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SunTrust Sets Neutral Rating, $39 Target On Kroger
Tuesday, May 3, 2016 - 4:47pm | 416Read More...SunTrust Robinson Humphrey has started coverage of The Kroger Co (NYSE: KR) with a Neutral rating and $39 price target, which implies an upside of 10.9 percent. Though the nation's largest conventional supermarket chain has managed to beat Street EPS estimates in six out of the past eight...
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Why Are Medivation Shares Trading Sharply Above The $52.50 Offer?
Thursday, April 28, 2016 - 1:45pm | 353Read More...Medivation Inc (NASDAQ: MDVN) shares have rallied about 8 percent Thursday following confirmation Sanofi SA (ADR) (NYSE: SNY) made an unsolicited $52.50 per share offer for the company. But with shares last trading around $56.30, and despite the stock's more than 50 percent rally since we...
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Intel: What Everyone On The Street Thinks
Wednesday, April 20, 2016 - 1:09pm | 1377Read More...Intel Corporation (NASDAQ: INTC) reported mixed Q1 results after Tuesday's close. Revenue came in at $13.8 billion, above the $13.7 billion consensus, but down 7 percent quarter-over-quarter. Gross margins came in at 62.7 percent, above company guidance of 62 percent, and EPS was six cents...
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2 Winners From AACR Flying Under The Radar
Wednesday, April 20, 2016 - 8:11am | 459Read More...The American Association for Cancer Research (AACR) annual meeting is being held in New Orleans this week. Among the companies that presented data in the event are Juno Therapeutics Inc (NASDAQ: JUNO) and Five Prime Therapeutics Inc (NASDAQ: FPRX), two winners that are flying under the radar so...
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Netflix Crashed 10%: Here's Everything Wall Street Is Saying
Tuesday, April 19, 2016 - 11:17am | 876Read More...Shares of Netflix, Inc. (NASDAQ: NFLX) fell more than 10 percent to $96.50 after the video streaming service missed its second quarter international subscriber guidance by 40 percent, despite reporting strong results for the first quarter. Netflix earned $0.06 in the first quarter, topping the...
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SunTrust: Medivation M&A Chatter Highlights Value, Company's 'Unique' Industry Position
Wednesday, April 13, 2016 - 1:44pm | 623Read More...The M&A rumors continue to swirl around biotech firm Medivation Inc (NASDAQ: MDVN), and a SunTrust analyst has commented that the latest take-over chatter highlights the value of the company. A Bloomberg report said Medivation has rejected a take-out offer from Sanofi SA (ADR) (NYSE: SNY),...
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SunTrust Expects A 'Solid' Q1 From PayPal
Wednesday, April 13, 2016 - 8:32am | 256Read More...TPV growth and cost rationalization are expected to boost Paypal Holdings Inc (NASDAQ: PYPL) quarterly results. SunTrust’s Robert Peck maintained a Buy rating for the company, while raising the price target from $38 to $44. The analyst expects PayPal to report robust 1Q results, and neutral...
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What To Make Of Bed Bath & Beyond's Q4 Earnings
Friday, April 8, 2016 - 9:20am | 562Read More...Analysts were mostly bearish on Bed Bath & Beyond Inc. (NASDAQ: BBBY) despite reporting better-than-expected quarterly results and declaring its first-ever quarterly dividend. Wall Street, while enthused by the results, appears concerned on margin pressures. The retailer's earnings of $1.85...
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Constellation Brands Analysts Remain Bullish After Q4 Earnings Rally
Thursday, April 7, 2016 - 4:41pm | 655Read More...Wall Street analysts remain bullish on Constellation Brands, Inc.(NYSE: STZ) after its strong fourth-quarter results. Constellation Brands earned $1.19 per share in the fourth quarter on revenue of $1.543 billion. The company's beer operating income rose 29 percent, and it saw a 14 percent...
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Bob Peck Reviews Twitter's NFL Deal: It's All About Branding And User Engagement
Wednesday, April 6, 2016 - 3:55pm | 261Read More...Twitter Inc (NYSE: TWTR) won a deal with the National Football League to live stream Thursday Night Football. Following the announcement, SunTrust’s Bob Peck shared some thoughts. "In a big step towards marrying Twitter’s LIVE mission with its already strong NFL relationship,...
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SunTrust Expecting Bed Bath & Beyond To Post In-Line Q4 Results
Monday, April 4, 2016 - 4:05pm | 246Read More...Bed Bath & Beyond Inc. (NASDAQ: BBBY) is scheduled to announce its fourth quarter results after the market closes on Wednesday. SunTrust Robinson Humphrey shared a preview of the figures, reiterating a Neutral rating and $55.00 price target. In a report issued Monday, SunTrust's David G...
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TubeMogul Revenues Will Increase 5% Because Of This Facebook Announcement
Friday, April 1, 2016 - 11:26am | 355Read More...TubeMogul Inc (NASDAQ: TUBE) made an exciting announcement Friday, when the digital branding enterprise software company shared that it has become a Facebook Inc (NASDAQ: FB) marketing partner. The news means TubeMogul clients across the world will now be able to utilize the partnership as an...
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SunTrust: Energen Could Be About To Sell Delaware Property, Stock Will 'Pop'
Thursday, March 31, 2016 - 2:07pm | 305Read More...Energen Corporation (NYSE: EGN) "could be close to selling its 31,000 non-core (tier 2) Delaware acres for potentially $300+ million," according to a report from SunTrust Robinson Humphrey. The event that could boost the stock. "A strong Permian sale could cause the company to pull its San Juan...
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Most Analysts Raising Targets On Lululemon Following Q4 Results
Thursday, March 31, 2016 - 12:41pm | 414Read More...Many Street analysts have raised the price target on Lululemon Athletica inc. (NASDAQ: LULU) shares following strong fourth quarter results, which topped Street's view. The apparel retailer reported earnings of $0.85 per share, $0.05 above the Street's consensus. Revenue of $704.28...
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Street Mixed On Chipotle's Poor Sales, Encouraging Comps
Wednesday, March 16, 2016 - 3:42pm | 499Read More...Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) plunged as much as 8 percent after the company reported lower-than-expected comps for February and warned of a first-quarter loss. The company warned of a loss in the first quarter, while analysts were expecting earnings of $0.08 a share for...
