Cowen

Following strong Phase I and II data on Tuesday from three different triple combo regimens for cystic fibrosis, shares of Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) rocketed 30 percent Wednesday to $162.07. The stock’s climb to a new all-time high was assisted by a string of analyst...

Chipotle Mexican Grill, Inc. (NYSE: CMG) investors can’t seem to catch a break lately. The stock fell 4.4 percent on Tuesday on reports that Chipotle was forced to close one of its Virginia restaurants due to an illness outbreak and was down another 2 percent Wednesday morning. Here’s a...

Netflix, Inc. (NASDAQ: NFLX) shares surged 13.3 percent on Tuesday after the company reported blowout subscriber growth in Q2. A number of Wall Street analysts commented on the stock following the report. The stock closed Tuesday at a new all-time high of $183.60, up 13.5 percent on the day. Here...

Chipotle Mexican Grill, Inc. (NYSE: CMG) confirmed Tuesday that several customers who dined at a restaurant in Virginia reported symptoms of norovirus. A total of eight people indicated on iwaspoisoned.com they suffered from vomiting, stomach pains, diarrhea, dehydration and even hospitalization...

Grubhub Inc (NYSE: GRUB) shares shot up during Wednesday after Cowen analyst Thomas Champion upgraded the stock to Outperform with a $54 price target. He sees Grubhub’s growth profile and leadership as underappreciated. “We forecast 22% annual revenue growth and 28% EBITDA growth for...

Cowen analyst Eric Schmidt thinks the experimental drug TNT009 could change the way investors think about Bioverativ Inc (NASDAQ: BIVV). Schmidt upgraded the company from Market Perform to Outperform and raised its price target from $47 to $80. Bioverative spun off from Biogen Inc (NASDAQ: BIIB)...

Micron Technology, Inc. (NASDAQ: MU) announced last week its fiscal third-quarter results, which showed 92-percent year-over-year revenue growth to $5.57 billion and non-GAAP earnings per share of $1.62 compared to $0.90 in the year-ago period. The results were ahead of the consensus estimates....

Nike Inc (NYSE: NKE) may be surging after a fourth-quarter earnings beat, but its performance in North America is a cause for concern. “The continued decline of Nike’s U.S. business is disturbing. Outside the U.S. there is much greater parity between Adidas and Nike,” Matt Powell...

Walgreens Boots Alliance Inc (NASDAQ: WBA) proposed back in 2015 to fully acquire Rite Aid Corporation (NYSE: RAD) in a deal that would value the smaller pharmacy retail chain at $9 per share. But regulatory concerns are part of the reason why the merger agreement is officially off the table....

Evolent Health Inc (NYSE: EVH), a provider of an end-to-end, technology-enabled services platform for healthcare providers, is an underappreciated stock that is best positioned to capitalize on the evolving healthcare landscape, analysts at Cowen stated in a research report. Cowen's Charles Rhyee...