btig

Although sluggish demand for enterprise storage and intensifying competitive pressures may continue to impact NetApp Inc. (NASDAQ: NTAP)'s performance, the current consensus estimates seem to be underestimating the EPS upside from cost reduction, BTIG’s Edward Parker said in a report, while...

Home Depot Inc (NYSE: HD) is scheduled to report its Q4 results on February 21. The company may deliver another strong quarter, despite strong comps last year, but would likely announce conservative guidance for 2017, BTIG’s Alan Rifkin said in a report. He maintains a Buy rating on the...

Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) reported its Q4 2016 results, with revenue ahead of expectations, and reaffirmed its full-year guidance. Teva is now “aggressively looking” for a new CEO to turnaround the company, BTIG’s Timothy Chiang said in a report. He...

BTIG’s Richard Greenfield believes Twitter Inc’s (NYSE: TWTR) daily active user (DAU) growth "is accelerating, particularly in the US, which has a disproportionate impact on Twitter's revenues and profits.” The analyst upgraded the rating on the company from Neutral to...

Although Amazon.com, Inc. (NASDAQ: AMZN) generally has lower prices, brick-and-mortar stores in the auto parts retailing segment have “other advantages,” BTIG’s Alan Rifkin said in a report. He believes that, despite Amazon’s lower prices, traditional auto parts retailers...

A New York Post article reported on Amazon.com, Inc. (NASDAQ: AMZN)'s plans to enter the DIY after-market auto parts space. Contrary to speculations in the article, Amazon is unlikely to acquire a regional parts distributor, BTIG’s Alan Rifkin said in a report. DIY Versus DIFM The aftermarket...

BTIG’s Peter Saleh remains positive on McDonald's Corporation (NYSE: MCD), given the expectations of sales improvement and potential for favorable risk/reward. Saleh maintains a Buy rating on the company, with a price target of $137. Creating Value The analyst believes McDonald...

BTIG analysts expect modest upside from earnings reports of Seagate Technology PLC (NASDAQ: STX) and Western Digital Corp (NASDAQ: WDC) this week and see an upbeat print from CommVault Systems, Inc. (NASDAQ: CVLT). Seagate And Western Digital Seagate and Western Digital report quarterly earnings...

BTIG analyst Edward Parker believes the acquisition of Nutanix Inc (NASDAQ: NTNX)-rival SimpliVity by Hewlett Packard Enterprise Co (NYSE: HPE) would intensify competition in the hyper-converged space. Privately-held SimpliVity, second only to Nutanix in the pure-play hyper-converged market, has...

BTIG Research has said the speculated deal between Toshiba Corp (USA) (OTC: TOSYY) and Western Digital Corp (NASDAQ: WDC) could be accretive to earnings. It has been widely reported in the press that Toshiba is considering a spinoff of its semiconductor business and selling a 20 percent stake to...

BTIG’s Peter Saleh believes there is limited visibility into Chipotle Mexican Grill, Inc. (NYSE: CMG)'s sales, margins and EPS for 2017 and beyond. Saleh maintains a Neutral rating on the company. Limited Visibility “We believe management’s 2017 EPS guidance of $10.00, which they...

Over the past year, the gap between MedTech stocks and the S&P index has narrowed significantly, and these are currently trading near parity as compared to the ~12 percent premium at which MedTech names traded a year earlier, BTIG’s Sean Lavin said in a report. MedTech stocks have been...

With Mylan NV (NASDAQ: MYL) announcing the launch of generic Concerta earlier than expected in the United States, BTIG’s Timothy Chiang expressed optimism regarding the stock, stating that the company was likely to benefit from this launch. Chiang maintained a Buy rating on the company,...

Synergy Pharmaceuticals Inc (NASDAQ: SGYP) has announced the results from its second pivotal Phase 3 trial for plecanatide in constipation-predominant irritable bowel syndrome (IBS-C), reconfirming the robust efficacy and clean side effect profile of the drug candidate. BTIG’s Timothy Chiang...

BTIG’s Timothy Chiang believes 2017 will be a year filled with volume-growing companies in focus. Chiang maintains a Buy rating on Shire PLC (ADR) (NASDAQ: SHPG), with a price target of $242. Superior Product The analyst believes outperformance in 2017 could be driven by “management...