Cowen

Wendy’s Co (NASDAQ: WEN) shares traded higher Thursday after the company reported impressive first-quarter earnings and raised its full-year guidance. For the first quarter, Wendy’s reported adjusted EPS of 20 cents on revenue of $460.2 million. Both numbers exceeded consensus analyst...

Despite industry-related input costs and labor headwinds, Darden Restaurants, Inc. (NYSE: DRI) could generate above-consensus earnings in fiscal 2023, driven by Olive Garden sales, according to Cowen. The Darden Restaurants Analyst: Andrew Charles upgraded the rating for Darden Restaurants from...

Recent checks in Taiwan indicate significant price increases for display drivers and touch controllers, suggesting Synaptics, Incorporated’s (NASDAQ: SYNA) margin should inflect, according to Cowen. The Synaptics Analyst: Karl Ackerman upgraded the rating for Synaptics from Market Perform to...

Pizza chain stocks were trading lower Thursday morning after Domino's Pizza, Inc. (NYSE: DPZ) reported a top-and-bottom line fourth quarter miss, while Papa John's Int'l, Inc. (NASDAQ: PZZA) reported mixed results. Domino's Earnings Recap: Domino's said it earned $3.46 per share...

Casual restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG) reported Tuesday with fourth-quarter results that prompted a 3% selloff in shares by Wednesday morning. Here's how the Street reacted to the print. The Chipotle Mexican Grill Analysts Raymond James analyst Brian Vaccaro...

Comcast Corporation (NASDAQ: CMCSA) seems to be moving in the right direction, and its stock should outperform over the next 12 months, according to Cowen. The Comcast Analyst: Gregory Williams upgraded Comcast from Market Perform to Outperform and raised the price target from $56 to $60. The...

Limelight Networks, Inc’s (NASDAQ: LLNW) high customer concentration is causing severe pricing pressure that may create a significant impact on revenue growth, while underutilized capacity in South Korea could result in gross margin contraction in 2021, according to Cowen. The Limelight...

Starbucks Corporation (NASDAQ: SBUX) reported Tuesday afternoon with mixed fiscal first-quarter results highlighted by a 5% U.S. same-store sales decline. The coffee chain posted a revenue miss, but EPS beat. Here's how six Starbucks sell-side analysts reacted to the print. The Starbucks...

The consensus estimates for Under Armour Inc (NYSE: UAA) appear conservative through fiscal 2023 given the company’s improving revenue trajectory, gross margin expansion, and mix shift toward direct-to-consumers, according to Cowen. The Under Armour Analyst: John Kernan upgraded Under...

Foot Locker, Inc’s (NYSE: FL) stock valuation seems attractive given the durability of the company’s competitive position and its stake in GOAT Group, known for its online sneaker offerings, according to Cowen Consumer Tracker Survey. The Foot Locker Analyst: John Kernan...

Global fast food giant Mcdonald's Corp (NYSE: MCD) reported third-quarter results Monday and laid out a vision of its future. The McDonald's Analysts Stephens analyst James Rutherford maintains an Overweight rating on McDonald's with an unchanged $250 price target. Raymond...

Fisker Inc (NYSE: FSR), which recently went public via a special purpose acquisition company deal, has traded higher since its New York Stock Exchange Debut. The stock received a charge yesterday after a sell-side analyst took a bullish stance on the electric vehicle stock.  The Fisker Analyst...

The bullish case for Spirit AeroSystems Holdings (NYSE: SPR) is based on a more favorable outlook for Boeing Co's (NYSE: BA) 737 MAX plane, according to Cowen. The Spirit AeroSystems Analyst: Cai von Rumohr upgraded Spirit AeroSystems from Market Perform to Outperform with a price target...