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Nvidia Analyst Says New, Ampere-Based Data Center GPU Makes Chipmaker 'Unassailable'
Friday, May 15, 2020 - 1:11pm | 1042NVIDIA Corporation (NASDAQ: NVDA) shares, which have been bouncing along nicely for much of this week amid positive sell-side expectations for the chipmaker's earnings report next week, rose over 3% Thursday. CEO Jensen Huang hosted the annual GTC keynote address virtually, revealing...
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SunTrust Cuts Booking Holdings Price Target On Worsening Travel Trends
Tuesday, March 10, 2020 - 3:00pm | 366Booking Holdings Inc (NASDAQ: BKNG) has withdrawn its first-quarter guidance citing the worsening impact of coronavirus. The withdrawal of its outlook, which was issued less than two weeks back, suggests that the fast-spreading coronavirus is taking a toll on the company’s core European...
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SunTrust Downgrades Shake Shack Amid Same-Store Sales Concerns
Friday, February 21, 2020 - 5:15pm | 405Shake Shack Inc (NYSE: SHAK) remains one of the most compelling growth stories and brands within the entire restaurant sector but 2020 could prove to be a difficult year, according to SunTrust Robinson. The Shake Shack Analyst Jake Bartlett downgraded Shake Shack from Buy to Hold with a price...
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NuVasive Is 'A Stock To Watch For In 2020,' SunTrust Says In Bullish Initiation
Wednesday, January 8, 2020 - 2:28pm | 461Shares of medical device maker NuVasive, Inc. (NASDAQ: NUVA) represent a particularly compelling opportunity, according to SunTrust Robinson Humphrey. The NuVasive Analyst Kaila Krum initiated coverage of Nuvasive with a Buy rating and $93 price target. The NuVasive Thesis Nuvasive is the...
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Apache Stock Settling After Huge Spike On Suriname Oil Find
Wednesday, January 8, 2020 - 11:30am | 386Apache Corporation (NYSE: APA) shares were maintaining their gains Wednesday following a huge spike a day earlier after the company announced a significant oil discovery off the coast of Suriname. Apache Records Historic Gain After Striking Oil Apache stock had its biggest one-day gain in...
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SunTrust Upgrades Dow On Disciplined Capex Plans
Monday, December 9, 2019 - 4:14pm | 299The Dow Chemical Company’s (NYSE: DOW) disciplined approach to capital expenditure is likely to result in attractive free cash flow generation and strong dividend, according to SunTrust Robinson Humphrey. The Analyst SunTrust’s James Sheehan upgraded Dow Chemical Company from Hold to...
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Broadcom Falls, But Analysts Optimistic Chip Demand Has Bottomed And Acquisitions Will Help
Friday, September 13, 2019 - 2:12pm | 744Broadcom Inc's (NASDAQ: AVGO) slight miss on revenue, a semiconductor demand trough and trade difficulties with China had investors selling the stock off Friday, but sell-side analysts remained bullish, saying the trough has bottomed and the company can weather the international storm. While...
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What To Make Of Wendy's Breakfast Expansion
Tuesday, September 10, 2019 - 11:43am | 769Shares of Wendys Co (NASDAQ: WEN) lost more than 12% Tuesday after the company announced a nationwide expansion of its breakfast menu and lowered its guidance. Here is a summary of what some of the Street's top analysts are saying. Stephens: The Launch Wendy's will launch nationwide...
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Analysts Turn Incrementally Bullish After Veeva's Beat And Raise
Wednesday, August 28, 2019 - 12:55pm | 457Cloud solutions provider for the life sciences industry company Veeva Systems Inc (NYSE: VEEV) reported second-quarter results, which prompted two analysts to become incrementally bullish on the stock. The Analysts Stifel analyst Tom Roderick maintains a Buy rating on Veeva with a price target...
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The Street Loves Still Loves Salesforce
Friday, August 23, 2019 - 12:26pm | 738Salesforce.com, inc.'s (NYSE: CRM) second-quarter results came in better than expected. On top of an earnings and sales beat, management guided third-quarter results ahead of expectations and lifted its full-year sales guidance. Shares of Salesforce moved higher Friday and multiple analysts...
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SunTrust: Internet Stocks Outperforming S&P 500
Tuesday, August 13, 2019 - 4:59pm | 784Internet stocks are outperforming the broader market, SunTrust Robinson Humphrey said in a review of second-quarter earnings season. Top-Line Momentum Strong The number of companies reporting revenue beats was higher than historical levels and also well above the proportion of S&P 500...
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These Analysts Like Medallia's Prospects For 'Experience Management' Business
Tuesday, August 13, 2019 - 3:35pm | 498Medallia Inc (NYSE: MDLA) is a pioneer in a new type of business analytics, the effort to track customer signals known as “Experience Management,” and the newly public company is set for growth because of it, two sell-side analysts said Tuesday. The company went public last month. The...
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Analysts Like Activision Blizzard's 2019 Performance, 2020 Gameplan
Friday, August 9, 2019 - 2:16pm | 574Analysts were pleased with Activision Blizzard, Inc. (NASDAQ: ATVI)’s second-quarter earnings beat and largely unphased by lower projections for third-quarter revenue, continuing to see the video game maker’s 2019 as a rebuilding and investment year ahead of a more exciting future....
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Bullish Sell-Side Unfazed By Uber's Big Quarterly Loss: 'A Clear Path To Profitability'
Friday, August 9, 2019 - 11:06am | 690Uber Technologies Inc (NYSE: UBER) disappointed investors by missing top- and bottom-line expectations Thursday, but several sell-side analysts found reasons to remain bullish on the stock. Uber reported a second-quarter loss per share of $4.72, larger than expected, on lower-than-anticipated...
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SunTrust: Equifax Settlement Could Lift Stock Overhang
Monday, July 22, 2019 - 2:29pm | 349Equifax Inc. (NYSE: EFX) is reportedly nearing a settlement of around $700 million with government regulators, state attorneys general and a class action lawsuit. This settlement would “materially eliminate uncertainty around lingering breach expenses,” according to SunTrust...