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Analysts Discuss Disney Assuming Complete Control Of Hulu
Wednesday, May 15, 2019 - 9:48am | 428Walt Disney Co (NYSE: DIS) on Tuesday assumed full control of Hulu and will buy Comcast Corporation (NASDAQ: CMCSA)'s 33-percent stake within five years. Guggenheim: Comcast's 'Balancing Act' Comcast's deal with Disney is akin to a "balancing act" as the company is...
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Citigroup Analyst Says Digital Push Should Lift Operating Profit
Tuesday, May 14, 2019 - 3:20pm | 386Citigroup Inc (NYSE: C) is betting big the future of banking is digital, and consumers appear to agree with the strategy, according to The Wall Street Journal. Citigroup is shrinking its physical footprint and focusing on offering a complete digital banking experience, WSJ said. The focus...
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Booking Holdings Posts Q1 Earnings Miss: The Sell-Side Reaction
Monday, May 13, 2019 - 10:31am | 523Booking Holdings Inc (NASDAQ: BKNG) reported first-quarter adjusted earnings per share of $11.17 Thursday, missing the $11.26 consensus estimate. Here's how three analysts who watch the stock reacted. Mizuho Booking Holdings reported a good quarter, but the second-quarter room night...
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Investors Punish Alphabet's Stock After Concerning Quarter
Tuesday, April 30, 2019 - 1:14pm | 1024Google's parent company Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) reported first-quarter results which prompted an immediate sell-off in the stock as the report showed a deceleration of growth in certain key metrics. Here is a summary of how some of the Street's top analysts reacted to...
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Analysts React To Amazon's Q1: Everyone Remains A Bull
Friday, April 26, 2019 - 11:55am | 1222Amazon.com, Inc. (NASDAQ: AMZN) reported a notable beat on the profit line in its first-quarter results, although management's operating profit outlook for the second quarter fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The...
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Questionable Strategy, Disappointing Report: Analysts React To Bed Bath & Beyond's Q4 Earnings
Thursday, April 11, 2019 - 12:54pm | 537Home goods retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) on Wednesday reported fiscal fourth-quarter results that came in better than expected, but guidance for the coming year disappointed. Here is a summary of how some of the Street's top analysts reacted to the print and guide. The...
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Boeing Is Feeling The Pressure
Monday, April 8, 2019 - 12:20pm | 530Boeing Co (NYSE: BA) announced it will lower production of its 737 Max 8 planes from 52 units per month to 42 per month. BofA No Longer A Bull Bank of America's Ronald Epstein downgraded Boeing's stock from Neutral to Buy with a price target lowered from $480 to $420. The analyst says...
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Analysts Raving About Lululemon's Big Quarter
Thursday, March 28, 2019 - 2:09pm | 535Lululemon Athletica inc. (NASDAQ: LULU) shares are trading higher after reporting impressive fourth-quarter earnings Wednesday. According to a NPD Consumer panel, the athleisure-brand sold more women’s activewear in the U.S. last quarter than Nike Inc (NYSE: NKE). The Analysts Cowen analyst...
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Bon Appétit: The Street Has Mostly Bullish Reaction To Darden's Q3
Friday, March 22, 2019 - 4:28pm | 800Olive Garden's parent company Darden Restaurants, Inc. (NYSE: DRI) reported Thursday with a top-and-bottom line beat in its fiscal third quarter results and lifted its full-year 2019 outlook. The following is a roundup of the Street's reaction. The Analysts Morgan Stanley's...
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Starbucks Revamps Rewards Program
Wednesday, March 20, 2019 - 11:42am | 499Starbucks Corporation (NASDAQ: SBUX) Rewards loyalty program members will soon be able to earn rewards immediately after joining the program, the coffee chain said Tuesday. The Details The changes to Starbucks Loyalty Rewards, which has 16 million members, will become effective April 16...
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The Street Agrees: Buy Ulta Beauty On Q4 Earnings Beat
Friday, March 15, 2019 - 12:40pm | 619Retailer Ulta Beauty Inc (NASDAQ: ULTA) reported fourth-quarter results that came in better than expected, including a 9.4-percent same-store sales increase versus expectations of 7.9 percent. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Credit...
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Roku Gains Support, Needham Names Stock 'Top Pick' For 2019
Thursday, March 14, 2019 - 9:48am | 537Shares of Roku Inc (NASDAQ: ROKU) plummeted Wednesday after Loop Capital downgraded the stock. The bull-bear debate continues with two analysts offering opposing views. The Analysts Needham's Laura Martin maintains a Buy rating on Roku with a price target lifted from $65 to $85. The analyst...
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Street Reacts To Dick's Sporting Goods Q4 Earnings, Stock Drop: Stay On The Sidelines
Wednesday, March 13, 2019 - 10:34am | 937Retailer Dicks Sporting Goods Inc (NYSE: DKS) on Tuesday morning reported fourth-quarter results that came in better than expected. Gross margins fell during the quarter and management offered concerning guidance for 2019. Here is a summary of how some of the Street's top analysts reacted to...
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What's Next For Nvidia And Mellanox?
Tuesday, March 12, 2019 - 5:00pm | 724GPU inventor NVIDIA Corporation (NASDAQ: NVDA) reached an agreement to acquire Israel-based Mellanox Technologies, Ltd. (NASDAQ: MLNX), a supplier of smart interconnect solutions and services for servers and storage for $125 per share. Several more Street analysts have offered their take. The...
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Boeing Investors Pull Back As More Countries Ground 737 Max
Tuesday, March 12, 2019 - 1:30pm | 846Pressure increased Tuesday on aircraft maker Boeing Co. (NYSE: BA) and the airlines that fly its planes as several regulatory agencies around the globe grounded its 737 Max 8 in the wake of an Ethiopian Airlines crash that killed 157 people. Investors in the world’s largest plane...