btig

Endologix, Inc. (NASDAQ: ELGX) announced on Thursday after the market close that it needs to conduct a confirmatory clinical trial for its Nellix Endovascular Aneurysm Sealing System with the previously updated instructions for use and the Gen2 device design. This follows the company's meeting...

Commenting on Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB)'s nice positive surprise delivered for the first time in several quarters, BTIG said heavy investment in value is yielding results in the firm of same store momentum. Q1 Review Analysts Peter Saleh and Ben Parente noted that the company...

BTIG's Mark Palmer downgraded shares of Square Inc (NYSE: SQ) from Buy to Neutral after the stock hit his $20 price target. Palmer's downgrade and removal of Square's price target comes at a time when Square "impressed" him with solid execution over the past few quarters,...

LendingClub Corp (NYSE: LC)'s earnings report marks "another step in the right direction" for the company, at least according to BTIG's Mark Palmer who maintains a Buy rating on LendingClub's stock with an unchanged $9 price target. Palmer commented in a research report on Friday LendingClub's loan...

Following the release of first-quarter results by Tableau Software Inc (NYSE: DATA), BTIG said it is getting comfortable with the story. As investors gain more comfort with bookings quality, the firm thinks the multiple will expand, as in the case of other subscription transition stories in...

Shares of Square Inc (NYSE: SQ) gained more than 9 percent Thursday morning and hit an all-time high of $19.99 in reaction to a better-than-expected first-quarter report. BTIG's Mark Palmer maintains a Buy rating and $20 price target on Square's stock after the company delivered solid results in...

BTIG said in a note released Friday Western Digital Corp (NASDAQ: WDC) should have a good 2017. Analyst Edward Parker premised his prognostication of a good year on the following: Expectations of NAND bit supply at the low end of the 35–45 percent target as 3D takes it time to yield. Stable...

Twitter Inc (NYSE: TWTR) shares are up 14 percent this week after beating first quarter earnings estimates. With daily active users up 14 percent year-over-year, Twitter is reversing some of the negative sentiment that has surrounded the company as of late. BTIG analyst Rich Greenfield told...

Comcast Corporation (NASDAQ: CMCSA) is frequently rumored to on one end or the other of an acquisition, and BTIG suggested Thursday that it may now be looking to purchase Charter Communications, Inc. (NASDAQ: CHTR). “We believe Comcast has unique opportunity to make a transformative...

Chipotle Mexican Grill, Inc. (NYSE: CMG) patrons should be bracing for menu prices increase in the coming months, according to a note from BTIG. The view comes close on heels of reports of menu price increases and findings by BTIG based on its own pricing checks. Analysts Peter Saleh and Ben...

Splunk Inc (NASDAQ: SPLK) and Tableau Software Inc (NYSE: DATA) may both have a central role to play in the data and cloud infrastructure business in the long-term. BTIG analyst Edward Parker has initiated both stocks with a Buy rating and says each stock brings something unique to the table for...

Pier 1 Imports Inc (NYSE: PIR) reported its fourth-quarter EPS and comps in line with the raised guidance. BTIG’s Alan Rifkin maintains a Sell rating on the company, with a price target of $3.50. Q4 Results Pier 1 Imports reported its operating EPS for Q4 at $0.34, with comps rising 0.2...

An IDC report describes the “global datasphere” as the total of data created, captured, and replicated, which is distinctive not only for its unprecedented size but for its rapid evolution.” BTIG's Edward Parker explained in a report that while data is driving many successful...

Shares of Snap Inc (NYSE: SNAP) have surged 31 percent from its IPO price of $17 on March 2. The stock now appears “fairly valued,” BTIG’s Richard Greenfield said in a report. The analyst will hold off issuing a higher rating unless co-founder and CEO Evan Spiegel can “...

BTIG’s Abhinav Kapur believes HubSpot Inc (NYSE: HUBS) “is at a crossroads as it integrates its freemium CRM and Sales products with its “traditional-lite” approach.” The analyst upgraded the rating on the company from Neutral to Buy, with a price target of $73. The...