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RBC's Mark Mahaney: No Reason To Buy Netflix Right Now
Wednesday, January 18, 2017 - 3:25pm | 284Read More...Netflix, Inc. (NASDAQ: NFLX) is scheduled to report its fourth-quarter results after Wednesday's market close, but investors shouldn't be rushing in to buy the stock ahead of the print. RBC Capital Market's Mark Mahaney was a guest on CNBC's "Halftime Report" and argued that expectations are set...
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Russian Economic Policy To Balance Alcoholism, Illegal Vodka Sales And Surrogate Consumption
Wednesday, January 4, 2017 - 9:40am | 1358Read More...Russian authorities are gearing up for a fight against a new kind of drinking problem. President Vladimir Putin has called for tightened alcohol regulations, and investigators have opened a criminal investigation, in response to the growing abuse of “alcohol substitutes.” In...
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Wall Street's Top Picks For 2017: All In One Place
Tuesday, December 27, 2016 - 1:22pm | 911Read More...We are into the homestretch of 2016, and the markets have seen strong upside this year, benefiting from the domestic economy's resilience and the election of Donald Trump. With just four sessions to go, the Dow Jones Industrial Average has been a up a solid 14.4 percent, the S&P 500 has risen...
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CF Is Not Out Of The Woods Yet; RBC Downgrades To Underperform
Tuesday, November 22, 2016 - 3:38pm | 218Read More...Despite a solid November thus far, CF Industries Holdings, Inc. (NYSE: CF) is not out of the woods yet according to RBC. The Deerfield, Illinois-based nitrogen agriculture company was downgraded by RBC to Underperform after seeing the recent rally in CF shares as “premature.” The...
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RBC's Mark Mahaney Talks FANG Trade And Other Tech Stocks
Friday, November 18, 2016 - 1:04pm | 351Read More...RBC Capital Market's lead internet analyst Mark Mahaney was a guest on CNBC's "Squawk Box" segment on Friday to talk about the "FANG" stocks and their performance over the past few weeks. Oh, What's In A FANG? The "FANG" group is an acronym that groups together some of the hottest tech stocks of...
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Strong Sector-Wide Grocery Performance Monday Leads Director To Add Shares
Tuesday, November 15, 2016 - 4:45pm | 395Read More...This year has already seen some merger and acquisition chatter in the retail food distribution and grocery space. Recently, RBC analysts David Palmer and Kevin Lehmann suggested Pinnacle Foods (NYSE: PF) has the potential to be a takeover target for Conagra Brands Inc (NYSE: CAG) citing four key...
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Here's One Analyst Who Believes Whole Foods Can Regain Its Competitive Edge
Thursday, November 3, 2016 - 2:09pm | 343Read More...Following the release of fiscal fourth-quarter results by Whole Foods Market, Inc. (NASDAQ: WFM), RBC Capital Markets said it continues to be long-term bullish on the company's opportunity to re-establish its competitive edge. Analyst William Kirk believes the company can take on competition only...
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How Sell-Side Analysts Are Reacting To The GE-Baker Hughes Deal
Tuesday, November 1, 2016 - 3:08pm | 634Read More...Following continued chatter regarding the General Electric Company (NYSE: GE)–Baker Hughes Incorporated (NYSE: BHI) deal, here is a compilation of sell-side analysts' takes on the soon-to-be spun off combined unit's separate publicly traded energy services company. Baker Hughes' Competitive...
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Dunkin' Donuts Dropped Down To Sector Perform At RBC
Monday, October 17, 2016 - 10:25am | 377Read More...RBC Capital Markets downgraded shares of Dunkin Brands Group Inc (NASDAQ: DNKN) from Outperform to Sector Perform. However, the firm lifted the target price from $51.00 to $54, citing the implied return on the increased price objective reflected the change in rating. Analyst David Palmer believes...
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Ollie's Bargain Outlet Overcomes A Sluggish Start To Deliver A Solid Quarter
Thursday, September 1, 2016 - 3:44pm | 330Read More...Ollie's Bargain Outlet Holdings Inc (NASDAQ: OLLI) posted another solid beat despite a sluggish start to the quarter and difficult year-over-year comparisons, leading RBC Capital to maintain its Outperform rating and raise estimates along with the price target. Ollie's second-quarter comps of 3.5...
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RBC Trims Abercrombie Price Target To $20
Thursday, September 1, 2016 - 1:17pm | 359Read More...Brian Tunick of RBC Capital Markets argued in a research note that Abercrombie & Fitch Co. (NYSE: ANF) is "fighting a good fight" but its second quarter earnings report, which includes an earnings miss puts a damper on the company's outlook. Tunick highlighted Abercrombie's traffic challenges...
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RBC's Got No Beef With McDonald's, Says Buy The Pullback
Tuesday, August 2, 2016 - 1:48pm | 332Read More...David Palmer of RBC Capital Markets said the recent pullback in McDonald's Corporation (NYSE: MCD) shares offer a good entry point for investors seeking growth and income. Pointing to the 3 percent dividend yield of McDonald, Palmer said, "We believe the key catalysts for the stock will be...
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RBC Puts Wendy's On The Backburner
Tuesday, August 2, 2016 - 1:43pm | 351Read More...RBC Capital Markets has downgraded Wendys Co (NASDAQ: WEN) to Sector Perform from Outperform on moderating same-store sales (SSS) trends in the second quarter and July, and less visible SSS drivers, which may limit valuation upside. RBC now expects SSS growth for the second, third and fourth...
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4 Potential Reasons Mondelez Bid For Hershey
Friday, July 1, 2016 - 10:14am | 559Read More...Barclays has attempted to explain why Mondelez International Inc (NASDAQ: MDLZ), which makes Oreo cookies and Cadbury chocolates, made its $107 cash and stock offer for Hershey Co (NYSE: HSY), which eventually rejected the bid. The acquisition would have created the world's largest candy maker at a...
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9 Stocks Haunted By Brexit, Creating Unwarranted Drops
Wednesday, June 29, 2016 - 3:40pm | 495Read More...After the United Kingdom's referendum vote sent stocks plummeting Friday and Monday, many analysts defended certain names within their coverage universe, claiming share price declines were unwarranted. Here are the most notable upgrades and reiterations claiming Brexit had overdone its impact...
















