Bernstein

Since Apple Inc.'s (NASDAQ: AAPL) $89.47 six-month low on May 12, the stock has risen over 22 percent while experts have continued to question the uptrend strength and validity. The stock has outperformed the S&P 500 by 12.3 percent over the past 14 trading days, when it reported strong...

Bernstein has suspended the coverage of Hain Celestial Group Inc (NASDAQ: HAIN) pending resolution of the accounting issues announced by the company. Bernstein previously had an Outperform rating on the shares. Hain Celestial, an organic and natural products company, said it would delay the release...

  Pre-open movers U.S. stock futures traded lower in early pre-market trade. The Consumer Price Index for July and housing starts data for July is schedule for release at 8:30 a.m. ET. Data on industrial production for July will be released at 9:15 a.m. ET, while data on e-commerce...

Beverages & Snacks sales in Western Europe declined by 5 percent in the 4-week period ended July 10, 2016, with volumes down 4 percent, Bernstein’s Ali Dibadj said in a report. While sales of beverages in Western Europe were down 8.1 percent, with a 7.4 percent decline in volumes, sales...

With the EMC Corporation (NYSE: EMC) and Dell deal expected to close by October, Bernstein’s A.M. (Toni) Sacconaghi, Jr. believes that EMC’s risk/reward is balanced at the current trading levels. Sacconaghi downgraded the rating on EMC from Outperform to Market Perform, with a price...

Bernstein maintains its Outperform rating on Panera Bread Co (NASDAQ: PNRA), saying the company's second-quarter results and commentary suggest Panera is capitalizing on industry-shaping secular trends. Quarterly Results The fast-casual restaurant chain reported second-quarter adjusted EPS/revenue...

General Electric Company (NYSE: GE) announced its 2Q16 results, with the EPS beating expectations. The company reaffirmed its 2016 EPS guidance. Bernstein’s Steven E. Winoker maintains a Market Perform rating on the company, with a price target of $34. Disappointing 2Q Results Winoker...

Texas Instruments Incorporated (NASDAQ: TXN) reported its 2Q16 results with the revenue and EPS beating the consensus expectations. Bernstein’s Stacy A. Rasgon maintains a Market Perform rating on the company, while raising the price target from $60 to $70. Beat Results And Guidance Rasgon...

VMware, Inc. (NYSE: VMW) shares are likely to continue to be under pressure at least until the deal between Dell and EMC Corporation (NYSE: EMC) potentially closes, Bernstein’s Mark L. Moerdler said in a report. He maintained a Market-Perform rating on the company, with a price target of $...

The Apple Inc. (NASDAQ: AAPL) stock seems to be “an attractive revaluation candidate,” as it reflects “overly pessimistic mid-single-digit declines in FCF in perpetuity,” Bernstein’s Toni Sacconaghi said in a report. He maintained an Outperform rating on the company...

Netflix, Inc. (NASDAQ: NFLX) reported a significant miss in 2Q16 net adds, both domestically and internationally. Bernstein’s Carlos Kirjner maintained an Underperform rating on the company, with a price target of $62. Netflix reported its 2Q16 consolidated revenues at $2,105 million,...