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10 Biggest Price Target Changes For Monday
2020 Aug 03, 8:55am | 376Read More...Credit Suisse lifted Charter Communications Inc (NASDAQ: CHTR) price target from $620 to $640. Charter Communications shares climbed 2.9% to close at $580.00 on Friday. Raymond James boosted the price target for Marsh & McLennan Companies, Inc. (NYSE: MMC) from $105 to $130. Marsh &...
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Why WWE's Focus On Engagement, Cost Cutting During Pandemic Could Pay Off
2020 Jul 31, 4:30pm | 416Read More...World Wrestling Entertainment, Inc. (NYSE: WWE) shares traded up 2.3% on Friday after the company reported better-than-expected second-quarter earnings. WWE reported adjusted EPS of 52 cents in the quarter, beating analyst estimates of just 15 cents. However, revenue was down 17% to just $223.4...
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3 Takeaways From Under Armour's Q2 Print
2020 Jul 31, 4:11pm | 380Read More...Under Armour, Inc. (NYSE: UAA) released its second-quarter earnings report Friday, and the results “beat a low bar,” according to Needham. The Under Armour Analyst: Rick Patel maintained a Hold rating on Under Armour. The Under Armour Thesis: Under Armour’s second-quarter...
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Why BofA Is Turning Bullish On Retailer At Home
2020 Jul 31, 2:58pm | 273Read More...BofA Securities upgraded At Home Group Inc (NYSE: HOME) from Underperform to Buy and raised price target from $5 to $16. Analyst Curtis Nagle said there is sustainability in home-related trends and listed the following as reasons for the upgrade: At Home is going beyond industry...
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Analysts Bullish On Google Following Mixed Quarter, With Ads Trending In The Right Direction
2020 Jul 31, 2:11pm | 626Read More...Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares were down 4.8% on Friday after the company reported its first quarter of negative revenue growth in history on Thursday. Alphabet reported second-quarter adjusted EPS of $10.13 on revenue of $38.30 billion. Both numbers beat consensus analyst...
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Gilead Analysts Downplay Q2 Miss Amid Remdesivir's COVID-19 Opportunity
2020 Jul 31, 12:56pm | 824Read More...Gilead Sciences, Inc. (NASDAQ: GILD) reported second-quarter revenues and earnings that trailed expectations. The Gilead Analysts Morgan Stanley analyst Matthew Harrison maintained an Equal-Weight rating and $79 price target for Gilead. Raymond James analyst Steven Seedhouse maintained a Market...
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BofA Cuts Rating Even As Dropbox Appears Set To Beat Q2 Expectations
2020 Jul 31, 12:45pm | 270Read More...Although Dropbox Inc (NASDAQ: DBX) is likely to beat Street expectations for the second quarter and has near-term tailwinds, its SaaS transformation could take more time to play out, according to BofA Securities. The Dropbox Analyst: Ryan Gee downgraded Dropbox from Buy to Neutral, while...
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Dunkin' Brands Analyst Says Q2 Positives Outweigh The Negatives
2020 Jul 31, 12:35pm | 283Read More...Dunkin Brands Group, Inc. (NASDAQ: DNKN) continues to perform well during the pandemic, although some bears are highlighting elevated expectations and unexpected store closures, according to KeyBanc Capital Markets. The Dunkin’ Analyst: Eric Gonzalez reiterated an Overweight rating on...
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Boeing Analyst: Crisis Of Confidence In Plane Manufacturer 'Justified'
2020 Jul 31, 12:13pm | 359Read More...Investor questions around Boeing Co’s (NYSE: BA) guidance for the rest of 2020 and into 2021 and 2022 indicate a lack of conviction in the company's commentary, according to BofA Securities. The Boeing Analyst: Ronald Epstein maintained a Neutral rating on Boeing and reduced the...
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The Street's Reaction To Facebook's Q2: Bulls Turn More Bullish
2020 Jul 31, 12:08pm | 953Read More...Social media giant Facebook, Inc. (NASDAQ: FB) reported second-quarter results Thursday that were highlighted by 11% revenue growth and an expansion of its total monthly user base across all platforms from 2.99 billion last quarter to 3.14 billion. Here's how the Street reacted. The...
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Apple's Path To $2 Trillion Is Set As Wall Street Lauds Resilience, Ecosystem Engagement
2020 Jul 31, 11:51am | 964Read More...Apple Inc. (NASDAQ: AAPL) reported solid results for the fiscal third quarter, sending its shares to record territory. The stock was jumping 7% to $411.47 at the time of publication. The Apple Analysts Credit Suisse analyst Matthew Cabral maintained a Neutral rating on Apple and increased the...
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Amazon's Post-Earnings Run Mirrors Positive Voices From The Street
2020 Jul 31, 11:25am | 595Read More...Amazon.com, Inc. (NASDAQ: AMZN) shares were up 5% on Friday after the company reported earnings and revenue beats and said online grocery delivery tripled in the second quarter. Amazon reported second-quarter EPS of $10.30 on revenue of $88.9 billion. Both numbers blew away analyst...
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General Motors Teases GMC Hummer EV In Foray Into Electric Truck Race
2020 Jul 31, 11:15am | 422Read More...General Motors Inc.'s (NYSE: GM) GMC Hummer EV was due to be revealed in May 2020 but now has been pushed back due to COVID-19. In a national television ad back in February, GM announced that it was entering the electric truck market with its GMC Hummer. On Wednesday, GM revealed the...
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Expedia Faces Slow Journey Back As COVID-19 Hammers Travel: Needham
2020 Jul 31, 10:46am | 258Read More...The return of travel will be "slow and arduous," Needham said after Expedia Group, Inc.'s (NASDAQ: EXPE) second-quarter miss. The Expedia Analyst: Brad Erickson reiterated a Hold rating on Expedia. The Expedia Takeaways: It could take three to five years for...
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Big Tech Stocks Among The Most Shorted In The Market
2020 Jul 31, 9:51am | 486Read More...Big tech stocks Apple, Inc. (NASDAQ: AAPL), Facebook, Inc (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN) and Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) traded mostly higher on Friday after the company’s earnings reports exceeded expectations across the board. Despite these stocks’...
