btig

Innovation is the only constant in the constantly evolving tech world, and companies risk their very existence and survival if they remain stagnant and don't innovate. Facebook Inc (NASDAQ: FB) has been aggressive in catering to the changing customer preferences and tastes, either by innovating...

BTIG upgraded Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) following the release of its second-quarter results, which showed directional change in traffic trends. Shares were rallying 13.40 percent to $60.95. Analysts Peter Saleh and Ben Parente believe the consumer is finally rewarding the...

FireEye Inc (NASDAQ: FEYE) reported Tuesday a better-than-expected earnings report, which not only propelled shares higher by 7 percent, but the company confirmed a turnaround story is "starting to see some traction," at least according to analysts at BTIG. The firm's Joel Fishbein maintains a Buy...

Western Digital Corp (NASDAQ: WDC) reported a solid beat for the fourth quarter on Thursday, with EPS coming in at $2.93 and $4.84 billion in sales compared to the Street’s estimated $2.81 EPS and $4.81 billion in sales. The company also issued Q1 EPS guidance of $3.25–3.35 compared to...

Ahead of its earnings date, investors should have high expectations for PayPal Holdings Inc (NASDAQ: PYPL) as the stock is trading up nearly 50 percent over the last seven months. “At this juncture, we believe investors in PYPL shares will be looking not only for an earnings beat and perhaps...

Just a day after Credit Suisse reinstated an Outperform rating on Johnson & Johnson (NYSE: JNJ) based on future gain from Actelion, BTIG and Atlantic Equities downgraded the stock from Neutral to Sell and Underweight, respectively, for nearly the opposite reason. Atlantic Equities: Weak Setup...

After a strong run that sent shares of Insulet Corporation (NASDAQ: PODD) up 50 percent over the last year, BTIG analyst Sean Lavin finally sees shares as fairly valued. This pushed him to downgrade Insulet to a Neutral rating. “We do not feel a reasonable revenue multiple would provide us...

BTIG analyst Edward Parker believes Western Digital Corp's (NASDAQ: WDC) story is no longer price about, it is about culture. “While much of the daily drama seems moot if WD successfully wins injunctive relief to maintain the status quo, i.e. stop Toshiba’s [Toshiba Corp (USA...

Cloud computing software company Nutanix Inc (NASDAQ: NTNX) has been in the news recently after Google parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) announced Wednesday a partnership with the former. On the news, Nutanix shares jumped over 9 percent on Wednesday. Improving Story Close on...

Shares of bluebird bio Inc (NASDAQ: BLUE) have gained 75 percent since the start of 2017, which prompted analysts at BTIG to downgrade the biotech company at the forefront of fighting against cancer. BTIG's Dane Leone downgrades Bluebird's stock rating from Buy to Neutral as many of the bullish...

Following the example of Domino's Pizza, Inc. (NYSE: DPZ), BTIG analyst Peter Saleh said McDonald's Corporation (NYSE: MCD) push into mobile ordering and pay-in-restaurant kiosks should help drive value to the stock. Saleh maintained his Buy on the Golden Arches and raised his price...

Bluebird bio Inc (NASDAQ: BLUE), a clinical-stage biotechnology company that focuses on developing gene therapies for severe diseases and cancer, reported on Monday top-line results from a study called Starbeam. Starbeam explores the company's LentiD investigational gene therapy for the treatment...

BTIG analyst Mark Palmer sees growth ahead for Paypal Holdings Inc (NASDAQ: PYPL), reiterating a Buy rating with a price target raised from $53 to $63. “We believe [PayPal] represents the most direct means by which investors can participate in the growth of mobile payments and e-commerce,...

Bed Bath & Beyond Inc. (NASDAQ: BBBY) announced first-quarter 2017 earnings Thursday after-hours, and it’s safe to say it did not make the company any sell-side friends. BTIG analyst Alan Rifkin is one of those with little positivity for the company, he reiterated a Neutral rating and no...