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Canaccord Lowers Apple's Target To $120, Anticipates Recovering Sales With iPhone 7 Launch
Thursday, June 23, 2016 - 11:37am | 291Read More...According to the most recent Canaccord surveys, Apple Inc. (NASDAQ: AAPL) iPhone customers are holding off on buying new devices until the iPhone 7 comes out. The resulting slump in iPhone average sales price (ASP) is the main reason that Canaccord analyst Michael Walkley has dropped his price...
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Canaccord Is Against The Majority On Adobe Systems: Reiterates Buy
Wednesday, June 22, 2016 - 11:43am | 195Read More...Canaccord's Richard Davis maintains Adobe Systems Incorporated (NASDAQ: ADBE)'s Buy rating and continues the firm's price target of $110.00. "We continue to push back against what seems to be a pervasive belief that Adobe's best days are behind it," said Davis. The analyst cited two reasons for his...
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Canaccord Raises Pioneer Natural Resources' PT As Growth Factors Solidify, But Stock Is Tumbling
Thursday, June 16, 2016 - 11:35am | 218Read More...Canaccord's Sam Burwell raised his price target on Pioneer Natural Resources (NYSE: PXD) from $175.00 to $180.00.,/p> "All ahead full" is Burwell's mantra on the stock. The company is set to add five rigs by the end of the year on top of the existing 12. The acquisition can be related to the "...
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pdvWireless Target Cut At Canaccord After News Of FCC Extension
Tuesday, June 14, 2016 - 2:52pm | 196Read More...Canaccord's Michael Walkley cut pdvWireless Inc (NASDAQ: PDVW)'s price target from $79.00 to $50.00, maintaining the company's Buy rating. The rating change came after pdvWireless reported FY16Q4 EPS at $(0.47) vs. $(0.38) street estimates and revenues of $951 thousand vs. estimates of $1 million....
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Canaccord On Cavium: Sees 'Impressive Additions To Long-Term Roadmap'
Tuesday, June 7, 2016 - 5:08pm | 313Read More...Canaccord analysts Matthew D. Ramsay and Logan Bender reiterated a Buy rating on shares of Cavium Inc (NASDAQ: CAVM), citing “impressive additions to the long-term roadmap,” while warning that choppiness could persist over the near-term as the company’s base MIPS business...
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Canaccord Initiates Coverage On QTS Realty Trust With Buy Rating
Monday, June 6, 2016 - 5:53pm | 218Read More...Canaccord's Paul Morgan has initiated coverage on QTS Realty Trust Inc (NYSE: QTS) with a $63 price target and a Buy rating. Enterprises and government agencies have become extremely open to cloud IT architectures and the "breadth of QTS service offerings, from custom data centers to...
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Novadaq 'Positioned For A Strong Run'; Canaccord Reiterates Buy
Monday, June 6, 2016 - 3:29pm | 198Read More...Canaccord's Jason Mills reiterated Novadaq Technologies Inc. (NASDAQ: NVDQ)'s Buy rating with an unchanged price target of $15. The reiteration came after Canaccord met with Novadaq's CEO and CFO. After meeting management, Mills "came away even more bullish on the company's...
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Sabra's Texas Exits Removes A Year-Long Overhang
Wednesday, June 1, 2016 - 4:59pm | 138Read More...Canaccord's Paul Morgan reiterated Sabra Health Care REIT (NASDAQ: SBRA)'s Hold rating with a price target of $23. Sabra announced Tuesday it will sell its Forest Park Dallas, which Morgan praised. "Sabra has been working on realizing its "Texit" for months, and today...
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Canaccord Bumps Workday's Price Target To $85, Reiterates Buy Rating
Wednesday, June 1, 2016 - 4:40pm | 155Read More...Canaccord's Richard Davis raised Workday Inc (NYSE: WDAY)'s price objective from $75.00 to $85.00 while maintaining a Buy rating. The price target change came after the company announced earnings after Tuesday's close. Davis was satisfied with Workday's earnings report and...
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Canaccord Says Buy Kinross On Pullback
Thursday, May 26, 2016 - 8:10pm | 196Read More...In a note Thursday morning, Canaccord's Canadian equity research team upgraded shares of Kinross Gold Corporation (NYSE: KGC) citing a recent pullback in the stock as an opportunity. Despite a 23 percent fall in recent weeks due to strikes at Tasiast and year-long strong performance,...
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4 Energy Stocks Canaccord Loves
Thursday, May 12, 2016 - 2:15pm | 369Read More...To say that the energy sector has made for some tricky trading in the past couple of years would be quite an understatement, but Canaccord analysts have found four energy stocks that they love: Earthstone Energy Inc (NYSE: ESTE), Abraxas Petroleum Corp. (NASDAQ: AXAS), Canadian Solar Inc. (NASDAQ:...
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Valeant And German Rockers 'The Scorpions' Have This In Common (And It's Not Good)
Monday, March 21, 2016 - 3:02pm | 503Read More...After the news broke it would part ways with CEO Mike Pearson amid new comments the company was concerned about its accounting and internal controls, one analyst at Canaccord Genuity is comparing Valeant Pharmaceuticals Intl Inc (NYSE: VRX) to German rock band "The Scorpions" in a note...
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Some On Wall Street Still Back Valeant
Tuesday, March 15, 2016 - 11:51am | 558Read More...Valeant Pharmaceuticals Intl Inc (NYSE: VRX) plunged 40 percent and touched a new 52-week low after the company reported a loss for its fourth quarter and slashed its outlook. The company cited incremental headwinds in Ophthalmology Rx, as well as the Commonwealth and Western Europe businesses...
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Canaccord Buying The Dip On Mondelez, Upgrades Stock After Surprise Announcement
Friday, February 5, 2016 - 10:25am | 281Read More...Mondelez International Inc (NASDAQ: MDLZ) shares have been volatile over the last one year, and are down 15 percent since January 4. Canaccord’s Alicia Forry upgraded the rating for the company from Hold to Buy, with a price target of $44. The decline in the company’s share...
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Apple: The Aftermath
Wednesday, January 27, 2016 - 5:53pm | 1633Read More...Apple Inc. (NASDAQ: AAPL) reported its first quarter fiscal 2016 financial results after the market closed on Tuesday. The tech behemoth delivered earnings of $3.28 per share, beating the Street’s consensus by $0.04, on revenue of $75.872 billion, falling short of expectations for $76.855...
