-
MasterCard, Visa Investors: Goldman Says Macro Data More Predicative Than Retailer Data
Tuesday, May 31, 2016 - 8:49am | 446Read More...Following weak results reported by certain retailers over the past weeks, there are concerns over whether this indicates a softening of volumes at Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA), Goldman Sachs’ James Schneider said that macro data points are a better indicator of payment...
-
Goldman Sachs Says Blockchain Could Drive Airbnb To Top Spot For Lodging By 2020
Friday, May 27, 2016 - 7:22am | 496Read More...Earlier this week, Goldman Sachs' James Schneider and his team published their views on blockchain technology. Blockchain is a type of environment that acts like "a shared digital ledger of transactions recorded and verified across a network of participants in a tamper-proof chain that...
-
Square's Stock Should Recover: Here's Why
Friday, May 6, 2016 - 9:58am | 316Read More...Square Inc (NYSE: SQ) reported robust 1Q16 results, with the adjusted revenue of $146 million well ahead of the estimate and the consensus. Goldman Sachs’ James Schneider maintains a Buy rating on the company, with a price target of $15. “We maintain our Buy rating despite the pullback...
-
Goldman Looks At This Week's Options Activity In Apple, Seagate And Visa
Wednesday, April 13, 2016 - 7:54am | 715Read More...Low earnings expectation, combined with stocks moving more on earnings than on the non-earnings period, makes it more attractive to own options around earnings. Goldman Sachs’ Katherine Fogertey identified three important stocks for which “volatility is most underpriced relative to...
-
Watch Out For A Pullback In IBM
Monday, April 11, 2016 - 9:40am | 303Read More...International Business Machines Corp. (NYSE: IBM) is scheduled to report its 1Q results on April 18. Goldman Sachs’ James Schneider maintained a Neutral rating on the company, while raising the price target from $135 to $138. 1Q Expectations “Given the sustained business...
-
Goldman Removes Vantiv From Buy List, Downgrades To Neutral
Friday, April 1, 2016 - 11:10am | 325Read More...Shares of Vantiv Inc (NYSE: VNTV) fell more than 2 percent after Goldman Sachs removed the stock from Americas Buy List and downgraded to Neutral as it sees less upside in the stock at 6%, below average coverage upside of 10 percent. However, Goldman said there is no change to its constructive...
-
Goldman Sachs Upgrades Fidelity National Information Services To Buy
Friday, April 1, 2016 - 10:07am | 249Read More...While shares of Fidelity National Information Services (NYSE: FIS) are trading near trough valuation, the company is poised for revenue growth acceleration in 2016. Goldman Sachs’ James Schneider upgraded the rating for the company from Neutral to Buy, while raising the price target from $...
-
PayPal Investors Overreacted To Apple Pay News, Says Goldman Sachs
Monday, March 28, 2016 - 7:59am | 283Read More...Goldman Sachs' James Schneider said the 3.5 percent decline in Paypal Holdings Inc (NASDAQ: PYPL) shares appears to be overdone, since the company’s medium-term growth trajectory is not impacted by the recent update on Apple Pay. There are reports suggesting that Apple Inc. (NASDAQ:...
-
Goldman: Here's What Payment Services Investors Are Asking Us
Tuesday, December 15, 2015 - 12:02pm | 584Read More...Shares of Visa Inc (NYSE: V), SYSCO Corporation (NYSE: SYY) and Cognizant Technology Solutions Corp (NASDAQ: CTSH) are up year-to-date, while shares of VeriFone Systems Inc (NYSE: PAY) are down 32 percent. Goldman Sachs’ James Schneider discussed the top five questions asked by payment...
-
Goldman Says It Will Be 'Constructively Biased' On IBM If This Happens
Monday, September 21, 2015 - 2:29pm | 421Read More...Shares of International Business Machines Corp. (NYSE: IBM) have lost nearly 25 percent year to date. James Schneider of Goldman Sachs initiated coverage of IBM with a Neutral rating and $160 price target. Schneider said it is "too early" to be positive on the stock but he could be "...
-
UPDATE: Goldman Sachs Upgrades Avago Technologies on Confidence in Further Outperformance
Friday, October 18, 2013 - 9:24am | 146Read More...In a report published Friday, Goldman Sachs analyst James Schneider upgraded the rating on Avago Technologies Ltd. (NASDAQ: AVGO) from Buy to Conviction List-Buy, and raised the price target from $48.00 to $54.00. In the report, Goldman Sachs noted, “We are adding Avago to the Americas Conviction...
-
UPDATE: Goldman Sachs Upgrades Microchip Technology on Late-Cycle Outperformance, Construction Exposure
Tuesday, September 24, 2013 - 9:31am | 157Read More...In a report published Tuesday, Goldman Sachs analyst James Schneider upgraded the rating on Microchip Technology (NASDAQ: MCHP) from Neutral to Buy, and raised the price target from $42.00 to $46.00. In the report, Goldman Sachs noted, “We are upgrading Microchip to Buy as we believe the Street is...
-
UPDATE: Goldman Sachs Downgrades Broadcom Following Recent Setbacks
Monday, August 12, 2013 - 11:08am | 157Read More...In a report published Monday, Goldman Sachs analyst James Schneider downgraded Broadcom (NASDAQ: BRCM) from Conviction List Buy to Neutral, and lowered the price target from $36.00 to $30.00. In the report, Goldman Sachs noted, “We downgrade Broadcom to Neutral from Buy. Our Buy thesis had been...
-
UPDATE: Goldman Sachs Downgrades SanDisk on Multiple Challenges Ahead
Tuesday, July 30, 2013 - 8:47am | 162Read More...In a report published Tuesday, Goldman Sachs analyst James Schneider downgraded SanDisk (NASDAQ: SNDK) from Buy to Neutral, but reiterated the $65.00 price target. In the report, Goldman Sachs noted, “We are downgrading SanDisk from Buy to Neutral for the following three key reasons: (1) We now...
-
UPDATE: Goldman Sachs Raises PT on Microchip Technology Following Results Preannouncement
Tuesday, June 4, 2013 - 11:08am | 135Read More...In a report published Tuesday, Goldman Sachs analyst James Schneider reiterated a Neutral rating on Microchip Technology (NASDAQ: MCHP), and raised the price target from $37.00 to $38.00. In the report, Goldman Sachs noted, “Microchip positively preannounced results on June 3rd. The company now...
