-
Loud And Clear: Sonos Boasts High Demand In Q4 Print
Friday, November 16, 2018 - 11:56am | 576Read More...In its second quarter as a public company, Sonos Inc (NASDAQ: SONO) has loudly asserted its right to compete. Its stock opened up 25-percent higher Friday on record fourth-quarter earnings. What Happened Sonos reported $273 million in revenue on 27-percent year-over-year growth; 343-percent growth...
-
Revisiting Apple's iPhone Woes As Stock Dips Into Bear Market Territory
Thursday, November 15, 2018 - 11:19am | 1029Read More...Apple Inc. (NASDAQ: AAPL)'s stock has entered bear market territory, with the performance of its newest iPhone models largely to blame. The stock has pulled back by about 20 percent from an Oct. 3 intraday high of $233.47. Apple shares have underperformed since October, having shed...
-
Jefferies Turns Bullish On Molina, Sees Potential For Upside To Estimates
Tuesday, November 13, 2018 - 1:37pm | 400Read More...Molina Healthcare, Inc (NYSE: MOH) recently reported third-quarter earnings that exceeded the consensus by a wide margin and raised its 2018 guidance. The Analyst Jefferies analyst David Windley upgraded Molina from Hold to Buy and increased the price target from $152 to $169, suggesting roughly...
-
What's Next For Apptio After Vista's Acquisition Offer?
Monday, November 12, 2018 - 4:45pm | 432Read More...Apptio Inc (NASDAQ: APTI) confirmed Sunday evening that it has agreed to sell itself to Vista Equity Partners, an investment firm that focuses on software, data and technology-enabled businesses. The Analysts Jefferies' John DiFucci maintains a Buy rating on Apptio with an unchanged $40...
-
Wynn Shares Are Folding After A Mixed Q3 Print
Thursday, November 8, 2018 - 3:44pm | 490Read More...Wynn Resorts, Limited (NASDAQ: WYNN) shares were getting pummeled one day after the casino operator's mixed third-quarter earnings report. The casino operator reported Q3 earnings of $1.68 per share, missing estimates by a penny. Sales came in at $1.71 billion, beating estimates by $...
-
What A Split Congress Means For The Stock Market
Wednesday, November 7, 2018 - 4:56pm | 639Read More...Now that the votes have been tallied from the midterm elections, investors are shifting their attention to what the fallout from the midterms will be for the stock market. The early returns on a divided Congress are positive, with the SPDR S&P 500 ETF Trust (NYSE: SPY) trading higher by 2...
-
Booking Holdings Shares Boosted By Q4 Guidance: The Sell-Side Reacts
Tuesday, November 6, 2018 - 4:33pm | 521Read More...Booking Holdings Inc (NASDAQ: BKNG) shares are soaring despite the online travel agency reporting a third-quarter earnings miss Monday. The company posted Q3 earnings of $37.78 per share, missing estimates by 39 cents. Sales were in-line with consensus estimates at $4.8 billion. The...
-
Analysts Weigh In On Zynga After Q3 Earnings Miss
Thursday, November 1, 2018 - 11:51am | 533Read More...Zynga Inc (NASDAQ: ZNGA) reported a third-quarter earnings miss Wednesday. The mobile game developer reported earnings of 1 cent per share, missing estimates by 3 cents. Sales came in at $233.2 million, missing estimates by $16.23 million. Wedbush Sees 'Compelling Investment' Wedbush...
-
Wall Street Reacts To Apple's New MacBooks, iPad Pro
Thursday, November 1, 2018 - 7:44am | 428Read More...Apple, Inc. (NASDAQ: AAPL) held a product event on Tuesday at which it unveiled its new iPad Pro, MacBook Air and Mac Mini. Several analysts have weighed in on Apple’s new products. Rising Prices Nomura analyst Jeffrey Kvaal said Apple is using the same iPhone playbook that has worked so well...
-
Electronic Arts' Q2: The Sell-Side's Take
Wednesday, October 31, 2018 - 2:43pm | 636Read More...Video game maker Electronic Arts, Inc. (NASDAQ: EA) reported second-quarter earnings Tuesday that largely exceeded projections. The Analysts MKM Partners analyst Eric Handler maintained a Buy rating on EA and lowered the price target from $157 to $135. Atlantic Equities analyst Kunaal Malde...
-
Analysts Stay Bullish On iQiyi After Q3 Print, But Investors Unhappy With Lower Ad Revenue
Wednesday, October 31, 2018 - 11:14am | 566Read More...Chinese online video platform IQIYI Inc (NASDAQ: IQ), also known as the Netflix, Inc. (NASDAQ: NFLX) of China, reported Tuesday after the close with roughly in-line Q3 results. Investors did not take kindly to the fact that the company faced pressure on its ad revenue. The Analysts...
-
Analysts Parse Facebook's Growth, Revenue Trends After Mixed Q3 Print
Wednesday, October 31, 2018 - 10:29am | 659Read More...Facebook Inc. (NASDAQ: FB) were trading up Wednesday after reporting a mixed third quarter after the close Tuesday. The Analysts KeyBanc Capital Markets analyst Andy Hargreaves reiterated an Overweight rating on Facebook and lowered the price target from $215 to $195. Morgan Stanley analyst...
-
Elastic's Quiet Period Ends: What The Street Thinks
Tuesday, October 30, 2018 - 2:15pm | 620Read More...Shares of Netherlands-based Elastic NV (NYSE: ESTC), the company behind Elasticsearch and the Elastic Stack, rose nearly 100 percent on its trading debut in early October. The Street is offering first takes on the stock now that the quiet period has come to an end. The Analysts...
-
Upwork Will Benefit From The Freelance Economy, Analysts Say
Monday, October 29, 2018 - 3:46pm | 478Read More...Global freelancing website Upwork Inc (NASDAQ: UPWK) saw its shares soar more than 50 percent after it started trading in early October. Here's a roundup of what some of the Street's top analysts are saying as its IPO quiet period expires. The Analysts RBC Capital Markets' Mark...
-
3 Reasons To Love Apple Right Now: iPhone, Services, Wearables
Monday, October 29, 2018 - 12:23pm | 395Read More...The key to Apple Inc. (NASDAQ: AAPL)'s growth is the company leveraging its "stable" iPhone business to generate new revenue within the higher margin Services business, according to Jefferies. The Analyst Jefferies' Timothy O'Shea initiated coverage of Apple's stock with a...
















