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UPDATE: Piper Jaffray Reiterates Neutral Rating, Lowers PT on Pacific Sunwear of California
Friday, January 11, 2013 - 12:45pm | 131In a report published Friday, Piper Jaffray & Co. reiterated its Neutral rating on Pacific Sunwear of California (NASDAQ: PSUN), but slightly lowered its price target from $2.50 to $2.00. Piper Jaffray noted, “We are maintaining our Neutral rating on PSUN shares following the company's holiday...
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UPDATE: Piper Jaffray Reiterates Neutral Rating, Lowers PT on Deckers Outdoor Corp.
Friday, January 11, 2013 - 12:15pm | 180In a report published Friday, Piper Jaffray & Co. reiterated its Neutral rating on Deckers Outdoor Corp. (NASDAQ: DECK), but slightly lowered its price target from $35.00 to $34.00. Piper Jaffray noted, “We are reiterating our caution on DECK shares and lowering earnings estimates and price...
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UPDATE: Piper Jaffray Downgrades Aeropostale to Neutral, Lowers PT
Friday, January 11, 2013 - 12:15pm | 153In a report published Friday, Piper Jaffray & Co. downgraded its rating on Aeropostale (NYSE: ARO) from Overweight to Neutral, and lowered its price target from $15.00 to $13.00. Piper Jaffray noted, “Amid further deceleration in underlying business trends, we are heavily conflicted in our...
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UPDATE: Piper Jaffray Reiterates Overweight Rating, Raises PT on HSN
Wednesday, January 9, 2013 - 3:44pm | 124In a report published Wednesday, Piper Jaffray & Co. reiterated its Overweight rating on HSN (NASDAQ: HSNI), and raised its price target from $64.00 to $80.00. Piper Jaffray noted, “HSN launched a comprehensive redesign of its customer interface across all of its digital platforms yesterday,...
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UPDATE: Piper Jaffray Reiterates Neutral Rating, Raises PT on Apollo Group
Wednesday, January 9, 2013 - 3:43pm | 96In a report published Wednesday, Piper Jaffray & Co. reiterated its Neutral rating on Apollo Group (NASDAQ: APOL), and slightly raised its price target from $24.00 to $25.00. Piper Jaffray noted, “Aggressive cost management efforts translated into a F1Q EPS beat for Apollo, but lingering...
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Piper Jaffray Reiterates Overweight Rating, $100 PT on athenahealth
Monday, January 7, 2013 - 2:08pm | 141In a report published Monday, Piper Jaffray & Co. reiterated its Overweight rating and $100.00 price target on athenahealth (NASDAQ: ATHN). Piper Jaffray noted, “Earlier today, ATHN announced signing a definitive agreement to acquire EPOC for $11.75 per share. The deal is expected to be...
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UPDATE: Piper Jaffray Reiterates Neutral Rating, Raises PT on Sequenom
Monday, January 7, 2013 - 1:16pm | 147In a report published Monday, Piper Jaffray & Co. reiterated its Neutral rating on Sequenom (NASDAQ: SQNM), and slightly raised its price target from $4.50 to $5.00. Piper Jaffray noted, “Sequenom announced positive preliminary 2012 results, with revenue increasing ~59% year-over-year,...
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UPDATE: Piper Jaffray Reiterates Neutral Rating, Lowers PT on Synageva BioPharma Corp.
Friday, January 4, 2013 - 2:59pm | 177In a report published Friday, Piper Jaffray & Co. reiterated its Neutral rating on Synageva BioPharma Corp. (NASDAQ: GEVA), but lowered its price target from $57.00 to $53.00. Piper Jaffray noted, “We are incrementally more positive on GEVA following review of the company's S-3 filing which...
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UPDATE: Piper Jaffray Downgrades Endo Health Solutions to Neutral, Lowers PT
Friday, January 4, 2013 - 11:15am | 164In a report published Friday, Piper Jaffray & Co. downgraded its rating on Endo Health Solutions (NASDAQ: ENDP) from Overweight to Neutral, and lowered its price target from $37.00 to $28.00. Piper Jaffray noted, “We are downgrading Endo to a Neutral from an Overweight and lowering our price...
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UPDATE: Piper Jaffray Initiates Coverage on Cytokinetics with Overweight Rating, $4 PT
Friday, January 4, 2013 - 11:15am | 184In a report published Friday, Piper Jaffray & Co. initiated coverage on Cytokinetics (NASDAQ: CYTK) with an Overweight rating and $4.00 price target. Piper Jaffray noted, “We are initiating on Cytokinetics with an Overweight rating and $4 price target. In our view, the company's platform for...
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UPDATE: Piper Jaffray Downgrades Cepheid to Neutral, Lowers PT
Friday, January 4, 2013 - 11:15am | 201In a report published Friday, Piper Jaffray & Co. downgraded its rating on Cepheid (NASDAQ: CPHD) from Overweight to Neutral, and lowered its price target from $42.00 to $34.00. Piper Jaffray noted, “As a reminder, Cepheid experienced two manufacturing issues in FY12, with a plastic parts...
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UPDATE: Piper Jaffray Initiates Coverage on BioDelivery Sciences International with Neutral Rating, $5 PT
Friday, January 4, 2013 - 11:07am | 183In a report published Friday, Piper Jaffray & Co. initiated coverage on BioDelivery Sciences International (NASDAQ: BDSI) with a Neutral rating and $5.00 price target. Piper Jaffray noted, “We are initiating on BioDelivery Sciences at Neutral with a 12-month price target of $5. BioDelivery...
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UPDATE: Piper Jaffray Initiates Coverage on Avanir Pharmaceuticals with Overweight Rating, $6 PT
Friday, January 4, 2013 - 10:59am | 156In a report published Friday, Piper Jaffray & Co. initiated coverage on Avanir Pharmaceuticals (NASDAQ: AVNR) with an Overweight rating and $6.00 price target. Piper Jaffray noted, “We are initiating on Avanir with an Overweight rating and $6 price target. Avanir develops drugs for...
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UPDATE: Piper Jaffray Initiates Coverage on Alexza Pharmaceuticals to Neutral Rating, $5 PT
Friday, January 4, 2013 - 10:59am | 161In a report published Friday, Piper Jaffray & Co. initiated coverage on Alexza Pharmaceuticals (NASDAQ: ALXA) with a Neutral rating and $5.00 price target. Piper Jaffray noted, “We are initiating coverage on Alexza with a Neutral rating and 12-month price target of $5. Alexza reformulates...
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Piper Jaffray Reiterates Overweight Rating, $103 PT on Watson Pharmaceuticals
Wednesday, January 2, 2013 - 3:09pm | 173In a report published Wednesday, Piper Jaffray & Co. reiterated its Overweight rating and $103.00 price target on Watson Pharmaceuticals (NYSE: WPI). Piper Jaffray noted, “On Monday, Mallinckrodt (Covidien's pharma business) became the first filer to gain approval of a Concerta generic. While...