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Why Morgan Stanley's E*TRADE Buyout 'Makes Strategic Sense'
2020 Feb 20, 11:12am | 508Read More...E*TRADE Financial Corp (NASDAQ: ETFC) shares soared higher by 24.6% on Thursday after Morgan Stanley (NYSE: MS) announced a $13 billion all-stock buyout of the trading platform. The deal is expected to close in the fourth quarter and will further increase Morgan Stanley’s focus on relatively...
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JPMorgan Downgrades Budweiser Parent Company Ahead Of 'Challenging' 2020
2020 Feb 20, 10:56am | 364Read More...Anheuser Busch Inbev NV (NYSE: BUD) faces a "challenging" environment in 2020, which will likely result in pressure on gross margin and EBITDA margin, according to JPMorgan. The Analyst Celine Pannuti downgraded Ab InBev's stock from Neutral to Underweight with a price target lowered...
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3 Reasons S&P 500 Record Highs Could Keep On Coming
2020 Feb 20, 10:00am | 529Read More...After a huge year in 2019, the SPDR S&P 500 ETF Trust (NYSE: SPY) is already up another 4.8% so far in 2020 in less than two months. Years of record highs have pushed the market’s valuation in line with previous market tops. Tom Essaye, founder of Sevens Report Research, said Wednesday...
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AMD Approaching Levels That Present More Balanced Risk-Reward, Analyst Says
2020 Feb 20, 9:25am | 384Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) shares ended Wednesday's session at a record closing high of $58.90, bringing up the total year-to-date gain to 28.4%. The record run has pushed an analyst at Wells Fargo to the sidelines. The AMD Analyst Aaron Rakers downgraded AMD from Overweight to...
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8 Retail Stocks To Put In Your Cart
2020 Feb 20, 9:01am | 1222Read More...The retail sector has been a minefield for investors in the past several years as traditional brick-and-mortar companies attempt to fend off online competition from Amazon.com, Inc. (NASDAQ: AMZN) and others. In fact, the SPDR S&P Retail (NYSE: XRT) is down 8% overall in the past five years....
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This Stock Is One of BofA's Top Picks Offering 30% Upside Potential
2020 Feb 19, 5:05pm | 388Read More...On-demand financial management and human capital management, or HCM, software vendor Workday Inc (NASDAQ: WDAY), which is scheduled to report its fourth-quarter results Thursday after the market close, is poised to see stock price appreciation, according to an analyst at BofA Securities. The...
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Analyst Talks Nike's Leadership Shuffle
2020 Feb 19, 4:39pm | 380Read More...Nike Inc (NYSE: NKE) announced Tuesday a handful of leadership changes, including a new CFO, COO, and president of consumer and marketplace. According to BMO Managing Director Simeon Siegel, Nike is demonstrating the strength of its management roster. What Happened Despite multiple leadership...
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UBS Considers What The Bears Say About FedEx
2020 Feb 19, 2:10pm | 317Read More...Hedge funds are concerned about FedEx Corporation’s (NYSE: FDX) fiscal third-quarter earnings significantly missing consensus estimates when the company reports results on March 17, according to UBS. The FedEx Analyst Thomas Wadewitz maintained a Buy rating for FedEx with a price...
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Why AMD's Coronavirus Impact Could Be Worse Than Intel, Nvidia
2020 Feb 19, 2:00pm | 552Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) shares are trading at a record high — but a near-to-medium term risk is lurking ahead that could pose a threat to the stock's strong performance. AMD's Low-End Focus Exposed To COVID-19 Risks The outbreak of the coronavirus in...
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Morgan Stanley Upgrades Citrix Systems On Many Levers To Achieve FCF Targets
2020 Feb 19, 1:19pm | 258Read More...Although the transition of Citrix Systems, Inc. (NASDAQ: CTXS) to a subscription-based model has been bumpy, its strong expense management and ongoing share buybacks provide the company many levers to reach its free cash flow target, according to Morgan Stanley. The Citrix Analyst Morgan Stanley...
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The Street's Mixed Reaction To Buffett's $550M Kroger Bet
2020 Feb 19, 11:52am | 519Read More...Legendary investor Warren Buffett and his Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) disclosed a $549.1-million stake in grocery chain Kroger Co (NYSE: KR) but not all Street analysts are convinced it's a wise investment. What Happened Shares of Kroger inched higher Friday after...
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Why Salesforce Is This Firm's Best Idea
2020 Feb 19, 10:27am | 364Read More...Shares of customer relationship software vendor salesforce.com, inc. (NYSE: CRM) look attractive at current levels, according to Wedbush. The Salesforce Analyst Steven Koenig maintained an Outperform rating on Salesforce and increased the price target from $192 to $217. The Salesforce Thesis...
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Tesla Shares Cross $900 As Piper Sandler Raises Price Target To Street High
2020 Feb 19, 9:55am | 344Read More...Tesla Inc (NASDAQ: TSLA) stock will go higher because of the electric car maker's ability to provide customers with the ability to generate and store the power to run its vehicles, according to a Piper Sandler analyst. The Tesla Analyst Piper Sandler's Alexander Potter raised the price...
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Palo Alto Networks Analyst Bullish Ahead Of Q1 Report, Says 'Secular Story Remains Well Intact'
2020 Feb 18, 6:21pm | 407Read More...Cybersecurity company Palo Alto Networks Inc (NYSE: PANW) is scheduled to release its fiscal year 2020 first-quarter results Monday after the market close, and one analyst at Morgan Stanley recommends buying shares heading into the print. The Palo Alto Analyst Keith Weiss maintained an Overweight...
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Analyst Sees 'Gap In Profitability' Emerging Between Uber, Lyft
2020 Feb 18, 5:32pm | 483Read More...It was a bumpy ride for Uber Technologies Inc (NYSE: UBER) and LYFT Inc (NASDAQ: LYFT) investors in 2019, but the ride-hailing stocks are off to a hot start in 2020. On Sunday, New York City released ridesharing data for the month of December, and Bank of America analyst Justin Post dug into...
