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What Joe Biden's State Of The Union Address Means For Markets: Why This Analyst Sees Challenges Ahead
Wednesday, February 8, 2023 - 2:48pm | 580Read More...In a State of the Union address to the nation late Tuesday, U.S. President Joe Biden touched on several topics that could impact the standing of the American economy. Here's a look at Cowen's take on what it means for the markets. What To Know: The State of the...
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Chipotle Shares Plunge After Q4 Print, But 4 Analysts Are Still Happy: Here's Why
Wednesday, February 8, 2023 - 10:11am | 511Read More...Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) were heavily shorted during pre-market trading on Wednesday after the company reported an earnings miss. BMO Capital analyst Andrew Strelzik reaffirmed a Market Perform rating, while raising the price target to from $1,600 to $1,800. Raymond James...
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Exclusive: Weekly Benzinga Moneymaker Index - Top 5 Stock Ideas Revealed
Thursday, January 5, 2023 - 5:08pm | 734Read More...Investors are on the hunt for undervalued, underfollowed and emerging stocks to spot opportunities. Retail traders have countless methods at their disposal to uncover new information. For some, this may be overwhelming. Benzinga’s Moneymaker Index uses a combination of proprietary data and...
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Coinbase Analyst Sees Clouded Path Forward — Downgrades Stock As Trading Volumes Are Falling
Thursday, January 5, 2023 - 3:51pm | 725Read More...Coinbase Global Inc (NASDAQ: COIN) caught a downgrade from Cowen on Thursday. Shares tanked after analysts warned of declining trading volumes and elevated scrutiny in the wake of the FTX collapse. What Happened: Cowen & Co downgraded Coinbase from Outperform to Market...
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Control Of Congress Up For Grabs In Midterms: 12 Stocks To Watch
Monday, November 7, 2022 - 1:06pm | 840Read More...As voters endeavor to select the congressional candidates they believe would best assist the U.S. in navigating through historical issues it is currently facing, investors are wondering what's going to happen to equities. For the worried investor, don't fret. Historically speaking, markets...
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Why These 2 McDonald's Analysts Are Bullish After Q3 Earnings Beat
Thursday, October 27, 2022 - 9:02am | 295Read More...McDonald's Corp (NYSE: MCD) Thursday reported its third-quarter results. The restaurant chain’s earnings of $2.68 per share beat Street expectations, although revenues declined on a year-on-year basis. Stephens On McDonald's Analyst Joshua Long maintained an Overweight rating with a...
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4 Starbucks Analysts React To Investor Day: 'Attractive Risk-Reward And Valuation'
Wednesday, September 14, 2022 - 9:54am | 610Read More...Starbucks Corporation (NASDAQ: SBUX) shares traded high by 1.2% on Wednesday after the company held its first investor day event since announcing Laxman Narasimhan will be taking over as the new CEO. Starbucks holds investor day events once every two years to update investors on its long-term...
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Why This Starbucks Analyst Is Surprised By New CEO Choice — And Optimistic
Friday, September 2, 2022 - 12:18pm | 408Read More...Starbucks Corporation (NYSE: SBUX) announced late Thursday the appointment of Reckitt Benckiser Group plc (OTC: RBGLY) top brass Laxman Narasimhan as its next chief executive officer effective April 1, 2023. He will join the company as the incoming CEO on Oct. 1. The Starbucks Analyst: Cowen...
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Why Amazon Shares Present 'A Lot Of Opportunity' At Current Levels
Monday, December 13, 2021 - 1:57pm | 317Read More...Amazon.com, Inc. (NASDAQ: AMZN) is only up about 4.50% year-to-date, but the stock was named a top mega-cap pick and a best idea for 2022 by Cowen on Monday. What Happened: Cowen analyst John Blackledge maintained Amazon with an Outperform rating and raised the price target from...
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Analyst Upgrades Starbucks Following Post-Earnings Sell-Off: 'Market Is Being Shortsighted'
Monday, November 1, 2021 - 10:47am | 576Read More...Starbucks Corporation (NASDAQ: SBUX) shares bounced back on Monday after the stock received a Wall Street upgrade by an analyst who believes the stock’s post-earnings sell-off is overdone. The Analyst: Stephens analyst James Rutherford upgraded Starbucks from Equal Weight to Overweight...
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'Exceptional Unit Level Economics': Analysts Initiate Coverage Of Dutch Bros Following Quiet Period
Monday, October 11, 2021 - 5:24pm | 514Read More...Dutch Bros Inc (NYSE: BROS) shares gained 15.7% on Monday, continuing the stock’s strong run following its September IPO. Dutch Bros is off to a hot start to life on the public market and has now more than doubled its $23 IPO price. In the second quarter of 2021, Dutch Bros reported $114...
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Square Lands 2 Upgrades Following Afterpay Buyout
Tuesday, August 3, 2021 - 11:45am | 422Read More...Square Inc (NYSE: SQ) shares traded lower on Tuesday, pulling back just a bit following a 12% surge in Monday's session. The Analysts: Raymond James analyst John Davis upgraded Square from Underperform to Market Perform. Cowen analyst George Mihalos upgraded Square from Market Perform to...
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What 2 Starbucks Analysts See Brewing After Q3 Earnings
Thursday, July 29, 2021 - 11:56am | 499Read More...Following Starbucks Corp’s (NASDAQ: SBUX) third-quarter earnings beat on Tuesday, July 27, analysts at Morgan Stanley and Cowen provided their key takeaways and future outlook. Starbucks Q3 Earnings Recap EPS came in at $1.01, beating consensus estimates of 77 cents by 31%. Revenue...
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Fintech Focus For June 8, 2021
Monday, June 7, 2021 - 7:14pm | 1747Read More...Quote To Start The Day: "Believe you can and you’re halfway there." Source: Theodore Roosevelt One Big Thing In Fintech: Latin America’s fintech industry is booming, and U.S. venture capital firms are not only taking notice, but are backing that growth with some significant...
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Why Cowen Is Bullish On Boeing: '2022-24 Look Brighter'
Tuesday, June 1, 2021 - 1:21pm | 408Read More...Boeing Co (NYSE: BA) shares traded higher by 3.2% on Tuesday after the stock got a big upgrade on Wall Street. The Analyst: Cowen analyst Cai von Rumohr upgraded Boeing from Market Perform to Outperform and raised his price target from $240 to $290. The Thesis: Von Rumohr said Boeing has a...















