Canaccord

Michael Kors Holdings Ltd (NYSE: KORS) has had a solid year from a stock perspective, but Canaccord analysts aren’t sold on the brand heading into its second-quarter report due out on Thursday. Sidelined And Cautious Canaccord remains cautious on the accessory and footwear/apparel maker,...

Here is a compilation of the best reactions and insightful perspectives offered by sell-side analysts to Nike Inc (NYSE: NKE)'s mixed fiscal-first-quarter earnings report. BofA Merrill Lynch: Neutral, Cuts 2017 EPS Estimate Bank of America's Neutral rating is premised on Nike losing market share in...

Ahead of the earnings announcement from Nike Inc (NYSE: NKE) on Tuesday, most of the brokerages remain bullish regarding the company's results. Similarly, nearly every analyst who has issued a recent analysis has reiterated their rating on the company's stock. During mid-day trading Monday,...

Ambarella Inc (NASDAQ: AMBA) delivered some impressive Q2 numbers on Thursday. Despite the market’s negative reaction, Canaccord analyst Matthew Ramsay remains bullish on the stock. Ambarella delivered non-GAAP EPS of $0.54 on revenue of $65.1 million in Q2. Both numbers beat consensus...

The U.S. Department of Justice announced it would be gradually moving away from the use of private prisons. Public companies that own private prisons with government contracts took a large blow on Thursday. But was the plummet an overreaction? Related Link: Prison Stocks Rocked As DoJ...

Canaccord Genuity provided its outlook on IPG Photonics Corporation (NASDAQ: IPGP) on Tuesday. The company maintains its Buy rating and $90 price target on IPG shares. "While we expect further significant revisions to estimates to be behind the company with guidance for this year having already...

Canaccord Genuity has raised its price target on the shares of Intuitive Surgical, Inc. (NASDAQ: ISRG) by $50 to $750 after the firm's blowout second-quarter print. "We expect the stock to trade materially higher, as we are increasingly confident robotic-assisted surgery devices (RASD) are in the...

Microsoft Corporation (NASDAQ: MSFT) shares are surging 6.2 percent on Wednesday following the company’s Q2 earnings beat. Canaccord analyst Richard Davis admits that the numbers from Microsoft were strong, but he is still not convinced the stock is a Buy. Canaccord was hoping for a pullback...

Canaccord Genuity reaffirmed its Buy rating on VF Corp (NYSE: VFC) and welcomed the apparel company's sale of its contemporary unit and expects similar deals in future. As part of its strategy to overhaul its portfolio, V.F. Corp agreed to sell its contemporary brands business to Israeli textile...

After being the top-performing stock in the entire S&P 500 in 2015, Netflix, Inc. (NASDAQ: NFLX) is down 20.0 percent so far in 2016. According to Canaccord analyst Michael Graham, Netflix shareholders’ 2016 may be on the brink of a major turnaround. Canaccord has initiated coverage on...

Canaccord analysts said the surprise vote by the U.K. to leave the European Union in the long term should have minimal impact on the global aerospace and defense sector. The brokerage noted that stocks with more defense and commercial AM exposure will benefit, while the sentiment on the commercial...