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Analyst: 3D Systems Is Making The Right Moves
Thursday, August 3, 2017 - 2:28pm | 340Read More...3D Systems Corporation (NYSE: DDD)'s earnings report was "choppy" but the 20-percent plunge in the stock doesn't mean the company's prospects and outlook are doomed, at least according to Loop Capital Markets' Ananda Baruah. The analyst maintains a Hold rating on 3D...
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Xerox Shares Are Reacting To What Matters: Operating Margin And Free Cash Flow
Wednesday, August 2, 2017 - 10:24am | 566Read More...Xerox Corp (NYSE: XRX) reported Tuesday ahead of the market open adjusted earnings per share of 87 cents per share on revenues of $2.57 billion, down 8.1 percent year over year. While the bottom line results were ahead of expectations, revenues came in below estimates. The company reaffirmed its...
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How Western Digital Shares Could Rise 48% Over The Next Year
Tuesday, July 25, 2017 - 9:28am | 617Read More...Western Digital Corp (NASDAQ: WDC)’s battle with Toshiba over the sale of its chip business is set to come to a conclusion on Friday, but no matter how it comes down, Loop Capital Markets analyst Ananda Baruah sees a strong future ahead. Baruah initiated coverage on Western Digital shares...
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Rite Aid-Walgreens Deal Resolution Produces A Winner: Core-Mark
Friday, July 7, 2017 - 11:55am | 445Read More...After speaking with the CFO of Core-Mark Holding Company, Inc. (NASDAQ: CORE), Loop Capital Markets analyst Andrew Wolf is increasingly confident that it's still a good buy. Wolf reiterated a Buy rating and $40 price target on shares, a 27 percent upside from Friday’s opening price. While...
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Tailwinds Are Brewing For ManTech; Loop Upgrades To Buy
Friday, June 30, 2017 - 2:14pm | 419Read More...The U.S. government may be in disarray, but its opportunities for IT companies are strong, helping to earn Mantech International Corp (NASDAQ: MANT) an upgrade from Loop Capital Markets analyst Joseph Vafi. ManTech shares were upgraded from Hold to Buy with a price target increase from $41 to $44....
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Will Dollar Tree Ever Get Some Value Out Of Its Family Dollar Acquisition?
Wednesday, June 28, 2017 - 3:26pm | 551Read More...Since acquiring Family Dollar midway through fiscal 2015, Dollar Tree, Inc. (NASDAQ: DLTR) has struggled to make it generate value for shareholders. Family Dollar net sales were falling for the majority of fiscal 2016, down from $2.7 billion in the first quarter to slightly above $2.53 billion in...
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Ulta Shares Still Pricey After The Pullback?
Monday, June 26, 2017 - 12:36pm | 613Read More...Shares of Ulta Beauty Inc (NASDAQ: ULTA) peaked at $314.86 but have since pulled back to below the $300 level. Analysts at Deutsche Bank noted that retail stocks have been hard hit after Amazon.com, Inc. (NASDAQ: AMZN) announced it plans to acquire Whole Foods Market, Inc. (NASDAQ: WFM) and...
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Attention United Natural Foods Investors: The Amazon-Whole Foods Deal Could've Been Worse
Friday, June 23, 2017 - 3:06pm | 398Read More...United Natural Foods, Inc. (NASDAQ: UNFI) investors should not be overly concerned about Amazon.com, Inc. (NASDAQ: AMZN)'s recent acquisition of Whole Foods Market, Inc. (NASDAQ: WFM), according to Loop Capital Markets managing director, Andrew Wolf. Wolf maintains his Buy rating on United...
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Analyst Puts Dollar Tree's Family Dollar Stores On Amazon Radar
Thursday, June 22, 2017 - 8:53am | 488Read More...Dollar Tree, Inc. (NASDAQ: DLTR) ought to consider unloading its underperforming Family Dollar Stores on a big, hungry retailer like, oh, say, Amazon.com, Inc. (NASDAQ: AMZN), says Loop Capital Markets analyst Anthony Chukumba. “Dollar Tree has significantly underperformed the broader market...
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Analyst: Kroger Should Outmuscle Amazon And Bid For Whole Foods
Wednesday, June 21, 2017 - 2:21pm | 501Read More...Amazon.com, Inc. (NASDAQ: AMZN)'s proposed acquisition of Whole Foods Market, Inc. (NASDAQ: WFM) implies the online retailer will pay $42 per share for the organic and natural grocer. Shares of Whole Foods are trading nearly $1 higher than the take-out price, which implies some investors are...
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Speculation Runs Amok: Who Will Be Amazon's Next Acquisition Target?
Tuesday, June 20, 2017 - 12:31pm | 516Read More...Amazon.com, Inc. (NASDAQ: AMZN)'s acquisition of Whole Foods Market, Inc. (NASDAQ: WFM) is a mere few days old and far away from receiving the necessary regulatory approval. But this hasn't stopped Wall Street analysts from guessing who Amazon will target next. Maxim Group's Tom Forte...
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Lamar Advertising Set To Reload On M&A Later This Year
Thursday, June 8, 2017 - 2:27pm | 532Read More...Lamar Advertising Company (NASDAQ: LAMR) seems finally poised to re-engage in M&A activity by the end of the year. Thus, Look Capital Markets analyst David Miller, who had believed this activity would occur in 2016 and still sees it happening in the future, has continued his Buy rating and set...
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Best Buy Has Proven It Can Weather The Amazon Onslaught
Thursday, June 8, 2017 - 11:18am | 350Read More...Amazon.com, Inc. (NASDAQ: AMZN) is no longer killing Best Buy Co Inc (NYSE: BBY) with lower prices, and investors are taking note of it. Loop Capital Markets analyst Anthony Chukumba believes this should allow Best Buy to gain a larger market share, and he has reiterated his Buy rating along with a...
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Best Buy Compares Favorably To Walmart, But Is 'Much Cheaper'
Monday, June 5, 2017 - 11:48am | 484Read More...Investors looking for exposure to the retail sector may have been scared to invest in Best Buy Co Inc (NYSE: BBY) amid the growing competition from both online and brick-and-mortar peers. But this shouldn't be the case, at least according to analysts at Loop Capital Markets. Loop Capital's Anthony...
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Outfront Media Shares Have Taken A Beating, But Is It Time To Buy?
Monday, June 5, 2017 - 9:15am | 340Read More...David Miller, managing director for Loop Capital Markets, has upgraded Outfront Media Inc (NYSE: OUT) to Buy as he sees over 18 percent of upside. After missing on nearly every consensus earnings metric, the stock has fallen 13 percent since its first-quarter earnings report. Miller believes the...
















