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Piper Jaffray On How The Average Teen Spends $2,600 Annually
Monday, April 8, 2019 - 3:42pm | 357Research firm Piper Jaffray's semiannual "Taking Stock With Teens" survey found the average teenager thinks they spend on average of $2,600 a year on products and services. What Happened Piper Jaffray's survey of 8,000 teens across 47 states with an average age of 16 found...
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Piper Jaffray: Excitement 'Clear Across The City' As First Toronto Cannabis Store Opens
Tuesday, April 2, 2019 - 11:07am | 454The opening of Toronto's first adult-use cannabis store helps build awareness and educate customers in the nascent industry, according to Piper Jaffray. Analyst Michael Lavery commented on the industry after Piper Jaffray visited Toronto on Monday, the first day of legalized sales in the...
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Nvidia Gets Boost From Bullish Piper Jaffray Initiation
Tuesday, March 26, 2019 - 1:05pm | 281Shares of Nvidia Corporation (NASDAQ: NVDA) are trading at around 33.3 times Piper Jaffray's 2020 estimated non-GAAP EPS, which undervalues the company given multiple catalysts ahead. The Analyst Piper Jaffray's Harsh Kumar initiated coverage of Nvidia with an Overweight rating and $200...
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Juniper Networks Buys Mist Systems For $405M: 2 Analyst Takes
Tuesday, March 5, 2019 - 4:38pm | 527Networking developer Juniper Networks, Inc. (NYSE: JNPR) has reached an agreement to acquire Mist Systems, a cloud-managed wireless network solution company often described as "the Waze for Wi-Fi" for $405 million. The Analysts Piper Jaffray's James Fish maintains a Neutral...
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Piper Jaffray: Tilray, GW Pharma Are Early Leaders In Medical Cannabis
Tuesday, March 5, 2019 - 3:13pm | 525Cannabis stocks have been red-hot so far in 2019, and Piper Jaffray analyst Michael Lavery said Monday that the outlook for medical cannabis is brighter than ever. Lavery recently met with a pain specialist to determine how much of an impact medical marijuana could have on the business of pain...
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2 Pros Debate: Is Intel A Compelling Buy Or Value Trap?
Monday, February 25, 2019 - 1:13pm | 374Intel Corporation (NASDAQ: INTC) shares are up more than 9 percent since the start of 2019, and the stock's recent momentum has at least one pro expecting the stock to move above its 52-week high of $57.60. What Happened The semiconductor space as a whole looks appealing, but Intel's...
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Piper Jaffray Applauds Restaurant Brands, Highlights Ongoing Momentum
Tuesday, February 12, 2019 - 1:43pm | 340Restaurant Brands International Inc (NYSE: QSR) reported fourth-quarter results highlighted by better than expected same-store sales growth at Burger King and Tim Hortons. The Analyst Piper Jaffray's Nicole Miller Regan maintains an Overweight rating on Restaurant Brands with an unchanged $70...
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Gilead Analysts React To Failed NASH Trial: Citigroup, Wells Fargo Downgrade Biotech
Tuesday, February 12, 2019 - 1:12pm | 546One of the three widely awaited clinical trial readouts from Gilead Sciences, Inc. (NASDAQ: GILD) turned out to be a disappointment, sending its shares down sharply Tuesday. The Analysts Raymond James analyst Steven Seedhouse maintained a Strong Buy rating on Gilead and lowered the...
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Piper Jaffray Continues To Like Glu Mobile, Wedbush Sees Hurdles Ahead
Tuesday, February 5, 2019 - 1:24pm | 615Mobile video game developer and publisher Glu Mobile Inc. (NASDAQ: GLUU) reported fourth-quarter results Monday that prompted Piper Jaffray to turn incrementally bullish on the stock, while Wedbush highlighted expectations for a slowdown in core growth games. The Analysts Piper Jaffray's...
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Wall Street Reacts To Alphabet's Q4 Earnings
Tuesday, February 5, 2019 - 10:17am | 861Google's parent company Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) reported fourth-quarter results, which came in better than expected but advertising prices continued to come under pressure while margins fell from 23 percent last year to 21 percent. Here is a summary of how some of the Street...
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3D Systems Has Path To Sustainable Growth, Piper Jaffray Says In Upgrade
Tuesday, January 29, 2019 - 4:48pm | 401After nearly two years of alternating between Neutral and Underweight ratings, Piper Jaffray is now bullish on 3D Systems Corporation (NYSE: DDD) and said Tuesday that the company has a path toward sustainable growth. The Analyst Analyst Troy Jensen upgraded 3D Systems from Neutral to...
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Analysts Unfazed By Intuitive Surgical's Higher Opex Guidance
Friday, January 25, 2019 - 12:20pm | 530Intuitive Surgical, Inc. (NASDAQ: ISRG) reported Thursday after the market close with higher fourth-quarter non-GAAP earnings per share — which fell short of expectations — and revenue that was slightly ahead of estimates. The Analysts Morgan Stanley analyst David Lewis...
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Piper Jaffray Sees More Upside In Canopy Growth On Geographic, Product Expansion
Friday, January 25, 2019 - 9:49am | 392Canopy Growth Corp (NYSE: CGC) kicked off 2019 with a 53-percent run. It hasn’t even begun to strike its high, according to one analyst team. The Rating Piper Jaffray analysts Michael Lavery and Jeffrey Kratky maintained an Overweight rating on Canopy Growth and raised their price target from...
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Piper Jaffray Out Bullish On Tilray, Canopy Growth, Says Global Cannabis Market Could Grow Tenfold
Wednesday, January 9, 2019 - 1:41pm | 500Cannabis stocks were trading mostly up Wednesday morning after Piper Jaffray started coverage of the group. What Happened Piper Jaffray's Michael Lavery said in his initiation note that the cannabis industry is in its early stages, with "much to learn," according to CNBC....
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The Street Vs. Investors: Who Got The Apple Narrative Right?
Monday, December 31, 2018 - 12:04pm | 348Apple Inc. (NASDAQ: AAPL) is on track to end 2018 not far removed from its 52-week lows. Many Street research firms remain ardent bulls, with D.A. Davidson most recently projecting upside potential of 80 percent. Who's right on Apple: the Street or the market? Technician: The Chart Sides...