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Bruised And Battered, But Not Broken: Wall Street Reacts To WWE's Earnings Miss
Friday, April 26, 2019 - 1:33pm | 592Read More...World Wrestling Entertainment, Inc (NYSE: WWE) stock traded lower by another 3.8 percent on Friday after the company reported a first-quarter earnings and revenue miss. The stock is now down 16.2 percent overall since Thursday's print. WWE reported a first-quarter EPS loss of 11 cents on...
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As Intel Falls After Q1 Report, Analysts Recommend Buying The Dip
Friday, April 26, 2019 - 1:11pm | 839Read More...Intel Corporation (NASDAQ: INTC)'s first-quarter earnings report Thursday confirmed the weakness in semiconductor demand, with the chipmaker forecasting its first annual profit decline since 2015. The Analysts Morgan Stanley analyst Joseph Moore maintained an Overweight rating on Intel...
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Disney Soars As 'Avengers: Endgame' Is Already Setting Box Office Records
Friday, April 26, 2019 - 11:56am | 873Read More...Walt Disney Co (NYSE: DIS) stock shot to an all-time high Thursday as advance and opening night ticket sales for “Avengers: Endgame” set records leading to projections that the culmination of the Marvel Cinematic Universe could shatter opening weekend box office records. “We...
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'Magic: The Gathering' Works Wonders For Hasbro
Wednesday, April 24, 2019 - 12:38pm | 724Read More...Hasbro, Inc. (NASDAQ: HAS) surprised Wall Street with a first-quarter earnings beat Tuesday, finding some magic in a new esports version of an old game, “Magic: The Gathering.” The beat helped convince sell-side analysts that the disruption caused by the Toys R Us closure is over...
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Wall Street Weighs In On Chevron Following Anadarko Deal
Monday, April 15, 2019 - 2:19pm | 502Read More...Chevron Corporation (NYSE: CVX) shares are down about 4 percent since the company announced a $33 billion buyout of Anadarko Petroleum Corporation (NYSE: APC) on Friday. The merger would be the sixth-largest buyout in the history of the oil and gas space, and would help Chevron beef up its Permian...
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Teck Resources Analysts Bullish After Investor Day: 'The Company Is In An Enviable Position'
Thursday, April 4, 2019 - 2:31pm | 608Read More...Diversified mining and metals company Teck Resources Ltd (NYSE: TECK) held its Investor Day in Toronto Wednesday, and analysts came away from the event with their stances largely unchanged. The Analysts Bank of America Merrill Lynch analyst Timna Tanners maintained a Buy rating on the...
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MKM Talks L Brands After Swim Collection Launch
Monday, April 1, 2019 - 3:54pm | 371Read More...Fashion retailer L Brands Inc (NYSE: LB) re-launched its swimear collection in March after a two-year pause. While only a few weeks have passed since launch, investors may be overestimating the segment's true potential. The Analyst MKM Partners' Roxanne Meyer maintains a Neutral rating on L...
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What Analysts Think Of BlackBerry's Turnaround
Monday, April 1, 2019 - 11:53am | 640Read More...BlackBerry Ltd (NYSE: BB) CEO John Chen said Friday after the company's fourth-quarter report its turnaround is complete. The transition from smartphone maker to software and services should result in the company seeing year-over-year growth in all four quarters. Here is a summary of how...
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Disney's 'Dumbo' Flies Off With Weekend Box Office, But Not Quite As High As Expected
Monday, April 1, 2019 - 9:38am | 432Read More..."Dumbo" didn’t fly quite as high as expected, but the big-eared elephant still managed to give Walt Disney Co. (NYSE: DIS) the biggest grossing film of the weekend as the new release beat out holdovers "Us" and "Captain Marvel." MKM Parntners Analyst Eric Handler...
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MKM Bullish On Nokia's 5G Opportunity
Tuesday, March 26, 2019 - 2:04pm | 402Read More...Shares of Nokia Corporation (NYSE: NOK) have underperformed the Nasdaq composite by 800 bps in the last three months. The weaker performance is a result of investors perceiving the global 5G rollout as being slow, according to MKM Partners. The Analyst MKM Partners’ Michael Genovese...
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4 Bullish Catalysts For WWE's Stock Following WrestleMania
Tuesday, March 26, 2019 - 12:17pm | 418Read More...WrestleMania 35 is less than two weeks away for World Wrestling Entertainment Inc (NYSE: WWE) and its investors, but one Wall Street analyst said WrestleMania is just the beginning of the bullish catalysts on the horizon for WWE. The Analyst MKM Partners analyst Eric Handler reiterated his Buy...
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Lululemon Analyst Cuts Estimates But Remains Bullish
Monday, March 25, 2019 - 2:49pm | 458Read More...MKM Partners' proprietary survey suggests a year of continued momentum for Lululemon Athletica inc. (NASDAQ: LULU), but the research firm said multiple concerns could impact upcoming quarterly results. The Analyst MKM Partners' Roxanne Meyer maintains a Buy rating on Lululemon with an...
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MKM: Not Much Pushback on Lyft Valuation
Saturday, March 23, 2019 - 4:43pm | 575Read More...Investors aren't showing much concern about the $23-billion valuation for ride-hailing company Lyft Inc.’s initial public offering as the company continues on a roadshow leading up to the IPO, MKM Partners said this week. The valuation — $21 billion to $23 billion, based on a...
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Wall Street Remains Bullish On Micron
Thursday, March 21, 2019 - 10:40am | 707Read More...Micron Technology, Inc. (NASDAQ: MU) shares traded higher by 9 percent Thursday after the chipmaker reported second-quarter earnings and revenue beats. The results were a pleasant surprise for investors concerned about the impact of a memory supply glut glut driven by a softening global smartphone...
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Sell-Side Largely Bullish On Nvidia, With Eye On Anticipated Second-Half Recovery
Wednesday, March 20, 2019 - 10:19am | 685Read More...NVIDIA Corporation (NASDAQ: NVDA) held its investor day Tuesday in conjunction with its GTC Developers Conference. The Analysts Bank of America Merrill Lynch analyst Vivek Arya maintained a Buy rating and a $193 price target for Nvidia shares. RBC Capital Markets analyst Mitch Steves maintained...
















