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How The Street Responded To AT&T's Mega-Deal For Time Warner
Monday, October 24, 2016 - 2:11pm | 398Read More...There are at least two things most analysts covering telecomms share in respect to AT&T Inc. (NYSE: T)'s move to buy Time Warner Inc (NYSE: TWX). The first is about the challenges in getting the regulatory approval given the experience of Comcast Corporation (NASDAQ: CMCSA)–NBC deal....
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In The Beauty Industry, E.L.F. Is Looking Attractive
Monday, October 17, 2016 - 10:34am | 267Read More...Cowen’s Oliver Chen expects e.l.f. Beauty Inc (NYSE: ELF) to gain share in an attractive beauty industry, calling the company the “Fast Fashion” of beauty. Chen initiated coverage of the company with an Outperform rating and price target of $32. Attractive Outlook The...
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Nike Continues To Build A Moat Around Its Brand
Tuesday, September 13, 2016 - 11:12am | 414Read More...Shares of Nike Inc (NYSE: NKE) have lost around 10 percent since the start of 2016 and are nearly flat compared to the same time period a year ago. The stock's underperformance isn't deterring John Kernan of Cowen and Company from reiterated an Outperform rating and $63 price target. In a research...
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5 In Focus: Loop Capital Analysts Railroad Stocks Following Wednesday's Conferences
Thursday, September 8, 2016 - 4:04pm | 395Read More...On Wednesday, railroad firms participated in a couple of conferences, hosted by Cowen & Co. and RBC Capital Markets. As a result, five stocks within the sector were analyzed by Loop Capital Markets, four Hold-rated and one rated at Buy. 4 At Hold CSX Corporation (NASDAQ: CSX): The company sees...
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Tractor Supply Hit With A Slew Of Sell-Side Downgrades As Guidance Disappoints
Thursday, September 8, 2016 - 3:00pm | 332Read More...Tractor Supply Company (NASDAQ: TSCO) shares hit a 52-week low of $69.27 on Thursday following multiple headwinds hurting investor sentiment. The company likely initiated the first move downward with the announcement of its full-year earnings and revenue outlook reduction. Accordingly, the revised...
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2 Debates Heading Into Online Travel Earnings
Thursday, October 29, 2015 - 12:08pm | 428Read More...Airbnb’s explosive growth has many online travel investors worried. Cowen & Co projects that Airbnb could become a legitimate threat to the hotel industry by 2018. Cowen sees the Priceline Group Inc (NASDAQ: PCLN)/ Tripadvisor Inc (NASDAQ: TRIP) Instant Book partnership as a...
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What's Biomed Realty Worth In A Buyout?
Wednesday, September 23, 2015 - 9:39am | 322Read More...Biomed Realty Trust Inc (NYSE: BMR) shares are down 12 percent year-to-date, after reaching a high of $24.97 on January 26. Cowen & Co’s James Sullivan maintained an Outperform rating on the company, with a price target of $24. A potential sale of Biomed Realty could value the...
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Cowen: An Acquisition 'Seems Likely' At Avolon, Stock Less Attractive
Wednesday, August 12, 2015 - 8:06am | 217Read More...In a report published Wednesday, Cowen & Co analyst Helane Becker downgraded the rating on Avolon Holdings Ltd (NYSE: AVOL) from Outperform to Market Perform, while raising the price target from $31 to $32. The downgrade reflected the probable acquisition of the company by Bohai Leasing Co Ltd...
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Cowen Downgrades Apple, Highlights Several Concerns Following Q3 Results
Wednesday, July 22, 2015 - 7:41am | 273Read More...In a report published Wednesday, Cowen & Co analyst Timothy Arcuri downgraded the rating on Apple Inc. (NASDAQ: AAPL) from Outperform to Market Perform, while reducing the price target from $140 to $130, after the company reported its 3Q results. Lower-than-expected iPhone sales in the latest...
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Cowen On Micron-Tsinghua Deal: 'Wow.'
Tuesday, July 14, 2015 - 9:27am | 257Read More...In a report published Tuesday, Cowen & Co analyst Timothy Arcuri maintained an Outperform rating on Micron Technology, Inc. (NASDAQ: MU), with a price target of $30. According to a WSJ report, Tsinghua had made an unsolicited $23 billion bid for Micron, valuing the company at $21 per share....
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Time To Buy McDermott's Turnaround, Cowen & Co Says
Wednesday, June 17, 2015 - 9:14am | 256Read More...In a report published Wednesday, Cowen & Co analyst Scott Kirkwood initiated coverage of McDermott International (NYSE: MDR) with an Outperform rating and a target price of $7. McDermott is poised to return to profitability in 2016 with various corrective measures being taken by its new...
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Petrobras Post Reveal: Cowen Is Resetting Expectations
Friday, April 24, 2015 - 10:26am | 231Read More...In a report published Friday, Cowen & Co analysts maintained a Market Perform rating on Petroleo Brasileiro Petrobras SA (NYSE: PBR), while raising the price target from $9 to $11.50. The analysts said they liked the "changing emphasis" by the new management. The company's share price has...
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Cowen Reviews Amazon Earnings
Friday, April 24, 2015 - 9:53am | 260Read More...In a report published Friday, Cowen & Co analysts maintained a Market Perform rating on Amazon.com, Inc. (NASDAQ: AMZN), while raising the price target from $320 to $370. The company reported strong 1Q results. Amazon.com reported its 1Q15 revenue at $22.7 billion, representing 15 percent y/y...
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Analyst Likes Smith & Wesson Despite 9.5% Drop In Gun Permits
Monday, April 13, 2015 - 1:39pm | 264Read More...Smith & Wesson Holding Corp (NASDAQ: SWHC) remains poised for a comeback despite a recent slowdown in gun permits, an analyst said Monday. Federal gun permits, a proxy for retail sales, are off nearly 9.5 percent to about 5.65 million in the first three months of 2015, compared with last year....
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UPDATE: Cowen & Co. Upgrades Fox On Withdrawal Of Time Warner Bid
Thursday, August 7, 2014 - 11:27am | 200Read More...Following the announcement that Twenty-First Century Fox (NASDAQ: FOXA) rescinded its bid for Time Warner (NYSE: TWX), Cowen & Co. analyst Doug Creutz upgraded shares of Fox from Underperform to Market Perform and raised the price target from $29 to $35. Creutz has chosen to move the stock...
