Here are the biggest analyst calls of the day: Amazon, Apple, Micron & more

Here are the biggest calls on Wall Street on Monday:Goldman said it thinks that the excess memory chip inventory will be depleted faster than previously expected and that memory chip pricing could start to improve during the third quarter. “We believe that Micron is the best stock to express our view, and we upgrade MU to Buy from Neutral. Investing in Micron at this stage of the cycle (DRAM contract prices are still falling) carries significant risks, in particular with the large amounts of inv


Here are the biggest calls on Wall Street on Monday:Goldman said it thinks that the excess memory chip inventory will be depleted faster than previously expected and that memory chip pricing could start to improve during the third quarter. “We believe that Micron is the best stock to express our view, and we upgrade MU to Buy from Neutral. Investing in Micron at this stage of the cycle (DRAM contract prices are still falling) carries significant risks, in particular with the large amounts of inv
Here are the biggest analyst calls of the day: Amazon, Apple, Micron & more Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-22  Authors: michael bloom
Keywords: news, cnbc, companies, pricing, chip, micron, view, calls, upgrade, apple, analyst, inventory, wall, thinks, day, structure, memory, amazon, biggest


Here are the biggest analyst calls of the day: Amazon, Apple, Micron & more

Here are the biggest calls on Wall Street on Monday:

Goldman said it thinks that the excess memory chip inventory will be depleted faster than previously expected and that memory chip pricing could start to improve during the third quarter.

“We believe that Micron is the best stock to express our view, and we upgrade MU to Buy from Neutral. Investing in Micron at this stage of the cycle (DRAM contract prices are still falling) carries significant risks, in particular with the large amounts of inventory at the memory companies (as this can impact both cost structure and pricing). ”

Read more about this call here.


Company: cnbc, Activity: cnbc, Date: 2019-07-22  Authors: michael bloom
Keywords: news, cnbc, companies, pricing, chip, micron, view, calls, upgrade, apple, analyst, inventory, wall, thinks, day, structure, memory, amazon, biggest


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Analysts love these 5 stocks ahead of their earnings reports

With earnings season now in full swing, Wall Street analysts are advising clients there are plenty of buying opportunities. CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are “top picks” heading into their earnings reports. Willis Towers Watson, a risk management and multinational advisory company, was recently upgraded by Wells Fargo analysts to outperform. Willis Towers Watson will report earnings on July 31. Coca-Cola will report its earning


With earnings season now in full swing, Wall Street analysts are advising clients there are plenty of buying opportunities. CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are “top picks” heading into their earnings reports. Willis Towers Watson, a risk management and multinational advisory company, was recently upgraded by Wells Fargo analysts to outperform. Willis Towers Watson will report earnings on July 31. Coca-Cola will report its earning
Analysts love these 5 stocks ahead of their earnings reports Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-19  Authors: michael bloom
Keywords: news, cnbc, companies, reports, remains, company, earnings, love, sales, watson, strong, towers, ahead, analysts, alibaba, stocks


Analysts love these 5 stocks ahead of their earnings reports

A bottle of Diet Coke is pulled for a quality control test at a Coco-Cola bottling plant in Salt Lake City, Utah.

With earnings season now in full swing, Wall Street analysts are advising clients there are plenty of buying opportunities.

So far over 15% of companies in the S&P 500 have reported earnings. According to FactSet, 79% of those companies have posted a better-than-expected profit.

CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are “top picks” heading into their earnings reports.

They include names such as Coca-Cola, Willis Towers Watson, Diamondback Energy, Northrop Grumman, and Alibaba.

Willis Towers Watson, a risk management and multinational advisory company, was recently upgraded by Wells Fargo analysts to outperform.

“Insurance broker stocks tend to outperform during hurricane season,” they said. “Stronger organic revenue is coming against the backdrop that insurance broker stocks tend to outperform during wind season.”

Wells said it liked the company’s “strong price performance” with the stock up 29% year to date.

Willis Towers Watson will report earnings on July 31.

Chinese multinational e-commerce giant Alibaba continues to see robust online sales in China and analysts at Raymond James say that positions the company well when it reports earnings in mid to late August.

