We're raising our fair value estimate to $570 per share from $550.
We are slightly decreasing our fair value estimate.
Growth in Snap’s user count and user monetization were also impressive. We have increased our fair value estimate.
We're raising our fair value estimate, but we recommend new investors wait for a margin of safety before investing.
We are maintaining our $65 fair value estimate for wide-moat Intel and see the shares as modestly undervalued.
The strong performance was partly due to pandemic headwinds in the second quarter of 2020 creating weaker comparisons.
The firm has also announced additional strategic moves this week that should benefit the business.
We plan to raise our fair value estimate to reflect time value and increased guidance.
The company's second quarter was the strongest in four years.
The company continues to innovate across segments, adding support to its wide moat.
We see the new mobile games offering as a distraction at best from the core business.
In IBM’s second quarter, the company dealt with continued headwinds to its managed infrastructure business because of the option to now have public cloud providers manage workloads, while also benefiting from cloud tailwinds in its software and business services portfolio.
Though it has a positive medium- and long-term growth trajectory.
It reported strong Q2 results and high capital returns.
We are decreasing our fair value estimate for the firm by about 4.5% to $52.50 per share from $55 to account for Morningstar’s assumption of higher corporate taxes in the model and as we increase our near-term assumptions on fuel expense considerably to reflect higher oil spot prices.
We're maintaining our fair value estimate of $35 per share.
Wells remains our top pick among the traditional U.S. banks.
We are leaving our $880 per share fair value estimate in place.
We are increasing our fair value estimate for the wide-moat firm.
We’re increasingly viewing the stock as a quintessential buy-and-hold investment.
We expect gradual inventory improvement throughout the year.
We expect fewer vaccinations in Q4.
We continue to believe that antitrust and other regulatory risks are manageable and that Facebook’s share price already reflects these risks.
The increased fair value estimate comes from our outlook for higher long-term profitability in the automotive segment.
As all banks 'passed,' we expect sizable share repurchases to be forth coming, and dividend hikes are also on the table.
We think some estimates of the housing shortage are too severe.
Wide-moat Adobe reported strong second-quarter results, including upside to guidance for revenue and non-GAAP EPS, and provided a better-than-expected third-quarter outlook.
We think the proposed elimination of the 1031 exchange will have limited impact on U.S. REITs.
This decision adds certainty to related health insurance programs.
We expect to update the rate outlook in our banking models to incorporate rate hikes.
We've raised the firm's fair value estimate to $401 from $350 per share.
We're maintaining our $7 fair value estimate.
Given exceptional results and strong guidance, we are once again raising our estimates, which drives our fair value estimate to $245 per share from $223. We still view shares as overvalued.
We’re not changing our $97 fair value estimate.
The outperformance was likely a result of greater-than-expected demand for discretionary items and recovering warehouse traffic.
Revenue was strong, but margins were even stronger.
Shareholders support the narrow-moat company's proposal, however, Scope 3 emissions present a different challenge.
Despite the victory for Engine No. 1, we do not expect a wholesale change in strategy.
The court-ordered targets are well beyond Shell’s current plans of reducing carbon intensity by 20% in 2030 and moving to net zero by 2050.
It continues to execute well in expanding its data center business.
Our fair value estimate remains at $4,200 per share.
We are raising our fair value estimate for narrow-moat Cisco to $50 per share from $48, and view shares as fairly valued.
We're likely to increase the company's fair value estimate.
We suggest investors await a more attractive entry point.
We expect to raise our fair value estimate for the no-moat company.
We're increasing our fair value estimate after the firm's strong sales growth.
The firm raised an estimated $7.7 billion from its sales of shares.
We don’t expect to change the firm's $36 fair value estimate.
Revenue fell short of FactSet consensus but operating income came in well ahead of Street expectations.
It continued to benefit from the U.S. travel recovery and preference for more staycations.