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Monsanto Won't Counter ChemChina's Bid For Syngenta, Bernstein Analyst Says
Thursday, February 4, 2016 - 10:14am | 423Read More...Syngenta AG (ADR) (NYSE: SYT) shares have appreciated 17.47 percent over the past three months, to a high of $80.23 on February 3. Bernstein’s Jeremy Redenius has maintained an Outperform rating on Syngenta, while raising the price target from $91.90 to $92.20. Syngenta announced...
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The 'Big Beats' Are Back For Facebook, Says Bernstein's Kirjner
Thursday, January 28, 2016 - 9:44am | 347Read More...The share price of Facebook Inc (NASDAQ: FB) has appreciated 21.35 percent over the past one year, although it has declined 10.06 percent over the last month. Bernstein’s Carlos Kirjner has maintained a Market Perform rating on the company, while raising the price target from $134 to $...
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Sacconaghi: Apple's Cash Flow Makes It 'Very, Very Discounted'
Wednesday, January 27, 2016 - 3:31pm | 252Read More...Apple Inc. (NASDAQ: AAPL) had the highest number of "Android switchers" ever in its December quarter, Bernstein analyst Toni Sacconaghi told CNBC on Wednesday afternoon. Sacconaghi kept his Outperform rating on the stock with a price target of $135 after the company missed revenue and...
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Alibaba GMV Growth, Margins And 2017 Potential Give Stock Upside, Analyst Says
Wednesday, January 27, 2016 - 10:43am | 352Read More...Alibaba Group Holding Ltd (NYSE: BABA) shares have been heading south for about a month, and are down 17 percent since December 28. Bernstein’s Carlos Kirjner maintained an Outperform rating for the company, with a price target of $110. Kirjner stated that the end of Alibaba’s...
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Apple Management's Tone 'Much More Cautious' Than Usual On Conference Call
Wednesday, January 27, 2016 - 10:20am | 365Read More...Apple Inc. (NASDAQ: AAPL) shares are down 7 percent since December 28. Bernstein’s A.M. (Toni) Sacconaghi, Jr. maintained an Outperform rating for the company, with a price target of $135. Apple repeatedly mentioned a tough macro backdrop and meaningful FX headwind during its call,...
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Global Auto Industry Profits Have Peaked, Bernstein Analyst Warns
Tuesday, January 26, 2016 - 2:01pm | 290Read More...In a new report, AB Bernstein analyst Max Warburton discusses the firm’s bearish thesis for the global automobile industry in coming years. Warburton believes that the booming auto sales numbers in 2015 represent the peak of the current cycle. Global auto sales reached a record-high 87...
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Amazon A Better Bet This Year Than Facebook Or Google, Bernstein Predicts
Tuesday, January 26, 2016 - 12:01pm | 530Read More...Shares of Facebook Inc (NASDAQ: FB), Alphabet Inc (NASDAQ: GOOG) and Amazon.com, Inc. (NASDAQ: AMZN) have been under pressure over the past month. Bernstein’s Carlos Kirjner maintained Outperform ratings for Alphabet and Amazon and a Market Perform rating for Facebook. Kirjner...
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Does Johnson Controls-Tyco Combo Make Sense? Analysts React
Tuesday, January 26, 2016 - 11:16am | 403Read More...Johnson Controls Inc (NYSE: JCI) and Tyco International plc (Ireland) Ordinary Shares (NYSE: TYC) recently agreed to merge in a $14 billion dollar deal with Johnson Controls owning 56 percent of the new company. The deal is expected to provide significant tax benefits to shareholders and is being...
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Check Out Bernstein's Massive Mondelez Bull Thesis
Tuesday, January 26, 2016 - 10:51am | 313Read More...The share price of Mondelez International Inc (NASDAQ: MDLZ) has declined 13.6 percent over the past three months, to $40.20 on January 25. Bernstein’s Alexia Howard has maintained an Outperform rating on the company, with a price target of $58. Howard believes that there are...
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Netflix's Ratings On The Street May Be Mixed, But Consensus Sentiment Remains Positive Long Term
Thursday, January 21, 2016 - 11:05am | 1134Read More...Netflix, Inc. (NASDAQ: NFLX) updated its first-quarter earnings guidance on Tuesday. The company announced an EPS guidance of $0.03 for the period. The company's Q4 earnings declined compared to its fourth-quarter earnings results last year. Netflix has indicated its earnings fell to $29.74 million...
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Bernstein On Why Tyco Shares Are A Buy
Thursday, January 21, 2016 - 9:32am | 333Read More...Tyco International plc (Ireland) Ordinary Share (NYSE: TYC) shares are down 30 percent in the last one year, and are trading near their 52-week low of $29.94. Bernstein’s Steven E. Winoker maintained an Outperform rating for the company, with a price target of $41. Tyco’s...
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Bernstein Slashes Tiffany Price Target From $101 To $83, Remains Confident In Long-Term Brand Potential
Thursday, January 21, 2016 - 9:22am | 320Read More...Tiffany & Co. (NYSE: TIF) shares have declined 34.26 percent over the past six months, falling to a low of $61.80 on Wednesday. Bernstein’s Anne-Charlotte Windal has maintained an Outperform rating on the company, while lowering the price target from $101 to $83. Despite the...
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CSX Shares Recovering Following Q4 Results; Analysts React
Thursday, January 14, 2016 - 2:50pm | 581Read More...CSX Corporation (NASDAQ: CSX) shares are recovering on Thursday following Q4 results. The company fell to its lowest price in nearly three years, with the demand for rail cargo expected to fall this year. Here is how analysts are currently reacting. Macquarie: Neutral Rating, PT Of $24 Macquarie...
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Bernstein Downgrades Ubiquiti: Here's Why
Thursday, January 14, 2016 - 11:43am | 246Read More...The share price of Ubiquiti Networks Inc (NASDAQ: UBNT) has declined 22.68 percent in the last three months, dropping down to $26.58 in morning trade on Thursday. Bernstein’s Pierre Ferragu has downgraded the rating on the company from Outperform to Market Perform, while lowering the...
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SolarCity Exploring Sale Of PowerCo Leases And PPAs To 'Fund' Growth, Bernstein Analyst Says
Thursday, January 14, 2016 - 10:38am | 333Read More...SolarCity Corp (NASDAQ: SCTY) shares have lost 20 percent since July 14. Bernstein’s Hugh Wynne maintained an Outperform rating for the company, with a price target of $62. Although the company’s current financial position is sound, new sources of funds need to be identified...
