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Analyst: Amazon Echo Is A Very Big Deal
Wednesday, January 11, 2017 - 2:39pm | 275Read More...Ken Sena, a senior analyst at Evercore ISI, was a guest on "Bloomberg Surveillance" Wednesday to offer his take on how important Amazon.com, Inc.'s (NASDAQ: AMZN) Echo device is to the company's future. According to Sena, Amazon's intelligent personal assistant was one of...
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Disney In 2017: More Beauty Than Beast
Tuesday, January 3, 2017 - 2:21pm | 312Read More...Vijay Jayant of Evercore ISI upgraded shares of Walt Disney Co (NYSE: DIS) on Tuesday from Hold to Buy, with a price target boosted to $120 from a previous $103. In addition to an upgrade, Jayant stated in his note that he is now considering naming Disney a top pick for 2017, largely due to a...
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China Internet ETF Is A 2017 Rebound Story
Thursday, December 22, 2016 - 9:40am | 560Read More...Plenty of emerging markets have come under pressure since Donald Trump won the U.S. presidential election on November 8. That includes China, which is not surprising because China is the largest emerging economy and Trump has not shied away from rhetoric that implies his administration will not...
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Rich Ross Is Bullish On SPDR S&P Retail (ETF)
Friday, December 9, 2016 - 4:00pm | 138Read More...Rich Ross of Evercore ISI spoke on CNBC's "Trading Nation" about SPDR S&P Retail (ETF) (NYSE: XRT). He said consumer stocks have been lagging the market, but they have recently started a bullish break out to the upside. He analyzed a chart of SPDR S&P Retail (ETF) and concluded it could...
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After OPEC Production Cut, These Leveraged ETFs Still Merit Attention
Friday, December 2, 2016 - 11:44am | 532Read More...The Organization of Petroleum Exporting Countries (OPEC) delighted oil investors Wednesday when it announced it would cut output by 32.5 million barrels per day. Not surprisingly, many of the day's best-performing exchange-traded funds were energy plays. Leveraged Energy ETFs And The OPEC...
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How The Street Responded To AT&T's Mega-Deal For Time Warner
Monday, October 24, 2016 - 2:11pm | 398Read More...There are at least two things most analysts covering telecomms share in respect to AT&T Inc. (NYSE: T)'s move to buy Time Warner Inc (NYSE: TWX). The first is about the challenges in getting the regulatory approval given the experience of Comcast Corporation (NASDAQ: CMCSA)–NBC deal....
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Rich Ross Weighs In On Chevron, Caterpillar And McDonald's
Tuesday, October 18, 2016 - 6:31am | 183Read More...Speaking on CNBC's Fast Money, Rich Ross of Evercore ISI said that Chevron Corporation (NYSE: CVX) is going to hold above its 200-day moving average. He thinks that crude oil is going higher and that is going to take Chevron higher too. Caterpillar Inc. (NYSE: CAT) is the best performing...
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Rich Ross Is Bearish On SPDR S&P 500 ETF Trust
Thursday, October 13, 2016 - 5:14pm | 149Read More...On CNBC's Trading Nation, Rich Ross of Evercore ISI shared with the viewers his technical analysis for SPDR S&P 500 ETF Trust (NYSE: SPY). He spotted a head and shoulders pattern in the chart of SPDR S&P 500 ETF Trust and he explained that the stock is currently trading at its...
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3 Analysts Raised Their Amazon Price Targets To $1,000 Or Higher This Month
Wednesday, September 28, 2016 - 3:16pm | 433Read More...Analyst sentiments on Amazon.com, Inc. (NASDAQ: AMZN) have improved in the current month, as the third quarter is nearing its closure. One of the reasons for this is likely the monetization of a number of announcements made over the last several years, which can be seen from the number of analysts...
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Evercore Sees Light At The End Of The Tunnel For PCs, Upgrades Intel To Buy
Tuesday, September 6, 2016 - 9:41am | 336Read More...Intel Corporation (NASDAQ: INTC) has underperformed other Semiconductors year-to-date, on concerns regarding a slowdown in the company’s Server business and sustained PC weakness. Evercore’s C.J. Muse upgraded the rating on the company to Buy, while raising the price target from $38...
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Can Sears Survive? CEO Eddie Lampert Made A $300 Million Bet It Can
Friday, August 26, 2016 - 8:31am | 343Read More...Struggling retailer Sears Holdings Corp (NASDAQ: SHLD) received a new lifeline this week when its CEO and largest shareholder, Edward "Eddie" Lampert, provided a $300 million loan on Thursday. As noted by Bloomberg, "It's Eddie to the rescue once again at Sears" — because other capital raise...
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Twitter Losing Followers From Analysts Amid Competition From Snapchat
Thursday, August 18, 2016 - 11:24am | 426Read More...Twitter Inc (NYSE: TWTR)'s stock was trading lower by nearly 5 percent Thursday morning after the company was on the receiving end of two negative reports by Wall Street analysts. Evercore ISI: More Risk Than Reward, Downgrading To Sell According to a team of analysts at Evercore ISI, Twitter is...
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Evercore Upgrades Priceline To Buy Citing Scale Advantages And EU Penetration
Thursday, August 18, 2016 - 8:38am | 318Read More...With the growing importance of machine learning and artificial intelligence, the need for audience data platforms to deliver in terms of execution, innovation and differentiation would become mission critical, Evercore ISI’s Ken Sena said in a report. Analyst Sena upgraded the rating on...
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Twitter Is More Risk Than Reward Right Now; Evercore Downgrades Stock To Sell
Thursday, August 18, 2016 - 8:12am | 398Read More...Major social platforms are investment huge amounts of funds into data infrastructure and R&D. Twitter Inc (NYSE: TWTR) could face significant risks as competing social platforms hone their broadcasting capabilities, Evercore ISI’s Ken Sena said in a report. He downgraded the rating on...
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Mobileye, Intel And BMW? Evercore Talks Plausibility
Thursday, June 30, 2016 - 10:01am | 170Read More...On Wednesday, Mobileye NV (NYSE: MBLY), Intel Corporation (NASDAQ: INTC) and BMW announced a news conference to be held Friday. Evercore analysts maintain a Buy rating on Mobileye, with a price target of $60. The Deal “The media, citing anonymous sources, is reporting that the three companies...













