Cowen

Wingstop Inc (NASDAQ: WING) reported third-quarter results that prompted one analyst to remain a bull while another is sticking to the sidelines. Cowen: 'Can Go The Distance' Wingstop's same-store sales in the third quarter were higher by 25.4% although this wasn't a surprise...

Chipotle Mexican Grill, Inc. (NYSE: CMG) reported third-quarter results highlighted by a strong 14.1% sales growth but soaring demand for delivery is impacting profits. Chipotle reported quarterly earnings of $3.76 per share, which beat the analyst consensus estimate of $3.40 by 10.6%. The...

Coffee chain Starbucks Corporation (NASDAQ: SBUX) is showing signs of a "durable" recovery, according to Cowen.  The Starbucks Analyst: Andrew Charles upgraded Starbucks from Market Perform to Outperform with a price target lifted from $77 to $99. The Starbucks Takeaways: Starbucks...

The sell-off in Nikola Corporation (NASDAQ: NKLA) since the Hindenburg Research report accusing the company of being an “intricate fraud built on dozens of lies” took a breather on Friday. Investors must now decide if the fraud allegations and the departure of chairman Trevor...

Adobe Inc (NASDAQ: ADBE) has catalysts to support sustainable growth and earnings power in the long term, according to Cowen. The Adobe Analyst: Derrick Wood upgraded Adobe from Market Perform to Outperform and raised the price target from $400 to $555. The Adobe Takeaways: A rebound has...

The bullish case for Domino's Pizza, Inc. (NYSE: DPZ) is based on expectations for the pizza chain to show strong earnings growth over the coming years — and the near-term Street estimates are too pessimistic, according to Cowen. The Domino's Pizza Analyst: Andrew Charles upgraded...

Marvell Technology Group Ltd’s (NASDAQ: MRVL) long-term chip partnerships in 5G infrastructure are wider in scope than previously anticipated, according to Cowen. The Marvell Technology Analyst: Karl Ackerman upgraded Marvell Technology from Underperform to Market Perform and raised the...

Apple, Inc. (NASDAQ: AAPL) hit a major market milestone this week when it became the first company to reach a $2 trillion market cap. Apple certainly has a massive opportunity ahead with the launch of its first 5G iPhones, but some investors are skeptical about how much growth potential remains for...

The recent surge of COVID-19 cases has put reopening targets on hold for many U.S. companies, such as Walt Disney Co (NYSE: DIS). On Thursday, one Disney analyst ran out of patience. The Disney Analyst: Cowen analyst Doug Creutz downgraded Disney from Outperform to Market Perform and cut his...

The shift to the work-from-home model amid the pandemic has given a boost to Slack Technologies Inc’s (NYSE: WORK) value proposition and market opportunity, according to Cowen. The Slack Analyst Cowen’s Derrick Wood initiated coverage of Slack with an Outperform...

Walmart Inc (NYSE: WMT) shares are ticking higher after falling Tuesday following the retail giant's better-than-expected earnings numbers amid the COVID-19 crisis. Walmart reported 74% online sales growth and 10% same-store sales growth in the first quarter. Walmart also reported EPS of $1.18 on...

Data analytics company Splunk Inc (NASDAQ: SPLK) reported a disappointing fourth-quarter bottom-line result Wednesday and issued a weak revenue forecast for the first quarter and fiscal year 2021, sending shares lower. The Splunk Analysts Wells Fargo analyst Philip Winslow reiterated an...

Salesforce.com, inc. (NYSE: CRM) shares were falling Wednesday a day after the announcement that its co-CEO will step down, even as several sell-side analysts reiterated confidence and raised target prices on the stock. Salesforce on Tuesday reported what several analysts called a strong quarter,...

Domino's Pizza, Inc. (NYSE: DPZ) investors benefited from a "robust" reaction after a strong fourth quarter earnings beat but the move now skews the risk to reward profile unfavorably, according to Cowen. The Domino's Pizza Analyst Andrew Charles downgraded Domino's Pizza from...

With Tesla Inc (NASDAQ: TSLA) stock “on another planet," Cowen Equity Research said the company is now entering an execution phase that hasn’t historically been its strength. The Tesla Analyst Cowen’s Jeffrey Osborne maintained an Underperform rating on Tesla, and raised the...