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B. Riley Downgrades Fabrinet, II-VI, Says Optical Companies 'Will Suffer The Consequences' Of Tariffs
Tuesday, September 4, 2018 - 3:20pm | 475Read More...Shares of optical technology companies Fabrinet (NYSE: FN) and II-VI Inc. (NASDAQ: IIVI) were slipping Tuesday after B. Riley FBR downgraded the stocks due to macroeconomic uncertainty and valuation reasons. The Analyst B. Riley Financial analyst Dave Kang downgraded Fabrinet from Buy to...
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Why It's Too Soon To Judge Apple's Next Product Cycle
Thursday, September 21, 2017 - 2:38pm | 1008Read More...Apple Inc. (NASDAQ: AAPL) shares fell to an intra-day low of $153.83 Wednesday, down 3.1 percent before they trimmed some of the losses and settled down 1.7 percent at $156.07 for the day. Commenting on the weakness, B. Riley & Co. analyst Craig Ellis said it could be due to two reasons,...
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AMC-Carmike Merger Approved: AMC Is Now The Nation's Largest Movie Chain
Tuesday, November 15, 2016 - 3:34pm | 247Read More...AMC Entertainment Holdings Inc (NYSE: AMC)'s November has been a hit for the company. Shares are already up 10 percent in November following a record third quarter. AMC is following its strong results with an approved merger deal with Carmike Cinemas, Inc. (NASDAQ: CKEC) to become the nation's...
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JC Penney Had A Worse September Than The Street Is Expecting
Monday, October 3, 2016 - 7:57am | 323Read More...B. Riley’s Jeff Van Sinderen mentioned that industry checks indicate there have been increased headwind for seasonal apparel categories during September, possibly exacerbated by the warm weather. Van Sinderen maintained a Buy rating on J C Penney Company Inc (NYSE: JCP), with a price...
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Pandora Upgraded To Buy At B. Riley & Co. Amid Wall Street's Low Expectations
Monday, May 23, 2016 - 11:30am | 171Read More...B. Riley & Co.'s Sameet Sinha upgraded Pandora Media Inc (NYSE: P) from Neutral to Buy, while raising the price target to $15.00 from $10.00. "Expanding margins, favorable new Product economies should drive upside" do not reflect Pandora's low price, said Sinha. Pandora traded at 1.4x 2017...
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B. Riley On Steve Madden: We're Buyers At Multi-Year Low
Tuesday, January 12, 2016 - 1:12pm | 251Read More...B. Riley issued a company note on Steve Madden, Ltd. (NASDAQ: SHOO) after the company issued preliminary Q4 2015 results that were primarily in line or exceeded expectations. B. Riley rates Steve Madden as Buy with a $48 price target. Analyst Mitch Kummetz wrote, "Retail comps exceeded...
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Do Apple Risks Kill Skyworks Investors?
Thursday, January 7, 2016 - 11:34am | 320Read More...The share price of Skyworks Solutions Inc (NASDAQ: SWKS) has declined 32.32 percent over the past six months, to a low of $69.15 on January 6. B. Riley analysts have maintained a Buy rating on the company, with a price target of $127. The stock has dipped 11.3 percent over the past two...
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Avon-Cerberus Investment Could Signal Cash Flow 'Uncertainty,' Analyst Warns
Friday, December 18, 2015 - 11:16am | 314Read More...Avon Products, Inc. (NYSE: AVP) shares have declined 56.34 percent year-to-date, with the share price declining almost to the 52-week low on November 13 at $2.50. B. Riley analysts have maintained a Neutral rating on the company, with a price target of $3.30. The analysts expect the...
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B. Riley Goes Neutral On Dicks Sporting Goods: Here's Why
Friday, December 18, 2015 - 10:29am | 224Read More...Shares of Dicks Sporting Goods Inc (NYSE: DKS) have declined 31.7 percent over the past six months, falling to a low of $36.18 on Thursday. B. Riley’s Mitch Kummetz has initiated coverage of the company with a Neutral rating and price target of $41. Kummetz expressed concern...
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These Analysts Are Selling Marvell
Tuesday, October 27, 2015 - 10:20am | 535Read More...Marvell Technology Group Ltd. (NASDAQ: MRVL) shares have declined 45.4 percent year-to-date, with a 16 percent decline over the past trading day. UBS’ Stephen Chin has downgraded the rating on the company from Neutral to Sell, while lowering the price target from $9.10 to $6.00. Craig...
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Spending Time With Some Of The Top Names In Shoes
Monday, September 21, 2015 - 3:10pm | 665Read More...Jeff Van Sinderen of B. Riley & Co. recently held discussions with management teams from major shoe companies. Van Sinderen maintained Buy ratings on Cherokee Inc (NASDAQ: CHKE) and Steven Madden, Ltd. (NASDAQ: SHOO). Van Sinderen maintained Neutral ratings on Stage Stores Inc (NYSE: SSI) and...
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IRS Decision Could Overshadow Yahoo's Q2 Results
Friday, July 17, 2015 - 1:12pm | 586Read More...Investors might be too distracted to care how Yahoo! Inc. (NASDAQ: YHOO) performed during the second quarter. "It's always tough to get a good read on Yahoo because there's so many changes," B. Riley & Co. analyst Sameet Sinha told Benzinga. "Ultimately it comes down...
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Google Expected To Deliver Low Double-Digit Growth
Thursday, July 16, 2015 - 12:17pm | 378Read More...Shares of Google Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) are surging on Thursday, ahead of the announcement of the company’s second quarter financial results scheduled for after the market closes. According to Estimize, earnings are expected to come in up more than 11 percent year-over-year....
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Google's Q2 Expected To Be In-Line, Some Analysts Are Still Concerned
Wednesday, July 15, 2015 - 2:02pm | 392Read More...Investors have mixed expectations for Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), which will report its Q2 2015 results on Thursday after the close. "I think the revenues should come in-line, EPS a little ahead of consensus," B. Riley & Co. analyst Sameet Sinha told Benzinga....
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Brightcove Shares Upgraded To Buy Amid 'Strong Q, Momentum'
Wednesday, April 29, 2015 - 10:15am | 207Read More...In a report published Wednesday, B. Riley analysts upgraded the rating on Brightcove Inc (NASDAQ: BCOV) from Neutral to Buy, while raising the price target from $7.50 to $9.40. Heightened activity in the online video ecosystem over the past couple of quarters is benefiting Brightcove. The company's...
