-
BTIG: Crispr Could Be A Takeover Target For Vertex
Monday, October 28, 2019 - 2:58pm | 427Crispr Therapeutics AG (NASDAQ: CRSP) shares were solidly higher Monday after the company reported third-quarter results and provided a business update. The Analyst BTIG Research reiterated a Buy rating on Crispr with a $59 price target. The Thesis Crispr's third-quarter business update...
-
Sell-Side Bullish On Uber As Quiet Period Ends
Tuesday, June 4, 2019 - 11:16am | 537More than a dozen sell-side analysts issued Buy recommendations Tuesday for Uber Technologies Inc. (NYSE: UBER) as the waiting period on rating the stock expired for banks that worked on its recent IPO. “Uber is a transformational company that should benefit from secular shifts to the sharing...
-
Domino's Hosted A Pizza Party With Investors—Here Are The Takeaways
Sunday, January 20, 2019 - 1:16pm | 626Domino's Pizza, Inc. (NYSE: DPZ) hosted analysts for an investor day presentation where management discussed its position in the restaurant market and its outlook. Here is a summary of what some of the Street's top analysts said after the event. The Analysts UBS' Dennis Geiger...
-
BTIG Maintains Neutral Snap Thesis Ahead Of Q2 Report, But 'Patience Is Wearing Thin'
Tuesday, August 7, 2018 - 11:25am | 495Snap Inc. (NYSE: SNAP) is the sixth most popular social media platform in the U.S, according to Statista. BTIG lowered its estimates for the company ahead of its Tuesday afternoon second-quarter report. The Analyst BTIG's Richard Greenfield maintained a Neutral rating on Snap. The Thesis...
-
BTIG Raises Facebook Price Target By More Than 50%, Says Instagram Becoming 'Most Powerful, Valuable Mall In The World'
Thursday, July 5, 2018 - 9:20am | 403The case for upside in Facebook, Inc. (NASDAQ: FB)'s stock lies partially with consumers not caring about the platform's privacy scandal — and Instagram, which has performed like an "absolute monster," according to BTIG. The Analyst Analyst Richard Greenfield maintained...
-
A Peek Into The Markets: US Stock Futures Tumble Ahead Of Economic Reports
Wednesday, June 27, 2018 - 7:11am | 520Pre-open movers U.S. stock futures traded lower in early pre-market trade. Data on durable goods orders for May, U.S. international trade in goods for May and wholesale inventories for May will be released at 8:30 a.m. ET. The pending home sales index for May is schedule for release at 10:00 a.m....
-
Analyst: Why Jim Dolan Could Sell The New York Knicks
Monday, September 11, 2017 - 11:32am | 673After the $2.2-billion sale of the Houston Rockets, an unloading of the New York Knicks by owner Jim Dolan could be a slam dunk. Madison Square Garden Co (NYSE: MSG) and live entertainment are the Dolan family’s focus, and the company’s executive chairman has said sports are in a...
-
Chipotle's Menu Price Increases Will Likely Expand In Coming Months
Wednesday, April 19, 2017 - 10:05am | 435Chipotle Mexican Grill, Inc. (NYSE: CMG) patrons should be bracing for menu prices increase in the coming months, according to a note from BTIG. The view comes close on heels of reports of menu price increases and findings by BTIG based on its own pricing checks. Analysts Peter Saleh and Ben...
-
Facebook's Secular Trends Toward Mobile, Accelerating Shift Of Ad Dollars
Tuesday, March 21, 2017 - 11:09am | 554With shares up 15 percent so far this year, Facebook Inc (NASDAQ: FB) was just doing too well for BTIG Research not to have a Buy on the stock. The firm upgraded Facebook from Neutral to Buy and announced a $175 price target Tuesday, citing the continuing shift of advertising to mobile and positive...
-
A Peek Into The Markets: U.S. Stock Futures Gain; All Eyes On Jobs Report
Friday, March 10, 2017 - 8:06am | 418Pre-open movers U.S. stock futures traded higher in early pre-market trade. Data on nonfarm payrolls and unemployment rate for February will be released at 8:30 a.m. ET, while the U.S. Treasury budget report for February will be released at 2:00 p.m. ET. Futures for the Dow Jones Industrial...
-
A Peek Into The Markets: U.S. Stock Futures Edge Higher Ahead Of Earnings
Wednesday, February 8, 2017 - 8:31am | 348Pre-open movers U.S. stock futures traded slightly higher in early pre-market trade. Futures for the Dow Jones Industrial Average climbed 12 points to 20,030.00, while the Standard & Poor’s 500 index futures rose 1 point to 2,289. Futures for the Nasdaq 100 index gained 3.25 points to 5,...
-
Starbucks Remains One Of The 'Most Compelling, Forward-Thinking Concepts'
Thursday, December 8, 2016 - 10:12am | 270Starbucks Corporation (NASDAQ: SBUX) hosted on Wednesday its Investor Day presentation, which prompted Peter Saleh of BTIG Research to reiterate a Buy rating and $64 price target. According to Saleh, the coffee chain remains one of the "most compelling and forward-thinking concepts," given its...
-
BTIG Research Initiates Lumos Networks At Buy, Calls Co. A Small-Cap Play On High-Speed Fiber Expansion
Thursday, August 11, 2016 - 8:01am | 316Lumos Networks Corp (NASDAQ: LMOS) is a “small-cap play on the expansion of fiber to support high speed data services at enterprises as well as the ongoing 4G upgrade and densification of wireless networks,” BTIG Research’s Walter Piecyk said in a report. He initiated coverage...
-
BTIG Research Upgrades Alere To Buy, Says 10-K Filing Offers 'Fundamental Opportunity'
Tuesday, August 9, 2016 - 8:15am | 309Alere Inc’s (NYSE: ALR) 10K offered financial clarity, alleviating concerns related to gaps in the company’s current model, BTIG Research’s Dane Leone said in a report. He upgraded the rating on the company from Neutral to Buy, while establishing a new price target of $48....
-
8 Netflix Investor Concerns Heading Into Q2 Earnings Report
Friday, July 15, 2016 - 11:16am | 476Ahead of the 2Q16 earnings report by Netflix, Inc. (NASDAQ: NFLX), BTIG’s Richard Greenfield highlighted eight investor concerns regarding the company. Greenfield maintains a Buy rating on the company, with a price target of $150. Key Investor Concerns The analyst listed the eight biggest...