Why This Wedbush Analyst Says PayPal Is A Better Payments Play Than Block The high-growth technology sector, which is attempting to make a comeback, includes several companies in the IT/services payment industry. Benzinga · Jun 8, 2022
Why Affirm Holdings Shares Are Falling Affirm Holdings, Inc. (NASDAQ: AFRM) shares are trading lower Wednesday following bearish analyst coverage from Wedbush. Wedbush analyst David Chiaverini initiated coverage on Affirm with an Underperform rating and announced a $15 price target. David Chiaverini noted four concerns: Benzinga · Jun 8, 2022
Wedbush Cuts Price Target On This Fast-Casual Restaurant Chain - Read Why Wedbush analyst Nick Setyan lowered the price target on Chipotle Mexican Grill Inc (NYSE:CMG) to $1,800 (30% upside) from $2,000 and maintained an Outperform rating on the shares. The analyst noted CMG is poised to see accelerated market share gains in a post-COVID environment, resulting in sustained growth above pre-COVID levels. Setyan said the recent… Benzinga · Jun 2, 2022
9 Salesforce Analysts React To Q1 Earnings Beat: 'Next Quality Software GARP Stock' Salesforce Inc (NYSE: CRM) shares jumped Wednesday morning after the company reported first-quarter earnings and raised its profit forecast. Benzinga · Jun 1, 2022
Read How Analysts Reacted To Jack In The Box's Q2 Results Analysts lowered the price target of Jack In The Box Inc (NASDAQ:JACK) following the company's Q2 results. Wedbush analyst Nick Setyan lowered the price target to $90 (35% upside) from $110 and maintained Outperform rating on the stock. The analyst thinks JACK's current valuation discounts an overly pessimistic view of the management's ability to… Benzinga · May 27, 2022
PreMarket Prep: Looking For Biotech Bargains With This Wedbush Analyst Biotechnology is one sector that peaked ahead of the S&P 500 index. While the S&P 500 index did not peak until January, the SPDR Biotech (NYSE: XBI) peaked in February 2021 and is now 60% lower than its all-time high price ($174.79 vs. $66.50). Benzinga · May 25, 2022
What Does The Recent String Of Tesla Price Target Cuts Suggest? As Tesla, Inc. (NASDAQ: TSLA) stock tumbled to a 10-month low, bullish sell-side analysts who had rallied behind the company and saw it as one waiting to explode began to backtrack. Benzinga · May 25, 2022
Expect More Musk-Related Fireworks At Twitter Shareholder Meeting This Week: Wedbush Analyst Twitter Inc’s (NASDAQ: TWTR) special meeting with shareholders on Wednesday is expected to kick off some more fireworks between Tesla Inc (NASDAQ: TSLA) CEO Elon Musk and the micr Benzinga · May 24, 2022
Twitter Defends Anti-bot Efforts, Musk Replies with Poo Emoji Twitter's chief on Monday defended the messaging platform's battle against "bots" that aspiring buyer Elon Musk says vex the platform, only to have the billionaire respond with a poo emoji. The exchange played out in tweets as Musk's $44 billion buy of Twitter remained "temporarily on hold," pending questions over… Asharq Al-Awsat · May 17, 2022
Longtime Netflix Bear Upgrades The Streaming Stock, But Is It A Better Investment Than Disney? Netflix Inc (NASDAQ: NFLX) was featured as the call of the day Monday on CNBC's "Fast Money Halftime Report." Benzinga · May 16, 2022
Wedbush Upgrades Netflix As 'Immensely Profitable, Slow-Growth Company': What Else Interests The Analyst? Netflix Inc (NASDAQ: NFLX) shares traded higher by 3.3% on Monday after the company received an upgrade on Wall Street. The Analyst: Wedbush analyst Michael Pachter upgraded Netflix from Neutral to Outperform and reiterated his $280 price target. Benzinga · May 16, 2022
What's Going On With Netflix Shares Today? Netflix Inc (NASDAQ: NFLX) shares are trading higher Monday following an upgrade from Wedbush. Wedbush analyst Michael Pachter upgraded Netflix from a Neutral rating to an Outperform rating, citing potential for better-than-expected second-quarter results. Benzinga · May 16, 2022
Benzinga · May 12, 2022 Rivian Sees Price Target Halved At Wedbush: Analyst Sees Potential But It's Time To 'Stop The Excuses' Rivian Automotive Inc (NASDAQ: RIVN) has the potential to be a major electric vehicle stalwart over the next decade but it needs to start delivering models and "stop the excuses" to reach that goal, Wedbush analyst Dan Ives said on Wednesday as he
Benzinga · May 6, 2022 Analysts Cut Papa John's Price Target After Q1 Results Several analysts lowered the price target on Papa John's International Inc (NASDAQ:PZZA) following the company's Q1 results. BMO Capital analyst Andrew Strelzik reduced the price target to $130 from $145 but maintained an Outperform rating on the shares. Deutsche Bank analyst Brian Mullan decreased the price target to $109 (25% upside) from $122 and maintained a Hold…
Benzinga · May 4, 2022 Lyft Analysts React To Q2 Guidance Miss, Heavy Investments In Lagging Driver Recovery LYFT Inc (NASDAQ: LYFT) shares plummeted 32% on Wednesday after the company issued second-quarter guidance that came up well short of market expectations.
Benzinga · May 3, 2022 Wedbush Maintains Outperform Rating for Carvana: Here's What You Need To Know Wedbush has decided to maintain its Outperform rating of Carvana (NYSE:CVNA) and lower its price target from $120.00 to $90.00. Shares of Carvana are trading down 5.56% over the last 24 hours, at $57.11 per share. A move to $90.00 would account for a 57.59% increase from the current share…
Benzinga · May 3, 2022 Why This Analyst Is Bullish On Tech, But Bearish On DocuSign DocuSign Inc (NASDAQ: DOCU) is among the “have nots” in the tech sector and may continue to see its multiplies compress “as results soften off pandemic highs,” according to Wedbush.
Benzinga · Apr 29, 2022 Analysts Slash Price Target On This Pizza Restaurant Chain Analysts reduced their price target on Domino's Pizza Inc (NYSE:DPZ) after its Q1 earnings miss. RBC Capital analyst Christopher Carril lowered the price target to $440 from $480 (29% upside). Carril maintained an Outperform rating on the shares. The analyst specified that the delivery staffing challenges are the primary driver of weakness. Wedbush analyst Nick Setyan maintained…
Benzinga · Apr 27, 2022 Wedbush Maintains Outperform Rating for Microsoft: Here's What You Need To Know Wedbush has decided to maintain its Outperform rating of Microsoft (NASDAQ:MSFT) and lower its price target from $375.00 to $340.00. Shares of Microsoft are trading up 5.64% over the last 24 hours, at $285.46 per share. A move to $340.00 would account for a 19.11% increase from the current share…
Benzinga · Apr 27, 2022 6 Microsoft Analysts Praise Q3 Earnings Beat, Azure Acceleration, Office 365 Momentum Microsoft Corporation (NASDAQ: MSFT) shares traded higher by 7.2% on Wednesday after the company reported an across-the-board earnings beat and demonstrated impressive sales momentum.
Benzinga · Apr 26, 2022 No Knights Came To Twitter's Rescue As Musk Swooped Down, 'Soap Opera' Now Over, Says Analyst Twitter Inc’s (NASDAQ: TWTR) board of directors had its back against the wall after Tesla Inc (NASDAQ: TSLA) CEO Elon Musk revealed he had secured funding to purchase the social media platform, said We