Brean Capital LLC

Brean Capital’s Fawne Jiang believes Ctrip.Com International Ltd (ADR) (NASDAQ: CTRP) shares present a “unique opportunity” for investors, especially given that there are several levels in the business model expected to play out over the next few years. Jiang maintains a Buy...

Brean Capital’s Alan Gould believes that Netflix, Inc. (NASDAQ: NFLX) has created “an unstoppable lead in the internet TV business and is positioned to dominate the business long term.” Gould initiated coverage on the company with a Buy rating and price target of $145. Largest...

QUALCOMM, Inc. (NASDAQ: QCOM) reported a beat and raise quarter on July 20, driven by improvements in catch-up payments from China for QTL, along with strength in QCT. Brean Capital’s Mike Burton maintains a Hold rating on the company. Potential Headwind “We had anticipated the strong...

Intel Corporation (NASDAQ: INTC) reported mixed June quarter results, while guiding to the September quarter above seasonal trends. Brean Capital’s Mike Burton maintained a Buy rating on the company, while raising the price target from $36 to $38. June Quarter Burton mentioned that Intel...

Brean Capital’s Eric Tracy believes that while the current premium valuation for VF Corp (NYSE: VFC) reflects the “positives to the story,” it does not discount for some of the incremental fundamental risks. Tracy downgraded the rating on the company from Buy to Hold. Key Risks...

SouFun Holdings Ltd (NYSE: SFUN) reported mixed results for 1Q, with the revenue beating expectations and the EPS missing the forecasts. The company also raised its 2016 guidance. Brean Capital’s Fawne Jiang initiated coverage of SouFun Holdings with a Hold rating. Positives “We are...

Brean Capital’s Ananda Baruah expects NetApp Inc. (NASDAQ: NTAP) to be "off" Thursday following the soft April quarter revenue and below consensus July quarter guidance issued by the company. Therefore, Baruah maintains a Hold rating on NetApp. The analyst believes the Street might not be...

Intuit Inc. (NASDAQ: INTU) reported robust F3Q results, driven by the strength in its consumer tax business and stable business trends in its QuickBooks-driven small business group (SBG). Brean Capital’s Yun Kim maintains a Buy rating on the company, while raising the price target from $125...

Brean Capital’s Eric Tracy maintains a constructive stance of PVH Corp (NYSE: PVH) ahead of the 1Q results release on May 25, while mentioning that the risk/reward on the stock was currently compelling. Tracy maintains a Buy rating on the company, with a price target of $111. The Bullish...

Hibbett Sports, Inc. (NASDAQ: HIBB) reported its 1Q results with the comp and EPS in line with expectations. Brean Capital’s Eric Tracy maintains a Sell rating on the company, with a price target of $30. Limited Visibility Although management maintains its FY16 comp +LSD and EPS guidance for...

While expressing optimism regarding Workday Inc (NYSE: WDAY)'s long-term fundamental growth outlook, Brean Capital’s Yun Kim prefers to adopt a more cautious approach for the near term, especially with regard to the company’s Financial application business. Kim downgraded the rating on...

Medivation Inc (NASDAQ: MDVN) reported its U.S. and ex-U.S. Xtandi sales for 1Q16 in line with the consensus. Brean Capital’s Jonathan Aschoff maintains a Buy rating on the company, with a price target of $61. Xtandi Outlook Growth in the underlying demand for Xtandi has continued, rising...