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NIH Funding Cuts To Spook Healthcare Stocks? RFK Jr's Confirmation At HHS Sparks Concerns Over Research Dollars, 'Causing Uncertainty,' Says Analyst
Monday, February 24, 2025 - 6:07am | 972Robert F. Kennedy Jr.‘s appointment as U.S. Secretary of Health and Human Services has sparked concerns over funding for the National Institutes of Health. Analysts warn that potential cuts to this funding could lead to increased “uncertainty” in the healthcare sector, potentially...
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Ethereum Is 'Blue Chip Blockchain,' Could See Significant Value Boost: Canaccord Analysts
Friday, September 9, 2022 - 7:05am | 866Cryptocurrency Ethereum (CRYPTO: ETH) and the smart contract ecosystem were sized up by Canaccord Genuity in a new note. Here’s a look at where analysts Michael Graham and Joseph Vafi see future value in them. Fifth Wave Of Computing: Web1...
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DraftKings Stock Investors Pull Back After Q1 Earnings: What Do Analysts Think?
Monday, May 10, 2021 - 12:57pm | 599Draftkings Inc (NASDAQ: DKNG) shares were retreating Monday after the company reported a better-than-expected loss in the first quarter and raised its full-year guidance. For the first quarter, DraftKings reported a 36-cent EPS loss on Friday, beating the 41-cent loss analysts...
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DraftKings Analysts Cheer Strong Q4, Sports Betting Growth And SBTech Integration
Monday, March 1, 2021 - 7:35pm | 611DraftKings Inc (NASDAQ: DKNG) received several price target raises after the strong fourth quarter reported on Friday. The DraftKings Analysts: Canaccord Genuity analyst Michael Graham reiterates a Buy rating and raises the price target from $65 to $80. Bank of America analyst Shaun C. Kelley...
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Canaccord's Graham Defends Bullish DraftKings Rating On 'Fast Money'
Thursday, July 9, 2020 - 11:16am | 423The bullish case for online sports betting company Draftkings Inc (NASDAQ: DKNG) remains unchanged at a time when the resumption of professional sports is in question, according to Canaccord Genuity's Michael Graham. DraftKings As A Long-Term Play: Sports fans across the U.S. never had access...
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Analyst Likes DraftKings As Public Embraces Legal Sports Betting
Tuesday, May 5, 2020 - 3:49pm | 381The case for investing in providers of legalized gambling like DraftKings in the U.S. is based in part on encouraging trends elsewhere in the world, according to Canaccord Genuity. DraftKings and SBTech were acquired by Diamond Eagle Acquisition Corporation (NASDAQ: DKNG), which merged into a new...
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Is 2020 The Year Of Uber? 2 Pros Discuss Key Issues
Monday, January 13, 2020 - 2:26pm | 357Ride-hailing companies could fare well in 2020 but it may be a mistake to assume Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) offer similar investment profiles, according to Canaccord Genuity's Michael Graham. Uber Vs. Lyft Graham said Monday on CNBC's "Squawk Box...
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What Analysts Think About Square's Post-Earnings Prospects
Friday, August 2, 2019 - 12:28pm | 518Square Inc (NYSE: SQ) took a huge 15% hit on Friday after the company reported lackluster second-quarter numbers and issued disappointing guidance. Square reported second-quarter gross payment volume of $26.8 billion, slightly missing consensus analyst expectations of $26.9 billion. In addition,...
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Analyst: Prime Day 'Locks In' Customers For Amazon's Ecosystem
Tuesday, July 16, 2019 - 11:57am | 729Worldwide sellers taking part in Amazon.com, Inc. (NASDAQ: AMZN)'s annual Prime Day saw the biggest 24-hour sales day in Amazon history, the e-commerce platform said in a press release. Members in the U.S. saved hundreds of millions of dollars on items for sale, and there is...
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Analysts Discuss Libra's Impact On Facebook, Cryptocurrencies And The Payments Market
Wednesday, June 19, 2019 - 11:34am | 730Facebook, Inc. (NASDAQ: FB) officially announced its new Libra cryptocurrency, and a pair of Wall Street analysts weighed in on Libra’s impact on Wednesday. Credit Suisse’s Take Unlike other cryptocurrencies like bitcoin and Ethereum, Libra will be backed by a basket of fiat currencies...
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The Street's Mixed Reaction To eBay's Q1
Friday, April 26, 2019 - 8:20am | 909Online marketplace eBay Inc (NASDAQ: EBAY) reported Tuesday with first-quarter results that came in better than expected — but not all Street analysts are impressed with the print. The Analysts Morgan Stanley's Brian Nowak maintained an Equal-weight rating on eBay ...
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Sell-Side Hikes PayPal Price Targets, Likes Venmo Growth
Thursday, April 25, 2019 - 3:09pm | 627Wall Street liked Paypal Holdings, Inc. (NASDAQ: PYPL)’s quarterly print, as investors boosted the payment company’s stock to a new 52-week high Thursday and sell-side analysts praised continuing growth in mobile payment platform Venmo. PayPal’s latest quarterly results were...
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Canaccord Downgrades Blue Apron After Meal Kit Service Sheds 71K Net Subscribers In Q3
Thursday, November 15, 2018 - 3:31pm | 517Blue Apron Holdings Inc (NYSE: APRN) shares are reeling after reporting a third-quarter earnings miss Tuesday. The food delivery subscription service has lost nearly 88 percent of its value since its 2017 IPO. The Analyst Canaccord Genuity analyst Michael Graham downgraded Blue...
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Square's Guidance Miss: Analysts Speak Up
Thursday, November 8, 2018 - 1:21pm | 653Square Inc (NYSE: SQ) is getting crushed Thursday following a disappointing third-quarter earnings report. Square beat analyst expectations for earnings and revenue, but its fourth-quarter guidance disappointed Wall Street. The stock was down more than 9 percent to $74.79 at time of publication....
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What To Do With eBay Now? Analysts Debate
Wednesday, October 31, 2018 - 3:19pm | 744EBay Inc (NASDAQ: EBAY) reported Tuesday its third-quarter results highlighted by an EPS beat, in-line revenue and a better-than-expected earnings guidance for the fourth quarter. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts DA Davidson's...