Cowen

Poseidon, the leading venture capital firm in the cannabis industry, announced plans to host the Poseidon GreenShoots™ Pitch Forum, a 90-minute virtual cannabis pitch forum to connect top-performing companies with accredited investors. On August 31, 2021, five cannabis...

Square Inc (NYSE: SQ) shares traded lower on Tuesday, pulling back just a bit following a 12% surge in Monday's session. The Analysts: Raymond James analyst John Davis upgraded Square from Underperform to Market Perform. Cowen analyst George Mihalos upgraded Square from Market Perform to...

Following Starbucks Corp’s (NASDAQ: SBUX) third-quarter earnings beat on Tuesday, July 27, analysts at Morgan Stanley and Cowen provided their key takeaways and future outlook. Starbucks Q3 Earnings Recap EPS came in at $1.01, beating consensus estimates of 77 cents by 31%. Revenue...

On Wednesday, U.S. Senate Majority Leader Chuck Schumer and colleagues will finally release a discussion draft of the long-awaited bill to federally legalize cannabis. Sen. Schumer (D-NY), Senate Finance Committee Chairman Ron Wyden (D-OR), and Sen....

Boeing Co (NYSE: BA) shares traded higher by 3.2% on Tuesday after the stock got a big upgrade on Wall Street. The Analyst: Cowen analyst Cai von Rumohr upgraded Boeing from Market Perform to Outperform and raised his price target from $240 to $290. The Thesis: Von Rumohr said Boeing has a...

Wendy’s Co (NASDAQ: WEN) shares traded higher Thursday after the company reported impressive first-quarter earnings and raised its full-year guidance. For the first quarter, Wendy’s reported adjusted EPS of 20 cents on revenue of $460.2 million. Both numbers exceeded consensus analyst...

Despite industry-related input costs and labor headwinds, Darden Restaurants, Inc. (NYSE: DRI) could generate above-consensus earnings in fiscal 2023, driven by Olive Garden sales, according to Cowen. The Darden Restaurants Analyst: Andrew Charles upgraded the rating for Darden Restaurants from...

Recent checks in Taiwan indicate significant price increases for display drivers and touch controllers, suggesting Synaptics, Incorporated’s (NASDAQ: SYNA) margin should inflect, according to Cowen. The Synaptics Analyst: Karl Ackerman upgraded the rating for Synaptics from Market Perform to...

The U.S. House of Representatives passed legislation on Monday to allow banks to provide services to cannabis companies in states where it is legal. Republicans are increasingly warming up to adult-use cannabis legalization given the jobs and tax revenue opportunities, Cowen Inc. analyst...

Pizza chain stocks were trading lower Thursday morning after Domino's Pizza, Inc. (NYSE: DPZ) reported a top-and-bottom line fourth quarter miss, while Papa John's Int'l, Inc. (NASDAQ: PZZA) reported mixed results. Domino's Earnings Recap: Domino's said it earned $3.46 per share...

Casual restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG) reported Tuesday with fourth-quarter results that prompted a 3% selloff in shares by Wednesday morning. Here's how the Street reacted to the print. The Chipotle Mexican Grill Analysts Raymond James analyst Brian Vaccaro...

Comcast Corporation (NASDAQ: CMCSA) seems to be moving in the right direction, and its stock should outperform over the next 12 months, according to Cowen. The Comcast Analyst: Gregory Williams upgraded Comcast from Market Perform to Outperform and raised the price target from $56 to $60. The...