Browsing: Analyst

There’s no doubt about it, the Switch is Nintendo’s biggest hit ever. The system has moved a whopping 156+ million units since launch, and it continues to find customers and move tons of software. Nintendo truly turned things around after the misfire of the Wii U, and one analyst thinks Japan’s game industry may have…

Roblox Corporation (NYSE:RBLX – Get Free Report)’s share price gapped up prior to trading on Monday after Wedbush raised their price target on the stock from $40.00 to $48.00. The stock had previously closed at $45.50, but opened at $47.50. Wedbush currently has a neutral rating on the stock. Roblox shares last traded at $48.0180,…

Flutter Entertainment’s second quarter results were met with a significant negative market reaction, reflecting investor concerns about profitability despite solid revenue growth. Management pointed to deliberate investments in the U.S. business—especially increased customer promotions and the rollout of an expanded loyalty program—as factors that weighed on near-term earnings. CEO Peter Jackson acknowledged, “We recognize that…

The futures are trading higher as we get set to wrap up one of the wildest weeks on Wall Street in some time. Following a massive 1100-point DJIA sell-off, we got a Thursday snapback rally that made heads spin and erased much of the mid-week losses. Some big numbers from Microsoft Corporation (NASDAQ: MSFT |…