btig

Allergan's (NYSE: AGN) strong showing in its recent second quarter suggests an acquirer may need to offer "north of $200 a share," one analyst said Tuesday. Valeant Pharmaceuticals' (NYSE: VRX) $53 billion unsolicited bid for Allergan was rejected last month. The bid equaled $...

BTIG analyst Sean Lavin initiated coverage on Masimo (NASDAQ: MASI) with a Buy rating and $32.00 price target. Lavin is optimistic on the medical technology company's future, seeing limited downside for the underperforming stock. The analyst wrote, “We see multiple things that could...

In a note released Tuesday, BTIG Equity Research analyst Sean Lavin M.D. initiated coverage on Intuitive Surgical (NASDAQ: ISRG) with a Neutral rating, but has yet to set a price target. Lavin explained he is optimistic on the long-term outlook of the stock, but sees near-term troubles. He...

Shares of Dr. Pepper Snapple (NYSE: DPS) are down Thursday morning after BTIG initiated the company with a Sell rating and $50 price target (19.8 percent downside). Analyst Theo Brito writes, “Despite whitespace for both Dr Pepper and Snapple, DPS is not gaining distribution. We believe...

Wall Street appeared comfortable with the latest big healthcare merger, this one the acquisition of Covidien (NYSE: COV) by Medtronic (NYSE: MDT), a deal which turns eyes to Johnson & Johnson (NYSE: JNJ). "We expect many investors will expect J&J to buy something in the cardiac...

Apple's (NASDAQ: AAPL) quarterly earnings could get a boost now that the company has changed its upgrade policies. "Our interest in Apple now is primarily driven by the upgrade cycle that, in the United States, may be improving given some changes that they've made in how they're selling phones...

Netflix (NASDAQ: NFLX) streamed 6.5 billion hours (271 million days) of content to subscribers during the first quarter, two billion of which was streamed during January. Traders, as expected, are responding positively to the record high volume. Analyst Richard Greenfield of BTIG gave his...

The Financial Times reported that Apple (NASDAQ: AAPL) is on the verge of acquiring Beats Electronics for $3.2 billion. Not long after that report hit the Web, the Los Angeles Times said that two independent sources confirmed that Apple and Beats had discussed a possible acquisition. This...

PepsiCo (NYSE: PEP) will report its first quarter results early Thursday morning before market open. Analysts are expecting the beverage and snack maker to earn $0.75 per share on $12.43 billion of revenue. Pepsi last reported its quarterly results on February 13 when it earned $1.05 per share,...

In a commercial that aired on the IFC Channel, Amazon (NASDAQ: AMZN) appeared to be taking on Netflix (NASDAQ: NFLX) in the battle for streaming customers. Amazon’s pitch, captured by BTIG analyst Rich Greenfield and placed on his YouTube channel, was simple. The ad said that with an Amazon...