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The Selloff In Hanesbrands Shares Is 'Overdone'; D.A. Davidson Upgrades To Buy
Monday, December 12, 2016 - 10:37am | 332Read More...Following the 21 percent year-to-date decline in Hanesbrands Inc. (NYSE: HBI) shares as compared to the 7 percent rise in the S&P 500, D.A. Davidson’s Andrew Burns believes the weakness has created a compelling entry point into the stock. Burns upgraded the rating on the company from...
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U.S. Silica Downgrade: 'It's Hard To Think Of A Better Short'
Monday, December 12, 2016 - 9:59am | 306Read More...Shares of U.S. Silica Holdings Inc (NYSE: SLCA) have surged nearly 200 percent year-to-date and are trading at a substantial premium to other more traditional sub-sector stocks. “We believe the trade has more than run its course,” D.A. Davidson’s Sonny Randhawa said in a report....
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A Healthy Environment For Titleist Portfolio
Friday, December 9, 2016 - 11:58am | 331Read More...Acushnet Holdings Corp (NYSE: GOLF) reported its Q3 results at the high end of the preliminary guidance range. D.A. Davidson’s Andrew Burns reiterated a Buy rating on the company, with a price target of $23. Q3 Results Acushnet Holdings reported its Q3 revenue at $332.4 million, with adjusted...
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Recent Decline In Gigamon Shares Leads D.A. Davidson To Upgrade
Friday, December 9, 2016 - 11:07am | 319Read More...Shares of Gigamon Inc (NYSE: GIMO) have declined by over 11 percent since October. Investors may have responded to management commentary on the partnership with AWS not generating revenue Gigamon until at least 2018, D.A. Davidson’s Mark Kelleher said in a report. Analyst Kelleher upgraded...
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D.A. Davidson Raises Target On Lululemon Following 'Solid' Q3 Report; Maintains Neutral
Friday, December 9, 2016 - 10:02am | 278Read More...Lululemon Athletica inc. (NASDAQ: LULU) reported robust Q3 results, with the revenue coming in at the high end of the guidance range and the EPS beating the guidance. D.A. Davidson’s Andrew Burns reiterated a Neutral rating on the company, while raising the price target from $63 to $75. Q3...
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Valuation Details Of KKR's Optiv Acquisition A Good Sign For FireEye
Thursday, December 8, 2016 - 10:19am | 328Read More...Private equity firm KKR announced it has entered into an agreement to acquire Optiv Security Inc., although the financial details of the transaction have yet to be disclosed. In light of the news, D.A. Davidson’s Jack Andrews reiterated a Buy rating on FireEye Inc (NASDAQ: FEYE), with a price...
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Sell-Side Sentiment Leading Into Lululemon's Earnings
Wednesday, December 7, 2016 - 3:21pm | 234Read More...Lululemon Athletica inc. (NASDAQ: LULU) is set to report Q3 results after the market close Wednesday. While long-term sell-side sentiment for the athletic apparel company varies, the Street is mostly cautious for the long term leading into the short-term catalysts: Cowen analyst Oliver Chen (...
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FireEye's New Helix Platform Is Encouraging
Tuesday, December 6, 2016 - 11:07am | 326Read More...D.A. Davidson maintains its Buy rating on FireEye Inc (NASDAQ: FEYE), saying the company’s new Helix platform is encouraging, as it brings about 30 separate FireEye products together under a single user interface. Helix “We believe Helix positions FEYE well regarding the key theme in...
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Negative Headlines Impacting Sanderson Farms Create Buying Opportunity
Monday, December 5, 2016 - 10:30am | 385Read More...D.A. Davidson’s Eric M. Gottlieb believes Sanderson Farms, Inc. (NASDAQ: SAFM)'s price fixing accusations and Georgia Dock issues appear to be worse than they actually are. Gottlieb upgraded the rating on the stock to Buy, while lowering the price target from $103 to $98. Negative Headlines...
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DA Davidson Upgrades Super Micro Computer Despite Tough Comps
Wednesday, November 30, 2016 - 10:19am | 335Read More...D.A. Davidson upgraded Super Micro Computer, Inc. (NASDAQ: SMCI) to Buy from Neutral on margin benefits from success of server sales outside the Internet Data Center vertical, while the company is set to deliver a seasonally strong quarter in December. The bullish thesis is also based on growth...
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Expect A Strong Q3 Report Out Of Splunk
Wednesday, November 23, 2016 - 11:48am | 362Read More...Jack Andrews of D.A. Davidson expects above-consensus numbers from Splunk Inc (NASDAQ: SPLK) when it reports its third-quarter results on November 29. Expectations Andrews projects non-GAAP EPS of $0.09, above consensus at $0.08. The analyst sees third quarter revenue to grow 34.5 percent year-over...
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Workday May Issue Conservative Outlook
Wednesday, November 23, 2016 - 9:36am | 321Read More...Workday Inc (NYSE: WDAY) is scheduled to report if FYQ3 2017 on December 1 after market close. D.A. Davidson’s Jack Andrews maintains a Buy rating on the company, with a price target of $107. Q3 Expectations Andrews expects the company to have grown its revenue 31.9 percent year-on-...
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All The Sell-Side Sentiment Following Acushnet's Titleist IPO
Tuesday, November 22, 2016 - 4:28pm | 364Read More...Following the conclusion of Acushnet Holdings Corp (NYSE: GOLF)'s recent IPO’s quiet period, sell-side analyst coverage has poured in on the golf manufacturer. Titleist parent company Acushnet has been seen as the gold standard in the golf industry for decades, possessing some of the most...
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Here's The Sell-Side Reaction To Palo Alto's Disappointing Q1 Earnings
Tuesday, November 22, 2016 - 3:06pm | 611Read More...Wall Street was caught unaware by Palo Alto Networks Inc (NYSE: PANW), which reported mixed quarterly results for the first quarter and issued lackluster guidance for the second quarter. These are reactions of some sell-side analysts to the disappointing results, which have subsequently sent the...
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Titleist Holds An Industry-Leading Share Of The Golf Market
Tuesday, November 22, 2016 - 9:35am | 360Read More...D.A. Davidson’s Andrew Burns believes Acushnet Holdings Corp (NYSE: GOLF) ("Titleist")* is well positioned to sustain solid free cash flow and a profitable growth trajectory. Burns initiated coverage of the company with a Buy rating and price target of $23. Well Positioned “Product...














