Piper Jaffray

Cannabis stocks got a boost on Tuesday after a major Wall Street firm initiated bullish coverage of Cronos Group Inc (NASDAQ: CRON). The Analyst Piper Jaffray analyst Michael Lavery initiated coverage of Cronos with an Overweight rating and $18 price target. The Thesis Lavery said Cronos is well...

Kraft Heinz Co (NASDAQ: KHC) traded to its lowest levels ever on Thursday and two market pros are in no hurry to buy the stock. Market Technician's Take Kraft Heinz's stock chart since August 2016 shows a pattern of establishing a "series of lower lows and lower highs," Piper...

Apple Inc (NASDAQ: AAPL) impressed analysts with revenue from iPhone sales and a return to growth in China, although both figures came in lower than last year. Apple reported total revenues of $53.8 billion, beating Wall Street's $53.3 billion estimate. Earnings per share of $2.18 beat the...

The list of high-profile executive departures from Tesla Inc (NASDAQ: TSLA) grew even larger with perhaps the most notable name to date: co-founder and Chief Technology Officer J.B. Straubel. What Happened Straubel was part of Tesla's founding team, and as CTO he oversaw new...

Visa Inc (NYSE: V) reported fiscal third-quarter results that came in better than expected while multiple underlying performance metrics accelerated. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts KeyBanc Capital Markets' Josh Beck maintains...

Chipotle Mexican Grill, Inc. (NYSE: CMG) reported better-than-expected second-quarter results highlighted by strong growth in digital sales. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts BMO Capital Markets' Andrew Strelzik maintains an...

Netflix can chill. There are lots of new competitors coming, but a survey of Netflix, Inc. (NASDAQ: NFLX) subscribers shows most plan to stick with the service, leading Piper Jaffray to reiterate its bullish stance on the streaming pioneer’s stock. The Analyst Michael Olson reiterated an...

3D Systems Corporation (NYSE: DDD) fell far short of Street forecasts in the first quarter. Loss per share of 9 cents missed estimates for a 1-cent loss, and sales of $151.98 million underperformed $164.69 million expectations. What Went Wrong The stalls were partly due to a technical problem in...

GW Pharmaceuticals PLC-ADR (NASDAQ: GWPH) opened higher by 8 percent Tuesday after posting positive results from its Phase 3 Epidiolex trial and second-quarter earnings beats. Here’s what analysts are saying. Epidiolex Sales GW Pharma closed out its first full quarter of Epidiolex sales...

Food company Kraft Heinz (NASDAQ: KHC),has struggled to sell the Maxwell House coffee brand since putting it up for sale in February for about $2.5 billion, the New York Post reported Thursday.  What Happened Potential buyers met with Kraft Heinz in April to look at the books, but no...

Corporate profit expectations for the first quarter are muted, with most analysts bracing for S&P 500 profits to decline for the first time since the second quarter of 2016. Semiconductor and semiconductor equipment makers could see their profit drop 23 percent year-over-year, according to...

Multiple sell-side analysts issued buy recommendations on LYFT Inc (NASDAQ: LYFT) Tuesday with the expiration of a waiting period for banks that worked on Lyft's IPO to offer advice on the stock. Lyft is down nearly 20 percent from its opening price of $72 in late March, so buy...

Footwear maker Crocs, Inc. (NASDAQ: CROX) has seen its stock rise more than $10 per share from around the $15 level last year and now has a balanced risk-reward profile, according to Piper Jaffray. The Analyst Erinn Murphy downgraded Crocs from Overweight to Neutral with an unchanged $31...

Research firm Piper Jaffray's semiannual "Taking Stock With Teens" survey found the average teenager thinks they spend on average of $2,600 a year on products and services. What Happened Piper Jaffray's survey of 8,000 teens across 47 states with an average age of 16 found...