Piper Jaffray
Piper Jaffray is a client-focused, middle market investment bank and institutional securities firm founded in 1895 and based in Minneapolis, Minnesota.
Its Investment Banking activities include raising capital through equity and debt financings for corporate clients; providing financial advisory services relating to mergers and acquisitions to consumer, financial institutions, health care, technology, alternative energy, business services, and industrial growth sectors; underwriting debt issuances for government and non-profit clients; and providing financial advisory and interest rate risk management services.
The company's equity and fixed income institutional sales and trading activities include equity and fixed income advisory and trade execution services for public and private corporations, public entities, non-profit clients, and institutional investors.
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Piper Jaffray Starts ServiceSource International (SREV) at Overweight
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Piper Jaffray Starts Rofin-Sinar Technologies (RSTI) at Overweight
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Ticonderoga Maintains a 'Neutral' on Piper Jaffray (PJC); ECM Improving - Helps Offset Continued Weakness in Muni Issuance
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Piper Jaffray Starts HSN, Inc. (HSNI) at Overweight
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Russia's Yandex (YNDX) Files $1B IPO
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Notable Analyst Rating Changes 04/29: (CL) (DISCA) (UIS) Upgraded; (RIMM) (OSK) (IM) Downgraded
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Piper Jaffray Downgrades Trimble Navigation (TRMB) to Neutral
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Piper Jaffray Downgrades Gen-Probe (GPRO) to Neutral
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Notable Mergers and Acquisitions of the Day 04/28: (EXC)/(CEG) (AET) (LOOP)/(CSGP) (VTAL)
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Piper Jaffray Downgrades Metabolix (MBLX) to Underweight
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Vital Images (VTAL) Acquired by Toshiba Medical Systems for $18.75/Share
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Piper Jaffray Downgrades Teradyne (TER) to Neutral
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Piper Jaffray Downgrades Praxair Inc. (PX) to Neutral
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Notable Analyst Rating Changes 04/26: (OXY) (NOK) (IR) Upgraded; (MGM) (BEXP) (TXN) Downgraded
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Piper Jaffray Starts Cornerstone OnDemand (CSOD) at Overweight
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Piper Jaffray Upgrades Johnson Controls (JCI) to Overweight
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UPS (UPS) volatility flat at 19 into Q1 results and international growth outlook
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Bluestem Brands (BSTM) Files $150M IPO
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Piper Jaffray Upgrades Biogen (BIIB) to Overweight, Raises Target to $129
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Piper Jaffray Starts Whole Foods (WFMI), The Fresh Market (TFM) at Overweight, United Natural (UNFI) at Neutral
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21Vianet (VNET) Increases IPO Size, Price Expectatons
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Morning Movers 04/20: (BARI) (DRL) (PII) (ALB) (VMW) Higher; (MEG) (PJC) Lower
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Ticonderoga Maintains a 'Neutral' on Piper Jaffray (PJC); Reports Miss - In-Line Revs Offset by Non-Comp
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Piper Jaffray Companies (PJC) Misses Q1 EPS by 14c
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Trading Radar for 04/20: Apple (AAPL), AT&T (T), Wells Fargo (WFC), Western Digital (WDC), Altria (MO) Report
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Piper Jaffray Upgrades Mattel (MAT) to Overweight, Raises Price Target to $33
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Envivo (ENVI) Files $69M IPO
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Piper Jaffray Lifts Target on Human Genome Sciences (HGSI) to $36, Maintains Overweight
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Ellie Mae (ELLI) IPO Trades Higher
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Ellie Mae (ELLI) IPO Prices at $6, In-Line With Reduced Range
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Ellie Mae (ELLI) Cuts IPO Price Outlook to $6/Share
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Apple (AAPL) Smart TV Coming by Year's End -Ticonderoga
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Notable Analyst Rating Changes 04/12: (LVLT) (EIX) (BIIB) Upgraded; (WMS) (AON) (CSX) Downgraded
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Global Market Group (GMC) Reduces IPO Size; Still Sees Price of $11 - $13/ADS
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Goldman Sachs Lowers Estimates and Price Target On Piper Jaffray (PJC)
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Piper Jaffray Starts AVI BioPharma (AVII) at Overweight, $3.50 Price Target
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KiOR (KIOR) Files $100M IPO
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NetQin Mobile (NQ) Sees IPO Price of $9.50 - $11.50/ADS
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Piper Jaffray Downgrades Chemspec (CPC) to Neutral, Cuts Target to $8.10
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Express (EXPR) Prices 20% Larger Secondary Offering at $19/Share
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21Vianet (VNET) Sees IPO Price of $10 - $12/ADS
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After-Hours Movers 04/05: (WTSLA) (URBN) Higher; (AMSC) (DLLR) (MIND) (KRC) Lower
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Ticonderoga Starts Piper Jaffray (PJC) at Neutral; Muni Risk Offset by Improving ECM Trends, Asset Mgmt
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Piper Jaffray Upgrades Urban Outfitters (URBN), Wet Seal (WTSLA), Zumiez (ZUMZ) to Overweight
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Netflix (NFLX) Hits New 52-Week High As Analyst Gets More Bullish
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21Vianet Group, In.c (VNET) Files $150M IPO
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AVI BioPharma (AVII) Annoucnes Common Stock Offering
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Apple (AAPL) Agrees to Higher Costs to iPad 2 Components Flowing
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Piper Jaffray Downgrades Sealy (ZZ) to Neutral
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Notable Mergers and Acquisitions of the Day 03/29: (GE) (CEPH) (IP) (CRY)/(CGCP)
