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Rogers Communications Surges Amid Canaccord Upgrade
Monday, October 20, 2014 - 12:07pm | 199Read More...Canaccord upgraded Rogers Communications Inc. (USA) (NYSE: RCI) to Buy with a C$46.00 price target in a report issued Sunday. Analysts Dvai Ghose and Sanford Lee observed that "RCI shares have underperformed YTD due to operational issues and wireless regulatory risk. While we do not...
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Advanced Micro Devices Analyst Roundup
Friday, October 17, 2014 - 4:24pm | 341Read More...Advanced Micro Devices, Inc. (NYSE: AMD) disappointed investors Thursday with its 3Q results and news that it will cut its workforce by 7 percent. Here is what analysts thought after the announcement. Pacific Crest - Sector Perform, No Price Target "Given the significant reset of...
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Analysts Trim Outlook For Urban Outfitters
Friday, October 17, 2014 - 2:56pm | 402Read More...Urban Outfitters, Inc. (NASDAQ: URBN) made its second apology in a month Thursday, this time for falling same-store sales it said will hurt profits in the current quarter. Urban Outfitters fell more than 15 percent Friday to $29.15 per share. The Philadelphia-based company last month issued a...
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Analysts Trim Google Targets On Slowing Growth
Friday, October 17, 2014 - 12:59pm | 334Read More...Google Inc (NASDAQ: GOOGL) shares continued to fall Friday as Wall Street trimmed earnings forecasts in the wake of the company's third-quarter earnings miss. After the bell Thursday the company told investors that its third-quarter "paid clicks" growth slowed to 15 percent from...
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Canaccord Lowers Rating, Price Target On Advanced Micro Devices
Friday, October 17, 2014 - 12:37pm | 204Read More...Canaccord lowered its rating from Buy to Hold and reduced its price target from $4.50 to $2.75 on Advanced Micro Devices, Inc. (NYSE: AMD) in a report issued Thursday. The rating change came after Advanced Micro missed quarterly earnings expectations and released news that it will cut 7 percent...
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UPDATE: Canaccord Initiates Coverage On Zulily
Friday, October 17, 2014 - 12:25pm | 191Read More...Canaccord initiated a Buy rating and $45 price target on Zulily Inc (NASDAQ: ZU) in a report issued Friday. Analysts led by Michael Graham believed that "zulily is early with its unique value proposition to the affluent but value-conscious mom. [The company] has turned shopping...
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Analysts Believe Netflix Is Victim Of High Expectations
Thursday, October 16, 2014 - 4:24pm | 362Read More...Netflix Inc. (NASDAQ: NFLX) shares crashed Thursday on disappointing third-quarter subscriber growth and news that Time Warner Inc.'s (NYSE: TWX) HBO Go unit will compete in the streaming movie sector. "It's an eye-popping reaction to a modest miss" in subscriber growth, FBR's Barton Crockett said...
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Deutsche Bank: eBay Could Attract Buyers, Activists
Thursday, October 16, 2014 - 2:03pm | 445Read More...EBay Inc (NASDAQ: EBAY) and its PayPal unit each face rising headwinds and might attract buyout artists and activist shareholders, an analyst said Thursday. But "worse is better" in the view of Deutsche Bank's Ross Sandler, who said once the PayPal spin off is completed in the...
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UPDATE: Canaccord Initiates Coverage Of Materialise NV
Tuesday, October 7, 2014 - 3:47pm | 175Read More...Canaccord initiated coverage on Materialise NV (NASDAQ: MTLS) in a report issued Tuesday with a Buy rating and $15 price target. Analysts Bobby Burleson and Prabhakar Gowrisankaran believe the company "is well positioned to deliver strong organic growth of at least 20-25 percent over the...
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Francesca's Holdings Corp Falls After Canaccord Downgrade
Thursday, October 2, 2014 - 2:48pm | 160Read More...Francesca's Holdings Corp (NASDAQ: FRAN) was downgraded Thursday by Canaccord Genuity, with the price target lowered from from $17 to $14. Analysts Laura Champine and Jason Smith found it "difficult to envision Francesca’s regaining momentum amid the current challenging...
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Canaccord Maintains A 'Cautious' Hold On Coach Inc
Wednesday, September 17, 2014 - 11:23am | 111Read More...In a note dated September 15, Canaccord analyst Laura Champine maintained a "cautious" Hold rating on Coach Inc (NYSE: COH), citing a best in class dividend yield and appeal to private equity. Champine noted the $27 price target suggested by her DCF model represents "notable...
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UPDATE: Canaccord Initiates On DISH Network Corp, Notes Spectrum Value 'Priced In'
Wednesday, September 10, 2014 - 1:32pm | 312Read More...DISH Network Corp's (NASDAQ: DISH) pay-TV market is mature to the point of over-ripeness and the company's valuable but unused wireless spectrum is priced into the company's shares, an analyst said Wednesday. Canaccord's Greg Miller launched coverage of the direct broadcaster...
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UPDATE: Canaccord Initiates Coverage On Netflix, Inc. On Revenue Outlook
Wednesday, September 10, 2014 - 12:25pm | 189Read More...Netflix, Inc. (NASDAQ: NFLX) accounts for more than half of the overall Internet traffic during prime time, suggesting a critical mass increasingly valued by consumers, an analyst said Wednesday. Canaccord's Greg Miller launched coverage of the company with a Buy rating and $550 target,...
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Canaccord Initiates Coverage On Cable & Broadcast Companies
Wednesday, September 10, 2014 - 11:37am | 251Read More...Analysts at Canaccord initiated coverage on several cable and broadcast companies Wednesday. Greg Miller believes that the negative reports on the dying cable and pay-TV are heavily exaggerated and feels that “cable operators are in better strategic condition than most are willing to...
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Analysts See Q3 Margin Pressure At The Gap Inc.
Friday, September 5, 2014 - 3:47pm | 235Read More...The Gap Inc. (NYSE: GPS) is likely to face margin pressure in the current quarter as it moves to clear excess inventory, a couple of analysts said Friday. Gap shares fell more than four percent Friday after the company posted a two percent decline for August same-store sales, versus...

