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Wall Street Reacts To Twitter's Mixed Quarter: Positioning For 2021?
Friday, May 1, 2020 - 1:10pm | 681Read More...Twitter Inc (NYSE: TWTR) shares were down 5% on Friday after the company reported an earning beat in the first quarter but failed to reassure investors that its advertising business has stabilized in the current quarter. Twitter reported first-quarter earnings per share of 11 cents on $808 million...
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Amazon Analysts React To Q1 Earnings: Stock Sell-Off Is Short-Sighted
Friday, May 1, 2020 - 11:55am | 1036Read More...Amazon.com, Inc. (NASDAQ: AMZN) shares traded lower by more than 7% on Friday after the company missed first-quarter earnings estimates and said it plans to spend $4 billion in the second quarter combatting the coronavirus (COVID-19). Amazon reported first-quarter EPS of $5.01, short of consensus...
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Wall Street Weighs In On Facebook's Big Quarter: Innovation Accelerates Amid Pandemic
Thursday, April 30, 2020 - 11:33am | 837Read More...Facebook, Inc. (NASDAQ: FB) shares jumped 5.9% on Thursday after the company reported that ad revenue has stabilized following a steep drop in March. On Wednesday afternoon, Facebook reported first-quarter revenue of $17.74 billion, up 18% from a year ago. The social media giant also reported 2.99...
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7 Starbucks Analysts On How The Coffee Giant Is Weathering A Pandemic
Wednesday, April 29, 2020 - 3:29pm | 1160Read More...Global coffee chain Starbucks Corporation (NASDAQ: SBUX) reported second-quarter results Tuesday that were notable for the disruption to its business from the coronavirus pandemic. Here's how the Street reacted. The Starbucks Analysts Oppenheimer analyst Brian Bittner maintained...
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WWE Could Still Have A Record Year In 2020
Friday, April 10, 2020 - 12:00pm | 491Read More...World Wrestling Entertainment, Inc. (NYSE: WWE) has had a brutal 2020 up to this point, but at least one analyst said Thursday the company could still have a record year. The WWE Analyst MKM Partners analyst Eric Handler reiterated his Buy rating for WWE, but cut his price target from $58 to $48....
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Wendy's Charts Could Hint At McDonald's Future, Technician Says
Thursday, April 9, 2020 - 2:51pm | 429Read More...Investors who want to own a fast food stock need to have "the stomach" to continue tolerating major volatility going forward, MKM Partners chief market technician JC O'Hara said on CNBC's "Trading Nation." 'Positive Read-Through' From Wendy's One...
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MKM Says Bankruptcy Possible For AMC Entertainment As Movie Theaters Sit Empty
Thursday, April 9, 2020 - 12:48pm | 426Read More...With theaters likely to remain closed until August as a result of the coronavirus pandemic, the fate of National CineMedia, Inc. (NASDAQ: NCMI) and AMC Entertainment Holdings Inc (NYSE: AMC) will depend on their liquidity profile, according to MKM Partners. National CineMedia: Shaken But Still...
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MKM Has 'More Comfort' In Pizza Chains, Upgrades Papa John's
Wednesday, April 1, 2020 - 12:55pm | 405Read More...Pizza delivery chains are "better positioned" compared to other restaurant chains to navigate through the coronavirus pandemic, including Papa John's Int'l, Inc./ (NASDAQ: PZZA), according to MKM Partners. The Papa John's Analyst Brett Levy upgraded Papa John's from...
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Wall Street Weighs Starbucks Coronavirus Guidance Update: 'A Little Good, A Little Bad'
Friday, March 6, 2020 - 3:54pm | 867Read More...Starbucks Corporation (NASDAQ: SBUX) provided its investors with an update on its business Thursday in the wake of the global coronavirus outbreak, and the picture wasn’t pretty. Starbucks said it is expecting a 50% drop in China revenue in the first quarter due to the outbreak. Temporary...
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5 Reasons To Buy Snapchat's Stock After 30% Decline
Thursday, March 5, 2020 - 10:46am | 372Read More...Shares of Snap Inc (NYSE: SNAP) have fallen 30% since the end of January and investors should be buyers of the dip, according to MKM Partners. The Snap Analyst Rohit Kulkarni upgraded Snapchat's stock from Neutral to Buy with an unchanged $19 price target. The Snap Thesis Snap's stock...
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Why This Chesapeake Energy Analyst Has A Zero Price Target
Friday, February 28, 2020 - 1:01pm | 371Read More...Chesapeake Energy Corporation (NYSE: CHK) stock peaked in the middle of the Great Recession, with shares pressing $67. In the last decade, the Street has pulled back on the stock and let its value dwindle to nickels and dimes. One analyst said Friday that even that valuation is too generous. The...
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What The Street Thinks About Shake Shack's Q4 Print, Stock Drop
Tuesday, February 25, 2020 - 3:13pm | 826Read More...Shake Shack Inc (NYSE: SHAK) reported fourth-quarter results that fell short of expectations. Management acknowledged it suffered from a "significant slowdown" in its growth business, which contributed to the stock's sell-off. Shake Shack reported quarterly earnings of 6 cents per...
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Starbucks Is A Long-Term Play Facing Near-Term Uncertainty, MKM Says
Thursday, February 13, 2020 - 4:00pm | 450Read More...Starbucks Corporation (NASDAQ: SBUX) could face a tumultuous near-term, weighed down by the COVID-19 outbreak in China, but the coffee retailer is well positioned in the long term, according to an MKM Partners analyst. The Starbucks Analyst Brett Levy initiated coverage of Starbucks with...
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MKM Downgrades Take-Two On Valuation
Friday, January 24, 2020 - 3:36pm | 300Read More...It's not completely clear what might be coming this year and when from game makers Take-Two Interactive Software, Inc (NASDAQ: TTWO), MKM Partners said in a Friday note. The Analyst MKM's Eric Handler downgraded Take-Two from Buy to Neutral and lowered the target price from $142 to $133....
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Sell-Side Remains Cautions On Slack Following Q3 Earnings Beat
Thursday, December 5, 2019 - 11:00am | 655Read More...Slack Technologies Inc (NYSE: WORK) reported third-quarter revenue and earnings beats on Wednesday. Slack also guided for fourth-quarter revenue of between $172 million and $174 million, slightly above consensus analyst expectations of $172.4 million. However, Slack also guided for a fourth-quarter...
















