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Apple Hasn't Lost Its Edge In China
Tuesday, February 21, 2017 - 1:46pm | 357The debate over Apple Inc.'s (NASDAQ: AAPL) prospects in China will be hotly contested by investors and analysts throughout 2017. OTR Global presented the bearish case in a report last week. In a research report on Tuesday, analysts at Morgan Stanley took a deep-dive into Apple's outlook in...
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A Skeptical Look At Apple
Thursday, February 16, 2017 - 12:37pm | 312Apple Inc. (NASDAQ: AAPL)'s stock continues to trade near all-time highs after an impressive 17 percent gain since the start of 2017. However, not all of Wall Street are in the bull-camp. OTR Global came out with a negative report on Apple Thursday, noting that Apple's prospects in the lucrative...
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All The Analyst Ratings And Price Targets Ahead Of Salesforce.com's Q3 Earnings
Wednesday, November 16, 2016 - 1:30pm | 514Salesforce.com, inc. (NYSE: CRM) is expected to release its third-quarter results on Thursday, November 17, 2016, after the close of the market. Wall Street analysts, on average, expect the company to earn $0.21 a share, flat with last year. Revenues are expected to rise 23.7 percent to $2.12...
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OTR Global Upgrades Buffalo Wild Wings Amid Football Season, Stadia Remodels, Promotions
Friday, October 14, 2016 - 10:35am | 352OTR Global upgraded shares of Buffalo Wild Wings (NASDAQ: BWLD) to a Mixed rating from Negative amid catalysts like the football season, remodeling of stadia, value promotion and FastBreak Lunch. The brokerage pointed out that the company's same-store sales have either met or exceeded in eight of...
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OTR Global Downgrades Apple To Negative: Price Cuts Not Helping iPhone Sales in China
Friday, May 27, 2016 - 10:11am | 276Apple Inc. (NASDAQ: AAPL) has bounced back nicely since the stock briefly dipped below the $90 level earlier this month for the first time since 2014. However, OTR Global doesn’t think Apple traders should be very excited about the 10 percent bounce. Instead, the firm recommends traders...
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FireEye Plunges Following Unconfirmed Chatter Of OTR Downgrade
Thursday, January 28, 2016 - 11:43am | 262Shares of FireEye Inc (NASDAQ: FEYE) plunged more than 4 percent during Thursday's morning trading session. Investors and traders were heavily selling the stock following unconfirmed market chatter that the research firm, OTR Global, has published a negative report on the company. $FEYE Hearing OTR...
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Apple Downgraded At OTR; Firm Sees Saturation And Lack Of Innovation
Wednesday, October 14, 2015 - 11:13am | 160Shares of Apple, Inc. (NASDAQ: AAPL) have decline 11.87 percent over the last six months, hitting a low of $103.12 on August 24. Analysts at OTR Global have downgraded the rating on the company to Mixed. The analysts believe that market saturation and lack of innovation have led to the...
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Under Armour Shares Hit A Bogey, Downgraded At OTR Global
Thursday, July 16, 2015 - 11:32am | 350Under Armour Inc (NYSE: UA) shares were down 4 percent Thursday morning. According to Bloomberg, the stock was downgraded to Mixed by OTR Global. The firm said Under Armour's U.S.. apparel sales were "below plan for 5 of 6 sources...on delivery delays" and "poor weather....
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OTR Global: Pandora View Has 'Deteriorated' On Ads, Local Radio Spending
Wednesday, July 15, 2015 - 12:11pm | 618In a report published Wednesday, OTR Global analyst Michael Foster commented that Pandora Media Inc (NYSE: P)'s "eagerly anticipated" programmatic buying platform has resulted in "tepid buyer enthusiasm." Foster noted that digital buyers reported "steady"...
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OTR Global: Facebook Ad Growth Is Strong
Friday, March 6, 2015 - 11:49am | 89OTR Global said that it expects Facebook Inc (NASDAQ: FB) advertising growth in the U.S. to remain strong in the first quarter. The analysts cited online agency media buyers and agency directors in their analysis. The analysts reiterated a positive read on Facebook, expecting that the Facebook...
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Twitter Falls Amid OTR Global Downgrade, Falling Ad Prices
Wednesday, January 28, 2015 - 12:32pm | 110Shares of Twitter Inc (NYSE: TWTR) fell Wednesday below the $38 level following the release of a note from OTR Global which cut its rating from Positive to Mixed. OTR Global indicated that year-over-year growth “moderated slightly” in the fourth quarter to 85-90 percent and is...
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Why Shares Of Buffalo Wild Wings Are Trading At New 52-Week Highs
Wednesday, January 28, 2015 - 12:15pm | 110Shares of Buffalo Wild Wings (NASDAQ: BWLD) traded at new 52-week highs of $189.87 Wednesday morning following OTR Global issuing positive commentary. According to Bloomberg, Buffalo Wild Wings fourth quarter was boosted by improving transaction, tickets due to higher prices and more repeat...
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OTR Global Upgrades FireEye
Tuesday, October 28, 2014 - 12:21pm | 91Shares of FireEye Inc (NASDAQ: FEYE) were up sharply in Tuesday’s session amid an upgrade from OTR Global. Analysts at OTR Global upgraded FireEye shares from Mixed to Positive. Analysts at the firm find that third quarter demand for FireEye products got a boost from the highly...
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Belus Capital's Brian Sozzi Previews Chipotle Mexican Grill's Q3 Results
Friday, October 17, 2014 - 3:37pm | 603Chipotle Mexican Grill, Inc. (NYSE: CMG) is set to report its third quarter results on Monday after market close. Analysts are expecting the popular fast-casual restaurant operator to earn $3.81 per share on comp growths of 16.9 percent. Chipotle reported its second quarter results on July 21....
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Dow Breaks Four-Day Losing Streak As Calm Restores Last Week's Jittery Market
Monday, August 4, 2014 - 4:57pm | 2610U.S. stocks rallied to start the week on a positive note. Investors are looking for bullish signs that can erase last weeks declines, as the S&P 500 had its largest weekly drop since 2012 and the Volatility Index surged more than 30 percent. Portugal's Central Bank plans to spend 4.9...