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Stifel Upgrades FedEx On Accelerating US Parcel Market
Thursday, September 24, 2020 - 2:35pm | 244Read More...FedEx Corporation (NYSE: FDX) has exhibited strength amid the pandemic and could continue benefiting from the growing U.S. parcel market due to an acceleration of e-commerce trends, according to Stifel. The FedEx Analyst: David Ross upgraded FedEx from Hold to Buy, while raising the price target...
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Why Stifel Is Positive On Semiconductor Equipment Makers Lam Research, KLA
Monday, September 21, 2020 - 2:27pm | 602Read More...The recent pullback in the shares of semiconductor equipment makers has rendered their valuations attractive, according to a Stifel analyst. The Semi Capital Equipment Analyst: Patrick Ho upgraded shares of Lam Research Corporation (NASDAQ: LRCX) from Hold to Buy with a $352 price target...
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Barstool Sportsbook Optimism Powers Penn National To 52-Week High
Thursday, September 17, 2020 - 3:00pm | 694Read More...Shares of Penn National Gaming (NASDAQ: PENN) hit new 52-week highs Thursday ahead of the company's Sept. 18 launch of the Barstool Sportsbook in Pennsylvania. What Happened: Optimism for Penn National Gaming and its partial ownership and partnership in Barstool Sports continues to...
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Oracle Analysts On The Sidelines After Q1 Beat: BofA Awaits Sustained Revenue Acceleration
Friday, September 11, 2020 - 6:20pm | 567Read More...Oracle Corporation (NYSE: ORCL) reported better-than-expected first-quarter results and guided above consensus estimates for the second quarter. Here's what the Street has to say. The Oracle Analysts: Stifel analyst Brad Reback maintained a Hold rating on Oracle and increased the...
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7 Peloton Analysts On The Q4 Report: 'A Bona Fide Growth Company'
Friday, September 11, 2020 - 1:18pm | 795Read More...Peloton Interactive Inc (NASDAQ: PTON) analysts raised their price targets after the at-home exercise company issued its fourth-quarter report and guidance for fiscal year 2021. The Peloton Analysts: MKM Partners analyst Rohit Kulkarni maintained a Neutral rating on Peloton and raised...
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Stifel Says Starbucks Will 'Grind Higher' To $90 Per Share
Tuesday, August 25, 2020 - 11:47am | 382Read More...Starbucks Corporation (NASDAQ: SBUX) remains one of the more "disrupted" restaurants but management deserves credit for implementing quick and aggressive steps to better position itself, according to Stifel. The Starbucks Analyst: Chris O'Cull upgraded Starbucks from Hold to Buy...
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8 Lyft Analysts React To Q2 Earnings, California Risks
Thursday, August 13, 2020 - 5:02pm | 1186Read More...Ride-hailing company Lyft Inc (NASDAQ: LYFT) reported second-quarter results that immediately sent shares trading higher. But the stock reversed course and dipped into negative territory as the company acknowledged it may need to pause its operations in California. The Analysts CFRA analyst...
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The Street Weighs eBay's Q2 Earnings, Guidance: What's Next For E-Commerce?
Thursday, July 30, 2020 - 2:14pm | 838Read More...Shares of eBay Inc (NASDAQ: EBAY) opened lower Wednesday despite the auction site reporting a top-and-bottom-line beat in its second quarter. Here's how some of the Street's top analysts reacted to the print. The Analysts: Stifel analyst Scott Devitt maintained a Buy rating on eBay...
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Starbucks Analysts Stick To Sidelines After Q3 Print, Break Down COVID-19 Impact On Coffee Chain
Wednesday, July 29, 2020 - 12:43pm | 915Read More...Starbucks Corporation's (NASDAQ: SBUX) third-quarter report quantified the impact of the COVID-19 pandemic on the coffee chain. Starbucks said Tuesday that its fiscal third quarter revenue was down 38% year-over-year to $4.2 billion, and the company posted a net loss of $678.4 million...
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Stifel Upgrades Aphria: 'Fundamental Performance Will Drive A Re-Rating'
Monday, July 13, 2020 - 3:00pm | 434Read More...Aphria Inc (NASDAQ: APHA) shares traded higher by 15% on Monday after the stock got a big upgrade. The Aphria Analyst: Stifel analyst W. Andrew Carter upgraded Aphria from Hold to Buy and raised his price target from CA$5.40 ($3.99) to CA$8 ($5.91). The Aphria Thesis: Carter said the market is...
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Wall Street Weighs In On Lululemon's Mirror Acquisition
Tuesday, June 30, 2020 - 3:30pm | 687Read More...Lululemon Athletica Inc (NASDAQ: LULU) shares gained 5.5% on Tuesday after the company announced a $500 million buyout of in-home fitness company Mirror. Mirror is Lululemon’s first major acquisition, and the deal is expected to close in the second half of the year. New Way To Connect Bank of...
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Why Stifel Says Inseego Is A 5G Leader
Thursday, June 25, 2020 - 4:21pm | 427Read More...Inseego Corp. (NASDAQ: INSG) is an early leader in 5G connectivity solutions and boasts a first-to-market advantage in 5G solutions like 5G MiFI, FWA, and IoT, according to Stifel. The Inseego Analyst: John Marchetti initiated coverage of Inseego with a Buy rating and $13 price target. The...
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Nike Analysts On Muted Q4 Expectations: 'The Most Significant Impact From COVID-19'
Friday, June 19, 2020 - 1:22pm | 640Read More...With the COVID-19 pandemic clouding the outlook, consumer discretionary stocks such as Nike Inc (NYSE: NKE) face an uncertian future. Nike is scheduled to release its fourth-quarter results Thursday, June 27 after the close. The Nike Analysts: Baird analyst Jonathan Komp maintained a Neutral...
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Amarin Analysts Say Vascepa Patent Settlement Not A Stock Mover, With 'Little Readthrough For Pending Patent Appeal'
Wednesday, June 17, 2020 - 11:52am | 715Read More...Amarin Corporation plc (NASDAQ: AMRN) announced late Tuesday a settlement agreement with Apotex for resolving a patent lawsuit regarding a generic version of Amarin's drug Vascepa. The Amarin Analysts: Cantor Fitzgerald analyst Louise Chen reaffirmed an Overweight rating and $35 price...
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Wall Street Cautious On Oracle: 'Investors Likely Have To See The Growth Before Believing It'
Wednesday, June 17, 2020 - 11:33am | 738Read More...Oracle Corporation (NYSE: ORCL) shares were trading lower Wednesday after the company reported a larger-than-expected revenue decline in the fiscal fourth quarter but issued current-quarter guidance that exceeded expectations. Oracle reported fourth-quarter adjusted earnings per share of $1.20,...
















