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Could PepsiCo Buy Out Celsius Holdings Or Monster Beverage? Why M&A In Energy Drinks Market Is Heating Up
Friday, June 24, 2022 - 1:58pm | 973As beverage companies compete to grow their non-carbonated drinks divisions, energy drink companies have often been subject to buyout rumors. A terminated distribution agreement between an energy drink company and a leading beverage company is leading to more merger and acquisition speculation in...
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Stifel Buys Back Into Biogen, Sees Upside In Alzheimer's Candidate
Tuesday, August 7, 2018 - 2:26pm | 448The Street leans bullish on Biogen Inc (NASDAQ: BIIB), and one sidelined analyst doesn’t want to miss on the profits. The Rating Stifel Nicolaus analyst Paul Matteis resumed coverage of Biogen with a Buy rating and $394 price target. The Thesis Biogen’s fate is seen to hinge...
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Stifel Tosses Casella Waste On Labor, Site Headwinds
Monday, August 6, 2018 - 10:25am | 404Casella Waste Systems Inc. (NASDAQ: CWST) missed bottom-line estimates last week and suffered a 6-percent plunge in share price. The stock recovered its losses and then some, but one Wall Street firm tossed the trash company to the side. The Rating Stifel Nicolaus analyst Michael Hoffman...
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Stifel Cuts NewLink Valuation Estimate In Half On Regulatory, Development Risks
Wednesday, August 1, 2018 - 3:31pm | 372Despite exceeding bottom-line expectations, NewLink Genetics Corp (NASDAQ: NLNK) plummeted Wednesday on second-quarter sales that were nearly 50 percent below projections. Stifel Nicolaus sees little visibility for NewLink going forward. The Rating Stifel Nicolaus analyst Stephen...
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Stifel Upgrades Landstar On Expected Volume Growth, Yields, Agent Recruitment
Monday, July 30, 2018 - 4:08pm | 320Landstar System, Inc. (NASDAQ: LSTR) missed earnings-per-share estimates last quarter, but Stifel Nicolaus considers its performance better than the bottom line suggests. The Rating Stifel analyst Bruce Chan upgraded Landstar to Buy and raised his price target from $123 to $128. The Thesis Elevated...
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Stifel Doubles Down On MEI Pharma, Considers ME-401 'Best-In-Class'
Friday, July 27, 2018 - 10:29am | 410MEI Pharma Inc (NASDAQ: MEIP) is down 31.5 percent from its one-year high struck after the release of preliminary data for ME-401. Stifel Nicolaus considers the decline a stake-building opportunity. The Analyst Analyst Stephen Willey upgraded MEI from Hold to Buy and raised the...
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Analysts React To IBM's Q2; Report 'Helps Put In A Valuation Floor,' Says Morgan Stanley
Thursday, July 19, 2018 - 2:40pm | 491IBM (NYSE: IBM) reported second-quarter earnings Wednesday, narrowly beating consensus estimates for both EPS and sales. Investors responded positively for the most part, though some commentators did express concerns about the details. The Analysts Morgan Stanley’s Katy Huberty...
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Galmed Notches Second Bullish Rating On Aramchol Opportunity
Friday, July 13, 2018 - 10:49am | 446Two days after Cantor Fitzgerald gave Galmed Pharmaceuticals Ltd (NASDAQ: GLMD) a shot in the arm with an ultrabullish rating, Stifel Nicolaus administered a booster. Galmed spiked 15 percent Friday morning after already having risen 21 percent in the preceding session. The Analyst ...
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'Dramatic Improvements': Stifel Goes Full Bull On Conn's
Wednesday, July 11, 2018 - 11:16am | 360Furniture retailer Conn’s Inc (NASDAQ: CONN) shares saw a strong recovery in June that bulls expect to continue through the next year. The Rating Stifel Nicolaus analyst John Baugh upgraded Conn’s from Hold to Buy and raised the price target from $35 to $45. The Thesis...
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Piper Jaffray, Stifel Defend Array Biopharma As Stock Falls On Profit-Taking
Thursday, June 28, 2018 - 11:42am | 408The Food and Drug Administration approved Array Biopharma Inc (NASDAQ: ARRY)’s combination therapy of Mektovi and Braftovi in the treatment of BRAF-mutant melanoma on Wednesday. The stock, which rallied ahead of the news, subsequently plunged as investors walked with profits — but...
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Ascendis Will Rise Higher On 'Game-Changing' TransCon Technology, Stifel Says In Bullish Initiation
Tuesday, June 26, 2018 - 10:21am | 407Ascendis Pharma A/S (NASDAQ: ASND) shares are up 180 percent year-over-year, but one analyst thinks the Street hasn’t been generous enough. The Analyst Stifel Nicolaus analyst Adam Walsh initiated coverage on Ascendis with a Buy rating and $85 price target. The Thesis By Walsh...
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Dr Pepper Snapple Downgraded On Stifel Stub Value Analysis
Tuesday, June 19, 2018 - 10:31am | 346Dr Pepper Snapple Group Inc. (NYSE: DPS) is expected to be subsumed by Keurig Green Mountain in July. The stock has maintained substantial gains since the first merger announcement, and Stifel Nicolaus thinks it couldn’t do any better. The Rating Analysts Mark Swartzberg, Christopher Sinnott...
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A Peek Into The Markets: Dow Futures Fall Over 300 Points
Tuesday, June 19, 2018 - 7:31am | 417Pre-open movers U.S. stock futures traded lower in early pre-market trade. Data on housing starts for May will be released at 8:30 a.m. ET. Futures for the Dow Jones Industrial Average fell 339 points to 24,677.00, while the Standard & Poor’s 500 index futures traded declined 30.25 points...
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Boston Scientific Halted On Stryker Takeover Approach
Monday, June 11, 2018 - 2:43pm | 260Stryker Corporation (NYSE: SYK) has approached Boston Scientific Corporation (NYSE: BSX) with a buyout opportunity, according to The Wall Street Journal. Boston Scientific shares spiked 11 percent on the initial report and were subsequently halted with news pending. Stryker plunged 3.3 percent...
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Stifel Books A Long-Term Stay In Wyndham Hotels After Spinoff
Monday, June 4, 2018 - 9:27am | 313Wyndham Hotels & Resorts Inc (NYSE: WH) spun off from Wyndham Worldwide on Thursday, liberating it from a range-bound stock and providing fresh room to run, according to Stifel Nicolaus. The Rating Analysts Simon Yarmak and Alexander Fraser initiated coverage with a Buy rating and $68 price...