“We reiterate our Strong Buy rating on Alibaba shares and $280 price target given our expectation for solid June quarter results given strong China eCommerce sales data and strong 6.18 festival sales,” they said. “Alibaba remains our top large cap pick.”

Shares of the company are up over 3% on the week.

Coca-Cola will report its earnings on Tuesday and remains a “top U.S. staples pick” for analysts at Morgan Stanley.

“Despite an expected muted Q2, KO remains our top US Staples pick, as we believe the market will look past near-term weather-induced weakness and focus on the solid FY and LT topline outlook and an EPS/FCF growth inflection in 2020 and beyond.”

Shares Coke were down 0.67% on the week.

Here’s what analysts are saying about their top picks heading into earnings:


Company: cnbc, Activity: cnbc, Date: 2019-07-19  Authors: michael bloom
Keywords: news, cnbc, companies, reports, remains, company, earnings, love, sales, watson, strong, towers, ahead, analysts, alibaba, stocks


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Here are the biggest analyst calls of the day: Apple, Zillow, AMC & more

KeyBanc said the online real estate brokerage has a “competitive advantage.” “We are initiating coverage of Z at Overweight and recommend buying the shares. Zillow’s traffic should allow it to remain the leading marketplace for connecting home buyers/sellers with agents. Further, we believe its traffic, capital, and data provide competitive advantages that position Zillow to become the leading market maker for residential real estate in the U.S. We believe can drive substantial profit growth and


KeyBanc said the online real estate brokerage has a “competitive advantage.” “We are initiating coverage of Z at Overweight and recommend buying the shares. Zillow’s traffic should allow it to remain the leading marketplace for connecting home buyers/sellers with agents. Further, we believe its traffic, capital, and data provide competitive advantages that position Zillow to become the leading market maker for residential real estate in the U.S. We believe can drive substantial profit growth and
Here are the biggest analyst calls of the day: Apple, Zillow, AMC & more Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-19  Authors: michael bloom
Keywords: news, cnbc, companies, estate, target, calls, biggest, traffic, day, competitive, analyst, leading, zillows, amc, real, apple, believe, zillow


Here are the biggest analyst calls of the day: Apple, Zillow, AMC & more

KeyBanc said the online real estate brokerage has a “competitive advantage.”

“We are initiating coverage of Z at Overweight and recommend buying the shares. Zillow’s traffic should allow it to remain the leading marketplace for connecting home buyers/sellers with agents. Further, we believe its traffic, capital, and data provide competitive advantages that position Zillow to become the leading market maker for residential real estate in the U.S. We believe can drive substantial profit growth and ancillary opportunities over time. Our $66 price target is based on 9.0x 2020E EV/GP$. “


Company: cnbc, Activity: cnbc, Date: 2019-07-19  Authors: michael bloom
Keywords: news, cnbc, companies, estate, target, calls, biggest, traffic, day, competitive, analyst, leading, zillows, amc, real, apple, believe, zillow


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Raymond James upgrades Apple on ‘increased conviction in a 5G iPhone’

Trump was suspected of talking to Cohen, Hicks about plan to stop… The filing came a day after the judge in Michael Cohen’s criminal case ordered their release, saying that the end of a probe into those payments to alleged sexual partners of… Politicsread more


Trump was suspected of talking to Cohen, Hicks about plan to stop… The filing came a day after the judge in Michael Cohen’s criminal case ordered their release, saying that the end of a probe into those payments to alleged sexual partners of… Politicsread more
Raymond James upgrades Apple on ‘increased conviction in a 5G iPhone’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-18  Authors: michael bloom, john melloy
Keywords: news, cnbc, companies, talking, apple, probe, stopthe, sexual, 5g, trump, upgrades, conviction, plan, raymond, iphone, increased, suspected, saying, release, payments, james


Raymond James upgrades Apple on 'increased conviction in a 5G iPhone'

Trump was suspected of talking to Cohen, Hicks about plan to stop…

The filing came a day after the judge in Michael Cohen’s criminal case ordered their release, saying that the end of a probe into those payments to alleged sexual partners of…

