Cowen

Limelight Networks, Inc’s (NASDAQ: LLNW) high customer concentration is causing severe pricing pressure that may create a significant impact on revenue growth, while underutilized capacity in South Korea could result in gross margin contraction in 2021, according to Cowen. The Limelight...

Starbucks Corporation (NASDAQ: SBUX) reported Tuesday afternoon with mixed fiscal first-quarter results highlighted by a 5% U.S. same-store sales decline. The coffee chain posted a revenue miss, but EPS beat. Here's how six Starbucks sell-side analysts reacted to the print. The Starbucks...

The consensus estimates for Under Armour Inc (NYSE: UAA) appear conservative through fiscal 2023 given the company’s improving revenue trajectory, gross margin expansion, and mix shift toward direct-to-consumers, according to Cowen. The Under Armour Analyst: John Kernan upgraded Under...

Foot Locker, Inc’s (NYSE: FL) stock valuation seems attractive given the durability of the company’s competitive position and its stake in GOAT Group, known for its online sneaker offerings, according to Cowen Consumer Tracker Survey. The Foot Locker Analyst: John Kernan...

Global fast food giant Mcdonald's Corp (NYSE: MCD) reported third-quarter results Monday and laid out a vision of its future. The McDonald's Analysts Stephens analyst James Rutherford maintains an Overweight rating on McDonald's with an unchanged $250 price target. Raymond...

Fisker Inc (NYSE: FSR), which recently went public via a special purpose acquisition company deal, has traded higher since its New York Stock Exchange Debut. The stock received a charge yesterday after a sell-side analyst took a bullish stance on the electric vehicle stock.  The Fisker Analyst...

The bullish case for Spirit AeroSystems Holdings (NYSE: SPR) is based on a more favorable outlook for Boeing Co's (NYSE: BA) 737 MAX plane, according to Cowen. The Spirit AeroSystems Analyst: Cai von Rumohr upgraded Spirit AeroSystems from Market Perform to Outperform with a price target...

Wingstop Inc (NASDAQ: WING) reported third-quarter results that prompted one analyst to remain a bull while another is sticking to the sidelines. Cowen: 'Can Go The Distance' Wingstop's same-store sales in the third quarter were higher by 25.4% although this wasn't a surprise...

Chipotle Mexican Grill, Inc. (NYSE: CMG) reported third-quarter results highlighted by a strong 14.1% sales growth but soaring demand for delivery is impacting profits. Chipotle reported quarterly earnings of $3.76 per share, which beat the analyst consensus estimate of $3.40 by 10.6%. The...

Coffee chain Starbucks Corporation (NASDAQ: SBUX) is showing signs of a "durable" recovery, according to Cowen.  The Starbucks Analyst: Andrew Charles upgraded Starbucks from Market Perform to Outperform with a price target lifted from $77 to $99. The Starbucks Takeaways: Starbucks...

The sell-off in Nikola Corporation (NASDAQ: NKLA) since the Hindenburg Research report accusing the company of being an “intricate fraud built on dozens of lies” took a breather on Friday. Investors must now decide if the fraud allegations and the departure of chairman Trevor...

Adobe Inc (NASDAQ: ADBE) has catalysts to support sustainable growth and earnings power in the long term, according to Cowen. The Adobe Analyst: Derrick Wood upgraded Adobe from Market Perform to Outperform and raised the price target from $400 to $555. The Adobe Takeaways: A rebound has...

The bullish case for Domino's Pizza, Inc. (NYSE: DPZ) is based on expectations for the pizza chain to show strong earnings growth over the coming years — and the near-term Street estimates are too pessimistic, according to Cowen. The Domino's Pizza Analyst: Andrew Charles upgraded...

Marvell Technology Group Ltd’s (NASDAQ: MRVL) long-term chip partnerships in 5G infrastructure are wider in scope than previously anticipated, according to Cowen. The Marvell Technology Analyst: Karl Ackerman upgraded Marvell Technology from Underperform to Market Perform and raised the...

Apple, Inc. (NASDAQ: AAPL) hit a major market milestone this week when it became the first company to reach a $2 trillion market cap. Apple certainly has a massive opportunity ahead with the launch of its first 5G iPhones, but some investors are skeptical about how much growth potential remains for...