CLSA

CLSA does not believe CBOE Holdings, Inc (NASDAQ: CBOE) acquiring Bats Global Markets Inc (BATS: BATS) for $32.50 a share would fit strategically, although the acquisition makes sense. Therefore, the firm has an Underperform rating and a price target of $68 on the company's stock. While pointing...

With the seemingly lackluster release of Apple Inc. (NASDAQ: AAPL)'s iPhone 7 on September 13 and the negative commentary surrounding the lack of a 3.5mm headphone jack, many investors were unsure how the tech giant’s latest release and the retail sales following it would impact the stock...

With the S&P 500 making new all-time highs again this year, it’s getting increasingly difficult for value investors to find cheap stocks. However, CLSA analyst Vasily Karasyov believes he has found a great value buy in Walt Disney Co (NYSE: DIS). In a new note, Karasyov points out...

CLSA maintained its Outperform rating on Philip Morris International Inc. (NYSE: PM) on long-term opportunity with its iQOS heat-not-burn platform, while Marlboro kreteks should help boost share, revenue and margin mix in Indonesia. PMI launched Marlboro Filter Black in Indonesia this month,...

In a research note published Wednesday, CLSA raised the ratings of online brokerages, premising the actions on different factors for different firms. The price target changes are as follows: Charles Schwab Corp (NYSE: SCHW): $34 from $31. TD Ameritrade Holding Corp. (NASDAQ: AMTD): $37 from $34. E...

A day after General Mills, Inc. (NYSE: GIS) reported its earnings beat for the first quarter, at least four brokerages have come out with their comment. Significantly, all of them have reiterated their ratings. However, only one brokerage, UBS, reduced its price target (from $71 to $67) on the...

Yogurt sales trends continue to weigh on General Mills, Inc. (NYSE: GIS). With no near-term revenue drivers on the horizon, CLSA analyst Michael Lavery remains bearish on General Mills stock. According to Lavery, General Mills has set the bar fairly low with its fiscal 2017 guidance of -2 percent...

CLSA lowered its estimates for Steel Dynamics, Inc. (NASDAQ: STLD) while also reducing its price target on the shares of the company. The reason behind the move is the company's recent negative pre-announcement. Margin Growth Vs. Lower Shipments Analyst Xiao Feng noted that third-quarter earnings...

The rise of Snapchat could be bad news for social media stocks, but some should be more scared than others. According to CLSA analyst James Lee, Twitter Inc (NYSE: TWTR) could be the biggest victim of Snapchat’s success. CLSA recently conducted an investor conference call with an advertising...

The $2.6 billion acquisition of Avnet, Inc. (NYSE: AVT)'s technology solutions business earns an upgrade for Tech Data Corp (NASDAQ: TECD) from CLSA to Buy from Underperform. The deal, which will give Tech Data a business generating $9 billion in revenue and $300 million operating profit, is...

Despite the recent runup in the stock, CLSA’s Jon Oh believes Las Vegas Sands Corp. (NYSE: LVS) is the “best long-term vehicle.” He maintained an Outperform rating on the company, while raising the price target from $50 to $58. The Impressive Parisian Following a visit to...