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Aurora Cannabis Analysts On Pros, Cons Of Entry Into US CBD Market
Thursday, May 21, 2020 - 11:55am | 850Read More...Aurora Cannabis Inc (NYSE: ACB) shares are on a roll yet again, this time in reaction to its announcement that it is entering the U.S. market through an M&A deal. The Aurora Cannabis Analysts Cantor Fitzgerald analyst Pablo Zuanic maintained an Overweight rating on Aurora...
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A Modern Retail Winner: Wall Street Bullish On Walmart Following Big Q1
Wednesday, May 20, 2020 - 10:16am | 609Read More...Walmart Inc (NYSE: WMT) shares are ticking higher after falling Tuesday following the retail giant's better-than-expected earnings numbers amid the COVID-19 crisis. Walmart reported 74% online sales growth and 10% same-store sales growth in the first quarter. Walmart also reported EPS of $1.18 on...
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Splunk Analysts Bullish Despite Investor Pullback Following Q4 Print
Thursday, March 5, 2020 - 12:15pm | 940Read More...Data analytics company Splunk Inc (NASDAQ: SPLK) reported a disappointing fourth-quarter bottom-line result Wednesday and issued a weak revenue forecast for the first quarter and fiscal year 2021, sending shares lower. The Splunk Analysts Wells Fargo analyst Philip Winslow reiterated an...
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Despite CEO Change, Salesforce Analysts Say Sell-Off May Be Buying Opportunity
Wednesday, February 26, 2020 - 4:33pm | 567Read More...Salesforce.com, inc. (NYSE: CRM) shares were falling Wednesday a day after the announcement that its co-CEO will step down, even as several sell-side analysts reiterated confidence and raised target prices on the stock. Salesforce on Tuesday reported what several analysts called a strong quarter,...
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Cowen Downgrades Domino's After 'Robust' Stock Gains
Monday, February 24, 2020 - 12:57pm | 400Read More...Domino's Pizza, Inc. (NYSE: DPZ) investors benefited from a "robust" reaction after a strong fourth quarter earnings beat but the move now skews the risk to reward profile unfavorably, according to Cowen. The Domino's Pizza Analyst Andrew Charles downgraded Domino's Pizza from...
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Tesla Faces Huge Execution Risk Ahead, Analyst Says Stock Price Remains On Mars
Tuesday, February 18, 2020 - 11:57am | 455Read More...With Tesla Inc (NASDAQ: TSLA) stock “on another planet," Cowen Equity Research said the company is now entering an execution phase that hasn’t historically been its strength. The Tesla Analyst Cowen’s Jeffrey Osborne maintained an Underperform rating on Tesla, and raised the...
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Cowen: Jack In The Box Brings The Heat With Tiny Tacos, Spices Up 2020 Guidance
Tuesday, February 11, 2020 - 3:16pm | 371Read More...First-hand checks at Jack in the Box Inc. (NASDAQ: JACK) stores suggest the recent launch of Tiny Tacos is a game-changer and puts the restaurant chain on track to achieve 2020 guidance, according to Cowen. The Analyst Andrew Charles upgraded Jack in the Box from Market Perform to Outperform with a...
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Chipotle's Q4 Has Some Bullish While Others Wanted More
Wednesday, February 5, 2020 - 12:51pm | 739Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) reported fourth-quarter results highlighted by an EPS and same-store sales beat, driven by the limited-time carne asada option. Chipotle CFO: 'Just Getting Started' Chipotle CFO Jack Hartung was a guest on CNBC's "Mad Money" and told...
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Twilio Has Multibillion-Dollar Potential, Cowen Says In Bullish Initiation
Friday, January 31, 2020 - 12:06pm | 295Read More...Twilio Inc (NYSE: TWLO) is in the process of transforming from being a software provider for voice and SMS services to a strategic vendor for customer engagement solutions, according to Cowen. The Twilio Analyst Derrick Wood initiated coverage of Twilio with an Outperform rating and $150 price...
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Micron, Western Digital Get Big Upgrades At Cowen, NAND Market In Focus
Tuesday, January 7, 2020 - 1:35pm | 408Read More...An earlier-than-expected improvement in NAND market fundamentals will likely benefit memory and storage technology companies Western Digital Corp (NASDAQ: WDC) and Micron Technology, Inc. (NASDAQ: MU), according to Cowen. The Analyst Karl Ackerman upgraded Micron from Market Perform to Outperform...
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Cowen Still Bearish On Tesla, Says Chinese And Dutch Help Isn't Enough
Monday, December 30, 2019 - 10:25am | 421Read More...Tesla Inc.'s (NASDAQ: TSLA) run-up since it announced profitability last quarter may not be repeatable, Cowen said Monday in a bearish note. The Analyst Cowen's Jeffrey Osborne kept an Underperform rating on Tesla, but raised the price target from $190 to $210. The Thesis...
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Wall Street Reacts To Nike's Last Quarter With Mark Parker At The Helm
Friday, December 20, 2019 - 1:56pm | 835Read More...Nike Inc (NYSE: NKE) shares are down on Friday after reporting its second-quarter earnings print, the last release of CEO Mark Parker’s tenure. He has served as CEO since 2006 and will be replaced by John Donahoe next month. Nike reported quarterly earnings of 70 cents per share, which beat...
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One Month After Disney+ Launch, These Analysts Still Love Netflix
Wednesday, December 18, 2019 - 12:51pm | 477Read More...It’s been a month since Walt Disney Co (NYSE: DIS) rolled out its answer to the Netflix Inc (NASDAQ: NFLX) distribution model. Early subscription trends don’t look too bad for the original streaming king. Accept No Substitutes A survey by Bank of America found that just 6.5% of Disney+...
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5G Stocks Are Heating Up Ahead Of Tariff Deadline
Wednesday, December 11, 2019 - 4:05pm | 656Read More...Suppliers of 5G technology are getting some love on Wall Street this week, with several experts saying any trade tariff-related weakness should serve as a long-term buying opportunity heading into 2020. Double Upgrade On Monday, Bank of America analyst Vivek Arya double-upgraded 5G Apple, Inc. (...
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Here's What Drive-Thrus Mean For Chipotle Investors
Monday, December 9, 2019 - 11:00am | 726Read More...The fast-food industry continues to evolve with one main objective: serving customers how they want to be served. Gone are the days when customers can only place an order at the counter with a human. Instead, customers are making it clear in growing numbers orders must be placed through a machine...
