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Roth Sees Rare Opportunity For Cannabis Industry, MSOs
Monday, March 18, 2019 - 4:14pm | 607The cannabis industry faces a rare opportunity as the drug heads toward a potential rescheduling in the United States. A new Roth Capital report suggests that multistate operators (MSOs) are the most promising companies in the space. The Analyst Roth Capital Partners analyst Scott Fortune said the...
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Roth Capital Upgrades Marchex On Improving Fundamentals, Compelling Valuation
Monday, January 28, 2019 - 2:25pm | 334Marchex, Inc. (NASDAQ: MCHX) has been undergoing a period of transformation and should become a growth business in 2019 and beyond, according to Roth Capital. The Analyst Roth Capital’s Darren Aftahi upgraded Marchex from Neutral to Buy and raised the price target from $3.40 to $7. The Thesis...
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SodaStream Has Quietly Had A Really Nice Run
Thursday, February 16, 2017 - 9:24am | 800Sodastream International Ltd (NASDAQ: SODA) popped nearly 6 percent Wednesday after management reported fourth-quarter sales 5 percent above estimates. This marks SodaStream’s fifth consecutive positive quarter. The company has been on a 300-percent run since February 2016, when it saw long-...
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Recro's Late-Stage IV Meloxicam Trial Results Rocket Stock Skyward
Monday, November 28, 2016 - 11:42am | 368Recro Pharma Inc (NASDAQ: REPH) shares are jumping on Monday after it announced positive top-line results from the second of the two late-stage trials of intra-venous meloxicam meant to treat acute post-operative pain. The Compound Meloxicam is long-acting preferential COX-2 inhibitor,...
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First Solar Bulls Get Burned Following Q2 Beat
Thursday, August 4, 2016 - 2:16pm | 366First Solar, Inc. (NASDAQ: FSLR) bulls are enduring a frustrating trading session on Thursday. The stock is down 11.3 percent on the day following Q2 earnings and revenue beats. First Solar charged $86 million in Q2 when it decided to no longer make solar panels using TetraSun’s silicon...
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MeetMe: Part Match.com, Part Facebook; Are Investors Expecting A Bid From Either?
Thursday, June 16, 2016 - 3:42pm | 374MeetMe, Inc (NASDAQ: MEET) is up 9 percent since news of LinkedIn Corp (NYSE: LNKD)’s purchase by Microsoft Corporation (NASDAQ: MSFT). Other Internet/social media companies have risen also — Twitter Inc (NYSE: TWTR) is up 7.5 percent and Match Group Inc (NASDAQ: MTCH) of Match.com is...
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Aptose Upgraded To Buy At Roth, Price Target Doubled
Monday, June 13, 2016 - 8:58am | 284Roth Capital has upgraded Aptose Biosciences Inc (NASDAQ: APTO) to Buy from Neutral "on an expected inflection point in the near-term, namely the allowance for APTO-253 to return to the clinical." Belonging to a new small molecules class, APTO-253 "is designed to induce a silent tumor-suppressive...
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Biocept Is An Emerging Leader In Liquid Biopsy; Roth Starts At Buy
Monday, June 6, 2016 - 12:56pm | 301Roth Capital Partners analyst, Chris Lewis, believes that Biocept Inc (NASDAQ: BIOC) is an emerging leader in Liquid Biopsy. Therefore, he initiated coverage on the stock with a rate of Buy and kept a price tag of $1.20. The brokerage thinks that through its proprietary technology platform,...
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Roth Capital: Buy IZEA On Millennial Trends
Friday, June 3, 2016 - 10:22am | 338Roth Capital has initiated coverage on Izea Inc (NASDAQ: IZEA) with a Buy rating and $9 price target, saying that the digital marketing company would benefit from millennial trends. Izea, with its agnostic platform, should capitalize on the ongoing millennial shift to mobile apps that has given...
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Roth Capital Says Short Report On Mitek 'Creates Buying Opportunity'
Thursday, June 2, 2016 - 4:26pm | 432On Thursday morning, TheStreetSweeper published a report providing seven reasons why Mitek Systems, Inc. (NASDAQ: MITK), which had almost doubled since the beginning of the year, is on the verge of a nosedive. Among the issues were insider sales, intellectual property, Mobile ID competition and...
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Roth Sees Minimal Sales Growth From Digital Ally
Thursday, May 12, 2016 - 8:05am | 244Digital Ally, Inc. (NASDAQ: DGLY) reported its 1Q16 results significantly short of expectations. Roth Capital’s William Gibson maintained a Neutral rating for the company, citing expectations of “minimal sales growth” and the uncertainties around Digital Ally’s court...
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Synergy Resources' Asset Purchase Leads To Dilution, Roth Downgrade
Thursday, May 5, 2016 - 2:13pm | 379Roth Capital has downgraded Synergy Resources Corp (NYSE: SYRG) to Neutral from Buy, saying its recent $505 million asset purchase deal will lead to additional share dilution. Synergy Resources agreed to buy 33,100 netacres in the core Wattenberg (72,000 gross) from Noble Energy, Inc. (NYSE: NBL)...
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Synergy Pharma Seen 'Weighing' Options, Sell-Side Forecasts Upside Regardless Of M&A Rumors
Thursday, May 5, 2016 - 12:29pm | 489Like many small-cap biotech stocks, Synergy Pharmaceuticals Inc (NASDAQ: SGYP) is no stranger to the rumor mill. StreetInsider reported the company was exploring a sale on April 8, sending shares 8 percent higher. Bloomberg reported a similar rumor in March 2015, also yielding no follow-through...
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Roth Reiterates Sell Rating Ahead Of Yelp's Q1 Earnings
Monday, May 2, 2016 - 5:06pm | 302Yelp Inc (NYSE: YELP) is scheduled to announce Q1 results after the market closes on Thursday. Ahead of the report, Roth Capital analyst Darren Aftahi reiterated a Sell rating and $12.50 price target on shares citing “negative operating leverage and decelerating local sales and mobile user...
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Does Supermicro's Pre-Announcement Signal More Pain For Software Earnings?
Monday, April 18, 2016 - 11:59am | 322Last week, Super Micro Computer, Inc. (NASDAQ: SMCI) pre-announced some disappointing Q1 revenue numbers. But what does the company’s weak Q1 mean for its stock and for other software companies that will report Q1 earnings this week? Clearly the market was disappointed with the news of Q1...