Tag: Investment

Ford Analyst Downgrades Stock: ‘Limited Scope for Positive Surprises’

Ford Motor Company shares have had a nice run-up since hitting a double-bottom in early September. Wary of the pricier valuation, an analyst at Jefferies chose to move to the sidelines. The Ford Analyst Philippe Houchois downgraded Ford from Buy to Hold and increased the price target from $20 to $25. This comes on the heels of…


The Truth About Bubbles

Commentary There is a simple, but often overlooked, truth about market bubbles. Market bubbles have NOTHING to do with valuations or fundamentals. Yes, currently valuations are at levels only seen at the peak of previous bull markets. As shown, the S&P 500 currently trades in the upper 90 percent of its historical valuation levels. However,…


Chart Wars: Will Digital World or Phunware Moon as Trump Prepares Return to Social Media?

Digital World Acquisition Corp. and Phunware Inc. both skyrocketed into popularity in late October 2021 when it was announced Digital World, a SPAC, would merge with Trump Media and Technology Group. Phunware, which had partnered with Trump during his 2020 reelection campaign soared higher both due to its connection to Trump and because Bitcoin, which Phunware…


Rimini Street Shares Gain on Roth Capital Upgrade

Roth Capital analyst Richard Baldry upgraded Rimini Street Inc. to Buy from Neutral with an $8 price target, suggesting an upside of 53 percent. The shares are down 57 percent versus their highs and trading at only 1.1-times run-rate revenues. The analyst does believe recent staccato growth results are likely to continue to temper a return to former…


Evercore ISI Sees 51 Percent Upside in This Software Technology Company

Evercore ISI analyst Kirk Materne upgraded Qualtrics International Inc. to Outperform from In-Line with a $40 price target, suggesting an upside of 51.63 percent. The recent pullback in the shares creates a more attractive risk/reward when taking a 6-12 month view, Materne notes. The analyst believes Qualtrics is well-positioned to benefit from a “strong demand environment as customers…


Read Why MoffettNathanson Slashed Walt Disney Price Target by 6 Percent

MoffettNathanson analyst Michael Nathanson lowered the price target on Walt Disney Co. to $165 from $175 and reiterated a Neutral rating on the shares. The price target implies an upside of 8 percent. Nathanson’s FY22 free cash flow estimate of $1.9 billion after the Shanghai adjustment is “a significant decrease” of over 60 percent from his prior estimate of…


Here’s How JP Morgan Views Meta, Amazon, Apple

JPMorgan just shared its view on some significant tech stocks. JPMorgan analyst Doug Anmuth lowered the price target on Meta Platforms Inc. to $385 from $390 (16 percent upside to January 14 closing price) and reiterated an Overweight rating on the shares. The company’s revenue growth will decelerate in 2022 against tough compares, but Meta is making solid progress…


Ford’s Stock Pulls Back, but Here’s Why Bulls May Soon Regain Control

Ford Motor Co. shares retreated over 7 percent by Wednesday afternoon as the stock took aim at a lower gap between $21.88 and $22.42 left behind on Jan. 4 when shares shot up almost 12 percent higher from the previous day’s closing price. If the stock falls to fill the gap and prints a reversal signal near…


Vimeo Reports December 2021 Monthly Metrics

Vimeo Inc. reported monthly metrics for December 2021. The company sees revenue growth of 23 percent year on year versus 57 percent reported in Q4 2020. Vimeo sees Subscriber growth of 11 percent Y/Y against 24 percent growth in Q4 2020. Vimeo sees Average Revenue Per User growth of 11 percent Y/Y compared to 27 percent…


Stock Wars: CarLotz Versus Carvana

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between a pair of used car companies: CarLotz Inc. and Carvana. The Case for CarLotz This used car consignment company was founded in 2011 by three…