Breaks Categories: News

WednesdayFeb 26, 2020 1:01 pm

NetworkNewsBreaks – Enphase Energy, Inc. (NASDAQ: ENPH) Featured in ROTH Equity Research Report

Enphase Energy, Inc. (NASDAQ: ENPH) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “Heading into Q4 results, we had previewed potential for weakness in shares on potential coronavirus issues and channel inventory. It appears we may have misread the situation, and management has a path to likely sidestep the challenges assuming the situation in China remains stable and improves. All in, ENPH delivered an impressive Q4 and strong Q1 guide, and we continue to see upside to shares. Reiterate Buy and 2020 Top Pick, PT to $55 from $30.” To request…

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WednesdayFeb 26, 2020 12:52 pm

NetworkNewsBreaks – Shopify Inc. (NYSE: SHOP) Featured in ROTH Equity Research Report

Shopify Inc. (NYSE: SHOP) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “Incremental Merchant solution strength (Shopify Pay and other tools adoption) resulted in 4Q outperformance and a ~230bps re-acceleration in topline growth. Growth rates overall (revenue/metrics) continue to trend lower with additional slowdowns implied in the modestly better FY20 revenue guidance (~1,000bps slowdown at the top end), with incremental growth investments suppressing profits. While we believe SHOP has numerous growth drivers at its disposal, high cost and longer lead times likely don’t drive sustainable growth acceleration (despite healthy fundamentals). Maintain…

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WednesdayFeb 26, 2020 12:43 pm

NetworkNewsBreaks – Applied Genetic Technologies Corporation (NASDAQ: AGTC) Featured in ROTH Equity Research Report

Applied Genetic Technologies Corporation (NASDAQ: AGTC) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “This morning, AGTC announced that the final two dose-cohorts of its Phase 1/2 XLRP study are now fully-enrolled. AGTC enrolled a total of nine patients into the higher and highest dose-cohorts, and plans to present interim data in 2H20, along with 12-month data from Groups 1-4. The updated data should provide insights on the appropriate time-point for analysis, as well as the influence of higher doses on endpoints of interest ahead of the initiation of a pivotal…

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WednesdayFeb 26, 2020 12:34 pm

NetworkNewsBreaks – Allena Pharmaceuticals, Inc. (NASDAQ: ALNA) Featured in ROTH Equity Research Report

Allena Pharmaceuticals, Inc. (NASDAQ: ALNA) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “This morning, ALNA announced proposed changes to URIROX-2, including reduction of overall EH patients (200 vs. 400) and adding an interim analysis of 130 patients at six months treated expected 3Q21, with full readout for BLA filing in 1Q22. As discussed in our report below, we believe strong stat. sig. UOx reductions from URIROX-1 and KS rates reduce risk from decreasing the number patients studied. Importantly, we see streamlining as limiting any financial overhang (~1/3 the cost of…

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WednesdayFeb 26, 2020 12:22 pm

NetworkNewsBreaks – Evolus, Inc. (NASDAQ: EOLS) Featured in Mizuho Securities Research Report

Evolus, Inc. (NASDAQ: EOLS) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Evolus reported full 4Q19 results today that were solid but largely expected following the company's pre-announcement on Jan 9. We maintain our BUY rating on EOLS shares as we expect the company to continue to execute on the commercialization of Jeuveau in a highly attractive facial toxin market. However, we appreciate that investors remain concerned about the ongoing legal issues between their partner Daewoong and competitor Medytox over Jeuveau’s development and that will remain an overhang for the stock,…

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WednesdayFeb 26, 2020 11:43 am

NetworkNewsBreaks – Xencor, Inc. (NASDAQ: XNCR) Featured in Mizuho Securities Research Report

Xencor, Inc. (NASDAQ: XNCR) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “XNCR's 4Q19 EPS update was largely in line with our thesis as we see 2020 as a year of gaining visibility on the critical paths for wholly-owned T-cell engagers (TCEs), most notably plamotamab for B cell malignancies, which showed potential for advancement at ASH this past year. We see the next steps for plamotamab as locking down dose and schedule in 2020, and we expect incremental news from other pipeline candidates, which we see as valuation expansion opportunities. 4Q19…

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WednesdayFeb 26, 2020 11:15 am

NetworkNewsBreaks – Revance Therapeutics, Inc. (NASDAQ: RVNC) Featured in Mizuho Securities Research Report

Revance Therapeutics, Inc. (NASDAQ: RVNC) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Revance reported earnings yesterday. 4Q19 EPS of $(0.99) was slightly below FactSet consensus of $(0.95) which we believe it is immaterial for a developmental stage Biotech company. The PDUFA date for DAXI in glabellar lines is 11/25/2020, and important data catalysts are expected throughout 2020. We continue to see RVNC shares as attractive today given the overall growth opportunities in neuromodulators and facial fillers, as well as further upside from the company's therapeutics pipeline.” To request access to…

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WednesdayFeb 26, 2020 10:39 am

NetworkNewsBreaks – Applied Genetic Technologies Corp. (NASDAQ: AGTC) Secures $37.4M in Underwritten Public Offering

Applied Genetic Technologies (NASDAQ: AGTC), a biotechnology company conducting human clinical trials of adeno-associated virus (“AAV”)-based gene therapies for the treatment of rare diseases, has closed an underwritten public offering. According to the update, the offering consisted of 7,475,000 shares of its common stock, including an additional 975,000 shares pursuant to the full exercise of the over-allotment granted to the underwriters. Applied Genetic Technologies secured gross proceeds of approximately $37.4 million, with each of the shares sold at the public offering price of $5.00. ROTH Capital Partners acted as co-manager for the offering. To request access to the full report,…

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WednesdayFeb 26, 2020 10:17 am

NetworkNewsBreaks – Choom(TM) Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Announces Opening of Next Licensed Cannabis Retail Store in Calgary, Alberta

Choom(TM) (CSE: CHOO) (OTCQB: CHOOF), one of Canada's leading recreational cannabis retailers, on Tuesday announced the opening of its next licensed cannabis retail store in Calgary, AB. The store, opening in the bedroom community of Shawcliffe, is Choom’s first retail store to open in Calgary, as well as its 14th store in Alberta and 15th location in Canada. “We are very pleased to be opening our first location in the City of Calgary,” Choom CEO Corey Gillon said in the news release. “This new location is another example of the continued commitment to our growth strategy and the vision of…

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WednesdayFeb 26, 2020 9:49 am

NetworkNewsBreaks – Sigma Labs, Inc. (NASDAQ: SGLB) Awarded Contract by Leading Research Institution Mississippi State University Center for Advanced Vehicular Systems

Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D printing industry, today announced that it has been awarded a contract by the Mississippi State University Center for Advanced Vehicular Systems (“CAVS”), a world-class interdisciplinary research center that uses state-of-the-art technology to address engineering challenges facing U.S. mobility industries. Per the update, CAVS will install PrinteRite3D on a Renishaw AM400 machine, a new OEM platform for Sigma Labs, further proving the interoperability potential of PrintRite3D's platform to an increasingly large machine base. Under the agreement, in addition to any PrintRite3D(R) research or commercial applications, CAVS…

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