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Cansortium Analyst Sees 'Dramatic Expansion' Potential In Canadian Cannabis Market
Friday, June 28, 2019 - 4:21pm | 371Cansortium Inc (OTC: CNTMF) is a vertically integrated multistate operator that is well-positioned for "dramatic expansion," according to Canaccord Genuity. The Analyst Bobby Burleson initiated coverage of Cansortium's Canada-listed stock with a Speculative Buy rating and $...
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Canaccord: Tilt Holdings' Massachusetts Rollout Slower Than Expected
Monday, June 3, 2019 - 1:00pm | 342Canaccord Genuity is staying bullish on vertically integrated Canadian company TILT Holdings Inc (OTC: SVVTF) after its first-quarter print. The Analysts Bobby Burleson reiterated a Speculative Buy rating on Tilt Holdings with a CA$4 ($2.97) price target. Need more cannabis news?...
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Planet 13's Expansion Plans, 'Strong' Q1, Branded Products Drive Canaccord's Bullish Stance
Monday, June 3, 2019 - 11:51am | 360Canaccord Genuity slightly revised its estimates for the Las Vegas, Nevada dispensary Planet 13 Holdings Inc (OTC: PLNHF) following "strong" first-quarter performance. The Analyst Analyst Bobby Burleson reiterated a Speculative Buy rating on Planet 13 with a CA$4 ($2.97)...
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What Jeff Sessions' Resignation Could Mean For Cannabis Stocks
Thursday, November 8, 2018 - 2:18pm | 635Investors got some good news Tuesday night, but perhaps none got better news than marijuana stock investors. In addition to a Democratic House win and legalization measures passing in Michigan and Missouri, the cannabis industry lost one of its biggest opponents in Washington on Wednesday afternoon...
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These 3 Companies Are Positioned To Benefit From The Federal Infrastructure Plan
Thursday, August 24, 2017 - 10:43am | 452Although concerns persist about implementing a federal infrastructure plan, healthy macro trends, better visibility from the FAST Act and improved funding environment bodes well for the industry according to a new report. “An uptick in materials demand points to looming improvement for...
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Macro Headwinds Provide Good Entry Point For Proto Labs, Says Canaccord
Friday, September 2, 2016 - 11:53am | 407Shares of Proto Labs Inc (NYSE: PRLB) have declined "substantially" due to U.S. macro concerns regarding industrial production, according to Bobby Burleson of Canaccord Genuity. The stock is lower by nearly 7 percent over the past five days alone and lower by more than 20 percent over the past year...
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IPG Photonics Upgraded To Buy At Canaccord; 'Brexit Enhances Already Attractive Entry Point'
Wednesday, June 29, 2016 - 2:24pm | 364Cancaccord Genuity has upgraded IPG Photonics Corporation (NASDAQ: IPGP) to Buy from Hold, saying, "Brexit enhances already attractive entry point." Already having lagged year-to-date performance for Cancaccord's Manufacturing Technology coverage universe prior to Brexit results, the stock declined...
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Cognex Shares May Take a Breather After a Strong Run, Canaccord Downgrades to Hold
Tuesday, June 14, 2016 - 11:53am | 305Cognex Corporation (NASDAQ: CGNX) shares have appreciated 30 percent year-to-date, rising 55 percent from their January lows. Canaccord Genuity’s Bobby Burleson downgraded the rating on the company from Buy to Hold, with a price target of $45. Range Bound In 2016 “While we continue to...
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Canaccord Lays Out The Case For Manufacturing Technology Stocks
Monday, April 11, 2016 - 6:06pm | 382In a research note from Canaccord Genuity's Bobby Burleson released after Monday's closing bell, the firm highlighted the broadening of its coverage universe to what it's calling "Manufacturing Technology." Burleson said the coverage universe was previously limited to...
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Canaccord Cuts 3D Systems Price Target, Staying On Sidelines Before Earnings
Friday, January 15, 2016 - 11:36am | 2703D Systems Corporation (NYSE: DDD) have plunged 75.33 percent over the past year, while declining almost 7 percent in morning trade on January 15. Bobby Burleson of Canaccord Genuity has maintained a Hold rating on the company, while lowering the price target from $10 to $9. While...
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Cognex Could Be On Cusp Of Large Order Inflow; Canaccord Is Buying
Wednesday, November 18, 2015 - 12:24pm | 237Cognex Corporation (NASDAQ: CGNX) shares have appreciated 3.56 percent over the past month, although currently trading close to the 52-week low. Canaccord Genuity’s Bobby Burleson has upgraded the rating on the company from Hold to Buy, while raising the price target from $33 to $42...
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iRobot Investors: So You're Tellin' Me There's A Chance
Wednesday, October 21, 2015 - 12:28pm | 364In a report issued Tuesday, analysts at Canaccord reiterated a Buy rating and $40.00 price target on shares of iRobot Corporation (NASDAQ: IRBT). They viewed trimmed 2015 guidance as “a buying opportunity” and expected Wednesday’s likely pullback for the stock to be short-...
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ARC Group Upgraded At Canaccord: Here's Why
Saturday, June 13, 2015 - 7:54am | 258In a report published Friday, Canaccord Genuity analyst Bobby Burleson upgraded the rating on ARC Group WorldWide Inc (NASDAQ: ARCW) from Hold to Buy, while raising the price target from $6 to $8, following a visit to the company’s DeLand Florida facility and a meeting with CEO Jason Young...
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Canaccord Cuts Stratasys Price Target As Shares Fall 30%
Tuesday, February 3, 2015 - 10:55am | 199Canaccord cut its price target from $120 to $100 on Stratasys, Ltd. (NASDAQ: SSYS) and maintained a Buy rating after the company lowered its guidance on Monday. For the fourth quarter of 2014, the company guided for revenue between $214.75 million and $216.75 million with EPS in the range of $0...
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UPDATE: Canaccord Initiates Coverage Of Materialise NV
Tuesday, October 7, 2014 - 3:47pm | 175Canaccord initiated coverage on Materialise NV (NASDAQ: MTLS) in a report issued Tuesday with a Buy rating and $15 price target. Analysts Bobby Burleson and Prabhakar Gowrisankaran believe the company "is well positioned to deliver strong organic growth of at least 20-25 percent over the...