Politics

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Company: cnbc, Activity: cnbc, Date: 2019-07-18  Authors: michael bloom, john melloy
Keywords: news, cnbc, companies, talking, apple, probe, stopthe, sexual, 5g, trump, upgrades, conviction, plan, raymond, iphone, increased, suspected, saying, release, payments, james


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Analysts stick by plunging Netflix shares, see comeback this quarter driven by ‘Stranger Things’

Wall Street analysts were urging clients to remain calm in the wake of Netflix’s disappointing earnings report. The company said Wednesday after the bell that it only added 2.7 million global subscribers in the second quarter while Wall Street expected the number to be closer to 5 million. Many analysts are already predicting the streaming giant will bounce back in the third quarter, anchored by its original show, “Stranger Things.” Strong content is still going to be the backbone for Netflix dr


Wall Street analysts were urging clients to remain calm in the wake of Netflix’s disappointing earnings report. The company said Wednesday after the bell that it only added 2.7 million global subscribers in the second quarter while Wall Street expected the number to be closer to 5 million. Many analysts are already predicting the streaming giant will bounce back in the third quarter, anchored by its original show, “Stranger Things.” Strong content is still going to be the backbone for Netflix dr
Analysts stick by plunging Netflix shares, see comeback this quarter driven by ‘Stranger Things’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-18  Authors: michael bloom
Keywords: news, cnbc, companies, shares, quarter, netflix, analysts, comeback, strong, stranger, netflixs, street, subscriber, driven, stick, plunging, slate, wall, things


Analysts stick by plunging Netflix shares, see comeback this quarter driven by 'Stranger Things'

Wall Street analysts were urging clients to remain calm in the wake of Netflix’s disappointing earnings report.

The company said Wednesday after the bell that it only added 2.7 million global subscribers in the second quarter while Wall Street expected the number to be closer to 5 million. It also reported an unexpected loss in U.S. subscribers.

Shares of Netflix were down more than 10% to $323.24 in midmorning trading Thursday.

Many analysts are already predicting the streaming giant will bounce back in the third quarter, anchored by its original show, “Stranger Things.”

“Early 3Q trends are strong, led by Stranger Things S3, & we believe churn rates have receded closer to pre-price increase levels,” J.P. Morgan analyst Doug Anmuth said.

Strong content is still going to be the backbone for Netflix driving subscriber growth going forward, analysts say.

“Conversely, in 2H’19, there should be a positive impact from an improving slate and we are, therefore, optimistic about the company’s opportunity to grow subscriber additions y/y in a FY basis,” said Piper Jaffray’s Michael Olson.

“Some will say this miss suggests maturation or lack of pricing power; we see neither. We would note Netflix misses have been followed by strong qtrs, and, along those lines, we expect Netflix’s very strong 2H slate will lead to a rebound in sub growth,” Credit Suisse analysts said.

In fact, the second quarter has traditionally been rough, according to analysts at Raymond James.

“The reality is 2Q has been a tough quarter for three of the past four years, and it’s likely a combination of factors driving softness,” they said.

“It will likely take strong results over the next two quarters to refute these controversies and drive a more meaningful move higher.”

Here’s what else the major analysts are saying about Netflix’s earnings report:


Company: cnbc, Activity: cnbc, Date: 2019-07-18  Authors: michael bloom
Keywords: news, cnbc, companies, shares, quarter, netflix, analysts, comeback, strong, stranger, netflixs, street, subscriber, driven, stick, plunging, slate, wall, things


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Here’s what major analysts are predicting will happen with Netflix earnings after the bell

Reed Hastings attends Reed Hastings panel during Netflix ‘See What’s Next’ event at Villa Miani on April 18, 2018 in Rome, Italy. Earnings season is underway and there’s no shortage of story lines when Netflix reports its second quarter earnings after the bell on Wednesday. Wall Street analysts say they’ll be squarely focused on key metrics like cash, content, and comments on upcoming competition from Disney and HBO Max. “Wall of worry” refers to when a company runs into a stumbling block in the


