Benchmark

After months of rumors, Cars.com Inc (NYSE: CARS) announced Wednesday its ongoing review of strategic alternatives, including a possible sale. What Happened Management has been working with external advisors to initiate a process since receiving Board authorization Sept. 28. "We are confident...

EBay Inc (NASDAQ: EBAY) reported Tuesday its third-quarter results highlighted by an EPS beat, in-line revenue and a better-than-expected earnings guidance for the fourth quarter. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts DA Davidson's...

Amazon.com, Inc. (NASDAQ: AMZN) reported third-quarter earnings Thursday, announced new product launches and adjusted its fourth-quarter guidance. Q3 EPS of $5.75 beat a $3.12 consensus estimate, while sales of $56.576 billion missed the consensus of $57.1 billion. Q4 sales guidance came in a...

Shares of Tilray Inc. (NASDAQ: TLRY) surged Monday in anticipation of Canada’s legalization of recreational marijuana. The Analyst Benchmark analyst Mike Hickey initiated coverage of Tilray with a Buy rating and $200 price target. The Thesis Benchmark's positive view on the...

Shares of cannabis and hemp company Canopy Growth Corp. (NYSE: CGC) have doubled since the stock began trading on the New York Stock Exchange back in May. In August, beverage company Constellation Brands, Inc. (NYSE: STZ) announced a $4-billion investment in the company, increasing its stake...

Booking Holdings Inc. (NASDAQ: BKNG) was hit with a downgrade Friday, as one sell-side analyst said the company is playing from behind in some of the online travel space's key growth areas.  The Analyst  Benchmark analyst Daniel Kurnos downgraded Booking Holdings from Buy to Hold...

Micron Technology, Inc. (NASDAQ: MU) has moved from a "cash burn" to a "cash return" story in the space of two years, Benchmark said in a bullish Friday initiation note.  The Analyst  Analyst Mike Burton initiated coverage of Micron with a Buy rating and $80 price...

Jeffrey Immelt, the former CEO of General Electric Company (NYSE: GE), reportedly isn't ready to retire from the business world and wants to take over the vacant CEO spot at Uber. Despite his experience in running a Dow-component global behemoth, he may not have the full support of Uber's investors...

Despite what seemed like a strong film slate, Imax Corp (USA) (NYSE: IMAX)’s poor second-quarter performance has led Benchmark analyst Mike Hickey to downgrade the stock from Buy to Hold. Hickey estimates revenue at $88 million vs. the Street’s $102 million and adjusted EBITDA of $22...

WebMD Health Corp. (NASDAQ: WBMD) shares spiked as much as 3.4 percent Monday on a Dealreporter article alleging IAC/InterActiveCorp (NASDAQ: IAC)’s interest in a buyout. The report suggested bids above $61 per share. However, Benchmark analyst Dan Kurnos doubts the story’s veracity....