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3 Refiners Previewed By Cowen For This Week
Monday, April 27, 2015 - 1:57pm | 296Over the next two weeks, there will be a plethora of releases coming from refiners that investors are keeping an eye out for. This week, earnings reports are expected from Valero Energy Corporation (NYSE: VLO) on Tuesday, April 28, MRC Global Inc (NYSE: MRC) on Thursday, April 30 and PBF Energy...
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Cowen Previews Apple Earnings, Sees Upside In China
Friday, April 24, 2015 - 11:15am | 285In a report published Friday, analysts at Cowen & Company maintained their Ourperform rating on Apple, Inc. (NASDAQ: AAPL). The price target was maintained at $135. The analysts believe that there could be upside to the stock, despite FX headwinds and high expectations. Despite the FX...
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Cowen Expects PepsiCo To Have Another Challenging Quarter
Wednesday, April 22, 2015 - 11:56am | 255Cowen and Company on Wednesday issued an update on PepsiCo, Inc. (NYSE: PEP) ahead of the company's earnings results set to be released on Thursday. Cowen and Company rate PepsiCo as Outperform with a $110 price target. Analysts Vivien Azer and Gerald Pascarelli wrote, "As the leading snack and...
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Fortinet Is Blowing Up, But What Does The Street Think?
Tuesday, April 21, 2015 - 9:18am | 276Fortinet Inc (NASDAQ: FTNT) gained almost 11 percent in the premarket following a blockbuster earnings report Monday afternoon. The "magnitude" of the company's billings "was greater than anticipated," according to analysts at Cowen and Company. However, with...
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Cowen: Starbucks Could Be Poised To Benefit From 'Digital Enhancements'
Wednesday, April 15, 2015 - 8:04am | 254In a report published Wednesday, Cowen and Company analyst Andrew M. Charles initiated coverage of Starbucks Corporation (NASDAQ: SBUX) with an Outperform rating and a price target of $56. "[The] key to reaccelerating comps is growth in the SBUX Card and mobile payment, which fuels the company's...
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Can McDonald's Outperform The Market?
Wednesday, April 15, 2015 - 7:43am | 326In a report published Wednesday, Cowen and Company analyst Andrew M. Charles initiated coverage of McDonald's Corporation (NYSE: MCD) with a Market Perform rating and a price target of $100. "New mgmt is in place with a priority to turn U.S. sales, which have been soft over the last 2.5 years. The...
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What Brown-Forman Needs To Succeed Long-Term
Monday, March 30, 2015 - 3:22pm | 261In a report published Monday, Cowen and Co analysts maintained an Outperform rating on Brown-Forman Corp (NYSE: BFB), with the price target of $104. Following the meeting with Director of IR, Jay Koval, BFB continues to be "our top pick" in the alcoholic beverages segment, the analysts said....
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Analyst: Here's Why Eli Lilly Is Worth More Than It Used To Be
Monday, March 23, 2015 - 5:28pm | 331In a report published Monday, Cowen and Co analysts maintained an Outperform rating on Eli Lilly and Company (NYSE: LLY), while raising the price target from $78 to $85, after the release of BIIB037 data. In the report Cowen noted, "Several factors make comparing Alzheimer's antibody data to date...
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What Does AWS Mean To Amazon?
Monday, March 23, 2015 - 4:36pm | 264In a report published Monday, Cowen and Co analysts maintained a Market Perform rating on Amazon.com (NASDAQ: AMZN) with a price target of $320, saying that considering the breakout of AWS, the big investor question is around Amazon's margin profile. In the report Cowen noted, "The sentiment is...
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Lululemon Shares Falling; This Firm Says Buy Ahead Of Earnings
Monday, March 23, 2015 - 9:15am | 160Ahead of Thursday's earnings report, analysts at Cowen and Company are recommending investors to buy Lululemon Athletica inc. (NASDAQ: LULU). Cowen analysts point to the potential for comps to show "solid" growth prospects as the catalyst for the stock to move higher despite trading...
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This Survey Shows A Bullish View On Apple (And Apple Pay Gaining Traction In The Marketplace)
Monday, March 23, 2015 - 9:02am | 253Cowen and Company issued a report on Monday highlighting Apple Inc. (NASDAQ: AAPL) after a global survey showed that investors are still bullish on iPhone demand, Apple Pay usage and longer-term Watch adoption. Apple rated as Outperform with a $135 price target. Analysts Timothy Arcuri, Bryan Prohm...
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Wall St. Analysts Surveyed The Sneakers Market; And Here's What Happened
Thursday, March 12, 2015 - 4:59pm | 280In a report published Thursday, Cowen and Company analysts initiated The Finish Line (NASDAQ: FINL) with a Market Perform rating and a price target of $23, saying that there was uncertainty about the timing of an improvement in same-store sales (SSS) and consequently about the direction of GM and...
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How Take-Two Is Affected By The GTA V Delay
Wednesday, March 11, 2015 - 5:40pm | 257In a report published Wednesday, Cowen and Company analysts maintained their Market Perform rating on Take-Two Interactive Software Inc (NASDAQ: TTWO), with a price target of $32. In the report Cowen and Company noted, "We expect Thursday's NPD data to show that Evolve has gotten off to a soft...
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8 Healthcare Names Cowen & Co Are Talking About
Tuesday, March 10, 2015 - 6:02pm | 636Following a meeting with big cap pharma companies at its 35th Annual Health Care Conference, Cowen & Co published a report Tuesday detailing its key findings. 1. Bristol-Myers Squibb Company (NYSE: BMY), rated Outperform: "Key IO milestones delivered and many others upcoming... IDO/TDO and TGF...
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Costco Showing Strength Following Stellar Earnings, Wall Street Applauds
Friday, March 6, 2015 - 2:56pm | 566Costco Wholesale Corporation (NASDAQ: COST) reported exceptional 2015 fiscal year second-quarter earnings, beating analyst expectations. Revenue was reported at $27.45 billion, up 4 percent from last quarter. EPS was reported at $1.35, exceeding analyst expectations of $1.18 per share. Profits...