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Cracker Barrel Shares Fall After Earnings; Here's What A Couple Of Analysts Think Now
Wednesday, February 24, 2016 - 4:12pm | 380Read More...Shares of Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) fell as much as 3 percent Wednesday after SunTrust downgraded the stock to Neutral from Buy on lower same-store sales forecast and declining market share gains. Cracker Barrel lowered its implied fiscal 2016 same-store sales...
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What Does The Street Think Of Fitbit Now?
Tuesday, February 23, 2016 - 6:23pm | 596Read More...Shares of Fitbit Inc (NYSE: FIT) have plunged more than 20 percent after the wearable device maker issued a weak outlook for the first quarter despite reporting better-than-expected earnings for the fourth quarter. Following the weak forecast, the stock faced a slew of downgrades from various...
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Fitbit Shares Plunge On Weak Outlook; Bob Peck Stills See Long-Term Opportunity
Tuesday, February 23, 2016 - 10:44am | 557Read More...Shares of Fitbit Inc (NYSE: FIT) plunged more than 13 percent Tuesday after the wearable device maker issued a weak outlook for the first quarter despite reporting better-than-expected results for the fourth quarter. Following the weak forecast, the stock faced a slew of downgrades from Stifel...
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Thromboembolic Risks Linger For Zafgen's Beloranib, Says SunTrust
Friday, February 19, 2016 - 5:05pm | 262Read More...SunTrust said it hasn't changed its benefit-risk profile for Zafgen Inc (NASDAQ: ZFGN)'s beloranib, citing that thromboembolic risks linger on the obesity drug that showed statistically and clinically significant improvements in body weight and glycemic control in a mid-stage trial. Related Link:...
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Cerner's First Bookings Miss Since '08 Has Analysts Mixed
Thursday, February 18, 2016 - 9:47am | 452Read More...The market punished healthcare information technology supplier Cerner Corporation (NASDAQ: CERN) Wednesday after the company reported a fourth-quarter bookings miss in a quarterly report issued at market close Tuesday. The company missed a bookings benchmark with $1.35 billion, falling short of its...
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Argus Sees Friendly Waters In China For Royal Caribbean
Wednesday, February 17, 2016 - 10:12am | 328Read More...Despite a 16-point share price crash two weeks ago after the company fell short on fourth-quarter revenue, Argus is bullish on Royal Caribbean Cruises Ltd (NYSE: RCL). Argus analyst John Staszak said the cruise line is “on track” to double its 2014 earnings and make a return on its...
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Wall Street Tears Up First Data, But Analysts Confident In 2016 Outlook
Wednesday, February 10, 2016 - 2:43pm | 461Read More...The Street smashed First Data Corp (NYSE: FDC) on Wednesday after the payment processor released disappointing fourth-quarter results. The company posted fourth-quarter revenues of $2.96 billion, short of analyst's $2.98 billion figure. However, earnings beat expectations at $0.32 over...
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SunTrust: LendingTree's 2016 Guidance Is Conservative
Friday, January 15, 2016 - 4:27pm | 338Read More...Lendingtree Inc (NASDAQ: TREE) shares have been lower over the past two months based on concerns, in SunTrust's view, that have developed an "attractive buying opportunity" for the patient trader. At this point in Friday's trading, shares of LendingTree have jumped 8.47 percent since Wednesday's...
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What Wall Street Thinks Of Lululemon Now
Tuesday, January 12, 2016 - 6:35pm | 415Read More...Wall Street believes Lululemon Athletica inc. (NASDAQ: LULU) may be headed for a breakout, after the company raised its Q4 revenue and EPS guidance following a strong holiday selling period. Lululemon forecasted earnings in a range of $0.78-$0.80 per share, up from its previous range of $0.75-$...
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Analysts At Odds With Market Over Fitbit
Wednesday, January 6, 2016 - 3:47pm | 367Read More...With the company set to release its Q4 earnings on February 1, Fitbit Inc (NYSE: FIT) shares have plummeted since the launch of its new Blaze product. Clearly, the market is punishing Fitbit’s stock, but you wouldn’t know it by reading what analysts have to say. Here’s how several...
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GameStop Estimates Cut To $45.00 By SunTrust; 'Battlefront' May Deliver Holiday Pressure
Thursday, December 10, 2015 - 2:52pm | 362Read More...GameStop Corp. (NYSE: GME) had its price target dropped by analysts at SunTrust from $50.00 to $45.00 on Thursday. SunTrust wrote in a research note issued to investors that the firm currently has a Buy rating on the stock. SunTrust's price target is an indicator of a potential upside of 38.72...
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SunTrust's Peck Reviews Zillow's Q3 Results
Wednesday, November 4, 2015 - 9:50am | 335Read More...Zillow Group, Inc. (NASDAQ: ZG) shares have slipped from $34.89 on October 9 to $30.99 on November 3, after rising from below $23 in August. SunTrust Robinson Humphrey’s Robert S. Peck maintained a Buy ratong on the company, with a price target of $33. While the company beat...
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SunTrust Initiates Quick Service, Fast Casual Restaurant Names
Thursday, October 8, 2015 - 12:07pm | 556Read More...SunTrust has initiated coverage on nine restaurant stocks in the quick service and fast casual space. Here’s a summary of what analyst Jake Bartlett had to say. McDonald’s Corporation (NYSE: MCD) The firm initiates McDonald’s at Buy with a price target of $117. Bartlett...
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SunTrust Initiates Chipotle With Buy Rating, $850 Target
Thursday, October 8, 2015 - 9:03am | 317Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) shares have gained 5 percent year-to-date, and have been range-bound between $700 and $750 since the last week of August. SunTrust’s Jake Bartlett initiated coverage of the company with a Buy rating and a price target of $850. Mentioning that...
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How The IRS Holds The Keys To Yahoo's Stock Price
Wednesday, August 19, 2015 - 10:34am | 487Read More...With the IRS apparently still studying the details of a potential spin-off of Yahoo! Inc. (NASDAQ: YHOO)’s stake in Alibaba Group Holding Ltd (NYSE: BABA), SunTrust analyst Bob Peck released a new report explaining the four possible scenarios that Yahoo shareholders are likely to see based...












