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Buy DISH Network On 5G Prospects, Benchmark Says
Friday, May 21, 2021 - 10:35am | 306Read More...DISH Network Corp’s (NASDAQ: DISH) new network is a U.S.-based 5G, which is more cost-efficient because it doesn't have to support the legacy 3G or 4G infrastructure, according to Benchmark. The DISH Network Analyst: Matthew Harrigan initiated coverage of DISH Network with a Buy...
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Why AutoNation Stock Is Still Revving Up
Thursday, April 22, 2021 - 11:39am | 261Read More...AutoNation, Inc. (NYSE: AN) reported its first-quarter earnings ahead of estimates, with the auto industry recovering faster than expected from the COVID-19 pandemic impact, according to Benchmark. The AutoNation Analyst: Michael Ward upgraded the rating for AutoNation from Hold to Buy, while...
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Porch Group Primed To Take More Consumer Wallet Share, Says Bullish Benchmark
Tuesday, December 29, 2020 - 3:02pm | 246Read More...Porch Group Inc (NASDAQ: PRCH) seems poised to capitalize on the rapidly growing home services software market, according to Benchmark. The Porch Analyst: Daniel Kurnos initiated coverage of Porch with a Buy rating and $24 price target. The Porch Thesis: Porch.com has a “software plus...
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Roku Surges To All-Time High After HBO Max Deal, Stock Gets New Street-High Price Target
Thursday, December 17, 2020 - 1:15pm | 383Read More...Roku Inc (NASDAQ: ROKU) finally reached an agreement with AT&T Inc. (NYSE: T) to add HBO Max to Roku's streaming platform effective immediately. The Analysts: Benchmark analyst Daniel Kurnos maintains a Buy rating on Roku's stock with a price target lifted from $300 to $410. BofA...
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Wall Street Reacts To Ford's Strong Q3: 'Investors Are Getting Excited'
Thursday, October 29, 2020 - 11:44am | 606Read More...Automaker Ford Motor Company (NYSE: F) reported Wednesday with strong third-quarter results that were highlighted by a return to profitability. Here's how three Street analysts reacted to the print. The Ford Analysts Benchmark analyst Michael Ward maintains an Overweight rating on Ford...
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AMD Analysts See Momentum Ahead, With Xilinx Deal Expanding Market Opportunity
Wednesday, October 28, 2020 - 12:54pm | 871Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) reported strong quarterly results Wednesday and announced an agreement to buy programmable chipmaker Xilinx, Inc. (NASDAQ: XLNX) for $35 billion in stock. Credit Suisse On Xilinx Deal, AMD's Q3: The per-share deal value of $143 represents...
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Benchmark Bullish On Seagate's Potential Cloud Demand, Enterprise Improvements
Friday, October 23, 2020 - 12:14pm | 236Read More...Seagate Technology PLC (NASDAQ: STX) reported upbeat first-quarter earnings Thursday, and the company's December quarter guidance came in higher than expected. The company is likely to witness strong cloud demand into next year, and improved demand in its enterprise segment could carry...
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Intel Falls On Q3 Results: 8 Analysts On Gross Margin Pressure, Manufacturing Challenges
Friday, October 23, 2020 - 11:02am | 1060Read More...Intel Corporation (NASDAQ: INTC) shares are retreating to a one-month low following the chipmaker's lukewarm third-quarter results. The Intel Analysts: BofA Securities analyst Vivek Arya downgraded Intel from Neutral to Underperform and reduced the price target from $60 to $45. Benchmark...
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Ford Vs. General Electric: The Blue Chip Race Back To $10
Tuesday, October 20, 2020 - 4:55pm | 578Read More...Two of the most well-known companies in the United States are trading under $10. Analysts have given both of these companies $10 price targets. Here’s a look at the race to get shares back to the $10 level. Ford Shares Under $10: Ford Motor Company (NYSE: F) has had a rough 2020, with shares...
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DraftKings Analysts On Share Offering, Marketing Costs, Sports Betting Legalization
Monday, October 12, 2020 - 5:13pm | 433Read More...Analysts defending the DraftKings Inc (NASDAQ: DKNG) share offering and the company's high marketing costs. DraftKings has lower customer acquisition costs than in the prior year, and additional state legalization in the online sports betting market in its favor, the analysts said. The...
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Ford Has Momentum Heading Into 2021, Benchmark Says In Upgrade
Monday, October 12, 2020 - 12:16pm | 286Read More...Ford Motor Company's (NYSE: F) new management team and prospects of better-than-expected third-quarter earnings offer near-term catalysts for the stock, according to Benchmark. The Ford Motor Analyst: Michael Ward upgraded Ford Motor Co. from Hold to Buy and established a $10...
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GameStop Shares Surge On Microsoft Partnership
Thursday, October 8, 2020 - 3:46pm | 376Read More...GameStop Corp (NYSE: GME) announced a new multi-year partnership with Microsoft Corporation (NASDAQ: MSFT). What Happened: The deal will include GameStop using back-end and in-store solutions from Microsoft to help with finance, inventory, e-commerce, retail and point-of-sale. The partnership will...
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Analysts Aren't Impressed With GameStop's Quarter Or Future
Thursday, September 10, 2020 - 12:06pm | 337Read More...GameStop Corp (NYSE: GME) reported second-quarter earnings after the market close on Wednesday. GameStop reported revenue down 26.7% year over year to $942 million. Quarterly losses of $1.40 per share missed the analyst consensus estimate by 37 cents. The GameStop Analysts: Credit Suisse analyst...
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Baidu Analysts Shrug Off Soft Growth Guidance, iQIYI SEC Probe As Short-Term Headwinds
Friday, August 14, 2020 - 11:29am | 534Read More...Chinese search engine Baidu Inc ADR Class A (NASDAQ: BIDU) reported better-than-expected second-quarter results Thursday, but its shares slid, apparently in reaction to soft guidance and an SEC investigation into its video streaming subsidiary IQIYI Inc (NASDAQ: IQ). The Baidu Analysts:...
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ON Semiconductor Analysts Lift Price Targets After Q2 Results, See Revenue Recovery In 2021
Tuesday, August 11, 2020 - 2:34pm | 717Read More...ON Semiconductor Corp (NASDAQ: ON) reported forecast-beating second-quarter results Monday and guided to an in-line third quarter. The ON Semiconductor Analysts: Rosenblatt Securities analyst Kevin Cassidy maintained a Buy rating on On Semiconductor shares and increased the price target...
