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Red Hat Considered The 'Best Positioned' Software Company By MKM
Thursday, June 23, 2016 - 4:11pm | 125Read More...In a note to investors Thursday, MKM analyst Kevin Buttigieg admitted to several disappointing features of Red Hat Inc (NYSE: RHT)’s recent earnings release. Billings growth was good, but some slowing was evident. Acquisitions put pressure on cash flows and affected guidance....
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MKM Previews Toll Q2 Earnings: 'The Selloff Has Been Overdone'
Thursday, May 19, 2016 - 6:19pm | 193Read More...MKM's Megan McGrath has been getting ready for the Homebuilder earnings season. On Thursday, she issued a second-quarter earnings preview for Toll Brothers Inc (NYSE: TOL). McGrath maintains a Buy rating and $38 price target ahead of the May 24 release. "We believe that for TOL, the...
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Here's What Google Metrics You Should Be Watching For
Thursday, April 21, 2016 - 2:21pm | 304Read More...Perennially one of the most anticipated earnings of the year, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is set to report Q1 results after hours today. We often focus on the top and bottom line numbers (revenue and EPS), but while these are extremely useful figures to compare to estimates, what...
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MKM Partners Says To Expects The Vix Curve To Cycle Trough To Peak, Sees Elevated Spot Floor Between 15-17 Range
Wednesday, March 9, 2016 - 12:04pm | 296Read More...In a new report, MKM Partners analyst Jim Strugger discusses the market implications of the recent pickup in volatility. According to Strugger, traders should take a cautious approach to stocks regardless of whether or not a bear market has begun. From a historical perspective, every major bear...
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Kohl's Gets Mid-Day Downgrade, Analyst Cites 'Structural Challenges'
Thursday, February 4, 2016 - 2:45pm | 254Read More...Wall Street dragged Kohl's Corporation (NYSE: KSS) through the mud on Thursday after the company lowered its 2016 guidance. The retailer's stock fell nearly 20 percent by Thursday afternoon as investors fled after a fiscal update revealed the company significantly lowered its earnings outlook. MKM...
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ServiceNow Tumbles Over 20% As Sell-Side Reacts To Earnings And Guidance
Thursday, January 28, 2016 - 1:18pm | 490Read More...Following its earnings report, research firms MKM and Mizuho both issued notes regarding ServiceNow Inc (NYSE: NOW). While ServiceNow did report better-than-expected quarterly results, the revenue forecast was weak. MKM and Mizuho both downgraded the stock to Neutral, with a price target of $60 and...
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MKM Analyst: Would Short Southwest Around $39.50 And Cover Near $37
Friday, January 22, 2016 - 12:04pm | 159Read More...Southwest Airlines Co (NYSE: LUV) shares are flat on Friday near the $39.50 level. According to some commentary from MKM's analyst desk, the airline stock might make a good short before it falls to the $37 level. The analysts are concerned about airliners and cruise ships following crude...
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MKM's Jon Krinsky: Buy Low Volatility Stocks, Sell High Beta Stocks
Monday, January 11, 2016 - 11:43am | 281Read More...After the worst opening week for the S&P 500 in history, MKM Partners analyst Jonathan Krinsky now believes that traders should be ditching high-volatility stocks in favor of safer, low-beta names. The S&P 500 dropped nearly 6.0 percent in the first week of 2016 trading, its largest...
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Big Opportunity For Infinera Corp. In Metro Networks
Monday, June 15, 2015 - 5:32pm | 276Read More...Networking equipment provider Infinera Corp. (NASDAQ: INFN) is entering a new market for services in densely populated regions that may offer "major legs" to its growth story, an analyst said Monday. The Sunnyvale, California-based company's shares have gained more than 50 percent year-to-date and...
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Price War Truce Helps National CineMedia
Tuesday, May 19, 2015 - 7:41am | 408Read More...Price wars hurting the cinema advertising company National CineMedia, Inc. (NASDAQ: NCMI) appear to have subsided and the company is on track for robust 2015 growth, according to an analyst. FBR's Barton Crockett upgraded the company to Outperform with a $17.50 target and said theater...
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Analysts See Solid Q1 For Salesforce; Merger News Unlikely
Monday, May 18, 2015 - 12:26pm | 342Read More...Salesforce.com, Inc. (NYSE: CRM) probably won't shed light on its rumored acquisition when it posts results Wednesday, an analyst said. Unconfirmed reports have suggested the customer relations management company is evaluating at least one buyout offer. "The price tag and deal size...
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MKM Sees Consolidation In Subscription Software Space
Tuesday, March 31, 2015 - 2:16pm | 362Read More...NetSuite Inc (NYSE: N)'s recently announced sales partnership with The Ultimate Software Group, Inc. (NASDAQ: ULTI) suggests that a consolidation wave may hit the subscription software sector, an analyst said Tuesday. MKM's Kevin Buttigieg said companies with narrowly specialized...
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Jim Strugger's Option Strategy For Bank Of America
Monday, March 9, 2015 - 4:58pm | 336Read More...MKM Holdings Derivatives Strategist, Jim Strugger, was on Bloomberg Monday to share his option trading strategy for Bank of America Corp (NYSE: BAC) going into Wednesday and discuss how the unemployment numbers last Friday have affected asset classes. No Asset Class Will Be Spared "I...
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6 Financials To Watch Before Today's Stress Test (In 2 Charts)
Thursday, March 5, 2015 - 12:08pm | 324Read More...MKM Partners commented on financial stocks Thursday ahead of supervisory stress tests results the same day and the Comprehensive Capital Analysis and Review (CCAR) on March 11. Derivatives Specialist Jim Strugger noted that financials were the third-worst performing sector this year with a...
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Analysts Skeptical On Deal For DreamWorks Animation
Friday, November 14, 2014 - 3:05pm | 469Read More...DreamWorks Animation Skg Inc's (NASDAQ: DWA) big jump on speculation that it could be acquired by Hasbro, Inc. (NASDAQ: HAS) stirred skepticism among analysts Friday. Topeka's David Miller said the chatter marks the second time in six weeks -- and the seventh time he can remember --...
