axiom

Many experts, at first, were unsure of the validity behind Facebook Inc (NASDAQ: FB)'s strategic argument of acquiring Oculus Rift. The virtual reality company bought by Facebook in March of 2014 was an effort to enhance Facebook’s entertainment, communications and gaming business. Axiom...

Following a challenging 2015, Yelp Inc (NYSE: YELP) has outperformed expectations for two consecutive quarters and raised its full year 2016 guidance twice already. Axiom’s Victor Anthony upgraded the rating from Hold to Buy, with a price target of $44. Improving Business Momentum...

Axiom’s Victor Anthony expressed continued confidence in the longer-term opportunity for Tinder and the ability of Match Group Inc (NASDAQ: MTCH) to dominate the dating category. Anthony maintains a Buy rating on the company, with a price target of $18. Strong Execution “Match Group...

Alphabet Inc (NASDAQ: GOOGL) reported its 2Q16 revenues and EPS ahead of expectations on accelerating ad growth and margin expansion, Axiom’s Victor Anthony said in a report. He maintained a Buy rating on the company, while raising the price target from $970 to $990. Alphabet reported 2Q...

Facebook Inc (NASDAQ: FB) displayed strong 2Q16 results, with the metrics beating the estimates across the board and ex-FX advertising revenue growth coming in at 63 percent. Axiom’s Victor Anthony maintains a Buy rating on the company, while raising the price target from $155 to $160. Stock...

United States Steel Corporation (NYSE: X) reported its second-quarter results after Tuesday's market close, which proved to be better than expected. United States Steel wasn't alone in reporting a better-than-expected earnings report, and many of its peers also surprised to the upside. Benzinga...

Twitter Inc (NYSE: TWTR) has now provided its revenue guidance below the estimates for three consecutive quarters, while there is limited visibility into a reacceleration in advertising growth. Axiom’s Victor Anthony downgraded the rating on the company from Buy to Hold, while lowering...

Match Group Inc (NASDAQ: MTCH) is scheduled to report its 2Q results on July 26, and is likely to report robust numbers, with Tinder maintaining its leadership, Axiom’s Victor Anthony said in a report. He reiterated a Buy rating on the company, with a price target of $18. Analyst Victor...

Shares of United Rentals, Inc. (NYSE: URI) surged more than 8 percent in the pre-market hours after better-than-expected quarterly results and reiteration of 2016 forecast. The company's second-quarter adjusted EPS of $2.06 handily beat Street view of $1.82 and revenue of $1.42 billion also topped...

China's economy has been struggling to capture meaningful footing in the past few years. Sure, the country reported GDP numbers which look great when held relative to an educated guess. 6.7 percent growth is meaningful and it's even appealing when one considers the investment fortitude...

Home price growth in China is now declining, and this is an industry-wide headwind for the steel sector. Gordon Johnson of Axiom, a research firm that specializes in metals, mining and mining equipment, commented in a note on Tuesday that the declining home price growth in China "should give pause...

Victor Anthony of Axiom said due to competitive headlines of late, an entry point is emerging for Pandora Media Inc (NYSE: P). The analyst maintains his position that Pandora is an acquisition target, and he feels a sale price above $20 seems reasonable. Chatter In The Space The expansion of on-...

Victor Anthony of Axiom Capital said Pandora Media Inc (NYSE: P) is still a takeover target, and a price of above $20 "seems reasonable." Anthony also upgraded the stock to Buy from Neutral, saying that there is a greater probability of "Pandora building a successful and differentiated on-demand...

Trina Solar Limited (ADR) (NYSE: TSL) reported 1Q16 revenue and EPS of $816.9mn and $0.25, respectively, beating consensus expectations of $777.0mn and $0.23. Axiom’s Gordon Johnson maintained a Sell rating for the company, while reducing the price target from $6 to $4. The analyst expects...