Reed Hastings attends Reed Hastings panel during Netflix ‘See What’s Next’ event at Villa Miani on April 18, 2018 in Rome, Italy. Earnings season is underway and there’s no shortage of story lines when Netflix reports its second quarter earnings after the bell on Wednesday. Wall Street analysts say they’ll be squarely focused on key metrics like cash, content, and comments on upcoming competition from Disney and HBO Max. “Wall of worry” refers to when a company runs into a stumbling block in the
Here’s what major analysts are predicting will happen with Netflix earnings after the bell Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-17  Authors: michael bloom
Keywords: news, cnbc, companies, competition, wall, earnings, upcoming, analysts, stocks, analyst, heres, second, bell, predicting, worry, refers, happen, netflix, major


Here's what major analysts are predicting will happen with Netflix earnings after the bell

Reed Hastings attends Reed Hastings panel during Netflix ‘See What’s Next’ event at Villa Miani on April 18, 2018 in Rome, Italy.

Earnings season is underway and there’s no shortage of story lines when Netflix reports its second quarter earnings after the bell on Wednesday. Wall Street analysts say they’ll be squarely focused on key metrics like cash, content, and comments on upcoming competition from Disney and HBO Max.

The company has recently taken heat from analysts over its spending on content as well as its recent loss of comedy shows, ‘Friends,’ and ‘The Office.’

The streaming giant is up 37% year to date, that’s second only to Facebook among the so-called FAANG stocks. But it’s also underperformed the market over the past year, concerning analysts. FAANG refers to a group of internet and tech stocks including Facebook, Amazon, Apple, Netflix, and Google.

Despite the concerns, most analysts are still urging clients to buy into the report.

“NFLX remains one of our top picks, and while the competition/price increase-related churn ‘wall of worry’ could take a few quarters to disprove, we think it presents a good buying opportunity,” J.P. Morgan analyst Doug Anmuth said.

“Wall of worry” refers to when a company runs into a stumbling block in the market causing temporary uncertainty.

Content and competition issues are mostly “noise,” according to analysts at Bank of America

“We see most near term risks for Netflix as fleeting, with structural growth expected to hold,” they said.

“We would see any dip around these worries as an enhanced buying opportunity because we do not see Disney/HBO as the competition and we expect, as has happened before, any price hike driven increase in churn to be short-lived as consumers come back for Netflix’s content.”

However, one analyst says he’s keeping his sell rating, “until we see progress.”

“Should cash burn stabilize and reverse trajectory, we are prepared to reconsider our underperform rating,” Wedbush analyst Michael Pachter said.

Here’s what major analysts are saying about Netflix’s upcoming earnings report:


Company: cnbc, Activity: cnbc, Date: 2019-07-17  Authors: michael bloom
Keywords: news, cnbc, companies, competition, wall, earnings, upcoming, analysts, stocks, analyst, heres, second, bell, predicting, worry, refers, happen, netflix, major


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Here are the biggest analyst calls of the day: Apple, Levi Strauss, Ralph Lauren & more

Tim Cook, chief executive officer of Apple Inc., speaks during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Monday, March 25, 2019. Here are the biggest calls on Wall Street on Wednesday:Goldman raised its price target on the stock but warned that services business growth may fall short. “Apple App Store data from Sensor Tower suggests a material slowdown in May and June revenues after a spike in activity in March and April driven by Greater China. In revenue terms Senso


Tim Cook, chief executive officer of Apple Inc., speaks during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Monday, March 25, 2019. Here are the biggest calls on Wall Street on Wednesday:Goldman raised its price target on the stock but warned that services business growth may fall short. “Apple App Store data from Sensor Tower suggests a material slowdown in May and June revenues after a spike in activity in March and April driven by Greater China. In revenue terms Senso
Here are the biggest analyst calls of the day: Apple, Levi Strauss, Ralph Lauren & more Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-17  Authors: michael bloom
Keywords: news, cnbc, companies, growth, wednesdaygoldman, calls, wall, lauren, levi, sensor, day, app, analyst, strauss, apple, revenue, store, warned, biggest, tower, ralph, yy


Here are the biggest analyst calls of the day: Apple, Levi Strauss, Ralph Lauren & more

Tim Cook, chief executive officer of Apple Inc., speaks during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Monday, March 25, 2019.

