All Reports

Yesterday, Lyft (LYFT; $14.76; O/P) disclosed in a blog post that it is now offering its on-demand rideshare services in Montreal and Quebec City, Canada, which should be followed by other “major cities” in the…

We raise our target from $205 to $240 on the shares of Jabil (JBL; $196.20; O/P) as we increase our F2025/F2026E (Aug) from $8.95/$10.05 to $9.37/$10.75 after the company produced an especially healthy FQ3 (May)…

Jabil (JBL; $180.82; O/P) reported FQ3 (May) “core” non-GAAP EPS of $2.55, which handily beat our $2.27 and the Street’s $2.31 on sales of $7,828mm that were well above our $7,025mm and the Street’s $7,059mm….

Last week, Lyft (LYFT; $15.02; O/P) announced its Media division, which is the company’s dedicated media and advertising business, is adding new ad formats in a move aimed at enabling its brand partners to leverage…

We are raising our target from $180 to $205 and reiterate our Outperform on the shares of Jabil (JBL; $178.43) ahead of the company’s FQ3 (May) results and guidance, scheduled for Tuesday (6/17 before market). We…

This morning, DoorDash (DASH; $218.46; E/W) announced it acquired privately held Symbiosys, an advertising technology provider, for $175mm, as part of a major update to its high margin advertising business. At the same time, DASH…

We are raising our target on the shares of TE Connectivity (TEL; $166.39; O/P) from an outdated $160 to $190, which assumes just a market multiple of ~21X our relatively more conservative C2026E EPS despite…

We think recent news flow from and around Uber Technologies (UBER; $87.37; E/W) further highlights the significant opportunities for the company’s rideshare network to continue to evolve and diversify over the longer term. More to…

We are raising our outdated price target from $85 to $110 on the shares of Amphenol (APH; $92.96; O/P) given our increased confidence in our above consensus forecasts (see table) after some incrementally positive data…

We are raising our outdated price target on the shares of Celestica (CLS; $120.73; O/P) from $110 to $150 as we increase our 2025/2026E EPS from $5.00/$5.70 to $5.35/$6.20 to better consider a range of…

We think secular trends behind the proposed IPO of Voyager Technologies highlights an ongoing opportunity for healthy growth in aerospace, defense & space markets for several companies we follow across the supply chain, most notably,…

Yesterday (6/4), Uber Technologies (UBER; $83.93; E/W) announced the launch of senior accounts across the U.S., which is a new feature aimed at making the Uber app more accessible and intuitive for older adults by…

Last night, Sandisk (SNDK; $39.82; E/W) announced that it was launching a secondary public offering of 17mm shares of its common stock that are currently owned by Western Digital (WDC; $54.43; O/P), which should not…

We are raising our F2026E (Jun) EPS for Seagate (STX; $127.23; O/P) from $9.80 to $10.25 (+30% YoY) to correct for our misunderstanding of the company’s new financial targets from its Analyst and Investor Event…

We think recent news flow from the past several days is likely to again “heat up” the discussion for investors on the autonomous rideshare front, especially when it comes to the shares of Lyft (LYFT;…