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Pivotal Upgrades Under Armour Due To 'Disconnect Between Reality And Sentiment'
Monday, January 4, 2021 - 1:51pm | 254While Under Armour Inc (NYSE: UAA) seems to be better positioned now than it was pre-pandemic, this is not reflected in its stock, according to Pivotal Research. The Under Armour Analyst: Mitch Kummetz upgraded Under Armour's stock from Hold to Buy, while raising the price target from $15...
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Roku's Rough Week: A Constructive Pullback For The Stock?
Friday, September 20, 2019 - 2:47pm | 602Roku Inc (NASDAQ: ROKU) shares have experienced a steady sell-off this week, culminating in a 20% drop on Friday. Here’s a closer look at the fundamental headlines behind the sell-off and the stock’s technical outlook heading into next week. Negative Headlines On Wednesday, The Verge...
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Pivotal Research Explains Roku Bear Thesis
Friday, September 20, 2019 - 10:17am | 518Roku Inc (NASDAQ: ROKU) will have a tough time competing in the streaming video landscape, as growing competition will push the cost of devices to "zero," according to Pivotal Research. The Analyst Pivotal Research analyst Jeffrey Wlodarczak initiated coverage of Roku with a...
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Pivotal Updates Media Outlook, Upgrades Viacom
Tuesday, January 15, 2019 - 4:36pm | 415Viacom Inc (NASDAQ: VIAB) (NASDAQ: VIA) got an upgrade Tuesday from one analyst after updates to his 2019 earnings estimates for media stocks implied plenty of potential upside for Viacom investors. The Analyst Pivotal Research analyst Brian Wieser made the following changes to his media stock...
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Adobe's Q4 Earnings Report: The Street Reacts
Friday, December 14, 2018 - 11:36am | 697Adobe Inc (NASDAQ: ADBE) on Thursday reported its fiscal fourth-quarter earnings report. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts BMO Capital Markets' Keith Bachman maintains an Outperform rating on Adobe with a price target lifted from...
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Genesco Skates Higher On The Strength Of Journeys, Pivotal Research Says In Upgrade
Thursday, August 30, 2018 - 2:33pm | 523Genesco Inc. (NYSE: GCO)'s Journeys is the preferred retailer for the Vans footwear consumer, according to Pivotal Research Group. The Analyst Pivotal analyst Mitch Kummetz upgraded Genesco from Hold to Buy and raised the price target from $44 to $54. The Thesis With...
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Crocs Gets An Upgrade On High Warm-Weather Demand
Wednesday, July 25, 2018 - 2:01pm | 357It's the heart of the summer, and that's a good thing for footwear company Crocs, Inc. (NASDAQ: CROX). The Analyst Pivotal analyst Mitch Kummetz upgraded Crocs from Hold to Buy, raising the price target from $15 to $21. The Thesis Despite analyst's disappointing projected earnings...
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Telecom M&A Poses No Near-Term Threat To Netflix, Says Bullish Pivotal Research
Thursday, June 21, 2018 - 10:25am | 674Even after rocketing up nearly 170 percent over the past year, Netflix, Inc. (NASDAQ: NFLX) shares have room to grow — another 19 percent, according to Pivotal Research Group. The Analyst Pivotal's Jeffrey Wlodarczak maintained a Buy rating on Netflix and raised the price...
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A Peek Into The Markets: US Stock Futures Point To A Lower Open
Monday, June 18, 2018 - 7:11am | 443Pre-open movers U.S. stock futures traded lower in early pre-market trade. The housing market index for June is schedule for release at 10:00 a.m. ET. Atlanta Federal Reserve Bank President Raphael Bostic is set to speak in Savannah at 1:00 p.m. ET, while New York Federal Reserve Bank President...
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Pivotal Downgrades WPP As Downside Risks Move To The Forefront
Monday, June 4, 2018 - 2:56pm | 381The recent rally in shares of WPP PLC (ADR) (NYSE: WPP) has made an analyst at Pivotal Research uncomfortable, prompting a downgrade. The Analyst Analyst Brian Wieser downgraded shares of WPP from Buy to Hold and lowered the pence-denominated price target for the London-listed shares from 1,...
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A Peek Into The Markets: U.S. Stock Futures Down; Dow Futures Fall Over 200 Points
Tuesday, February 20, 2018 - 8:13am | 354Pre-open movers U.S. stock futures traded lower in early pre-market trade. Futures for the Dow Jones Industrial Average dipped 204 points to 25,025.00, while the Standard & Poor’s 500 index futures fell 22.75 points to 2,712.50. Futures for the Nasdaq 100 index declined 58.25 points to 6,...
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Facebook Wants To Make Your News Feed More Friendly: Here's What That Means For Everybody
Saturday, January 13, 2018 - 11:56am | 912Who can complain about troll disempowerment, more meaningful social interactions, and time better spent? Wall Street can. Facebook Inc (NASDAQ: FB)’s upcoming News Feed updates inspired a 5.6-percent pullback in the stock and forfeited analyst confidence. What The Changes Mean The new...
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Why Have Food Stocks Been Toast? Amazon, What Else?
Saturday, July 22, 2017 - 4:15pm | 682Grocery investors are well aware of the overnight impact that Amazon.com, Inc. (NASDAQ: AMZN) made in the market when it announced a buyout of Whole Foods Market, Inc. (NASDAQ: WFM) back in June. However, Amazon’s intrusion into the food business has been weighing on the food industry for...
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News Media Alliance: Publishers Are Fed Up Playing By Google And Facebook's Rules
Tuesday, July 11, 2017 - 1:20pm | 922Despite rising subscriber levels, newspapers across the country continue to see their revenues dropping, lost to the internet behemoths that control digital advertising. In the face of this pressure, thousands of national and local news outlets under the banner of News Media Alliance are urging...
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Attention United Natural Foods Investors: The Amazon-Whole Foods Deal Could've Been Worse
Friday, June 23, 2017 - 3:06pm | 398United Natural Foods, Inc. (NASDAQ: UNFI) investors should not be overly concerned about Amazon.com, Inc. (NASDAQ: AMZN)'s recent acquisition of Whole Foods Market, Inc. (NASDAQ: WFM), according to Loop Capital Markets managing director, Andrew Wolf. Wolf maintains his Buy rating on United...