Here are the biggest calls on Wall Street on Wednesday:

Goldman raised its price target on the stock but warned that services business growth may fall short.

“Apple App Store data from Sensor Tower suggests a material slowdown in May and June revenues after a spike in activity in March and April driven by Greater China. In revenue terms Sensor Tower indicates iOS App Store revenue growth of 14% Y/Y in June down from 18% Y/Y in May, 21% in April and 22% in March. ”

Read more about this call here.


Company: cnbc, Activity: cnbc, Date: 2019-07-17  Authors: michael bloom
Keywords: news, cnbc, companies, growth, wednesdaygoldman, calls, wall, lauren, levi, sensor, day, app, analyst, strauss, apple, revenue, store, warned, biggest, tower, ralph, yy


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Here are the biggest analyst calls of the day: General Electric, Molson Coors, Deere & more

Credit Suisse lowered its price target on Boeing and said it still expected the Max to be recertified “at some point.” “Barring an unforeseen catastrophe, we believe the MAX will be recertified at some point (though timing remains uncertain), which should presage a return to normal production and delivery rates. Though the timeline has been extended, normalized free cash should plateau around $32-37 per share in the 2022 timeframe. Accordingly, long term investors may be rewarded for their patie


Credit Suisse lowered its price target on Boeing and said it still expected the Max to be recertified “at some point.” “Barring an unforeseen catastrophe, we believe the MAX will be recertified at some point (though timing remains uncertain), which should presage a return to normal production and delivery rates. Though the timeline has been extended, normalized free cash should plateau around $32-37 per share in the 2022 timeframe. Accordingly, long term investors may be rewarded for their patie
Here are the biggest analyst calls of the day: General Electric, Molson Coors, Deere & more Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-15  Authors: michael bloom
Keywords: news, cnbc, companies, max, biggest, deere, calls, timeline, term, timing, molson, electric, analyst, coors, recertified, target, general, suisse, day, timeframe, unforeseen, uncertain


Here are the biggest analyst calls of the day: General Electric, Molson Coors, Deere & more

Credit Suisse lowered its price target on Boeing and said it still expected the Max to be recertified “at some point.”

“Barring an unforeseen catastrophe, we believe the MAX will be recertified at some point (though timing remains uncertain), which should presage a return to normal production and delivery rates. Though the timeline has been extended, normalized free cash should plateau around $32-37 per share in the 2022 timeframe. Accordingly, long term investors may be rewarded for their patience, though we are increasingly concerned that a macro slowdown may derail plans to hike to rate 57 in 2021/22.”


Company: cnbc, Activity: cnbc, Date: 2019-07-15  Authors: michael bloom
Keywords: news, cnbc, companies, max, biggest, deere, calls, timeline, term, timing, molson, electric, analyst, coors, recertified, target, general, suisse, day, timeframe, unforeseen, uncertain


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These stocks are second-half comeback stories, according to Wall Street analysts

While market records were broken and many stocks surged in the first half of the year, not all of them did. Wall Street analysts were telling clients there were plenty of values to be found among stocks that ended the first half in the red. The stock has several “positive catalysts” despite its “volatility,” according to analysts at Wells Fargo. That wasn’t enough to stop analysts at Needham this week from adding the buy-rated company to its “conviction list.” Here’s what else analysts are sayin


While market records were broken and many stocks surged in the first half of the year, not all of them did. Wall Street analysts were telling clients there were plenty of values to be found among stocks that ended the first half in the red. The stock has several “positive catalysts” despite its “volatility,” according to analysts at Wells Fargo. That wasn’t enough to stop analysts at Needham this week from adding the buy-rated company to its “conviction list.” Here’s what else analysts are sayin
These stocks are second-half comeback stories, according to Wall Street analysts Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-12  Authors: michael bloom
Keywords: news, cnbc, companies, secondhalf, wells, analysts, half, watch, street, tripadvisor, stock, comeback, wall, stocks, week, ended, according


These stocks are second-half comeback stories, according to Wall Street analysts

Watch out for the comeback kids. While market records were broken and many stocks surged in the first half of the year, not all of them did.

