PiperJaffray

Immucor Inc. (NASDAQ: BLUD) shares are currently trading down 24% intra day after disappointing 1Q11 results announced today. In a research note, PiperJaffray writes, "Immucor announced disappointing 1Q11 revenue results, missing both our and Street consensus expectations. EPS fell short of our...

Deckers Outdoor Corporation (NASDAQ: DECK) maintains estimates for Price Target and keeps Neutral Rating with signs that Y/Y declines in footwear spending appears to be ending. In a research report PiperJaffray writes, "Footwear spending showing signs of life among teen females: Females in our...

A resent "Taking Stock With Teens" Survey selected Urban Outfitters (NASDAQ: URBN) as the 9th favorite clothing brand among upper-income teens which lead to a lower price target from $35.00 to $31.00 In a research report PiperJaffray writes, "We are maintaining our Neutral rating on shares of URBN...

Chipotle Mexican Grill, Inc (NYSE: CMG) ranked No. 1 among upper Income students in a survey by PiperJaffray. Chipotle topped Starbucks Corporation (NASDAQ: SBUX)and was also a head of McDonald's Corporation (NYSE: MCD). In a research note PiperJaffray writes, "We maintain a positive long term bias...

Piper Jaffray rated New Oriental Education (NYSE: EDU) as Overweight in a research report released today, with a price target of $112. New enrollment is up only 8% for this first summer quarter, well below the 18.4% estimate. This was likely due to the shorter summer break this year vs. last year,...

Updated results from Celgene's (NASDAQ: CELG) MM-015 study reaffirmed Revlimid's efficacy in improving progression free survival (PFS). The analysts said, "We believe that the data will support US and EU filing in front line MM. While US approval will likely have limited impact, as Revlimid is...

T. Michael Walkley and Charles John at PiperJaffray are maintaining their Neutral rating of Powerwave Tech. (NASDAQ: PWAV) after a meeting with the CFO at CTIA in Las Vegas. These analysts anticipate a seasonally weak Q1 2010 for Powerwave, a global designer, manufacturer, and supplier of wireless...

PiperJaffray analysts Matt Miksic and Roshni Sacks reiterated their Overweight rating for shares of NuVasive, Inc. (Nasdaq: NUVA) and lowered their price target from $55 to $47. The analysts noted that, "the company's reclassification of certain operating expenses, unveiled a level of gross profit...

Capital One Financial (NYSE: COF) posted an EPS of $0.81, beating consensus estimates of $0.45. This was largely driven by a $386m ($0.59/share) reserve release, which was surprising given the increase in delinquencies and charge-offs in the quarter and more expected in 2010. Loan balances are...

Analysts at PiperJaffray have maintained an Overweight rating for Target Corporation (NYSE: TGT) with a price target of $58. Target has recently announced the concept of P-Fresh, which will enable the company to include 55 sides of food in a typical prototype store. The previous prototype called...

A recent report by PiperJaffray on wireless technologies indicates that the 3G based smartphones segment has reported solid sales in the month of December. Market leaders in terms of handset models are Motorola (NYSE: MOT) Droid at Verizon (NYSE: VZ), iPhone (NASDAQ: AAPL) at AT&T (NYSE: T)...

Apollo Group, Inc. (NASDAQ: APOL) posted decent results for the last quarter beating both top line and bottom line expectations. The scrip has been set a target price of $91 from the current trading range of $58.38 to $60.90, reports Mark A. Marostica, a Sr Research Analyst with Piper Jaffrey...