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UPDATE: ACI Research Upgrades Marvell Technology Group to Hold on Windows 8 Transition
Friday, October 19, 2012 - 1:58pm | 131ACI Research raised its rating on Marvell Technology Group (NASDAQ: MRVL) from Sell to Hold but lowered its price target from $12 to $10. ACI Research noted, "Throughout the year, we have been counseling clients to avoid Marvell and other PC-related companies ahead of the launch of Windows 8. …...
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Zabitsky's Bearish Apple Thesis Would See Apple Trading at $470 in Short-Term, Longer-Term $270
Friday, April 20, 2012 - 10:35am | 239Earlier on CNBC, equity analyst Ed Zabitsky of ACI Research appeared to give his investment thesis on Apple (NASDAQ: AAPL). Zabitsky's call is notable as he has one of the only bearish outlooks on the stock in the industry, and his price target ($270) is currently less than one half of Apple's...
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New iMacs Now Available…Or Are They? (AAPL)
Tuesday, May 3, 2011 - 1:54pm | 294On Apple's (NASDAQ: AAPL) website, the company boasts about the new iMac, which features “all quad core processors, up to 2x faster graphics, and high-speed Thunderbolt.” “Test-drive one today at your Apple Retail Store,” it says. But after checking with a few locations across the country, it...
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Three Reasons to Sell Apple
Tuesday, December 29, 2009 - 7:49pm | 116While Apple (NASDAQ: AAPL) has more bullish ratings than any stock on the Street, one analyst is decidedly bearish. Edward Zabitsky of ACI Research gave three reasons to sell Apple during Tuesday’s edition of Fast Money. •The iPhone is a bandwidth hog and is not profitable for carriers. •Rivals...