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Salesforce.com Is Macquarie's Overall Top Pick In Enterprise Software
Tuesday, April 26, 2016 - 9:47am | 312Read More...Macquarie’s Sarah Hindlian expects salesforce.com, inc. (NYSE: CRM) to witness a robust FY16, with the launch of its new user interface, ongoing margin expansion and price increases. Hindlian maintains an Outperform rating on the company, with a price target of $92. Price Hikes Naming...
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Macquarie's New Price Target On Oracle Represents ~14% Upside
Tuesday, April 26, 2016 - 9:31am | 313Read More...Macquarie’s Sarah Hindlian believes Oracle Corporation (NYSE: ORCL)'s revenues and EPS are set to inflect and stabilize in FY17 and FY18. Hindlian maintains an Outperform rating on the company, with a price target of $46, which represents 14 percent upside from the current stock valuation....
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Shoe Industry Manufacturing Is About To Change Forever (And Nike's Leading The Charge)
Tuesday, April 19, 2016 - 1:16pm | 312Read More...Macquarie’s Laurent Vasilescu believes that the footwear and apparel industry is looking toward automation to mitigate the rising labor costs, and Nike Inc (NYSE: NKE) is leading this “manufacturing revolution.” Vasilescu reiterated an Outperform rating on the company, with a...
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Nike's North American Inventory Number Is Something Many Are Missing: And It's Good
Friday, April 8, 2016 - 12:45pm | 409Read More...Nike Inc (NYSE: NKE) is up roughly 18 percent over the past 12 months, a little more than 1 percent over the last three months, and analysts like the name. Goldman Sachs, Barclays and Credit Suisse all maintained their ratings on the stock following its recent earnings results, with Buy, Overweight...
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Macquarie: Oil Will Fall To Low $30s Again
Monday, March 28, 2016 - 2:28pm | 283Read More...In a new report, Macquarie Research analyst Vikas Dwivedi explains why the firm believes that crude oil's recent rally will be short-lived. Although the firm remains positive on oil in the medium-to-long-term, Dwivedi believes it's headed back to the $30/bbl range before its ultimate move...
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Food Stamp Usage Is Declining
Wednesday, March 23, 2016 - 1:54pm | 451Read More...Food stamp benefits fell 3.1 percent in December. The decline has been attributed to the approximated 230 basis point drop in participation and roughly 80 basis point decline in benefits/person. According to Macquarie Research, this is the "ninth consecutive monthly decline since the November 2013...
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Pandora Just Launched Its Ticketfly App, And It's Exciting Investors
Friday, March 18, 2016 - 11:11am | 381Read More...Pandora Media Inc (NYSE: P) has seen some recent volatility, down roughly 38 percent over the past one year and roughly 24 percent since January. However, the tides may be turning for the music media giant. Due in large part to its newly launched Ticketfly app, Macquarie Research analyst Amy Yong...
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Macquarie Warns Kroger Investors: 'Sell While You Can'
Friday, March 4, 2016 - 11:16am | 246Read More...Macquarie's Bob Summers downgraded the rating on The Kroger Co (NYSE: KR) from Neutral to Underperform, while lowering the price target from $33 to $27. "We believe the stock's rerating was not permanent and expect the multiple to contract given disappointing Q4 and FY16 same-store...
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Oil Rally Not Justified, This Says
Thursday, March 3, 2016 - 3:07pm | 245Read More...Macquarie Research recently issued an industry report on commodities saying that the recent crude oil rally is not justified by fundamental data. Analyst Vikas Dwivedi gave his case that while the global surplus of oil is shrinking due to major firms cutting production, short-term drivers are...
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Gogo Lawsuit Brings 80% Market Share Into Question, Analyst Says
Tuesday, February 16, 2016 - 2:30pm | 433Read More...Gogo Inc (NASDAQ: GOGO) announced that a lawsuit was filed against the company last week by American Airlines Group Inc (NASDAQ: AAL). The 8k indicated that due to the lawsuit, Gogo is now considering competitors for inflight connectivity services for approximately 200 aircraft. Macquarie sees...
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Morgan Stanley Has 'Frustrated' Analysts, But It's Now Changing Their Minds
Tuesday, February 2, 2016 - 10:35am | 308Read More...Shares of Morgan Stanley (NYSE: MS) have declined 33.82 percent over the past six months, dropping almost to their 52-week low on January 21, at $24.78. Macquarie’s David Konrad has upgraded the rating on the company from Neutral to Outperform, with a price target of $33. Konrad...
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Macquarie Trims Alibaba Profit Expectations: Here's Why
Tuesday, January 26, 2016 - 12:25pm | 345Read More...Alibaba Group Holding Ltd (NYSE: BABA) shared have declined 32.4 percent over the past year, almost touching their 52-week low on September 28, 2015 at $57.39. Macquarie’s Wendy Huang has maintained a Neutral rating and price target of $80 on the company. Although the current stock...
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Intel 'Reloading' For Next Acquisition? This Analyst Thinks So
Wednesday, December 30, 2015 - 12:08pm | 390Read More...Intel Corporation (NASDAQ: INTC) shares have appreciated 17.52 percent in the last three months, from $30 on October 1. Deepon Nag of Macquarie Research has maintained a Neutral rating on the company, with a price target of $34. Intel closed its acquisition of Altera Corporation (NASDAQ:...
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Why Did Marriott Really Buy Starwood?
Tuesday, December 29, 2015 - 11:56am | 351Read More...Shares of Marriott International Inc (NASDAQ: MAR) have appreciated 5.62 percent over the past three months, while those of Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) are up 9.31 percent during the same period. Chad Beynon of Macquarie Research has maintained a Neutral rating...
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Global Payments Just Acquired Heartland Payment Systems; Here Is What Wall Street Is Saying
Wednesday, December 16, 2015 - 3:53pm | 678Read More...Shares of Global Payments Inc (NYSE: GPN) plunged by more than 11 percent, while shares of Heartland Payment Systems, Inc. (NYSE: HPY) gained more than 10 percent. Global Payments announced after Tuesday's close it will acquire Heartland Payment for $4.3 billion, or $100 per share....
