Citi

Citi’s Robyn Karnauskas believes Five Prime Therapeutics Inc (NASDAQ: FPRX) has a trifecta of factors in its favor, including its “hot” immunoncology (I/O) target, a solid partner in Bristol-Myers Squibb Co (NYSE: BMY) and strong platform technology. Karnauskas initiated...

Analyzing Under Armour Inc's (NYSE: UA) third quarter results, Citi said investor reaction would be mixed, as positive sentiment from the earnings beat and the unchanged guidance for 2016 is likely to be offset by the disappointing gross profit margins and the management's fiscal year...

Signs of maturity in the fintech boom are surfacing. Regulators now speak of sandboxes and national charters for fintech companies, and some of the young guns on the scene are starting to add more features to their products. Now, a large fintech lender is getting recognition for the quality of its...

A day after Microsoft Corporation (NASDAQ: MSFT) delivered a broad-based earnings and revenue beat for the September quarter, at least two brokerages have upgraded the stock. However, there are analysts who are not ready to change their opinion and reiterated their ratings. On October 20, the...

Investors are going long fear and short hope. According to a new report by Citi Research analyst Robert Buckland, money has been pouring out of stocks and into bonds in 2016. Heading into the last few weeks of the year, bond funds have seen their largest annual inflows since 2012. Incredibly, this...

Shares of Microsoft Corporation (NASDAQ: MSFT) climbed about 6 percent in the pre-market hours Friday after PC strength and less fall off in on-prem Office led to better-than-expected quarterly results. However, Citi retained its Sell rating. As such, the firm prefers Oracle Corporation (NYSE:...

Citi’s Corinna Van der Ghinst believes the lack of visibility into Skechers USA Inc (NYSE: SKX)'s top line over the next 12 months could lead to further volatility in the stock over the next year, “while keeping valuation in a depressed range until the company returns to a more...

Citi’s Alicia Yap expects Baidu Inc (ADR) (NASDAQ: BIDU) to report its Q3:16 results either in line with expectations or slightly below the consensus forecasts when the company announces its results on October 27. Yap maintains a Neutral rating on the company with a price target of $196....

Reynolds American, Inc. (NYSE: RAI) shares dropped more than 3 percent following the company’s Q3 earnings report. However, Citi analyst Adam Spielman believes Reynolds’ underlying business is actually performing really well and sees the earnings sell-off as a buying opportunity....

Xilinx, Inc. (NASDAQ: XLNX) reported better-than-anticipated CQ3:16 results on October 19 while issuing robust guidance. Citi’s Christopher Danely maintains a Neutral rating on the company with a price target of $49. Robust Results For CQ3:16, Xilinx reported revenue of $579.2 million, above...

Shares of eBay Inc (NASDAQ: EBAY) fell 8 percent in Thursday’s pre-market after the company reported a soft Marketplace GMV and active buyer growth for the third quarter and disappointing fourth-quarter guidance amid heightened expectations. Total GMV grew 5.5 percent, though U.S. Marketplace...

Philip Morris International Inc. (NYSE: PM)'s third-quarter results provided little news for investors, as the story of the tobacco giant has remained fairly unchanged. Philip Morris' third-quarter results beat consensus EPS estimates by two cents, despite lower volumes. Operating income beat...

Citi’s Christopher Danely believes the risk/reward on Intel Corporation (NASDAQ: INTC) is “not good,” given that margins and business conditions seemed to have, and expressed concern regarding high inventory. Danely maintained a Neutral rating on the company, while lowering...