Analyst Color - Spark Newswire

2 minute read

Intel Business Model ‘Structurally Misaligned With Industry Direction,’ Analyst Says

March 6, 11:52 AM

Intel Corporation (NASDAQ: INTC) is facing a tough challenge as its business model is said to be "structurally misaligned with industry direction," according to a bearish note issued Sunday by Bank of America Global Securities.

INTC

2 minute read

Analyst: How Do Virginia’s Delayed Cannabis Sales Impact Important Deals For These Three MSOs?

By Jelena Martinovic

March 6, 11:47 AM

Virginia is approaching its second anniversary of legalizing recreational cannabis without a framework for legal sales as yet established.

CCHWF

2 minute read

Cathie Wood Keeps Hoarding This Crypto-Linked Stock: Is It A Buy At Current Levels?

By Shanthi Rexaline

March 5, 12:36 PM

Cathie Wood’s Ark Invest has been consistently accumulating shares of cryptocurrency exchange Coinbase Global, Inc.

ARKK

2 minute read

Dividend Cut ‘Effectively Unavoidable’: Investing Legend Chanos Lends Megaphone To REIT Skeptic

By Shanthi Rexaline

March 4, 2:21 PM

Real estate investment trusts, or REITs, are generally considered defensive plays because of their steady dividend streams even during times of market volatility.

MPW

1 minute read

CareDx Earns Stock Downgrade Amid CMS Coverage Cuts Change Thesis

By Vandana Singh

March 3, 3:01 PM

Raymond James downgraded CareDx Inc (NASDAQ:CDNA) to Market Perform from Strong Buy after MolDX issued a billing and coding article severely limiting coverage…

CDNA

1 minute read

Xponential Fitness’ Strong Q4 Results & Growth Opportunities Trigger 7% Price Target Boost By This Analyst

By Shivani Kumaresan

March 3, 2:48 PM

Raymond James analyst Joseph Altobello reiterated a Strong Buy rating on the shares of Xponential Fitness Inc (NYSE: XPOF) and raised the price target from $30 to $32.

PLNT

1 minute read

Analyst Upgrades This Radiology Stock, Expects Promising 2023 Ahead

By Vandana Singh

March 3, 2:38 PM

Raymond James upgraded Radnet Inc (NASDAQ:RDNT) from Market Perform to Outperform and a price target of $30 following 4Q22 results that came in…

RDNT

1 minute read

Analyst Upgrades This Stock And Doubles Price Target On Encouraging Ibsrela Story

By Vandana Singh

March 3, 2:34 PM

After the market close Thursday, Ardelyx Inc (NASDAQ:ARDX) reported Q4 FY22 Ibsrela sales of $8.7 million and $15.6 million for FY22. The…

ARDX

2 minute read

Nordstrom’s Inventory Markdown To Have Positive Effect On Growth, Says Analyst

By Shivani Kumaresan

March 3, 2:09 PM

Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on the shares of Nordstrom Inc (NYSE:JWN) and raised the price…

JWN

3 minute read

The AI ‘OG’ Just Blew Out It’s Financial Results — And Shares Are On A Tear

By AJ Fabino

March 3, 1:57 PM

The overarching stock story of 2023 — while still early into the year — has been focused on artificial intelligence, namely OpenAI’s sophisticated chatbot ChatGPT.