Nomura

Tempur Sealy International Inc (NYSE: TPX) shares plunged last week after it split with its largest customer, Mattress Firm, losing more than 25 percent in a day, and the mattress maker’s board has responded to the selloff with a shareholder rights plan. The plan, announced Thursday, gives...

Online retail giant Amazon.com, Inc. (NASDAQ: AMZN) reported Thursday after the close fourth-quarter earnings of $1.54 per share, ahead of the $1.35 per share consensus estimate. This was up from $1 in the year-ago period. Revenues during the quarter that encompasses the holiday selling season...

Although Amazon.com, Inc. (NASDAQ: AMZN) reported its Q4 revenue slightly higher than the midpoint of its guidance range, the figure came in short of Street expectations. This was unusual, but what was particularly surprising was to see revenue growth expectations for 2017 faltering, Nomura...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) reported an earnings miss, despite better-than-expected revenue, as a mysterious cost of goods sold expense weighed on the margins. But, Wall Street’s bullish long-term view on the stock remains largely unchanged. There are reasons for Street’...

Expressing concern regarding the timeline of the NXP Semiconductors NV (NASDAQ: NXPI) deal, Nomura’s Romit Shah downgraded the rating on QUALCOMM, Inc. (NASDAQ: QCOM) from Buy to Neutral, while lowering the price target from $80 to $70. Deal Concerns Shah mentioned that the NXP Semiconductors...

Delving into T-Mobile US Inc (NASDAQ: TMUS)'s announcement concerning the next phase of its Uncarrier movement, Nomura said the new initiative is effectively a price cut. Analyst Jeffrey Kvaal noted that starting January 22, all T-Mobile ONE plans will include taxes and fees in its currently...

Nomura’s Mark Kalinowski maintains Buy ratings on McDonald's Corporation (NYSE: MCD) and Yum! Brands, Inc. (NYSE: YUM), while reducing their price targets and estimates. McDonald's The price target has been reduced from $139 to $137. The EPS estimates for McDonald's for 2016 and...

Apple Inc. (NASDAQ: AAPL)'s stock has traded mostly in line with the S&P 500 in the past year ahead of what many analysts anticipate will be the biggest iPhone upgrade in years in 2017. The iPhone 8 will mark the 10-year anniversary of the original iPhone. Over the past decade, the iPhone has...

Nomura sees 25 percent potential upside in shares of Square Inc (NYSE: SQ) as it started coverage of the stock with a Buy rating and $18 price target, given the company’s consistent share gains in the integrated payments sector. Square benefits from a solid product, strong brand, and high...

Oracle Corporation (NYSE: ORCL) is expected to report its 2017 Q2 earnings Thursday after the market close, and the Street is mostly Bullish leading in. The consensus EPS estimate is $0.60 with revenue at $9.12 billion. Ratings And Price Targets Bernstein: Outperform; $52 price target. BTIG: Buy; $...

Chipotle Mexican Grill, Inc. (NYSE: CMG) hosted a conference call Tuesday to discuss ongoing and new operational changes, along with the earlier announced departure of co-CEO Monty Moran. Nomura’s Mark Kalinowski maintains a Neutral rating on the company, with a price target of $333....

Nomura’s Bill Carcache recommends current shareholders of American Express Company (NYSE: AXP) take advantage of the recent Trump rally. Carcache maintains a Reduce rating on the company, with a price target of $63. Time To Reduce Position The analyst believes that American Express...

Following Starbucks Corporation (NASDAQ: SBUX)'s biennial Analyst Day, Nomura said it continues to believe the company will eventually overtake McDonald's Corporation (NYSE: MCD) as the U.S.-bases restaurant company with the largest market capitalization. Starbucks currently has a market...

Nomura’s Jeffrey Kvaal believes Juniper Networks, Inc. (NYSE: JNPR)'s “new QFX family of data center switches is set to grow rapidly in 2017.” Kvaal upgraded the rating on the company from Neutral to Buy, while raising the price target from $24 to $33. Switching Momentum The...

Nomura has downgraded Goldman Sachs Group Inc (NYSE: GS) to Neutral, as it believes Donald Trump tailwinds appear largely priced in to the shares following the recent rally. Financials Under A Trump White House Financial stocks are rallying post-election, with the Financial Select Sector SPDR Fund...