btig

While appreciating management’s “willingness” to assess new strategies more aggressively in order to win back old customers and attract new ones to the brand, BTIG’s Peter Saleh expressed concern regarding the pace of sales and economic recovery at Chipotle Mexican Grill,...

Time Warner Inc (NYSE: TWX) shares rallied 9.4 percent on Thursday and Friday of last week after AT&T Inc. (NYSE: T) announced an $85 billion buyout bid for the company. Despite the $110/share bid price and the late-week rally, Time Warner’s stock is trading around $87 in Tuesday's...

BTIG believes McDonald's Corporation (NYSE: MCD) can continue to recapture market share through “menu enhancement, improved restaurant operations and expanded digital capabilities.” The comments came after McDonald's reported better-than-expected third-quarter results, driven by...

BTIG’s Karen Koski believes the proprietary technology platform of Fulgent Genetics Inc (NASDAQ: FLGT) “drives multiple sustainable competitive advantages, including a broad and flexible test menu and an attractive cost structure.” Koski initiated coverage of the company with a...

BTIG’s Edward Parker started coverage of Nutanix Inc (NASDAQ: NTNX) with a Neutral rating, as he advises investors to wait for a better entry point. Nutanix is a leading provider of hyper-converged infrastructure (HCI), in which storage and computing assets are collapsed into a single tier....

BTIG’s Peter Saleh maintains his Buy rating and raised the target price on Domino's Pizza, Inc. (NYSE: DPZ) shares by $31 to $195 after the company’s digital strategy helped it to gain consistent market share in the third quarter, despite a slowdown in the fast-food sector. Domino...

BTIG has cut its earnings estimate for Advance Auto Parts, Inc. (NYSE: AAP) on weak fundamentals and continued loss of share to competitors. The brokerage maintains its Sell rating and $120 target price on the shares. Analyst's Take Lead analyst Alan Rifkin cut his 2017 and 2018 EPS estimates to $7...

Shares of Imperva Inc (NYSE: IMPV) tanked more than 15 percent in the pre-market trading on Wednesday after concerns were raised on the possible sale. According to a Bloomberg report, the sale process has been put on a hold, as the company is seeking increased deal price. The cybersecurity firm has...

More than six months after Facebook Inc (NASDAQ: FB) product manager Fidji Simo announced that the company was creating a dedicated video tab for its mobile app, the new feature is still nowhere to be seen. In a note, BTIG analyst Rich Greenfield discussed his opinion of what’s going on...

BTIG’s Mark Palmer believes the Q3:16 results announcement, scheduled for later in the week, represent an opportunity for Paypal Holdings Inc (NASDAQ: PYPL) to provide more details regarding the financial implications of its recent partnerships with Visa Inc (NYSE: V) and Mastercard Inc (NYSE...

Following a strategic collaboration, option and license agreement Ocular Therapeutix Inc (NASDAQ: OCUL) announced with Regeneron Pharmaceuticals Inc (NASDAQ: REGN), BTIG said the deal provides external validation for the former's platform technology. The deduction is based on the fact that...

Two network security companies issued updates recently, with Barracuda Networks Inc (NYSE: CUDA) delivering better-than-expected results for the second quarter and Fortinet Inc (NASDAQ: FTNT) providing a downbeat forecast for the third quarter. Both the events triggered actions from different...