Jefferies

Despite Amazon.com, Inc. (NASDAQ: AMZN)'s stellar run, a Jefferies analyst said Tuesday that the stock remains undervalued. The Analyst Analyst Brent Thill maintained a Buy rating on Amazon and raised the price target from $2,185 to $2,350. The Thesis Many of Amazon's...

For the second day in a row, a major Wall Street firm has reiterated a bullish outlook and raised its price target for Advanced Micro Devices, Inc. (NASDAQ: AMD). The Analyst Jefferies analyst Mark Lipacis reiterated a Buy rating on AMD and raised the price target for the stock from $30 to $36...

With a potential sale looming, shares of E-Trade Financial Corp. (NASDAQ: ETFC) are attractive, according to Jefferies.  The Analyst Jefferies analyst Daniel Fannon upgraded E-Trade Financial from Hold to Buy and maintained a $65 price target. The Thesis The upgrade demonstrates the...

Cara Therapeutics Inc (NASDAQ: CARA), a biotech company developing non-opioid pain relief drugs, has earned a bullish review from Jefferies.  The Analyst Analyst Matthew Andrews initiated coverage of Cara with a Buy rating and $30 price target. The Thesis Cara's lead program is...

It's too early for a bearish stance on Snap Inc (NYSE: SNAP), but the social media platform's recent engagement and user trends are "not encouraging," according to Jefferies. The Analyst Jefferies' Brent Thill maintains a Hold rating on Snap with a price target...

Sonos Inc. (NASDAQ: SONO) reported earnings for the first time since the company’s August IPO Monday, sending the stock down more than 16 percent in after-hours trading.  The Analyst Morgan Stanley analyst Katy Huberty reiterated an Equal-weight rating and $20 price target. Jefferies...

Global freelancing company Upwork recently filed for an IPO. The company plans to trade on The Nasdaq Global Market under the ticker symbol “UPWK.” The Details Some of the company’s main underwriters include Citigroup, Jefferies, Stifel and RBC Capital Markets. Based on...

Analysts covering newly public Sonos, Inc. (NASDAQ: SONO) consider the company’s customer engagement, market opportunities and product launches as key catalysts for success. The Analysts Morgan Stanley analyst Katy Huberty initiated with a Equal-weight rating and $20 price target....

The latest "World of Warcraft" release sold more than 3 million units in one day, which could translate to 10-12-percent EPS upside in the third quarter for Activision Blizzard, Inc. (NASDAQ: ATVI), the maker of the game, according to Jefferies. The Analyst Jefferies' Timothy O'...

The bullish case for Discovery Communications Inc. (NASDAQ: DISCA) can be made for multiple reasons that are being overlooked by the Street, according to Jefferies. The Analyst Jefferies' John Janedis upgraded Discovery from Hold to Buy with a price target lifted from $26 to $34. The Thesis The...

Nutanix Inc (NASDAQ: NTNX) shares have soared 155 percent in the past year, prompting Jefferies to downgrade the cloud stock.  The company is scheduled to release fiscal fourth-quarter results after the market close Aug. 30. The Analyst Analyst John DiFucci downgraded Nutanix from Buy to...

Conn’s Inc (NASDAQ: CONN) has plenty of room for growth, according to a new initiation report. The Analyst Jefferies analyst Kyle Joseph initiated coverage on Conn's stock with a Buy rating and a $44 price target. The Thesis With Conn’s stock recovering from 2016 lows, Joseph said...

Cisco Systems, Inc. (NASDAQ: CSCO) stock traded higher by 3.9 percent Thursday after the company topped market expectations in the fourth quarter. Several Wall Street analysts weighed in on Cisco stock following the earnings report. Here’s a rundown of what they had to say. Under-The-Radar...

The best kind of analyst downgrade for investors is the one that comes because a stock has performed so well that it has exceeded expectations. On Thursday, AstraZeneca plc (ADR) (NYSE: AZN) was hit with just such a downgrade. The Analyst Jefferies analyst Ian Hilliker downgraded AstraZeneca from...

Casino stocks have taken a beating in recent weeks, and one Wall Street analyst says it’s time for investors to step in and buy the dip in a handful of top stocks. The Analyst Jefferies analyst David Katz updated his ratings and price targets for the following gaming stocks: Upgraded Boyd...