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Early Analyst Thoughts On JC Penney's Belle + Skye Launch
Wednesday, February 10, 2016 - 8:45am | 237Read More...J C Penney Company Inc (NYSE: JCP) shares have gained 3 percent since January 11, amid significant volatility. B. Riley’s Jeff Van Sinderen maintained a Buy rating for the company and a price target of $12.50. These programs should boost traffic, comps and EBITDA, Sinderen stated...
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Alphabet Worth $930, Says B. Riley's Sinha And Stifel's Devitt
Tuesday, February 2, 2016 - 10:45am | 418Read More...Alphabet Inc (NASDAQ: GOOGL) shares have been heading north over the past six months, and are trading close to the high end of their 52-week range of $521.72 - $798.69. B. Riley's Sameet Sinha and Stifel's Scott W. Devitt both maintained Buy ratings for the company, while raising...
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Along The Street, Analog Devices Garners Lowered PTs But Maintains Buy Rating
Friday, January 15, 2016 - 2:46pm | 331Read More...Following a new 52-week low on Thursday and a lackluster close up 0.8 percent at $47.28, Analog Devices, Inc. (NASDAQ: ADI) received analysts' attention on Friday via a series of reports. B. Riley: Maintain Buy, PT Lowered To $60 Analyst Craig A. Ellis at B. Riley maintained a Buy rating with a 24...
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B. Riley Is Selling Yelp
Thursday, January 14, 2016 - 3:17pm | 224Read More...Shares of Yelp Inc (NYSE: YELP) were trading down 2.58 percent on Thursday. B. Riley analyst Sameet Sinha downgraded Yelp to Sell from Neutral with a price target lowered from $21.00 to $15.00 based on 9x 2016 AEBITDA (13x previously). The analyst is lowering its 2016/2017 AEBITDA by 9 percent/...
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B. Riley: We're Buyers Of JC Penney After New Numbers
Friday, January 8, 2016 - 10:56am | 249Read More...J C Penney Company Inc (NYSE: JCP) shares are down 24 percent since October 9. B. Riley analysts maintained a Buy rating for the company, with a price target of $12.50. The company is among the “more attractive turnaround stories” in retail, the analysts stated. JC Penney...
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US Stock Futures Edge Lower Ahead Of Earnings
Tuesday, October 27, 2015 - 6:37am | 579Read More...Pre-open movers US stock futures traded slightly lower in early pre-market trade, ahead of earnings from Alibaba Group Holding Ltd (NYSE: BABA), Apple Inc. (NASDAQ: AAPL), Ford Motor Company (NYSE: F) and Twitter Inc (NYSE: TWTR). The Federal Open Market Committee will begin 2-day meeting today....
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Street Downgrading SanDisk After Western Digital Buyout
Thursday, October 22, 2015 - 8:36am | 531Read More...SanDisk Corporation (NASDAQ: SNDK) shares are down 23 percent year-to-date, despite making a recovery past the $70 mark through October. Morgan Stanley and B. Riley downgraded their ratings on the company, while raising their price targets. SanDisk has inked an agreement to sell the...
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B. Riley Downgrade Putting Pressure On Yahoo
Wednesday, October 21, 2015 - 11:48am | 87Read More...Yahoo! Inc. (NASDAQ: YHOO) shares are trading lower by $1.40 at $31.43 in Wednesday's session. Following a downgrade at B. Riley from Neutral to Buy and price target slashed from $50 to $35, the issue has been under selling pressure. After a lower open, it had a brief rally to $32.43 before...
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B. Riley Warns Yahoo Resets Could Lead To Year Of Negative Growth
Wednesday, October 21, 2015 - 8:54am | 300Read More...Shares of Yahoo! Inc. (NASDAQ: YHOO) were trading lower by nearly 2 percent during Wednesday's pre-market session following its third-quarter print. Sameet Sinha of B. Riley downgraded Yahoo to Neutral from Buy with a price target slashed to $35 from a previous $50. Sinha cited Yahoo...
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B. Riley: Time To Buy TransAct Technologies
Wednesday, October 14, 2015 - 9:35am | 352Read More...TransAct Technologies Incorporated (NASDAQ: TACT) shares have risen 35 percent since July 14, having risen from below $8 to above $10. B. Riley’s Kara Anderson initiated coverage of the company with a Buy rating and a price target of $12.50. TransAct’s new products have a...
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B. Riley Starts PayPal At Neutral, Cites 'Unique Positioning'
Tuesday, September 8, 2015 - 4:12pm | 372Read More...Paypal Holdings Inc (NASDAQ: PYPL) shares are down 12 percent over the past month, after jumping to $42.55 soon after its IPO. B. Riley’s Scott Tilghman initiated coverage of the company with a Neutral rating and a price target of $40. Tilghman believes that PayPal enjoys a unique...
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B. Riley Upgrades Office Depot To Buy; Firm Likes Fundamentals And Acquisition Potential
Tuesday, September 8, 2015 - 10:44am | 379Read More...Shares of Office Depot Inc (NASDAQ: ODP) have fallen significantly from mid-year highs due to continued uncertainty regarding its planned acquisition by Staples, Inc. (NASDAQ: SPLS). In a report published Monday, B. Riley analyst Scott Tilghman argued that "it is unlikely" that the...
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No New EPIX Deal For Netflix. Will Hulu Step In?
Monday, August 31, 2015 - 10:51am | 429Read More...Lions Gate Entertainment Corp. (USA) (NYSE: LGF) shares are up 16 percent year-to-date, despite having lost 5 percent over the past month. B. Riley’s Craig A. Ellis maintained a Buy rating on the company, with a price target of $45. Ellis said that a ramp in other opportunities...
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B. Riley Upgrades Yelp Amid Valuation, Expectation For Improvements In Traffic
Thursday, August 27, 2015 - 8:35am | 421Read More...Yelp Inc (NYSE: YELP) shares have plunged 57 percent year-to-date. Trading in the low $20s, the shares are a far cry from their 52-week high of $86.88. B. Riley’s Sameet Sinha upgraded the rating for the company from Sell to Neutral, with a price target of $22. Following the steady...
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US Stock Futures Slide Ahead Of Deere, Foot Locker Earnings
Friday, August 21, 2015 - 7:06am | 432Read More...Pre-open movers US stock futures traded lower in early pre-market trade, ahead of earnings from Deere & Company (NYSE: DE) and Foot Locker, Inc. (NYSE: FL). The manufacturing PMI for August will be released at 9:45 a.m. ET. Futures for the Dow Jones Industrial Average dropped 62.5 points to...
