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What Joe Biden's State Of The Union Address Means For Markets: Why This Analyst Sees Challenges Ahead
Wednesday, February 8, 2023 - 3:48pm | 580In a State of the Union address to the nation late Tuesday, U.S. President Joe Biden touched on several topics that could impact the standing of the American economy. Here's a look at Cowen's take on what it means for the markets. What To Know: The State of the...
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Chipotle Shares Plunge After Q4 Print, But 4 Analysts Are Still Happy: Here's Why
Wednesday, February 8, 2023 - 11:11am | 511Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) were heavily shorted during pre-market trading on Wednesday after the company reported an earnings miss. BMO Capital analyst Andrew Strelzik reaffirmed a Market Perform rating, while raising the price target to from $1,600 to $1,800. Raymond James...
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Exclusive: Weekly Benzinga Moneymaker Index - Top 5 Stock Ideas Revealed
Thursday, January 5, 2023 - 6:08pm | 734Investors are on the hunt for undervalued, underfollowed and emerging stocks to spot opportunities. Retail traders have countless methods at their disposal to uncover new information. For some, this may be overwhelming. Benzinga’s Moneymaker Index uses a combination of proprietary data and...
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Coinbase Analyst Sees Clouded Path Forward — Downgrades Stock As Trading Volumes Are Falling
Thursday, January 5, 2023 - 4:51pm | 725Coinbase Global Inc (NASDAQ: COIN) caught a downgrade from Cowen on Thursday. Shares tanked after analysts warned of declining trading volumes and elevated scrutiny in the wake of the FTX collapse. What Happened: Cowen & Co downgraded Coinbase from Outperform to Market...
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Control Of Congress Up For Grabs In Midterms: 12 Stocks To Watch
Monday, November 7, 2022 - 2:06pm | 840As voters endeavor to select the congressional candidates they believe would best assist the U.S. in navigating through historical issues it is currently facing, investors are wondering what's going to happen to equities. For the worried investor, don't fret. Historically speaking, markets...
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Why These 2 McDonald's Analysts Are Bullish After Q3 Earnings Beat
Thursday, October 27, 2022 - 10:02am | 295McDonald's Corp (NYSE: MCD) Thursday reported its third-quarter results. The restaurant chain’s earnings of $2.68 per share beat Street expectations, although revenues declined on a year-on-year basis. Stephens On McDonald's Analyst Joshua Long maintained an Overweight rating with a...
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4 Starbucks Analysts React To Investor Day: 'Attractive Risk-Reward And Valuation'
Wednesday, September 14, 2022 - 10:54am | 610Starbucks Corporation (NASDAQ: SBUX) shares traded high by 1.2% on Wednesday after the company held its first investor day event since announcing Laxman Narasimhan will be taking over as the new CEO. Starbucks holds investor day events once every two years to update investors on its long-term...
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Why This Starbucks Analyst Is Surprised By New CEO Choice — And Optimistic
Friday, September 2, 2022 - 1:18pm | 408Starbucks Corporation (NYSE: SBUX) announced late Thursday the appointment of Reckitt Benckiser Group plc (OTC: RBGLY) top brass Laxman Narasimhan as its next chief executive officer effective April 1, 2023. He will join the company as the incoming CEO on Oct. 1. The Starbucks Analyst: Cowen...
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Analysts Going Hard On Tilray, Slashing Price Targets; How Much Adj. EBITDA Really Improved?
Tuesday, August 2, 2022 - 8:45am | 815Tilray Brands, Inc. (NASDAQ: TLRY) reported its fiscal 2022 and fourth-quarter earnings results on Thursday, revealing net revenue growth of 8% year-over-year to $153.3 million. In the reporting quarter, the Canadian cannabis giant had a net loss of $457.8 million compared to a net...
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This Analyst Expects Stabilization Across Canadian Cannabis Market, Revises Sales Estimates For Cannabis LPs
Thursday, July 21, 2022 - 9:38am | 748The Canadian cannabis industry has become a competitive field over the past few years, which doesn’t come as a surprise considering its exponential growth over the same period. To capture the market share, cannabis companies have been slashing the prices of their products, which had a...
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These Are The Top Cannabis Stock Picks According To 3 Of The Top Equity Analysts In The Marijuana Market
Tuesday, July 19, 2022 - 12:56pm | 1255What are the best cannabis stocks to invest in right now? Although we would all love to boast this knowledge, it is impossible to have an answer with 100% certainty. Fortunately for all pot stocks investors out there, there are professionals whose job is to analyze and make an assessment on this...
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Have Recent Market Projections Impacted Cannabis Industry Optimism?
Monday, February 14, 2022 - 10:37am | 1046Despite projections pointing towards short-term capital market struggles fueled by stalled reform, most in the cannabis industry remain optimistic that the market and regulations will align to provide a beneficial long-term. Short-term Market and Regulatory Struggles Don’t Dampen Optimism...
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Why Amazon Shares Present 'A Lot Of Opportunity' At Current Levels
Monday, December 13, 2021 - 2:57pm | 317Amazon.com, Inc. (NASDAQ: AMZN) is only up about 4.50% year-to-date, but the stock was named a top mega-cap pick and a best idea for 2022 by Cowen on Monday. What Happened: Cowen analyst John Blackledge maintained Amazon with an Outperform rating and raised the price target from...
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Analyst Upgrades Starbucks Following Post-Earnings Sell-Off: 'Market Is Being Shortsighted'
Monday, November 1, 2021 - 11:47am | 576Starbucks Corporation (NASDAQ: SBUX) shares bounced back on Monday after the stock received a Wall Street upgrade by an analyst who believes the stock’s post-earnings sell-off is overdone. The Analyst: Stephens analyst James Rutherford upgraded Starbucks from Equal Weight to Overweight...
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'Exceptional Unit Level Economics': Analysts Initiate Coverage Of Dutch Bros Following Quiet Period
Monday, October 11, 2021 - 6:24pm | 514Dutch Bros Inc (NYSE: BROS) shares gained 15.7% on Monday, continuing the stock’s strong run following its September IPO. Dutch Bros is off to a hot start to life on the public market and has now more than doubled its $23 IPO price. In the second quarter of 2021, Dutch Bros reported $114...