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Fintech Focus For May 17, 2021
Sunday, May 16, 2021 - 8:38pm | 1714Read More...Quote To Start The Day: “Spring is the time of plans and projects.” Source: Leo Tolstoy One Big Thing In Fintech: Crypto is here to stay — this point is no longer up for debate. It is creating real-world benefits for businesses and consumers alike — benefits like faster,...
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Wendy's Analysts Break Down Q1 Beat: 'Further Upside Exists'
Thursday, May 13, 2021 - 4:08pm | 500Read More...Wendy’s Co (NASDAQ: WEN) shares traded higher Thursday after the company reported impressive first-quarter earnings and raised its full-year guidance. For the first quarter, Wendy’s reported adjusted EPS of 20 cents on revenue of $460.2 million. Both numbers exceeded consensus analyst...
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Bring On The Olive Garden Breadsticks! Analyst Is Bullish For Darden Restaurants
Thursday, May 6, 2021 - 4:08pm | 236Read More...Despite industry-related input costs and labor headwinds, Darden Restaurants, Inc. (NYSE: DRI) could generate above-consensus earnings in fiscal 2023, driven by Olive Garden sales, according to Cowen. The Darden Restaurants Analyst: Andrew Charles upgraded the rating for Darden Restaurants from...
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5 McDonald's Analysts On Q1 Earnings, COVID-19 Recovery
Friday, April 30, 2021 - 4:15pm | 1110Read More...McDonald’s Corporation (NYSE: MCD) saw its stock hit a record high of $236.10 per share Friday following the release of a first-quarter earnings report that saw $5.1 billion in revenue, up from $4.7 billion one year earlier, and net income of $1.54 billion, up from $1.11 billion....
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4 Reasons Why Synaptics Receives Upgrade From Cowen
Tuesday, April 27, 2021 - 11:19am | 321Read More...Recent checks in Taiwan indicate significant price increases for display drivers and touch controllers, suggesting Synaptics, Incorporated’s (NASDAQ: SYNA) margin should inflect, according to Cowen. The Synaptics Analyst: Karl Ackerman upgraded the rating for Synaptics from Market Perform to...
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Why Cowen Loves These 3 US Cannabis Stocks
Tuesday, April 20, 2021 - 1:53pm | 295Read More...The U.S. House of Representatives passed legislation on Monday to allow banks to provide services to cannabis companies in states where it is legal. Republicans are increasingly warming up to adult-use cannabis legalization given the jobs and tax revenue opportunities, Cowen Inc. analyst...
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Fintech Focus For March 26, 2021
Thursday, March 25, 2021 - 7:45pm | 1751Read More...Quote To Start The Day: A lot of issues you see in America are really manifestations of classism. Simple shifts in individual behavior could reduce the wealth gap we have today. Source: Philip Michael One Big Thing In Fintech: According to recent reporting, the consumer trading frenzy could be...
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Domino's, Papa John's Deliver Disappointing Earnings: Here's What Happened
Thursday, February 25, 2021 - 12:05pm | 598Read More...Pizza chain stocks were trading lower Thursday morning after Domino's Pizza, Inc. (NYSE: DPZ) reported a top-and-bottom line fourth quarter miss, while Papa John's Int'l, Inc. (NASDAQ: PZZA) reported mixed results. Domino's Earnings Recap: Domino's said it earned $3.46 per share...
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Chipotle Stock Falls After Q4 Print: Should Investors Buy The Dip?
Wednesday, February 3, 2021 - 1:35pm | 938Read More...Casual restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG) reported Tuesday with fourth-quarter results that prompted a 3% selloff in shares by Wednesday morning. Here's how the Street reacted to the print. The Chipotle Mexican Grill Analysts Raymond James analyst Brian Vaccaro...
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Why This Comcast Analyst Is Turning Bullish: 'Best-In-Class Cable Business'
Wednesday, February 3, 2021 - 12:54pm | 231Read More...Comcast Corporation (NASDAQ: CMCSA) seems to be moving in the right direction, and its stock should outperform over the next 12 months, according to Cowen. The Comcast Analyst: Gregory Williams upgraded Comcast from Market Perform to Outperform and raised the price target from $56 to $60. The...
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Cowen Downgrades Limelight Networks On Revenue Growth, Gross Margin Headwinds
Tuesday, February 2, 2021 - 1:40pm | 266Read More...Limelight Networks, Inc’s (NASDAQ: LLNW) high customer concentration is causing severe pricing pressure that may create a significant impact on revenue growth, while underutilized capacity in South Korea could result in gross margin contraction in 2021, according to Cowen. The Limelight...
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Is Now The Time To Buy Starbucks Stock? 6 Analysts Weigh In On Drop
Wednesday, January 27, 2021 - 5:51pm | 880Read More...Starbucks Corporation (NASDAQ: SBUX) reported Tuesday afternoon with mixed fiscal first-quarter results highlighted by a 5% U.S. same-store sales decline. The coffee chain posted a revenue miss, but EPS beat. Here's how six Starbucks sell-side analysts reacted to the print. The Starbucks...
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Why Cowen Expects Under Armour To Recover Its Brand Momentum
Tuesday, January 26, 2021 - 12:45pm | 241Read More...The consensus estimates for Under Armour Inc (NYSE: UAA) appear conservative through fiscal 2023 given the company’s improving revenue trajectory, gross margin expansion, and mix shift toward direct-to-consumers, according to Cowen. The Under Armour Analyst: John Kernan upgraded Under...
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Cowen's Foot Locker Bull Case: 'Significant Potential'
Thursday, January 7, 2021 - 3:55pm | 253Read More...Foot Locker, Inc’s (NYSE: FL) stock valuation seems attractive given the durability of the company’s competitive position and its stake in GOAT Group, known for its online sneaker offerings, according to Cowen Consumer Tracker Survey. The Foot Locker Analyst: John Kernan...
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4 McDonald's Analysts On Q3 Beat, Golden Arches Analyst Day
Tuesday, November 10, 2020 - 4:42pm | 771Read More...Global fast food giant Mcdonald's Corp (NYSE: MCD) reported third-quarter results Monday and laid out a vision of its future. The McDonald's Analysts Stephens analyst James Rutherford maintains an Overweight rating on McDonald's with an unchanged $250 price target. Raymond...
