SunTrust

SunTrust’s Bob Peck still remains on sidelines on Netflix, Inc. (NASDAQ: NFLX), despite the company’s strong third-quarter subscriber growth on the back of original content, which more than offset any impact of ungrandfathering and the Olympics. “While we roll out 2017 year-end PT...

On September 22, e.l.f. Beauty Inc (NYSE: ELF) priced its 8.33 million IPO at $17.00 a share. Of this, about 4.33 million shares were sold by selling stockholders. Since then, the stock has delivered returns of 39.5–70.12 percent to the shareholders. Three weeks after the IPO, there are mixed...

Previewing Fitbit In (NYSE: FIT)'s third-quarter results, SunTrust said it sees scope for upside surprise from the company's guidance for a 15 percent sequential drop in third-quarter revenues based on expectations of 12.5 percent unit sales decline and a 1.5 percent decline in ASP. Rationale For...

Same as many other biopharmaceutical stocks, Sarepta Therapeutics Inc (NASDAQ: SRPT) ad a rocky start to the year. However, its luck changed in September, when the FDA approved Exondys 51 (eteplirsen) for the treatment of Duchenne muscular dystrophy (DMD), leading the stock to more than double in...

The past few months have been great for small cap bluebird bio Inc (NASDAQ: BLUE), which saw its stock appreciate more than 47.6 percent in the last six months and more than 31 percent in the past month alone, largely helped by the entry of its Gen2 LentiGlobin into the clinic. Benzinga recently...

Previewing the fiscal second-quarter results of Alibaba Group Holding Ltd (NYSE: BABA), SunTrust noted that core profitability remains strong, despite the near-term investments headwinds. The firm sees strong investor sentiment and business momentum, based on the company's analyst day takeaways...

SunTrust’s Tobey Sommer upgraded Corrections Corp Of America (NYSE: CXW) to Buy with $20 price target on continued double-digit dividend and positive news flow to be mixed into the uniformly negative news of the last two months. “We now assume that out-of-state business with CA goes...

SunTrust expects an in-line quarter from JD.Com Inc(ADR) (NASDAQ: JD) on which the retailer Wal-Mart Stores, Inc. (NYSE: WMT) recently raised its stake to 10.8 percent from 5 percent. SunTrust's Robert "Bob" Peck expects third quarter GMV/Revenue/gross profit of RMB 151.5 billion/RMB 60.4 billion/...

After Bristol-Myers Squibb Co (NYSE: BMY) disclosed disappointing study results of its Opdivo, SunTrust has reduced the price target on the company's shares from $68 to $62 on lower EPS estimates for the year 2017 and 2018. However, the firm maintains its Hold rating on the stock. Analyst John...

EBay Inc (NASDAQ: EBAY) is expected to report its third-quarter financials on October 19, and SunTrust's Robert "Bob" Peck sees results largely in line with the Street while expressing confidence in the turnaround of the company. Following are Peck's key estimates for the third quarter: "GMV at $...

Yahoo! Inc. (NASDAQ: YHOO) is scheduled to announce its third quarter results on October 18. Ahead of the report, SunTrust’s Bob Peck reiterated a Neutral rating and $42 price target on the stock, and shared 10 questions investors are (or should be) asking heading into earnings. 1....

Darden Restaurants, Inc. (NYSE: DRI) is coming off an earnings and revenue beat and a raised guidance outlook for the rest of the year. A primary contributor to the strength of the chain-restaurant operator has been Olive Garden's turnaround story. In Q1, Olive Garden outperformed the industry by...

It has now been almost a full week since CNBC's David Faber reported that Twitter Inc (NYSE: TWTR) is engaged in discussions with potential acquirers over a sale of itself. The initial report last Friday singled out salesforce.com, inc. (NYSE: CRM) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) as...