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MJBizCon Was Huge — Now What?
Wednesday, November 21, 2018 - 2:34pm | 764Marijuana Business Daily hosted its annual MJBizCon in Las Vegas last week; with 25,000 attendees and 1,000 booths, it's the largest cannabis event in the world. Add the more than 100 smaller events and gatherings like the Benzinga Cannabis Executive Soiree that took place around the main...
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A Peek Into The Markets: U.S. Stock Futures Decline Ahead Of ADP Report
Wednesday, August 3, 2016 - 7:49am | 562Pre-open movers U.S. stock futures traded lower in early pre-market trade. The ADP national employment report for July will be released at 8:15 a.m. ET, while the Markit Services PMI for July is schedule for release at 9:45 a.m. ET. The ISM non-manufacturing index for July will be...
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A Peek Into The Markets: U.S. Stock Futures Slide Ahead Of Housing-Starts Data
Friday, June 17, 2016 - 7:43am | 425Pre-open movers U.S. stock futures traded lower in early pre-market trade. Data on housing starts for May will be released at 8:30 a.m. ET. Futures for the Dow Jones Industrial Average dropped 30 points to 17,614.00, while the Standard & Poor's 500 index futures fell 4.75 points to 2,065.50....
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Cowen Downgrades Cardinal Health, McKesson Amid Limited Near-Term Growth Drivers
Tuesday, March 15, 2016 - 8:42am | 366Cowen & Company’s Charles Rhyee downgraded the ratings for Cardinal Health Inc (NYSE: CAH) and McKesson Corporation (NYSE: MCK) from Outperform to Market Perform, citing continued headwinds from declining generic introductions and reversal of generic inflation to deflation. Analyst...
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Is Amazon's New Invention A GrubHub-Killer? Not Quite, But It'll Hurt
Wednesday, September 16, 2015 - 9:52am | 375GrubHub Inc (NYSE: GRUB) shares are down 22 percent year-to-date, after reaching a high of $47.18 on April 24. Cowen & Company’s Kevin Kopelman maintained a Market Perform rating on the company, while reducing the price target from $30 to $25. The entry of Amazon.com, Inc. (...
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Cowen Likes Industrial REIT Terreno Realty; Initiates At Outperform
Thursday, August 13, 2015 - 2:57pm | 1101Cowen & Company analyst James Sullivan on Wednesday published a research note, "Differentiated Strategy Justifies Premium Multiple," initiating industrial REIT Terreno Realty Corporation (NYSE: TRNO) at Outperform. Terreno follows a unique strategy of targeting multi-tenant,...
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US Stock Futures Signal Lower Start On Wall Street
Monday, July 27, 2015 - 7:07am | 445Pre-open movers US stock futures traded lower in early pre-market trade. Data on durables goods orders for June will be released at 8:30 a.m. ET. Futures for the Dow Jones Industrial Average dipped 93.5 points to 17,429.5, while the Standard & Poor's 500 index futures fell 8.05 points to 2,069....
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US Stock Futures Down; Apple Shares Slide After Weak Sales Forecast
Wednesday, July 22, 2015 - 7:47am | 416Pre-open movers US stock futures traded lower in early pre-market trade. The FHFA house price index for May will be released at 9:00 a.m. ET, while existing home sales data for June will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average dropped 54 points to 17,812.0, while...
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Cowen & Company Initiates Ophthotech With Outperform
Tuesday, July 7, 2015 - 8:23am | 60Cowen & Company initiated coverage on Ophthotech Corp (NASDAQ: OPHT) with a Outperform rating. The target price for Ophthotech is set to $80. Ophthotech shares have gained 24.98 percent over the past 52 weeks, while the S&P 500 index has surged 5.35 percent in the same period. Ophthotech...
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Cowen & Company Ups Union Pacific To Outperform
Monday, July 6, 2015 - 4:58pm | 247In a research note out Monday, analyst Jason H. Seidl of Cowen & Company upgraded shares of Union Pacific Corporation (NYSE: UNP) to Outperform from Market Perform and lowering the price target from $117 to $111, feeling that further stock price downside is limited. Seidl states that with UNP...
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Cowen & Company Initiates Limelight Networks With Outperform
Thursday, July 2, 2015 - 9:28am | 64Cowen & Company initiated coverage on Limelight Networks, Inc. (NASDAQ: LLNW) with a Outperform rating. The target price for Limelight Networks is set to $5. Limelight Networks shares have gained 27.42 percent over the past 52 weeks, while the S&P 500 index has surged 4.63 percent in the...
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Cowen & Company Upgrades AT&T To Outperform
Thursday, July 2, 2015 - 8:46am | 67Analysts at Cowen & Company upgraded AT&T Inc. (NYSE: T) from Market Perform to Outperform. The price target for AT&T has been raised from $35.00 to $40.00. AT&T shares have dropped 0.75 percent over the past 52 weeks, while the S&P 500 index has surged 4.63 percent in the same...
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US Stock Futures Gain Ahead Of Jobs Report
Thursday, July 2, 2015 - 7:04am | 458Pre-open movers US stock futures traded higher in early pre-market trade. Data on nonfarm payrolls for June and weekly jobless claims will be released at 8:30 a.m. ET. Data on factory orders for May will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average jumped 25 points to...
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Cowen & Company Initiates Heron Therapeutics With Outperform
Friday, June 26, 2015 - 9:24am | 44Analysts at Cowen & Company initiated coverage on Heron Therapeutics Inc (NASDAQ: HRTX) with a Outperform rating. The target price for Heron Therapeutics is set to $40. Heron Therapeutics' shares rose 3.33 percent to $30.37 in pre-market trading.
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Cowen Initiates Micron Technology With Outperform
Monday, June 22, 2015 - 7:08am | 62Cowen & Company initiated coverage on Micron Technology, Inc. (NASDAQ: MU) with a Outperform rating. The target price for Micron Technology is set to $34. Micron Technology shares have dropped 21.72 percent over the past 52 weeks, while the S&P 500 index has gained 7.51 percent in the...