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Topeka Analysts Are Buying Bankrate And LendingTree: Here's Why
Wednesday, November 18, 2015 - 1:59pm | 348Read More...In a recent report, analysts at Topeka initiated coverage of Lendingtree Inc (NASDAQ: TREE) and Bankrate Inc (NYSE: RATE) with Buy ratings and price targets of $150 and $19, respectively. LendingTree They argued that LendingTree is a leader in the market of connecting online consumers and...
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Wall Street's Early Reaction To The Intel-Altera Deal
Monday, June 1, 2015 - 3:10pm | 500Read More...Intel Corporation (NASDAQ: INTC) on Monday announced it will acquire Altera Corporation (NASDAQ: ALTR) for $16.7 billion or $54 per share. By mid-afternoon, three of Wall Street's top analysts weighed in on the deal. Topeka: ‘Compelling' Synergies And New Product Opportunities...
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Wall Street's Reaction To Gap's Q1 Earnings
Friday, May 22, 2015 - 12:13pm | 506Read More...Gap Inc (NYSE: GPS) reported a decline in its earnings for the first quarter on Thursday. Here is how some of Wall Street's top retail analysts responded. Topeka: Q1 As Expected In a brief note, Dorothy Lakner said Gap's first quarter print came in as expected, with reaffirmed...
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Analysts Unimpressed By Dreamworks Animation's Big Hit With 'Home'
Monday, March 30, 2015 - 10:28am | 329Read More...Dreamworks Animation Skg Inc. (NASDAQ: DWA) gained more than 8 percent early in Monday's session on unexpectedly high receipts from the weekend opening of its latest computer-animated comedy film called "Home." Shares of the company jumped $1.95 to $24.63. But a number of...
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Analyst: NQ Mobile To See Revenue Growth, Wider Margins
Wednesday, March 25, 2015 - 9:26am | 259Read More...NQ Mobile Inc (NYSE: NQ) is likely to post rapid revenue growth and improving margins in 2015, an analyst said Wednesday. Topeka's Fred Ziegler reiterated a Buy rating on the Chinese-based mobile platform provider, but cut his price target nearly 12 percent to $7.50, citing more shares...
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NQ Mobile Up 10% Ahead Of Q4 Report
Wednesday, March 18, 2015 - 9:53am | 221Read More...NQ Mobile Inc (NYSE: NQ) shares have gained 10 percent in the past week ahead of the Chinese mobile service provider's expected fourth-quarter results and conference call later Wednesday. The company made headlines in December with its last quarterly report, when short-seller Carson Block...
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Topeka Stirs Pot With Oil Industry Merger Speculation
Monday, March 16, 2015 - 3:13pm | 303Read More...Joining an increasingly popular guessing game on potential take-out targets in the oil and gas industry, an analyst published some further speculation Monday. Topeka's Gabriele Sorbara added to a growing list of "most likely" companies that might get acquired: Cabot Oil &...
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Michael Kors Analyst Roundup Following Q3 Results
Thursday, February 5, 2015 - 6:55pm | 360Read More...Michael Kors Holdings Ltd (NYSE: KORS) reported Q3 results Thursday. The stock fell amid a downbeat forecast and closed at $69.77, down 2.26 percent. Analysts weighed in following the earnings release. Below are some highlights along with current ratings and price targets. Morgan Stanley -...
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Topeka Suggests eBay Investors 'Remain On The Sidelines On Weak Fundamentals'
Thursday, January 22, 2015 - 8:29am | 145Read More...Victor Anthony of Topeka Capital Markets on Thursday reiterated a Hold rating on shares of eBay Inc (NASDAQ: EBAY) with a $57 price target, as shares are likely to remain range-bound until the company finalizes a split of its PayPal segment. “Gross Merchandise Volume growth continues to...
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Analysts Optimistic On Netflix Heading Into Q4 Earnings
Tuesday, January 20, 2015 - 2:39pm | 385Read More...Netflix, Inc. (NASDAQ: NFLX) is scheduled to report Q4 earnings after the market close Tuesday. The average analyst estimate for revenue is $1.48 billion with EPS of $0.45. Topeka Capital Markets noted that “all eyes will really be on the international sub result, which by our...
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Analysts Like Gap's Old Navy December Comps
Friday, January 9, 2015 - 12:37pm | 229Read More...Gap Inc (NYSE: GPS) traded lower Friday on disappointing holiday sales, but a couple of analysts were pleased by the company's Old Navy outlets. The apparel retailer said late Thursday that its Gap outlets grew December same-store sales 1 percent, while its Old Navy stores saw increased...
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Topeka's Top 3 Oil & Gas Picks
Monday, December 29, 2014 - 11:46am | 311Read More...Topeka commented on exploration and production stocks Monday and noted that “H15 will be challenging for the sector, but expect a buying opportunity to develop in 2H15, ahead of a supply response and a rally in oil prices.” Analyst Gabriele Sorbara felt that “exposure to [the...
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Topeka: Yahoo's Tumblr Is 'Under-Appreciated Asset'
Tuesday, December 23, 2014 - 3:01pm | 201Read More...Yahoo! Inc. (NASDAQ: YHOO) Tumblr unit, acquired for $1.1 billion in June 2013, is an under-appreciated asset that should become profitable next year, an analyst said Tuesday. Topeka's Victor Anthony raised his price target about 5 percent to $60 a share, and 2015 earnings estimate for...
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NQ Mobile Skyrockets On Buyback Plan, Topeka Analyst Weighs In
Tuesday, December 23, 2014 - 1:34pm | 322Read More...NQ Mobile Inc (ADR) (NYSE: NQ) soared more than 28 percent after the company unveiled an $80 million buyback to be paid for using existing cash. Shares of the company had been under heavy pressure since last week when the company released disappointing results and said it will sell its FL...
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Analysts, Investors In The Dark On NQ Mobile
Thursday, December 18, 2014 - 5:02pm | 394Read More...NQ Mobile Inc (NYSE: NQ) has analysts and investors in the dark about its performance ahead of plans to unveil results for no less than its three most recent three quarters on Thursday night. Rosenblatt Securities Jun Zhang said that regardless of the numbers, there isn't much downside risk...
