Bernstein

General Mills, Inc. (NYSE: GIS) reported Wednesday its fiscal second-quarter earnings print, which impressed investors as management reaffirmed the cereal maker's 2019 outlook. Here is a summary of how three of the Street's top analysts reacted to the print. Bank Of America: Cleared A '...

Open source solution provider Red Hat Inc (NYSE: RHT) on Monday reported its third-quarter results, but didn't host a conference call or offer guidance due to the already announced acquisition by IBM (NYSE: IBM). The Analysts KeyBanc Capital Markets' Alex Kurtz maintains a Sector Weight...

The bullish case for Dollar Tree, Inc. (NASDAQ: DLTR) "has finally come" after the company worked to erase the perception that its Family Dollar business is valued at zero, according to Bernstein. The Analyst Analyst Brandon Fletcher upgraded Dollar Tree's stock rating from...

Clorox Co (NYSE: CLX) earlier this week hosted a sell-side presentation. Here is a summary of how three analysts reacted to the event. The Analysts Wells Fargo's Bonnie Herzog maintains a Market Perform rating on Clorox with a price target lifted from $145 to $160. Raymond James' Joseph...

Bernstein dropped its bearish stance on Michael Kors Holdings Ltd (NYSE: KORS), but said risks remain.  The Analyst Analyst Jamie Merriman upgraded Michael Kors from Underperform to Market Perform. The Thesis Michael Kors has a more balanced risk-reward profile at current valuation levels,...

Tobacco stocks are facing an uphill battle when it comes to regulation and public perception, but one Wall Street analyst says tobacco companies have a long track record of success for investors. The Analyst Bernstein analyst Callum Elliott has initiated coverage of Philip Morris International Inc...

Take-Two Interactive Software Inc. (NASDAQ: TTWO) is the video game holding company responsible for the production of game franchises like "Grand Theft Auto" and "Bioshock." The company faces strong competition from Activision Blizzard, Inc. (NASDAQ: ATVI) and Electronic Arts...

NIO Inc (NYSE: NIO) notched a 10-percent pop in value shortly after its Wednesday debut on the U.S. markets. It continued to rise 2 percent ahead of the next trading session. In just a few hours, the Chinese electric vehicle company raised $1 billion, but the Baidu Inc (ADR) (NASDAQ: BIDU) and...

Cryptocurrencies, the star performers in 2017, haven't had the best run in 2018. Bitcoin, the widely traded and most popular crypto, is down about 54 percent year-to-date. It's against this backdrop that China's Bitmain Technologies, the leading bitcoin miner and mining hardware...

L Brands Inc (NYSE: LB) may have beaten estimates in its second-quarter report Wednesday, but shares are still reeling after the retailer cut its 2018 EPS estimate. The company's flagship Victoria's Secret appears to be stuck in its ways and struggling with a changing fashion consumer...

Tesla Inc (NASDAQ: TSLA) has been the talk of the town on Wall Street in recent weeks, and analysts are weighing in on Tesla and CEO Elon Musk’s controversial proposal to take the company private on a seemingly daily basis. Impressive Production Evercore ISI analyst George Galliers visited...

Tesla Inc (NASDAQ: TSLA)’s second act was far less dramatic than the first. With no name-calling, steady commentary and direct apologies from CEO Elon Musk, Cowen described the earnings call as “more humble [and] conciliatory” and “more civil” than the last one....

Nike Inc (NYSE: NKE) just keeps doing it. Shares of the world’s largest sportswear company are racing toward all-time highs after delivering a fourth-quarter earnings beat Thursday. Nike appears to emerged relatively unscathed from a severe management shakeup and pervasive ...

Amazon.com, Inc. (NASDAQ: AMZN) announced its acquisition of PillPack, an online pharmacy previously targeted by Walmart Inc (NYSE: WMT). The transaction is seen to advance Amazon’s health care campaign to the detriment of the vast and diverse sector. What It Means For Amazon Amazon had...

After rising about 17 percent in the last 12 months, Diageo plc (ADR) (NYSE: DEO)'s stock is unlikely to see any further notable upside, according to Bernstein. The Analyst Bernstein's Trevor Stirling downgraded Diageo from Outperform to Market-Perform with a price...