Cowen

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...

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...

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...

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+...

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. (...

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...

Amid all the retail woes apparel companies are seeing, the narrative simply doesn't apply to Lululemon Athletica Inc. (NASDAQ: LULU). The retailer's shares are up nearly 81% year to date. The LULU Analyst Cowen analyst John Kernan reiterates an Outperform rating on the stock and raised his...

Casual fast-food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) has seen its stock nearly double over the past year but there is still room for more upside in 2020, according to Cowen. The Analyst Cowen analyst Andrew Charles upgraded Chipotle's stock from Market Perform to Outperform with a...

Foot Locker, Inc. (NYSE: FL) reported a third quarter earnings beat on Friday, but a sales miss sent shares plunging. The Analyst and Rating Cowen analyst John Kernan reiterated a Market Perform rating but lowered his price target from $47 to $45. The Thesis The footwear retailer reported...

If it's not polarizing, it's probably not coming from Elon Musk and Tesla Inc. (NASDAQ: TSLA). Tesla watchers once again can't agree, this time on Tesla's new "Cybertruck," unveiled to much fanfare on Thursday night. "Blade Runner Design Eye Popping," said one...

Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) are up more than 3% on Monday following yet another price target hike. Some large option traders are making some unusually large bullish bets that analysts are getting it right on AMD’s upside. The Trades On Monday, Benzinga Pro subscribers...

Monster Beverage Corp (NASDAQ: MNST) is seeing pressure from the viral popularity of its competitor, Bang. The Analyst Cowen analyst Vivien Azer downgraded the stock from Outperform to Market Perform and lowered her price target from $69 to $65. The Thesis Highly popular energy drink, Bang, is...

Boston Beer Company Inc (NYSE: SAM) shares were moving higher Thursday after the company received an analyst upgrade on the strength of its red-hot hard seltzer, Truly. The Analyst Cowen analyst Vivien Azer upgraded Boston Beer Co. from Market Perform to Outperform and raised the price...

Activision Blizzard, Inc. (NASDAQ: ATVI) acknowledged Friday that it acted too quickly and harshly in sanctioning an esports competitor who used a livestreamed post-match interview to express solidarity with Hong Kong protesters, but defended the need to regulate player behavior. Blizzard said the...

NBA games during the upcoming season could be further restricted in China, but Cowen said it's is skeptical it will materially affect Nike Inc (NYSE: NKE)'s most profitable region. The Analyst  John Kernan reiterated an Outperform rating on Nike with a $105 price target...