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Executives Are Fleeing Competitors To Join Curaleaf
Monday, August 8, 2022 - 9:28am | 579Curaleaf Holdings, Inc. (CSE:CURA) (OTCQX: CURLF) has revealed three new hires are joining the company's executive leadership team this month. Ed Kremer will join as chief financial officer, Camilo Lyon was named chief investment officer, and Mitch Hara will be chief strategy officer, a new...
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Cannabis Stocks Still Down As Federal Legalization Drags On: Will The SAFE Act Rescue Them, Or Something Else?
Monday, May 2, 2022 - 11:36am | 1224There’s no doubt that important changes in the cannabis industry, such as legalization efforts, directly impact weed stocks. On the news of possible federal legalization, marijuana stocks usually trade higher. However, with so many delays and industry experts opining that ...
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'Breaking The Mold For Security': 7 CrowdStrike Analysts React To Impressive Earnings Report
Thursday, March 10, 2022 - 4:10pm | 723Crowdstrike Holdings Inc (NASDAQ: CRWD) shares jumped more than 13% on Thursday morning after the company's earnings and guidance topped Wall Street's expectations. On Wednesday, CrowdStrike reported fourth-quarter adjusted EPS of 30 cents on revenue of $431 million. Both numbers topped...
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Why This Riot Blockchain Analyst Is Bullish On Bitcoin Mining Opportunity
Friday, July 30, 2021 - 11:37am | 237Riot Blockchain Inc (NASDAQ: RIOT) currently operates around 2.4% of the global Bitcoin mining capacity, according to BTIG. The Riot Blockchain Analyst: Gregory Lewis initiated coverage of Riot Blockchain with a Buy rating and $45 price target. The Riot Blockchain Takeaways: While all of the...
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Why BTIG Is Bullish On Plug Power, Nikola
Friday, May 28, 2021 - 1:45pm | 660Nikola Corporation (NASDAQ: NKLA) and Plug Power Inc. (NASDAQ: PLUG) are two energy stocks that have excited and disappointed investors in equal measure in recent times. An analyst at BTIG, however, is unequivocally bullish on the two equities. The EV Stock Analyst: Analyst Gregory Lewis...
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Square Reports Q1 Earnings: What Do Analysts Think?
Friday, May 7, 2021 - 12:14pm | 541Square Inc (NASDAQ: SQ) shares traded higher by 6% on Friday morning after the company reported a Bitcoin (CRYPTO: BTC)-fueled surge in first-quarter revenue. For the first quarter, Square reported 41 cents in EPS on revenue of $5.06 billion. Both numbers beat consensus analyst estimates of 16...
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Why Coinbase's Upside Could Be Immense, With A Price Target Of $500
Thursday, April 15, 2021 - 3:32pm | 514One of most anticipated IPOs of 2021 took place Wednesday with Coinbase Global (NASDAQ: COIN) hitting the public markets. The cryptocurrency exchange company opened for trading at $381 a share. An analyst believes shares can go much higher than Wednesday’s opening price. The Coinbase...
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ICAD Focuses On Areas Of High Unmet Need In Cancer Detection, BTIG Says
Tuesday, March 23, 2021 - 2:39pm | 284ICAD Inc (NASDAQ: ICAD) is poised to benefit in the long term from its AI-driven cancer detection tools and electronic brachytherapy product, according to BTIG. The iCAD Analyst: Marie Thibault initiated coverage of iCAD with a Buy rating and a price target of $25. The iCAD Thesis: The company...
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Why PayPal's Crypto Initiative Is Turning BTIG Bullish
Thursday, January 21, 2021 - 3:17pm | 406PayPal Holdings Inc (NASDAQ: PYPL) shares were advancing Thursday after a sell-side analyst took a bullish stance on the payments stock. The PayPal Analyst: BTIG analyst Mark Palmer upgraded PayPal from Neutral to Buy with a $300 price target. The PayPal Thesis: The accelerating shift toward...
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Biogen Analysts Brace For Favorable Aducanumab Adcom Verdict
Thursday, November 5, 2020 - 3:00pm | 543Biogen Inc (NASDAQ: BIIB) shares saw a nice 40% bump Wednesday following the release of FDA briefing document prepared for Friday's Adcom meeting to discuss aducanumab BLA. Morgan Stanley analyst Matthew Harrison maintained an Overweight rating and $357 price target. BofA Securities...
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2 Analysts React To Wingstop's Q3 Earnings
Tuesday, November 3, 2020 - 2:25pm | 416Wingstop Inc (NASDAQ: WING) reported third-quarter results that prompted one analyst to remain a bull while another is sticking to the sidelines. Cowen: 'Can Go The Distance' Wingstop's same-store sales in the third quarter were higher by 25.4% although this wasn't a surprise...
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Under Armour Analysts On Q3: 'All-Clear Signal Is Far From Here'
Monday, November 2, 2020 - 1:06pm | 671Under Armour Inc (NYSE: UAA)(NYSE: UA) shares were trading higher Monday after the company reported better-than-expected third-quarter earnings last week — and said its full-year numbers won’t be as bad as previously feared. Under Armour reported third-quarter adjusted EPS of 26 cents...
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3 Etsy Analysts On Q3 Results: 'TAM Is Likely In The Trillions'
Thursday, October 29, 2020 - 2:30pm | 478Etsy, Inc. (NASDAQ: ETSY) shares were trading lower Thursday, despite the company reporting a third-quarter earnings and sales beat Wednesday. One sell-side analyst said Thursday that COVID-19 has materially accelerated the platform’s total addressable market into the ...
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Nike Analysts Bullish Following Earnings Beat: 'Long-Awaited, Structurally Higher Margins'
Wednesday, September 23, 2020 - 1:16pm | 765Nike Inc (NYSE: NKE) shares traded higher by 10% on Wednesday in a down day for stocks after the company reported a huge surge in online sales in the fiscal first quarter and said trends in China are improving. On Tuesday afternoon, Nike reported first-quarter EPS of 95 cents on revenue of $10.59...
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Why BTIG Is Upgrading VF Corp As Retailer Enters Fall Season
Tuesday, September 15, 2020 - 3:33pm | 252VF Corp (NYSE: VFC) has made significant progress in addressing excess inventory issues, and there are catalysts ahead that could cause demand trends to improve heading into the fall and winter season, according to BTIG. The VF Corp Analyst: Camilo Lyon upgraded VF Corp from Neutral to Buy and...