Netflix Price Target Raised to Street-high $650 by Pivotal
Pivotal Research is now the biggest Netflix bull on Wall Street. The firm raised its price target by $50 a share to $650, saying the video streaming company is likely to remain as the dominant global SVOD player for the foreseeable future.
What a Biden-led Blue 'Tsunami' Means for the Financial System
Jaret Seiberg, Financial Services and Housing Policy Analyst for Cowen Washington Research Group, talks about the markets’ muted reaction to President Trump’s COVID-19 diagnosis, key policy initiatives that could result from a Biden or Trump victory, and how these changes could impact the wealth gap and financial inclusion.
The Fitness Stock No One is Talking About
Peloton is getting all the attention as the superstar of Connected Fitness, but the future of exercise is not a winner takes all business. It's time to start taking notice of Bowflex owner Nautilus, which is participating significantly in the workout-from-home trend and is transitioning to digital fitness.
Instagram Reels Might be the Real Deal
Facebook’s answer to TikTok has a chance to also be a solution for driving Instagram’s next leg of growth. A new survey conducted by Jefferies indicates Reels is an early success and suggests the video product has potential to keep more users inside the app for longer.
4 Stocks with “Rocket Ship” Path to Recovery
Why settle for a V-shaped recovery when you could aim for a “Rocket Ship” recovery? RBC analyst Mark Mahaney identifies four large-cap stocks he believes are most COVID-resistant.
Vroom in the Fast Lane of the Used Car Market
The used car market has been largely untouched by digital innovation, creating a big opportunity for Vroom, an online-focused used car retailer that allows customers to purchase a vehicle online and have it delivered to their home.
Why Under Armour Could Drop to $4 a Share
Global store closings and weakened demand for athletic wear sparked by COVID-19 are only a fraction of Under Armour’s long list of problems. One analyst sees shares falling into penny stock territory in the next 12 months.
Zynga Joins List of Gaming Companies Benefiting from Stay-at-Home
Zynga experienced its best first quarter ever for revenue and bookings as stay-at-home orders sparked more demand for its mobile games.