-
Bernstein Cuts Amazon's Target To $770 And Asks 'Is The Pain Worth The Gain?'
Monday, February 29, 2016 - 9:59am | 324Read More...Bernstein analyst Carlos Kirjner cut the price target on Amazon.com, Inc. (NASDAQ: AMZN) shares by $30 to $770. The analyst also trimmed his 2016 and 2017 earnings estimate of the e-commerce giant due to a mix shift in the first party business that is impacting the gross margin. Amazon's Q4...
-
Victoria's Secret Pain Points Look Flexible, Says Bernstein
Friday, February 26, 2016 - 9:21am | 293Read More...Bernstein's Anne-Charlotte Windal maintained a Market Perform rating on L Brands Inc (NYSE: LB), while raising the price target from $93 to $95. The company reported its 4Q15 results and provided its FY16 guidance on February 26. Windal noted, however, that L Brands did not provide an...
-
United Technologies CEO Comments On Honeywell Merger Rumors, Says 'Ain't Going To Happen'
Tuesday, February 23, 2016 - 2:49pm | 191Read More...Investors and traders were scrambling on Tuesday to find any truth to media reports that suggested a merger between United Technologies Corporation (NYSE: UTX) and Honeywell International Inc. (NYSE: HON) The Wall Street Journal reported that United Technologies' CEO Gregory Haye shot down...
-
Bernstein: Honeywell-United Technologies Merger 'Unlikely'
Tuesday, February 23, 2016 - 10:56am | 266Read More...Bernstein’s Steven E. Winoker maintained an Outperform rating and a price target of $122 for Honeywell International Inc. (NYSE: HON), while maintaining a Market-Perform rating and a price target of $104 for United Technologies Corporation (NYSE: UTX). Press reports suggest continued...
-
Viacom Should Take Core Business Private, Bernstein's Juenger Says
Monday, February 22, 2016 - 11:48am | 288Read More...Bernstein’s Todd Juenger maintained an Underperform rating on Viacom, Inc. (NASDAQ: VIAB), with a price target of $30. Following, the company’s quarterly results report, Juenger expects the estimates to be significantly revised down for 2016. “We believe regardless of the...
-
Potash Stocks Can Beat The Market If This Happens
Friday, February 19, 2016 - 10:36am | 248Read More...Bernstein’s Jonas Oxgaard maintained Outperform ratings for Potash Corporation of Saskatchewan (USA) (NYSE: POT) and Mosaic Co (NYSE: MOS), after the two companies reported their 4Q15 earnings. Analyst Jonas Oxgaard maintained a price target of $38 for Mosaic, while reducing the price...
-
Is Qualcomm Finally A Buy After 18 Months Of Negativity?
Tuesday, February 16, 2016 - 10:28am | 325Read More...On Tuesday, Bernstein issued a company note on QUALCOMM, Inc. (NASDAQ: QCOM) after the company's falling share price has caused analysts to believe there is a favorable risk/reward upside to owning the stock. Analysts at Bernstein upgraded Qualcomm from Market-Perform to Outperform and raised their...
-
TOTAL Shares Higher Following Bernstein Upgrade; Analyst Says Stock Is 'For All Seasons'
Tuesday, February 16, 2016 - 9:35am | 273Read More...Total SA (ADR) (NYSE: TOT) shares are down 11 percent since November 16. Shares climbed 5 percent on February 12. Bernstein’s Oswald Clint upgraded the rating for the company from Market Perform to Outperform, with a price target of €51. Total’s current stock valuation...
-
Bernstein Still Convicted In Mondelez, But Why?
Thursday, February 11, 2016 - 11:18am | 261Read More...Bernstein issued a note on Mondelez International Inc. (NASDAQ: MDLZ) after the company reported 4Q15 earnings and gave a mixed outlook with positive indications of margin expansion. The firms rates Mondelez at Outperform with a $52 price target. Analyst Alexia Howard wrote, "While it'...
-
Analysts Think SolarCity Investors Are Being Too Dramatic
Wednesday, February 10, 2016 - 12:36pm | 301Read More...SolarCity Corp (NASDAQ: SCTY) posted a lower-than-expected loss per share and an increase in revenue in a fourth-quarter report, but shareholders were disappointed in the company's guidance. The company announced a first-quarter guidance of $(2.55) to $(2.65), below Street expectations of $(2...
-
Bernstein On DowDuPont Merger Structure: You're Doing It All Wrong
Wednesday, February 10, 2016 - 11:48am | 456Read More...Dow Chemical Co (NYSE: DOW) and E L Du Pont De Nemours And Co (NYSE: DD) announced their intent to merge early December 2015, to much attention. The proposed entity would join the combined $130 billion market cap pair into one conglomerate, with assets to be split three ways: (1) an agriculture...
-
SolarCity Selloff Is 'Excessive,' Bernstein's Wynne Says
Wednesday, February 10, 2016 - 10:06am | 373Read More...SolarCity Corp (NASDAQ: SCTY) shares plummeted 32 percent in pre-market trading on February 10. Bernstein's Hugh Wynne maintained an Outperform rating for the company, with a price target of $62. While SolarCity’s Q4 results raise concerns, the aftermarket pullback appears...
-
Fox Analysts Warn: 'We Should Have Seen This Coming'
Tuesday, February 9, 2016 - 10:47am | 312Read More...Shares of Twenty-First Century Fox Inc (NASDAQ: FOXA) are trading close to their 52-week low, having lost 18 percent since November 9. Bernstein’s Todd Juenger maintained an Outperform rating for the company, with a price target of $35. Continued guide-downs by the company reduce...
-
Bernstein's Sacconaghi: Here's What Apple Investors Are Asking Us
Tuesday, February 9, 2016 - 9:31am | 371Read More...Apple Inc (NASDAQ: AAPL) shares have lost 22 percent in the last three months and are currently trading close to their 52-week low of $92. Bernstein’s Toni Sacconaghi maintained an Outperform rating for the company, with a price target of $135. Investors are showing a healthy...
-
Bernstein Warns Of 1980s-Style Sovereign Debt Crisis Amid Oil Market Slump
Thursday, February 4, 2016 - 10:37am | 360Read More...On Thursday, Bernstein Research issued a report regarding the fall in oil prices seen in recent months, saying that if prices remain low, a wave of sovereign defaults may be seen. Currently, WTI Crude Oil is trading at $32.28 a barrel, which has put pressure on governments such as Russia, Qatar...
