btig

BTIG analysts raised the price target on Barracuda Networks Inc (NYSE: CUDA) shares by $2 to $28 after it reported solid second-quarter results, which sent its shares up over 12 percent in the pre-market hours. Barracuda Networks' second quarter non-EPS of $0.21 handily beat consensus' $0.13...

Illumina, Inc. (NASDAQ: ILMN)'s warning issued Monday after the close created quite a stir in the markets, with traders punishing the stock with a massive selloff. The stock was down over 25 percent to its lowest level in over three months. The news of the potential shortfall in the third-quarter...

Illumina, Inc. (NASDAQ: ILMN) preannounced Q3 revenues significant below expectations, marking the fourth miss in the past six quarters. Internal growth forecasts seem to be “failing to accurately reflect market demand,” BTIG’s Dane Leone said in a report. He maintained a...

Following rumors that Papa John's Int'l, Inc. (NASDAQ: PZZA) could announce the launch of pan pizza later Monday, BTIG said it sees the potential launch as a driver for both comparable store sales and traffic. The speculation is based on the product recently being added to restaurants in several...

Mylan NV (NASDAQ: MYL) over the weekend announced a $465 million settlement agreement with the Department of Justice over its EpiPen classification. The stock was up more than 11 percent to $40.13 in Monday's pre-market session. Several Wall Street analysts were quick to weigh in on the...

BTIG said in a research note on Thursday it thinks the logic that proliferation of flash memory will spell the death of hard disk drive is flawed, although it concedes that HDDs are structurally challenged. Focus On Data Growth Analyst Edward Parker suggested that investors should move away from...

Yum! Brands, Inc. (NYSE: YUM) reported its Q3:16 results modestly below expectations, and BTIG’s Peter Saleh believes investors are likely to focus on “China comps and the lack of expected improvement.” Saleh maintains a Neutral rating on the company. China Concerns “While...

Joel Fishbein of BTIG believes Imperva Inc (NYSE: IMPV) could be acquired, but the takeover premium would be minimal as he downgraded the stock to Neutral given balanced risk/reward. Shares of Imperva have gained about 23 percent since a recent report from Bloomberg said the security-software...

Following Workday Inc (NYSE: WDAY)'s Analyst Day, BTIG maintains its Buy rating on the shares of the company. The firm said it is impressed by the company's recent execution, with pipeline doubling in the last 12 months and 27 percent of net-new customers opting for both HCM and Financials products...

With the seemingly lackluster release of Apple Inc. (NASDAQ: AAPL)'s iPhone 7 on September 13 and the negative commentary surrounding the lack of a 3.5mm headphone jack, many investors were unsure how the tech giant’s latest release and the retail sales following it would impact the stock...

BTIG has downgraded OraSure Technologies, Inc. (NASDAQ: OSUR) to Neutral, as the brokerage looks for a better entry point into the shares. Shares have materially outperformed BTIG's comp group of profitable small-cap diagnostics companies (+34 percent year-to-date versus the group's -18 percent...

Following the launch of the iPhone 7, various mobile phone operators are offering incentives for the migration to the new device from Apple Inc. (NASDAQ: AAPL), BTIG’s Walter Piecyk mentioned. He raised the price target for the company from $124 to $133. Positive Channel Checks Wireless...