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DraftKings Shares Rally Monday; Analyst Upgrades Rating Following Impressive Quarterly Report
Monday, May 22, 2023 - 2:36pm | 524Sports betting company DraftKings Inc (NASDAQ: DKNG) lands an updated rating and price target from an analyst, which comes after the company recently reported quarterly financial results. The DraftKings Analyst: UBS analyst Robin Farley upgraded shares of DraftKings from Neutral to Buy...
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Chart Wars: Does Carnival or Norwegian Cruise Lines Look Set To Travel Higher?
Wednesday, October 12, 2022 - 5:07pm | 686Carnival Corp (NYSE: CCL) and Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) were flying up more than 8% and 9%, respectively, on Wednesday after bouncing from downtrends the two stocks slid into on Sept. 20. Last week, Norwegian hosted an investor day, where the cruise line...
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Norwegian Cruise Now A Buy, But An Analyst Actually Prefers A Different Cruise Line
Wednesday, October 12, 2022 - 12:01pm | 496Norwegian Cruise Line Holdings Ltd’s (NYSE: NCLH) third-quarter preview shows a significant improvement in bookings, indicating that the company’s occupancy has caught up with that of other cruise lines even with higher pricing than 2019 levels, according to UBS. The Norwegian Cruise...
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Why This Carnival Analyst Is Turning Bullish On The Cruise Stock
Thursday, March 18, 2021 - 10:50am | 222Although the near-term outlook for cruise lines has become worse, the longer-term prospects have improved due to pent-up demand and more widespread vaccination against the coronavirus than was previously expected, according to UBS. The Carnival Analyst: Robin Farley upgraded Carnival Corp (...
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UBS Upgrades Hasbro As Stock Price Bakes In Tariffs, Slow Holiday
Monday, November 25, 2019 - 10:16am | 412Hasbro, Inc. (NASDAQ: HAS) has slipped 25% on weak third-quarter figures, but the toymaker could gain firmer footing as Walt Disney Co's (NYSE: DIS) “Frozen” franchise heats things up. The Rating UBS analysts led by Arpine Kocharyan upgraded Hasbro to Buy and maintained a $117 price...
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'Easy Rider,' Harder Sell For Young People: UBS Asks Whether Harley-Davidson's Moment Has Passed
Friday, January 25, 2019 - 5:00pm | 597Have big motorcycles had their cultural moment? That’s the question asked by UBS Securities following a survey that shows the biker culture that drove Harley-Davidson Inc (NYSE: HOG) to American icon status may not be continuing among younger people. That raises big questions for the big...
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Harley Rolls Out Ho-Hum New Lineup; Death Of The V-Rod
Thursday, August 24, 2017 - 2:15pm | 510Get your motor running. As expected, Harley-Davidson Inc (NYSE: HOG) is rolling out its 2018 lineup by expanding the number of bikes sporting only its third new Big Twin engine in 80 years, the most powerful motor in the company’s history. The struggling motorcycle company, looking to grab...
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Seeing Macau Tailwinds Priced In, UBS Goes Neutral On MGM Resorts
Tuesday, August 1, 2017 - 12:16pm | 426MGM Resorts International (NYSE: MGM) has had a killer year, with shares climbing 37 percent over the past year and issuing its first quarterly dividend since 2004 in March. Despite the run, UBS analyst Robin Farley believes MGM is running out of gas, and downgraded the stock from Buy to Neutral...
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What To Expect Out Of Macau From Q2
Friday, July 7, 2017 - 1:49pm | 389UBS analyst Robin Farley took a closer look at the casino industry closely as some of the biggest players release Q2 earnings over the next few weeks. Farley’s Ratings Las Vegas Sands Corp. (NYSE: LVS) - Neutral Meclo Resorts & Entertainment (ADR) (NASDAQ: MLCO) - Buy MGM...
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Norwegian Cruise Lines Trying To Sail Against Caribbean Headwinds
Wednesday, October 5, 2016 - 11:36am | 299UBS analyst Robin M. Farley downgraded Norwegian Cruise Line Holdings Ltd (NASDAQ: NCLH) from Buy to Neutral and lowered the firm’s price target from $54 to $42. After conducting some channel checks, Farley noted that Norwegian was offering some seven-day Caribbean cruises for as low as $279...
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Lighter Inventory At Harley-Davidson May Make For A 'Smoother Ride' For Sales
Thursday, September 15, 2016 - 4:47pm | 345UBS sees downside risk to Harley-Davidson Inc (NYSE: HOG)'s shipment guidance, while it reiterated its Neutral rating, saying that lighter inventory could result in a "smoother ride" for the company. Harley-Davidson wants U.S. dealer inventory flat at year end. The brokerage said if it needs to...
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UBS Says Near-Term Share Buyback From Harley-Davidson Unlikely; Moves To Sidelines
Tuesday, July 5, 2016 - 2:31pm | 482UBS said Harley-Davidson Inc (NYSE: HOG) is unlikely to repurchase shares in the near term given the recent run up in shares following takeover speculation. UBS downgraded the shares of the motorcycle maker to Neutral from Buy following a similar move from RW Baird, which cut the stock to Neutral...
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Harley-Davidson Stock Rises 4% After Strong March Data: Here's What Could Be Next
Wednesday, April 13, 2016 - 2:11pm | 397Shares of Harley-Davidson Inc (NYSE: HOG) rose 4 percent after UBS' bullish comments on the motorcycle maker's March retail sales. Analyst Robin Farley said a warm winter boosted the March retail sales of HOG to "close to 10 percent," and better than the Street estimates. He also said the company...
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UPDATE: UBS Downgrades Norwegian Cruise Line
Wednesday, August 6, 2014 - 12:29pm | 104In a note released Wednesday, UBS Global Research analyst Robin Farley downgraded shares of Norwegian Cruise Line (NASDAQ: NCLH) from Buy to Neutral and lowered the price target from $37 to $36. Farley wrote, "In the next few quarters, we believe NCLH will continue to face a challenging...
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UPDATE: UBS Downgrades Las Vegas Sands, Notes Flat VIP Revenue
Tuesday, June 10, 2014 - 8:36am | 162In a note released Tuesday morning, UBS analyst Robin Farley downgraded Las Vegas Sands (NYSE: LVS) from Buy to Neutral and lowered her price target from $88 to $79. Farley says the recent concerns of investors about the UnionPay headlines is not the issue to be worried about when looking at the...