btig

On its 1Q call, Relypsa Inc (NASDAQ: RLYP) highlighted the challenges it had been facing in gaining patient access for its hyperkalemia treatment, Veltassa. BTIG’s Timothy Chiang maintains a Buy rating on the company, while lowering the price target from $45 to $35. Estimates Lowered Chiang...

Shares of Apple Inc. (NASDAQ: AAPL) are on track to close Tuesday's trading session in positive territory which will mark the end to an eight-day losing streak. Speaking as a guest on "Bloomberg <GO>," Walter Piecyk of BTIG pointed out that Apple's stock was "weak...

On Deck Capital Inc (NYSE: ONDK) reported its 1Q16 results on May 2, with the earnings missing expectations driven by gross revenue that came in below the low end of the guidance range. BTIG’s Mark Palmer downgraded the rating on the company from Buy to Neutral, following the earnings miss....

Seagate Technology PLC (NASDAQ: STX) shares plummeted after the data storage firm's quarterly earnings missed Street view. But, BTIG's Edward Parker says the stock has "hit a floor." "The next 6-9 months put the stock deep into show-me territory, but our thesis of...

Domino's Pizza, Inc. (NYSE: DPZ) reported its 1Q16 results with the EPS below expectations. BTIG’s Peter Saleh maintained a Buy rating on the company, while lowering the price target from $146 to $141. Labor Inflation Although Domino’s Pizza continued to witness robust sales...

Comcast Corporation (NASDAQ: CMCSA) has agreed to purchase Dreamworks Animation Skg Inc (NASDAQ: DWA) for $3.8 billion. BTIG’s Richard Greenfield termed the purchase a “mistake.” While $3 billion in cash is relatively meaningless for Comcast, it reflects the company’s...

The market seems unenthused with Apple Inc. (NASDAQ: AAPL)'s quarterly results, as the stock is down more than 6 percent, but what do analysts have to say about the print? With sales guidance coming in below consensus expectations ($41-53 billion vs. $47 billion), gross margin outlook short...

BTIG has downgraded Chipotle Mexican Grill, Inc. (NYSE: CMG) to Neutral from Buy on slower sales recovery, bumping the shares' fall down 4.92 percent in the pre-market hours. The burrito chain reported a first-quarter loss of $0.88 a share, better than BTIG's estimate of a loss of $1.12 a share and...

BTIG started Western Digital Corp (NASDAQ: WDC) with a Buy rating and $55 price target following its acquisition of SanDisk Corporation (NASDAQ: SNDK). Implications Of The Acquisition From the acquisition of SanDisk, Western Digital could offset the negative impact of flash chips on its hard drives...