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This Analyst Isn't Flinching At Micron
Monday, November 9, 2015 - 10:59am | 384Micron Technology, Inc. (NASDAQ: MU) shares are down 53 percent year-to-date, and are trading significantly below their 52-week high of $36.59. Cowen & Co’s Timothy Arcuri maintained an Outperform rating on the company, with a price target of $24. Structural improvements in DRAM...
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Walgreens-Rite Aid Synergies May Be Better Than Expected, Says Analyst
Wednesday, October 28, 2015 - 9:25am | 297Walgreens Boots Alliance Inc (NASDAQ: WBA) shares have gained 10 percent in the past six months, amid high volatility. Cowen & Co’s Charles Rhyee maintained an Outperform rating on the company, with a price target of $102. The acquisition of Rite Aid Corporation (NYSE: RAD)...
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Noble Energy Named 'Top Pick' At This Research Firm
Tuesday, October 27, 2015 - 9:31am | 323Noble Energy, Inc. (NYSE: NBL) shares are down 27 percent year-to-date, having declining steadily since mid-April. Cowen & Co’s Charles Robertson maintained an Outperform rating on the company, with a price target of $52. While the Israeli gas framework plan may be approved in...
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Activision Blizzard Has Been Investing In Content (And It's Been Paying Off)
Monday, September 28, 2015 - 10:03am | 366Activision Blizzard, Inc. (NASDAQ: ATVI) shares have surged 60 percent year-to-date, and are trading close to the higher end of their 52-week range of $17.73 - $32.50. Cowen & Co’s Doug Creutz maintained an Outperform rating on the company, while raising the price target from $28...
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Orbitz Boost? Cowen & Co's Expedia Price Target Just Skyrocketed To $150
Tuesday, September 22, 2015 - 11:34am | 346Expedia Inc (NASDAQ: EXPE) shares have gained 45 percent year-to-date, climbing steadily since the beginning of March. Cowen & Co's Kevin Kopelman maintained an Outperform rating on the company, while raising the price target from $135 to $150. The closing of the acquisition of...
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Cowen Starts Uniqure At Outperform, Sees Hemophilia As 'Most Significant' Near-Term Catalyst
Wednesday, July 15, 2015 - 10:36am | 232In a report published Wednesday, Cowen & Co analyst Ritu Baral initiated coverage of Uniqure NV (NASDAQ: QURE) with an Outperform rating, citing the company's "broadly applicable, safe, proprietary baculovirus production AAV5 platform, their promising hemophilia B program and earlier programs...
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Does Equinix Shameless Flirtation With Telecity Foreshadow Breakup For InterXion?
Friday, May 8, 2015 - 2:21pm | 787In a Barron's article Thursday, Cowen & Co.'s Colby Synesael put forth a compelling rationale for why Equinix Inc (NASDAQ: EQIX) is looking to acquire Netherlands-based TELECITY GROUP PLC (OTC: TLEIY) in what amounts to a global data center courtship chess game. Telecity Group is a European...
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No Growth For Zoetis; Analysts Expect Flat YOY Earnings
Monday, May 4, 2015 - 1:58pm | 344Shares of Zoetis Inc (NYSE: ZTS) were up 1.5 percent on Monday, in anticipation of Tuesday’s earnings call. The company is scheduled to report its first quarter financial results on Tuesday before the market opens. According to Estimize, the Street expects to see no earnings growth. In...
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Cowen's Top Cigarette And Soda Stocks
Friday, May 1, 2015 - 1:24pm | 435A new report by Cowen focused on cigarette and soda stocks. With the major names in the two spaces already reporting Q1 earnings, analysts discussed their updated outlook for the stocks along with recent trends that investors should be watching. Volume Declines Improving In the tobacco space...
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Cowen & Co Analyzes Dr. Pepper Snapple's Earnings
Friday, April 24, 2015 - 9:14am | 203In a report published Friday, Cowen & Co analysts maintained a Market Perform rating on Dr Pepper Snapple Group Inc. (NYSE: DPS), with a price target of $80, after the company reported its 1Q15 results, Dr Pepper Snapple Group reported its core EPS at $0.81, representing 10.2 percent growth....
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Cowen Analyst Explains Why The Firm Valued Instagram At $33 Billion
Saturday, February 21, 2015 - 3:38pm | 342When Facebook Inc (NASDAQ: FB) bought Instagram for $1 billion in 2012, skeptics on Wall Street argued that the company had overpaid for a two-year old startup with only 13 employees. However, the tide has changed and now even the erstwhile skeptics are praising the "wise" decision...
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Analysts Are Bullish On Apple Heading Into The New Year
Friday, December 26, 2014 - 6:23pm | 704Apple Inc. (NASDAQ: AAPL) is still riding the wave from the release of the iPhone 6 and iPhone 6 Plus in September of this year, despite complaints about short supply. Some have speculated that Apple purposefully stunted production to increase the hype around the product, though others doubt...
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Cephalon Stocks Surge After Valeant Makes Bid Public (CEPH, VRX)
Wednesday, March 30, 2011 - 12:25pm | 265Cephalon (NASDAQ: CEPH) stock rose $16.45 this morning, stopping at $75.20 a share after a hostile takeover bid of approximately $5.7 billion from Valeant Pharmaceuticals International (NYSE: VRX). Cephalon's surge is Nasdaq's biggest intraday gain since April 2000. Cephalon's surge of...
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Cowen & Co Upgrades SVNT To Outperform
Thursday, October 28, 2010 - 7:33am | 49Analysts at Cowen & Co upgrade Savient Pharmaceuticals Inc (NASDAQ: SVNT) from "neutral" to "outperform." The target price for SVNT is set to $19. SVNT's shares gained 10.08% to close at $12.67 yesterday. More Analyst Ratings here
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Cowen & Co Upgrades GR To Outperform
Friday, October 22, 2010 - 7:55am | 40Analysts at Cowen & Co upgrade Goodrich Corporation (NYSE: GR) from "neutral" to "outperform." GR's shares gained 1.89% to close at $79.34 yesterday. More Analyst Ratings here