Bernstein

Allergan plc (NYSE: AGN) shares popped 5.6 percent Thursday on news of a possible stake by Carl Icahn. Attention from the activist investor would heighten the pressure for a strategic shift that's already being applied by Appaloosa and Senator Investment Group. The Rating Bernstein...

What impact will higher than previously expected oil prices have on the North American oil field services sector? Investors can expect continued revenue growth for companies over time as oil prices should sustain levels north of $70 per barrel, according to Bernstein.  The Analyst Bernstein...

Apple Inc. (NASDAQ: AAPL) won Street experts over with the debut of dozens of small service tweaks Monday at the 2018 Worldwide Developers Conference. “Today's software announcements only strengthen Apple's ecosystem, allowing for unique user experiences (such as AR functionality),...

After 40 years at Starbucks Corporation (NASDAQ: SBUX), founder Howard Schultz announced he is leaving the company later this month. Starbucks stock dipped 3 percent Tuesday following the announcement, and several Wall Street firms weighed in on the potential impact on the coffee chain. Here’...

Virtually all of the S&P 500 companies have posted earnings this season, and the figures have certainly skewed positive. As of June 1, 78 percent of S&P firms reported earnings above consensus estimates, and 76 percent have reported greater sales than expected. A strong earnings season may...

Lululemon Athletic inc. (NASDAQ: LULU) reported a "home run" earnings report Thursday, but Bernstein questions the sustainability of the athletic apparel maker's momentum. The Analyst Bernstein's Jamie Merriman maintains a Market-Perform rating on Lululemon's stock with...

The love triangle between Twenty-First Century Fox (NASDAQ: FOXA), Walt Disney Co (NYSE: DIS) and Comcast Corporation (NASDAQ: CMCSA) has made waves on Wall Street and in the media sector. Comcast’s seemingly puzzling decision to bid for Fox only makes sense if investors think a decade...

Splunk Inc (NASDAQ: SPLK) reported Thursday with a first-quarter non-GAAP loss per share of 7 cents on revenue of $311.6 million, up 37 percent year-over-year. The results exceeded consensus expectations, which called for a loss of 9 cents on revenue of $297.67 million. The revenue guidance...

A little over a year ago, Colgate-Palmolive Company (NYSE: CL) confessed it was considering selling itself. Nothing came of the remarks except the Street’s short-lived speculation of suitors, but one analyst suspects a near-term revival of talk around strategic alternatives. The Rating...

Amazon.com, Inc. (NASDAQ: AMZN) investors are always on the lookout for the company’s next disruptive business, and some believe it could be parcel delivery. Amazon Flex is not a major threat to United Parcel Service, Inc. (NYSE: UPS) and FedEx Corporation (NYSE: FDX), according to Bernstein...

Celgene Corporation (NASDAQ: CELG) is down about 35 percent year-over-year, and as management resists challenges to critical Revlimid patents, analysts are at odds about where the stock could head from here. The Ratings Bernstein analyst Aaron Gal upgraded Celgene from Market-Perform to...

Tesla Inc (NASDAQ: TSLA) projects positive net income and free cash flow in the third quarter. While most on the Street regard the goal with disbelief, Bernstein is more open-minded. The Rating Bernstein analyst Toni Sacconaghi Jr. maintained a Market Perform rating on Tesla with a $265 price...

CBS Corporation (NYSE: CBS)'s ongoing boardroom drama revolving around a potential merger with Viacom, Inc. (NASDAQ: VIAB) will likely continue to unfold and create volatility in shares — but that doesn't mean investors shouldn't be aggressive on the stock,...

Retailers issued a barrage of quarterly reports this week that for the most part reinforced the sell-side's prior ratings.  Here are some of the analyst's reactions.  JCPenney's 'Disappointing' Quarter  J C Penney Company Inc (NYSE: JCP) missed Street estimates...

CBS Corporation (NYSE: CBS)'s move to sue its parent company, National Amusements, brings the likelihood of a combination with Viacom, Inc. (NASDAQ: VIAB) from around 80 percent to "almost 0 percent," according to Bernstein. The Analyst Bernstein's Todd Juenger upgraded CBS...