Canaccord Genuity

Nike Inc (NYSE: NKE) investors’ patience for a turnaround may be starting to wane. “Patience is wearing thin and panic may be setting in,” said Canaccord Genuity analyst Camilo Lyon as he lowered fiscal year 2018 estimates from $2.34 to $2.32. Since 2015's all-time highs, shares...

Blue Apron Holdings Inc (NYSE: APRN) management is confident it can overcome its short-term challenges and co-exist with Amazon.com, Inc. (NASDAQ: AMZN). The meal delivery service has delivered one of the most disappointing IPOs of 2017. Since hitting the market in late June, shares have declined...

Apple Inc. (NASDAQ: AAPL), which has emerged as a Wall Street darling, sent sell-side into a tipsy with its long-awaited launch of its next iteration of iPhone, code named the iPhone X. Up until now, rumors were flying thick and fast concerning its features, functionalities, pricing, etc....

Aurinia Pharmaceuticals Inc (NASDAQ: AUPH) fell 2.6 percent Wednesday as the Street reacted to an ostensible downgrade. Canaccord Genuity’s John Newman had long been confidently bullish on the stock, so when a new note updated coverage with a “speculative” Buy, traders...

Following the Hot Chips conference and a round of customer and industry channel checks, Canaccord Genuity's bullish long-term thesis remains intact on Avanced Micro Devices, Inc. (NASDAQ: AMD). With momentum building for Ryszen desktop, EYPC server products and solid gaming GPU demand things are...

United Technologies Corporation (NYSE: UTX) officially announced its long-rumored $30 billion buyout of Rockwell Collins, Inc. (NYSE: COL). United will pay $93.33 in cash and $46.67 in United stock, a combined takeout price of $140 per share. United announced that Rockwell Collins will be merged...

Were Foot Locker, Inc. (NYSE: FL) and Finish Line Inc (NASDAQ: FINL)'s devastating second quarters largely due to Nike Inc (NYSE: NKE)'s fall from grace? Nike's struggles are well noted, and retailers heavily dependent on the brand have been getting crushed lately. Nike accounted for a...

Although concerns persist about implementing a federal infrastructure plan, healthy macro trends, better visibility from the FAST Act and improved funding environment bodes well for the industry according to a new report. “An uptick in materials demand points to looming improvement for...

Prior to Foot Locker, Inc. (NYSE: FL)'s devastating second-quarter report, no analysts held a particularly bearish stance toward the company. That has quickly reversed course, with Canaccord Genuity joining in on the downgrades, lowering its rating from a Buy to a Hold. “At issue is a soft...

Canaccord Genuity analyst Camilo Lyon thinks the shoe retailer is working on something big. After meeting with Steven Madden, Ltd. (NASDAQ: SHOO) management, Lyon believes the shoe company is creating a private-label brand for Amazon.com, Inc. (NASDAQ: AMZN), a deal that will compound revenue...