Nomura

Netflix, Inc. (NASDAQ: NFLX) is continuing to increase its budget on content with figures expected to hit $6 billion in 2017. Despite the increase in spending by Netflix, the company's content library has actually shrunk 40 percent over the past four years — from 9,000 to 5,100 titles. Now...

Nomura’s Romit Shah believes “semiconductor fundamentals are healthy or improving across several areas, including analog, SSDs, DRAM, and capital equipment.” Shah upgraded the rating on Micron Technology, Inc. (NASDAQ: MU) from Reduce to Buy, while raising the price target...

Nomura’s Jessica Schoen Mace believes Home Depot Inc (NYSE: HD)'s competitive advantages, market share gains, robust underlying market and strong management position the company for growth and offer downside protection to the stock. Schoen Mace upgraded the rating on Home Depot from Neutral...

Nomura has downgraded McDonald's Corporation (NYSE: MCD) to Neutral from Buy amid slowing comps and said its Buy-rated Yum! Brands, Inc. (NYSE: YUM) is its top large-cap restaurant stock pick. "Our downgrade is predicated on multiple factors, including slowing U.S. restaurant industry...

Nomura analyst Romit Sha has upgraded Broadcom Ltd (NASDAQ: AVGO) shares to buy rating with the price target increased to $200 from $190. The analysts met with the company's CEO, Hock Tan, and expressed his comments on the stock. The analyst stated, "Contrary to reports (Nikkei, Digitimes) of a...

Shares of Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA) soared 11 percent and touched a new 52-week high after reporting better-than-expected first-quarter results and raised its full-year outlook. Quarterly Results The company earned $1.45 per share on $1.07 billion in revenue....

Nomura has called Ciena Corporation (NYSE: CIEN) a contrarian play, as the company has disappointed for three straight quarters despite gaining share in a healthy optical market. "Ciena's uneven execution, even if positive over the long term, leaves it a contrarian play," analyst Jeffrey Kvaal...

Discount retailer Costco Wholesale Corporation (NASDAQ: COST) is set to report strong numbers when it announces its third-quarter results after the bell on May 25. Nomura analyst Robert Drbul sees sales to increase 3.9 percent to $26.5 billion, including a 1.0 percent rise in total comps, while the...

Nomura expects above-consensus earnings from Tiffany & Co. (NYSE: TIF) when the jewelry maker reports its first-quarter results on May 25. Q1 Expectations Nomura sees first quarter EPS of $0.70, $0.02 above consensus and expects worldwide comps in the quarter to decline 5 percent (CC),...

Nomura's Jeffrey Kvall reiterated Apple Inc. (NASDAQ: AAPL)'s Buy rating with a $120 price target, despite the company's growing cannibalization concerns. "The New iPhone launch has proven more robust than we expected," but cannibalization was a big factor in this, said Kvall. "We consider this a...

Nomura maintained its Buy rating and $115 target price on Walt Disney Co (NYSE: DIS) despite the company reporting a rare miss in its quarterly earnings. Disney's second-quarter EPS came in at 1.36 versus consensus estimates of $1.40 per share. Despite delivering double-digit growth in...

Goldman Sachs decided Friday night was a good time to tell the world how bearish it is ahead of the Q1 2016 earnings season. In lieu of comments read from the perch of the Benzinga Pro news desk, we determined it would be of value to all our readers for us to highlight some of the recent...