-
Analysts Bump Up Broadcom Price Targets Following Q1 Earnings
Friday, March 15, 2019 - 3:12pm | 621Read More...Broadcom Inc (NASDAQ: AVGO) shares are seeing a nice lift following the release of its fiscal first-quarter results. The Analysts UBS Securities analyst Timothy Arcuri maintained a Buy rating for Broadcom and raised the price target from $275 to $300. Raymond James analyst Chris Caso reiterated a...
-
These Analysts Remain Sidelined On Express
Thursday, March 14, 2019 - 3:10pm | 430Read More...Express, Inc. (NYSE: EXPR) on Wednesday reported mixed fourth-quarter results and while management's first-quarter guidance came in short of expectations. The Analyst Wedbush's Jen Redding maintains a Neutral rating on Express with a price target lowered from $6 to $5. MKM Partners'...
-
MKM: Cypress Semiconductor Has Repositioned Itself For Market-Leading Growth
Thursday, March 14, 2019 - 12:00pm | 393Read More...Cypress Semiconductor Corporation (NASDAQ: CY) provided an update on its Cypress 3.0 strategy at a Wednesday analyst day event. With a focus on the IoT and automotive markets, the company has raised its longer-term gross margin and operating margin targets, according to MKM Partners. The Analyst...
-
Sell-Side Debates What To Like And Not To Like In Marvell's Latest Earnings
Friday, March 8, 2019 - 2:15pm | 562Read More...Marvell Technology Group Ltd. (NASDAQ: MRVL) reported fourth-quarter results that were mostly in-line with management's preannouncement but first-quarter guidance fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts MKM...
-
WildHorse Acquisition Is Accretive To Chesapeake's Margins, Says MKM Partners
Tuesday, March 5, 2019 - 12:29pm | 321Read More...Chesapeake Energy Corporation (NYSE: CHK) acquired WildHorse Resource Development for around $4.5 billion, including about $1.4 billion in net debt assumption. Although the acquisition boosts margins, Chesapeake Energy’s full-cycle return continues to fall below the industry average,...
-
Analysts Cheer Old Navy Split, But Gap Still Has Some Work To Do
Friday, March 1, 2019 - 4:00pm | 782Read More...Shares of Gap Inc. (NYSE: GPS) surged 20 percent after it announced it will spin off its best performing brand, Old Navy, to shareholders in 2020, leading a few Wall Street analysts to boost their price estimates for the stock. Gap also announced a major restructuring plan that will see the closure...
-
MKM Remains A JD Bull After Q4 Report, KeyBanc Still Unconvinced
Friday, March 1, 2019 - 3:15pm | 570Read More...Chinese e-commerce company JD.Com Inc (NASDAQ: JD) reported fourth-quarter results Thursday that came in better than feared and warrant a continued bullish stance on the stock, according to MKM Partners. The Analysts MKM Partners' Rob Sanderson maintains a Buy rating on JD.com's stock...
-
MKM, Wedbush Stay Bullish On Imax After Q4 Print
Wednesday, February 27, 2019 - 3:57pm | 519Read More...Imax Corp (NYSE: IMAX) reported a top-and-bottom line beat in its fourth-quarter report Tuesday, leaving at least two Street analysts bullish on the stock moving forward. The Analysts Wedbush's Michael Pachter maintains an Outperform rating on Imax with an unchanged $28 price target....
-
This Analyst Says Sony Should 'Think About' Acquiring IMAX
Wednesday, February 20, 2019 - 4:42pm | 382Read More...Sony Corp (NYSE: SNE) announced last week its own branded premium large-format theatrical system with the first screen location set to open April 1-4 during CinemaCon in Las Vegas. Instead of investing in its own new theater business, the company may be better off acquiring IMAX Corp (NYSE:...
-
Analysts: Nvidia Needs A Big Second Half Of 2019
Friday, February 15, 2019 - 1:28pm | 689Read More...NVIDIA Corporation (NASDAQ: NVDA) stock jumped 9 percent after hours Thursday after the company reported earnings and revenue beats. Nvidia reported fourth-quarter revenue of $2.21 billion, slightly above consensus estimates but down 24 percent from a year ago. Nvidia said it expects fiscal 2020...
-
Analysts Say Cisco Has Limited Upside Following Earnings Beat
Thursday, February 14, 2019 - 12:38pm | 630Read More...Cisco Systems, Inc. (NASDAQ: CSCO) stock traded higher by more than 4 percent after the company beat consensus revenue and earnings estimates for its fiscal second quarter. Cisco reported $12.45 billion in revenue, up 5 percent from a year ago and above the $12.41 billion analysts had anticipated....
-
The Street Debates What To Do With Yelp Stock After Q4 Beat
Thursday, February 14, 2019 - 12:25pm | 649Read More...The crowdsourced review platform Yelp Inc (NYSE: YELP) reported Wednesday with fourth-quarter results that easily beat expectations and said it expects revenue to grow at a mid-teens compounded annual growth rate through 2023. Here's how Yelp analysts on the Street reacted to the...
-
Cinemark Vs. AMC: Analyst Weighs In On Theater Stocks
Tuesday, February 12, 2019 - 1:27pm | 374Read More...Summer blockbuster movie season is still several months away, but one Wall Street analyst gave investors a sneak preview of what to expect from two popular movie theater stocks on Tuesday. The Analyst MKM Partners analyst Eric Handler reiterated his Buy rating and $47 price target for Cinemark...
-
Analysts Largely Sidelined On Twitter As Platform Gears For Higher Investments
Friday, February 8, 2019 - 2:09pm | 862Read More...Twitter Inc (NYSE: TWTR) shares came under pressure Thursday after the company issued disappointing guidance. The Analysts Morgan Stanley analyst Brian Nowak maintained an Equal-weight rating on Twitter shares and reduced the price target from $33 to $31. KeyBanc Capital Markets analyst...
-
Sell-Side Split On Mattel After Q4 Beat
Friday, February 8, 2019 - 12:30pm | 636Read More...Mattel, Inc. (NASDAQ: MAT) shares jumped higher Thursday on a fourth-quarter earnings beat and were continuing the gains Friday. Toy investors were by and large satisfied, but analysts remain divided. "We have seen turnaround stories in some dead old names," said...
















