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Cowen: Jack In The Box Brings The Heat With Tiny Tacos, Spices Up 2020 Guidance
Tuesday, February 11, 2020 - 3:16pm | 371Read More...First-hand checks at Jack in the Box Inc. (NASDAQ: JACK) stores suggest the recent launch of Tiny Tacos is a game-changer and puts the restaurant chain on track to achieve 2020 guidance, according to Cowen. The Analyst Andrew Charles upgraded Jack in the Box from Market Perform to Outperform with a...
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Chipotle's Q4 Has Some Bullish While Others Wanted More
Wednesday, February 5, 2020 - 12:51pm | 739Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) reported fourth-quarter results highlighted by an EPS and same-store sales beat, driven by the limited-time carne asada option. Chipotle CFO: 'Just Getting Started' Chipotle CFO Jack Hartung was a guest on CNBC's "Mad Money" and told...
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Twilio Has Multibillion-Dollar Potential, Cowen Says In Bullish Initiation
Friday, January 31, 2020 - 12:06pm | 295Read More...Twilio Inc (NYSE: TWLO) is in the process of transforming from being a software provider for voice and SMS services to a strategic vendor for customer engagement solutions, according to Cowen. The Twilio Analyst Derrick Wood initiated coverage of Twilio with an Outperform rating and $150 price...
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Micron, Western Digital Get Big Upgrades At Cowen, NAND Market In Focus
Tuesday, January 7, 2020 - 1:35pm | 408Read More...An earlier-than-expected improvement in NAND market fundamentals will likely benefit memory and storage technology companies Western Digital Corp (NASDAQ: WDC) and Micron Technology, Inc. (NASDAQ: MU), according to Cowen. The Analyst Karl Ackerman upgraded Micron from Market Perform to Outperform...
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Cowen Still Bearish On Tesla, Says Chinese And Dutch Help Isn't Enough
Monday, December 30, 2019 - 10:25am | 421Read More...Tesla Inc.'s (NASDAQ: TSLA) run-up since it announced profitability last quarter may not be repeatable, Cowen said Monday in a bearish note. The Analyst Cowen's Jeffrey Osborne kept an Underperform rating on Tesla, but raised the price target from $190 to $210. The Thesis...
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Wall Street Reacts To Nike's Last Quarter With Mark Parker At The Helm
Friday, December 20, 2019 - 1:56pm | 835Read More...Nike Inc (NYSE: NKE) shares are down on Friday after reporting its second-quarter earnings print, the last release of CEO Mark Parker’s tenure. He has served as CEO since 2006 and will be replaced by John Donahoe next month. Nike reported quarterly earnings of 70 cents per share, which beat...
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One Month After Disney+ Launch, These Analysts Still Love Netflix
Wednesday, December 18, 2019 - 12:51pm | 477Read More...It’s been a month since Walt Disney Co (NYSE: DIS) rolled out its answer to the Netflix Inc (NASDAQ: NFLX) distribution model. Early subscription trends don’t look too bad for the original streaming king. Accept No Substitutes A survey by Bank of America found that just 6.5% of Disney+...
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5G Stocks Are Heating Up Ahead Of Tariff Deadline
Wednesday, December 11, 2019 - 4:05pm | 656Read More...Suppliers of 5G technology are getting some love on Wall Street this week, with several experts saying any trade tariff-related weakness should serve as a long-term buying opportunity heading into 2020. Double Upgrade On Monday, Bank of America analyst Vivek Arya double-upgraded 5G Apple, Inc. (...
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Here's What Drive-Thrus Mean For Chipotle Investors
Monday, December 9, 2019 - 11:00am | 726Read More...The fast-food industry continues to evolve with one main objective: serving customers how they want to be served. Gone are the days when customers can only place an order at the counter with a human. Instead, customers are making it clear in growing numbers orders must be placed through a machine...
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Analyst: Lululemon's Luxury-Like Positioning Can Stretch Company To A $40B Market Cap
Tuesday, December 3, 2019 - 5:15pm | 459Read More...Amid all the retail woes apparel companies are seeing, the narrative simply doesn't apply to Lululemon Athletica Inc. (NASDAQ: LULU). The retailer's shares are up nearly 81% year to date. The LULU Analyst Cowen analyst John Kernan reiterates an Outperform rating on the stock and raised his...
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Cowen Upgrades Chipotle, Names It A 'Best Idea' For 2020
Tuesday, November 26, 2019 - 1:54pm | 415Read More...Casual fast-food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) has seen its stock nearly double over the past year but there is still room for more upside in 2020, according to Cowen. The Analyst Cowen analyst Andrew Charles upgraded Chipotle's stock from Market Perform to Outperform with a...
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Cowen: Profit Growth Will Be Tough For Foot Locker In 2020
Friday, November 22, 2019 - 7:31pm | 485Read More...Foot Locker, Inc. (NYSE: FL) reported a third quarter earnings beat on Friday, but a sales miss sent shares plunging. The Analyst and Rating Cowen analyst John Kernan reiterated a Market Perform rating but lowered his price target from $47 to $45. The Thesis The footwear retailer reported...
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Mixed Reactions To Tesla's Cybertruck: Is Futuristic Design A Sales Driver Or Just Weird?
Friday, November 22, 2019 - 12:45pm | 751Read More...If it's not polarizing, it's probably not coming from Elon Musk and Tesla Inc. (NASDAQ: TSLA). Tesla watchers once again can't agree, this time on Tesla's new "Cybertruck," unveiled to much fanfare on Thursday night. "Blade Runner Design Eye Popping," said one...
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AMD Option Traders Turn Bullish Following Second Analyst Target Hike
Monday, November 18, 2019 - 1:53pm | 709Read More...Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) are up more than 3% on Monday following yet another price target hike. Some large option traders are making some unusually large bullish bets that analysts are getting it right on AMD’s upside. The Trades On Monday, Benzinga Pro subscribers...
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Cowen: Bang's Popularity Continues To Weigh On Monster Energy's Market Share
Thursday, October 17, 2019 - 2:47pm | 314Read More...Monster Beverage Corp (NASDAQ: MNST) is seeing pressure from the viral popularity of its competitor, Bang. The Analyst Cowen analyst Vivien Azer downgraded the stock from Outperform to Market Perform and lowered her price target from $69 to $65. The Thesis Highly popular energy drink, Bang, is...















