Bernstein

Shares of Liberty Global plc - Class A Ordinary Shares (NASDAQ: LBTYA) have lost 8 percent since the start of 2018, but investors have good reasons to drop their "notoriously cautious stance" on the stock, according to Bernstein.  The Analyst Bernstein's Dhananjay Mirchandani...

Health insurer CIGNA Corporation (NYSE: CI) announced a deal March 8 to buy Express Scripts Holding Company (NASDAQ: ESRX) for $67 billion. The Analyst Bernstein analyst Lance Wilkes initiated coverage of Cigna with a Market Perform rating and $194 price target, suggesting 13-percent...

Broadcom Ltd (NASDAQ: AVGO)'s proposed billion takeover of QUALCOMM, Inc. (NASDAQ: QCOM) hit a major setback that will put an end to the month-long pursuit. What Happened President Donald Trump on Monday rejected Singapore-based Broadcom's hostile takeover of U.S.-based Qualcomm due to...

Anheuser Busch Inbev NV (ADR) (NYSE: BUD) is through the worst of its operational challenges, although its valuation has taken a roller coaster ride over the last five years, according to Bernstein.   The Analyst Bernstein analyst Trevor Stirling upgraded AB InBev from Market Perform...

Apple Inc. (NASDAQ: AAPL)'s management team said during its fiscal first quarter conference call that its total installed base of Apple devices stands at 1.3 billion, which marks an uptick of 30 percent from two years ago. Yet at the same time, consensus estimates are calling for iPhone...

As Netflix, Inc. (NASDAQ: NFLX) plans to spend $12 billion in content development, a number of investors have expressed concern over the effectiveness of such a large-scale investment. Netflix’s recent original content successes demonstrate that the company is able to utilize its brand image...

The grocery store space remains "fiercely competitive," and investors willing to accept a "reasonable" rate of return may want to consider the industry giant Kroger Co (NYSE: KR), according to Bernstein. The Analyst Bernstein's Brandon Fletcher initiated coverage of Kroger...

Data company Teradata Corporation (NYSE: TDC)’s new subscription and rental offerings are likely to drive strong annual recurring revenue growth through 2020, according to Bernstein.  The Analyst Zane Chrane of Bernstein upgraded Teradata shares from Underperform to Market-Perform and...

Significant renovation efforts and post-hurricane uncertainty are imposing a short-term burden on Hospitality Properties Trust (NASDAQ: HPT) before the retail REIT can see any significant ramp, according to D.A. Davidson.  The Analyst James O. Lykins of D.A. Davidson downgraded HPT from...

Tesla Inc (NASDAQ: TSLA) has struggled with meeting Model 3 demand, and while analysts expect the broader industry to suffer similar roadblocks in electric vehicle development, Tesla’s impediments are both unique and self-inflicted, according to Bernstein. The Rating Bernstein analyst Toni...

Apple Inc (NASDAQ: AAPL)'s Services category is a key growth driver for the company, with the segment seeing 24-percent revenue growth in fiscal 2017. Apple Music remains a core component of Apple’s Services, growing 91 percent year-over-year to $2 billion in revenue last year despite...

With incomes of farm households rising at a faster rate than the general population, Tractor Supply Company (NASDAQ: TSCO) has one of the best store growth opportunities in retail, according to a new report from Bernstein.  The Analyst  Analyst Brandon Fletcher initiated coverage of...

The big Apple Inc. (NASDAQ: AAPL) makes big ripples when it drops a new product in the market — and those in the company's inner circle see big returns.  But one research firm said the Apple earnings effect will soon be more discrete and more discriminate, with few winners....

FedEx Corporation (NYSE: FDX) is positioned for higher valuation and earnings growth as it capitalizes on multiple tailwinds, according to Bernstein.  The Analyst Bernstein analyst David Vernon upgraded shares of FedEx from Market-Perform to Outperform and increased the one-year price...

Two of the hottest investments on Wall Street in recent months have been semiconductor stocks and cryptocurrencies, and the link is no coincidence. Cryptocurrency mining requires a massive amount of computing power, which companies such as Advanced Micro Devices, Inc. (NASDAQ: AMD) and NVIDIA...