Tom Forte

Shares of Groupon Inc (NASDAQ: GRPN) were trading lower by more than 30 percent shortly after Wednesday's opening bell. Investors and traders fled the stock after the company announced a poor sales outlook. Wall Street's reaction wasn't all doom and gloom as analysts at Brean...

Shares of Groupon Inc (NASDAQ: GRPN) gained 5 percent during Tuesday's session but plunged lower by more than 28 percent early Wednesday morning. Groupon's stock was halted shortly after 4:00 p.m. ET Tuesday as the company announced a weak outlook. Tom Forte of Brean Capital...

Groupon Inc (NASDAQ: GRPN) shares have been treading a downward path in 2015 and are down 58 percent year-to-date. Brean Capital’s Tom Forte maintained a Buy rating on the company, with a price target of $8. A strong U.S. dollar and tough comps are expected to restrict the company...

Nordstrom, Inc. (NYSE: JWN) announced on Thursday a $4.85 per share special dividend and a $1 billion increase to its buyback program. Tom Forte of Brean Capital is "very encouraged" by the announcement, but maintained a Hold rating. According to Forte, the stock's valuation...

Shares of Groupon Inc (NASDAQ: GRPN) fell more than 2 percent on Tuesday after the company announced it will restructure its international operations. Tom Forte of Brean Capital reiterated a Buy rating and $8 price target on Groupon following the announcement. Forte noted the announcement...

Shares of HSN, Inc. (NASDAQ: HSNI) have fallen more than 20 percent since its Q2 earnings were released in August. Tom Forte of Brean Capital maintained a Buy rating and $81 price target in a note on Friday. Forte stated the "pressure put on shares" is "overdone" and...

Tom Forte at Brean Capital said that Groupon Inc (NASDAQ: GRPN)'s earnings report offered "a mixed bag, with a little of everything." However, when looking at the company as a whole, Forte found value – revising the 12-month price target to $8 from $11, but reiterating the...

The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." JPMorgan: Downgrading Linn Energy Gabriel Daoud of JPMorgan downgraded shares of both Linn Energy LLC (NASDAQ: LINE) and LinnCo LLC (NASDAQ:...

In a report published Tuesday, Brean Capital analyst Tom Forte reiterated a Buy rating and price target of $23 on Etsy Inc (NASDAQ: ETSY). The analyst expects the company to report strong results for 2Q15. Although the company does not provide specific quarterly guidance on EPS, adjusted...

Shares of Etsy Inc (NASDAQ: ETSY) were rallying in Wednesday’s market session. The stock hit a high of nearly $18 after closing near $16 a day earlier. After selling off near the end of the day, the stock closed near $16.78, up almost 5 percent. So, why is Etsy up? A Couple Reasons...

Groupon Inc (NASDAQ: GRPN)'s shares were hammered by recent news of its chief financial officer's resignation, but several analysts were divided on the company's prospects Thursday. Groupon shares are off about 5 percent in the past five trading days and changed hands recently...

Shares of Etsy Inc (NASDAQ: ETSY) fell vigorously on Wednesday on back of the disappointing quarterly results posted by the company on Tuesday. However, Brean Capital analyst Tom Forte released a note to clients recommending them to buy the stock on pullback. Forte was on CNBC recently to explain...