Bernstein

Amazon, Inc. (NASDAQ: AMZN) shares had a lukewarm showing in the first half of the year, but have since picked up steam. Ahead of the e-commerce giant's quarterly report, due after the market close on July 29, an analyst at Bernstein raised the possibility of near-term pressure on...

As comparables get far easier, Beyond Meat Inc’s (NASDAQ: BYND) guidance of a recovery in organic growth for the second quarter bodes well for the back half of the year, according to Bernstein. The Beyond Meat Analyst: Alexia Howard upgraded the rating for Beyond Meat from Underperform...

Analog Devices, Inc. (NASDAQ: ADI) seems poised to benefit in the near to medium term given continued strong demand, as well as a possible uptrend in communications in the back half of the year and the growing electric vehicles (EV) space, according to Bernstein. The Analog...

Tesla, Inc. (NASDAQ: TSLA) shares were trading lower Tuesday despite the electric vehicle manufacturer reporting better-than-expected results for its fiscal year 2021 first quarter. The tepid investor reaction to the earnings report may have to do with the fact that the company's...

The risk/reward is beginning to look more favorable for IBM (NYSE: IBM), Bernstein analyst Toni Sacconaghi said Tuesday on CNBC's "Squawk On The Street." Sacconaghi said he had been "more on the cautious side" about IBM in the past because the company failed...

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) shares are worth more than the current Street-high price target of $3,000, according to an analyst at Bernstein. The Alphabet Analyst: Bernstein analyst Mark Shmulik maintained an Outperform rating and $2,500 price target for Alphabet shares. The...

Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) shares have come under selling pressure recently, given investor concern regarding diversity in the pipeline for this cystic fibrosis-focused biopharma. The Vertex Analyst: Bernstein analyst Analyst Vincent Chen initiated coverage of Vertex with...

The battering Amazon.com, Inc. (NASDAQ: AMZN) shares took in the recent tech sell-off has led one analyst at Bernstein to turn bullish on the e-commerce giant's stock. The Amazon Analyst: Mark Shmulik upgraded shares of Amazon from Market Perform to Outperform and maintaining a $3,400 price...

Alibaba Group Holding Ltd’s (NYSE: BABA) subsidiary Ant Financial has upsized its initial public offering valuation target by $25 billion to $250 billion, seeking to raise $35 billion, Bloomberg reported late Sunday. The financial services company, expecting to raise $30...

Apple Inc. (NASDAQ: AAPL) reported stellar third-quarter results that propelled the stock to a record high. An analyst at Bernstein says further gains are in the offing for Cupertino.  The Apple Analyst: Toni Sacconaghi maintained a Market Perform rating on Apple with a $400 price...

Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) reported second-quarter results as sales came in better than expected but showed a sequential slowdown in growth. Bernstein analyst Alexia Howard maintains a Market Perform rating on Beyond Meat's stock with a price target lifted from $...

Qualcomm, Inc. (NASDAQ: QCOM) is an interesting option for investors willing to look beyond the pandemic for a 5G pure play, according to Bernstein. The Qualcomm Analyst: Stacy Rasgon upgraded Qualcomm from Market Perform to Outperform and raised the price target from $105 to $135. The...

Notwithstanding Tesla Inc's (NASDAQ: TSLA) recent strong fundamental performance, Wall Street analysts have invariably raised concerns regarding its meteoric valuation. The Tesla Analyst: Bernstein's Toni Sacconaghi downgraded Tesla from Market Perform to Underperform and maintained the...

Bernstein upgraded plant-food maker Beyond Meat Inc (NASDAQ: BYND) back in November, but is moving back to the sidelines due to valuation concerns. The Analyst Alexia Howard downgraded Beyond Meat from Outperform to Market Perform with an unchanged $106 price target. The Thesis Beyond Meat's...

Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) continues to work with McDonald's Corp (NYSE: MCD) in testing a "PLT" sandwich in Canada. Under a "blue-sky" scenario, total revenue can increase from $280 million in 2019 to around $910 million in 2021, according to...