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Atlantic Equities Upgrades Snap On Ongoing Solid Trends
Wednesday, February 5, 2020 - 10:04am | 278Snap Inc (NYSE: SNAP) reported fourth-quarter revenue short of expectations, but earnings came in ahead on the back of strong user growth and continued margin expansion, according to Atlantic Equities. The Analyst James Cordwell upgraded Snap from Underweight to Neutral, while raising the price...
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Analyst Sees 'Merit' In Buying Coca-Cola And Pepsi, But Which Stock Has More Upside?
Monday, July 29, 2019 - 11:34am | 529The Coca-Cola Co (NYSE: KO) and PepsiCo, Inc. (NASDAQ: PEP) both enjoy an attractive market share across attractive categories so there is "merit" to owning either stock, according to Atlantic Equities. The Analyst Atlantic Equities' Edward Lewis initiated coverage of Coca-Cola's...
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Atlantic Equities Upgrades Tiffany Following Big Sell-Off
Thursday, January 31, 2019 - 12:09pm | 367Tiffany & Co (NYSE: TIF) has taken a huge hit in the past six months, but one Wall Street analyst said Thursday the discounted valuation provides an excellent buying opportunity. The Analyst Atlantic Equities analyst Daniela Nedialkova upgraded Tiffany from Neutral to Overweight and reiterated...
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Electronic Arts' Q2: The Sell-Side's Take
Wednesday, October 31, 2018 - 1:43pm | 636Video game maker Electronic Arts, Inc. (NASDAQ: EA) reported second-quarter earnings Tuesday that largely exceeded projections. The Analysts MKM Partners analyst Eric Handler maintained a Buy rating on EA and lowered the price target from $157 to $135. Atlantic Equities analyst Kunaal Malde...
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Don't Expect A Big Q2 Beat For TJX Companies, Atlantic Equities Says In Downgrade
Tuesday, June 26, 2018 - 1:00pm | 333TJX Companies Inc (NYSE: TJX) shares are up 24 percent year to-date, but now appear fairly valued, according to Atlantic Equities. The Analyst Analyst Daniela Nedialkova downgraded TJX from Overweight to Neutral with a $90 price target. The Thesis TJX has been on a solid...
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A Peek Into The Markets: US Stock Futures Point To Higher Wall Street Open
Wednesday, June 6, 2018 - 6:49am | 400Pre-open movers U.S. stock futures traded higher in early pre-market trade. Data on nonfarm productivity and unit labor costs for the first quarter and the international trade report for April will be released at 8:30 a.m. ET. Futures for the Dow Jones Industrial Average climbed 106 points to 24,...
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A Peek Into The Markets: U.S. Stock Futures Rise Ahead Of Earnings, Economic Reports
Wednesday, February 14, 2018 - 7:24am | 399Pre-open movers U.S. stock futures traded higher in early pre-market trade, ahead of earnings reports from several companies. Data on retail sales for January and the Consumer Price Index for January will be released at 8:30 a.m. ET. Data on business inventories for December will be released at 10:...
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Apple Downgraded As Analyst Foresees A Wave Of New Challenges
Monday, January 22, 2018 - 3:27pm | 392Amid all-time high territory, Apple Inc. (NASDAQ: AAPL) was hit with a downgrade Monday, due to a wave of new challenges that may limit future upside. The Analyst James Cordwell of Atlantic Equities downgraded Apple from Overweight to Neutral, but kept his $190 price target. The Thesis...
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Southwest Is the 'Best-In-Class' US Airline, In This Analyst's View
Thursday, December 14, 2017 - 1:41pm | 322By many measures 2017 was a decent year for airline investors, but heading into 2018 one name sticks out as best in class: Southwest Airlines Co (NYSE: LUV). The Analyst Atlantic Equities' Lindsay Bettiol upgraded Southwest Airlines' stock from Neutral to Overweight with a price...
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A Peek Into The Markets: U.S. Stock Futures Up Ahead Of Economic Reports
Thursday, December 14, 2017 - 7:59am | 449Pre-open movers U.S. stock futures traded higher in early pre-market trade. Data on initial jobless claims for the latest week, retail sales for November and import prices for November will be released at 8:30 a.m. ET. The flash Composite Purchasing Managers' Index for December is schedule for...
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Johnson & Johnson Shares Might Break Lower Before They Break Out
Friday, July 21, 2017 - 8:53am | 474Just a day after Credit Suisse reinstated an Outperform rating on Johnson & Johnson (NYSE: JNJ) based on future gain from Actelion, BTIG and Atlantic Equities downgraded the stock from Neutral to Sell and Underweight, respectively, for nearly the opposite reason. Atlantic Equities: Weak Setup...
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EOG Resources The Favorite Energy Play At Atlantic Equities
Tuesday, June 27, 2017 - 10:39am | 653In a note released Tuesday, Atlantic Equities named EOG Resources Inc (NYSE: EOG) its favorite energy play. The firm believes EOG is one of the best placed exploration & production companies to manage at current oil prices. Lowering Oil Price Forecast Despite Undersupply Analyst Barry MacCarthy...
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Is The Selloff In Goldman Sachs A Buying Opportunity?
Tuesday, April 25, 2017 - 2:21pm | 397Goldman Sachs Group Inc (NYSE: GS) shares are up 5.2 percent in the past five trading sessions after the company released disappointing first-quarter earnings numbers. The market initially punished Goldman for the miss, the worst among its peer group, but investors have since swooped in to buy...
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A Peek Into The Markets: U.S. Stock Futures Rise Ahead Of Earnings, Economic Data
Thursday, April 20, 2017 - 6:24am | 447Pre-open movers U.S. stock futures traded higher in early pre-market trade, ahead of earnings from several major companies. Federal Reserve Governor Jerome Powell is set to speak in Washington, D.C. at 8:00 a.m. ET. Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET...
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The Bearish First Wave Of Ratings, Price Targets For Snap Post-IPO
Monday, March 6, 2017 - 3:37pm | 643Shares of Snap Inc (NYSE: SNAP) fell more than 5 percent on Monday as the newly issued IPO isn't receiving the same amount of love from Wall Street as it is from investors. Within hours of Snap's initial trading on the New York Stock Exchange, Pivotal Research Group's Brian Wieser was first to...