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Craig Johnson Recommends This Transportation Stock Ahead Of Earnings
Monday, October 18, 2021 - 8:48am | 180On CNBC’s “Trading Nation,” Craig Johnson of Piper Sandler said that the downturn in the Dow Jones Transportation Index seems to be over, with some strength expected in transportation stocks ahead. Johnson also pointed out that railroads constitute around a third of the entire Dow...
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Piper Jaffray Is Craving Chipotle In 2020
Monday, December 30, 2019 - 10:46am | 331Chipotle Mexican Grill, Inc. (NYSE: CMG) will close 2019 the same way it started the year as a "top pick" stock at Piper Jaffray. The Analyst Nicole Miller Regan maintains an Overweight rating on Chipotle's stock with a $904 price target. The Thesis The bullish case for making...
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Apple Analyst Raises Price Target Ahead Of 5G iPhone Launch
Friday, December 20, 2019 - 10:31am | 439This year has been a huge year for Apple, Inc. (NASDAQ: AAPL) and its shareholders. However, one Wall Street analyst said Friday that Apple’s 5G iPhones could drive another big year for the stock in 2020. The Analyst Piper Jaffray analyst Michael Olson reiterated his Overweight rating for...
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Piper Jaffray Bullish On Facebook, Says Negative Headlines And Regulatory Challenges Priced In
Tuesday, December 3, 2019 - 11:55am | 397Despite an onslaught of negative headlines, Facebook, Inc. (NASDAQ: FB) is having another good year in 2019, and one analyst said Tuesday the company should continue dodging negative headlines and focus on leveraging its core business. The Analyst Piper Jaffray analyst Michael Olson initiated...
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Sell-Side Likes The Outlook For Activision Blizzard, Take-Two Interactive
Friday, November 8, 2019 - 1:19pm | 748Activision Blizzard, Inc. (NASDAQ: ATVI) and Take-Two Interactive Software (NASDAQ: TTWO) not only had strong September quarters, but look good heading into next year sell-side analysts said, suggesting company guidance on the near-future may be too conservative. Analysts universally liked...
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What's Next For McDonald's After Easterbrook's Abrupt Departure?
Monday, November 4, 2019 - 6:10pm | 711McDonald's Corp (NYSE: MCD) abruptly parted ways with CEO Steve Easterbrook on Sunday and represents a new topic of uncertainty for investors. The Analysts UBS analyst Dennis Geiger maintains a Neutral rating on McDonald's stock with a $212 price target. Bank of America analyst Gregory...
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Biotech Stock On The Radar: Immunomedics' Long Wait For Redemption
Wednesday, October 23, 2019 - 4:27pm | 1374Immunomedics, Inc. (NASDAQ: IMMU) is a biopharma company focusing on the development of antibody-drug conjugates, or ADCs. The Morris Plains, New Jersey-based company was founded in 1982 and has yet to market a commercial product. Its investigational therapies include ADCs that are...
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Analysts: iRobot Will Struggle Due To Trade Issues, Increasing Competition
Wednesday, October 23, 2019 - 10:52am | 372Shares of iRobot Corporation (NASDAQ: IRBT) were trading lower Wednesday after the company narrowed its fiscal year 2019 revenue guidance from a range of $1.2-$1.25 billion to a range of $1.2-$1.21 billion and its operating income guidance from a range of $75-$100 million to $75-$80 million....
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Piper Jaffray Upgrades AeroVironment On Valuation, Growth Opportunities
Wednesday, October 16, 2019 - 11:56am | 341The recent pullback in AeroVironment, Inc’s (NASDAQ: AVAV) shares offers a “more compelling” entry point for investors, while the company has plans for various growth initiatives through fiscal 2020 and beyond, according to Piper Jaffray. The Analyst Piper Jaffray’s Troy...
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Survey: Teens Spend More Time On YouTube Than Netflix
Tuesday, October 15, 2019 - 10:30am | 362Teens head to Alphabet Inc. (NASDAQ: GOOGL)’s YouTube and Netflix Inc. (NASDAQ: NFLX) for entertainment and Amazon.com Inc. (NASDAQ: AMZN) to buy stuff, a new survey shows. Watching Online Teens spend 37% of the time they’re consuming video entertainment watching YouTube, slightly ahead...
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Analyst: Canopy Growth Can Outlast Near-Term Headwinds
Tuesday, October 1, 2019 - 1:55pm | 399Canopy Growth Corp (NYSE: CGC) shares are down nearly 50% in the past six months, but one analyst said Tuesday the company and its patient investors will ultimately be able to ride out the near-term headwinds in the cannabis space. The Analyst Piper Jaffray analyst Michael Lavery reiterated his...
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Street Analysts Mixed After Darden Restaurants Serves Up Lukewarm Results
Friday, September 20, 2019 - 4:17pm | 891Olive Garden's parent company Darden Restaurants, Inc. (NYSE: DRI) reported fiscal first-quarter results which came in mixed versus expectations while some metrics flat out disappointed. Here is a summary of how some of the Street's top analysts reacted to the print and management's...
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Potential No-Premium Deal Raises Questions On Altria's Outlook, This Analyst Moves Aside
Tuesday, September 10, 2019 - 12:23pm | 344Altria Group Inc (NYSE: MO) is in talks with Philip Morris International Inc. (NYSE: PM) for a merger with no premium. The absence of a premium suggests that Altria’s underlying fundamentals and management's outlook for the company’s future may be worse than was earlier anticipated...
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Analysts: Ulta Beauty's Drastic Second-Half Guidance Cut A Blemish For Retailer
Friday, August 30, 2019 - 1:07pm | 583Ulta Beauty Inc (NASDAQ: ULTA) shares tumbled to an eight-month low Friday in reaction to the retailer's second-quarter results, which revealed earnings and revenue misses as well as lower full-year guidance. The Analysts Piper Jaffray analyst Erinn Murphy downgraded Ulta from...
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Piper Jaffray: AMD 'More Or Less Fully Valued'
Monday, August 19, 2019 - 2:45pm | 318Advanced Micro Devices, Inc. (NASDAQ: AMD) has an “exciting” product portfolio, but the recent rise in the semiconductor company’s share price is keeping Piper Jaffray on the sidelines. The Analyst Harsh Kumar started coverage of Advanced Micro Devices with a Neutral rating...