DARK SECRETS: 5 | Vintage Vibes

Western Digital Price Target Cut By Analysts Post Q4 Beat

Western Digital Corp (NASDAQ:WDC) clocked 8% year-on-year revenue growth to $4.53 billion in Q4, beating the consensus of $4.49 billion. Non-GAAP EPS of $1.78 beat the consensus of $1.68. Barclays analyst Tom O'Malley had an Equal Weight and $55 price target. The market expected a reset, but the depths of decline and the exclusion…

Benzinga · Aug 8, 2022

Rosenblatt Lists Its Internet Media Favourites Whose Performance Seem To Be Driven By Recession Concerns

Rosenblatt analyst Barton Crockett noted that Internet, Media, and Experiential equities underperformed the S&P 500 in 2Q22 and 1H22 of generationally high stock pressures (the worst S&P 500 start since 1970). 

Benzinga · Jul 5, 2022

Rosenblatt Points Out How Intel's Price War Could Prove Costly For AMD

Rosenblatt analyst Hans Mosesmann shared salient articles in the last week specific to AI, Bandwidth, and Compute that are important and merely interesting regarding key secular themes. 

Benzinga · Jun 29, 2022

Rosenblatt Re-Rates Imax As Jurassic World Dominion Continues To Rule Charts

Rosenblatt analyst Steve Frankel reiterated a Buy rating on Imax Corp (NYSE: IMAX)

Benzinga · Jun 21, 2022

Here's Why This Analyst Slashed Twitter's Price Target By 39%

Rosenblatt analyst Barton Crockett maintained Twitter, Inc (NYSE:TWTR) with a Neutral and cut the price target from $54.2 to $33, below Tesla, Inc (NASDAQ:TSLA) chief's takeover bid. Crockett believed that the absence of the deal would lead to even lower share prices for Twitter. Social media comparables were already hit by a possible weakening ad market likely…

Benzinga · Jun 21, 2022

Read Rosenblatt's Take On Amazon

Rosenblatt analyst Barton Crockett updated Amazon.com Inc (NASDAQ: AMZN) for the 20-1 share split completed on June 6.

Benzinga · Jun 14, 2022

Rosenblatt Slashes Price Targets On Charter Communication, Comcast - Read Why

Rosenblatt analyst Barton Crockett reiterated Charter Communications, Inc (NASDAQ: CHTR) with a Buy but reduced the price target by 17% to $607. 

Benzinga · Jun 6, 2022

Here's How Analysts Reacted To Microsoft's Outlook Revision

Microsoft Corp (NASDAQ:MSFT) updated its Q4 and FY23 guidance due to recent unfavorable currency headwinds.  Microsoft cited an incremental $460 million headwind from FX to its total revenue guidance issued in late April, representing slightly less than a 100bps delta on total revenue.  Microsoft now expects revenue of $51.94 billion - $52.74 billion…

Benzinga · Jun 3, 2022

Rosenblatt Upgrades Snowflake, But Cuts Price Target

Snowflake Inc (NYSE: SNOW) could deliver an in-line or marginally better-than-projected quarter, when it reports results after the closing bell on Wednesday, according to Rosenblatt.

Benzinga · May 24, 2022

Looking At Warner Bros.Discovery's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bearish stance on Warner Bros.Discovery. Looking at options history for Warner Bros.Discovery (NASDAQ:WBD) we detected 13 strange trades.

Benzinga · May 17, 2022