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Why Wayfair Is Attractive At Current Levels
Tuesday, November 10, 2020 - 1:30pm | 373Read More...Online home furnishing retailer Wayfair Inc (NYSE: W) is one of the beneficiaries of the COVID-19 pandemic that forced consumers to increasingly gravitate toward online shopping. With the stock pulling back promptly on Monday in reaction to positive news concerning a vaccine against the virus that...
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Why This Analyst Says It's Not Too Late To Buy Tech Stocks
Tuesday, July 7, 2020 - 4:14pm | 403Read More...The Nasdaq index closed Monday at a record high and is up around 20% since the start of 2020. Despite the strong rally, investors should "absolutely" still be buyers of tech stocks, according to D.A. Davidson's Tom Forte. What Happened: The global COVID-19 pandemic marks the beginning...
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Uber, GrubHub Analysts Dish Opinions On Reported M&A Talks: 'Not Surprising'
Tuesday, May 12, 2020 - 3:34pm | 839Read More...If media reports are accurate that Uber Technologies Inc (NYSE: UBER) is in talks to acquire rival food delivery platform GrubHub Inc (NYSE: GRUB), it would be both an offensive and defensive move, according to Wedbusgh. The Uber Analysts Wedbush analyst Ygal Arounian maintains an Outperform rating...
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Why This Analyst Is Bullish On Chicken Soup For The Soul
Tuesday, February 25, 2020 - 3:16pm | 404Read More...Chicken Soup for The Soul Entertainment Inc (NASDAQ: CSSE) describes itself as a provider of "positive and entertaining video content that brings out the best of the human spirit." Research firm DA Davidson initiated coverage of the stock with a bullish rating, noting the company's...
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What A Bernie Sanders Presidency Could Mean For Big Tech Stocks
Monday, February 24, 2020 - 2:00pm | 793Read More...If Bernie Sanders were to become president, it could be good for Roku Inc (NASDAQ: ROKU) and a problem for Apple Inc. (NASDAQ: AAPL) and Amazon.com Inc. (NASDAQ: AMZN), according to a DA Davidson first-take look at the potential impact of Sanders' proposals. Sanders, who cemented front-runner...
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Apple Experts React To iPhone Maker's Revenue Warning, Coronavirus Threat
Tuesday, February 18, 2020 - 9:23am | 599Read More...Shares of Apple Inc. (NASDAQ: AAPL) were trading lower by 2% early Tuesday morning after the iPhone maker said it doesn't expect to meet its prior fiscal second-quarter revenue guidance of $63 to $67 billion due to the coronavirus outbreak. Here's how several experts reacted to the...
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A Bull Vs. Bear Take On eBay's Stock
Wednesday, January 29, 2020 - 3:22pm | 428Read More...Over the past the year, eBay Inc (NASDAQ: EBAY) shares have remained relatively flat, trading in a range from $34 to $42. On Tuesday, eBay reported quarterly earnings of 81 cents per share, which beat the analyst consensus estimate of 76 cents. The company reported quarterly sales of $2.82 billion...
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4 Things To Watch For On Apple's Q1 Earnings Call
Tuesday, January 21, 2020 - 2:03pm | 381Read More...The sell-side is unequivocal about a pickup in Apple Inc.'s (NASDAQ: AAPL) iPhone momentum, and have scrambled to upwardly revise iPhone shipment estimates and price targets for the shares. On the heels of his recent positive price target and estimate revisions, an analyst at DA Davidson is...
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Analyst Raises Apple Price Target On 5G, Smartphone Opportunity
Monday, January 13, 2020 - 12:25pm | 323Read More...Hype and hope surrounding the emerging 5G market should spur a new round of iPhone growth for Apple Inc. (NASDAQ: AAPL), D.A. Davidson said Monday. The Analyst Tom Forte raised the target price from $300 to $375 and reiterated a Buy rating on Apple's stock. The Thesis Apple can exploit a multi-...
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Roku's Slowing Profit Growth Keeps Analysts, Investors Hesitant On The Stock
Thursday, November 7, 2019 - 12:27pm | 537Read More...Investors continued to disconnect from Roku Inc (NASDAQ: ROKU) following tepid forward guidance that also failed to impress sell-side analysts, who warned of slowing growth in profits. The sell-off came despite third-quarter revenue and earnings beats on Wednesday. The Analysts Wedbush analyst...
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In Defense Of Pinterest? These Analysts Stay Positive After Earnings Drop
Friday, November 1, 2019 - 10:34am | 481Read More...Image-sharing social media platform Pinterest Inc (NYSE: PINS) disappointed the Street with its third-quarter report, but at least three analysts are defending the company. The Analysts DA Davidson analyst Tom Forte upgraded Pinterest's stock from Neutral to Buy with a $28 price target....
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What To Make Of Apple Earnings: Wearables, China And Apple TV+
Thursday, October 31, 2019 - 10:18am | 856Read More...Apple Inc. (NASDAQ: AAPL) shares traded higher by 2% on Thursday after the company beat earnings and revenue expectations in the fiscal fourth quarter and guided for better-than-expected sales in the critical holiday quarter. Apple reported 18% Services segment growth and 54% revenue growth in...
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Fitbit Pulls Out Of China To Escape Tariffs
Thursday, October 10, 2019 - 9:39am | 544Read More...The Trump administration’s trade policies have finally gotten to Fitbit Inc (NYSE: FIT). The company announced Wednesday that it would shift certain product manufacturing from China to another market in order to evade the cost of Section 301 tariffs. What Happened Beginning in...
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DA Davidson: Buy GrubHub On Weakness After Chanos Shorts Stock
Friday, September 20, 2019 - 3:11pm | 394Read More...Shares of GrubHub Inc (NYSE: GRUB) fell Thursday after Jim Chanos said he is short the stock due to concerns around competition and labor costs. Competition is good for the company, and investors should take advantage of Thursday’s weakness, according to D.A. Davidson. The Analyst Tom Forte...
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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...
