“Right now this management team is focused on getting execution right and moving the distractions elsewhere,” he said.
In other words, take what he can get. Max Gokhman, Pacific Life Fund Advisors’ head of asset allocation, still sees antitrust concerns over big technology firms persisting, no matter the final election outcome.“The Nasdaq rally is I think a little over-enthusiastic,” he said by phone. Alibaba’s Earnings Were a Pleasant Surprise. Danaher operates three business segments, Life Sciences, Diagnostics, and Environmental & Applied Solutions.Danaher has performed well through 2020, repeating its normal pattern of rising earnings from Q1 – but on steroids. (To watch Schenkel’s track record, click here)Overall, Danaher boasts a Strong Buy analyst consensus rating, and it is unanimous – the stock has received 6 Buys in recent weeks. The study reflects results from over 300 adults.Photo credit: Mike Mozart, FlickrSee more from Benzinga * Click here for options trades from Benzinga * Which Fintech Payment Stock Will Grow The Most By 2025? Economic and Fiscal Update. Lesser left, and now it’s up for sale as new WarnerMedia chief Jason Kilar brings in another ad team.Regional Sports NetworksAT&T has four regional sports networks, or RSNs, which include rights to teams such as hockey’s Pittsburgh Penguins, basketball’s Houston Rockets and baseball’s Seattle Mariners.Though live sports are still the closest thing to must-see TV these days, owning RSNs has increasingly become a headache.
(Bloomberg) -- AT&T Inc. has been called many things over its 135-year history: Ma Bell, monopoly, media conglomerate. To put it bluntly, the social lockdown policies keeping people at home caused many of them to turn to beer for comfort, and Boston Beer has a well-liked flagship brand. An introduction to the Budget Economic and Fiscal Update The Treasury is New Zealand’s …
Wall Street analysts raced to raise their price targets and earnings and revenue estimates for the Chinese e-commerce giant. It is mandatory to procure user consent prior to running these cookies on your website. The content is intended to be used for informational purposes only. Festive feast may be unavoidable. Tesla Inc Chief Executive Officer Elon Musk finally made good on his promise to sell "Tesla Tequila" - two years after teasing the effort in a tweet, and the $250 bottle quickly flew off the virtual shelf. These cookies do not store any personal information. AT&T has been exploring options for DirecTV for more than a year, but finding a buyer for the whole business seems unlikely.A combination with Dish Network Corp., the nation’s other satellite-TV provider, is one scenario. The stock has 9 recent reviews, breaking down to 6 Buys and 3 Holds. Cannabis stocks enjoyed a second straight day of strong gains Friday, led by Aurora Cannabis Inc. with a 66% surge, on growing expectations that Democrat Joe Biden will win the 2020 presidential race and lead a reform effort that will put a spark under the still nascent sector. More recently, the telecom giant has had second thoughts. Consequently, I am betting big on an energy comeback. Livent and Tesla added to an existing lithium supply agreement, providing Tesla with additional access to high-quality battery material supplies. (Bloomberg) -- Palantir Technologies Inc. surged on Friday on speculation that Democrat Joe Biden -- nearing victory in the U.S. presidential race -- would rein in military spending and spur demand for the company’s lower-priced surveillance technology.The stock rose as much as 26%, the most since its direct listing in September as many investors expect defense spending would be cut under a Biden administration.Palantir, which was co-founded by Peter Thiel, counts the U.S. Defense Department among its largest customers and could benefit from budget cuts because its software often costs less than similar offerings from traditional defense contractors.Its shares could also be benefiting from short sellers exiting their positions as the stock rises, according to Melius Research analyst Carter Copeland, who called the stock’s volatility “stunning.”“Given that the rest of the defense and industrial security complex hasn’t reacted in the same way, one would conclude there’s an element of short covering here,” he said in an interview.About 6% of Palantir shares that are available to trade are being sold short, according to the latest data from financial analytics firm S3 Partners.
His price target of $275 indicates an upside of 12% in the next 12 months.
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