step in its plans to take over the world: international expansion. Similar to Netflix, Inc. (NASDAQ: NFLX), which gained a loyal membership base and traction domestically over several years...
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What Wall Street Analysts Think About Amazon's Post-Earnings Prospects
Friday, October 27, 2017 - 2:43pm | 683Amazon.com, Inc. (NASDAQ: AMZN)'s stock spiked more than 12 percent Friday after the company reported third-quarter numbers that clearly impressed the market. A number of Wall Street analysts weighed in on Amazon following the report. Here’s a rundown of what they had to say. Voices...
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The Sell-Side Reacts To Advanced Micro Device's Q3 Earnings
Wednesday, October 25, 2017 - 1:50pm | 851Advanced Micro Devices, Inc. (NASDAQ: AMD) stock tanked more than 12 percent on Wednesday after the company reported third-quarter earnings that clearly disappointed the market. A number of Wall Street analysts weighed in on AMD following the report. Here’s a rundown of what they had to say...
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Resignation Of Amazon Studio's Roy Price Was 'A Blessing In Disguise' For Investors
Wednesday, October 18, 2017 - 10:37am | 619Hollywood’s wave of sexual harassment claims is even hitting Amazon.com, Inc. (NASDAQ: AMZN). Amazon reported Tuesday that studio head Roy Price resigned on allegations from executive producer Isa Hackett. The company had initially suspended Price and instituted Amazon Studios COO Albert...
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Amazon Is The Mad Scientist Of Retail
Monday, October 16, 2017 - 3:47pm | 415Amazon.com, Inc. (NASDAQ: AMZN) has developed quite the reputation over the years for dabbling in all kinds of surprising businesses. Some work out in the long term and others don’t, but Amazon’s all-in mentality has made it the mad scientist of the retail sector. Amazon has recently...
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Best Buy Has Proven It Can Thrive In A Post-Amazon World
Wednesday, October 11, 2017 - 12:34pm | 535Amazon.com, Inc. (NASDAQ: AMZN) has been the talk of Wall Street for years now due to its disruptive retail track record and disruptive potential in new markets, such as the pharmacy business. But despite the trail of dead Amazon has left in the retail sector, one unlikely company has overcome the...