btig

Innovation is the only constant in the constantly evolving tech world, and companies risk their very existence and survival if they remain stagnant and don't innovate. Facebook Inc (NASDAQ: FB) has been aggressive in catering to the changing customer preferences and tastes, either by innovating...

BTIG upgraded Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) following the release of its second-quarter results, which showed directional change in traffic trends. Shares were rallying 13.40 percent to $60.95. Analysts Peter Saleh and Ben Parente believe the consumer is finally rewarding the...

FireEye Inc (NASDAQ: FEYE) reported Tuesday a better-than-expected earnings report, which not only propelled shares higher by 7 percent, but the company confirmed a turnaround story is "starting to see some traction," at least according to analysts at BTIG. The firm's Joel Fishbein maintains a Buy...

Western Digital Corp (NASDAQ: WDC) reported a solid beat for the fourth quarter on Thursday, with EPS coming in at $2.93 and $4.84 billion in sales compared to the Street’s estimated $2.81 EPS and $4.81 billion in sales. The company also issued Q1 EPS guidance of $3.25–3.35 compared to...

Ahead of its earnings date, investors should have high expectations for PayPal Holdings Inc (NASDAQ: PYPL) as the stock is trading up nearly 50 percent over the last seven months. “At this juncture, we believe investors in PYPL shares will be looking not only for an earnings beat and perhaps...

Just a day after Credit Suisse reinstated an Outperform rating on Johnson & Johnson (NYSE: JNJ) based on future gain from Actelion, BTIG and Atlantic Equities downgraded the stock from Neutral to Sell and Underweight, respectively, for nearly the opposite reason. Atlantic Equities: Weak Setup...

After a strong run that sent shares of Insulet Corporation (NASDAQ: PODD) up 50 percent over the last year, BTIG analyst Sean Lavin finally sees shares as fairly valued. This pushed him to downgrade Insulet to a Neutral rating. “We do not feel a reasonable revenue multiple would provide us...

BTIG analyst Edward Parker believes Western Digital Corp's (NASDAQ: WDC) story is no longer price about, it is about culture. “While much of the daily drama seems moot if WD successfully wins injunctive relief to maintain the status quo, i.e. stop Toshiba’s [Toshiba Corp (USA...

BTIG said in a note on Friday it is disappointed with the performance of Celgene Corporation (NASDAQ: CELG)'s mongersen and ozanimod. Mongersen is Celgene's an anti-inflammatory, anti-sense oligonucleotide, which is being studied to treat Crohn's disease, which is a chronic inflammatory bowel...

Cloud computing software company Nutanix Inc (NASDAQ: NTNX) has been in the news recently after Google parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) announced Wednesday a partnership with the former. On the news, Nutanix shares jumped over 9 percent on Wednesday. Improving Story Close on...