Canaccord

A spate of biotech deals took place this week as Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) agreed to acquire Auspex Pharmaceuticals Inc (NASDAQ: ASPX), and ImmunoGen, Inc. (NASDAQ: IMGN) offered a far smaller sale of royalty rights on its Kadcyla breast cancer drug....

Pandora Media Inc (NYSE: P) may redeem itself in the eyes of investors with solid first-quarter results, an analyst said Monday. The Internet radio service closed at $16.39, up 0.43 percent, and has yet to fully recover from a 20 percent plunge in its stock price after missing fourth-quarter...

Ambarella Inc (NASDAQ: AMBA)'s deal to supply action camera components to Chinese manufacturer Xiaomi will result in higher than expected revenue, an analyst said Monday. Canaccord's Matt Ramsay raised his target on Ambarella more than 9 percent to $81 and reiterated a Buy rating on the...

Nike Inc (NYSE: NKE) could miss quarterly expectations on greater-than-expected pressure from foreign exchange woes, an analyst said Wednesday. The Beaverton, Oregon-based footwear and apparel maker is slated to post earnings Thursday and changed hands recently at $97.51, up $0.97. Citing a...

Canaccord reiterated its Buy rating on Foot Locker, Inc. (NYSE: FL) Tuesday and maintained a $70 price target following its analyst day. Analysts Camilo Lyon and Pallav Saini thought that the trends favoring casual athletic footwear and apparel would continue. The analysts believed "the...

Canaccord issued a report on Broadcom Corporation (NASDAQ: BRCM) on Thursday, downgrading the semiconductor company from Buy to Hold due to limited upside potential; the firm has a one-year price target of $47. Analysts Matthew Ramsay and Steven Lee wrote, "We maintain our belief Broadcom is well...

LinkedIn Corp (NYSE: LNKD) is a "fan favorite" among a certain set of investors that have driven its share price up to "challenging levels" an analyst said Thursday. The company is up more than 30 percent in the past year, and changed hands recently at $266.30, up $1.38....

Dicks Sporting Goods Inc (NYSE: DKS) faces pressure from winter weather and a West Coast port slowdown, but troubles from its golf and hunting segments are abating, analysts said Wednesday. The Pittsburgh-based retailer was little changed Wednesday, closing at $55.98, after beating fourth-...

Whole Foods Market, Inc.'s (NASDAQ: WFM) scale should enable it to prosper in an increasingly competitive market while higher spending will result in continued earnings growth, an analyst said Tuesday. The Austin, Texas-based retailer has gained about 4 percent since it posted earnings last...

Rio Tinto plc's (NYSE: RIO) healthy profit margin should continue in 2015 as the rapid decline in commodity prices moderates, an analyst said Tuesday. The mining company, which unveiled a $2 billion buyback earlier this month, closed up nearly 2 percent at $49.42 a share. Canaccord's...

Monday saw many biotech firms surging, among them was Valeant Pharmaceuticals Intl Inc (NYSE: VRX) after acquiring Salix Pharmaceuticals Ltd. (NYSE: SLXP). In Tuesday morning summaries, many firms lauded Valeant's earnings report. Of the  different reasons for the increased price...