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Analysts Bullish On Papa John's CEO Change
Wednesday, August 28, 2019 - 10:35am | 484Read More...Papa John's International, Inc. (NASDAQ: PZZA) announced Tuesday Rob Lynch will replace Steve Ritchie as CEO, effective immediately. Despite what appears to be a constant turnover of executives, at least two Street analysts are bullish on the change. The Analysts Stifel analyst Chris O'Cull...
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MKM Bullish On Parsley Energy, Downgrades SRCI Energy
Tuesday, August 27, 2019 - 10:49am | 391Read More...It’s been another difficult year for oil stock investors so far, and one analyst adjusted his ratings on two exploration and production stocks. The Analyst MKM Partners analyst John Gerdes downgraded SRC Energy Inc (NYSE: SRCI) from Buy to Neutral and lowered his price target from $6 to $5....
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The Street's Reaction To Urban Outfitters: From Trade War 'Winner' To 'Bottom Of The Pack'
Wednesday, August 21, 2019 - 3:25pm | 675Read More...Urban Outfitters, Inc. (NASDAQ: URBN) reported a second-quarter earnings beat and 5% comp growth at the core Urban Outfitters brand while Free People and Anthropologie comps were up 6% and 3%, respectively. Here is a summary of how some of the Street's top analysts reacted to the print. Wells...
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The Street Mostly Agrees: TJX Stock Is A Bargain
Wednesday, August 21, 2019 - 1:03pm | 689Read More...Off-price retailer TJX Companies Inc (NYSE: TJX) reported second-quarter results Tuesday that were notable for EPS at the high end of guidance and comps that fell short of Street estimates. Here's how the Street reacted. The Analysts Bank of America Merrill Lynch analyst...
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How WWE Could Further Monetize NXT Following TV Deal
Tuesday, August 20, 2019 - 2:55pm | 464Read More...World Wrestling Entertainment, Inc. (NYSE: WWE) shares traded higher by another 4% on Tuesday after the company announced a new TV deal for its NXT brand to air a two-hour weekly show on Wednesday nights. Ahead of the official announcement, one analyst said there’s plenty of upside remaining...
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WWE Moving NXT To USA Network Could Disrupt AEW, Fox Plans
Monday, August 19, 2019 - 1:19pm | 567Read More...World Wrestling Entertainment, Inc. (NYSE: WWE) shares are higher on news that WWE is prepared to announce a new TV deal for its NXT brand. Dave Meltzer of the Wrestling Observer Newsletter has reported WWE is planning to announce its weekly NXT brand programming will be moving from the WWE Network...
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MKM Disects Progressive's July Results
Thursday, August 15, 2019 - 3:49pm | 355Read More...Auto insurance company Progressive Corp (NYSE: PGR) reported a financial update for the month of July where the company showed a modest but expected slowdown in personal auto policies, according to MKM. The Analyst MKM Partners analyst Harry Fong maintains a Buy rating on Progressive with a $100...
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Cisco Earnings Marred By China Uncertainty That Softened Guidance
Thursday, August 15, 2019 - 12:54pm | 661Read More...The U.S.-China trade war complicated analysts’ assessments of Cisco Systems, Inc. (NASDAQ: CSCO)’s fourth quarter and outlook, with little consensus emerging on the stock’s near-term future. Cisco reported a slight earnings beat but it came with weaker-than-expected guidance that...
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MKM: Bloomin' Brands Positioned For Future Growth
Tuesday, August 13, 2019 - 3:16pm | 366Read More...Outback Steakhouse owner Bloomin' Brands Inc (NASDAQ: BLMN) has multiple initiatives and investments underway which will position the restaurant company well for future growth, according to MKM Partners. The Analyst MKM Partners analyst Brett Levy initiated coverage of Bloomin' Brands with...
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MKM Bullish On Papa John's: 'Return To Basics'
Tuesday, August 13, 2019 - 3:00pm | 405Read More...Papa John's Intl', Inc. (NASDAQ: PZZA) challenges continued in the second quarter but management's "greater sense of urgency" is an encouraging development, according to MKM. The Analyst MKM Partners analyst Brett Levy initiated coverage of Papa John's with a Buy rating...
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MKM On McDonald's: The Future Is Now
Tuesday, August 13, 2019 - 2:51pm | 426Read More...McDonald's Corp's (NYSE: MCD) ongoing investments in its business has successfully resulted in bringing the future of the business to the market today, according to MKM. The Analyst MKM Partners analyst Brett Levy initiated coverage of McDonald's with a Buy rating and $250 price target...
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Analyst Roundup: Take-Two Jumps After Strong Q1 Beat, Record Engagement
Tuesday, August 6, 2019 - 1:20pm | 745Read More...Take-Two Interactive Software, Inc (NASDAQ: TTWO) stock was soaring Tuesday as analysts boosted price estimates in the wake of another big earnings beat and guidance that suggests the company thinks more wins are coming. The company reported higher net bookings and EPS 23 cents above the Street...
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MKM: F5 Networks' Q3 Results Indicate Mixed Shift To Software
Thursday, July 25, 2019 - 2:56pm | 263Read More...F5 Networks, Inc. (NASDAQ: FFIV) delivered overall healthy results for the third quarter. While underlying organic shift toward Software during the quarter is a positive, the EPS estimates for 2019 and 2020 have been lowered due to investments related to NGINX, according to MKM Partners. The...
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MKM Says WWE Network Update Could Be A Multi-Stage Initiative
Thursday, July 25, 2019 - 11:20am | 354Read More...The relaunch of World Wrestling Entertainment, Inc’s (NYSE: WWE) WWE Network is a positive for its direct-to-consumer service and may include a number of changes over time, according to MKM Partners. The Analyst MKM’s Eric Handler maintained a Buy rating on WWE with a price target...
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The $2.6B Cisco-Acacia Deal: 2 Analyst Takes On The Optics
Wednesday, July 10, 2019 - 12:18pm | 556Read More...Tech giant Cisco Systems, Inc. (NASDAQ: CSCO) proposed Tuesday to acquire optical company Acacia Communications, Inc. (NASDAQ: ACIA) in a deal that is "more expensive than it appears," according to Bank of America Merrill Lynch. The Analysts Bank of America's Tal Liani maintained a...
















