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Flora Growth's Shares Soar On Securing A 'Crucial Footprint In An Established International Cannabis Market'
Tuesday, December 27, 2022 - 8:48am | 541Flora Growth Corp. (NASDAQ: FLGC) on December 23, 2022, it closed the acquisition of all of the issued and outstanding shares of Franchise Global Health Inc. (TSXV:FGH). “We view this acquisition as transformational as Flora pursues its strategic growth plan to lead the global market for...
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Why This Analyst Set A $3 Price Target On SINTX Shares
Thursday, September 12, 2019 - 9:46am | 400The FDA-registered silicon nitride medical device manufacturing facility company SINTX Technologies Inc (NASDAQ: SINT) boasts five near-term catalysts that should help the stock double in value, according to Ascendiant Capital Markets. Sintx said in a Wednesday press release that it has...
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OpenTable Write Down Wasn't Too Material To Priceline's Overall Business
Tuesday, November 8, 2016 - 10:16am | 364Ascendiant Capital Markets maintains its Buy rating on Priceline Group Inc (NASDAQ: PCLN) as continued strong hotel growth and international momentum led to better-than-expected results for the third quarter. Also, the brokerage said the $941 million OpenTable write -down is not material, as it...
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MGT Capital Initiated Buy At Ascendiant, Positive On Co's Cyber Security Focus
Monday, August 15, 2016 - 8:46am | 285MGT Capital Investments Inc. (NYSE: MGT) announced that it has inked an agreement with D-Vasive Inc to acquire certain technology and assets. The deal marks MGT Capital’s move into cyber security and could be a “major catalyst for the stock,” Ascendiant Capital Markets’...
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Ascendiant Thinks Priceline's 10% Selloff Is Unwarranted
Thursday, May 5, 2016 - 10:02am | 326Ascendiant Capital’s Edward Woo believes the 10 percent decline in the share price of Priceline Group Inc (NASDAQ: PCLN) followings its 1Q results was unwarranted, and the share price is likely to recover as the company continued to outperform. The analyst maintains a Buy rating on Priceline...
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Ascendiant Sees 60% Upside In Elephant Talk
Thursday, April 14, 2016 - 10:17am | 277Elephant Talk Communications Corp (NYSE: ETAK) reported weak and disappointing 3Q results, with revenue and adjusted EBITDA of $3 million and ($4.6) million, respectively. Ascendiant Capital’s Edward Woo maintained a Buy rating for the company, while reducing the price target from $0.75 to...
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Ascendiant Capital Markets: Activision Blizzard Shares Attractive Ahead Of Earnings
Monday, August 4, 2014 - 12:25pm | 391Analysts at Ascendiant Capital Markets believe that shares of Activision Blizzard (NASDAQ: ATVI) are attractive going into the company's second quarter results. The analyst, Edward Woo, is expecting Activision Blizzard to report an inline quarterly report when the company releases its...
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Groupon Earnings Preview: In-Line Results Expected, US Booking Progress
Wednesday, November 6, 2013 - 5:04pm | 299Groupon (NASDAQ: GRPN) reports its 3Q13 earnings on Thursday, November 7 with a call at 2:00pm PT. Consensus estimates show the average Q3 EPS estimate is 0.01, with Q3 prior estimate showing 0.03. The revenue estimate is expected at $616.13 million, with a $568.55 million prior revenue estimate...
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UPDATE: Ascendiant Capital Downgrades LeapFrog Enterprises on on Lower Consumer Demand for LeapPad 2 Power/Ultra
Thursday, October 10, 2013 - 11:35am | 147In a report published Thursday, Ascendiant Capital Markets analyst Edward Woo downgraded the rating on LeapFrog Enterprises (NYSE: LF) from Buy to Neutral, and lowered the price target from $12.00 to $8.00. In the report, Ascendiant Capital Markets noted, “Based on our proprietary channel checks,...
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UPDATE: Ascendiant Capital Markets Raises PT on Firsthand Technology Value Fund Following Q2 Gains, Q3 Outlook
Thursday, August 15, 2013 - 10:50am | 190In a report published Thursday, Ascendiant Capital Markets analyst Edward Woo reiterated a Buy rating on Firsthand Technology Value Fund (NASDAQ: SVVC), and raised the price target from $23.00 to $26.00. In the report, Ascendiant Capital Markets noted, “Net change in net assets from operations...
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UPDATE: Ascendiant Capital Initiates Orbitz Worldwide at Buy on Multiple Positive Trends
Wednesday, June 26, 2013 - 9:40am | 120In a report published Wednesday, Ascendiant Capital analyst Edward Woo initiated coverage on Orbitz Worldwide (NYSE: OWW) with a Buy rating and $10.00 price target. In the report, Ascendiant Capital noted, “We believe that the company's position as one of the world's leading OTAs will continue...
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UPDATE: Ascendiant Capital Raises PT on GameStop Following E3
Wednesday, June 19, 2013 - 10:56am | 200In a report published Wednesday, Ascendiant Capital analyst Edward Woo reiterated a Buy rating on GameStop (NYSE: GME), and raised the price target from $44.00 to $46.00. In the report, Ascendiant Capital noted, “The major video game industry convention E3 took place last week in Los Angeles....
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UPDATE: Ascendiant Raises PT on Travelzoo on Optimistic Management View
Tuesday, May 21, 2013 - 10:40am | 115In a report published on Tuesday, Ascendiant analyst Edward Woo raised the price target on Travelzoo (NASDAQ: TZOO) from $26.00 to $32.00 and reiterated a Neutral rating. In the report, Ascendiant noted, "The strength in its core travel product bodes well for steady improvement in 2013. As core...
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GSV Capital Sell Off Overdone?
Thursday, May 24, 2012 - 3:55pm | 201GSV Capital Corp (NASDAQ: GSVC) is having yet another down day after Facebook's (NASDAQ: FB) infamous IPO last Friday. The company is widely known for holding pre-IPO shares of Facebook and many investors were expecting a rally in Facebook shares to make GSV Capital's stock to go through the roof...