SunTrust

SunTrust maintains its Neutral rating on the shares of Kate Spade & Co (NYSE: KATE), saying that the company's initiatives may not be enough to offset external headwinds. The company reported lower-than-expected second-quarter earnings and cut its full-year guidance reflecting the second-...

SunTrust kept its Neutral rating on Herbalife Ltd. (NYSE: HLF) shares unchanged despite a beat and raise quarter from the nutrition company. "[W]e remain Neutral on the name given (1) valuation at >14x 2016E EPS (10-16x historical) and (2) the potential for choppiness/hiccups as it implements new...

SunTrust maintains its Buy rating on Whole Foods Market, Inc. (NASDAQ: WFM), despite saying traffic is still a "bigger challenge" for the organic foods retailer. Whole Foods reported $0.37 per share in its third-quarter earnings, in line with the consensus/Street estimates. Same-store sales in the...

The strong second-quarter results of Facebook Inc (NASDAQ: FB) reinforced the bullish thesis of SunTrust's Robert "Bob" Peck, as the social media giant's quarterly numbers trumped the estimates of both Peck and the Street handsomely. Q2, In Review Facebook's second-quarter EPS/revenue of $0.97/$6....

SunTrust's Robert "Bob" Peck said Match Group Inc (NASDAQ: MTCH) is likely to benefit from strong paid member count growth in the second quarter. "Ahead of the 2Q earnings we believe 1) another ~220 million paid member counts (PMCs) added with a majority from Tinder," Peck wrote in a note. Peck...

Following Microsoft Corporation (NASDAQ: MSFT)’s massive $26 billion buyout of LinkedIn Corp (NYSE: LNKD), shareholders of Yahoo! Inc. (NASDAQ: YHOO) and Twitter Inc (NYSE: TWTR) seemed convinced buyout deals for each company were imminent. So far, they have both gotten nothing but more...

SunTrust analysts found Instagram’s recently released user numbers impressive, but wondered whether slowing user growth indicates that the U.S. market has already matured. Instagram is still seeing 300 million daily active users, about 60 percent of a total of 500 million monthly active...

As the new week starts, SunTrust gave multiple reasons why they believe the pharmaceuticals group can outperform in 2016. SunTrust believes upward pressure on pharma names can be attributed to innovative new product cycles, accelerating long-term growth rates, an attractive 3 percent dividend...

In a bullish note on Thursday, SunTrust highlighted their encouragement from Lululemon Athletica Inc. (NASDAQ: LULU)'s Q1 earnings report. As a result of multiple positive initiatives beginning to come to fruition, SunTrust raised their price target from $79 to $83. Analyst Pamela...

Noted Internet analyst, Bob Peck, of SunTrust Robinson Humphrey, commented on Alphabet Inc (NASDAQ: GOOGL)'s Google and Apple Inc. (NASDAQ: AAPL) cutting rates on subscription apps and the possible implications for Pandora Media Inc (NYSE: P). Peck noted both Apple and Google will soon...

CNBC reported Yahoo! Inc. (NASDAQ: YHOO) has received multiple bids at or above $5 billion for the core business, and SunTrust's Bob Peck said the bids "make more sense." "Given the level of interest, we remain optimistic that the core could fetch ~$6B in the ongoing auction...