btig

Although BTIG’s Sean Lavin sees the current valuation of NeoGenomics, Inc. (NASDAQ: NEO) shares as fair, there do not appear to be sufficient near-term catalysts to drive any significant upside to the stock. Lavin downgraded the rating on the company from Buy to Hold. Limited Upside “...

BTIG’s Peter Saleh believes the investment Panera Bread Co (NASDAQ: PNRA) is making in technology enhancements “is leading to an acceleration in traffic and same-store sales as evidenced by the increasing gap between company-owned and franchise comps.” Saleh reiterated a Buy...

Apple Inc. (NASDAQ: AAPL) reported its FQ3 results at a slight beat to expectations. BTIG’s Walter Piecyk raised the price target on the company from $115 to $124. “Valuation multiples are a function of growth and risk, and with FQ3 behind us and reasonable guidance for the...

Twitter Inc (NYSE: TWTR) is betting its future on the potential of live sports and may be trying to "court" legacy media companies such as Walt Disney Co (NYSE: DIS), Twenty-First Century Fox Inc (NASDAQ: FOX) (NASDAQ: FOXA), NBC, CBS Corporation (NYSE: CBS) and Time Warner Inc (NYSE: TWX),...

While Chipotle Mexican Grill, Inc. (NYSE: CMG) comps remain challenged, there are early signs of Chiptopia driving traffic, BTIG’s Peter Saleh said in a report. He maintained a Neutral rating on Chipotle, saying that the company would “eventually fully recover from its food safety...

Richard Greenfield of BTIG can no longer support a bullish thesis on Facebook Inc (NASDAQ: FB), as shares are now trading above his $117 price target. In a report published Friday, Greenfield downgraded Facebook's stock to Neutral from Buy while removing his prior price target. He noted...

Channel checks indicate a sequential improvement in traffic at Chipotle Mexican Grill, Inc. (NYSE: CMG) in June, BTIG’s Peter Saleh said in a report. He maintained a Neutral rating on the company, adding that July appears to be consistent with June. Although Chipotle’s new...

BTIG’s Karen Koski expressed concern regarding T2 Biosystems Inc (NASDAQ: TTOO), which reported another quarter of weak T2Dx placement, as well as cartridge manufacturing issues, extended timeline for the completion of the T2Bacteria trial and the mixed commentary at ASM. Koski downgraded the...

Media reports last week suggested that American Express Company (NYSE: AXP) plans to launch an online loan platform targeting small businesses, raising questions around the ability of Square Inc’s (NYSE: SQ) small business lending unit, BTIG’s Mark Palmer said in a report. He...

BTIG said Pandora Media Inc (NYSE: P) could play a key role to the goal of Liberty Media Group (NASDAQ: LMCA) combining Sirius XM Holdings Inc. (NASDAQ: SIRI) and Live Nation Entertainment, Inc. (NYSE: LYV). Internet radio Pandora has 80 million MAUs and 45 minutes of streaming per user daily, but...

EXACT Sciences Corporation (NASDAQ: EXAS) shares spiked 34 percent on Tuesday, following a JAMA [The Journal of the American Medical Association] article meant for release on June 21 being leaked. BTIG’s Sean Lavin maintained a Buy rating for the company, with a $9 price target. The analyst...

“Software M&A seems to be back in vogue as both strategic and financial buyers announced high-priced acquisitions,” BTIG’s Joel P. Fishbein said in a report. salesforce.com, inc. (NYSE: CRM) announced a $2.8 billion deal for Demandware Inc (NYSE: DWRE). Vista Equity...