The Latest Breaking News from Loop Capital

Loop Capital analyst Scott Graham initiated coverage of Xometry Inc (NASDAQ:XMTR) with a Buy rating and a $50 price target, implying a 30% upside. The analyst noted Xometry’s revenue growth is driven by core buyers increasing the platform use and attracting new buyers at various organizations. Graham is optimistic about the company’s revenue streams and…

Morgan Stanley analyst Benjamin Swinburne has an Overweight rating and a $170 price target (28.3% upside) on The Walt Disney Co (NYSE:DIS). Swinburne saw Disney implementing Technology and operational tools in its parks that should drive structurally higher growth and incremental margins, and he raised his Parks estimates accordingly.  Swinburne, who saw a multi-year period…

GMS Inc (NYSE:GMS) was initiated by Loop Capital analyst Jeffrey Stevenson, with a Buy rating and a price target of $62, implying an upside of 17%. The analyst mentions GMS has several positive catalysts that will move the shares higher. Stevenson thinks the share pullback from recent highs presents an attractive long-term entry point.…

Analysts slashed their price target on BJ's Wholesale Club Holdings Inc (NYSE:BJ) following the release of Q4 results. Credit Suisse analyst Robert Moskow lowered the price target to $70 from $80 and kept an Outperform rating on the shares, implying a 24% upside. Moskow thinks the pullback in the stock after weak Q4 results is an…

Analysts lowered their price target on Domino's Pizza Inc (NYSE:DPZ) following the company's Q4 results. Citi analyst Sergio Matsumoto lowered the price target to $480 (18% upside) from $540 and kept a Neutral rating on the shares. The analyst cited forecast decreases and market conditions for the reduced price target. Barclays analyst Jeffrey Bernstein lowered…

Analysts raised their price targets on Anaplan Inc (NYSE:PLAN) post Q4 results. Mizuho analyst Siti Panigrahi raised the PT to $65 from $60 (26.7% upside) and kept a Buy.  The company posted Q4 results and raised its fiscal 2023 guide above consensus estimates, the latest back-office player to benefit from the enterprise spending resumption. Wells…

Analysts mostly raised their price targets on Workday Inc (NASDAQ:WDAY) post Q4 results. Wells Fargo analyst Michael Turrin raised the PT to $340 from $325 (39.1% upside) and kept an Overweight.  Turrin expects Workday shares will see a boost from Q4 results as the company delivered a clean set of Q4 metrics and a meaningful…

Loop Capital analyst Chris Dankert raised the price target on WESCO International, Inc. (NYSE:WCC) to $170 (an upside of 32.4%) from $160 and maintained a Buy rating on the shares. The analyst cites the company's Q4 earnings beat and better than expected 2022 guidance. He also sees further upside potential to 2022-2023 estimates from increasing…

Loop Capital analyst Fahad Najam initiated coverage of Arista Networks Inc (NYSE:ANET) with a Buy rating and $157 price target (28% upside) while also naming the stock his Top Pick for 2022.  The company is a franchise name in networking with further significant opportunities in the hyper-scale Data Center Switching market and a growing…