Analyst Color

PLx Pharma Inc (NASDAQ: PLXP) recently raised $15 million in gross proceeds by issuing convertible preferred stock financing. The capital raise is significantly more dilutive than was previously anticipated, which indicates that future fundraising for a successful Vazalore launch may be...

After months of rumors, Cars.com Inc (NYSE: CARS) announced Wednesday its ongoing review of strategic alternatives, including a possible sale. What Happened Management has been working with external advisors to initiate a process since receiving Board authorization Sept. 28. "We are confident...

The National Basketball Association extended its partnership with video game company Take-Two Interactive Software, Inc (NASDAQ: TTWO) for a reported seven years in a deal that can be seen as a "vote of confidence," according to Bank of America. The Analyst Bank of America's Justin...

The 2019 North American International Auto Show lacked its usual pizzazz, according to analysts. "The Detroit show is very low key this year as it is a transition year," Autotrader executive analyst Michelle Krebs told Benzinga. "Unveilings were few and they were split between mostly...

Ligand Pharmaceuticals Inc. (NASDAQ: LGND) shares were falling Wednesday after Citron Research issued a report alleging that Ligand’s business model is a “pipe dream," saying the company is deceiving investors about its long-term outlook. Citron’s Take “Ligand is a...

Netflix, Inc. (NASDAQ: NFLX) customers will be paying as much as 18 percent more for their streaming video subscription and Street analysts were mostly optimistic on the move. What Benefit Will It Bring? Netflix's announced a price increase of 13 percent to 18 percent depending on the...

AFLAC Incorporated (NYSE: AFL) shares are being supported by the announcement of Japan Post's $2.6-billion investment in the insurer, according to Raymond James — and while Aflac's stock trades at a significant discount to peers, the company could report a “gradually...

The last two years weren't friendly to General Electric Company (NYSE: GE) investors, with the stock falling from north of $30 per share to below $10 per share and being removed from the prestigious Dow Jones Industrial Average. So what's next for GE? It depends who you ask. Chart Pro: Wait...

UnitedHealth Group Inc (NYSE: UNH) reported a healthy quarter with above-consensus earnings and revenue and reiteratated its 2019 guidance. The Analysts Bank of America Merrill Lynch analyst Kevin Fischbeck reiterated a Buy rating on UnitedHealth with a $320 price target...

The latest food delivery survey and analysis of third-party data from the food delivery market indicate GrubHub Inc (NYSE: GRUB) continues to enjoy the position of a market leader, according to Raymond James. The Analyst Raymond James’ Aaron Kessler maintains a Market Perform rating on...

Snap Inc (NYSE: SNAP) needs to find a new chief financial officer after Tim Stone resigned from his position after just eight months on the job. The company said Stone's resignation is "not related to any disagreement with us on any matter" although it is raising some red flags among...

The announcement that California utility company PG&E Corporation (NYSE: PCG) is preparing for bankruptcy sent shares of the battered stock tumbling more than 62 percent this week. However, a potential PG&E bankruptcy could also impact other utility stocks. Several Wall Street analysts have...

High-end fashion retailer Nordstrom, Inc. (NYSE: JWN) cautioned investors Wednesday that sales at its flagship stores fell "below expectations" during the holiday season, necessitating increased promotions to work through excess inventory.  The Analysts UBS' Jay Sole...

Anheuser Busch InBev NV (NYSE: BUD) plans to IPO its Asia business for debt refinancing, according to Bloomberg.  Rather than floating its segment in the fastest growth region, the company should instead consider a dividend cut, according to BofA Merrill Lynch. The Analyst Analyst...

Delta Air Lines, Inc. (NYSE: DAL) reported forecast-beating fourth-quarter earnings and in-line revenues Tuesday, leading three sell-side analysts to reiterate their stances on the airline equity.  The Analysts Buckingham Research Group analyst Daniel McKenzie maintained a Buy rating on...