Analyst Color

Bitcoin prices tumbled after news of yet another major crypto theft broke June 10. Week after week in 2018, cryptocurrency investors have been hit by a stream of negative headlines about increasing regulation and cryptocurrency-related thefts, hacks and scams. But even in a market that's known...

Coming into 2018, many traders expected the environment of rising interest rates, financial sector deregulation and a booming U.S. economy to create the perfect environment for bank stocks. Unfortunately, the Financial Select Sector SPDR Fund (NYSE: XLF) is down 1.7 percent so far this year, and...

Construction Partners Inc (NASDAQ: ROAD)’s consistent and steady stream of business is a recipe for profitability, according to Baird.  The Analyst Baird’s Andrew Wittmann on May 29 initiated coverage of Construction Partners with an Outperform rating and $15 price target...

The growth of mobile gaming has Piper Jaffray out bullish on Glu Mobile Inc. (NASDAQ: GLUU). The Analyst Analyst Michael Olson initiated coverage of Glu Mobile with an Overweight rating and $7.50 price target. The Thesis Glu Mobile is on a favorable ongoing trajectory, with the...

Shares of the Dutch company Aegon N.V. (ADR) (NYSE: AEG) have outperformed American and European peers since the start of 2018, but Bank of America Merrill Lynch sees two risks in the stock that led to a downgrade Friday.  The Analyst BofA's Michael van Wegen downgraded Aegon...

Can Apple Inc. (NASDAQ: AAPL) do well while their suppliers suffer? The answer is yes for two reasons: Apple's inventories are up big year-over-year and Apple is bringing some production in-house. So the normal trade of buying the suppliers on the cheap because Apple's...

World Wrestling Entertainment, Inc. (NYSE: WWE) stock has more than doubled in 2018, but Wall Street sees even more upside ahead if reports about new TV deals are accurate. The Analyst Wells Fargo analyst Eric Katz on Friday reiterated his Outperform rating for the stock and raised his price target...

Argus Capital Markets analyst John Staszak on Friday downgraded Southwest Airlines Co (NYSE: LUV) from Buy to Hold. The Thesis The analyst believes Southwest is well-managed and financially strong, but that shares are fairly valued at its current price. The low-cost airline is focused on the...

Optoelectronics company Finisar Corporation (NASDAQ: FNSR) reported Thursday afternoon with disappointing fiscal fourth-quarter results, but that shouldn't alter the bullish long-term thesis, according to Morgan Stanley. The Analyst Morgan Stanley's Meta Marshall maintains an...

Adobe Systems Incorporated (NASDAQ: ADBE)'s fiscal second-quarter print came in better than expected Thursday afternoon. Here's how the sell side reacted. The Analysts Pivotal Research Group's Brian Wieser maintained Adobe at Hold with a price target lifted from $...

One of Advanced Micro Devices, Inc.'s (NASDAQ: AMD) main drivers for the back half is the company's planned EPYC server growth. If this analyst's conversation with Intel Corporation's (NASDAQ: INTC) CEO was correct, Intel hinted to giving up more market share than AMD...

Shares of NXP Semiconductors (NASDAQ: NXPI) and QUALCOMM, Inc. (NASDAQ: QCOM) were volatile Friday on conflicting reports about the companies’ proposed merger. What Happened The South China Morning Post reported late Thursday that Chinese regulators approved Qualcomm’s acquisition of...

Badger Meter, Inc. (NYSE: BMI), a manufacturer of flow measurement and control technologies, is likely to benefit from a healthy overall outlook for the North American metering market as well as its latest product offerings, according to Canaccord Genuity.  The Analyst Analyst Chip Moore...

Charles River Laboratories Intl. Inc (NYSE: CRL), a preclinical and clinical laboratory service provider to the pharmaceutical, medical device and biotechnology industries, is "by far" an industry leader, according to KeyBanc Capital Markets.  The Analyst Analyst Donald Hooker...

Nike Inc (NYSE: NKE) could be nearing an inflection point, an incrementally bullish Wedbush analyst said in a new report.  The Analyst  Wedbush’s Christopher Svezia maintained an Outperform rating on Nike and raised the price target from $75 to $82. The Thesis With accelerating...