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The Street Debates Whether Best Buy Investors Should Buy The Dip
Friday, May 22, 2020 - 4:27pm | 1018Read More...Electronics retailer Best Buy Co., Inc. (NYSE: BBY) reported Thursday first quarter results, highlighted by a 5.7% year-over-year drop in comps which was still better than expected. EPS also came in better than expected but the stock traded lower as investors debated its outlook in an uncertain...
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Nvidia Analyst Says New, Ampere-Based Data Center GPU Makes Chipmaker 'Unassailable'
Friday, May 15, 2020 - 1:11pm | 1042Read More...NVIDIA Corporation (NASDAQ: NVDA) shares, which have been bouncing along nicely for much of this week amid positive sell-side expectations for the chipmaker's earnings report next week, rose over 3% Thursday. CEO Jensen Huang hosted the annual GTC keynote address virtually, revealing...
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KeyBanc Upgrades Wolverine World Wide, Sees Pockets Of Opportunity
Friday, May 1, 2020 - 2:08pm | 255Read More...Although Wolverine World Wide, Inc. (NYSE: WWW) faces soft consumer demand and this year’s holiday season remains uncertain, there seem to be pockets of relative opportunity in the footwear segment, according to KeyBanc Capital Markets. The Wolverine World Wide Analyst Matthew DeGulis...
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3 Analyst Takes On eBay After 'Big Improvement' In Q1
Thursday, April 30, 2020 - 4:18pm | 622Read More...Online e-commerce platform eBay Inc (NASDAQ: EBAY) reported first-quarter results Wednesday that were highlighted by a lift in gross merchandise value due to the coronavirus pandemic. Here's how three Street analysts reacted to the print. The eBay Analysts Morgan Stanley Brian Nowak...
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3 Expert Reactions To Chipotle's Q1 Print
Wednesday, April 22, 2020 - 4:27pm | 629Read More...Chipotle Mexican Grill, Inc.'s (NASDAQ: CMG) first-quarter results earned praise from analysts and investors, as the stock traded higher by more than 12%. Chipotle reported quarterly earnings of $3.08 per share, which beat the analyst consensus estimate of $2.90. The company reported quarterly...
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Texas Instruments Analyst Says Company Better Positioned Than In 2008 Crisis
Wednesday, April 22, 2020 - 1:56pm | 366Read More...Texas Instruments Incorporated (NASDAQ: TXN) is using the 2008 recession as a framework for its guidance for the second quarter and beyond, according to KeyBanc Capital Markets. The Texas Instruments Analyst John Vinh maintained a Sector Weight on Texas Instruments. The Texas Instruments Thesis...
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Square Analysts React To FDIC's Conditional Banking License Approval For Payments Company
Thursday, March 19, 2020 - 3:22pm | 786Read More...Payment processing company Square Inc (NYSE: SQ) said Wednesday that the FDIC voted to conditionally approve its application for an Industrial Loan Company, or ILC, bank charter. The company also received charter approval from the Utah Department of Financial Institutions. The Square...
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Target Analysts React To Q4 Earnings, Investor Day Presentation
Wednesday, March 4, 2020 - 2:39pm | 598Read More...Target Corporation (NYSE: TGT) reported fourth-quarter results Tuesday morning, followed up with an investor day presentation. Here is a summary of how some of the Street's top analysts reacted to management's discussion and presentation. The Target Analyst Stifel analyst Mark Astrachan...
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The Street's Reaction To VMware's Q4
Friday, February 28, 2020 - 4:50pm | 727Read More...Enterprise software company VMware, Inc. (NYSE: VMW) reported fourth-quarter results that disappointed investors, partly due to what the company described as "late-quarter execution challenges" as one very large deal "came in an hour after our bookings cut off." Here is a...
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Zynga's 2020 Guidance Appears Conservative, KeyBanc Says
Monday, February 24, 2020 - 1:48pm | 307Read More...Zynga Inc (NASDAQ: ZNGA) has guided to 2020 bookings of $1.75 billion, which implies merely 6% growth excluding new games, according to KeyBanc Capital Markets. The Zynga Analyst Tyler Parker maintained an Overweight rating for Zynga with a price target of $18.50. The Zynga Thesis Zynga’...
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Luckin Coffee Analyst Says Company Confident In Key Targets Despite Coronavirus Impact
Thursday, February 13, 2020 - 4:26pm | 447Read More...Luckin Coffee Inc – ADR (NASDAQ: LK), which is being touted as a serious threat to Starbucks Corporation (NASDAQ: SBUX) in China, discussed concerns surrounding the COVID-19 outbreak's effect on the coffee chain in a conference call with analysts. Luckin's Q1 Revenue Likely To...
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Hasbro Earnings 'Better Than Feared,' KeyBanc Says Near-Term Catalysts Exist
Thursday, February 13, 2020 - 2:39pm | 318Read More...Hasbro, Inc’s (NASDAQ: HAS) fourth-quarter results were better than feared and the upcoming Toy Fair could provide more clarity around the company’s fiscal 2020 outlook, becoming a catalyst for the stock, according to KeyBanc Capital Markets. The Hasbro Analyst Brett Andress maintained...
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KeyBanc Upgrades Berry Petroleum On Improved Regulatory Environment
Friday, February 7, 2020 - 2:12pm | 319Read More...Berry Petroleum Corp’s (NASDAQ: BRY) prospects seem to have improved, with an increase in the pace of drilling permit issuance in California as well as the passing of an assembly bill in the state that could prove to be an “incremental positive” for the company, according to...
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Chipotle's Q4 Has Some Bullish While Others Wanted More
Wednesday, February 5, 2020 - 12:51pm | 739Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) reported fourth-quarter results highlighted by an EPS and same-store sales beat, driven by the limited-time carne asada option. Chipotle CFO: 'Just Getting Started' Chipotle CFO Jack Hartung was a guest on CNBC's "Mad Money" and told...
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KeyBanc Initiates Phreesia With Bullish Rating On Trend Of 'Healthcare Consumerism'
Friday, January 31, 2020 - 4:07pm | 322Read More...Phreesia Inc’s (NYSE: PHR) stock is a way for investors to gain exposure to growing health care consumerism in the United States, according to KeyBanc Capital Markets. The Analyst KeyBanc’s Donald Hooker initiated coverage of Phreesia with an Overweight rating and a price target of $36...
