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Cowen: Shire's Weak Market Sentiment Yields Opportunity
Thursday, September 17, 2015 - 1:57pm | 478Shares of Shire PLC (ADR) (NASDAQ: SHPG) have lost nearly 10 percent over the past month. Ken Cacciatore of Cowen commented in a note on Thursday that the "mixed reaction" in the stock has created a "compelling opportunity." Cacciatore maintained an Outperform rating and $325 price target on the...
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WebMD Is Quickly Becoming A Wall Street Favorite
Thursday, September 17, 2015 - 8:07am | 305WebMD Health Corp. (NASDAQ: WBMD) gained 5.4 percent in the last five trading sessions. Charles Rhyee of Cowen and Company upgraded WebMD to Outperform and hiked its price target to $53 from $42 prior. Rhyee said that WebMD is poised to transform into a "broader healthcare service...
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What's The Deal With Shake Shack's Valuation?
Friday, September 11, 2015 - 10:31am | 261Shares of Shake Shack Inc (NYSE: SHAK) have risen by 5.69 percent year-to-date. Cowen’s Andrew M. Charles has initiated coverage of Shake Shack with a Market Perform rating and price target of $42. The stock’s premium valuation indicates that investor expectations might...
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Cowen Upgrades Walgreens: Here's Why
Wednesday, September 9, 2015 - 2:33pm | 413Shares of Walgreens Boots Alliance Inc (NASDAQ: WBA) traded higher after Wednesday's market open, but gave up its gains despite an upgrade by analysts at Cowen. In a report published Wednesday, Cowen and Company analyst Charles Rhyee upgraded Walgreens to Outperform from Market Perform with a...
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Cowen Downgrades Two-Thirds Of E&P Coverage Portfolio
Tuesday, September 8, 2015 - 1:03pm | 630In a report published Monday, Cowen And Company analyst Ryan Oatman suggested that companies within the Oil & Gas Exploration & Production sector could see approximately 50 percent downside to 2017 consensus estimates. According to Oatman, he sees a "stronger" outlook for U.S...
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SkyWest's Fleet Transition Could Be A Game Changer
Friday, September 4, 2015 - 7:37am | 251Shares of SkyWest, Inc. (NASDAQ: SKYW) has increased over 25 percent year-to-date. Cowen’s Helane Becker has upgraded the rating on SkyWest from Market Perform to Outperform, while raising the price target from $16 to $19. The company has initiated a fleet reduction program to...
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Your Dollar Goes Further At Planet Fitness
Monday, August 31, 2015 - 11:36am | 441Planet Fitness Inc (NYSE: PLNT) has seen a 4.88 percent increase in its share price through the month of August. Jerry Gray of Cowen and Company has initiated coverage of Planet Fitness with an Outperform rating and price target of $21. Grey believes that the company offers a strong...
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Transocean's 'Midlife Crisis'
Monday, August 17, 2015 - 2:06pm | 446In a report published Monday, Cowen and Company analyst J.B. Lowe discussed Transocean LTD (NYSE: RIG)'s "midlife crisis," in which the company's 12 UDW floaters built roughly 15 years ago are either stacked, idle or will off-contract before the end of next year. Lowe continued that Transocean "by...
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Get To Know UberEATS
Monday, August 17, 2015 - 1:25pm | 409In a report published Monday, Cowen And Company analyst Kevin Kopelman discussed Uber’s next major initiative (dubbed UberEATS) and what it means for other food delivery services. Kopelman pointed out that in major cities (such as New York, Los Angeles, Barcelona), the “UBER”...
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KemPharm Targets Skyrocket At Research Firms After Positive pK Study
Friday, August 14, 2015 - 10:15am | 531In a report published Friday, Cowen analyst Ken Cacciatore maintained an Outperform rating on KemPharm, Inc. (NASDAQ: KMPH), while raising the price target from $35 to $55. The company reported positive data for KP201 for the first of two studies. Cacciatore believes that "KP201 has the...
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GoPro Has 35% Upside: Cowen
Thursday, August 13, 2015 - 9:59am | 345In a research published Thursday, Cowen analyst Robert W. Stone initiated coverage of GoPro Inc (NASDAQ: GPRO) with an Outperform rating and price target of $76. "We believe GPRO is not only a market leader, but actively expanding the category it created, with a range of devices that...
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Zillow Price Target Slashed 33% At This Wall Street Firm
Monday, August 3, 2015 - 11:25am | 676Last Friday, Cowen and Company analyst Thomas Champion published a report downgrading Zillow Group Inc (NASDAQ: Z) from Market Perform to Underperform (Sell). Champion estimated "that subs growth declines to 9 percent in 2Q and 3 percent in 3Q. Low subs growth means average spend (ARPA) will need...
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Wall Street (Mostly) Bullish On Panera With Earnings On Tap
Tuesday, July 28, 2015 - 1:23pm | 546Panera Bread Co (NASDAQ: PNRA) is scheduled to report its second quarter results after Tuesday's market close. The Estimize community (based on 32 estimates) is projecting the company will earn $1.67 per share on revenue of $683.58 million. This compares to the Wall Street consensus estimate...
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Analysts Like Yelp's Treasure Trove, Even If It May Never Be Bought Out
Tuesday, July 28, 2015 - 12:35pm | 583Shares of Yelp Inc (NYSE: YELP) fell 2.4 percent on Monday trading, ahead of the announcement of the company’s second-quarter financial results, scheduled for after the market closes on Tuesday. According to Estimize, experts are modeling consensus earnings of $0.01 per share (down 75...
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Google's Search Business Is Healthier Than Mr. Market Thinks It Is
Tuesday, July 14, 2015 - 9:39am | 334In a report published Tuesday, Cowen And Company analyst John Blackledge highlighted key findings from a conference call with Ben Kirshner, CEO of EliteSEM in which Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Search trends was the focus of the call. EliteSEM boasts 180 clients and more than $300...