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Piper Jaffray Analyst Turns Less Bullish On Fintech
Friday, December 28, 2018 - 2:30pm | 347The financial technology sector's secular growth story remains "as strong as ever," but Piper Jaffray analysts are turning incrementally less bullish on the group. What To Know Digital payments and the digitization of business ecosystems are showing a continued surge, Piper Jaffray...
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The Street's Reaction To Oracle's Q2 Earnings Beat
Tuesday, December 18, 2018 - 11:59am | 674Oracle Corporation (NYSE: ORCL) reported Monday a top-and-bottom line beat in its fiscal second-quarter earnings report. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Oppenheimer's Brian Schwartz maintains a Perform rating on Oracle with no...
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Foot Locker Rallies After Q3 Beat, But Footwear Brands' Direct-To-Consumer Push Concerns Analysts
Wednesday, November 21, 2018 - 5:13pm | 798Foot Locker, Inc. (NASDAQ: FL) shares are soaring after the retailer reported a third-quarter earnings and sales beat Tuesday. The footwear retailer reported Q3 earnings of 95 cents per share, beating estimates by 3 cents. Sales came in at $1.86 billion, beating estimates by $10 million. Many...
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Is Walmart A Safe Play Ahead Of Earnings? These 2 Pros Say Yes
Wednesday, November 7, 2018 - 12:55pm | 377Retail stocks as a group have rebounded sharply from their October lows, but not enough to recapture multiyear highs. With the earnings season for the retail group approaching, should investors expect to see more gains or sell into the print? The Analysts Over the past few weeks, investors...
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Piper Jaffray Upgrades Under Armour, Sees Path To Sales Growth
Monday, November 5, 2018 - 3:17pm | 417One week after its biggest share gain in 10 years, Under Armour Inc (NYSE: UAA) received a sell-side upgrade Monday. The Analyst Piper Jaffray analyst Erinn Murphy upgraded Under Armour from Neutral to Overweight with a price target raised from $20 to $32. The...
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Piper Jaffray: Nike, Vans, Amazon, Instagram Reign Supreme With Teens
Sunday, October 28, 2018 - 10:25am | 488Few know or follow trends better than teens. Piper Jaffray’s semi-annual "Taking Stock With Teens" surveys this crucial demographic and found that overall spending by teens is up 1 percent year-over-year but down 5 percent from spring 2018. Food continues to be teens...
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Where Do Teens Dine? This Survey May Have The Answer
Saturday, October 27, 2018 - 10:16am | 383What better way to gauge the dining habits of teens than asking them directly? Piper Jaffray has released its fall 2018 "Taking Stock With Teens" survey to gain a better understanding of Gen Z's spending habits. The Analyst Piper Jaffray's Nicole Miller Regan and a team of analysts discussed ...
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Amazon, Netflix, Apple Dominate Among Teens
Friday, October 26, 2018 - 7:44am | 466It's no surprise: Amazon.com, Inc. (NASDAQ: AMZN) is king among teen shoppers. Buying In Piper Jaffray’s semi-annual "Taking Stock With Teens" survey, the e-commerce giant's mindshare as the preferred shopping site increased 3 points from the previous survey's 47 percent...
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Survey: Michael Kors Still The Preferred Handbag Among Teens
Thursday, October 25, 2018 - 2:34pm | 423Its popularity may be declining, but Michael Kors Holdings Ltd (NYSE: KORS) is still far and away the preferred handbag among teens. Thirty percent of female respondents said that Michael Kors is their preferred handbag brand, according to Piper Jaffray's latest "Taking Stock With...
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Vans' Popularity Hits All-Time High Among Teens In Piper Jaffray Survey
Thursday, October 25, 2018 - 9:49am | 468VF Corp (NYSE: VFC)'s Vans brand is reaching all-time high levels of popularity among teens, according to Piper Jaffray. The firm's semi-annual "Taking Stock With Teens" survey saw Vans hit its highest numbers in the study's history at 19 percent mindshare, the closest...
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3D Systems Gets A Lift From Piper Upgrade
Wednesday, October 24, 2018 - 1:34pm | 326The bearish case for 3D Systems Corporation (NYSE: DDD) can no longer be justified, according to Piper Jaffray. The Analyst Piper Jaffray's Troy Jensen upgraded 3D Systems from Underweight to Neutral with a price target lifted from $14 to $17. The Thesis 3D Systems is likely to benefit from...
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The 'Fab 5' Stocks — And Why They're So Important To The Rally
Thursday, October 18, 2018 - 9:50am | 416Investors may find it surprising that out of a portfolio of more than 4,000 stocks, only 28 percent are showing "any form of an uptrend," according to Piper Jaffray's Craig Johnson. The Analyst Johnson, a managing director and senior technical research analyst, was a guest on...
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Akorn Upgraded By Piper Jaffray On Improved Cost Structure, Product Potential
Wednesday, October 17, 2018 - 9:41am | 412A closer look at Akorn, Inc. (NASDAQ: AKRX)'s generics business led Piper Jaffray to turn bullish on the drug manufacturer's stock. The Analyst Analyst David Amsellem upgraded Akorn from Neutral to Overweight and raised the price target from $5 to $9. The Thesis Akorn's EBITDA has...
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Stitch Fix Churn, Prime Wardrobe Threat Keep Piper Analysts On The Sidelines
Thursday, October 11, 2018 - 9:23am | 412There’s a tear in Stitch Fix Inc (NASDAQ: SFIX)’s user base — a devaluing rip that may warrant a push to the back of the closet. The Rating Piper Jaffray analysts Erinn Murphy, Eric Johnson and Christian Yonkoski maintained a Neutral rating on the stock but cut their price target...
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Intuitive Surgical Well-Positioned For Shift To Robotic Procedures, Piper Jaffray Says In Upgrade
Wednesday, October 10, 2018 - 3:35pm | 386Robotic surgery device manufacturer Intuitive Surgical, Inc. (NASDAQ: ISRG) reports third-quarter earnings Oct. 18. Piper Jaffray outlined the results of a physician survey in an upgrade note issued ahead of the print. The Analyst Analyst JP McKim upgraded Intuitive Surgical from Neutral...