Guggenheim

Multiple sell-side analysts issued buy recommendations on LYFT Inc (NASDAQ: LYFT) Tuesday with the expiration of a waiting period for banks that worked on Lyft's IPO to offer advice on the stock. Lyft is down nearly 20 percent from its opening price of $72 in late March, so buy...

Facebook, Inc. (NASDAQ: FB) is looking to keep its 2019 momentum going when the social media giant reports first-quarter earnings on Wednesday afternoon. Here’s a look at what Wall Street is expecting from Facebook. The Numbers Analysts are expecting Facebook to report first-quarter EPS of $1...

Snap, Inc. (NYSE: SNAP) is looking to continue its red-hot 2019 when the company reports first-quarter earnings. Here’s a look at what Wall Street is expecting from Snap after Tuesday's closing bell. The Numbers Analysts are expecting Snap to report a first-quarter EPS loss of 12 cents....

The analysts covering Netflix Inc. (NASDAQ; NFLX) stock this week are much like a big family trying to figure out what to watch on the streaming service. Some are leaning strongly Bull (Durham) and a few are vociferously arguing for (Paddington) Bear. In between, there's some romance...

What does the ride-hailing landscape look like for newly public Lyft Inc (NASDAQ: LYFT)? Investors have a better idea now that its main competitor Uber is about to IPO, according to Guggenheim.  The Analyst Jake Fuller remains Neutral on Lyft.  The Thesis Uber filed an S-1...

T-Mobile US Inc (NASDAQ: TMUS) unveiled a part of its new strategy in the cable TV industry Wednesday, with the service scheduled to launch April 14 in eight markets. The latest announcement — which comes in the wake of Viacom (NASDAQ: VIA)'s content agreement — is...

Millions of Americans are putting the finishing touches on their taxes this week. A Guggenheim analyst said Thursday that within the next few years, many of them may be using TurboTax Live, which could dramatically boost shares of Intuit Inc. (NASDAQ: INTU). The Analyst Guggenheim’s Ken...

Despite the Street’s pre-IPO excitement, Lyft Inc (NASDAQ: LYFT) closed down 8.3 percent on its first day public. One analyst team shares the market’s hesitation. The Rating Guggenheim analysts Jake Fuller and Ali Faghri initiated coverage with a Neutral rating and no price target...

After a huge year in 2018, World Wrestling Entertainment, Inc. (NYSE: WWE) stock is off to another hot start in 2019. One Wall Street analyst said the best may be yet to come. The Analyst Guggenheim analyst Curry Baker reiterated his Buy rating and $105 price target for WWE. The Thesis After...

Guggenheim restarted coverage of the new Fox Corp. (NASDAQ: FOXA) with a bullish stance on the TV network company’s prospects for growth as much as the rest of the television world fractures in the face of streaming. The Analyst Guggenheim’s Michael Morris resumed coverage of Fox with a...

A move by T-Mobile Us Inc (NASDAQ: TMUS) to offer home broadband to some rural and underserved homes is aimed at boosting chances for a merger with Sprint Corp. (NYSE: S) and probably poses only a “muted threat” to cable companies, according to Guggenheim.  What Happened T-Mobile...

Fidelity National Information Servcs Inc (NYSE: FIS) this week announced a massive $34-billion buyout of e-commerce and payments company Worldpay, Inc. (NYSE: WP). The payment deal isn’t the first M&A announcement in the sector his year, and momentum could be growing for a major wave of...

Guggenheim initiated coverage of a trio of software companies Wednesday with a mostly bullish take on the outlook for the group. The Analyst Guggenheim analyst Ken Wong:  Initiated coverage of Wix.com Ltd (NASDAQ: WIX) with a Buy rating and $130 price target. Initiated HubSpot Inc (NYSE...

Shares of Adobe Inc. (NASDAQ: ADBE) were dropping Friday after the cloud software company issued disappointing second-quarter guidance, but sell-side analysts seemed less concerned. Reactions were mixed, with a couple reminding investors that Adobe’s core business is fine and continued growth...

American Express Company (NYSE: AXP) is up 17 percent year to date, and its optimism for a strong 2019 certainly made an impression at this week’s Investor Day. The Ratings Guggenheim analyst Jeff Cantwell maintained a Neutral rating on the stock, while Wells Fargo analyst Donald Fandetti...