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Intel Isn't Out Of The Woods, Bernstein Says In Downgrade
Monday, March 21, 2016 - 8:52am | 436Read More...Intel Corporation (NASDAQ: INTC) is scheduled to report Q1 2016 earnings on April 19. While analysts have been debating about the possibility of a pre-announcement for the company based on "deteriorating industry datapoints," no pre-announcement has been made or set. However, analysts...
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Apple iPhone Business Still Healthy Despite Recent Worries, Bernstein Says
Friday, March 18, 2016 - 10:40am | 244Read More...Bernstein’s Toni Sacconaghi maintained an Outperform rating for Apple Inc. (NASDAQ: AAPL), with a price target of $135. Apple is slated to host an event on March 21, during which it is widely expected to launch the iPhone SE, iPad Air 3, and new Apple Watch bands. Expected Price Point...
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Where Is Tesla's Growth Strategy? Bernstein Still Doesn't Know
Friday, March 18, 2016 - 8:59am | 630Read More..."Dude, where's my car…and your growth strategy?" Bernstein quipped in a note regarding Tesla Motors Inc (NASDAQ: TSLA). While Tesla is up roughly 20 percent in the last year, and about 34 percent in the last month, the year-to-date portrait shows a bit more volatility, as...
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Bernstein Pounds Table On Nokia, Says Consensus Too Cautious
Tuesday, March 15, 2016 - 9:38am | 310Read More...Bernstein’s Pierre Ferragu maintained an Outperform rating on Nokia Corporation (ADR) (NYSE: NOK), with a price target of €9. Consensus Very Cautious “After a few months of uncertainty the Street now has access to a fully-fledged sell-side consensus for the new Nokia Corp,...
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Bernstein Downgrades RBS To Market Perform, Warns Of 'The Big Mark To Reality'
Thursday, March 10, 2016 - 9:42am | 238Read More...Bernstein’s Chirantan Barua downgraded the rating on Royal Bank of Scotland Group PLC (NYSE: RBS) from Outperform to Market Perform, while lowering the price target from 450p to 230p. Outlook Concerns “The #1 UK Mid-Market and SME bank is now ready to lend after years of...
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Why Lions Gate Might Be The Biggest Beneficiary From An Increasing Appetite Of Original Content
Thursday, March 10, 2016 - 9:05am | 213Read More...Bernstein’s Todd Juenger maintained an Outperform rating for Lions Gate Entertainment Corp. (USA) (NYSE: LGF), with a price target of $34. He upgraded the company to Best of Bernstein Pick in U.S. Media. Independent studios in general, and Lions Gate in particular, are expected to benefit...
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Today's Hewlett Packard Enterprise Might Be 2012's HP
Thursday, March 10, 2016 - 8:55am | 282Read More...Bernstein’s Toni Sacconaghi, Jr maintained an Outperform rating for Hewlett Packard Enterprise Co (NYSE: HPE), with a price target of $19. He mentioned that the company seems to be what HP Inc (NYSE: HPQ) was in 2012, with “potentially much running room” for its stock. In...
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Sum-Of-The-Parts Analysis Suggests J&J Stock Price Of $124
Tuesday, March 8, 2016 - 9:49am | 323Read More...The Board of Johnson & Johnson (NYSE: JNJ) received a letter from Artisan Partners Asset Management Inc (NYSE: APAM) urging the former company to consider separating its three divisions - Consumer, Pharmaceutical and Medical Devices - into standalone entities. Artisan Partners, which owns...
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Oil Markets Could Re-Balance Earlier Than Expected, New Research Shows
Monday, March 7, 2016 - 11:46am | 287Read More...In a new report, A.B. Bernstein analyst Neil Beveridge discusses why China will be the main driver behind a quicker-than-expected re-balancing of the global oil market. According to Beveridge, the market is underestimating China's 2016 crude production cuts. “We believe that at...
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Coffee Prices 50% Off Peak Made In 2011 And Mid-'90s; What's It Mean For Coffee Retailers?
Friday, March 4, 2016 - 1:17pm | 652Read More...Coffee prices and coffee retailers appear to have an inverse correlation, and a strong one at that, according to Bloomberg. Commodity-dependent retailers like Starbucks Corporation (NASDAQ: SBUX) and Keurig Green Mountain Inc (NASDAQ: GMCR) have enjoyed low coffee prices because, as explained...
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Hewlett Packard Enterprise Has Crazy Upside, But Didn't You Know That Already?
Friday, March 4, 2016 - 10:54am | 352Read More...Bernstein's Toni Sacconaghi upgraded the rating for Hewlett Packard Enterprise Co (NYSE: HPE) from Market-Perform to Outperform, while raising the price target from $16 to $19. While the stock seemed to offer very attractive upside potential, there had been concerns surrounding revenue and...
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Bernstein Raises Ross Stores PT To $62, Continues To Like Its Fundamentals
Wednesday, March 2, 2016 - 9:50am | 278Read More...Bernstein's Anne-Charlotte Windal maintained a Market Perform rating on Ross Stores, Inc. (NASDAQ: ROST), while raising the price target from $60 to $62. The company reported its 4Q15 results on Tuesday, with the EPS $0.02 above the consensus, driven by strong comparable store sales....
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Bernstein Lowers DaVita's Price Target, Believes Dialysis Biz Is Well Positioned For Long-Term Growth
Wednesday, March 2, 2016 - 9:03am | 286Read More...Bernstein’s Lisa Bedell Clive maintained a Market-Perform rating for DaVita HealthCare Partners Inc (NYSE: DVA), while reducing the price target from $74.50 to $71. DaVita reported its Q415 EPS 4 percent ahead of expectations. The company’s net income was in-line with the estimate,...
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Bernstein Upgrades Airbus To Outperform, Joins Boeing As Bull Plays In Portfolio
Monday, February 29, 2016 - 3:24pm | 323Read More...On Monday, AB Bernstein issued a company note on Airbus Group SE (EPA: AIR) as analysts believe that aircraft demand will remain strong. Bernstein upgraded Airbus from Market-Perform to Outperform with a 78 euro price target. Douglas Harned and Christian Laughlin, analysts at Bernstein, wrote, "We...
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HSBC Cut To Sell-Equivalent By Bernstein's Barua
Monday, February 29, 2016 - 2:15pm | 257Read More...On Monday, AB Bernstein issued a company note on HSBC Holdings plc (ADR) (NYSE: HSBC) after disappointing Q4 earnings results. Analysts at Bernstein downgraded HSBC to Underperform with a 380 pence price target. Chirantan Barua and Daniel Lasry, analysts at Bernstein, wrote, "HSBC's Q4 results (...
