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Baird Upgrades ON Semiconductor On Operating Margin Catalysts, Valuation
Tuesday, May 4, 2021 - 5:54pm | 222Read More...The current upcycle is likely to continue in 2022, facilitating ON Semiconductor Corp’s (NASDAQ: ON) mix improvement initiatives, according to Baird. The ON Semiconductor Analyst: Tristan Gerra upgraded the rating for ON Semiconductor to Outperform, while raising the price target from $38 to...
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Sarat Sethi Disagrees With Bank Of America Downgrade By Baird
Tuesday, May 4, 2021 - 5:02pm | 312Read More...If the lending business picks up, Bank Of America Corp (NYSE: BAC) is one of the best banks to own, Douglas C. Lane & Associates' Sarat Sethi said Tuesday on CNBC's "Fast Money: Halftime Report" What Happened: Baird analyst David George downgraded Bank of America...
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2 Analysts Downgrade Bed Bath & Beyond, Stock Still Pops 30%
Wednesday, January 27, 2021 - 4:30pm | 406Read More...Bed Bath & Beyond Inc. (NASDAQ: BBBY) offers investors a compelling recovery story but the stock's run to north of $50 per share prompted two analysts to downgrade the stock. The Bed Bath & Beyond Analysts: Wedbush analyst Seth Basham downgraded Bed Bath & Beyond from...
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Baird Upgrades Walgreens Boots, Expects Turnaround Of 'Train Wreck' Performance
Monday, January 11, 2021 - 12:21pm | 422Read More...Shares of pharmacy retailer Walgreens Boots Alliance Inc (NASDAQ: WBA) ended 2020 lower by nearly 30%, but Baird sees several catalysts for the company that it said should put an end to years of "train wreck" performance. The Walgreens Analyst: Eric Coldwell upgraded...
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Qualcomm 'At The Center' Of 5G Revolution, Baird Says
Wednesday, December 23, 2020 - 2:05pm | 289Read More...Qualcomm, Inc. (NASDAQ: QCOM) is well positioned to take advantage of the 5G revolution in 2021 and beyond, according to Baird. The Qualcomm Analyst: Tristan Gerra initiated coverage of Qualcomm's stock with an Outperform rating and $200 price target. The Qualcomm Thesis: Qualcomm is "at...
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Fintech Focus For December 23, 2020
Tuesday, December 22, 2020 - 8:20pm | 1714Read More...Quote To Start The Day: During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple acquiring Tesla (for 1/10 of our current value). He refused to take the meeting. Source: Elon Musk One Big Thing In Fintech: Jack Miller, head of trading at Baird,...
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Bed Bath & Beyond Rallies 35% On Q2 Results: 3 Analyst Takes On The Print
Friday, October 2, 2020 - 11:38am | 587Read More...Specialty retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) may have caught some investors off-guard by reporting a top-and-bottom-line beat in its second quarter. Are Wall Street analysts just as bullish? The Bed Bath & Beyond Analysts: Raymond James analyst Bobby Griffin maintains...
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Baird Upgrades Splunk On Solid Cloud Momentum, Strong Position In Security
Friday, September 25, 2020 - 12:11pm | 225Read More...Splunk Inc (NASDAQ: SPLK) has strong underlying business fundamentals, reflected in its solid growth in annual recurring revenue (ARR), while the company has made strategic moves by investing in its cloud offering, according to Baird. The Splunk Analyst: Jonathan Ruykhaver upgraded Splunk to...
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Baird On Bed Bath & Beyond's Stock: 'Worth A Shot'
Thursday, September 24, 2020 - 2:08pm | 330Read More...Retail executives face an uphill battle in succeeding in a turnaround plan but a bullish stance on Bed Bath & Beyond Inc. (NASDAQ: BBBY) is "worth a shot," according to Baird. The Analyst: Peter Benedict upgraded Bed Bath & Beyond's stock from Neutral to Outperform with a...
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Illumina Analysts Question Grail Deal's Commercial Opportunity, Hefty Price Tag
Tuesday, September 22, 2020 - 2:23pm | 520Read More...Illumina, Inc. (NASDAQ: ILMN) announced Monday a deal to buy privately held Grail, which focuses on early detection of multiple cancers, for $8 billion in cash and stock. The Illumina Analysts: Baird analyst Catherine Ramsey Schulte maintained a Neutral rating on Illumina shares and lowered...
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Baird Bullish On Beyond Meat, Predicts $1.9B Revenue By 2023
Thursday, September 3, 2020 - 2:20pm | 338Read More...Beyond Meat Inc (NASDAQ: BYND) shares traded higher on Thursday after one Wall Street analyst initiated bullish coverage of the stock. The Beyond Meat Analyst: Baird analyst Ben Kallo initiated coverage of Beyond Meat with an Outperform rating and a $160 price target. The Beyond Meat Thesis: ...
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Lululemon Athletica Analysts Size Up Retailer Ahead Of Q2 Report, Talk Mirror Acquisition
Wednesday, September 2, 2020 - 3:04pm | 607Read More...Three analysts are increasing their Lululemon Athletica Inc (NASDAQ: LULU) price targets ahead of the retailer's second-quarter earnings report. Piper Sandler also went into detail on Lululemon's acquisition of the fitness company Mirror. The Lululemon Analysts: Wedbush analyst...
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Why 2 Urban Outfitters Analysts Are Sidelined After Retailer's Q2 Sales Beat
Wednesday, August 26, 2020 - 2:32pm | 502Read More...Specialty fashion retailer Urban Outfitters, Inc. (NASDAQ: URBN) reported second-quarter results Tuesday that were highlighted by a surprise profit, but two Street analysts are staying on the fence due to the stock's valuation. The Urban Outfitters Analysts Baird analyst Mark...
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9 Salesforce Analysts React To 'Jaw Dropping Performance' In Q2
Wednesday, August 26, 2020 - 10:14am | 930Read More...Salesforce.com, inc. (NYSE: CRM) shares jumped 25% on Wednesday after the company reported blowout second-quarter earnings numbers and exceeded expectations with its full-year guidance. Salesforce reported second-quarter EPS of $1.44 on $5.15 billion in revenue. Both numbers exceeded consensus...
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Experts React To Tesla Stock Split, Trading Action: 'Kind Of Ridiculous'
Wednesday, August 12, 2020 - 10:13am | 664Read More...Tesla Inc (NASDAQ: TSLA) shares are up 6% on Wednesday after the company announced a 5-for-1 stock split on Tuesday afternoon. The stock split will be implemented after the market close Aug. 31. Companies with relatively high stock prices like Tesla often implement stock splits to bring...
