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'We Expect Accelerated Growth': Lake Street Sees Perfect Cannabis Play In GrowGeneration
Monday, October 28, 2019 - 5:52pm | 510GrowGeneration Corp. (OTC: GRWG) shares are up 54.34% year-to-date. The Analyst Lake Street Capital Market’s Mark Smith initiated coverage of GrowGeneration with a Buy rating and $6.50 price target. The Thesis Demand for cannabis products is rising, creating new opportunities for...
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Turtle Beach Sets Q4 Guidance To 'Easy Difficulty': The Sell-Side Reacts
Wednesday, November 7, 2018 - 4:16pm | 595Turtle Beach Corp. (NASDAQ: HEAR) conservatively raised its fourth-quarter guidance Tuesday for a projection of 18-percent year-over-year revenue growth. The Analysts D.A. Davidson analyst Tom Forte reiterated a Buy rating on Turtle Beach and lowered the price target from $38 to $30. Lake...
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Why You Shouldn't Be Concerned By Aratana's Shareholder Lawsuit
Tuesday, February 7, 2017 - 4:19pm | 492A shareholder lawsuit was filed against Aratana Therapeutics Inc (NASDAQ: PETX) after the company’s announcement Monday that the release of Entyce, an appetite stimulant for dogs, would be delayed until late 2017. Aratana’s stock dropped about 19 percent after the news about Entyce...
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The Small-Cap Ad Company Winning From OTT Video
Wednesday, February 24, 2016 - 2:11pm | 221Lake Street Capital Markets on Wednesday issued a company note on SeaChange International (NASDAQ: SEAC) after analysis of the company's expanding consumer pipeline. The firm initiated coverage of SeaChange with a Buy rating and $7.50 price target. Analyst Jaeson Schmidt wrote, "We...
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Why Lake Street Capital Likes Ballard Power Systems
Friday, February 13, 2015 - 1:42pm | 264Lake Street Capital Markets recently upgraded Ballard Power Systems Inc. (USA) (NASDAQ: BLDP) from Hold to Buy and established a $4 price target. Analyst Robert D. Brown felt the company had “demonstrated good execution of its strategy with the strong monetization of its UTC patent...
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Lake Street Weighs In On Smith & Wesson's Battenfeld Technologies Acquisition
Friday, November 28, 2014 - 9:59am | 170On Friday, Lake Street Capital Markets analysts commented on Smith & Wesson Holding Corp’s (NASDAQ: SWHC) acquisition of Battenfeld Technologies Inc. “The acquisition will provide the company with several brands that are complementary to its firearms offerings and give the...
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Quantum Corp Surges 13% On Positive Q2 Revenue
Tuesday, October 14, 2014 - 8:48am | 195Quantum Corp (NYSE: QTM) shares surged 13 percent in Tuesday's premarket on the company’s positive preliminary Q2 numbers. Lake Street Capital had upgraded its rating on the company to Buy at the end of June and analyst Eric Martinuzzi commented that his "faith was well-placed"...
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Citigroup, William Blair, FBN Securities & Lake Street Comment On Riverbed Technology's Strategic Options
Friday, October 10, 2014 - 7:28am | 319Riverbed Technology, Inc. (NASDAQ: RVBD) traded higher Thursday on news that it would undertake a comprehensive review of strategic options. This was welcome news to activist investor Elliot Management. Jesse Cohn, portfolio manager at Elliott Management, commended “the Board for...
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Analysts Mostly Positive Following TiVo's Second Quarter
Wednesday, August 27, 2014 - 3:41pm | 864TiVo (NASDAQ: TIVO) reported its second quarter results on Tuesday after market close. The company earned $0.08 per share, topping analysts expectations by a penny. Revenue of $111.85 million topped analyst expectations by $24.13 million. TiVo's Service & Technology revenue rose 13...
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UPDATE: Lake Street Initiates Coverage On Value Vision Media
Tuesday, July 1, 2014 - 9:34am | 145Shares of Value Vision Media (NASDAQ: VVTV) opened up almost four percent higher in Tuesday's session after receiving a Buy rating and a $9 price target from Lake Street analyst, Mark Argento. Argento began by noting the recent victory of activist shareholders, which resulted in five of...
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UPDATE: Lake Street Initiates Coverage On Mattersight
Wednesday, June 11, 2014 - 12:42pm | 162In an intra-day note on Wednesday, Lake Street analyst Matt Blazei initiated coverage on Mattersight (NASDAQ: MATR) with a Buy rating and announced an $8 price target. Blazei noted that Mattersight has been able to generate "substantial" interest in the industry through its predictive routing...
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Senomyx Shares Down Despite Lake Street Initiation
Monday, June 9, 2014 - 12:01pm | 164In a note released Monday, Lake Street analyst Chris Krueger initiated coverage on Senomyx (NASDAQ: SNMX) with a Buy rating and announced a $14 price target. "Senomyx is on the verge of a sales breakout as it transforms from the discovery & development phase to full commercialization...
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UPDATE: Lake Street Initiates Coverage On Synaptics
Wednesday, May 14, 2014 - 2:14pm | 194In a note released Wednesday, Lake Street Capital analyst Jaeson Schmidt initiated coverage on Synaptics (NASDAQ: SYNA) with a Buy rating and announced a $71 price target. Schmidt began the note commenting, "With a rapidly growing total addressable market driven by proliferation of touch screen...
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UPDATE: Lake Street Capital Upgrades Smith & Wesson Holding as Visibility is Improving
Thursday, December 5, 2013 - 12:12pm | 199In a report published Thursday, Lake Street Capital analyst Chris W. Krueger upgraded the rating on Smith & Wesson Holding (NASDAQ: SWHC) from Hold to Buy, and raised the price target from $12.00 to $17.00. In the report, Lake Street Capital noted, “Although the stock has traded sideways since...
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UPDATE: Lake Street Capital Initiates ValueClick at Buy on Strong Ad Personalization Outlook
Monday, March 18, 2013 - 9:43am | 124Lake Street Capital initiated coverage on ValueClick (NASDAQ: VCLK) with a Buy rating and a $40.00 price target. Lake Street Capital analyst Eric Martinuzzi commented, "According to comScore, e-commerce in the U.S. grew to $289 billion in 2012, representing 12.6% growth over the past two years....