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Roku's Valuation Reflects Its Advertising Opportunity, DA Davidson Says In Initiation
Tuesday, May 1, 2018 - 3:03pm | 420Read More...Roku Inc (NASDAQ: ROKU) is not only a leading provider of streaming video products, but is poised to take advantage of a large shift in advertising dollars toward online video. That's not enough to justify an aggressive stance on the stock, according to D.A. Davidson. The Analyst D.A....
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DA Davidson Is Neutral On Fitbit, But Says Wearable Tech Maker Holds 'Tremendous' Opportunity
Tuesday, May 1, 2018 - 11:51am | 425Read More...Fitbit Inc (NYSE: FIT) is overseeing a multiyear effort to shift its business toward a recurring revenue model, which implies a bullish stance on the stock is unwarranted, according to D.A. Davidson. The Analyst D.A. Davidson's Tom Forte initiated coverage of Fitbit's stock with a Neutral...
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Apple Will Be King Again: DA Davidson Initiates With Buy Rating, $220 Target
Tuesday, May 1, 2018 - 8:50am | 353Read More...Apple Inc. (NASDAQ: AAPL)'s status as one of the most "significant" technology companies in the planet remains unchanged despite facing multiple challenges, according to DA Davidson. The Analyst DA Davidson's Tom Forte initiated coverage of Apple's stock with a Buy rating...
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Amazon's Q1: A Bullish Sell-Side Reacts
Monday, April 30, 2018 - 12:30pm | 657Read More...Amazon.com Inc. (NASDAQ: AMZN) reported an impressive first quarter Thursday, reinforcing sell-side optimism in the company’s ability to drive continued growth across multiple segments. Here’s an overview of what analysts are saying after the print. The Ratings ...
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DA Davidson Identifies Banks, REITS That Could Benefit From Amazon's HQ2
Friday, April 6, 2018 - 12:16pm | 731Read More...Online retail giant Amazon.com, Inc. (NASDAQ: AMZN) is searching for a second headquarters. With the company expected to pick a location from a list of 20 finalists, D.A. Davidson analyst Kevin Reevey looked at likely winners and some potential beneficiaries from what's known as "HQ2....
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DA Davidson Recommends Buying Amazon Weakness, Says Retail Giant Has 'Low Likelihood' Of Antitrust Headwinds
Tuesday, April 3, 2018 - 11:37am | 672Read More...President Donald Trump's comments on Amazon.com, Inc. (NASDAQ: AMZN) — coupled with overall market volatility — have resulted in a more than 4-percent selloff in the stock throughout March. But long-term investors should take advantage of the dip, according to D.A. Davidson. The...
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Despite Overstock's Stalled Common Offering, DA Davidson Remains Bullish
Monday, April 2, 2018 - 12:00pm | 396Read More...Overstock.com Inc (NASDAQ: OSTK) announced a public offering of its common stock March 26, but reports the company canceled its offering could "add fuel to the fire of the detractors," according to D.A. Davidson. The Analyst Analyst Tom Forte maintains a Buy rating on Overstock...
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4 Potential Overstock Catalysts That Make DA Davidson Bullish
Monday, March 19, 2018 - 2:25pm | 463Read More...Overstock.com Inc (NASDAQ: OSTK) has had a rough go of it so far in 2018, but one analyst said investors should remain patient for positive catalysts on the horizon. The Analyst D.A. Davidson analyst Tom Forte in a March 16 note reiterated a Buy rating and lowered the price target for...
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DA Davidson Downgrades Wayfair In The Face Of Increased Competition From Overstock
Friday, March 16, 2018 - 4:43pm | 457Read More...Wayfair Inc (NYSE: W) shares closed down nearly 6 percent Friday after D.A. Davidson issued a bearish report expressing concern indicates over Overstock.com Inc (NASDAQ: OSTK)'s comments that the online retailer would increase spending to take more market share in the home furnishing space....
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Zagg On Solid 3-Year Growth Trajectory, DA Davidson Says In Bullish Initiation
Friday, March 16, 2018 - 1:22pm | 359Read More...Zagg Inc (NASDAQ: ZAGG), a leader in the battery case and screen protector market, is poised to see solid sales growth and margin expansion over the next three-year period, an analyst at DA Davidson said. The Analyst DA Davidson's Tom Forte initiated coverage of Zagg with a Buy rating...
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DA Davidson Downgrades CommerceHub Following Buyout
Wednesday, March 7, 2018 - 4:20pm | 355Read More...CommerceHub Inc (NASDAQ: CHUBA), a distributed e-commerce network for retailers and brands, announced Tuesday morning open an agreement to be bought by private-equity firms GTCR and Sycamore Partners for $1.1 billion in cash. Reacting to the announcement, the stock settled Tuesday's session up...
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Analyst Stays Bullish On Overstock's tZERO Coin Offering Despite Regulatory Risk
Monday, March 5, 2018 - 11:50am | 395Read More...Overstock.com Inc (NASDAQ: OSTK) shares are down more than 8 percent in the past week after the SEC announced it's investigating the initial coin offering of Overstock subsidiary tZero. While investors are clearly concerned about the implications of the investigation, at least one Wall Street...
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DA Davidson: New Amazon Studios Leader Bodes Well For The Company's Large Content Investment
Tuesday, February 13, 2018 - 12:59pm | 402Read More...Amid a 6-percent pullback and the filling of a critical executive vacancy, one analyst sees a buy-in opportunity at Amazon.com, Inc. (NASDAQ: AMZN). The Rating DA Davidson analyst Tom Forte reiterated a Buy rating on Amazon with an $1,800 price target. The Thesis Amazon named NBC Entertainment...
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6 Analysts React To The PayPal-eBay Split
Thursday, February 1, 2018 - 5:41pm | 735Read More...PayPal Holdings Inc (NASDAQ: PYPL) and eBay Inc (NASDAQ: EBAY) are headed in opposite directions after eBay announced it will switch to a new payments processor starting in 2020. A number of Wall Street analysts weighed in on the two stocks following the report. Voices From The Street ◘...
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Could Amazon Bring Its Cashierless 'Go' Store Concept To Whole Foods?
Thursday, January 25, 2018 - 9:58am | 379Read More...Amazon.com, Inc. (NASDAQ: AMZN) opened its first Go store to the public this week, and one analyst said the cashierless warehouse is just the beginning of a grocer revolution. The Rating DA Davidson analyst Tom Forte maintained a Buy rating on Amazon and increased the price target from $1,500 to...














