-
AI Will Drive 25% Of GDP In 10 Years, Says Analyst: Which Company Will Emerge The Winner?
Thursday, March 9, 2023 - 3:07pm | 446Read More...The use of artificial intelligence (AI) technology is catalyzing the next platform shift, and will become integrated with every business, contributing to 25% of GDP growth, says Oppenheimer & Co. The company's Thursday industry update to investors is a deep dive into the new AI food chain...
-
MindMed's Shares Drop 50% On $30M Public Offering
Wednesday, September 28, 2022 - 8:23am | 444Read More...Mind Medicine Inc. (NASDAQ: MNMD) (NEO:MMED), a clinical stage biopharmaceutical company developing novel products to treat brain health disorders, announced the pricing of its underwritten public offering of 7 million common shares, together with accompanying warrants to purchase 7 million common...
-
Leafly Cannabis Info Platform Goes Public Via Deal With Merida Merger Corp, The Combined Company Equity Projected At $532M
Monday, August 9, 2021 - 10:18am | 663Read More...The cannabis information platform Leafly Holdings Inc. will go public via a business combination with a special purpose acquisition company Merida Merger Corp.(NASDAQ: MCMJ). Leafly confirmed Monday that it had signed a definitive agreement for the business...
-
Oppenheimer NAREIT Preview: A Bullish Outlook On Real Estate
Friday, June 5, 2015 - 8:33am | 802Read More...On June 4, Oppenheimer REIT analysts Steve Manaker and Amit Nihalani published an "Industry Update -- NAREIT Preview," focused upon interest rate trends and the overall real estate environment. Oppenheimer remains bullish for the next 12 to 18 months and remains Overweight on the REIT...
-
Oppenheimer: 25% Upside For Small-Cap REIT Bluerock Residential
Tuesday, June 2, 2015 - 2:27pm | 930Read More...Last Friday, Oppenheimer & Co. (Opco) analysts Amit Nihalani and Steve Manaker published a report titled "Attractively Valued Growth Story…" and initiated coverage of $263 million cap Bluerock Residential Growth REIT Inc (NYSE: BRG) at Outperform. Bluerock provides capital at a target 15...
-
Solid Q1 For Morgan Stanley, But Oppenheimer Says Not Big Enough To Move The Needle
Monday, April 20, 2015 - 1:23pm | 338Read More...Morgan Stanley (NYSE: MS) came out with better-than-expected first quarter earnings. While analysts were expecting EPS for the quarter to be around $0.78 on revenue of $9.19 billion, the bank declared an EPS of $1.18 on revenue of $9.9 billion. Chris Kotowski, senior bank analyst at Oppenheimer...
-
Oppenheimer And Zillow: Model Adjusted Amid Trulia Acquisition, Shares Rebounding
Thursday, April 16, 2015 - 1:21pm | 651Read More...On Tuesday, Oppenheimer & Co. Inc. (Opco) published a note updating their model on Zillow Group Inc (NASDAQ: Z) after CEO Spencer Rascoff lowered Zillow guidance for FY 2015. Opco's Zillow Highlights FY 2015 EBITDA lowered to just $80 - $85 million vs. a prior consensus of approximately $146...
-
UPDATE: Oppenheimer Raises Price Target On Chipotle Mexican Grill, Inc.
Wednesday, September 10, 2014 - 9:15am | 139Read More...In a note released Wednesday, Oppenheimer analyst Brian Bittner raised the price target on Chipotle Mexican Grill, Inc. (NYSE: CMG) from $700 to $775 and reiterated an Outperform rating. Bittner's continued optimism, during times when the stock is already reaching record highs, is based on...
-
U.S. Oil Refining Eyes Big Expansion Amid Shale Spike
Monday, March 3, 2014 - 3:01pm | 514Read More...As of early 2013, according to the U.S. Energy Information Administration, there were 143 operable oil refineries in the U.S. – less than half the number there were in 1982. But that decline appears to be ending. The new oil boom in the Dakotas, Texas, Oklahoma and elsewhere is reportedly...
-
Do Recent J.C. Penney Share Prices Reflect Investor Optimism or False Hope?
Thursday, November 21, 2013 - 12:23pm | 575Read More...J.C. Penney (NYSE: JCP) shares jumped more than eight percent Wednesday closing at $9.44. This, despite a $489 million Q3 loss, compared with a $123 million loss during the same period a year ago. The adjusted loss of $1.81 per share was more than the $1.77 per share loss analysts expected...
-
UPDATE: Oppenheimer Initiates Fusion-io at Perform Rating on Current Competitive Advantage
Tuesday, March 26, 2013 - 9:24am | 156Read More...In a report published Monday, Oppenheimer analyst Ittai Kidron initiated coverage of Fusion-io Inc. (NYSE: FIO) with a Perform rating. Kidron wrote, "We are initiating coverage on Fusion-io with a Perform rating. We believe Fusionio's first-mover advantage in the PCIe storage market and ability to...
-
Oppenheimer Maintains Corning at Outperform on Long-Term Segment Display Positivity
Tuesday, March 19, 2013 - 9:46am | 151Read More...In a report published Tuesday by Oppenheimer, analyst Andrew Uerkwitz reiterated an Outperform rating on Corning Incorporated (NYSE: GLW) and maintained a $15 price target. In the report, Uerkwitz wrote, "We hosted Corning CFO, Jim Flaws, in New York on Friday, March 15. We came away confident in...
-
UPDATE: Oppenheimer Raises Gilead PT on Promising Oncology Pipeline
Thursday, March 14, 2013 - 11:21am | 145Read More...Oppenheimer analyst David Ferreiro published a report Wednesday that maintained an Outperform rating on Gilead Sciences (NASDAQ: GILD) and increased the price target from $45 to $50. Ferreiro wrote, "We reviewed GILD's oncology pipeline, focusing on lead candidates idelalisib (PI3K inhibitor) for...
-
UPDATE: Oppenheimer Raises Semtech PT to $41 Following Gennum Acquisition
Thursday, March 7, 2013 - 11:26am | 133Read More...Oppenheimer published a report Wednesday that maintained its Outperform rating on Semtech Corp. (NASDAQ: SMTC) and raised its price target from $35 to $41. In the report, Oppenheimer wrote, "We're increasing our SMTC estimates and price target following a second consecutive quarter of standout...
-
Oppenheimer Maintains Outperform on Nvidia
Monday, December 19, 2011 - 9:27am | 128Read More...Oppenheimer reiterates its Outperform on Nvidia (NASDAQ: NVDA) as the company is purported to be in joint venture talks with Foxconn for a research and development center in China. Oppenheimer notes, "Foxconn Electronics (Hon Hai Precision Industry) and Nvidia, under coordination with the Tianjin...
