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Analysts Still All-In On Uber Despite Mixed Q1 Results, Coronavirus Environment
Friday, May 8, 2020 - 10:41am | 1081Like rival Lyft Inc (NASDAQ: LYFT), Uber Technologies Inc (NYSE: UBER) reported mixed first-quarter earnings with a big bottom-line miss and significant top-line beat. But by and large, analysts offered glass-half-full interpretations. The Details Morgan Stanley celebrated 20% rides bookings growth...
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Stitch Fix Analysts Trim Price Targets After Q4 Print
Wednesday, October 2, 2019 - 11:37am | 437Stitch Fix Inc (NASDAQ: SFIX) shares were plummeting Wednesday after the online styling service delivered a fourth-quarter sales miss. KeyBanc A Long-Term Believer Investments in data scientists and the U.K. will drive some near-term profit and loss pressure, but KeyBanc Capital...
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Buy Stitch Fix Amid Record Short Interest, SunTrust Says Ahead Of Q4 Report
Monday, September 30, 2019 - 5:00pm | 398Online styling service Stitch Fix Inc (NASDAQ: SFIX) is set to report fourth-quarter earnings Tuesday. The Analyst SunTrust analyst Youssef Squali maintains a Buy rating with a $44 price target. The Thesis SunTrust expects fourth-quarter results to come in relatively in-line with expectations...
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SunTrust Downgrades Hilton Hotels And RLJ Lodging Trust
Tuesday, July 16, 2019 - 1:57pm | 434Hilton Hotels Corporation (NYSE: HLT) and RLJ Lodging Trust (NYSE: RLJ) have been hit with downgrades. The Analyst SunTrust analyst C. Patrick Scholes downgraded Hilton from Buy to Hold and maintained a $101 price target. The analyst downgraded RLJ Lodging from Hold to Sell and lowered his...
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Tripadvisor Gets An Upgrade On Its Underappreciated Experiences Segment
Wednesday, June 19, 2019 - 3:38pm | 328Tripadvisor Inc (NASDAQ: TRIP) is seeing an upgrade on its rapidly expanding "Experiences" segment. The Analyst SunTrust analyst Naved Khan upgraded from a Hold to a Buy rating and maintained his $60 price target. The Thesis Khan says Tripadvisor's expanding experiences segment now...
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Wall Street Sours On Dave & Buster's
Thursday, June 13, 2019 - 12:09pm | 537Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) shares were pummeled after reporting worse-than-expected first-quarter sales results on Tuesday that also saw the company cut its fiscal year 2019 guidance. Wells Fargo Downgrades Wells Fargo analyst Jon Tower lowered his rating from...
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Wall Street Weighs In On Tesla's Autonomy Day Presentation
Tuesday, April 23, 2019 - 12:46pm | 571Visionary Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk on Monday laid out an extremely optimistic timetable for Tesla’s autonomous vehicle technology at the company’s Autonomy Investor Day event. Unfortunately for Tesla investors, Wall Street wasn’t particularly impressed by what Musk...
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Analysts Talk Utility Stocks In The Aftermath Of PG&E Bankruptcy News
Wednesday, January 16, 2019 - 1:15pm | 611The announcement that California utility company PG&E Corporation (NYSE: PCG) is preparing for bankruptcy sent shares of the battered stock tumbling more than 62 percent this week. However, a potential PG&E bankruptcy could also impact other utility stocks. Several Wall Street analysts have...
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With Bakken Setting Records, Northern Oil & Gas Is An 'Ideal' Energy Play
Thursday, May 24, 2018 - 2:29pm | 261SunTrust analyst Neal Dingmann upgraded shares of Northern Oil & Gas, Inc. (NYSE: NOG) from Hold to Buy and increased his price target from $2 to $4. The Thesis Dingmann expects the company’s earnings to grow by 68 percent this year and 37 percent in 2019, both driven largely by the...
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Strong Demand Makes 2018 An Encouraging Year For Norwegian Cruise Line, Analyst Says
Wednesday, January 17, 2018 - 5:48pm | 469Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) has been upgraded by an analyst on encouraging cruise booking levels and strong pricing demand for 2018. The Analyst C. Patrick Scholes of SunTrust Robinson Humphrey upgraded Norwegian Cruise Line Holdings from a Hold to a Buy and raised the price...
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Your Favorite Analyst's Favorite Analyst: Which Sell Side Firm Has The Most Buy Ratings From Its Peers?
Sunday, November 26, 2017 - 2:37pm | 902Bank of America (NYSE: BAC) recently upgraded shares of Barclays PLC (ADR) (NYSE: BCS) by two notches from Underperform to Buy. BofA Merrill Lynch cited the underperformance of Barclays' shares and depressed earnings expectations as the reason for its improved assessment. Financial firms are...
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SunTrust: PayPal Is Trading At A Premium Valuation
Wednesday, July 19, 2017 - 11:58am | 432New partnerships with Apple Inc. (NASDAQ: AAPL), Samsung Pay, and Visa Inc (NYSE: V) Europe sent PayPal Holdings Inc (NASDAQ: PYPL) shares higher over the past week, leading SunTrust analyst Andrew Jeffrey to no longer see much upside. “We argue that recent appreciation has materially priced...
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Nvidia Higher For Seventh Day In A Row
Thursday, July 13, 2017 - 11:28am | 122NVIDIA Corporation (NASDAQ: NVDA) share were seen trading higher by $2.40 at $162.91 in Thursday's session. It is following through on its nearly $7.00 gain Wednesday ($155.88 to $162.51) after an upgrade from SunTrust from Neutral to Buy. Nvidia is now trading higher for the seventh day in a row,...
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Analyst On La Jolla's Hypotension Drug: We Expect Approval Next Year
Monday, May 22, 2017 - 11:23am | 611Following the publication of full data from a late-stage study of La Jolla Pharmaceutical Company (NASDAQ: LJPC)'s LPJC-501, a proprietary formulation of angiotensin II, SunTrust Robinson Humphrey said it expects approval in 2018. The Study And The Results The full data from the Phase III study,...
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SiriusXM And Pandora Reportedly In Talks; SunTrust Considers Potential Deal
Thursday, May 18, 2017 - 10:52am | 422Shares of Pandora Media Inc (NYSE: P) were trading higher by more than 6 percent Thursday morning after the company was named as a potential acquisition target. The New York Post reported after Wednesday's market close that Sirius XM Holdings Inc. (NASDAQ: SIRI) is in talks to acquire Pandora. A...