MKM Partners

Canopy Growth Inc. (NYSE: CGC) (TSE:WEED) recently announced its new product line amid Canada's "cannabis 2.0" launch this month. Here's what the sell-side thinks. The Analysts Bank of America Merrill Lynch's Christopher Carey reiterated a Buy rating on Canopy Growth and...

Slack Technologies Inc (NYSE: WORK) reported third-quarter revenue and earnings beats on Wednesday. Slack also guided for fourth-quarter revenue of between $172 million and $174 million, slightly above consensus analyst expectations of $172.4 million. However, Slack also guided for a fourth-quarter...

Gap Inc (NYSE: GPS) investors were dealt multiple blows as the company announced the resignation of CEO Art Peck along with a disappointing third-quarter and full-year guidance update. The Analysts MKM Partners Roxanne Meyer maintains a Neutral rating on Gap's stock with a fair value estimate...

World Wrestling Entertainment, Inc. (NYSE: WWE) reported third-quarter results with weakness across the board. Shares fell more than 15%, but analysts aren't tapping out of the stock yet. The Analysts Morgan Stanley analyst Benjamin Swinburne maintains an Overweight rating on WWE's stock...

Will this be a silver bullet? Molson Coors Brewing Co (NYSE: TAP) is making major changes in a revitalization plan that will move its headquarters from Denver to Chicago, cut hundreds of jobs and work to speed up how quickly it brings new products to market. What It Means New products are the...

Arista Networks Inc (NYSE: ANET) shares were plunging to a two-year low after the maker of data center switches issued a downbeat fourth-quarter outlook Thursday.  The Analysts MKM Partners analyst Michael Genovese maintained a Neutral rating on Arista and lowered the fair value estimate...

Electronic Arts Inc. (NASDAQ: EA) turned in an unexpectedly strong second quarter with revenue and earnings beating expectations. But analysts' enthusiasm was limited by the company's unexpected decision to push the next title in its "Battlefield" franchise out a year to 2022,...

The post-Toys-R-Us toy market is thriving. Mattel Inc (NASDAQ: MAT) surged Wednesday after outperforming Street estimates in its third-quarter earnings report. The Earnings With help from Barbie and Hot Wheels, Mattel beat consensus estimates on sales, cost savings and earnings before interest, tax...

Beyond Meat Inc (NASDAQ: BYND)'s stock peaked at $239.71 and is now flirting with the $100 level — and one pro is projecting even more downside to the $85 level. What Happened Beyond Meat stock was once higher by more than 800%, but two upcoming events have some investors...

Exercise equipment maker Peloton Interactive Inc (NASDAQ: PTON) traded below its IPO price in late September. On Monday, multiple analysts released their first thoughts on the company's stock. The Analysts MKM Partners analyst Rohit Kulkarni initiated coverage at Neutral, $24 fair value...

World Wrestling Entertainment, Inc. (NYSE: WWE) shares are down 26.95% in the past six months as the stock’s TV renewal catalysts have faded and new competition has emerged. However, with the company’s third-quarter earnings report less than a week away, analysts remain bullish on WWE...

Aurora Cannabis Inc (NYSE: ACB) stock is down 30.03% on a year-to-date basis, and 35.1% over the last 30 days. The Analyst MKM Partners analyst Bill Kirk maintained a Sell on Aurora and lowered the price target from CA$5 ($3.78) to CA$3.50 ($2.65).  The Thesis MKM has three...

HEXO Corp. (TSX: HEXO) (NYSE: HEXO) announced Friday that Chief Financial Officer Michael Monahan is resigning due to family reasons.  "Since joining HEXO Corp, it has become apparent that this job requires me to spend the majority of my time in Gatineau and in Ottawa. During this...

MKM Partners started coverage of the two rideshare giants, Uber Technologies Inc. (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) with Neutral ratings, citing regulatory uncertainty in the still developing industry. MKM's Rohit Kulkarni initiated coverage of Uber a price target of $32 and started its...

Most cannabis stocks are trending at or near their 52-week lows, with the imminent earnings season creating anxiety in the minds of traders. In its fourth-quarter report, Aurora Cannabis Inc (NYSE: ACB) warned of slower buying by provinces in July and August. The Analyst MKM Partners analyst...