Cowen

Boston Beer Company Inc (NYSE: SAM) shares were moving higher Thursday after the company received an analyst upgrade on the strength of its red-hot hard seltzer, Truly. The Analyst Cowen analyst Vivien Azer upgraded Boston Beer Co. from Market Perform to Outperform and raised the price...

Activision Blizzard, Inc. (NASDAQ: ATVI) acknowledged Friday that it acted too quickly and harshly in sanctioning an esports competitor who used a livestreamed post-match interview to express solidarity with Hong Kong protesters, but defended the need to regulate player behavior. Blizzard said the...

NBA games during the upcoming season could be further restricted in China, but Cowen said it's is skeptical it will materially affect Nike Inc (NYSE: NKE)'s most profitable region. The Analyst  John Kernan reiterated an Outperform rating on Nike with a $105 price target...

Cowen raised its price target for Lululemon Athletica inc. (NASDAQ: LULU) after meeting with the athletic apparel maker's management team this week.  The Analyst John Kernan maintained an Outperform rating on Lululemon and raised the price target from $214 to $235. The Thesis...

Airline stocks were trading mixed Wednesday morning after a handful of industry giants provided financial updates as part of presentations at the Cowen and Company 12th Annual Global Transportation Conference. United Reaffirms Q3 And Full-Year United Airlines Holdings Inc (NASDAQ: UAL) updated...

PVH Corp (NYSE: PVH) shares are moving higher after the apparel company reported a second-quarter earnings beat Wednesday. One analyst cut their price target significantly on the stock after the quarterly print.  The Analyst  Cowen’s John Kernan maintained a Market...

The regulatory framework for Bitcoin and other digital assets continues to evolve globally, albeit slowly. The U.K. financial services regulator, the Financial Conduct Authority, finalized its guidance on crypto assets in July, clarifying which tokens fall under its jurisdiction. The...

Few companies in the world can succeed in making up their own holiday to jolt sales. One of those companies is Amazon.com, Inc. (NASDAQ: AMZN) whose annual "Prime Day" sale kickstarts Monday. With the stock trading close to a $1-trillion valuation, the company may feel some pressure from...

The rise of sneaker and luxury resale platforms in recent years has many consumers looking at shoes as investments as much as fashion or footwear. The commoditization of sneakers has given rise to several resale platforms that are raising capital. Two of them, Detroit-based StockX and China-based...

After hosting meetings with TJX Companies Inc (NYSE:TJX) CFO Scott Goldenberg, Cowen said it's confident in the company’s earnings growth potential despite the sector’s low sentiment. The Analyst  John Kernan reiterated an Outperform rating on TJX with a $63 price...

Although the trade war still looms, with footwear and apparel companies expected to be particularly affected, one analyst says to buy on the pullback of Ralph Lauren Corp (NYSE: RL). The Analyst Cowen analyst John Kernan reiterates an Outperform rating with a $145 price target. The Thesis Ralph...

The hype around sneakers is at an all-time high. The industry has been buzzing for years, evidenced by the rise of sneaker resale platforms, two of which, StockX and Poison, just hit unicorn status; the entrance of luxury brands; and growing interest in sneakers within womens fashion....

Callaway Golf Co (NYSE: ELY) shares are trading down despite the golf club maker's Thursday earnings beat. Here's how two analysts reacted to the print.  Cowen  Callaway management was able to raise its outlook within the core golf business, but weakness in the newly...

Yeti Holdings Inc (NYSE: YETI) continues to be one of the hottest stocks of 2019, with shares nearly doubling year-to-date. The Austin, Texas-based company's momentum is continuing after reporting a big first-quarter earnings beat Thursday. Here's how the sell-side reacted.  KeyBanc...

Under Armour Inc (NASDAQ: UAA) is confident in the trajectory of its turnaround strategy, according to Cowen.   Shares of the Baltimore-based apparel brand are moving higher after it reported a much-needed first-quarter sales beat Thursday and raised its 2019 guidance. The Analyst...