RBC

The chances for a Viacom Inc. (NASDAQ: VIAB) merger with CBS Corporation (NYSE: CBS) now look pretty good, accorindg to RBC Capital Markets . The Analyst RBC’s Steven Cahall upgraded Viacom from Sector Perform to Outperform and raised the price target from $31 to $36. The Thesis Viacom’...

Tesla, Inc. (NASDAQ: TSLA) received more bad news Monday when a pair of analysts became the latest to lower price targets for the struggling stock. The Analysts RBC analyst Joseph Spak reiterated his Underperform rating and cut his price target from $245 to $210. JMP analyst Joseph Osha reiterated...

ADT Inc (NYSE: ADT) shares crashed 13 percent Tuesday after the company reported a net loss of $149 million in the fourth quarter, missing consensus analyst estimates. The adjusted earnings per share loss was 4 cents, well below consensus expectations of a 12-cent per-share profit. Despite a 7-...

The Street had little love for TrueCar Inc (NASDAQ: TRUE) this Valentine’s Day. Analysts pulled back when the online auto market reported an earnings miss and issued weak guidance. The Ratings RBC Capital analyst Mark Mahaney downgraded TrueCar to Sector Perform and cut his price target from...

The Benzinga Global Fintech Awards are a yearly showcase of the best and brightest in fintech. In preparation for its biggest installment yet in May 2018, we're profiling the companies competing for the BZ Awards. Our next feature is on RBC Correspondent And Advisor Services. What does your...

If Twitter Inc (NYSE: TWTR) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s YouTube reviews mean anything, Chipotle Mexican Grill, Inc. (NYSE: CMG)’s new queso is “trash,” its flavor “chalk” or “dog food,” its consistency “soup.” So if you...

Tesla Inc (NASDAQ: TSLA) is reportedly working with chipmaker Advanced Micro Devices, Inc. (NASDAQ: AMD) to develop chips for driverless vehicles that incorporate artificial intelligence technology. While the partnership is certainly good news for AMD investors, shares of NVIDIA Corporation (NASDAQ...

Blue Apron Holdings Inc (NYSE: APRN) shares jumped 13 percent on Monday after a number of its IPO underwriters weighed in on the stock for the first time following the expiration of the mandatory post-IPO quiet period. Here’s a rundown of what Wall Street had to say about Blue Apron. Barclays...

Coach Inc (NYSE: COH) has strengthened its position moving into the future, leading RBC analyst Brian Tunick to raise its price target from $45 to $50, and reiterated an Outperform rating. The analyst raised the price target without even adjusting estimates to account Coach’s acquisition of...

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’...

RBC Capital Markets has upgraded Ford Motor Company (NYSE: F) from Sector Perform to Outperform and believes Ford and rival General Motors Company (NYSE: GM) could have the makings of a solid pair trade. According to analyst Joseph Spak, Ford has a number of positive catalysts ahead, especially...

RBC Capital has said Western Digital Corp (NASDAQ: WDC) remains well-positioned for $10+ EPS after the company’s December quarter results handily beat Street estimates. “We think fundamentals remain intact, as WDC should benefit from a favorable HDD environment and a tight NAND market,...

International Business Machines Corp. (NYSE: IBM) may have reported better-than-expected fourth quarter numbers and guided FY 2017 EPS modestly above consensus. But, sell-side analysts are not impressed by the results as they look for better earnings quality, improvement in organic growth and...

Netflix, Inc. (NASDAQ: NFLX) continues to hold the significant gains it experienced after-hours Wednesday after reporting a remarkable fourth quarter in which it saw the most subscriber adds in a quarter in company history. Netflix stock also hit a new all-time high. Netflix's fourth quarter saw...