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Palantir Gets Downgrade By Wolfe Research, But Here's Why The Stock Could Bounce
Wednesday, December 21, 2022 - 5:10pm | 486Palantir Technologies Inc (NYSE: PLTR) was popping up more than 2% higher on Wednesday, in tandem with the S&P 500, which was advancing by about 1.4%. Wolfe Research analyst Alex Zukin downgraded Palantir to Underperform from Peer Perform on Wednesday, noting the company may see...
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This Pinterest Analyst Sees Several Catalysts Ahead For 'Uniquely Attractive' Stock — Including Potential Acquisition
Wednesday, September 7, 2022 - 1:10pm | 425Wolfe Research sees a significant runway to long-term growth for Pinterest Inc (NYSE: PINS) under new management. What To Know: Wolfe Research analyst Deepak Mathivanan upgraded Pinterest from Peer Perform to Outperform on Tuesday and...
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DocuSign Stock Jumps After Q2 Earnings: 4 Analysts React To eSignature Momentum, Agreement Cloud Traction
Friday, September 3, 2021 - 5:23pm | 461Docusign Inc (NASDAQ: DOCU) shares traded higher by 5.1% on Friday after the company reported a second-quarter earnings beat and raised its guidance. On Thursday, DocuSign reported second-quarter adjusted EPS of 47 cents on $511.8 million in revenue. Both numbers beat consensus analyst estimates of...
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Wolfe Research Upgrades Square, Sees More Room To Run After Big 2020 Rally
Tuesday, September 29, 2020 - 10:27am | 272Despite the strong rally in Square Inc’s (NYSE: SQ) stock in 2020, there seems to be more room to run in most pandemic macro scenarios, according to Wolfe Research. The Square Analyst: Darrin Peller upgraded Square from Peer Perform to Outperform, while raising the price target from $160...
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Wolfe Research Conference Focuses On A Truckload Restart
Wednesday, May 20, 2020 - 4:30pm | 1289Trucking executives were on hand on May 19 to discuss freight markets at the 13th Annual Wolfe Research Global Transportation & Industrials Conference. The panel format covered topics like demand, pricing and a potential restart. Overview of freight trends U.S. Xpress Enterprices Inc (NYSE:...
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This Analyst Thinks It Could Get Worse For Kraft Heinz
Friday, March 29, 2019 - 12:26pm | 321Investors assuming Kraft Heinz Co (NASDAQ: KHC)'s business can't get any worse are likely wrong, according to Wolfe Research. The Analyst Wolfe Research's Scott Mushkin downgraded Kraft Heinz from Peer Perform to Underperform with a fair value price target lowered from $33 to $27. The...
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WWE's Stock Breaking Out As Company Ramps For WrestleMania
Thursday, March 14, 2019 - 5:15pm | 685Less than a month before WrestleMania 35 in East Rutherford, New Jersey, World Wrestling Entertainment, Inc. (NYSE: WWE) stock ripped higher Thursday after the company got its highest Wall Street price target yet. Wolfe Research Gets Bullish WWE's stock was up 3.5 percent to its highest...
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GE Grabs A Pair Of New Upgrades Following CEO Change
Tuesday, October 2, 2018 - 11:46am | 384After a big day of gains following an unexpected CEO transition, General Electric Company (NYSE: GE) received some more good news on Tuesday in the form of a pair of Wall Street upgrades. The Analyst Wolfe Research analyst Nigel Coe upgraded GE from Peer Perform to Outperform and raised his price...
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Fintech Wizard Yin Luo Mines The Human Language For Hidden Meanings
Monday, May 8, 2017 - 4:18pm | 605The words people use, the way they phrase things during conference calls, in reports or in regular conversations; all contain many of the quantitative keys that make Yin Luo such a highly respected analyst. “It’s called natural language processing, using computer algorithms to, for...
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Analyst: Expect A Retail Bloodbath This Year, And Amazon Not Immune
Thursday, April 20, 2017 - 4:13pm | 358Wolfe Research analyst Scott Mushkin just bucked the Street. Mushkin downgraded Amazon.com, Inc. (NASDAQ: AMZN) from Outperform to Peer Perform and dropped its 2017 and 2018 EPS estimates to $6.52 and $9.92, respectively. The average rating on the Street is a Buy, with three firms having initated...
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TransDigm's Special Dividend Is A Sweet Way To Start The New Year
Friday, October 7, 2016 - 7:37am | 345TransDigm Group Incorporated (NYSE: TDG) announced that it was considering a special dividend in the range of $1.1-$1.5 billion, and plans to finance this by increasing its existing term loan facility and cash on its balance sheet. Analyst Amy Allen of Wolfe Research expects the company to issue...
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Exxon Says, 'We Don't Do Write-Downs'; NY Attorney General Investigating Whether Or Not They Should
Friday, September 16, 2016 - 11:41am | 483Why is Exxon Mobil Corporation (NYSE: XOM) the only oil firm that doesn't write down the value of its assets? According to the Wall Street Journal, this is the exact same question that New York Attorney General Eric Schneiderman is asking. The Journal, citing "people familiar with the matter,"...
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Thursday's Analyst Action On U.S. Steel, Panera Bread And Others
Friday, July 29, 2016 - 9:07am | 485Earnings season is a busy time for investors, traders and especially Wall Street analysts. Here is a selection of some of the more notable Wall Street analyst calls from Thursday. U.S. Steel: Analysts Are Mixed Analysts at Bank of America downgraded United States Steel Corporation (NYSE: X) to...
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Why Airline Stocks Are Getting Killed
Wednesday, May 20, 2015 - 12:48pm | 505Airline stocks have absolutely collapsed on Wednesday. American Airlines Group Inc (NASDAQ: AAL), Southwest Airlines Co (NYSE: LUV), United Continental Holdings Inc (NYSE: UAL), Delta Air Lines, Inc. (NYSE: DAL) and Spirit Airlines Incorporated (NASDAQ: SAVE) are down more than 5 percent. The...
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Analyst: Watch The Cash Transfer From Big Oil To Big Airlines
Friday, March 20, 2015 - 11:19am | 488In a report published Friday, Wolfe Research analyst Hunter Keay suggested that after nearly a decade of airlines funding the oil industry, it appears the reverse could happen in 2015. Keya noted that U.S. airlines under his coverage are expected to return $9.9 billion to shareholders through...