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Axiom: Not So Many Bidders For Yelp
Friday, May 8, 2015 - 7:46am | 406Read More...The list of potential bidders for Yelp Inc (NYSE: YELP) is shorter than many believe, an analyst said Thursday. Axiom Capital's Victor Anthony ran through a list of a half-dozen prominent possible bidders. "Point is, upon further thinking, the list of potential acquirers for Yelp...
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UPDATE: Axiom Capital Initiates Coverage On Shutterfly As Margins Expand
Wednesday, March 18, 2015 - 9:48am | 161Read More...In a report published Wednesday, Axiom Capital analyst Victor Anthony initiated coverage on Shutterfly, Inc. (NASDAQ: SFLY) with a Buy rating and $58.00 price target. In the report, Axiom Capital noted, "We are initiating coverage of Shutterfly with a Buy rating and $58 price target. Shutterfly has...
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Axiom Capital: Chinese Solar Sector 'Ripe' For Shorting
Friday, February 27, 2015 - 9:02am | 448Read More...Chinese solar power equipment makers are at risk of missing Wall Street expectations and an analyst recommended shorting a half-dozen companies in the sector Thursday. U.S. tariffs on Chinese solar products, an oversupplied market as well as currency headwinds will all conspire to produce...
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Gordon Johnson Of Axiom Capital Not A Believer In U.S. Steel Rally
Wednesday, January 28, 2015 - 6:07pm | 678Read More...Back in September, Benzinga reached out to Gordon Johnson of Axiom Capital to weigh in on the parabolic rally in shares of United States Steel Corporation (NYSE: X) as the issue approached the $46.00 level. To say the least, he was skeptical of the rally and could not come up with a scenario that...
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Do Lower Oil Prices Really Impact The Solar Power Industry?
Friday, January 2, 2015 - 10:47am | 356Read More...During the last six months, when price of crude oil crashed from above $100 to nearly $50 levels, stocks of solar energy companies also came down. Two of the biggest names in this space, SolarCity Corp (NASDAQ: SCTY) and First Solar, Inc. (NASDAQ: FSLR) have witnessed stock correct...
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UPDATE: Axiom Capital Upgrades Cliffs Natural Resources On Valuation
Wednesday, October 15, 2014 - 9:29am | 162Read More...In a report published Wednesday, Axiom Capital analyst Gordon L. Johnson II upgraded the rating on Cliffs Natural Resources Inc (NYSE: CLF) from Sell to Hold, but lowered the price target from $10.00 to $9.00. In the report, Axiom Capital noted, “Since our initiation of coverage, CLF's shares have...
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Axiom Capital Sees Polypore International As Overvalued
Friday, October 10, 2014 - 8:52am | 120Read More...In a report published Friday, Axiom Capital analyst Gordon L. Johnson II reiterated a Sell rating and $16.00 price target on Polypore International, Inc. (NYSE: PPO). In the report, Axiom Capital noted, “PPO is among the most overvalued & cheered Wall Street stocks in the market today,...
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Axiom Capital Sees Challenges Ahead For United States Steel Corporation
Tuesday, September 30, 2014 - 9:25am | 204Read More...In a report published Tuesday, Axiom Capital analyst Gordon L. Johnson II reiterated a Sell rating and $21.00 price target on United States Steel Corporation (NYSE: X). In the report, Axiom Capital noted, “While we believe many pundits see $1/shr in quarterly earnings for X as sustainable (or $4/yr...
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What Is The Deal With United States Steel Corporation?
Monday, September 22, 2014 - 2:13pm | 840Read More...United States Steel Corporation (NYSE: X) shares are on an unprecedented run since July 29. It has rallied from that day's closing price ($27.67) to more than a three-year closing price high on Thursday, September 18 ($46.00). The latest surge in prices took place on September 17, when it...
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UPDATE: Axiom Capital Initiates Coverage on Cliffs Natural Resources on Bad Place, Bad Time
Monday, March 10, 2014 - 8:59am | 241Read More...In a report published Monday, Axiom Capital analyst Gordon L. Johnson II initiated coverage on Cliffs Natural Resources (NYSE: CLF) with a Sell rating and $10.00 price target. In the report, Axiom Capital noted, “We are initiating coverage of CLF with a SELL, High Risk rating, & $10 12-month...
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Polypore Down 6% on Rumor It May Lose Big Auto Business (PPO)
Wednesday, September 18, 2013 - 12:54pm | 482Read More...A rumor is developing that technology filtration company, Polypore International Inc. (NYSE: PPO) has lost business because Asian competitors are severely undercutting PPO’s price. Polypore provides lithium ion (Li-Ion) battery separators to LG Chem for use in General Motors’ (NYSE: GM) Chevy...
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UPDATE: Axiom Capital Reiterates Sell, $25 PT on Polypore International; Pressure From Weak Volt, Leaf Sales
Thursday, July 5, 2012 - 10:15am | 146Read More...Axiom Capital reiterated its Sell rating and $25 price target on Polypore International (NYSE: PPO) on Thursday, as it believes weak electric car sales and production will pressure the company's outlook. Axiom Capital notes, "GM produced 1,141 Chevy Volts, a 72% m/m decline, indicating a...
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UPDATE: Axiom Capital Downgrades Amtech Systems from Hold to Sell
Friday, August 12, 2011 - 6:12am | 60Read More...Axiom Capital downgraded Amtech Systems (NASDAQ: ASYS) from Hold to Sell. At the moment, the rating agency has a price target of $8 placed on the company's stock. On Thursday, ASYS added 6.42% to its value to finish the day at $11.77. Its shares continued to rise in today's pre-market trading,...
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Axiom Capital Comments On First Solar
Thursday, August 11, 2011 - 9:48am | 136Read More...Axiom Capital Research provided color on First Solar (NASDAQ: FSLR) in a research report published today. Axiom Capital has previously given First Solar a Sell rating. In the report, Axiom Capital states, "While the market has shunned recent share sales by a number of FSLR executives, we see the...
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Axiom Capital Provides Color on Taiwanese Solar Companies
Thursday, August 11, 2011 - 6:03am | 85Read More...Axiom Capital provided color on Taiwanese Solar Companies. In a research report published today, Axiom Capital commented on the companies' revenues. In the report, Axiom Capital states, “For the Taiwanese solar companies we track, aggregated solar cell revs increased 15.4% m/m in July, after...
