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BMO Turns Bullish On Nvidia, Says It's Uniquely Positioned For Computing Shift
Monday, May 18, 2020 - 12:48pm | 455Read More...A BMO Capital Markets analyst left the sidelines on NVIDIA Corporation (NASDAQ: NVDA) Monday. The Nvidia Analyst Ambrish Srivastava upgraded Nvidia from Market Perform to Outperform and hiked the price target by about 50% from $285 to $425. The Nvidia Thesis Continued execution on the...
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L Brands Has Value Without Victoria's Secret Deal, BMO Says In Upgrade
Tuesday, May 5, 2020 - 10:51am | 411Read More...Shares of L Brands Inc (NYSE: LB) Monday tumbled in after-hours trading on news of Sycamore Partners LLC terminating its agreement to acquire a majority stake in Victoria’s Secret. Once the noise related to the deal dies down, the focus will be on the company’s underlying fundamental...
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Analyst Cuts Murphy Oil Rating On Valuation, Ahead Of A Tougher 2021
Tuesday, April 28, 2020 - 1:21pm | 308Read More...Murphy Oil Corporation (NYSE: MUR) joined the recent relief rally in exploration & production stocks, surging around 50% this month, despite earnings being lower through 2021, according to BMO Capital Markets. The Murphy Oil Analyst BMO’s Phillip Jungwirth downgraded Murphy Oil's...
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Microsoft Analysts See 20% Upside Following Across-The-Board Q2 Beat
Thursday, January 30, 2020 - 12:20pm | 1002Read More...Microsoft Corporation (NASDAQ: MSFT) reported stellar fiscal-year second-quarter results, sending shares higher. Microsoft reported quarterly earnings of $1.51 per share, which beat the analyst consensus estimate of $1.32. This is a 37% increase over earnings of $1.10 per share from the same period...
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Analyst Sees Upside Potential For Canopy Growth, Upgrades Stock
Tuesday, January 28, 2020 - 1:12pm | 324Read More...Canopy Growth Corp (NYSE: CGC)(TSX:WEED) shares have lost 55.89% over the last 12 months. The Analyst BMO Capital's Tamy Chen and Peter Sklar updated Canopy Growth from Market Perform to Outperform and boosted their price target from $25 to $40. The Thesis "We believe there is potential...
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Hormel Analyst Stays Neutral After Mixed Q4 Print
Wednesday, November 27, 2019 - 12:03pm | 387Read More...Consumer-branded food and meat products company Hormel Foods Corp (NYSE: HRL) reported fourth-quarter results Tuesday that were highlighted by an earnings beat, but BMO Capital Markets is sticking to the sidelines. Hormel's Q4 Hormel Foods reported a 1-cent-per-share EPS...
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Analysts Upbeat On Skyworks' Fundamentals
Wednesday, November 13, 2019 - 3:34pm | 786Read More...Skyworks Solutions Inc (NASDAQ: SWKS) reported better-than-expected fiscal fourth-quarter earnings and revenues, but the stock is slipping in reaction to the year-over-year declines in both metrics. The Analysts Bank of America analyst Vivek Arya reiterated an Underperform rating and $92 price...
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These Analysts Love BellRing Brands
Monday, November 11, 2019 - 4:00pm | 622Read More...BellRing Brands Inc (NYSE: BRBR) is a nutrition products company known for its ready-to-drink protein shakes and was born out of the separation of Post Holdings Inc (NYSE: POST). On Monday, multiple analysts initiated coverage of BellRing's stock with a mostly positive bias. The Analysts Credit...
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BMO Waits On The Sidelines For Better Momentum At Check Point Software
Tuesday, October 29, 2019 - 12:07pm | 262Read More...Check Point Software Technologies Ltd. (NASDAQ: CHKP) reported its third-quarter results and announced fourth-quarter guidance broadly in-line with expectations. The company “did little” to address investor concerns around its longer-term growth potential, according to BMO Capital...
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Hershey's Earnings: Sweet Treat Or Sour Candy?
Friday, October 25, 2019 - 12:26pm | 603Read More...Hershey Co (NYSE: HSY) reported mixed third-quarter results and lifted part of its full-year outlook. The Analysts BMO Capital Markets analyst Kenneth Zaslow maintained a Market Perform rating on Hershey stock with a price target lifted from $133 to $138. Bank of America Merrill...
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Infosys Continues To Face Margin Pressure, BMO Says
Monday, October 14, 2019 - 3:05pm | 261Read More...While Infosys Ltd ADR (NYSE: INFY) reported revenue growth for the second quarter, its margins continued to contract, according to BMO Capital Markets. The Analyst BMO’s Keith Bachman maintained a Market Perform rating on Infosys, reducing the price target from $12.50 to $12.00. The Thesis...
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This Analyst Says 'Weak' Market Sentiment For Keurig Dr Pepper's Ready To Drink Portfolio Seems Unjustified
Wednesday, October 2, 2019 - 1:54pm | 312Read More...Keurig Dr Pepper Inc (NYSE: KDP) is poised to generate sector leading mid-teens EPS growth through 2021, backed by merger synergies, according to BMO Capital Markets. The Analyst BMO’s Amit Sharma maintained an Outperform rating on Keurig Dr Pepper with a price target of $34. The Thesis...
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Wall Street Bearish On US Steel Following Big River Deal
Wednesday, October 2, 2019 - 11:55am | 525Read More...United States Steel Corporation (NYSE: X) shares are down more than 8% on Wednesday after the company announced Tuesday a $700 million investment in a 49.9% ownership stake of Big River Steel. U.S. Steel said Big River Steel has commenced a construction project that will raise Big River’s...
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Applied Genetic Notches Sell-Side Upgrade After Releasing Interim Study Data
Monday, September 30, 2019 - 12:03pm | 356Read More...Biotechnology company Applied Genetic Technologies Corp (NASDAQ: AGTC) presented interim six-month data Thursday for the Phase 1/2 XLRP program in X-linked retinitis pigmentosa, turning BMO Capital Markets bullish on the stock. The Analyst Matthew Luchini upgraded Applied Genetics...
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Street Debates Micron's Stock After Q4 Disappoints
Friday, September 27, 2019 - 5:05pm | 737Read More...Memory and storage solutions company Micron Technology, Inc. (NASDAQ: MU) reported Thursday with fourth-quarter results and a disappointing outlook. Micron shares immediately traded lower following the print, and the Street debated if investors should be buyers of the dip. The Good, Bad In Q4...
