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Wall Street Analysts Say These 5 Stocks Are A Buy As The World Prepares For The Post-COVID-19 Era
Monday, November 23, 2020 - 3:47am | 998Read More...From escalating tensions between the U.S. and China, the highly infectious coronavirus pandemic outbreak, and the 2020 presidential Election, this year has turned into a rollercoaster ride for investors. Forced lockdowns weighed down industries like the oil & gas sector, retail businesses,...
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Wall Street Cautious On Oracle: 'Investors Likely Have To See The Growth Before Believing It'
Wednesday, June 17, 2020 - 10:33am | 738Read More...Oracle Corporation (NYSE: ORCL) shares were trading lower Wednesday after the company reported a larger-than-expected revenue decline in the fiscal fourth quarter but issued current-quarter guidance that exceeded expectations. Oracle reported fourth-quarter adjusted earnings per share of $1.20,...
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Disney, Discovery, Fox: Which Stock Will Be Crowned The Media King?
Tuesday, April 28, 2020 - 12:13pm | 632Read More...Even before the COVID-19 pandemic, secular trends didn’t bode well for traditional media companies. Cord-cutting triggered a decline in subscriptions and a loss of ad dollars to streaming services. One analyst expects no relief from the pressure. The Ratings RBC Capital Markets analyst Kutgun...
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Gilead Analysts Tackle Early Results From Remdesivir Study In COVID-19, Morgan Stanley Says Stock Move Looks Overdone
Friday, April 17, 2020 - 11:49am | 804Read More...Gilead Sciences, Inc. (NASDAQ: GILD) surged more than 16% after hours Thursday when STAT News reported promising preliminary results for a prospective COVID-19 therapy. In a trial conducted by the University of Chicago Medicine, remdesivir has been associated with rapid recovery and near-term...
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Roku's Technical, Fundamental Outlook Looking Bright
Thursday, December 19, 2019 - 3:44pm | 583Read More...Roku Inc (NASDAQ: ROKU) shares gained another 3% on Thursday and are now up 352% year to date as the company’s advertising business continues to gain momentum. Heading into the closing weeks of 2019, Roku shares seemingly have both fundamental and technical momentum in the near-term. A...
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RBC Bullish On Installed Building Products, Downgrades 3 Other Homebuilders
Tuesday, December 17, 2019 - 10:41am | 573Read More...Housing had a strong 2019, but not all players set a sturdy foundation. One analyst team sees growth for one building company and decay for three others. The Rating RBC Capital analysts led by Mike Dahl upgraded Installed Building Products Inc (NYSE: IBP) to Outperform and raised their price...
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Sell-Side Bullish On Uber As Quiet Period Ends
Tuesday, June 4, 2019 - 10:16am | 537Read More...More than a dozen sell-side analysts issued Buy recommendations Tuesday for Uber Technologies Inc. (NYSE: UBER) as the waiting period on rating the stock expired for banks that worked on its recent IPO. “Uber is a transformational company that should benefit from secular shifts to the sharing...
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Tariffs, Trade Cloud Short-Term Future For Deere, But RBC Says Plow Ahead
Monday, May 20, 2019 - 11:36am | 284Read More...Deere & Company (NYSE: DE) tempered its revenue, net income and cash flow outlook for 2019, but RBC Capital Markets said Monday investors should expect the company to keep plowing along and maintained a bullish long-term outlook on the stock. The Analyst RBC's Seth Weber maintained an...
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What Wall Street Is Saying About Disney+
Friday, April 12, 2019 - 12:00pm | 873Read More...Walt Disney Co (NYSE: DIS)’s ambitions for Disney+ far exceed analyst expectations. The company targets 60-90 million subscriptions for its direct-to-consumer service by 2024, management said at Thursday’s Investor Day presentation. It also expects the streaming platform to reach...
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Another Rough Day For Tesla After Einhorn Piles On
Wednesday, January 23, 2019 - 4:24pm | 577Read More...Tesla, Inc. (NASDAQ: TSLA) suffered another rough day of trading Wednesday after a horrible start to 2019, pushing the stock to its lowest level in three months. Einhorn Piles On In addition to the negative commentary from analysts, Greenlight Capital’s David Einhorn, who has been a longtime...
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RBC Downgrades Old Fox, Waits For New Fox And 'Potentially Compelling Investment Opportunity'
Thursday, August 9, 2018 - 10:50am | 408Read More...Twenty-First Century Fox Inc (NASDAQ: FOXA) beat bottom- and top-line estimates in its Wednesday earnings report, but with the Walt Disney Co (NYSE: DIS) deal on its way to closing and no other value-boosting bids in sight, Fox is has struck its near-term peak, according to RBC...
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Inspired By Tesla: RBC Speculates On Go-Private Scenario For Celgene
Thursday, August 9, 2018 - 8:24am | 450Read More...As Tesla Inc (NASDAQ: TSLA) explores an exit from the public markets, one Street analyst on Wednesday said Celgene Corporation (NASDAQ: CELG) could pursue a similar path. The Rating RBC Capital analyst Brian Abrahams maintained an Outperform rating on Celgene with a $110 price target. The Thesis...
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Wall Street Weighs In On Five Below's Q1 Earnings
Thursday, June 7, 2018 - 4:19pm | 591Read More...Five Below Inc (NASDAQ: FIVE) shares rose 22 percent Thursday after the retailer's first-quarter earnings and sales beat. Discount retail remains one of the brightest spots in brick-and-mortar retail. On a scale of one to five, Five Below's Q1 print would rate "pretty close to a...
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A Peek Into The Markets: US Stock Futures Down Ahead Of Earnings
Tuesday, May 8, 2018 - 6:18am | 367Read More...Pre-open movers U.S. stock futures traded lower in early pre-market trade, ahead of earnings from several companies. The Labor Department's JOLTS report for March is schedule for release at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average fell 70 points to 24,231.00, while the...
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A Peek Into The Markets: US Stock Futures Mixed Ahead Of GDP Report
Friday, April 27, 2018 - 6:04am | 419Read More...Pre-open movers U.S. stock futures traded mixed in early pre-market trade, ahead of earnings from several companies. Gross Domestic Product report for the first quarter and the employment cost index for the first quarter will be released at 8:30 a.m. ET. The University of Michigan's consumer...
