-
Deciphera Pharma Scores A Sell-Side Recommendation
Friday, February 16, 2018 - 1:59pm | 349Deciphera Pharmaceuticals Inc (NASDAQ: DCPH)’s kinase switch control platform has largely gone unnoticed on the Street. The nascent portfolio caught an analyst's attention this week. The Rating B Riley analyst Madhu Kumar initiated coverage on Deciphera with a Buy rating and $43...
-
Salesforce Partners With Google: Everything You Should Know
Wednesday, November 8, 2017 - 4:32pm | 421The cloud segment saw a major shakeup this week after salesforce.com, inc. (NYSE: CRM) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) confirmed a new partnership. As part of the agreement, Google's office software suite will be integrated into Salesforce's core platform, while Google...
-
Plot Twist: AMC Entertainment's Messy Q3 Carries Positive Themes
Tuesday, November 7, 2017 - 3:26pm | 651Shares of AMC Entertainment Holdings Inc (NYSE: AMC) hit a new 52-week low of $11.25 Tuesday morning, but quickly rebounded into positive territory. Some of Wall Street's top analysts were encouraged by the company's third-quarter earnings report and defended against a concerning guidance...
-
Not All Footwear Stores Are Struggling: DSW Steps Into A Buy Rating After Q2 Beat
Wednesday, August 23, 2017 - 11:36am | 327Not all footwear stores are struggling. DSW Inc. (NYSE: DSW) delivered a clean beat from top to bottom in the second quarter, where comps turned positive for the first time since Q4 2015. After the results hit, DSW's stock had its best gain in its 12-year history. All the metrics looked good...
-
On Western Digital's Updated Guidance, B. Riley Still Prefers Marvell
Tuesday, June 27, 2017 - 8:52am | 403Western Digital Corp (NASDAQ: WDC) issued an unscheduled press release after Monday's market close in which the company updated its fiscal fourth-quarter expectations and reiterated its calendar 2017 earnings per share outlook. Western Digital said it still expects sales in the fourth quarter to be...
-
B. Riley Positive On Immersion Ruling Against Apple
Friday, February 17, 2017 - 2:18pm | 393Shares of Immersion Corporation (NASDAQ: IMMR), a licensing company focused on the creation, design, development and licensing of haptic technologies, spiked higher Friday morning following an encouraging note from analysts at B. Riley. According to the analysts, Immersion received a favorable...
-
The Acquisition Of Starz Should Help Lions Gate Diversify
Friday, July 1, 2016 - 12:46pm | 276Rumors of Lions Gate Entertainment Corp. (USA) (NYSE: LGF) making an offer for Starz (NASDAQ: STRZA) were first released to Benzinga on June 23. On Thursday, June 30, Lions Gate confirmed those rumors, announcing a plan to buy Starz for $4.4 billion. B Riley's Take B Riley's Eric Wold viewed the...
-
B. Riley Upgrades SanDisk To Buy Following Q2 Results
Thursday, July 23, 2015 - 7:09am | 278In a report published Thursday, B. Riley analyst Craig A. Ellis upgraded the rating on SanDisk Corporation (NASDAQ: SNDK) from Neutral to Buy, while raising the price target from $60 to $75. Although shares rose following the company's Q2 outperformance, the analyst believes that there could...
-
Voxx Boosted To Buy At B Riley, 'Growth Seems Inevitable'
Monday, July 13, 2015 - 7:50am | 254In a report published Monday, B Riley analyst Scott Tilghmann upgraded the rating on VOXX International Corp (NASDAQ: VOXX) to Buy, while establishing a price target of $11. Voxx reported its 1Q operating income in-line with the forecasts. The revenues for the quarter came under pressure due to...
-
Analysts Aren't Sure Why Groupon Stock Is Down
Tuesday, June 2, 2015 - 5:06pm | 201Groupon Inc (NASDAQ: GRPN) traded down nearly 4 percent on Tuesday on no apparent catalyst. In a series of interviews, analysts at Janney Montgomery Scott, B. Riley & Co, Sterne Agee CRT, Ascendiant Capital and Evercore ISI said they struggled to attribute a specific reason behind the stock...
-
B Riley Downgrades Semtech To Sell
Thursday, May 28, 2015 - 8:50am | 60B Riley downgraded Semtech Corporation (NASDAQ: SMTC) from Neutral to Sell. The price target for Semtech has been lowered from $26.00 to $21.00. Semtech shares have dropped 5.53 percent over the past 52 weeks, while the S&P 500 index has surged 10.60 percent in the same period. Semtech shares...
-
B Riley Initiates Crocs With Neutral
Thursday, May 21, 2015 - 8:28am | 59B Riley initiated coverage on Crocs, Inc. (NASDAQ: CROX) with a Neutral rating. The target price for Crocs is set to $16. Crocs shares have gained 7.22 percent over the past 52 weeks, while the S&P 500 index has surged 12.33 percent in the same period. Crocs' shares closed at $15.88 in after-...
-
What's Coming For Best Buy?
Wednesday, May 20, 2015 - 3:08pm | 479Shares of Best Buy Co Inc (NYSE: BBY) are down more than 2 percent on Wednesday afternoon, as the company readies to announce its first quarter (fiscal 2016) financial results on Thursday morning, before the market opens. Like many other retailers, Best Buy’s earnings are quite cyclical,...
-
B Riley Upgrades Stage Stores To Buy
Wednesday, May 20, 2015 - 9:16am | 61B Riley upgraded Stage Stores Inc (NYSE: SSI) from Neutral to Buy. The price target for Stage Stores has been lowered from $22.50 to $20.00. Stage Stores shares have dropped 10.13 percent over the past 52 weeks, while the S&P 500 index has surged 12.70 percent in the same period. Stage Stores'...
-
2 B. Riley Analysts Just Commented On These 3 Retailers
Tuesday, May 19, 2015 - 12:12pm | 371Heading in to peak earnings season for retailers, Scott Tilghman and Jeff Van Sinderen of B. Riley offered a quick take on three retailers: Staples, Inc. (NASDAQ: SPLS), American Eagle Outfitters (NYSE: AEO) and Best Buy Co Inc (NYSE: BBY). Staples: Pending Acquisition To Limit Share Price...