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Barclays Says It's Time To Reconsider General Electric's Stock
Monday, October 8, 2018 - 10:20am | 428Read More...It’s been a year to forget for General Electric Company (NYSE: GE) investors, but one Wall Street analyst say the phoenix may soon rise from the ashes. The Analyst Barclays analyst Julian Mitchell upgraded GE from Equal-Weight to Overweight and reiterated his price target of $16. The Thesis...
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Tesla Meets Its Model 3 Production Goal, But Analysts Remain Largely Bearish
Wednesday, October 3, 2018 - 5:23pm | 920Read More...Tesla, Inc. (NASDAQ: TSLA), for the first time since Model 3 production began, has met its production goal. The automaker known for its autonomous technology and futuristic vision shared the good news Tuesday after a difficult stretch for the company, but it wasn't enough to move the stock out...
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Barclays Downgrades Intel, Says Chipmaker Faces 'Costly Battle' With AMD For Market Share
Monday, October 1, 2018 - 9:30am | 586Read More...The rivalry between Intel Corporation (NASDAQ: INTC) and Advanced Micro Devices, Inc. (NASDAQ: AMD) is intensifying, with bigger rival Intel likely to cede share to smaller competitor AMD, according to Barclays. The Analyst Analyst Blayne Curtis downgraded Intel from Neutral to...
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Tesla Analysts Weigh In On Musk's SEC Lawsuit
Friday, September 28, 2018 - 12:52pm | 1053Read More...The Securities and Exchange Commission accused Tesla Inc (NASDAQ: TSLA) CEO Elon Musk of fraud in a lawsuit filed Thursday after determining Musk’s take-private tweets were “false and misleading.” The regulators are seeking orders to bar Musk from company leadership and...
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Sell-Side Overwhelmingly Bullish On Nike Despite Post-Earnings Pullback
Wednesday, September 26, 2018 - 1:52pm | 552Read More...Nike Inc (NYSE: NKE) shares are down despite reporting a first-quarter beat that has the company on track to do roughly $40 billion in sales in 2019. The Analysts Weigh In Stifel analyst Jim Duffy said Nike’s first quarter was a strong start to the year that showcased acceleration in...
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Oracle Shares Look Inexpensive, Barclays Says After Q1 Earnings Beat
Tuesday, September 18, 2018 - 4:38pm | 413Read More...Oracle Corporation (NYSE: ORCL) reported Monday after the close with better-than-expected fiscal first-quarter earnings, while revenue fell short of estimates. The Analyst Barclays analyst Raimo Lenschow maintained an Overweight rating on Oracle with a $60 price target. The Thesis...
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Bullish Case For Costco, Sprouts Comes To An End At Barclays
Monday, September 17, 2018 - 12:27pm | 598Read More...The bullish case for food and staples retailers Costco Wholesale Corporation (NASDAQ: COST) and Sprouts Farmers Market Inc (NASDAQ: SFM) have come to an end at Barclays for valuation reasons. The Analyst Analyst Karen Short downgraded Costco from Overweight to Equal Weight with an unchanged $...
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Analysts Review Pivotal Software After Mixed Q2
Thursday, September 13, 2018 - 4:46pm | 477Read More...Pivotal Software (NYSE: PVTL) fell over 20 percent after the company's second-quarter print. Here's a roundup of how the sell-side reacted. The Analysts Credit Suisse analyst Brad Zelnick maintained an Outperform rating on Pivotal with a $25 price target. KeyBanc analyst Alex Kurtz...
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What's Behind The Divergence Between The US, Emerging Markets?
Wednesday, August 29, 2018 - 3:21pm | 1085Read More...After ending 2017 with a 19.4-percent gain, the S&P 500 Index is up about 6.9 percent year-to-date through Aug. 23, popping in and out of the record territory quiet often. The bull market that began in March 2009, marking a recovery from the post-financial crisis slump in 2008, now has the...
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Barclays Downgrades Hormel Foods After Undercooked Q3
Friday, August 24, 2018 - 2:24pm | 366Read More...Hormel Foods Corp (NYSE: HRL) reported lower-than-expected third-quarter sales Thursday. The Analyst Barclays' Benjamin Theurer downgraded Hormel Foods Corp. from Overweight to Equal Weight and left the price target unchanged at $38. The Thesis The downgrade comes due to weaker-than-...
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The Street Reaction To Splunk's Q2
Friday, August 24, 2018 - 1:16pm | 808Read More...Splunk Inc (NASDAQ: SPLK) reported Thursday its second-quarter results, which consisted of a top-and-bottom-line beat and encouraging guidance. Here's a summary of how some of the Street's top analysts reacted to the print. The Analysts Morgan Stanley's Melissa Franchi maintains an...
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Barclays, Macquarie Upgrade Nielsen Holdings On Elliott Management Stake, Likelihood Of Sale
Tuesday, August 14, 2018 - 11:33am | 463Read More...Nielsen Holdings PLC (NYSE: NLSN) has endured fundamental changes, leading sell-side analysts to dissect the data company's future. The Analysts Barclays analyst Manav Patnaik upgraded Nielsen Holdings from Underweight to Equal Weight with a price target lifted from $21 to $27...
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Musk Name-Drops Advisors, Tesla Forms Committee To Evaluate Potential Go-Private Deal
Tuesday, August 14, 2018 - 11:00am | 551Read More...Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk revealed Monday he is working with two major banks to take Tesla private, and Tesla announced it has created a formal committee to look into whether going private at $420 per share is in the best interest of Tesla stockholders. What Happened? Elon Musk...
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Barclays On Bank Ozk: New Name, New Bearish Stance
Monday, August 13, 2018 - 1:57pm | 461Read More...Bank of the Ozarks' name change to Bank Ozk (NASDAQ: OZK) was supposed to signal the company's evolution from a regional Arkansas community bank to a much larger entity with a national lending business. That's not the case, as the bank's growth hasn't played out as hoped,...
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Barclays Names 4 Reasons To Be Cautious On Zynga
Thursday, August 9, 2018 - 11:25am | 470Read More...Mobile game maker Zynga Inc (NASDAQ: ZNGA) deserves plenty of credit for nearly tripling its EBITDA in 2017 and and improving its cash flow, according to Barclays — but a bearish thesis is still warranted, according to Barclays. The Analyst Barclays' Ryan Gee initiated coverage of Zynga...
