Wall Street analysts were telling clients there were plenty of values to be found among stocks that ended the first half in the red. CNBC examined the most recent Wall Street research from major firms to find companies that were being recommended as comeback stories to clients after falling during the first six months of the year.

They include names such as Marathon Petroleum, Six Flags, Cigna, TripAdvisor, Pure Storage, and Chemours Company.

Theme park operator Six Flags has been the subject of three upgrades over the last month, with Wells Fargo being the most recent investment bank to lift its rating to buy. The company, which ended the first half down over 10%, is due to report earnings on July 24.

The stock has several “positive catalysts” despite its “volatility,” according to analysts at Wells Fargo.

“We believe concerns surrounding Q219 weather, China trade implications and dividend sustainability, are fairly discounted,” they said.

Health insurer Cigna ended the first half of the year down more than 17%. Shares had been under pressure as the Trump administration was pushing a plan to eliminate drug rebates from government prescription drug plans. But this week the administration dropped the idea.

“We expect the news to be favorable most specifically to entities with larger pharmacy benefit management exposure as it eliminates the uncertainty and overhang that the rebate rule had on those companies,” analysts at Citi said. The firm kept its buy rating and the stock remains on the Citi focus list as a “top pick.”

Travel and restaurant website TripAdvisor finished the first half down 14%. That wasn’t enough to stop analysts at Needham this week from adding the buy-rated company to its “conviction list.”

“We think the setup remains super attractive on a compelling second derivative directional play into 2H19,” they said.

Here’s what else analysts are saying about stocks to watch in the second half:


Company: cnbc, Activity: cnbc, Date: 2019-07-12  Authors: michael bloom
Keywords: news, cnbc, companies, secondhalf, wells, analysts, half, watch, street, tripadvisor, stock, comeback, wall, stocks, week, ended, according


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Here are the biggest analyst calls of the day: Chewy, 3M, Square & more

J.P. Morgan downgraded Marriott on valuation amongst other things. “We move MAR to Neutral, from Overweight, as recent share outperformance, peak valuation, an extended cycle and decelerating industry trends all point to diminished upside from here. We want to be clear that this isn’t a reflection on the quality of the business model (capital light, fee-based, with steady, solid returns driving high ROICs), or that of management, which is tops in the sector, in our view. MAR’s unit growth story


J.P. Morgan downgraded Marriott on valuation amongst other things. “We move MAR to Neutral, from Overweight, as recent share outperformance, peak valuation, an extended cycle and decelerating industry trends all point to diminished upside from here. We want to be clear that this isn’t a reflection on the quality of the business model (capital light, fee-based, with steady, solid returns driving high ROICs), or that of management, which is tops in the sector, in our view. MAR’s unit growth story
Here are the biggest analyst calls of the day: Chewy, 3M, Square & more Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-09  Authors: michael bloom
Keywords: news, cnbc, companies, steady, unit, view, calls, thingswe, 3m, valuation, square, chewy, biggest, day, analyst, peak, upside, tops, solid, trends


Here are the biggest analyst calls of the day: Chewy, 3M, Square & more

J.P. Morgan downgraded Marriott on valuation amongst other things.

“We move MAR to Neutral, from Overweight, as recent share outperformance, peak valuation, an extended cycle and decelerating industry trends all point to diminished upside from here. We want to be clear that this isn’t a reflection on the quality of the business model (capital light, fee-based, with steady, solid returns driving high ROICs), or that of management, which is tops in the sector, in our view. MAR’s unit growth story remains intact for now but without a path for estimate revisions higher (RevPAR) and peak multiples, we believe risk-reward is more balanced here. “


Company: cnbc, Activity: cnbc, Date: 2019-07-09  Authors: michael bloom
Keywords: news, cnbc, companies, steady, unit, view, calls, thingswe, 3m, valuation, square, chewy, biggest, day, analyst, peak, upside, tops, solid, trends


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