Bernstein

Paypal Holdings Inc (NASDAQ: PYPL) shares are down 3.7% in the past three days after the digital payment leader announced a $4 billion buyout of Honey Science Corporation on Wednesday. Even after the post-deal sell-off, some large option traders appear to have low expectations for PayPal over the...

If it's not polarizing, it's probably not coming from Elon Musk and Tesla Inc. (NASDAQ: TSLA). Tesla watchers once again can't agree, this time on Tesla's new "Cybertruck," unveiled to much fanfare on Thursday night. "Blade Runner Design Eye Popping," said one...

Beyond Meat Inc's (NASDAQ: BYND) stock peaked at nearly $240 per share in the summer and investors should be buyers of the dip, according to Bernstein. The Analyst Bernstein analyst Alexia Howard upgraded Beyond Meat's stock from Market Perform to Outperform with an unchanged $106...

Bernstein has launched coverage of the telecom, cable and satellite sector with a mostly positive outlook and bullish recommendations on several stocks. The Analyst Bernstein analyst Peter Supino initiated coverage of the industry with the following ratings and price targets: AT&T Inc. (NYSE: T...

Bernstein analyst Brandon Fletcher presented "compelling" evidence to support his downgrade of Costco Wholesale Corporation (NASDAQ: COST), but the analyst may have overlooked one major aspect of the business, according to CNBC's Jim Cramer. Cramer: Costco Has Final Say In Its Destiny...

Costco Wholesale Corporation (NASDAQ: COST) awarded investors over the past few years, but is now overvalued by "pretty much every measure," according to Bernstein. The Analyst Bernstein's Brandon Fletcher downgraded Costco from Market Perform to Underperform with a price target...

Grocery chain Kroger Co (NYSE: KR) is scheduled to report second-quarter results Sept. 12, and a poor performance could result in an activist investor taking interest in the name, according to Bernstein. The Analyst Brandon Fletcher maintained an Outperform rating on Kroger.  The Thesis...

Anheuser Busch Inbev NV (NYSE: BUD) sold its Australian beer assets to Japan's Asahi Group Holdings for $11.3 billion in enterprise value. According to one analyst, the parent company of Budweiser has other assets lined up for sale. What Happened Proceeds from the sale of AB InBev's...

Union Pacific Corporation (NYSE: UNP) reported second-quarter results which turned Raymond James incrementally bullish while Morgan Stanley maintained its bearish stance. The Analysts Raymond James' Patrick Tyler Brown maintains a Strong Buy rating on Union Pacific with a price target lifted...

Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) received its second analyst downgrade in as many days on Wednesday. The Analyst Bernstein's Alexia Howard downgraded Beyond Meat from Outperform to Market Perform with a price target lifted from $107 to $123. The Thesis Beyond Meat could...

Bernstein is bullish on the prospects for CVS Health Corp (NYSE: CVS), notwithstanding the headwinds facing pharmacy benefit managers, or PBMs, given the likelihood that the bulk of prescriptions may ultimately move online. The Analyst Analyst Lance Wilkes initiated coverage of CVS Health with an...

NVIDIA Corporation (NASDAQ: NVDA) has bounced back after a horrendous second half of 2018, but one Wall Street analyst said Monday that Nvidia is far from out of the woods. The Analyst Bernstein analyst Stacy Rasgon downgraded Nvidia from Outperform to Market Perform and lowered the price target...

The market had a muted reaction to TD Ameritrade Holding Corp. (NASDAQ: AMTD) earnings after the company reported better-than-expected EPS and 21 percent revenue growth in the most recent quarter. Expenses were down 2 percent, and adjusted operating margins were 54.6 percent on the quarter. Wall...

Tech giant IBM (NYSE: IBM) reported a fourth-quarter earnings beat and encouraging guidance for the full year 2019. With the stock still down 25 percent from a year ago, the Street isn't fully convinced "Big Blue" is at the beginning of a sustainable long-term turnaround. The...

Netflix, Inc. (NASDAQ: NFLX) customers will be paying as much as 18 percent more for their streaming video subscription and Street analysts were mostly optimistic on the move. What Benefit Will It Bring? Netflix's announced a price increase of 13 percent to 18 percent depending on the...