MKM

MKM analysts acknowledged being late to recommend L Brands Inc (NYSE: LB) stock as a prior headwind has now eased. The L Brands Analyst: Roxanne Meyer upgraded L Brands from Neutral to Buy with a price target lifted from $22 to $40. The L Brands Thesis: MKM's prior neutral-stance on...

Like rival Lyft Inc (NASDAQ: LYFT), Uber Technologies Inc (NYSE: UBER) reported mixed first-quarter earnings with a big bottom-line miss and significant top-line beat. But by and large, analysts offered glass-half-full interpretations. The Details Morgan Stanley celebrated 20% rides bookings growth...

Lyft Inc (NASDAQ: LYFT)’s stock plunged Wednesday on news of job cuts and opex reductions, but the company seemed to redeem itself with a first-quarter sales beat after the close. Lyft’s $955.71 million in sales exceeded estimates of $897.86 million, even as a bottom-line loss of $...

Peloton Interactive Inc (NASDAQ: PTON) recorded mixed first-quarter results with its 20-cent loss just shy of 18-cent loss forecasts and its $524.6 million sales exceeding estimates of $485.4 million. “Notably, PTON was able to beat expectations despite pausing advertising spend,”...

Lululemon Athletica Inc (NASDAQ: LULU) shares are trading down sharply despite the retailer's third-quarter earnings and sales beat on Wednesday. Here's what Wall Street analysts have to say. Piper Jaffray: Lululemon Loyalty Program Shows Promise Analyst Erinn Murphy...

Papa John's Int'l, Inc. (NASDAQ: PZZA) reported encouraging third-quarter results and a management reshuffle. The Analysts MKM analyst Brett Levy downgraded Papa John's from Buy to Neutral with a price target lowered from $60 to $55. Stifel analyst Chris O'Cull maintains at Buy,...

Social media users have plenty to type about these days, but not every platform is buzzing. MKM Partners is on the fence about the near-term prospects of three socials in particular. The Ratings MKM Executive Director Rohit Kulkarni initiated coverage on the following stocks: Snap Inc (NYSE: SNAP...

Lululemon Athletica inc. (NASDAQ:LULU) reported a strong first-quarter earnings beat on Wednesday, continuing its stretch as one of the hottest companies in a struggling retail environment. Wall Street had plenty to say about lululemon's continued outperformance. Lululemon shares traded up 1.9...

We are into the homestretch of 2016, and the markets have seen strong upside this year, benefiting from the domestic economy's resilience and the election of Donald Trump. With just four sessions to go, the Dow Jones Industrial Average has been a up a solid 14.4 percent, the S&P 500 has risen...

Splunk Inc (NASDAQ: SPLK) delivered a much needed earnings beat on Tuesday that sent shares soaring as much as 10 percent shortly following the release. While Splunk has still held up post-earnings, sell-side sentiment has poured in. Barclays: Solid Q3, But Cloud Impact Visible “Revenue...

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....

Analyzing the September sales results of soft-line retailers, MKM Partners said it believes better margins likely drove performance in the third quarter. The firm believes that the industry is largely in good shape based on Gap Inc (NYSE: GPS)'s September showing and its weekly checks. Reduced...

Shares of Alibaba Group Holding Ltd (NYSE: BABA) have been on fire recently, up 7 percent in the last two trading sessions. Sentiment surrounding the Chinese e-commerce giant is overwhelmingly bullish, with analysts seeing several opportunities for growth in the future. UBS and Stifel both raised...

MKM's Rob Swanson commented on Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s earnings outlook days before the company is expected to report on July 28. After further analysis, the analyst reiterated Alphabet's Buy rating with a $930.00 price target. Swanson believes Street expectations are "...

Amazon.com, Inc. (NASDAQ: AMZN)’s share price has surged to new all-time highs in anticipation of this year’s Prime Day, which kicked off on Tuesday morning. But will the numbers from this year’s mega-sale actually move Amazon’s stock higher, or should traders sell now and...