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Art Peck Is Out As Gap's CEO: Here's What Analysts Are Saying
Friday, November 8, 2019 - 5:09pm | 674Read More...Gap Inc (NYSE: GPS) investors were dealt multiple blows as the company announced the resignation of CEO Art Peck along with a disappointing third-quarter and full-year guidance update. The Analysts MKM Partners Roxanne Meyer maintains a Neutral rating on Gap's stock with a fair value estimate...
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Investors Give WWE's Stock An RKO, But These Analysts Aren't Tapping Out
Friday, November 1, 2019 - 4:05pm | 546Read More...World Wrestling Entertainment, Inc. (NYSE: WWE) reported third-quarter results with weakness across the board. Shares fell more than 15%, but analysts aren't tapping out of the stock yet. The Analysts Morgan Stanley analyst Benjamin Swinburne maintains an Overweight rating on WWE's stock...
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Big Changes Ahead For Molson Coors In Fast-Changing Beer Industry
Friday, November 1, 2019 - 1:55pm | 797Read More...Will this be a silver bullet? Molson Coors Brewing Co (NYSE: TAP) is making major changes in a revitalization plan that will move its headquarters from Denver to Chicago, cut hundreds of jobs and work to speed up how quickly it brings new products to market. What It Means New products are the...
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Arista Hit Hard On Q4 Sales Warning: Is Facebook To Blame?
Friday, November 1, 2019 - 12:31pm | 858Read More...Arista Networks Inc (NYSE: ANET) shares were plunging to a two-year low after the maker of data center switches issued a downbeat fourth-quarter outlook Thursday. The Analysts MKM Partners analyst Michael Genovese maintained a Neutral rating on Arista and lowered the fair value estimate...
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EA's Strong Quarter Overshadowed By 'Battlefield' Pushout
Wednesday, October 30, 2019 - 11:10am | 486Read More...Electronic Arts Inc. (NASDAQ: EA) turned in an unexpectedly strong second quarter with revenue and earnings beating expectations. But analysts' enthusiasm was limited by the company's unexpected decision to push the next title in its "Battlefield" franchise out a year to 2022,...
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Leading The Way? Analysts Not Yet Ready To Buy Mattel Despite Earnings Beat, Stock Surge
Wednesday, October 30, 2019 - 9:02am | 748Read More...The post-Toys-R-Us toy market is thriving. Mattel Inc (NASDAQ: MAT) surged Wednesday after outperforming Street estimates in its third-quarter earnings report. The Earnings With help from Barbie and Hot Wheels, Mattel beat consensus estimates on sales, cost savings and earnings before interest, tax...
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Chart Pro On Beyond Meat: Next Support Level At $85
Monday, October 28, 2019 - 11:10am | 401Read More...Beyond Meat Inc (NASDAQ: BYND)'s stock peaked at $239.71 and is now flirting with the $100 level — and one pro is projecting even more downside to the $85 level. What Happened Beyond Meat stock was once higher by more than 800%, but two upcoming events have some investors...
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Peloton Falls As Analyst Post-IPO Quiet Period Ends
Monday, October 21, 2019 - 12:12pm | 863Read More...Exercise equipment maker Peloton Interactive Inc (NASDAQ: PTON) traded below its IPO price in late September. On Monday, multiple analysts released their first thoughts on the company's stock. The Analysts MKM Partners analyst Rohit Kulkarni initiated coverage at Neutral, $24 fair value...
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Analysts Remain Bullish On WWE, Cheer Early Ratings For 'Smackdown' On Fox
Friday, October 18, 2019 - 9:35am | 528Read More...World Wrestling Entertainment, Inc. (NYSE: WWE) shares are down 26.95% in the past six months as the stock’s TV renewal catalysts have faded and new competition has emerged. However, with the company’s third-quarter earnings report less than a week away, analysts remain bullish on WWE...
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Lyft, Uber Regulatory Hurdles Keep This Analyst On The Sidelines For Now
Thursday, October 3, 2019 - 1:09pm | 430Read More...MKM Partners started coverage of the two rideshare giants, Uber Technologies Inc. (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) with Neutral ratings, citing regulatory uncertainty in the still developing industry. MKM's Rohit Kulkarni initiated coverage of Uber a price target of $32 and started its...
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'Generally Positive': The Street Reacts To Domino's Garage Open House
Monday, September 9, 2019 - 3:42pm | 685Read More...Pizza chain Domino's Pizza, Inc. (NYSE: DPZ) invited multiple Street analysts to its "innovation garage" to showcase its technology and innovation initiatives. Morgan Stanley: 4 Takeaways Morgan Stanley analyst John Glass had four takeaways from the event: Management is...
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Analysts Cheer Lululemon's Impressive Growth, Innovation Is Still Key
Friday, September 6, 2019 - 12:30pm | 438Read More...Lululemon Athletica Inc. (NASDAQ: LULU) shares traded higher on Friday after the company knocked it out of the park with its second-quarter earnings report. Lululemon reported earnings and revenue above analyst forecasts and said same-store sales growth was up 15% last quarter, beating consensus...
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Analysts Still Bullish On Slack Despite Earnings Sell-Off
Thursday, September 5, 2019 - 11:19am | 646Read More...Slack Technologies Inc (NYSE: WORK) shares tumbled 14% on Thursday morning after the company’s first quarterly earnings report since its direct listing in June disappointed the market. On Wednesday afternoon, Slack guided for revenue growth to slow significantly in coming quarters. Despite...
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MKM: Bloomin' Brands Optimism May Increase With This Activist Investor Taking A Stake
Tuesday, September 3, 2019 - 12:16pm | 395Read More...A filing by Jana Partners LLC on Friday afternoon indicated that the activist investor had taken a stake in Bloomin' Brands Inc (NASDAQ: BLMN). While Bloomin' Brands is still in the early stages of addressing operational, strategic and competitive issues, Jana Partners’ acquisition of...
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Hurricane Dorian's Track Shift Lowers Loss Estimates For Insurers
Tuesday, September 3, 2019 - 11:16am | 853Read More...Insurance and reinsurance companies were relieved somewhat after a shift in the expected path of Hurricane Dorian, which looked Tuesday morning like it would miss South Florida and may brush much of the Southeastern coast without making landfall. Several publicly traded insurance companies...
















