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Viridian's President: If Federally Legal, The U.S. Cannabis Market Could Surpass $100 Billion Per Year
Wednesday, December 28, 2016 - 10:28am | 476Read More...Viridian Capital Advisors is one of the world’s main financial and strategic advisory firms for the cannabis industry. Every week, the company publishes two reports, one tracking the performance of its Cannabis Stock Index and another tracking the most recent investment and M&A activity...
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All The Analyst Ratings And Price Targets Ahead Of Salesforce.com's Q3 Earnings
Wednesday, November 16, 2016 - 1:30pm | 514Read More...Salesforce.com, inc. (NYSE: CRM) is expected to release its third-quarter results on Thursday, November 17, 2016, after the close of the market. Wall Street analysts, on average, expect the company to earn $0.21 a share, flat with last year. Revenues are expected to rise 23.7 percent to $2.12...
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How The Street Responded To AT&T's Mega-Deal For Time Warner
Monday, October 24, 2016 - 2:11pm | 398Read More...There are at least two things most analysts covering telecomms share in respect to AT&T Inc. (NYSE: T)'s move to buy Time Warner Inc (NYSE: TWX). The first is about the challenges in getting the regulatory approval given the experience of Comcast Corporation (NASDAQ: CMCSA)–NBC deal....
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In The Beauty Industry, E.L.F. Is Looking Attractive
Monday, October 17, 2016 - 10:34am | 267Read More...Cowen’s Oliver Chen expects e.l.f. Beauty Inc (NYSE: ELF) to gain share in an attractive beauty industry, calling the company the “Fast Fashion” of beauty. Chen initiated coverage of the company with an Outperform rating and price target of $32. Attractive Outlook The...
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Nike Continues To Build A Moat Around Its Brand
Tuesday, September 13, 2016 - 11:12am | 414Read More...Shares of Nike Inc (NYSE: NKE) have lost around 10 percent since the start of 2016 and are nearly flat compared to the same time period a year ago. The stock's underperformance isn't deterring John Kernan of Cowen and Company from reiterated an Outperform rating and $63 price target. In a research...
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5 In Focus: Loop Capital Analysts Railroad Stocks Following Wednesday's Conferences
Thursday, September 8, 2016 - 4:04pm | 395Read More...On Wednesday, railroad firms participated in a couple of conferences, hosted by Cowen & Co. and RBC Capital Markets. As a result, five stocks within the sector were analyzed by Loop Capital Markets, four Hold-rated and one rated at Buy. 4 At Hold CSX Corporation (NASDAQ: CSX): The company sees...
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Tractor Supply Hit With A Slew Of Sell-Side Downgrades As Guidance Disappoints
Thursday, September 8, 2016 - 3:00pm | 332Read More...Tractor Supply Company (NASDAQ: TSCO) shares hit a 52-week low of $69.27 on Thursday following multiple headwinds hurting investor sentiment. The company likely initiated the first move downward with the announcement of its full-year earnings and revenue outlook reduction. Accordingly, the revised...
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2 Debates Heading Into Online Travel Earnings
Thursday, October 29, 2015 - 12:08pm | 428Read More...Airbnb’s explosive growth has many online travel investors worried. Cowen & Co projects that Airbnb could become a legitimate threat to the hotel industry by 2018. Cowen sees the Priceline Group Inc (NASDAQ: PCLN)/ Tripadvisor Inc (NASDAQ: TRIP) Instant Book partnership as a...
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What's Biomed Realty Worth In A Buyout?
Wednesday, September 23, 2015 - 9:39am | 322Read More...Biomed Realty Trust Inc (NYSE: BMR) shares are down 12 percent year-to-date, after reaching a high of $24.97 on January 26. Cowen & Co’s James Sullivan maintained an Outperform rating on the company, with a price target of $24. A potential sale of Biomed Realty could value the...
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Cowen: An Acquisition 'Seems Likely' At Avolon, Stock Less Attractive
Wednesday, August 12, 2015 - 8:06am | 217Read More...In a report published Wednesday, Cowen & Co analyst Helane Becker downgraded the rating on Avolon Holdings Ltd (NYSE: AVOL) from Outperform to Market Perform, while raising the price target from $31 to $32. The downgrade reflected the probable acquisition of the company by Bohai Leasing Co Ltd...
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Is Expedia Still A Buy? Wall Street Analysts Weigh In
Saturday, August 1, 2015 - 9:50am | 608Read More...Shares of Expedia Inc (NASDAQ: EXPE) were up about 10 percent on Friday after the company announced its second-quarter financial results. Earnings came in at $0.89 per share, ahead of the Street’s consensus of $0.85 per share, on revenue of $1.654 billion, versus expectations for $1.661...
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One Of The Market's Biggest Healthcare REITs: Should You Buy?
Wednesday, July 29, 2015 - 4:49pm | 275Read More...Shares of Biomed Realty Trust Inc (NYSE: BMR) surged roughly 5 percent on Wednesday, after the company reported second-quarter funds from operations (FFO) per share of $0.58, surpassing the Street’s estimate of $0.48 per share. In a report issued Wednesday, Cowen & Co. analysts James...
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Why Raymond James Downgraded Potash: Not The First To See Red Flags?
Wednesday, July 29, 2015 - 2:20pm | 337Read More...In a report issued Wednesday, Raymond James analysts Steve Hansen and Daniel Chew downgraded their rating on shares of Potash Corp./Saskatchewan (USA) (NYSE: POT) from Outperform to Market Perform after seeing "red flags rising." The firm trimmed its price target from $36.00 to $30.00...
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Cowen Downgrades Apple, Highlights Several Concerns Following Q3 Results
Wednesday, July 22, 2015 - 7:41am | 273Read More...In a report published Wednesday, Cowen & Co analyst Timothy Arcuri downgraded the rating on Apple Inc. (NASDAQ: AAPL) from Outperform to Market Perform, while reducing the price target from $140 to $130, after the company reported its 3Q results. Lower-than-expected iPhone sales in the latest...
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Cowen On Micron-Tsinghua Deal: 'Wow.'
Tuesday, July 14, 2015 - 9:27am | 257Read More...In a report published Tuesday, Cowen & Co analyst Timothy Arcuri maintained an Outperform rating on Micron Technology, Inc. (NASDAQ: MU), with a price target of $30. According to a WSJ report, Tsinghua had made an unsolicited $23 billion bid for Micron, valuing the company at $21 per share....
