Cowen

President Donald Trump and his Mexican counterparts reached a preliminary trade agreement this week that bodes well for Kansas City Southern (NYSE: KSU) as nearly 50 percent of the U.S.-based rail company's business comes from the Mexican market, according to Cowen. The Analyst Cowen's...

Columbia Sportswear Company (NASDAQ: COLM) shares are up over 26 percent year-to-date, but the company's brand portfolio is underappreciated, according to Cowen.  The Analyst  Cowen analyst John Kernan upgraded Columbia Sportswear from Market Perform rating to Outperform and...

Networking company Extreme Networks, Inc. (NASDAQ: EXTR) has endured several recent setbacks, causing a plunge in shares this week. The Analyst Cowen analysts Paul Silverstein downgraded Extreme Networks to Market Perform and lowered the price target from $13 to $6.50. The Thesis Cowen analysts...

Applied Optoelectronics Inc (NASDAQ: AAOI) reported Tuesday with second-quarter results that included a notable beat on the earnings line from the data center business. Here's what two Street analysts are saying after the print. The Analysts Cowen's Paul Silverstein maintained an...

Applied Materials, Inc. (NASDAQ: AMAT) shares have taken a hit due to industry-specific issues, but Cowen is optimistic about the stock's future.  The Analyst Cowen analyst Krish Sankar upgraded Applied Materials from Market Outperform to Outperform and increased the price target from $...

With QUALCOMM, Inc. (NASDAQ: QCOM)'s deal to buy NXP Semiconductors NV (NASDAQ: NXPI) falling through and the former announcing a $30-billion buyback program, Cowen is revisiting its thesis. The Analyst Analyst Matthew Ramsay upgraded Qualcomm from Market Perform to Outperform and...

Tesla Inc (NASDAQ: TSLA)’s second act was far less dramatic than the first. With no name-calling, steady commentary and direct apologies from CEO Elon Musk, Cowen described the earnings call as “more humble [and] conciliatory” and “more civil” than the last one....

Payments platform Square, Inc. (NYSE: SQ) beat Wall Street estimates in its second-quarter earnings report Wednesday.  The Analysts Cowen analyst George Mihalos reiterated a Market Perform rating and increased the price target from $42 to $57. Stephens analyst Brett Huff reiterated...

The CBS Corporation (NYSE: CBS) board decided Monday to retain CEO Les Moonves while independent investigators probe sexual harassment claims. “This board is in a pickle,” Keach Hagey of the Wall Street Journal said on CNBC. “This board is in big trouble.” A Les-Focused CBS...

Advanced Micro Devices, Inc. (NASDAQ: AMD) crossed above $20 per share Monday for the first time in more than a decade, and one Wall Street analyst said there’s plenty more upside ahead. The Analyst Cowen analyst Matthew Ramsay reiterated an Outperform rating on AMD and raised the price...

Cowen gave four reasons for its newly bullish stance on Lockheed Martin Corporation (NYSE: LMT) Wednesday.  The Analyst Cowen's Cai von Rumohr upgraded Lockheed Martin from Market Perform to Outperform with an unchanged $370 price target. The Thesis The case for buying the maker...

The earnings season is in full swing, and against this backdrop, Cowen analyst Matthew Ramsay previewed the earnings of large-cap semiconductor companies Advanced Micro Devices, Inc. (NASDAQ: AMD), Intel Corporation (NASDAQ: INTC) and QUALCOMM, Inc. (NASDAQ: QCOM). Earnings Schedule AMD:...

Walgreens Boots Alliance Inc (NASDAQ: WBA), the newest member of the Dow Jones Industrial Average, is "poorly positioned" within the evolving retail pharmacy space, according to Cowen. The Analyst Charles Rhyee downgraded Walgreens Boots Alliance from Outperform to Market Perform with a...

Philip Morris International Inc. (NYSE: PM) reported second-quarter results Thursday that prompted Cowen drop its bullish stance on the cigarette maker.  The Analyst Cowen's Vivien Azer downgraded Philip Morris from Outperform to Market Perform with a price target lowered...

The bullish case for Restaurant Brands International Inc (NYSE: QSR), the parent company of multiple global restaurant brands including Tim Hortons, Burger King and Popeyes, can now be made, according to Cowen. The Analyst Cowen's Andrew Charles upgraded Restaurant Brands International...