Farfetch price target lowered to $26 from $34 at BTIG 04/11 FTCH BTIG analyst Marvin Fong lowered the firm's price target on Farfetch to $26 from $34 but keeps a Buy rating on the shares. The analyst states that his clickstream tracking suggests that the company had a "reasonably solid quarter", with March performance showing improvement after a "sluggish" February. Fong adds that at a financial conference in early March, about two weeks after the beginning of hostilities in Ukraine, Farfetch acknowledged its Russia exposure but also noted that it was shifting demand generation spending to replace the lost demand. Show Related Items >> Farfetch shares 'compelling' after Neiman Marcus pact, says Jefferies 04/06 FTCH Jefferies analyst Ashley Helgans says Farfetch's strategic partnership with Neiman Marcus exemplifies the company's ability to monetize its platform beyond the luxury marketplace and diversify sales towards higher margin, recurring revenue streams. With the shares down 50% year-to-date and "multi-year growth drivers," current Farfetch levels offer a "compelling" entry point, Helgans tells investors in a research note. She says Farfetch Platform Solutions is transforming the company from an online luxury retailer to a tech provider to retail and brand partners. Helgans, who reduced Farfetch estimates to reflect macro headwinds and the weaker European consumer, keeps a Buy rating on the shares with a $25 price target. FTCH-$12.12<------------ Boy the risk/ reward here is really good down side $1 Upside $12. MAY TAKE A BIT TO PLAY OUT ADDING FARFETCH TO THE BARE ESSENTIAL PORTFOLIO @ $12.!
TWILIO>>>> UP 2.5% on a red tape!!!! UPST down 1.5%>>>> SEE VZ's POST FROM YESTERDAY It's time for some country music readers:
<<<THE OFFICIAL GUMYBEAR ADVISORS BARE ESSENTIAL PORTFOLIO>>> APRIL 18 start- DAVE & BUSTERS-$46.50 CONSTELLATION BRANDS$254 US FOOD-$36 RH-$326 LESL-$20.15 ABEV-$3.12 SHAK- $61.60 NIKE- $132 STEVE MADDON- $41 DESIGNER BRANDS- DSW- $14.80 <<GBA SPECIAL SITUATIONS>> SIX FLAGS $41.50 XPOF-$22.50 DOUG (RE NY & Fla)-$6.75 EVOLVE tech- (security from guns public transit) $2.50 <<GBA TECH>> --> WOLF-$115 -->UPST- $79.50 -->PLTR-$12 Health & Bio- PFE- still own I lied. <--------------$50 Inserting previously owned IOVA- $16 ( my favorite biotech ) ***NEW BUYS/ A)GRID DYNAMIC-$15.25 B)CAPSTONE GREEN ENERGY- $3.46 C)FARFETCH- $12 D)CONFLUENT- $36
Alright good work all. I have a birdhouse to clear out and Delphiniums to plant! It is gardening season sort of (chilly) /// The Portfolio needs 1 high yield idea (Vipor Energy?) Viper Energy Partners LP (VNOM)- 4.47% yield NasdaqGS - NasdaqGS 30.79+0.27(+0.88%) As of 10:18AM EDT. No % here but watch--> Recent IPO Excelerate Energy, Inc. (EE) NYSE - Nasdaq Real Time Price. 24.05+0.33(+1.39%) As of 10:19AM EDT. I thought ABT had a slightly higher yield. Abbott Laboratories (ABT)- 1.53% NYSE - Nasdaq Real Time Price. 120.40-2.97(-2.41%)
Tell you a stock I love-- British American Tobacco p.l.c. (BTI)-6.8% Yld NYSE - Nasdaq Real Time Price. 43.28-0.24(-0.55%) As of 10:22AM EDT. Double bottom at $39 // Went from $31---$46 Dec 2021- Feb 22' We owned it in a different thread and enjoyed some of that move. Now retraced with the war... IS SMOKING A BARE ESSENTIAL? IN EUROPE-- YES.
British American Tobacco upgraded to Overweight from Neutral at JPMorgan 03/24 BTI JPMorgan analyst Jared Dinges upgraded British American Tobacco to Overweight from Neutral with a price target of 4,000 GBp, up from 3,550 GBp. The analyst says vapor is a "key pillar" for the future of the nicotine industry and that British American Tobacco is "best placed" to take advantage of the transition toward profitability. The company's vapor opportunity is "greater than previously assumed," Dinges tells investors in a research note.
Obviously Russians smoke alot of cigs- British American Tobacco taking steps to exit Russia, revises FY22 guidance 03/11 BTI British American Tobacco issued the following Russia business update and revised guidance in a notice to the London Stock Exchange: "At BAT we pride ourselves on our values and our ethos. We join together as one company to call on all leaders and governments to find a peaceful and sustainable resolution to this tragic conflict through the power of dialogue and diplomacy. Building on our announcement of 9th March 2022, we have now completed the review of our presence in Russia. The context is highly complex, exceptionally fast-moving and volatile. We have concluded that BAT's ownership of the business in Russia is no longer sustainable in the current environment. Today, we have initiated the process to rapidly transfer our Russian business in full compliance with international and local laws. Beyond continuing to pay our 2,500 employees, we will do our utmost to safeguard their future employment. Upon completion, BAT will no longer have a presence in Russia. Following our decision today, and in light of the continuing uncertainty related to Ukraine and Russia and the possible indirect impact on the rest of the Group, we consider it prudent to revise our guidance for full year 2022. We now expect constant currency Group revenue growth of 2% to 4% and Mid-Single Figure constant currency adjusted diluted EPS growth. In 2021, Ukraine and Russia accounted for 3% of Group revenue and a slightly lower proportion of adjusted profit from operations."
Page 197 now! I remember when it was 50. WE NEED OUR SPACE SECTION-! WE NEED A HIGH YIELD PLAY-! WE NEED BETTER HEALTH & MEDICAL-! WE NEED AN APOLOGY FROM VAN-! -CAN WE DO ALL OF THAT BEFORE THE MAY 7? ~stoney