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Jefferies: Manchester United Has 'Unparalleled Reach' Among Sports Teams
Monday, December 17, 2018 - 5:40pm | 422Read More...Manchester United PLC (NYSE: MANU), arguably the world's most recognizable sports franchise, is a long-term winner, according to Jefferies. The Analyst Jefferies analyst Randal Konik re-assumed coverage of Manchester United with a Buy rating and $26 price target. The Thesis After a four-year...
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Upcoming Catalysts Make Axovant Attractive, Jefferies Says In Upgrade
Monday, December 17, 2018 - 11:12am | 403Read More...Axovant Sciences Ltd (NASDAQ: AXON) plummeted 25 percent last week, providing an attractive entry point, as the company is in-licensing two promising orphan gene therapy programs that could have data coming over the next three to 12 months, according to Jefferies. The Analyst Jefferies' analyst...
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Jefferies Upgrades Agree Realty On Favorable Fed Environment, Acquisition Strategy
Thursday, December 13, 2018 - 11:11am | 367Read More...Agree Realty Corporation (NYSE: ADC) has consistently risen over the last five years, and Jefferies anticipates a steep jump to new highs. The Analyst Jefferies analyst Omotayo Okusanya upgraded Agree from Hold to Buy and raised the price target from $60 to $70. The Thesis By Okusanya’s model...
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Jefferies Upgrades Tesla To Buy On Capacity To Self-Fund, Potential To Split With Musk
Friday, December 7, 2018 - 11:02am | 425Read More...Tesla Inc (NASDAQ: TSLA) finally proved itself last quarter — and in the process convinced one analyst team to get in the company’s corner. The Rating Jefferies analysts Philippe Houchois and Ashik Kurian upgraded Tesla to Buy and raised their price target from $360 to $450. The Thesis...
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Bayer To Cut 12,000 Jobs Following Monsanto Purchase
Monday, December 3, 2018 - 12:01pm | 417Read More...Earlier this year, German pharmaceutical company Bayer AG (OTC: BAYRY) announced its $60-million acquisition of Monsanto. The agrochemical company recently faced litigation tied to its weedkiller RoundUp. What Happened Bayer will cut roughly 12,000 jobs globally by the end...
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Investors Cheer Workday's Q3 Earnings Beat
Friday, November 30, 2018 - 4:11pm | 582Read More...Enterprise cloud applications provider Workday, Inc. (NASDAQ: WDAY) reported Thursday a top-and-bottom line beat in its third-quarter results. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Wells Fargo's Philip Winslow maintains a Market...
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Analysts Largely Bullish On Palo Alto After Q1 Print
Friday, November 30, 2018 - 3:57pm | 770Read More...Cybersecurity company Palo Alto Networks Inc. (NYSE: PANW) reported mixed first-quarter earnings results ahead of the company’s plans to launch a next-generation firewall for expanded 5G networks. The Analysts Wells Fargo analyst Philip Winslow reiterated an Outperform rating and set a...
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Analysts React To Splunk's Q3 Beat
Friday, November 30, 2018 - 1:58pm | 560Read More...Big data facilitating company Splunk Inc (NASDAQ: SPLK) reported Thursday a top- and bottom-line beat in its third-quarter results while management lifted both its 2019 and 2020 sales outlook. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Wells...
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Sell-Side: GameStop Faces Increased Threat From Digital Mix Shift
Friday, November 30, 2018 - 12:25pm | 576Read More...Despite the steady rise of popularity in video game culture, retailer GameStop Corp. (NYSE: GME) appears to be on its last life. The Analysts Jefferies analyst Stephanie Wissink maintained a Buy rating on GameStop with an $18 price target. Credit Suisse analyst Seth Sigman...
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Analysts Raise VMware Price Targets After Q3 Beat-And-Raise
Friday, November 30, 2018 - 11:54am | 595Read More...VMware, Inc. (NYSE: VMW) reported a beat-and-raise quarter, sending its shares sharply higher Friday morning. The Analysts Jefferies analyst John DiFucci maintained a Buy rating on VMware and raised the price target from $186 to $196. Wedbush's Daniel Ives maintained an Outperform...
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Funko's 'Growth On Pace' Despite Weak Price Action
Wednesday, November 28, 2018 - 11:32am | 370Read More...In contrast to its poor stock price action of late, Jefferies expects imminent sales momentum and growth from Funko Inc. (NASDAQ: FNKO) in the fourth quarter and 2019. The Analyst Jefferies analyst Stephanie Wissink reiterated a Buy rating on Funko with a $23 price target. The...
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Jefferies: 5 Factors Protecting Tesla Model 3 Margins
Wednesday, November 28, 2018 - 11:13am | 389Read More...Tesla Inc (NASDAQ: TSLA) has managed to hold its post-earnings gains over the last month, and some on the Street think the stock remains undervalued. The Analyst Jefferies analyst Philippe Houchois maintained a Hold rating on Tesla with a $360 price target. The Thesis Jefferies assumes...
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What You Need To Know About United Technologies' Business Split
Tuesday, November 27, 2018 - 2:48pm | 569Read More...Multinational conglomerate United Technologies Corporation (NYSE: UTX) said Monday it will split itself into three businesses in conjunction with the completed acquisition of Rockwell Collins. Those businesses are: United Technologies, which will supply components to the aerospace and defense...
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Gap Reports Q3 Beat, Announces Hundreds Of Store Closings: The Sell-Side Reacts
Friday, November 23, 2018 - 1:04pm | 468Read More...The sell-side parsed Gap Inc. (NYSE: GPS)’s business plan for the fourth quarter after the retailer announced hundreds of imminent store closings alongside its third-quarter print this week. The Analysts Jefferies analyst Randal J. Konik reiterated a Buy rating and $50 price...
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Foot Locker Rallies After Q3 Beat, But Footwear Brands' Direct-To-Consumer Push Concerns Analysts
Wednesday, November 21, 2018 - 5:13pm | 798Read More...Foot Locker, Inc. (NASDAQ: FL) shares are soaring after the retailer reported a third-quarter earnings and sales beat Tuesday. The footwear retailer reported Q3 earnings of 95 cents per share, beating estimates by 3 cents. Sales came in at $1.86 billion, beating estimates by $10 million. Many...
















