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Tesla's Stock Approaches JMP's $1,500 Price Target
Tuesday, July 7, 2020 - 11:30am | 358Read More...On Monday, JPM Securities increased their price target for Tesla Inc (NASDAQ: TSLA) to $1,500. The stock ended up closing at a record high over $1,370. At time of publication Tuesday morning, the stock was up another 3% to $1,413 a share. Why It's Important: Joseph Osha of JPM Securities...
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This Expedia Analyst Is Buying The Dip
Sunday, April 26, 2020 - 6:35pm | 328Read More...Shares of Expedia Group Inc (NASDAQ: EXPE) gained more than 5% Friday after the online travel agency executed a series of corporate moves, including raising new capital. The stock saw an upgrade by JMP Securities from Market Perform to Market Outperform with a $92 price target on the expectation...
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Facebook Quick Reaction: Buy The Dip?
Thursday, January 30, 2020 - 10:07am | 387Read More...Shares of Facebook, Inc. (NASDAQ: FB) were lower by more than 6% Thursday morning and Wall Street pros are offering different takes if investors should buy the post-earnings dip. JMP: Take A Step Back In Facebook's fourth-quarter earnings report, the company's full-year 2019 costs and...
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3 Analyst Reactions To Atlassian's Q2 Outperformance
Friday, January 24, 2020 - 12:16pm | 483Read More...Atlassian Corporation PLC (NASDAQ: TEAM) exceeded expectations with second-quarter revenue growth of 37%, billings growth of 39%, operating margins of 30.7%, and earnings per share of 37 cents. The company failed to meet its growth targets for expenses and headcount, but these outcomes were largely...
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Snap Analyst Projects 37% Revenue Growth In 2020
Friday, December 13, 2019 - 12:35pm | 373Read More...Social media company Snap Inc (NYSE: SNAP) is more "stable" today than it was a year ago, according to JMP Securities. and investors should be buyers of the stock, according to JMP. The Analyst Ronald Josey upgraded Snap from Market Perform to Market Outperform with a new $20 price target...
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Wall Street Analysts Love Schwab's Pursuit Of TD Ameritrade
Thursday, November 21, 2019 - 11:35am | 690Read More...TD Ameritrade Holding Corp. (NASDAQ: AMTD) shares jumped 24% on Thursday and Charles Schwab Corporation (NYSE: SCHW) shares gained 11% on reports that a merger between the two online brokers could be imminent. Fox Business reported Schwab wants to buy TD Ameritrade for $26 billion. A combination of...
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'Wait For A Better Entry Point': Datadog Analysts Initiate Coverage Following IPO
Monday, October 14, 2019 - 1:30pm | 535Read More...Datadog Inc (NASDAQ: DDOG) shares got off to a hot start on the public market following the company’s IPO in September. After pricing its IPO at $27 per share, Datadog jumped nearly 50% on its first day of trading and has held onto most of those gains in the stock’s first month of...
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Mixed Reaction As Investors Dump James River Group Stock After Cancellation Of Uber Insurance Policies
Wednesday, October 9, 2019 - 4:20pm | 550Read More...James River Group Holdings, Ltd. (NASDAQ: JRVR) stock plummeted on Wednesday, dropping more than 20%, after the company said it is canceling all insurance policies with its largest customer, a subsidiary of Uber Technologies Inc (NYSE: UBER). The decision led one sell-side firm to downgrade the...
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Analysts Like Lennar Q3 Print, Say Homebuilder Well Positioned For Growth
Thursday, October 3, 2019 - 2:33pm | 431Read More...Sell-side analysts remained bullish on Lennar Corporation (NYSE: LEN) after the homebuilder beat estimates in the third quarter, and sent signals that homebuyers aren't yet worried about a downturn. Lennar reported diluted third-quarter earnings of $1.59 per share, beating the consensus...
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Tesla Analysts: While Short Of Expectations, Q3 Delivery Number Is Pretty Good
Thursday, October 3, 2019 - 11:29am | 653Read More...Tesla Inc. (NASDAQ: TSLA) overpromised rather than underperformed, sell-side analysts said after its Wednesday deliveries announcement, with several noting the company continues to deliver more vehicles each quarter and is largely keeping its growth story on track. The electric carmaker came...
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Analysts Still Bullish On Adobe Despite Bookings Miss
Wednesday, September 18, 2019 - 11:41am | 603Read More...Shares of Adobe Inc (NASDAQ: ADBE) continued to fall on Wednesday after missing expectations on subscription bookings and lowering guidance for its Digital Experience business. Several sell-side analysts kept Buy recommendations on the stock, saying those negatives masked continued Accounting Rate...
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CrowdStrike Wows Analysts With Execution: 'Difficult Not To Be Impressed'
Friday, September 6, 2019 - 2:01pm | 642Read More...Shares of Crowdstrike Holdings Inc (NASDAQ: CRWD) were slipping Friday, giving back some of the strong gains they've notched since their June IPO. The weakness has come despite the cybersecurity company's beat-and-raise second-quarter report Thursday. The Analysts JMP...
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The Street Mostly Agrees: Zoom Media Crushed Q2, But Some Have Valuation Concerns
Friday, September 6, 2019 - 12:48pm | 732Read More...The video-first, unified communications platform company Zoom Video Communications Inc (NASDAQ: ZM) reported second-quarter results Thursday that were highlighted by revenue that nearly doubled year-over-year and a surprise profit. Here's how the Street reacted. JMP: Much To...
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'A Massive Green Field Growth Opportunity': Wall Street Weighs In On DocuSign
Friday, September 6, 2019 - 11:21am | 623Read More...Docusign Inc (NASDAQ: DOCU) shares soared 20% on Friday after the company reported second-quarter earnings and blew third-quarter guidance expectations out of the water. DocuSign missed second-quarter EPS estimates but beat on revenue. Friday’s big move was likely in response to the company...
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A Step In The Right Direction: Cloudera Rallies After Impressive Q2 Earnings
Thursday, September 5, 2019 - 1:37pm | 522Read More...Cloudera Inc (NYSE: CLDR) shares rallied more than 14% on Thursday after the company reported better-than-expected second-quarter numbers, including a 2 cent EPS loss and $196.7 million in revenue. Wall Street analysts expected a 10-cent EPS loss and $182 million in revenue. Looking ahead,...
















