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Coinbase Analyst: 'Earnings Upside Potential Is Significant'
Tuesday, May 11, 2021 - 2:01pm | 402Read More...Coinbase Global Inc (NASDAQ: COIN) is off to a strong start following last month’s IPO, and one analyst said Monday the stock is just getting started. The Analyst: Oppenheimer analyst Owen Lau initiated coverage of Coinbase with an Outperform rating and $434 price target. Related Link: Square...
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Google Analysts Bullish Following Earnings Beat: 'Well Positioned For Reopening Tailwinds'
Wednesday, April 28, 2021 - 1:20pm | 582Read More...Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares traded higher after the company reported a first-quarter earnings beat on Tuesday afternoon. For the first quarter, Alphabet reported adjusted EPS of $26.29 on $55.3 billion in revenue. Both numbers beat consensus analyst estimates of $15.82...
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AMD Analysts Confident of Continued Share Gains, Execution Following Chipmaker's Q1 Beat
Wednesday, April 28, 2021 - 11:52am | 1091Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) reported Tuesday with strong quarterly results and lifted its full-year guidance. The AMD Analysts: BofA Securities analyst Vivek Arya reiterated a Buy rating on AMD shares and increased the price target from $100 to $110. The analyst named the stock as...
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4 Adobe Stock Analysts On Q1 Results, 'Improving Digital Tailwinds'
Wednesday, March 24, 2021 - 3:58pm | 742Read More...Adobe (NASDAQ: ADBE) reported first-quarter revenue of $3.91 billion on Tuesday, up 26% year-over-year. Digital media revenue helped fuel the vibrant performance at $2.86 billion, a 32% year-over-year spike. The company also generated $1.26 billion in net income for the quarter, or $2.61 per ...
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Why CrowdStrike Is A Top Growth Stock Pick
Wednesday, March 17, 2021 - 4:39pm | 490Read More...Crowdstrike Holdings Inc (NASDAQ: CRWD) shares traded lower by 2% on Wednesday after the company reported a profitable fourth quarter and issued guidance above Wall Street expectations. On Tuesday, CrowdStrike reported fourth-quarter adjusted EPS of 13 cents on $264.9 million in revenue. Both...
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2 Plug Power Analysts On Financial Restatements, Why They're Constructive On The Hydrogen Fuel Cell Stock
Wednesday, March 17, 2021 - 10:51am | 474Read More...Plug Power Inc (NASDAQ: PLUG) shares were pulling back sharply Wednesday after the company announced it will restate its financial statements for the fiscal years 2018 and 2019 and quarterly filings for 2019 and 2020 due to accounting errors. The Plug Power Analysts: ...
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Inovio Shares Rally As Oppenheimer Says Coronavirus Vaccine Developer Approaching Finish Line
Friday, February 12, 2021 - 3:46pm | 617Read More...Shares of coronavirus vaccine developer Inovio Pharmaceuticals Inc (NASDAQ: INO) were surging Friday after a vote of confidence from the Street. Bullish Analyst, Fund Stake Prop Up Stock: Oppenheimer analyst Hartaj Singh initiated coverage of Inovio shares with an Outperform rating and...
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Oppenheimer Upgrades NXP Semiconductors On Auto Strength
Wednesday, February 3, 2021 - 1:05pm | 224Read More...While NXP Semiconductors NV (NASDAQ: NXPI) reported its fourth-quarter sales ahead of the consensus estimates, the upside would have been even higher if the company had not faced supply constraints, according to Oppenheimer. The NXP Semiconductors Analyst: Rick Schafer upgraded NXP...
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Fintech Focus For December 11, 2020
Thursday, December 10, 2020 - 6:51pm | 2295Read More...Quote To Start The Day: US President Donald Trump and his backers, having been stymied dozens of times by judges and elections officials across the country, are confident one last-ditch lawsuit will overturn his election loss. “All I ask for is people with wisdom and with courage, that...
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What's Next For GE After The Stock's Best Month Ever?
Wednesday, December 2, 2020 - 10:45am | 336Read More...General Electric Company's (NYSE: GE) stock in November recorded its best-ever monthly gain ever with a 40% surge, but two trading pros think the industrial giant isn't a momentum stock worth buying at current levels. 'Very Questionable': General Electric's ...
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Wall Street Analysts See These 4 Stocks As Winners Moving Into December
Monday, November 30, 2020 - 4:48am | 715Read More...The advancements with COVID-19 vaccines of Pfizer Inc. (NYSE: PFE), Moderna Inc. (NASDAQ: MRNA), and AstraZeneca Inc. (NASDAQ: AZN), along with a resurgence of stock market indices like the Dow Jones Industrial Average and S&P 500, hints at a relatively stable...
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Oppenheimer Upgrades General Electric: 'Turnaround Gaining Traction'
Tuesday, November 24, 2020 - 12:17pm | 376Read More...General Electric Company (NYSE: GE) shares gained 5.8% on Tuesday after the company landed an upgrade on Wall Street. The GE Analyst: Oppenheimer analyst Christopher Glynn upgraded GE from Perform to Outperform and set a $12 price target. The GE Thesis: Glynn said GE’s net debt is down...
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Why This Pinduoduo Analyst Is Bullish On Chinese E-Commerce Platform
Tuesday, October 20, 2020 - 2:21pm | 268Read More...Merchant checks suggest Pinduoduo Inc (NASDAQ: PDD) is poised to close its average revenue per user gap with the leading Chinese e-commerce platforms, according to Oppenheimer. The Pinduoduo Analyst: Bo Pei initiated coverage of Pinduoduo with an Outperform rating and $100 price target. The...
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DraftKings Analysts On Share Offering, Marketing Costs, Sports Betting Legalization
Monday, October 12, 2020 - 5:13pm | 433Read More...Analysts defending the DraftKings Inc (NASDAQ: DKNG) share offering and the company's high marketing costs. DraftKings has lower customer acquisition costs than in the prior year, and additional state legalization in the online sports betting market in its favor, the analysts said. The...
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3 Snowflake Analysts On Cloud Data Stock's Potential: 'Unique Technology Advantage'
Monday, October 12, 2020 - 12:02pm | 497Read More...Snowflake Inc (NYSE: SNOW) shares were gaining ground on Monday and are off to a hot start on the public market after the stock's initial public offering priced at $120 in mid-September. The cloud data warehousing company far exceeded its initial IPO target range of $75 to $85 per share,...
