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Cannabis Vs. Alcohol: Wall Street Analyst-Led Research Shows $29B Cannabis Surge, 18M New Users
Monday, December 18, 2023 - 5:01pm | 719Read More...A new report by TD Cowen analyst Vivien Azer unveils a shift in consumer behavior, spotlighting the clash between legal cannabis and alcohol sales. "Alcohol sales in legal cannabis states underperformed by 100-150 bps over the past five years," revealed Azer. See Also: As Cannabis...
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Wall Street Analyst-Led Research Firm Gives Up On Cannabis, Here's Why
Thursday, March 2, 2023 - 11:50am | 792Read More...Cowen Group has discontinued coverage of the cannabis sector following its acquisition by TD Bank Group (TSX: TD) (NYSE: TD) on Wednesday. "Post Cowen's acquisition by TD, we are no longer covering securities relating to US multi-state operators in the cannabis sector a spokesman for...
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The Market Is Actually Behind Where It Should Be
Wednesday, December 14, 2016 - 3:48pm | 268Read More...Peter Cohen, the CEO of Cowen Group, likely won't be wearing one of those Dow 20K hats like the ones seen on the floor of the NYSE back in 1999. Why not? Because it really isn't any reason to celebrate. According to Cohen, the Dow hitting the 20,000 mark this year implies the index is lagging where...
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How The Entry Of Traditional Watch Makers Into Smartwatches Will Impact The Category And Apple
Monday, March 23, 2015 - 2:51pm | 375Read More...It was recently reported that Tag Heuer and Fossil Group Inc (NASDAQ: FOSL) are working toward launching their own Android-based smartwatch. Oliver Chen, analyst at Cowen Group, was on CNBC Monday to discuss how entry of traditional watch makers into smartwatch space will impact the category and...
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COWN GAAP EPS Ahead Of KBW Estimate
Monday, March 7, 2011 - 8:36am | 90Read More...Cowen Group, Inc.'s (NASDAQ: COWN) GAAP EPS of $0.06 was “ahead of our $0.05 est. on stronger investment income from various trading strategies,” KBW reports. “Total revs. of $101 mil. up 44% y/y as mgmt fees and incentive income rose, investment banking was flat and brokerage revs. declined,” KBW...
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KBW's Broker Dealers & Capital Markets Update (AMTD, COWN, DUF, ETFC)
Monday, December 6, 2010 - 9:58am | 216Read More...Keefe Bruyette & Woods published its Broker Dealers & Capital Markets update today and included risks to price target on the entities in its portfolio. Highlighted companies include: TD Ameritrade Holding Corp. (NASDAQ: AMTD) Target Price: 21.00 Risk Factors: Among the risks to our price...
