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Cowen Group, Inc. (COWN) [hlAlert]

Rating:
Outperform
COWN
up 48.96 %

Cowen Group, Inc. (COWN) upgraded to Outperform by Keefe Bruyette

Posted on: Monday,  Aug 5, 2013  8:25 AM ET by Keefe Bruyette

Keefe Bruyette rated Outperform Cowen Group, Inc. (NASDAQ: COWN) on 08/05/2013, when the stock price was $3.39. Since
then, Cowen Group, Inc. has gained 48.97% as of 01/15/2016's recent price of $5.05.
If you would have followed this Keefe Bruyette's recommendation on COWN, you would have gained 48.96% of your investment in 893 days.

Cowen Group, Inc. is an investment bank that provides research, sales and trading, and investment banking services to companies and institutional investor clients in the healthcare, technology, telecommunications, alternative energy, consumer and aerospace & defense sectors. As of December 31, 2008, its research and sales and trading services were provided to over 1,000 domestic and international clients seeking to trade equity, convertible and other equity-linked securities, in its target sectors. In November 2009, Ramius LLC and Cowen Group, Inc. completed a business combination, pursuant to which the new company retained the Cowen Group, Inc. name. Cowen Group, Inc. comprises two business units, Ramius, and Cowen and Company. The Ramius business unit will operate the combined company's alternative investment management business, and the Cowen and Company business unit will continue to run the Company's investment banking franchise, as well as its research and brokerage capabilities.

KBW produces industry-leading research on more financial services companies than any other brokerage firm. Our Research Group follows the majority of the financial services companies in the S&P 500 and Dow Jones STOXX 600 Index, as well as hundreds of other U.S. and European financial services companies on a daily basis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/5/2013 8:25 AM Buy
None
3.39
as of 12/13/2013
1 Week down  -3.25 %
1 Month down  -0.25 %
3 Months up  13.82 %
1 YTD up  14.15 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/27/2007 11:25 AM Hold
None
17.47 26.00

(*) Stock Price at the time of the recommendation.
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