Loop Capital Markets

After an impressive first-quarter earnings beat, Loop Capital Markets analyst Betsy Van Hees reiterated her Buy rating and raised her price target to $285 on Broadcom Ltd (NASDAQ: AVGO). Van Hees noted three reasons why Broadcom remains one of Loop's large-cap picks for 2017 as: Broadcom...

Broadcom Ltd (NASDAQ: AVGO) will report its second-quarter earnings Thursday. Analysts are expecting the company to fall in line with guidance, with strong potential for beat. Deutsche Bank's Take Deutsche Bank analyst Ross Seymore expects Broadcom’s wireless business to show a seasonal...

The retail sector faced a difficult environment in the first quarter, but many challenges have been around for some time, including: Customer service offered by online shopping performing faster and better than brick-and-mortar stores. The rise of e-commerce giants like Amazon.com, Inc. (NASDAQ:...

Loop Capital Markets analyst Andrew Wolf reiterated a Hold rating on Kroger Co (NYSE: KR), with a price target of $32. The analysts sees annual earnings of just under $122 million and an EPS of $2.22 are estimated for fiscal 2017. The analyst believes Wal-Mart Stores Inc (NYSE: WMT) “has the...

Loop Capital Markets has reiterated its Buy rating and $1,100 price target on Amazon.com, Inc. (NASDAQ: AMZN) following the completion of a Prime user survey the firm conducted. Research analysts Blake Harper and Anthony Chukumba surveyed over 500 Prime members in order to better understand Amazon'...

Staples, Inc. (NASDAQ: SPLS) reported on Tuesday its first-quarter results in which the office supply retailer's earnings of $0.17 was in line with expectations and revenue of $4.15 billion fell short of the $4.50 billion analysts were expecting. According to Loop Capital Markets' Anthony...

Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) soared higher by 11 percent on Tuesday ahead of the company's analyst day presentation, which kicked off after the market close. By Wednesday morning, the stock gave back nearly 6 percent as the company's presentation fell short of...

Analysts at Loop Capital Markets initiated coverage of two food merchandising companies on Tuesday with a favorable outlook: The Chefs Warehouse, Inc (NASDAQ: CHEF) and Performance Food Group Co (NYSE: PFGC). Chefs Warehouse Loop Capital's Andrew Wolf initiated coverage of The Chef's Warehouse with...

It’s about time Regal Entertainment Group (NYSE: RGC) paid a special dividend, and investors can take advantage of it, according to Loop Capital Markets. The firm upgraded Regal Entertainment Group from Hold to Buy and raised its price target from $23 to $25 Tuesday. “The core reason...

Many retail investors are certainly feeling the pain this week, but that doesn't mean Wall Street analysts are issuing downgrades across the board. Loop Capital Markets' Anthony Chukumba upgraded Bed Bath & Beyond Inc. (NASDAQ: BBBY)'s rating from Sell to Hold but with an unchanged $35 price...

Following Walt Disney Co (NYSE: DIS)'s fiscal second-quarter results, the sell-side sentiment was cautious near term. The media segment was pointed out as the Achilles' heel, as the ESPN subscriber erosion continued. That said, most analysts tout Disney as a 2018 story, expecting the company to...

Following IAC/InterActiveCorp (NASDAQ: IAC)'s announcement concerning the reverse merger of its HomeAdvisor unit with Angie's List Inc (NASDAQ: ANGI), Loop Capital Markets hailed it as a good outcome for Angie shareholders at this point. The Deal Analyst Blake Harper noted that Angie...

Twitter Inc (NYSE: TWTR)'s first quarter earnings report contained a mix bag of good and bad metrics. On the positive front, Twitter impressed investors with strong user engagement growth. On the other hand, Twitter failed to translate the increased engagement in user activity to revenue as...

Netflix, Inc. (NASDAQ: NFLX) announced this week it will enter the Chinese market through a partnership with the country's biggest streaming platform, iQIYI. The announcement helped boost Netflix's stock higher by nearly 6 percent, as the entrance into the very large (but also very censored...