-
BTIG Upgrades Green Dot; Sees Sale Unlocking Franchise Value
Tuesday, February 16, 2016 - 11:44am | 339Read More...Green Dot Corporation (NYSE: GDOT) shares have gained 5 percent since February 9. BTIG’s Mark Palmer upgrading the rating for the company from Neutral to Buy, while maintaining a price target of $23. A sale of Green Dot may unlock substantial franchise value and earnings power,...
-
Wall Street Tears Up First Data, But Analysts Confident In 2016 Outlook
Wednesday, February 10, 2016 - 2:43pm | 461Read More...The Street smashed First Data Corp (NYSE: FDC) on Wednesday after the payment processor released disappointing fourth-quarter results. The company posted fourth-quarter revenues of $2.96 billion, short of analyst's $2.98 billion figure. However, earnings beat expectations at $0.32 over...
-
FireEye Upgraded By BTIG, Firm Sees 'Clear Path' To Positive Free Cash Flow
Wednesday, February 10, 2016 - 10:44am | 351Read More...Amid volatility, FireEye Inc (NASDAQ: FEYE) shares have lost 32 percent since January 11. BTIG’s Joel P. Fishbein upgraded the rating for the company to Buy, with a price target of $15. The company is shifting its focus to greater stability and generating free cash flow, Fishbein...
-
BTIG Initiates Coverage Of Software Sector, Notes 'Early Innings Of Multi-Year Growth'
Friday, September 11, 2015 - 9:42am | 524Read More...Cloud computing is creating a "radical change" throughout technology, according to Joel Fishbein of BTIG. Fishbein added Enterprise software spending will outpace overall IT spending over the next five years Fishbein recommends buying a "handful" of tech companies,...
-
BTIG: 'Concerned' About Traditional Media Companies, Netflix Still Appealing
Monday, August 3, 2015 - 1:18pm | 397Read More...The advertising dollars flowing to Internet seems to be taking a major toll on traditional media companies whose mainstay is advertising revenue. BTIG analyst Rich Greenfield was on CNBC Monday to discuss how the decline in TV advertising and the emergence of new services like Netflix, Inc. (...
-
Everyone's Talking About ROLARR Heading Into Intuitive Surgical Earnings: Here's What It Means
Tuesday, July 21, 2015 - 1:31pm | 814Read More...Intuitive Surgical, Inc. (NASDAQ: ISRG) is scheduled to report its second quarter results after Tuesday's market close. Estimize is expecting the company to earn $4.05 per share (based on 38 estimates) on revenue of $570.82 million. This compares to the Wall Street consensus estimate...
-
BTIG Disagrees With David Einhorn, 'Netflix Is Consciously Trying To Spend In The Near-Term'
Tuesday, July 14, 2015 - 11:35am | 412Read More...Comcast Corporation (NASDAQ: CMCSA) announced on Monday that it will be launching its own streaming service, Stream. Rich Greenfield, BTIG media & technology analyst, was on CNBC to discuss how Comcast's entry into the streaming service will impact other players in the space....
-
BTIG: Amazon, Wal-Mart Competing Against Each Other To Lower Prices 'Helps Everybody'
Tuesday, July 14, 2015 - 9:29am | 340Read More...Wal-Mart Stores, Inc. (NYSE: WMT) announced on Monday that it will be launching a rival sale on Wednesday against Amazon.com, Inc. (NASDAQ: AMZN)'s Prime Day. Whereas Amazon's Prime Day will cater only to customers who have subscribed to Amazon Prime membership, Wal-Mart's sale will...
-
This Analyst Has The Highest Netflix PT, But Projects Earnings Well Below Street Consensus
Wednesday, June 24, 2015 - 3:52pm | 376Read More...After surging on back of the 7-for-one stock split, Netflix, Inc. (NASDAQ: NFLX) shares cooled down on Wednesday following Carl Icahn's tweets in which he revealed having sold his entire stake in the company. BTIG analyst Rich Greenfield, who has a $950 price target on the stock, was on...
-
Was The Move In SanDisk Shares On Thursday Overdone?
Friday, March 27, 2015 - 10:58am | 335Read More...SanDisk Corporation (NASDAQ: SNDK) lost more than 18 percent on Thursday on back of the company cutting its quarterly revenue forecast. On the same day, BTIG analyst Walter Piecyk downgraded the stock to Neutral and reduced his price target from $123 to $70. Piecyk was on CNBC recently to...
-
BTIG: The Fact That Apple Has Been Added Should Remind Us How Worthless The Index Is
Friday, March 6, 2015 - 3:52pm | 329Read More...Although shares of Apple Inc. (NASDAQ: AAPL) opened strong amid news of it being added to the Dow Jones Industrial Average on March 18, some see this move as too little, too late. Among them is Dan Greenhaus, chief strategist at BTIG. Greenhaus was on CNBC Friday to discuss why Apple's...
-
BTIG Analyst Richard Greenfield Explains Why He Thinks Zynga's CEO Don Mattrick Must Go
Tuesday, February 17, 2015 - 8:20am | 336Read More...Gaming company Zynga Inc (NASDAQ: ZNGA) reported disappointing fourth-quarter earnings on Thursday. Following the report, BTIG analyst Richard Greenfield wrote a blog post in which he criticized the management of the company and suggested that the company’s CEO, Don Mattrick, must go....
-
Richard Greenfield Says TV Stays The Same, Viewer Preference Changes: Netflix Reinvents The Game
Wednesday, January 21, 2015 - 4:35pm | 393Read More...Netflix, Inc. (NASDAQ: NFLX) came out with spectacular fourth-quarter results on Tuesday. Richard Greenfield, BTIG analyst, was on CNBC Wednesday to discuss what is making Netflix succeed. “There’s just a real challenge that media space has. The traditional media companies have been...
-
BTIG Reiterates On Herbalife, Says It's Confident Company 'Is Not A Pyramid Scheme'
Monday, January 19, 2015 - 7:39pm | 263Read More...BTIG reiterated its Buy rating on Herbalife Ltd. (NYSE: HLF) Friday ahead of its earnings release. The firm maintained a $55 price target. Analyst April Scee noted that consensus “hasn’t yet adjusted for the increase in Fx pressure since HLF guided on 11/03, but market is braced for...
-
UPDATE: BTIG Initiates Coverage On Alexion Pharmaceuticals
Tuesday, January 6, 2015 - 8:40am | 236Read More...BTIG initiated coverage on Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) Monday with a Buy rating and $250 price target. Analyst Hartaj Singh believed the “current valuation reflects a quality company but does not account for what we believe will be rapid top & bottom line estimate...
