Bernstein

Advanced Micro Devices, Inc. (NASDAQ: AMD)'s earnings report on Monday sent shares plunging more than 17 percent on Tuesday. Here is a summary of what some of Wall Street's top analysts are saying after the print. Barclays: Company Needs To Smash Estimates Barclays' Blayne Curtis rates...

Analysts at Bernstein are left wondering after Advanced Micro Devices, Inc. (NASDAQ: AMD)'s stock sank more than 10 percent following a lower-than-expected first-quarter earnings report. Bernstein's Stacy Rasgon maintains a Market-Perform rating on AMD's stock with an unchanged $8 price...

Pre-open movers U.S. stock futures traded mostly lower in early pre-market trade, ahead of earnings from several major companies. Data on housing starts for March will be released at 8:30 a.m. ET, while data on industrial production for March will be released at 9:15 a.m. ET. Kansas City Federal...

Disruptive companies tend to command superior profits to their peers due to business model efficiencies, strong brand and differentiated product offerings. Tesla Inc (NASDAQ: TSLA) seems to have similar “sources of potential advantage,” which could result in a profit advantage of 800...

Panera Bread Co (NASDAQ: PNRA) announced on Wednesday a deal to be bought by JAB for $315 per share in cash, with the total transaction value at $7.5 billion, including the assumption of $340 million of net debt. The Expected And The Surprising While Bernstein said it anticipated JAB would be...

Shares of Walt Disney Co (NYSE: DIS) have rallied since the U.S. Presidential election, as have most media stocks, on expectations of tax reform and reflation. The stock is currently trading near its 52-week high, and further movement would depend on fundamentals, Bernstein’s Todd Juenger...

Shares of Panera Bread Co (NASDAQ: PNRA) soared to new all-time highs of $292.42 last Friday following a Bloomberg report that suggested the sandwich and bakery chain may be exploring strategic alternatives, including a potential sale of itself. Here is a summary of what some of Wall Street's most...

Shares of Panera Bread Co (NASDAQ: PNRA) spiked on Monday, following reports of the company exploring strategic alternatives, including a possible sale. Potential acquirers fall in two categories, namely strategic investors and other restaurants, Bernstein’s Sara H. Senatore said in a report...

While Alibaba Group Holding Ltd (NYSE: BABA)'s core commerce business is likely to remain steady and online video could continue to be the main “influencing factor” in the estimates for the next six quarters, Bernstein’s Bhavtosh Vajpayee said in a report. He added, however, that...

Following President Donald Trump’s election victory in November, regional bank stocks aggressively rallied as investors cheered the possibility of a new banking boom during the Trump era. On the campaign trail, Trump repeatedly called for deregulation of banks and lower corporate tax rates,...

Apple Inc.'s (NASDAQ: AAPL) hot performance in 2017 still has legs, at least according to Bernstein's Toni Sacconaghi. In a research report Tuesday, Sacconaghi maintained an Outperform rating on Apple's stock with a price target boosted to $160 from $140. The analyst highlighted the...

Pre-open movers U.S. stock futures traded higher in early pre-market trade. The current account data for the fourth quarter will be released at 8:30 a.m. ET. Kansas City Federal Reserve Bank President Esther George is set to speak in Washington, D.C. at 12:00 p.m. ET, while Federal Reserve Bank of...

Netflix, Inc. (NASDAQ: NFLX) has been a polarizing stock with analysts, so much so when Bernstein announced the initiation of coverage, they acknowledged that they would be alienating half their readership. “On one hand, it’s a revolutionary product, superior in many ways to the...

Amid broader restaurant industry weakness, Bernstein says bar and grill has been the weakest segment in the restaurant sector over the past six quarters, mainly hurt by deflation and competitive pressures. Analyst Sara Senatore noted that bar and grill has never been immune to industry weakness,...