btig

Walter Piecyk of BTIG remains bullish on the investment opportunity of wireless tower companies by reiterating the Buy ratings on American Tower Corp (NYSE: AMT) and SBA Communications Corporation (NASDAQ: SBAC). “Stable growth in a high margin, low capital intensive business should still be...

The ongoing Phase 2 studies of Regeneron Pharmaceuticals Inc’s (NASDAQ: REGN) nesvacumab could yield a favorable outcome, expanding the market opportunity for the company in wet Age-related Macular Degeneration [wet AMD] and Diabetic Macular Edema [DME], BTIG’s Dane Leone said in a...

BTIG’s Sean Lavin sees Organovo Holdings Inc (NASDAQ: ONVO) as a long-term investment “with multiple opportunities”. Lavin initiated coverage of the company with a Buy rating and price target of $5. Multiple Opportunities The analyst mentioned that the markets for liver and kidney...

Before Friday's market open, Synergy Pharmaceuticals Inc (NASDAQ: SGYP) announced positive data from its first of two Phase 3 trials for clinical constipation-predominant irritable bowel syndrome (IBS-C) drug plecanatide. “We are very pleased with these results,” said Gary S. Jacob,...

Starbucks Corporation (NASDAQ: SBUX) held its biennial Analyst Day on Wednesday, where it outlined its financial goals and focus areas, among other updates. The company reiterated its annualized targets of 10 percent revenue growth, mid-single-digit same-store sales expansion and 15–20...

Western Digital Corp (NASDAQ: WDC) raised its December quarter guidance and provided an update for its long-term model. Expressing increased confidence in the sustainability of Western Digital’s solid fundamentals, BTIG’s Edward Parker said in a report that the company should be...

Shares of AutoZone, Inc. (NYSE: AZO) gained more than 2 percent after the auto parts retailer reported better-than-expected earnings for its first quarter. Quarter, In Review Autozone reported first-quarter earnings of $9.36 per share on revenue of $2.46 billion. Analysts were expecting earnings of...

After Monday's close, Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) announced Siggi Olafsson, head of global generics at the company, would be retiring at the end of Q1:17. BTIG’s Timothy Chiang maintains a Neutral rating on the company, while expressing surprise regarding the...

Starbucks Corporation (NASDAQ: SBUX) shares are under pressure following the announcement that current CEO Howard Schultz will step down and hand over the reins to chief operations officer Kevin Johnson in April. Schultz will now become executive chairman and will focus on the company’s...

On Thursday, Starbucks Corporation (NASDAQ: SBUX) announced that Howard Schultz would be stepping down as CEO to take on the role of executive chairman. BTIG’s Peter Saleh maintains a Buy rating on the company, with a price target of $64. Executive Change Mentioning that this executive...

Workday Inc (NYSE: WDAY) reported its Q3 results marginally ahead of expectations. The challenges seem to be in the near term, while the company appears poised to be a leader in the ERP (enterprise resource planning) market in the long term. BTIG’s Joel Fishbein maintained a Buy rating,...

After market close on Wednesday, bluebird bio Inc (NASDAQ: BLUE) released early data on the relapsed/refractory multiple myeloma study. Traders flocked to the stock after the good news, and the stock was up 22 percent after hours, spiking to $74.45 at market open Thursday, before leveling out at $...

Western Digital Corp (NASDAQ: WDC) is scheduled to hold its first analyst day in four years on December 6. BTIG’s Edward Parker reiterated a Buy rating on the company, with a price target of $66. What To Expect On Analyst Day “Besides providing an update on the long-term model and...

BTIG expects better-than-expected numbers from Nutanix Inc (NASDAQ: NTNX), which will report its first quarterly numbers as a public company on Tuesday. Analyst's Expectations Analyst Edward Parker sees a loss of $0.40 a share and revenue of $149 million for the first quarter, while Street expects...