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With Uber Hack In Rearview Mirror, Analyst Goes Bullish on Cybersecurity Stocks: Here Are Her Favorites
Friday, September 16, 2022 - 5:34pm | 566Tech stocks have taken a beating so far in 2022, but one Wall Street analyst sees buying opportunities among the carnage in cybersecurity stocks. The Analyst: MKM Partners analyst Catharine Trebnick initiated coverage of five prominent cybersecurity stocks Friday: Fortinet Inc (NASDAQ:...
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Why This Zoom Video Analyst Is Bullish On The COVID-19 Pandemic Stock
Friday, August 5, 2022 - 12:08pm | 220Zoom Video Communications Inc’s (NASDAQ: ZM) stock has recently been under pressure due to the pullback in the software segment and expectations of a slowdown in the company’s growth post-COVID-19 pandemic, according to MKM Partners. The Zoom Video Communications Analyst: Catharine...
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The Financial Decision Behind AMC Entertainment's Wednesday Stock Move
Wednesday, July 20, 2022 - 3:21pm | 605Movie theater company AMC Entertainment Holdings (NYSE: AMC) announced the repurchase of debt Wednesday in a move that could improve the company’s financials going forward. What Happened: AMC Entertainment Holdings announced Wednesday it repurchased $72.5 million of 10% second lien...
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Analyst Reiterates $1 Price Target On AMC Entertainment After Q1 Beat: Here's Why
Tuesday, May 10, 2022 - 2:19pm | 410In its first-quarter earnings report, movie theater leader AMC Entertainment Holdings (NYSE: AMC) reported revenue and earnings per share that both beat Street estimates. The company also highlighted a robust slate of 2022 blockbuster movies. Although, the report wasn’t enough to help impress...
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Here's Why Analysts Are Lowering Price Targets On Amazon After Q1 Earnings
Friday, April 29, 2022 - 5:55pm | 722E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) reported mixed earnings Thursday and announced guidance that came in lower than analysts' estimates for the second quarter. Here's why analysts are lowering their price targets and sound more cautious moving forward. The Amazon Analysts...
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5 Starbuck Analysts On Howard Schultz's Return To C-Suite: 'Steady Hand'
Thursday, March 17, 2022 - 11:08am | 558On Wednesday, Starbucks Corporation (NASDAQ: SBUX) CEO Kevin Johnson announced he is retiring after five years in the position. While the coffee retailer searches for a permanent replacement for Johnson, Starbucks founder and former two-time CEO Howard Schultz will return as interim chief executive...
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Starbucks Stock Slumps After Q1 Earnings: 5 Top Analysts React To Rising Costs, Guidance Cut
Wednesday, February 2, 2022 - 2:04pm | 526Starbucks Corporation (NASDAQ: SBUX) shares traded slightly lower on Wednesday after the company reported fiscal first-quarter earnings on Tuesday afternoon and said rising costs may eat into profitability in 2022. Starbucks reported first-quarter adjusted EPS of 72 cents, missing the consensus...
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Flora Growth Raises $34.5M Via Public Unit Offering
Wednesday, November 24, 2021 - 12:17pm | 394Flora Growth Corp. (NASDAQ: FLGC) announced Tuesday the closing of its $34.5 million underwritten public offering of 11.5 million units. The Offering Details Under the offering, each unit consisted of one share of the company and one-half warrant; each whole unit warrant entitles the holder...
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6 Peloton Analysts Break Down Q1 Earnings: 'Not The Year We Envisioned'
Friday, November 5, 2021 - 4:05pm | 605Peloton Interactive Inc (NASDAQ: PTON) shares dropped 35% Friday after the company reported a wider-than-expected loss and aggressively cut its full-year guidance. Peloton reported a fiscal first-quarter EPS loss of $1.25 on revenue of $805.2 million. Both numbers fell short of consensus...
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Urban Outfitters Stock Falls On Q2 Earnings: 3 Takes From The Street
Wednesday, August 25, 2021 - 3:01pm | 450Investors were pulling back Wednesday after retailer Urban Outfitters Inc (NASDAQ: URBN) reported second-quarter earnings. Here's what the Street has to say. The Urban Outfitters Analysts: MKM Partners analyst Roxanne Meyer has a Neutral rating on the stock and raised the price target...
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MKM Partners Initiates Coverage On Airline Sector, Names Delta Top Pick
Thursday, June 10, 2021 - 2:02pm | 557Airline stocks are flying high so far in 2021 as investors anticipate a booming summer travel season and a return to business travel in coming quarters. On Thursday, MKM Partners initiated coverage of the airline group and said some stocks have more near-term upside than others. The Analyst:...
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Apple Analysts Recap 'Spring Loaded': Why Podcast Subscriptions Are 'Significant,' AirTags A 'Sleeper Hit,' iPad Pro Blurs Line Between Mac, iPad
Wednesday, April 21, 2021 - 5:14pm | 890Apple, Inc. (NASDAQ: AAPL) unveiled Tuesday the long-awaited AirTag product, and also announced product upgrades and new services at its Spring Unloaded event. Here's what four Apple stock analysts and experts had to say. Munster Says Apple's Rollouts Add 3% To ...
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As WrestleMania Returns, Is Now The Time To Buy WWE's Stock?
Friday, April 9, 2021 - 3:45pm | 587World Wrestling Entertainment, Inc. (NYSE: WWE) fans and investors are gearing up for WrestleMania 37 this weekend, the company’s largest live event of the year. This year’s WrestleMania will be a two-night event held at Raymond James Stadium in Tampa, Florida. It will also make history...
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Why Royal Dutch Shell Has Compelling Upside Right Now
Wednesday, December 23, 2020 - 11:05am | 208Royal Dutch Shell plc’s (NYSE: RDS-A) accelerating transition into an integrated energy company translates to compelling value upside, according to MKM Partners. The Royal Dutch Shell Analyst: John Gerdes initiated coverage of Royal Dutch Shell with a Buy rating and a price target of $57. The...
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Here's What Slack Analysts Say Investors Should Do Now
Wednesday, December 2, 2020 - 12:51pm | 452Slack Technologies Inc (NYSE: WORK) shares have rallied 45.5% in just over a week following the initial reports of a buyout by salesforce.com, inc. (NYSE: CRM). On Tuesday, Salesforce confirmed a buyout deal priced at roughly $44.07 per share as of Wednesday morning’s prices. Slack also...