Analyst Color

Chegg Inc (NYSE: CHGG) shares are up 14.4% in the last week after the company reported a second-quarter earnings beat and issued strong guidance ahead of what will be another unusual U.S. school semester this fall. Chegg reported second-quarter EPS of 37 cents on $153 million in revenue. Both...

Coronavirus vaccine maker Moderna Inc (NASDAQ: MRNA) is scheduled to report its second-quarter results Wednesday ahead of the market open. Q2 Expectations For Moderna: Cambridge, Massachusetts-based Moderna is widely expected to report a loss of 35 cents per share for the quarter, narrower than...

Amarin Corporation plc (NASDAQ: AMRN) shares were advancing strongly Tuesday following the release Tuesday of second-quarter results. What Happened: Amarin reported second-quarter revenue of $135.3 million, up 34% year-over-year, but below the $149.48-million consensus estimate. "...

One of the biggest debates on Wall Street in 2020 has been whether or not the tech sector is currently experiencing a bubble like it did during the dot com era roughly 20 years ago. DataTrek Research recently conducted a survey of more than 300 subscribers to determine how the average investor...

The electric vehicle space is getting more crowded and Tesla Inc (NASDAQ: TSLA) may no longer hold the top play in the space, according to two pros. Tesla Could Become 'Another Car Company': Electric truck maker Nikola Corporation (NASDAQ: NKLA) is the first "real interesting"...

Shares of LyondellBasell Industries NV (NYSE: LYB) have underperformed peers, despite a similar reduction in forecasts and offering a dividend that seems to be sustainable, according to BofA Securities. The LyondellBasell Analyst: Steve Byrne upgraded LyondellBasell Industries from Underperform to...

Roku, Inc. (NASDAQ: ROKU) shares are trading higher after Rosenblatt maintained a Buy rating on the stock and raised its price target from $145 to $190. "We are incrementally more bullish on Roku’s ad revenue prospects NTM as we believe the pandemic has (at last) become a tipping point...

Take-Two Interactive Software, Inc’s (NASDAQ: TTWO) solid first-quarter print and potentially strong fiscal 2021 performance seem priced into the stock, according to BofA Securities. The Take-Two Analyst: Ryan Gee downgraded Take-Two Interactive Software from Neutral to Underperform and...

Curaleaf Holdings Inc. (OTC: CURLF) has been one of the hottest cannabis MSO stocks in recent months, and one Wall Street analyst said Tuesday that the stock may be headed even higher following the closing of its Grassroots acquisition. Cantor Fitzgerald analyst Pablo Zuanic reiterated his neutral...

Draftkings Inc (NASDAQ: DKNG) shares are now down 6.5% in the past week after Major League Baseball’s opening weeks of play have been far from smooth. Miami Marlins games have been postponed after 21 players tested positive for COVID-19, and the St. Louis Cardinals games were also placed...

NVIDIA Corporation (NASDAQ: NVDA) shares have rallied strongly this year, thanks to its product momentum and opportunities created by the coronavirus pandemic.   Amid rumors that Nvidia might be eyeing U.K.-based chipset maker Arm Holdings, an analyst said a potential acquisition of...

Trends in the home improvement industry are strong, according to KeyBanc Capital Markets data.  The Analyst: Bradley Thomas has an Overweight rating on Lowe’s (NYSE: LOW) with a $165 price target; a Sector Weight rating on Home Depot (NYSE: HD); and an Overweight...

Ford Motor Company’s (NYSE: F) outlook for the second half of the year remains “mixed but reasonable,” according to Morgan Stanley. The Ford Analyst: Analyst Adam Jonas maintained an Overweight rating on Ford and established a price target of $8. Takeaways On Ford: The...

Social shopping trends remain as the primary tailwind that will drive outperformance for Pinterest Inc (NYSE: PINS), according to Morgan Stanley. The Pinterest Analyst: Brian Nowak reiterated an Equal-Weight rating on Pinterest and raised the price target from $26 to $34. The Pinterest Takeaways:...

Qualcomm, Inc. (NASDAQ: QCOM) is an interesting option for investors willing to look beyond the pandemic for a 5G pure play, according to Bernstein. The Qualcomm Analyst: Stacy Rasgon upgraded Qualcomm from Market Perform to Outperform and raised the price target from $105 to $135. The...