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Why Guggenheim Is Bullish On Passage Bio
Thursday, February 4, 2021 - 12:04pm | 227Read More...Passage Bio Inc (NASDAQ: PASG) is leveraging the UPenn Gene Therapy Program to access compelling translational research and develop a range of differentiated adeno-associated virus gene therapies for rare central nervous system disorders, according to Guggenheim. The Passage Bio Analyst:...
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Will Bitcoin 'Rise 50% And Possibly Double' In 2021? These Pros Think So
Thursday, December 17, 2020 - 12:30pm | 498Read More...Bitcoin gained another 13.1% in the past 24 hours and was trading above $23,500 for the first time in history on Thursday morning. The bitcoin rally has triggered a wave of new bullish bitcoin targets on Wall Street, and deVere Group is now calling for at least 50% more upside in 2021. deVere Group...
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Fintech Focus For November 30, 2020
Sunday, November 29, 2020 - 6:19pm | 1853Read More...Quote To Start The Day: Before you judge a man, walk a mile in his shoes. After that who cares?... He’s a mile away and you’ve got his shoes! Source: Billy Connolly One Big Thing In Fintech: In light of its plan to go public, Metromile, an insurance-focused fintech powered by data...
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Guggenheim Predicts 'Tough Road' Ahead For Comcast, Downgrades Stock
Tuesday, May 19, 2020 - 2:25pm | 365Read More...Comcast Corporation (NASDAQ: CMCSA) faces a "tough road" ahead as the COVID-19 pandemic is likely to impact each business unit, according to Guggenheim. The Comcast Analyst Mike McCormack downgraded Comcast's stock from Buy to Neutral with no price target (prior target of $48). The...
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3 Reasons For Guggenheim's PayPal Upgrade
Friday, January 31, 2020 - 10:53am | 383Read More...PayPal Holdings Inc (NASDAQ: PYPL) reported fourth-quarter results Wednesday, and investors should take advantage of the "muted" response, according to Guggenheim. The PayPal Analyst Jeff Cantwell upgraded PayPal from Neutral to Buy with a new $133 price target. The PayPal Thesis...
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Guggenheim Incrementally Bullish On Dunkin' Brands
Tuesday, January 21, 2020 - 1:06pm | 321Read More...Shares of Dunkin Brands Group Inc (NASDAQ: DNKN) are trading at a premium valuation versus its historical average but still has room to move higher, according to Guggenheim. The Analyst Matthew DiFrisco maintains a Buy rating on Dunkin' with a price target lifted from $83 to $86. The Thesis...
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Guggenheim Takes On Auto Suppliers, Bullish On Aptiv And Gentex
Wednesday, October 16, 2019 - 8:15am | 561Read More...As the auto sector continues to face regulatory pressure and declining sales, one analyst is eyeing suppliers with caution. The Ratings Guggenheim analyst Ali Faghri initiated coverage on the following stocks: Aptiv PLC (NYSE: APTV) with a Buy rating and $98 price target; Gentex Corporation (...
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Guggenheim Upgrades Snap, Says Long-Term Revenue Potential Is Underappreciated
Tuesday, September 24, 2019 - 12:10pm | 318Read More...Snap Inc (NASDAQ: SNAP) ticked higher on Tuesday after receiving an upgrade. The Analyst Guggenheim analyst Michael Morris upgraded Snap from Neutral to Buy with a $22 price target. The Thesis Morris says Snap is well positioned to outperform Guggenheim’s Internet and Media coverage...
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Roku's Rough Week: A Constructive Pullback For The Stock?
Friday, September 20, 2019 - 1:47pm | 602Read More...Roku Inc (NASDAQ: ROKU) shares have experienced a steady sell-off this week, culminating in a 20% drop on Friday. Here’s a closer look at the fundamental headlines behind the sell-off and the stock’s technical outlook heading into next week. Negative Headlines On Wednesday, The Verge...
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Bed Bath & Beyond Plunges To New Lows After Earnings: Here's What The Street Is Saying
Thursday, July 11, 2019 - 11:15am | 816Read More...Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported Wednesday fiscal first-quarter results, which sent the stock tumbling to its lowest level in over a decade. Here is a summary of how some of the Street's top analysts reacted to the print and management's guidance. The Analysts Wedbush'...
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Wix Reports Q1 Results: 4 Sell-Side Takes
Friday, May 17, 2019 - 1:53pm | 568Read More...The web development platform Wix.Com Ltd (NASDAQ: WIX)'s near-term cash strategy may put off investors as it spends money to boost collections — but the payoff should be worth it, sell-side analysts said Friday. Wix reported revenue of $174 million Thursday, just beating the...
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Will Pluto, Other Digital Investment Help Viacom?
Monday, May 13, 2019 - 11:51am | 416Read More...Viacom, Inc. (NASDAQ: VIAB) shares were down on Monday after a mixed earnings report that also kept analysts lukewarm on the stock, though hopeful for a stronger second half of the year. Viacom on Friday reported second-quarter revenue of $2.96 billion, below consensus expectations $3.08 billion,...
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Booking Holdings Posts Q1 Earnings Miss: The Sell-Side Reaction
Monday, May 13, 2019 - 9:31am | 523Read More...Booking Holdings Inc (NASDAQ: BKNG) reported first-quarter adjusted earnings per share of $11.17 Thursday, missing the $11.26 consensus estimate. Here's how three analysts who watch the stock reacted. Mizuho Booking Holdings reported a good quarter, but the second-quarter room night...
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Sprint Earnings 'Better Than Feared,' But T-Mobile Merger Limbo Still A Problem
Wednesday, May 8, 2019 - 2:04pm | 622Read More...Sprint Corp (NYSE: S) reported mixed fourth-quarter results, with what one analyst called “better than feared” earnings, but the company continued to reinforce the Street’s impression that it’s just hanging on until it can complete its pending $26-billion merger with T-...
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Guggenheim, KeyBanc Remain Akamai Bulls After Q1 Beat
Wednesday, May 1, 2019 - 1:31pm | 517Read More...Akamai Technologies, Inc. (NASDAQ: AKAM) reported first-quarter results Tuesday that came in better than expected and prompted two Street analysts to reaffirm their bullish stances. The Analysts Guggenheim's Robert Gutman maintains a Buy rating on Akamai Technologies with an unchanged $85...
