Escape To Ct Fri-- I have not been up in over two weeks. Excited. DraftKings reports Q3 EPS ($1.35), consensus (1.06) 07:48 DKNG Reports Q3 revenue $213M,… DraftKings sees FY22 revenue $1.7B-$1.9B, consensus $1.81B 07:49 DKNG Maybe not as bad as some had feared.?
I am actually afraid to check my email. The outcome will not be good I do not think. If they did hand deliver my CFLT sell order they will have sold well below where it was when I requested it. If the sale did not go down the stock will plunge. If it did go down (this is my real fear) The stk will be up $10. This is a terrible position to be in. Confluent price target raised to $100 from $75 at Cowen » 07:43 CFLT
Motorsport Games price target lowered to $25 from $30 at Canaccord 07:30 MSGM Canaccord analyst MichaelMichael Graham lowered the firm's price target on Motorsport Games to $25 from $30 and keeps a Buy rating on the shares. The analyst noted after the much-anticipated launch of flagship game NASCAR '21: Ignition at the end of October met with mixed reviews due to bugs in the game, management bolstered investor confidence by relaying what looks like a successful program of patches for the game and by reiterating 2021 revenue guidance, implying that game sales are likely to be in line with his prior expectations. MSGM-$10.68 Builders FirstSource upgraded to Buy from Sell at Zelman 07:25 BLDR Canopy Growth sees revenue acceleration in 2H22 07:22 CGC The company continues to expect revenue acceleration in the second half of FY2022 but the magnitude and pace of improvement is expected to be more modest than previously anticipated. The company is focused on stabilizing its market share of the Canadian recreational cannabis in the second half of FY2022. Distribution expansion of BioSteel is expected to accelerate in the second half of FY2022 but shipments may depend on timing of chain authorizations and associated shelf resets. The company is taking steps to improve its Canadian recreational business, with increased supply of in-demand high THC flower products and new product launches across flower, pre-roll joints, vapes, edibles and beverages expected to improve market share. Additionally, the Company recently implemented a portfolio optimization strategy that is designed to improve distribution of high-velocity and high-margin products while reducing supply chain complexity and improving service levels on priority SKUs. The portfolio optimization work, along with increased sales, is expected to lead to improved gross margin in the Canadian operations. The company remains optimistic about its growth opportunities in the U.S. for both its BioSteel ready-to-drink beverages and its portfolio of CBD brands. Brand awareness continues to rise, velocity is tracking in-line with expectations and feedback from distributors and retailers has been positive. BioSteel is expected to see its distribution ramp up over the balance of FY2022 and into FY2023 driven by increased listings with national and regional chain accounts. Implementation of the previously announced cost savings program is well underway, with the company having realized $70 million, including $32 million in Q2 FY2022, of the $150 million to $200 million in cost savings expected by the end of the first half of FY2023. The company is taking steps to reduce/delay discretionary spending and further tighten G&A expenses, an effort that is also expected to contribute to the Company achieving positive adjusted EBITDA.
Redbox initiated with a Buy at Canaccord 07:16 RDBX Someone is going to have to explain Redbox to me-- this feels like a big scam. Who has one in their town and who uses one....
NFLX was down $20 yesterday and almost was pulled from THE GARDEN- Netflix upgraded to Buy on increasing operating margin at Erste Group 07:12 NFLX Erste Group analyst Hans Engel upgraded Netflix to Buy from Hold. Netflix should continue to increase its operating margin in 2021 and also intends to expand the operating margin by an average of three percentage points per year, noted Engel, who adds that Netflix's growth is "particularly strong" in Asia. LVMH upgraded to Buy on continued high growth at Erste Group 07:08 LVMUY ECONOMIC UPDATE----- D-DAY -->450K is the average call on jobs I am the HIGH guy. My work shows 850,000 new jobs. That's right I am calling for a doubling of the average on jobs! How will the market react?
Shake Shack upgraded to Buy from Neutral at BTIG 07:01 SHAK BTIG analyst Peter Saleh upgraded Shake Shack to Buy from Neutral with a $100 price target. Despite the sales and margin miss in Q3, the company's fundamentals appear to have "bottomed", and the return to work along with an increase in tourism activity should drive outperformance, the analyst tells investors in a research note. Saleh adds that while he has limited visibility on commodities, the more aggressive price increase taken in October is evidence that management will defend margins at this level. I've been negative from $90. SHAK @ $78 Wil have to relook at this.
The Morning Mailbag Stoney!!! You never listen. The savant wrote this in mid-September, C3AI was right where its at now. We had the pullback and as I wrote at least 3X here when it was below $45... buy it! You missed another 10%'r. That's ok though, AI has plenty of room above it. Did you notice Copart hit $157 yesterday? VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV PFE----------> $49 And it's an elephant! Remember when I said Peleton was toast?! Hmmmm. Scooch over Stoney... Gimme a little elbow room huh?
GBA Discovery Of Floor And Decor has been noteworthy. $90--> $143. Floor & Decor price target raised to $160 from $135 at Baird 06:56 FND GXO Logistics price target raised to $118 from $99 at Deutsche Bank 06:54 GXO Deutsche Bank analyst Amit Mehrotra raised the firm's price target on GXO Logistics to $118 from $99 and keeps a Buy rating on the shares. The company's first quarter out of the gate showcased organic growth of 12% and double-digit growth next year, Mehrotra tells investors in a research note. He now estimates GXO can earn $800M in EBITDA in 2023. Canada Goose reports Q2 adjusted EPS C$0.12 vs. C$0.10 last year » 06:54 GOOS Not a huge overwhelming beat but this stk I believe has had the stuffing kn knocked out of it! GOOS $40
VAN-- my chart division has been flashing this FLR for two weeks---> Fluor raises FY21 adjusted EPS view to 85c-$1.00 from 60c-80c, consensus 61c 06:52 FLR GBA UPGRADE FLR
<<<< analyst Battle-!>>>> Iovance Biotherapeutics price target lowered to $43 from $46 at H.C. Wainwright 06:28 IOVA Iovance Biotherapeutics price target raised to $20 from $18 at Piper Sandler 05:06 IOVA Confluent price target raised to $97 from $52 at JMP Securities 06:20 CFLT Builders FirstSource price target raised to $90 from $75 at Barclays 06:17 BLDR Advanced Drainage price target raised to $135 from $130 at Barclays 06:15 WMS Barclays We profiled this name a few times at $95-$100 in the last thread. WMS-$121