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The Good And Bad Of A Trump Presidency For Deere
Wednesday, November 16, 2016 - 11:08am | 351Read More...Sentiment among the agricultural dealers seems to be more positive than expected, Citi’s Timothy Thein said in a report. He added that although the potential implications of President-elect Donald Trump’s victor appear mixed for the agricultural sector, Deere & Company (NYSE: DE)...
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Oxford Industries And Gildan Activewear: Citi Suggests A Pair Trade
Tuesday, November 15, 2016 - 10:59am | 327Read More...Both Oxford Industries Inc (NYSE: OXM) and Gildan Activewear Inc (USA) (NYSE: GIL) are small-/mid-cap apparel manufacturers, with more than 90 percent of sales generated in North America. There is, however, “relative upside opportunity” for Oxford Industries versus Gildan Activewear...
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Citi Concerned With Forex Impact Ahead Of Salesforce's Q3 Results
Monday, November 14, 2016 - 12:54pm | 252Read More...While salesforce.com, inc’s (NYSE: CRM) fundamental setup appears “favorable” for Q3, currency pressures have continued to intensify, Citi’s Walter Pritchard said in a report. He maintained a Buy rating on the company, with a price target of $89. Pritchard expects...
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Specialty Retail/Department Stores Get 'A Trump Bump'; 4 Stocks Upgraded To Buy
Monday, November 14, 2016 - 12:18pm | 554Read More...In a note released Monday, Citi said it is turning more bullish on the specialty retail and department store universe following Donald Trump's election victory. The firm's logic? The likelihood of tax reform provides a bump that many of the retailers in its universe needed, as consumers may be...
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Risk Confirmed: Ultragenyx Shares Downgraded To Sell By Citi
Monday, November 14, 2016 - 10:37am | 277Read More...Citi’s Yigal Nochomovitz believes the “opportunity set” for Ultragenyx Pharmaceutical Inc (NASDAQ: RARE)'s pipeline is fully valued in the mid-$60s. Nochomovitz downgraded the rating on the company from Neutral to Sell, while lowering the price target from $66 to $64. MAA...
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Citi Downgrades SeaWorld Entertainment Following 20% Rally
Monday, November 14, 2016 - 9:54am | 258Read More...Citi has downgraded SeaWorld Entertainment Inc (NYSE: SEAS) to Neutral from Buy, as it finds the risk-reward less compelling after the stock’s 20 percent recent rally after the company revealed better-than-expected attendance and improved synergy targets for 2017 and 2018 while announcing its...
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Here's Every Rating And Price Target On Disney Ahead Of Q3 Earnings
Thursday, November 10, 2016 - 4:29pm | 346Read More...Media and entertainment company Walt Disney Co (NYSE: DIS) is due to release its fiscal year fourth-quarter results after the market close. Analysts, on average, expect the company to report earnings of $1.16 per share, down from $1.20 per share last year, on revenues of $13.52 billion, almost...
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7 Binary Trades For The End Of 2016
Tuesday, November 8, 2016 - 11:38am | 631Read More...Long-term investors know the key to success in the stock market is choosing the right stocks and remaining patient. However, some traders prefer more excitement. Here is a look at seven stocks and ETFs that could see major instant upside before the end of the year. 1. Opthotech Corp (NASDAQ: OPHT)...
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How Renewable Energy Stocks Would Fare Under A Trump Administration
Monday, November 7, 2016 - 6:16pm | 732Read More...Citi expects 10 percent upside in shares of independent power producers (IPPs) if Donald Trump wins the presidential election. This implies a Trump presidency would be a negative for renewable energy stocks, at least in the near term. A Trump Presidency Tina Fordham, Citi's political strategist...
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Why Coherus Biosciences 15% Dip Provides An Opportunity To Buy
Monday, November 7, 2016 - 4:03pm | 187Read More...Shares of Coherus Biosciences Inc (NASDAQ: CHRS) were trading down more than 15 percent on Monday following news that the Patent Trials and Appeals Board didn't institute their Intellectual Property Rights (IPR) '166 over Abbvie’s Humira. Amid the price action, Citi analyst Mohit...
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Here Are All LendingClub's Ratings And Price Target Changes Ahead Of Q3 Earnings
Sunday, November 6, 2016 - 8:04pm | 310Read More...LendingClub Corp (NYSE: LC) is set to report its third-quarter earnings Monday. Wall Street expects the online lending firm to report a loss of $0.07 a share versus a profit of $0.04 a share in the same quarter last year. In addition, the Street predicts revenue to fall 11.2 percent to $103.31...
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Analysts Continue To Press 'Like' On Facebook
Friday, November 4, 2016 - 9:21am | 322Read More...A day after Facebook Inc (NASDAQ: FB) delivered strong third-quarter results and offered a soft outlook for the year 2017, different brokerages have come out with their opinions. However, there is not much change in the analysts’ perception, who continued to press the “like”...
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The Street Turns Its Back On Fitbit
Thursday, November 3, 2016 - 3:14pm | 330Read More...After Fitbit Inc (NYSE: FIT)'s not-so-disappointing Q3 report but lowered guidance for Q4 and beyond, the market reacted. Shares were trading down nearly 30 percent mid-day Thursday with little or no bounce back after hitting $9 per share. Morgan Stanley Research: Downgraded to Equal Weight...
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Citi Downgrades Fitbit: A 'Not So Happy Holidays'
Thursday, November 3, 2016 - 8:25am | 368Read More...Fitbit Inc (NYSE: FIT) witnessed a sequential decline in new user take rates in Q3. This suggests slowing unit growth, and recovery seems likely to be “pushed out to the 2017 holiday season,” Citi’s Stanley Kovler said in a report. He downgraded the rating on the company from...
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Facebook Continued To Deliver Growth
Thursday, November 3, 2016 - 7:59am | 251Read More...Facebook Inc (NASDAQ: FB) reported robust results for Q3 2016, although earnings decline 10 percent above expectations. Citi’s Mark May maintained a Buy rating on the company, while raising the price target from $158 to $162. Continued Growth Facebook reported its Q3 revenues at $7...














