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The Bull Case For Nvidia: $300 Per Share?
Thursday, June 8, 2017 - 11:03am | 432Read More...NVIDIA Corporation (NASDAQ: NVDA) shares are up more than 700 percent over the past three years, but investors may have plenty of upside ahead. In fact, Nvidia stock may still double from here, according to Citigroup analyst Atif Malik. Plenty Of Upside Ahead? Nvidia is still in the early stages of...
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The Sentiment On Workday Could Not Be More Bullish
Friday, May 26, 2017 - 2:32pm | 318Read More...Human capital management software provider Workday Inc (NYSE: WDAY) sentiment could not be more bullish, according to Citigroup. It appears the firm is taking a contrarian view on the company however, reiterating a Sell rating. Bullish Sentiment Remains, But Citi Stays At Sell “Workday is...
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Puma Biotech 'Is The Real Deal,' Overcomes Controversy With Positive FDA Panel Vote
Thursday, May 25, 2017 - 11:21am | 375Read More...Puma Biotechnology Inc (NASDAQ: PBYI) investors got some major vindication Wednesday when the FDA’s Oncologic Drugs Advisory Committee voted 12–4 to recommend approval of neratinib for treatment of patients with early-stage HER2-positive breast cancer. Puma had plenty of doubters and...
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Citi Says Don't Buy Etsy Shares Here
Thursday, May 25, 2017 - 8:37am | 320Read More...Shares of Etsy Inc (NASDAQ: ETSY) hit an all-time low of $8.40 immediately following the company's earnings report in early May. But the stock quickly rebounded as investors become optimistic that an activist investor campaign and a new management slate could result in a potential sale of itself....
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AMD CEO Puts Rumors To Rest: 'We're Not Looking At Enabling A Competitor To Compete With Our Products'
Wednesday, May 24, 2017 - 9:44am | 486Read More...Rumors of a potential GPU licensing deal between Advanced Micro Devices, Inc. (NASDAQ: AMD) and Intel Corporation (NASDAQ: INTC) may finally be over. The rumored deal, which never really made sense from Intel’s perspective, was likely put to rest for good at the JPMorgan Tech Conference this...
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Section 232 Public Hearing Wednesday Is 'Unlikely To Affect Steel Equities'
Wednesday, May 24, 2017 - 9:26am | 354Read More...The Department of Commerce (DOC) is set to hold the Section 232 Hearing at 10 a.m. ET. The meeting, which was extended due to "unexpectedly high demand” from individuals wishing to speak, is unlikely to affect steel equities according to Alexander Hacking, an equities research analyst at...
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An Amazon/DISH Partnership Wouldn't Be That Crazy
Tuesday, May 23, 2017 - 9:33am | 486Read More...Amazon.com, Inc. (NASDAQ: AMZN) is reportedly in talks with DISH Network Corp (NASDAQ: DISH) to become a “foundational customer” for the satellite provider’s upcoming Internet of Things (IoT) network ━ so what’s the big deal? “The idea of Amazon partnering with DISH...
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Breaking Down The Reasons An Advanced Micro Devices Deal With Intel Not Likely To Happen
Monday, May 22, 2017 - 10:38am | 364Read More...Advance Micro Devices, Inc (NASDAQ: AMD) shares sold off by 12.1 percent last Wednesday after investors were disappointed the company didn’t announce a new GPU licensing deal with Intel Corporation (NASDAQ: INTC). Earlier in the week, IT news website Fudzilla had reported that Intel had...
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Here's What Saudi Arabia's Investment With Blackstone Means For The Stock
Monday, May 22, 2017 - 10:00am | 348Read More...Commenting on Saudi Arabia's investment in an infrastructure floated by Blackstone Group LP (NYSE: BX), Citi said in a note that the impressive infrastructure initiative alters the narrative. Accordingly, the firm upgraded shares of Blackstone. The News Blackstone announced on May 20 it has...
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Cisco's Sell-Side Roundup: The Good And Bad In Q3, And What's Next
Friday, May 19, 2017 - 7:46am | 739Read More...Cisco Systems, Inc. (NASDAQ: CSCO)'s fiscal third-quarter earnings report and fourth-quarter guidance was alarming enough for investors to send the stock lower by more than 7 percent Thursday. Here is a summary of what some of Wall Street's most notable analysts are saying after the report...
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OPEC Cuts Aren't Cutting It
Tuesday, May 16, 2017 - 4:18pm | 396Read More...The United States Oil Fund LP (ETF) (NYSE: USO) is up roughly 2 percent this week after Saudi Arabia energy minister Khalid al-Falih and Russia energy minister Alexander Novak said they would be on board with an OPEC plan to extend November’s crude oil production cuts by nine months. Muted...
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Citi Prefers These 4 Stocks Over Pfizer On Bottom-Line Concerns
Tuesday, May 16, 2017 - 11:15am | 371Read More...Shares of Pfizer Inc. (NYSE: PFE) were trading lower by nearly 2 percent Tuesday morning after analysts at Citi downgraded the stock and offered three alternative recommendations. Citi's Andrew Baum downgraded Pfizer's stock rating from Neutral to Sell with a price target slashed from $38 to $31....
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Citi Maintains Buy On Snap, Says Important Metrics Are On Track
Thursday, May 11, 2017 - 11:10am | 372Read More...Snap Inc (NYSE: SNAP) shares are down more than 21 percent following its first earnings report as a public company, but Citi analyst Mark May said the post-earnings sell-off is a buying opportunity for traders. According to May, traders are focusing too much on slowing daily active user growth and...
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Why Netflix Could Be A Top Prospect For Apple
Friday, May 5, 2017 - 11:47am | 408Read More...Every quarter, Apple Inc. (NASDAQ: AAPL)’s massive $256.8 billion cash hoard swells by a few billion dollars, and every quarter, analysts and experts give their opinions on what Apple should do with all that cash. This week, Citi analyst Jim Suva was the latest to give his two cents on Apple...
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Sunoco Boasts Best Deal Team In The Game; Citi Upgrades
Tuesday, April 25, 2017 - 9:16am | 447Read More...Borrowing a catchphrase from President Donald Trump, Faisel Khan of Citi upgraded shares of Sunoco LP (NYSE: SUN) from Sell to Neutral with a price target boosted from $22 to $29 due to the "art of the deal." Faisel referenced a deal Sunoco struck with the convenience store chain Seven-11 in which...
















