JP Morgan

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Special Purpose Acquisition Companies (SPACs) have leaped to prominence over the last eighteen months. The average size of a SPAC in 2020...

Despite near-term weakness in Nio Inc – ADR (NYSE: NIO) shares following Citron Research's bearish call on the stock, Wall Street is showing confidence in the Chinese electric vehicle manufacturer.  The Nio Analysts: Deutsche Bank Securities analyst Edison Yu reiterated a Buy rating...

Benzinga, a leading news and data platform, in partnership with financial data and insights platform Envestnet | Yodlee, held the sixth annual Benzinga Global Fintech Awards Tuesday — a day of dealmaking, networking and recognition in the financial technology space.  See also:...

While a decent showing by big banks seems to be helping investor sentiment somewhat, a cloudy outlook for the coronavirus fight appears to be keeping potential gains in check. Goldman Sachs Group Inc. (NYSE: GS) hit the cover off the ball with earnings that handily topped analyst expectations and...

AK Steel Holding Corporation (NYSE: AKS) has entered into a definitive merger agreement with Cleveland-Cliffs Inc (NYSE: CLF), in which the latter will acquire all the shares of the steelmaker. Cleveland-Cliffs’ proposed acquisition of would likely be approved, with no antitrust opposition or...

Several analysts started coverage of public insurance distribution firm BRP Group Inc. (NASDAQ: BRP) bullish, citing strong revenue growth and expectations of beneficial consolidation. The Analysts Bank of America’s Jay Cohen initiated coverage with a Buy rating and $20 price target. Wells...

Qualcomm Inc's. (NASDAQ: QCOM) strong fourth-quarter results pleased sell-side analysts, but the driving factor in much of the bullishness is the ramp up of 5G, expected to bolster the company's bottom line starting next year. Investors were also bullish on the chip maker, buying its stock...

The recent rally in TerraForm Power Inc’s (NASDAQ: TERP) shares seems justified and the risk-reward now seems approximately balanced, according to JPMorgan. The Analyst JPMorgan’s Mark Strouse downgraded TerraForm Power from Overweight to Neutral leaving the price target at $17....

The wide adoption of the internet has spawned many companies that have potential to turn in staggering growth. A communications products company with an addressable market opportunity of over $22 billion is set to debut this week. The IPO Terms Cambium Networks (NASDAQ: CMBM) proposes to offer...

Target Corporation (NYSE: TGT)'s strong sales numbers have the sell-side bullish, with particular interest in the legacy retailer’s addition of digital order fulfillment to its apparent strengths. Target beat analysts' estimates on both earnings and sales in its first quarter report...

Earnings season starts to pick up the pace this week, with reports from JP Morgan (NYSE: JPM) and Wells Fargo (NYSE: WFC) scheduled before market open on Tuesday, Jan. 15.  Between the Fed’s rate hike path, growing concerns regarding global economies and future growth, and geopolitical...

Bitcoin has not been able to come out of the bear trend the entire year. Bitcoin futures have been a great addition to the crypt market since their introduction by CME in 2017. ​​​​​​This year has been the year of correction in in the cryptocurrency industry. It is true to say that it has been...

Nike Inc (NYSE: NKE) shares are soaring higher in spite of overall market turmoil after reporting a big second-quarter earnings beat after the close Thursday. The world’s largest sportswear company delivered earnings of 52 cents per share, beating estimates by 6 cents. Revenue came in at $9.4...

Dicks Sporting Goods Inc (NYSE: DKS) reported mixed third-quarter results Wednesday and analysts had plenty to say about it. JPMorgan  JPMorgan analyst Christopher Horvers said Dick’s risk-reward is turning more balanced — and after a 47-percent gain in shares over the past...