-
Baird: What Rite Aid's Renewed Deal With Distributor McKesson Means For Both Companies
Thursday, December 20, 2018 - 12:32pm | 405Read More...Retail pharmacy chain Rite Aid Corporation (NYSE: RAD) announced a renewal of its contract Wednesday with pharmaceutical distributor McKesson Corporation (NYSE: MCK) through 2029. What Happened McKesson will continue sourcing and offering Rite Aid delivery of branded and generic drugs...
-
Lululemon Shares Are Getting Flexed, But Analysts Are Still Bullish
Friday, December 7, 2018 - 3:26pm | 601Read More...Lululemon Athletica inc. (NASDAQ: LULU) delivered yet another impressive earnings report Thursday, but shares are getting pummeled. The Canadian-based athletic apparel brand delivered third-quarter adjusted earnings of 75 cents per share, beating estimates by 5 cents. Sales came in at $748 million...
-
Should Investors Buy The Dip In Ulta Beauty? The Street Debates
Friday, December 7, 2018 - 2:20pm | 592Read More...Retailer Ulta Beauty Inc (NASDAQ: ULTA) reported an earnings beat in its third-quarter results, while sales fell inline with expectations but management's outlook for the holiday quarter fell short of the Street's estimates. Here is a summary of how some of the Street's top analysts...
-
Dick's Sporting Goods Reports Mixed Q3: An Analyst Roundup
Friday, November 30, 2018 - 5:20pm | 722Read More...Dicks Sporting Goods Inc (NYSE: DKS) reported mixed third-quarter results Wednesday and analysts had plenty to say about it. JPMorgan JPMorgan analyst Christopher Horvers said Dick’s risk-reward is turning more balanced — and after a 47-percent gain in shares over the past...
-
Baird's Takeaways From Amazon's AWS re:Invent
Thursday, November 29, 2018 - 5:36pm | 416Read More...Amazon.com, Inc. (NASDAQ: AMZN)'s AWS re:Invent conference shows the company's "rapid pace of innovation" and reinforces its leadership position in the cloud, according to Baird. The Analyst Baird's Colin Sebastian maintains an Outperform rating on Amazon with an...
-
Jack In The Box Surges On Sale Rumor
Thursday, November 29, 2018 - 5:10pm | 391Read More...California-based fast food company, Jack in the Box Inc. (NASDAQ: JACK) has become an exclusive West Coast attraction, but may soon face significant alterations considering a new report from Reuters. What Happened Jack in the Box is exploring the possibility of selling the company, according to...
-
Canada Goose Heats Up After Q2 Sales Beat: A Sell-Side Roundup
Thursday, November 15, 2018 - 5:17pm | 685Read More...Canada Goose Holdings Inc (NYSE: GOOS) posted a big second-quarter sales beat Wednesday, and shares of the Canadian apparel company are now up over 100 percent year-to-date. BofA: 'Plenty Of Room To Grow' Bank of America analyst Robert Ohmes reiterated a Buy rating on Canada...
-
Sell-Side Analysts: Take-Two Is Not Playing Games
Thursday, November 8, 2018 - 12:26pm | 682Read More...Take-Two Interactive Software, Inc. (NASDAQ: TTWO) released second-quarter earnings Wednesday that came in above expectations, driven by consumer spending and the increasing popularity of gaming. The Analysts KeyBanc Capital Markets analyst Evan Wingren maintained an Overweight rating...
-
Analysts Say The Market Is Getting Caterpillar Earnings Wrong
Wednesday, October 24, 2018 - 1:51pm | 414Read More...Caterpillar Inc. (NYSE: CAT) dropped another 3 percent Wednesday after the company released its Q3 earnings report Tuesday morning. Wall Street analysts, however, remain bullish on Caterpillar in the near term and see the sell-off as a buying opportunity for investors. Here’s a sampling of...
-
The Street's Reaction To Lockheed Martin's Q3 Earnings
Wednesday, October 24, 2018 - 1:10pm | 654Read More...Global security and aerospace company Lockheed Martin Corporation (NYSE: LMT) reported Tuesday its third-quarter results, highlighted by a top-and-bottom-line beat and an upward revised guidance. Here's a summary of how some of the Street's top analysts reacted to the print. The Analysts...
-
Sell-Side Reacts To EnLink Midstream's Proposed MLP Buyout
Tuesday, October 23, 2018 - 3:06pm | 746Read More...EnLink Midstream LLC (NYSE: ENLC) announced Monday ahead of the market open an agreement for buying all outstanding common units of EnLink Midstream Partners LP (NYSE: ENLK) in a bid to simplify its corporate structure. The Analysts The sell-side was broadly optimistic on the announcement....
-
RBC, Baird React To Jury Ruling In Jeld-Wen Antitrust Litigation
Monday, October 8, 2018 - 2:50pm | 539Read More...Window and door manufacturer Jeld-Wen Holding Inc (NYSE: JELD) was on the losing end of a lawsuit last week. A U.S. District Court jury in the Eastern District of Virginia ruled that Jeld-Wen must sell its Towanda, Pennsylvania doorskin plant in order to restore competition in the...
-
Baird Downgrades AMD: 'Expectations And Valuation Are High'
Monday, October 1, 2018 - 11:00am | 454Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) shares have jumped over 200 percent year-to-date, and a sell-side analyst said Monday that much of the good news is already priced into the shares. The Analyst Baird analyst Tristan Gerra downgraded AMD from Outperform to Neutral and raised the...
-
Nike To Report Q1 Results After Kaepernick Ad Launch: A Sell-Side Preview
Monday, September 24, 2018 - 11:42am | 818Read More...All eyes are on Nike Inc (NYSE: NKE) sales heading into its first-quarter earnings report Wednesday, Sept. 25, the first since the company launched its "Just Do It" campaign featuring Colin Kaepernick. Here's what analysts are saying ahead of the print. Baird Stays...
-
Baird Turns Positive On Machinery Stocks, Upgrades Caterpillar, Manitowoc, Sun Hydraulics
Friday, September 21, 2018 - 2:00pm | 635Read More...Machinery stocks have meaningfully lagged behind the diversified industrial stocks as well as the overall market, rendering an attractive risk-reward proposition, according to Baird. The Analyst Analyst Mircea Dobre upgraded shares of machinery stocks Caterpillar Inc. (NYSE: CAT),...
















