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Why Would Anyone Buy Abercrombie?
Thursday, May 11, 2017 - 3:07pm | 437Read More...Abercrombie & Fitch Co. (NYSE: ANF) is up for sale, but Wunderlich Securities can’t figure out why anyone would want to buy the struggling retailer. The iconic teen brand is in preliminary talks for a potential transaction after receiving interest from “several parties.” The...
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Why Parting Ways With Macy's Just Gave Tailored Brands A Shot Of Credibility
Thursday, May 4, 2017 - 3:13pm | 365Read More...With the recent announcement of leaving a partnership with Macy’s Inc (NYSE: M), Tailored Brands Inc (NYSE: TLRD) may see a step forward in credibility, according to Wunderlich Securities. The tuxedo rental company announced the parting of ways right in the middle of wedding season,...
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Compelling Value Seen In Shares Of Halcon Resources
Tuesday, November 15, 2016 - 11:07am | 276Read More...Wunderlich Securities has upgraded Halcon Resources Corporation (NYSE: HK) to Buy from Hold, saying the recent weakness offers a good entry point given the company's solid assets, potential successes of an M&A strategy and a compelling valuation. Upgrade Justification The upgrade comes...
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Symantec Attempting To Transition From Bulky Backup Company To Next-Gen Security Provider
Tuesday, September 13, 2016 - 1:27pm | 365Read More...Wunderlich Securities thinks Symantec Corporation (NASDAQ: SYMC) has spent more money in the last few years on transforming itself to next-generation security provider. Earlier, the company was restricted to backup and bulky legacy security. Analysts Bill Choi and Ryan MacDonald believe the...
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Why Wunderlich Endorses Microsoft's LinkedIn Acquisition
Tuesday, June 14, 2016 - 9:01am | 428Read More...Wunderlich Securities is positive on Microsoft Corporation (NASDAQ: MSFT)'s acquisition of LinkedIn Corp (NYSE: LNKD), saying that the embedding of LinkedIn products into MSFT's Office 365 and Dynamics CRM "could be transformative for the HCM (Human Capital Management) market in the next few years...
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Taking The Plunge On Vera Bradley: Should You?
Thursday, March 24, 2016 - 2:55pm | 426Read More...Wunderlich Securities has upgraded handbag maker Vera Bradley, Inc. (NASDAQ: VRA) to Buy from Hold and raised its price target to $24 from $15. Subsequently, the stock jumped roughly 7 percent. "We believe the company is nearing the next major round of upside catalysts which will amply demonstrate...
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6 Rate-Sensitive Stocks Worth Considering Before FOMC Hikes
Tuesday, June 30, 2015 - 8:36am | 507Read More...Analysts at Wunderlich Securities are looking for the Federal Reserve to start raising interest rates in September 2014, followed by 25bps of hikes every other meeting by year-end 2016. That accounts for roughly 150bps of hikes. Across the sector, Wunderlich's Kevin Reynolds said that...
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Wunderlich Mortgage REIT Update: 5 Big Moves Since April
Tuesday, June 23, 2015 - 8:25am | 841Read More...On June 22, Wunderlich Securities analyst Merrill Ross published a research update on 13 mREITs under coverage by the firm. Overall, Ross is not a fan of the sector right now, giving mREITs an Underweight recommendation, noting "a dim look for multiple expansion," and mREIT dividends...
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What You Don't Know About Banks Could Fill A Book
Saturday, June 13, 2015 - 8:27am | 1032Read More...One of the best lessons you can learn is that there are plenty of people out there that are smarter than you. In order to be successful, one much learn to set aside ego and be smart enough to listen to them. Back in 1946, two brothers chipped in to buy a hotel in Lakewood, New Jersey. With an eye...
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Wunderlich: These Tech Companies Deserve Attention
Tuesday, June 9, 2015 - 3:08pm | 1387Read More...Analysts at Wunderlich Securities must have been playfully humming along while initiating coverage of 16 technology stocks this morning. At least, that's what the song-inspired titles to each note seem to suggest. In total, the analysts are bullish on next-generation technology companies,...
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Wunderlich: 'Come Sail Away' With Oracle, Initiates At Hold
Tuesday, June 9, 2015 - 9:26am | 226Read More...In a report published Tuesday, Wunderlich analyst Rob Breza initiated coverage of Oracle Corporation (NYSE: ORCL) with a Hold rating and $47 price target. The analyst believes that "Oracle is aggressively transforming the cloud with its Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (...
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Wunderlich Starts Adobe At Hold, Notes 'Limited Upside Potential' And $90 Target
Tuesday, June 9, 2015 - 9:11am | 245Read More...In a report published Tuesday, Wunderlich analyst Rob Breza initiated coverage of Adobe Systems Incorporated (NASDAQ: ADBE) with a Hold rating and $90 price target. "Adobe remains dominant in its core creative market category with little to no true platform competition and, with the subscription...
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Wunderlich Initiates Salesforce At Buy, Says 'The Force Will Be With You'
Tuesday, June 9, 2015 - 9:07am | 244Read More...In a report published Tuesday, Wunderlich analyst Rob Breza initiated coverage of salesforce.com, inc. (NYSE: CRM) with a Buy rating and $85 price target. The company offers the unique advantage of a subscription/delivery platform combined with unbilled and billed backlog visibility. While...
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FireEye Has 'Eye Of The Tiger,' Wunderlich Initiates At Buy
Tuesday, June 9, 2015 - 8:40am | 229Read More...In a report published Tuesday, Wunderlich analyst Rob Breza initiated coverage of FireEye Inc (NASDAQ: FEYE) with a Buy rating and $62 price target. The analyst believes that the company is well positioned, among the next-gen security companies, to address the needs of the "ever-changing threat...
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Vera Bradley Expected To Report 87.5% YoY Decline In Earnings
Tuesday, June 2, 2015 - 12:27pm | 460Read More...Shares of Vera Bradley, Inc. (NASDAQ: VRA) are surging on Tuesday, ahead of the announcement of the company’s first quarter (fiscal 2016) financial results, scheduled for Wednesday morning. However, expectations point towards the worst quarter –- in terms of earnings -- in at least...
