Cowen Group, Inc. (NASDAQ:COWN)
CAPS Rating:
The company provides research, sales and trading, and investment banking services to companies and institutional investor clients primarily in the healthcare, technology, media and telecommunications, alternative energy, and consumer sectors.
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Recently downgraded by credit suisse this will have an impact on this new issue stock as people take profits in the next several months. After that shakeout, the real performance will begin to factor in.