UBS Securities

Tech stocks have seen a correction in September with the Nasdaq 100 index declining 5.7%, the biggest pullback since coronavirus led decline March. However, history suggests that tech stocks could rebound to new highs in 2021 according to UBS analysis, reports the Financial Times. UBS...

Shares of Chinese e-commerce company JD.Com Inc (NASDAQ: JD) are trading in record territory for the second straight session, thanks to strong first-quarter results. The JD.com Analysts Stifel analyst Scott Devitt maintained a Neutral rating on JD.com and raised the price target from $43 to $50....

Teva Pharmaceutical Industries Ltd (NYSE: TEVA), which is beset by fundamental and legal woes, is entering a recovery phase, according to UBS Securities. The Teva Analyst Analyst Kevin Caliendo upgraded Teva from Neutral to Buy and lowered the price target from $14 to $12.  The Teva Thesis...

Shares of Workday Inc (NASDAQ: WDAY) are sharply lower despite the company reporting forecast-beating fourth-quarter results on Thursday.  The Workday Analysts Needham analyst Scott Berg maintained a Buy rating on Workday with a $250 price target.  Morgan Stanley analyst Keith Weiss...

Facebook Inc. (NASDAQ: FB) keeps warning about looming headwinds for its stock because of concerns about how it deals with users' privacy. But Facebook's revenue and user base just keep growing. Investors appeared to share Facebook's more cautious outlook on Thursday, selling...

NVIDIA Corporation (NASDAQ: NVDA) reported mixed quarterly numbers, with the third-quarter results exceeding expectations, while the fourth-quarter revenue guidance was light. The Analysts Bank of America analyst Vivek Arya reiterated a Buy rating on Nvidia and raised the price target from $250 to...

Advance Auto Parts, Inc. (NYSE: AAP) turned in a disappointing second quarter Tuesday as car repair DIY-ers put off fixes due to bad weather. But sell-side analysts said the sun is coming back out for both the auto parts chain and its customers.  Same-store sales growth was flat,...

Sell-side analysts remain mostly optimistic about the long-term possibilities for QUALCOMM, Inc. (NASDAQ: QCOM) once the switch to 5G cell phone technology gets really going, despite a drop in share price, short-term headwinds from 4G sales and questions about royalties and legal issues. The...

While investors were selling off shares of Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) Monday in the wake of reports of an impending antitrust investigation, UBS Securities downplayed the threat to the stock.  The Analyst Eric Sheridan reiterated a Buy rating on Google with a $1,420 price...

Nio Inc (NYSE: NIO) shares were falling Wednesday morning after the Chinese electric vehicle maker reported a first-quarter loss and expectations for lower sales. While Nio saw a drop in sales volume in the first quarter, the weak results and soft outlook were generally expected, according to...

Lowe's Companies Inc (NYSE: LOW) stock finished the week 11.7-percent lower after the retailer reported lackluster earnings and cut full-year guidance Wednesday due to gross margin weakness. Sell-side analysts said the gross margin problem — which the company blamed on...

Target Corporation (NYSE: TGT)'s strong sales numbers have the sell-side bullish, with particular interest in the legacy retailer’s addition of digital order fulfillment to its apparent strengths. Target beat analysts' estimates on both earnings and sales in its first quarter report...

The craft beer market is getting crowded with new brews showing up and taking share away from established craft brewers. So, the recent decision by Boston Beer Company Inc (NYSE: SAM) to get even deeper into an increasingly competitive industry by buying another craft brewery is curious, says UBS...

Broadcom Inc (NASDAQ: AVGO) shares are seeing a nice lift following the release of its fiscal first-quarter results. The Analysts UBS Securities analyst Timothy Arcuri maintained a Buy rating for Broadcom and raised the price target from $275 to $300. Raymond James analyst Chris Caso reiterated a...

Pivotal Software Inc (NYSE: PVTL) reported Thursday after the market close with a narrower-than-expected loss for its fourth quarter, while revenue trailed expectations. The company issued downbeat guidance for the first quarter and fiscal 2020. The Analysts Wedbush analyst Daniel Ives...