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AMD Analysts Bet On Continuing Momentum Amid Tailwinds, Execution, Intel Missteps
Wednesday, July 29, 2020 - 1:09pm | 1000Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) shares are trading in record territory after the chipmaker reported stellar quarterly results. The AMD Analysts Piper Sandler analyst Harsh Kumar reiterated an Overweight rating on AMD and increased the price target from $60 to $82. Rosenblatt...
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Benchmark Downgrades Seagate Technology On Soft Results, Guidance
Wednesday, July 29, 2020 - 10:16am | 327Read More...Seagate Technology PLC (NASDAQ: STX) reported soft results for its fiscal fourth quarter this week, and its sales are likely to remain flat in fiscal 2021, according to Benchmark. The Seagate Technology Analyst: Mark Miller downgraded Seagate Technology from Buy to Hold. The Seagate Technology...
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Benchmark Bids Up eBay Price Target Ahead Of Q2 Print
Monday, July 27, 2020 - 4:53pm | 347Read More...Shares of eBay Inc (NASDAQ: EBAY) have more than doubled since bottoming at $26.02 in March, and a Benchmark analyst sees even more upside ahead. The eBay Analyst: Daniel Kurnos maintains an Overweight rating on eBay's stock with a price target lifted from $60 to $69. The eBay Thesis: E-...
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What To Make Of Netflix's Q2 Earnings, Subscriber Growth And Valuation
Friday, July 17, 2020 - 10:40am | 856Read More...Netflix Inc (NASDAQ: NFLX) shares traded down on Friday after the streaming video giant missed the market with its second-quarter earnings report on Thursday afternoon. Netflix reported EPS of $1.59, missing analyst expectations of $1.81. Revenue for the quarter was $6.15 billion, ahead...
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Inovio Analysts Bullish On Prospects For Coronavirus Vaccine, Biotech's Pipeline
Thursday, May 21, 2020 - 2:52pm | 543Read More...A day after short seller Citron Research slammed Inovio Pharmaceuticals Inc (NASDAQ: INO), sell-side analysts lined up behind the company. Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus...
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Why Roku Is Still A Long-Term Winner In The Streaming Wars
Friday, May 8, 2020 - 11:10am | 600Read More...Roku Inc (NASDAQ: ROKU) shares dropped 8% on Friday after the company reported strong first-quarter user growth but shared lackluster commentary about its ad business outlook for the second quarter. Roku reported a 45-cent loss per share for the first quarter, in-line with analyst expectations....
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Electronic Arts Analysts See Stay-At-Home Strength, Possible Game Delays After Q4 Report
Thursday, May 7, 2020 - 8:34am | 749Read More...Electronic Arts (NASDAQ: EA) reported fourth-quarter earnings Tuesday of $1.43 per share against a 98-cent estimate and sales of $1.387 billion that beat a $1.19-billion estimate. The video game developer guided to first-quarter net sales of $1.22 billion, net bookings of $1 billion and...
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Roku Is Well-Positioned With Or Without A Pandemic, Benchmark Says In Bullish Initiation
Wednesday, April 29, 2020 - 12:12pm | 375Read More...Although shares of Roku Inc (NASDAQ: ROKU) offer less near-term upside, the company is likely to emerge as a winner in the longer term, both during and after the COVID-19 crisis, according to Benchmark. The Roku Analyst Daniel L. Kurnos initiated coverage of Roku with a Buy rating and $153 ...
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Kratos A Leader In Combat Drone Market, Benchmark Says In Bullish Initiation
Wednesday, March 18, 2020 - 3:08pm | 399Read More...Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) enjoys a meaningful lead in the emerging jet drone combat market, which could grow exponentially as fourth-generation fighters are retired and there is a shift to attributable air warfare, according to Benchmark. The Kratos Analyst Josh...
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Take-Two's Murky Pipeline Leads To Caution On Stock Price Outlook
Friday, February 7, 2020 - 3:53pm | 630Read More...Wall Street wants to like video game company Take-Two Interactive Software, Inc. (NASDAQ: TTWO), which had big hits in recent years with the "Grand Theft Auto" franchise and the "Red Dead Redemption" games. But it's hard to say what's going to happen with the stock when...
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Esports And 2 Other Things To Like About Activision Blizzard
Friday, February 7, 2020 - 1:58pm | 543Read More...Activision Blizzard, Inc. (NASDAQ: ATVI) shares were on the rise Friday and analysts reiterated Buy recommendations after the company's strong fourth-quarter report, with sell-side analysts bullish on the company's "loaded pipeline," lean into mobile and pursuit of ad dollars. The...
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Analysts Speak Up On WWE's Disappointing Earnings: Could Amazon Step Into The Ring?
Friday, February 7, 2020 - 1:11pm | 746Read More...World Wrestling Entertainment, Inc. (NYSE: WWE) shares stabilized a bit to close out the week after the surprise departure of two top executives, disappointing 2020 guidance and a fourth-quarter revenue miss sent shares tumbling more than 25% over the past two weeks. On the afternoon of Jan. 30,...
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Analysts Debate If GameStop Can Power Back Up
Wednesday, December 11, 2019 - 12:08pm | 654Read More...GameStop Corp. (NYSE: GME) reported third-quarter results highlighted by a notable earnings miss, a 30% drop in sales and a downward revision to 2019 guidance. The stock reacted sharply to the downside and analysts debated how much power is left in the retailer's life bar. The Analysts...
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Benchmark Weighs Pros And Cons Of Booking Holdings Heading Into 2020
Tuesday, November 19, 2019 - 4:45pm | 346Read More...Booking Holdings Inc (NASDAQ: BKNG) shares are at a crossroads heading in 2020. The Analyst Benchmark analyst Daniel Kurnos maintains a Hold rating on Booking's stock. The Thesis Kurnos weighed both sides of Booking Holdings catalysts heading into the upcoming year. On one hand, the analyst...
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Canopy Growth Analysts Lower Price Targets After Q2 Report
Friday, November 15, 2019 - 5:28pm | 760Read More...Over the last 12 months, Canopy Growth Corp (NYSE: CGC) (TSE: WEED) shares have fallen 55%. The cannabis company reported second-quarter results Thursday, posting net revenue of CA$76.6 million ($84.2 million) and a net loss of CA$374.6 million. The Analysts Bank of America Merrill...
