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Lyft Analysts Largely Bullish As Quiet Period Ends
Wednesday, April 24, 2019 - 10:52am | 519Read More...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...
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Jefferies To Chipotle Investors: Take Some 'Chips Off The Table'
Thursday, April 11, 2019 - 11:36am | 340Read More...Shares of restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG) are up more than 60 percent in the first quarter alone and now may be a good time for investors to take "chips off the table," according to Jefferies. The Analyst Jefferies' Andy Barish downgraded Chipotle from Buy to...
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Jefferies: Yeti Is In The Early Stages Of Global Growth
Friday, March 22, 2019 - 3:48pm | 343Read More...One analyst is overwhelmingly bullish on YETI Holdings, Inc. (NYSE: YETI)'s future prospects. The Analyst Jefferies analyst Randal Konik reiterated a Buy rating and raised his price target from $35 to $40. The Thesis After conducting an analysis of search trends and store checks, the Yeti...
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Jefferies: Reward Potential In Nutanix Outweighs The Risk
Monday, March 11, 2019 - 12:05pm | 407Read More...Nutanix Inc (NASDAQ: NTNX), which is steadily transitioning to a recurring revenue model as it embarks on the journey toward becoming a pure software company, is a bankable investment, according to Jefferies. The Analyst Analyst John DiFucci upgraded Nutanix from Hold to Buy and maintained a...
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Jefferies Bearish On Tilray: 'The Stock Is Too Expensive For Its Outlook'
Friday, March 8, 2019 - 11:54am | 465Read More...Cannabis investors woke up to a negative sell-side take on Tilray Inc. (NASDAQ: TLRY) Friday, with Jefferies calling the Canadian company's valuation unjustified. The Analyst Jefferies analyst Owen Bennett initiated coverage of Tilray with an Underperform and $61 price target. The...
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Jefferies Sees Opportunity In Marinus Pharmaceuticals: 4 Reasons Why
Tuesday, March 5, 2019 - 3:51pm | 467Read More...Shares of Marinus Pharmaceuticals Inc (NASDAQ: MRNS), a micro-cap biotech focused on therapies for neuropsychiatric disorders, are likely to see upside amid some key near-term events, according to Jefferies. The Analyst Analyst Andrew Tsai initiated coverage of Marinus shares with a Buy...
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Jefferies Upgrades Citi To Buy, Sounds Optimistic Note On Latin American Business
Friday, February 22, 2019 - 4:31pm | 372Read More...Citigroup, Inc. (NYSE: C) has been a major market laggard over the past year, but one Wall Street analyst said Friday that Citi’s business will be turning the corner in 2019. The Analyst Jefferies analyst Ken Usdin upgraded Citigroup from Hold to Buy and raised the price target from $64...
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Jefferies Downgrades Ferroglobe On Pricing Pressures, Lack Of Catalysts
Thursday, February 14, 2019 - 11:15am | 352Read More...Although Ferroglobe PLC (NASDAQ: GSM) has been proactive in curtailing its silicon metal capacity to combat weak pricing, the measures don’t seem adequate, according to Jefferies. While high ore input costs may continue to pressure margins, the company also faces the risk of lower U.S....
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Jefferies Downgrades NuVasive, Says M&A Unlikely To Materialize
Tuesday, February 12, 2019 - 11:21am | 360Read More...Shares of NuVasive, Inc. (NASDAQ: NUVA) spiked after the Financial Times named the company as a potential acquisition target. A deal seems unlikely and, even if a bid is received, there is little opportunity of it being higher than $60 per share, according to Jefferies. The Analyst Jefferies...
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Guess Headed For North American Inflection, Jefferies Says In Upgrade
Thursday, February 7, 2019 - 4:58pm | 406Read More...Guess? Inc. (NYSE: GES) may be on the verge of a comeback. The Analyst Jefferies analyst Janine Sticher upgraded Guess from a Hold to a Buy and maintained a $24 price target. The Thesis Guess’ recent share pullback presents an opportunity to own one of the few remaining retailers with both...
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As Nike Rebounds, So Does Foot Locker, Says Bullish Jefferies
Friday, January 25, 2019 - 3:14pm | 468Read More...With the fourth quarter almost in the books, Jefferies sees several encouraging signs from Foot Locker, Inc. (NASDAQ: FL). The Analyst Jefferies analyst Janine Stichter maintains a Buy rating and raises her price target from $62 to $67. The Thesis Foot Locker’s business continues to...
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Electronic Arts May Have Lost Its Creative Way, Jefferies Says In Downgrade
Thursday, January 17, 2019 - 5:14pm | 391Read More...Monetization ceilings and creative challenges were cited by a Jefferies analyst in a Thursday downgrade of Electronic Arts Inc. (NASDAQ: EA). The Analyst Analyst Timothy O’Shea downgraded Electronic Arts from Buy to Hold and lowered the price target from $139 to $95. The Thesis Jefferies...
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Survey: For An Aggressive Boeing, A Healthy Aircraft Aftermarket Is Good News
Tuesday, January 15, 2019 - 4:23pm | 427Read More...The outlook for aircraft aftermarket growth is healthy, though it may be slightly below investor expectations, according to a Jefferies survey. Jefferies Forecast Lands At Low End The push by Boeing Co (NYSE: BA) to increase its share of the aftermarket industry — at the...
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What To Make Of Longtime Kroger CFO's Retirement
Tuesday, December 18, 2018 - 3:27pm | 575Read More...Grocery chain Kroger Co (NYSE: KR) on Monday announced CFO J. Michael Schlotman will retire from the company in one year after holding the title since 2000. Schlotman will be replaced by Gary Millerchip, CEO of Kroger Personal Finance, in April 2019 at which point Schlotman will remain an executive...
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The Street's Reaction To Oracle's Q2 Earnings Beat
Tuesday, December 18, 2018 - 11:59am | 674Read More...Oracle Corporation (NYSE: ORCL) reported Monday a top-and-bottom line beat in its fiscal second-quarter earnings report. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Oppenheimer's Brian Schwartz maintains a Perform rating on Oracle with no...
















