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Canadian analyst rolls out cannabis stock coverage with four Sell ratings

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 12th, 2018

Jefferies Bearish On Tilray: "The Stock Is Too Expensive For Its Outlook"

Cannabis investors woke up to a negative sell-side take on Tilray Inc. (NASDAQ: TLRY) Friday, with Jefferies calling the Canadian company's valuation unjustified. Latest Ratings for TLRY DateFirm.....»»

Category: blogSource: benzingaMar 8th, 2019

Dropbox Quiet Period Expires And Analysts Speak Up

The analyst quiet period on Dropbox Inc. (NASDAQ: DBX) is over, and several sell-side firms initiated coverage of the newly public stock this week. Here’s an overview of what Wall Street thinks of the cloud storage giant. Latest Ratings for DBX Dat.....»»

Category: blogSource: benzingaApr 17th, 2018

Real-estate sector ‘at the tipping point’ prompts stock analyst to flip his ratings

All the long-promised changes in residential real estate are finally upon us, says one analyst in a recent note, changing his outlook on the stocks under his coverage......»»

Category: topSource: marketwatchJun 11th, 2019

The Ratings Game: Apple stock gets another downgrade to sell: the iPhone ‘air pocket is real’

For the second time this week, an analyst has slapped a bearish rating on Apple Inc.’s stock......»»

Category: topSource: marketwatchApr 12th, 2019

The Ratings Game: Tesla is like Apple and Salesforce, but don’t buy the stock right now, analyst says

Instinet initiated coverage of Tesla Inc. on Tuesday by describing the electric-car company as the Salesforce.com Inc. of the auto industry, but did not suggest buying the stock......»»

Category: topSource: marketwatchApr 9th, 2019

The Ratings Game: Roku stock sinks after Citi cuts to sell, citing Apple and Google competition

Shares of Roku Inc. are down 6.5% in Monday morning trading after Citi Research analyst Mark May turned bearish on the stock and raised concerns about competitive pressures in the industry, including from Apple Inc......»»

Category: topSource: marketwatchApr 8th, 2019

The Snap Bull Vs. Bear Debate After The Q1 Print

Should investors take advantage of the sell-off in Snap Inc (NYSE: SNAP) stock after the company's first-quarter print? That depends on which Wall Street analyst you ask. Latest Ratings for SNAP Dat.....»»

Category: blogSource: benzingaMay 2nd, 2018

Tesla stock reinstated with sell rating at Goldman Sachs

Goldman Sachs analyst David Tamberrino reinstated coverage of Tesla Inc. with a sell rating and $210 six-month price target on Tuesday, less than three weeks after the firm stopped covering the stock due .....»»

Category: topSource: marketwatchSep 4th, 2018

The Ratings Game: Snap stock could dive to $5 within a year, analyst warns

Snap Inc. shares are getting hammered in Wednesday trading, after an analyst at BTIG cut his rating to sell from neutral and warned that the share price could get cut by nearly half within a year......»»

Category: topSource: marketwatchSep 12th, 2018

RBC Downgrades ConocoPhillips After Stock"s Big 2018 Run

With ConocoPhillips (NYSE: COP) stock up more than 40 percent in 2018, one sell-side analyst said Thursday that the company may be a victim of its own success. Latest Ratings for COP Dat.....»»

Category: blogSource: benzingaSep 20th, 2018

The Ratings Game: AMD stock gains after picking up a new fan

Shares of Advanced Micro Devices Inc. broke a five-day losing streak on Monday, rising 5% after an RBC Capital Markets analyst initiated coverage of the stock with a bullish rating......»»

Category: topSource: marketwatchSep 24th, 2018

Upwork stock initiated at hold by Jefferies, Stifel

Jefferies analyst Brent Thill and Stifel analyst Scott Devitt both initiated coverage of freelance-marketplace company Upwork Inc. shares with hold ratings.....»»

Category: topSource: marketwatchOct 29th, 2018

Monster Beverages stock slides 6% as UBS advises investors to sell

Monster Beverages Corp. shares fell about 6% Thursday, making the stock the second weakest on the S&P 500, after UBS initiated coverage with a sell rating. Analyst Sean King said he expects sales to fall 3% below Street estim.....»»

Category: topSource: marketwatchDec 13th, 2018

Canada Goose Analysts React To Q3 Print: Should Investors Buy The Dip?

Canadian apparel maker Canada Goose Holdings Inc (NYSE: GOOS) reported Thursday morning with fiscal third-quarter results that prompted a sell-off in the stock despite a beat-and-raise print. Latest Ratings fo.....»»

Category: blogSource: benzingaFeb 15th, 2019

Patchwork of Marijuana Regulations in the USA

This is so far behind the curve: “Canadian cannabis companies have it easy. Since Oct. 17, they’ve been able to sell pot to adults under a single national law. The big U.S. stock exchanges are happy to list Canadian pro.....»»

Category: blogSource: TheBigPictureFeb 20th, 2019

Cannabis Watch: Marijuana producer Hexo stock falls after sequential revenue decline in the wake of Canadian legalization

Hexo Corp. shares fell sharply in Thursday trading after the company announced a sequential decline in revenue as part of its third-quarter earnings just months following recreational legalization of marijuana in Canada......»»

Category: topSource: marketwatchJun 13th, 2019

Uber and Lyft both have room to run, Evercore says

Evercore ISI analyst Benjamin Black initiated coverage of Uber Technologies Inc.'s stock and Lyft Inc.'s stock at outperform late Wednesday, arguing that the.....»»

Category: topSource: marketwatchJun 13th, 2019

Analyst: Trump Could Push Cannabis Legalization In 2020

Cannabis could be one of the top five issues in the 2020 presidential election, Piper Jaffray. President Donald Trump may champion legalization as a way of gaining favor with younger voters, the sell-side firm said in a Sunday note.  read more.....»»

Category: blogSource: benzingaJun 10th, 2019

The Week In Cannabis: Gillibrand"s Legalization Plan, Analyst Ratings, South Africa"s CBD Store, And Some Legal News

In another big week for cannabis, a committee of the Delaware House of Representatives passed a bill to legalize recreational marijuana; Democratic presidential candidate Sen. Kirsten Gillibrand unveiled a cannabis legal read more.....»»

Category: blogSource: benzingaJun 9th, 2019

The Ratings Game: AMD stock jumps as Morgan Stanley throws in the towel on ‘obviously’ wrong bearish call

The Advanced Micro Devices Inc. bear camp shrank Thursday, as Morgan Stanley analyst Joseph Moore upgraded the stock after long doubting the chip company......»»

Category: topSource: marketwatchJun 7th, 2019