Cowen & Co

Caterpillar Inc. (NYSE: CAT) is heading for the first megacycle of its financial performance in 14 years and the second in modern history, according to Cowen & Co. The Caterpillar Analyst: Matt Elkott initiated coverage of Caterpillar with an Outperform rating and $241 price target. The...

Heading into its Wednesday earnings report, Facebook Inc (NASDAQ: FB) is decidedly well liked. The firm’s 42 Buy ratings are tempered by just two Sells and one Hold, according to TipRanks, which records an average price target of $191.33 with a range of $98 to $235. Recent trends back the...

Oracle Corporation (NYSE: ORCL) is expected to report its 2017 Q2 earnings Thursday after the market close, and the Street is mostly Bullish leading in. The consensus EPS estimate is $0.60 with revenue at $9.12 billion. Ratings And Price Targets Bernstein: Outperform; $52 price target. BTIG: Buy; $...

Investors are anxiously awaiting Apple Inc. (NASDAQ: AAPL)'s fourth-quarter earnings results, which will be released shortly after Tuesday's market close.   According to a Bloomberg report, Apple's results should show strong early demand for the iPhone 7, which will help slow...

It has now been almost a full week since CNBC's David Faber reported that Twitter Inc (NYSE: TWTR) is engaged in discussions with potential acquirers over a sale of itself. The initial report last Friday singled out salesforce.com, inc. (NYSE: CRM) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) as...

Ahead of the earnings announcement from Nike Inc (NYSE: NKE) on Tuesday, most of the brokerages remain bullish regarding the company's results. Similarly, nearly every analyst who has issued a recent analysis has reiterated their rating on the company's stock. During mid-day trading Monday,...

John Blackledge of Cowen & Co. is clearly no fan of Twitter Inc (NYSE: TWTR). Speaking to CNBC during Monday morning's "Squawk On The Street," Blackledge reaffirmed his $13 price target on Twitter's stock and Perform rating. According to Blackledge, Twitter's woes have been "well publicized."...

Cowen believes Wal-Mart Stores, Inc. (NYSE: WMT) is all set to regain its dominance in the retail sector. Analysts Oliver Chen and Steven Zaccone think a combination of investments like its Jet.com acquisition and creative integration of its physical and online divisions bodes well for the name....

Anyone not living under a rock has come to know by now that Nintendo Co., Ltd (ADR) (OTC: NTDOY) Pokémon GO is a smashing hit. Meanwhile, many retailers are looking to get in on the action and hope to lure customers to their stores. CNBC cited a research report by Cowen & Co.'s Oliver Chen, who...

The Market Vectors Steel (ETF) (NYSE: SLX) has gained nearly 30 percent thus far in 2016 as China transitions away from investment mode and into consumption mode. The spread of Chinese vs U.S. Hot Rolled Coil (HRC) has swelled above recent highs. The China/U.S. spread now stands around $242 and...

Oliver Chen, Cowen's retail expert, was a guest on Wednesday's edition of CNBC's "Squawk On The Street" to discuss Macy's, Inc. (NYSE: M)'s stock which plunged 13 percent and hit a new 52-week low of $31.82 following the release of its first quarter results....

Citing people familiar with the matter, the Dow Jones has reported in its Wall Street Journal that Alaska Air Group, Inc. (NYSE: ALK) is likely to be the purchaser of Virgin America Inc (NASDAQ: VA) in an ongoing auction for the airliner. "The company is nearing a deal to buy Virgin America after...

The debate over whether America is due for another recession has been ongoing through early 2016, with the predominating opinion being the seven-year-old bull market is shying away for an incoming bear. Expert opinions echo the sentiment that the evidence is still murky, it's better to be prepared...

Netflix, Inc. (NASDAQ: NFLX) updated its first-quarter earnings guidance on Tuesday. The company announced an EPS guidance of $0.03 for the period. The company's Q4 earnings declined compared to its fourth-quarter earnings results last year. Netflix has indicated its earnings fell to $29.74 million...