Jefferies

Six Flags Entertainment Corp (NYSE: SIX) provided details of its strategies to revamp its business model and announced an aspirational EBITDA, according to Jefferies. The Six Flags Entertainment Analyst: David Katz upgraded Six Flags Entertainment from Hold to Buy and raised the price...

Off-price retailer Burlington Stores Inc (NYSE: BURL) is the smallest and least profitable company in the category yet it warrants a premium stock valuation versus the group, according to Jefferies. The Analyst: Janine Stichter initiated coverage of Burlington's stock with a Buy rating and $225...

Chipotle Mexican Grill, Inc. (NYSE: CMG) reported third-quarter results highlighted by a strong 14.1% sales growth but soaring demand for delivery is impacting profits. Chipotle reported quarterly earnings of $3.76 per share, which beat the analyst consensus estimate of $3.40 by 10.6%. The...

Analysts are reacting to the third-quarter earnings report from Tesla Inc (NASDAQ: TSLA) — and the electric automaker holding the line on its goal of 500,000 deliveries for the full fiscal year. Tesla Analysts On Profits: One of the highlights for analysts was Tesla’s record third-...

Netflix Inc (NASDAQ: NFLX) shares are a bit off from their 2020 high of $575.37, although the stock is still up almost 70% year to date. The recent lukewarm performance has come amid concerns about competition and slowing subscriber growth. Investors are keyed-in to the streaming giant...

GameStop Corp (NYSE: GME) announced a new multi-year partnership with Microsoft Corporation (NASDAQ: MSFT). What Happened: The deal will include GameStop using back-end and in-store solutions from Microsoft to help with finance, inventory, e-commerce, retail and point-of-sale. The partnership will...

Cannabis stocks Tilray Inc. (NASDAQ: TLRY) and Aurora Cannabis Inc. (NYSE: ACB) traded lower on Monday amid a broad market sell-off. One Wall Street analyst upgraded the two stocks and said they may finally be priced at a level that accurately reflects their true value. The Analyst: On Monday,...

Scientific Games Corp (NASDAQ: SGMS) has recently gone through a change in ownership and leadership, which offers prospects for value creation not seen in the last two decades, according to Jefferies. The Scientific Games Analyst: David Katz upgraded Scientific Games from Hold to Buy, while...

NVIDIA Corporation (NASDAQ: NVDA) announced a definitive agreement to acquire ARM for $40 billion in a cash and stock deal. The company expects the deal, which is still subject to regulatory approvals, to close in 18 months. The acquisition is likely to be “slightly accretive” in the...

Gilead Sciences, Inc. (NASDAQ: GILD) announced over the weekend a deal to buy Immunomedics, Inc. (NASDAQ: IMMU), which recently transitioned to a commercial-stage biopharma following FDA approval of its antibody-drug conjugate Trodelvy as a third-line treatment for metastatic triple-negative...

GameStop Corp (NYSE: GME) caught a sell-side upgrade Monday morning after reporting second-quarter earnings last week. The GameStop Analyst: Jefferies analyst Stephanie Wissink upgraded GameStop shares from Hold to Buy and raised the price target from $7 to $8. The GameStop Takeaways: “...

Automaker Tesla Inc’s (NASDAQ: TSLA) competitive edge continues to diversify and grow in other dimensions, like brand leverage, software, battery capacity and industrial efficiency, according to Jefferies. The Tesla Analyst: Philippe Houchois maintained a Buy rating on Tesla and raised...

Advanced Micro Devices, Inc. (NASDAQ: AMD) has been a high-flying stock in recent years, and there is more upside ahead, according to an analyst at Jefferies. The AMD Analyst: Mark Lipacis has a Buy rating and $95 price target for AMD shares, with the bull-case scenario suggesting a price target...