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BMO On Zynga: The Best Way To Play The 'Mo-Bull' Gaming Market
Monday, April 19, 2021 - 1:01pm | 233Read More...Zynga Inc’s (NASDAQ: ZNGA) ability to create deeper relationships with mobile gamers gives the company an edge over its competitors, according to BMO Capital Markets. The Zynga Analyst: Gerrick Johnson initiated coverage of Zynga with an Outperform rating and a price target of $15. The...
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Why You Should Eat Up Papa John's Stock Over Domino's Pizza
Tuesday, March 30, 2021 - 1:39pm | 636Read More...Investors looking for exposure to pizza restaurant stocks should consider picking Papa John's Int'l, Inc. (NASDAQ: PZZA) over Domino's Pizza, Inc. (NYSE: DPZ), according to BMO Capital Markets. The Papa John's And Domino's Analyst: Andrew Strelzik initiated coverage of Papa John...
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BMO Says Starbucks Is A 'Reopening Beneficiary,' Upgrades To Outperform
Tuesday, February 23, 2021 - 10:40am | 307Read More...Starbucks Corporation (NASDAQ: SBUX) should be considered as a "reopening beneficiary" and the coffee chain giant is well-positioned to show upside versus expectations, according to BMO Capital Markets. The Starbucks Analyst: Andrew Strelzik upgraded Starbucks from Market Perform to...
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Pharma Stock Ideas: Why BMO Is Recommending Regeneron, Constellation
Monday, January 25, 2021 - 1:32pm | 511Read More...After strong performance in 2020, biopharma stocks are expected to continue their winning run in the new year. Among the companies in the space, analysts at BMO Capital Markets are particularly bullish on Regeneron Pharmaceuticals Inc (NASDAQ: REGN and Constellation Pharmaceuticals Inc (NASDAQ...
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Why Intel's CEO Transition Is A Negative For AMD: Analyst
Thursday, January 14, 2021 - 5:40pm | 379Read More...Intel Corporation (NASDAQ: INTC) shares have reacted positively to the company's announcement concerning the appointment of VMware, Inc. (NYSE: VMW) top brass Pat Gelsinger as its CEO. In a sympathy move, shares of rival chipmaker Advanced Micro Devices, Inc. (NASDAQ: AMD) pulled back, as...
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4 Intel Analysts On What New CEO Means For Chipmaker's Market Share, Turnaround
Thursday, January 14, 2021 - 1:00pm | 894Read More...Intel Corporation (NASDAQ: INTC) announced a new CEO Wednesday, sending the chipmaker's shares higher by about 7%. The Intel Analysts: Needham analyst Quinn Bolton upgraded Intel from Hold to Buy and assigned a $70 price target. BMO Capital Markets analyst Ambrish Srivastava upgraded...
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Why This Moderna Analyst Downgraded Biopharma Despite Positive COVID-19 Vaccine News
Tuesday, November 17, 2020 - 12:29pm | 487Read More...Moderna Inc (NASDAQ: MRNA) reported Monday with strong interim late-stage results for mRNA-1273, its coronavirus vaccine candidate. Despite the positive development, one analyst at BMO Capital Markets issued a downgrade of Moderna on Tuesday. The Moderna Analyst: George Farmer downgraded...
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BMO Upgrades Yamana Gold, Says Many Catalysts Ahead
Monday, November 16, 2020 - 3:10pm | 239Read More...While Yamana Gold Inc’s (NYSE: AUY) stock has a more attractive valuation than other miners of precious metals, there are some positive near-term catalysts, according to BMO Capital Markets. The Yamana Gold Analyst: Jackie Przybylowski upgraded Yamana from Market Perform to Outperform...
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Bloomin' Brands Has 40% Upside Potential, BMO Says
Monday, November 16, 2020 - 3:00pm | 366Read More...Outback Steakhouse's parent company Bloomin' Brands Inc (NASDAQ: BLMN) faces a few months of challenges ahead but could be a winner in the restaurant category in a post-COVID reality, according to BMO Capital Markets. The Analyst: Andrew Strelzik upgraded Bloomin' Brands stock from...
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Aurora Closes $173M Offering To Fund 'Growth Opportunities'
Monday, November 16, 2020 - 1:20pm | 206Read More...Canadian cannabis giant Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) has closed its overnight marketed public offering of units for total gross proceeds of $172.5 million. ATB Capital Markets and BMO Capital Markets were the bookrunners for the offering. The Edmonton-headquartered company sold...
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BMO initiates Topaz Resources With Bullish Rating
Friday, November 13, 2020 - 3:33pm | 157Read More...Topaz Resources, Inc. (OTC: TOPZ) has exposure to the growth of Tourmaline Oil (OTC: TRMLF) and a rise in natural gas prices, according to BMO Capital Markets. The Topaz Analyst: Ray Kwan initiated coverage of Topaz Resources with an Outperform rating, with a price target of $17. The Topaz...
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4 Analysts On Dunkin'-Inspire Brands M&A Deal: 'Solid Price'
Monday, November 2, 2020 - 12:39pm | 750Read More...Coffee chain Dunkin Brands Group Inc (NASDAQ: DNKN) confirmed Friday evening that it struck deal to sell itself to Inspire Brands for $106.50 per share. The Street's mostly supportive of the deal — and questioning whether it signals further M&A deals ahead in the restaurant...
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What Olive Garden And LongHorn Steakhouse Tell Us About Darden
Friday, September 25, 2020 - 12:59pm | 854Read More...Darden Restaurants, Inc. (NYSE: DRI), the parent company of Olive Garden and LongHorn Steakhouse among others, reported Thursday fiscal first-quarter results highlighted by a continued sales recovery and the reinstatement of its dividend. The stock traded sharply higher and sits around $96.24 per...
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The Street Debates Whether Costco Investors Should Buy The Dip
Friday, September 25, 2020 - 11:04am | 699Read More...Costco Wholesale Corporation (NASDAQ: COST) reported a top-and-bottom line beat in the fourth quarter, but shares moved lower following the earnings release Thursday afternoon. Here's how the Street reacted. The Costco Analysts: BofA Securities analyst Robert Ohmes maintained a...
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BMO Upgrades Hasbro On Toy Industry Performance
Wednesday, September 23, 2020 - 3:41pm | 251Read More...Hasbro Inc. (NASDAQ: HAS) may be headed for a strong holiday season — at least much better than what investors are currently anticipating. The Hasbro Analyst: Gerrick Johnson of BMO Capital Markets upgraded the rating for Hasbro from Market Perform to Outperform, while raising the...
