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Evercore ISI Initiates E. W. Scripps At Hold
Monday, June 22, 2015 - 7:12am | 66Read More...Evercore ISI initiated coverage on E. W. Scripps Co (NYSE: SSP) with a Hold rating. The target price for E W Scripps is set to $25. E. W. Scripps shares have jumped 47.60 percent over the past 52 weeks, while the S&P 500 index has gained 7.51 percent in the same period. E W Scripps shares...
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Rite Aid: What Are The Experts Saying Ahead Of Earnings?
Monday, June 15, 2015 - 4:32pm | 388Read More...Shares of Rite Aid Corporation (NYSE: RAD) have surged more than 17.6 percent in the past three months, as the stock has recently made a push make new all-time highs. With the company set to release earnings on Thursday, is now the time for traders to be taking profits in the drug store, or is...
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Evercore Analyst Pours Cold Water On Diageo-Anheuser Busch Rumor
Monday, June 8, 2015 - 11:39am | 397Read More...Diageo plc (ADR) (NYSE: DEO) is unlikely to be acquired by Anheuser Busch Inbev SA (ADR) (NYSE: BUD), an analyst said Monday. The rumor regarding London-based Diageo gained currency Friday in an unsourced story on Veja, an influential Brazilian media outlet. The report, which said Brazilian...
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Evercore ISI's Technical Outlook On Apple: 'Another $20-$26 Upside To $156 On The Stock'
Friday, June 5, 2015 - 3:01pm | 362Read More...Apple Inc. (NASDAQ: AAPL)’s stock has been in a sideways trading range for more than four months now, even though there were many catalysts and announcements so far in 2015 that could have pushed the stock higher. However, instead of seeing the stock’s inability to break the trading...
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Pair Trade? Evercore Just Downgraded Twitter, But Upped Facebook Estimates
Thursday, June 4, 2015 - 7:44am | 409Read More...In a report published Wednesday, Evercore ISI analyst Ken Sena mentioned the competitive convergence between Twitter Inc (NYSE: TWTR) and Facebook Inc (NASDAQ: FB) around content delivery and traffic referral. "What we conclude is that Facebook has developed perhaps the richest mobile news reading...
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Analysts Aren't Sure Why Groupon Stock Is Down
Tuesday, June 2, 2015 - 5:06pm | 201Read More...Groupon Inc (NASDAQ: GRPN) traded down nearly 4 percent on Tuesday on no apparent catalyst. In a series of interviews, analysts at Janney Montgomery Scott, B. Riley & Co, Sterne Agee CRT, Ascendiant Capital and Evercore ISI said they struggled to attribute a specific reason behind the stock...
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Evercore ISI Downgrades Yahoo, Says It's 'Reexamining' Alibaba SpinCo Tax Efficiency
Wednesday, May 27, 2015 - 7:05am | 238Read More...In a report published Wednesday, Evercore ISI analysts downgraded the rating on Yahoo! Inc. (NASDAQ: YHOO) from Buy to Hold, while reducing the price target from $55 to $48, ahead of the spinoff of Alibaba Group Holding Ltd (NYSE: BABA). Remarks by an IRS official last week has raised questions...
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3 Cybersecurity Stocks Evercore Just Initiated On
Wednesday, May 20, 2015 - 12:35pm | 695Read More...In separate reports published Tuesday, Evercore ISI analyst Matthew Williams initiated coverage on three cybersecurity stocks: Check Point Software Technologies Ltd. (NASDAQ: CHKP), FireEye Inc (NASDAQ: FEYE) and Palo Alto Networks Inc (NYSE: PANW). Check Point: Great Business, Threat Of...
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Evercore Reviews Global Auto Marketplace
Wednesday, May 13, 2015 - 7:20am | 331Read More...In a new report, analysts at Evercore ISI looked at global auto suppliers and initiated coverage on several stocks in the space. Analysts also describe the crossroads at which the industry currently finds itself. Crossroads Analysts believe that the auto industry is currently being forced to...
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Cord-Cutting Increased In Q1
Tuesday, May 12, 2015 - 4:07pm | 325Read More...Pay-TV cord-cutting accelerated for the first time in the first quarter of 2015, according to a report in USA Today. The report cited data from research firm Moffett-Nathanson, which indicated the industry lost 31,000 subscribers in the first three months of the year. While the losses may not...
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Salesforce Approached By Potential Acquirer? Here Are What Analysts Previously Said
Wednesday, April 29, 2015 - 3:47pm | 470Read More...Shares of salesforce.com, inc. (NYSE: CRM) spiked to new 52-week highs of $78.46 on Wednesday after reports surfaced the company was approached by a potential buyer. Chatter of a Salesforce acquisition has surfaced in the past with names such as Oracle Corporation (NYSE: ORCL) or International...
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The 22 Top-Ranked Apple Analysts
Monday, April 27, 2015 - 3:13pm | 305Read More...TipRanks provided the top 22 analysts for Apple Inc. (NASDAQ: AAPL) based on a ranking of four or more stars. Based on TipRanks criteria, below are the top analysts along with their latest ratings and price targets for Apple. The list descends according to analyst action with the most recent...
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Evercore ISI Casts Doubt On Rumored Salesforce Acquisition By Oracle
Thursday, April 23, 2015 - 1:09pm | 207Read More...An acquisition of Salesforce.com, Inc. (NYSE: CRM) by Oracle Corporation (NYSE: ORCL) is an old and extremely unlikely rumor, an analyst told Benzinga Thursday. The unsourced rumor surfaced most recently via a StockTwits comment by the anonymous "Open Outcrier." But Evercore ISI's Kirk Materne told...
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With Bristol-Myers Trial Stopped Early, 'What's Next?'
Friday, April 17, 2015 - 11:23am | 179Read More...Bristol-Myers Squibb Co (NYSE: BMY) announced on Fridady that its Opdivo trial was stopped early after superior results. Mark Schoenebaum at Evercore ISI said that expectations "were high going into the interim analysis," but the announcement removes any risk, however small. With the...
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Analyst Cuts Estimates on Priceline, TripAdvisor Ahead Of Q1
Monday, April 6, 2015 - 6:37pm | 214Read More...In a report published Monday, Evercore ISI analysts maintained a Hold rating on The Priceline Group Inc. (NASDAQ: PCLN) and TripAdvisor Inc. (NASDAQ: TRIP), while reducing their estimates ahead of the first quarter. They mentioned, however, that both the companies appeared "well positioned to claim...
