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Raymond James: Macro Headwinds Ahead for Avnet
Friday, January 25, 2019 - 1:39pm | 362Avnet, Inc. (NASDAQ: AVT) reported second-quarter results Thursday that were in-line with expectations, but its Q3 guidance reflected softness in Asia revenue. Although the company's largest region is facing macro challenges, Avnet’s run rate EPS in the current quarter should be...
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Jabil's Valuation 'Intriguing,' Analyst Says Following Q1 Beat, Strong Guidance
Wednesday, December 19, 2018 - 11:16am | 360Shares of contract electronics manufacturer Jabil Inc (NYSE: JBL) are trending higher Wednesday in reaction to the company's fiscal-year first-quarter results Tuesday after the close. Jabil reported Q1 non-GAAP earnings per share of 90 cents compared to 80 cents a year-ago, ahead of the 88...
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Sell-Side Largely Neutral On Sonos After Q3 Print
Tuesday, September 11, 2018 - 11:20am | 730Sonos Inc. (NASDAQ: SONO) reported earnings for the first time since the company’s August IPO Monday, sending the stock down more than 16 percent in after-hours trading. The Analyst Morgan Stanley analyst Katy Huberty reiterated an Equal-weight rating and $20 price target. Jefferies...
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Analysts Tune In To Sonos As IPO Quiet Period Expires
Monday, August 27, 2018 - 10:08am | 619Analysts covering newly public Sonos, Inc. (NASDAQ: SONO) consider the company’s customer engagement, market opportunities and product launches as key catalysts for success. The Analysts Morgan Stanley analyst Katy Huberty initiated with a Equal-weight rating and $20 price target....
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ConveragOne's Profitability Profile Neutralized By Leverage, Vendor Concentration: Raymond James
Wednesday, April 11, 2018 - 2:41pm | 376ConvergeOne Holdings Inc (NASDAQ: CVON) has an attractive margin profile, but the disruption experienced by the market in which the company is operating forced Raymond James to the sidelines. The Analyst Analyst Adam Tindle initiated coverage of ConvergeOne with a Market Perform rating. The...
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Raymond James Upgrades Flex Two Notches To Strong Buy
Friday, January 29, 2016 - 11:46am | 270Raymond James on Friday issued a company note on Flextronics International Ltd. (NASDAQ: FLEX) after strong FQ3 results have made the company's shares appear undervalued. Analysts at Raymond James upgraded Flextronics to Strong Buy with a $12.50 price target. Analysts Brian Alexander...
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Raymond James Upgrades PC Connection Following 'Solid' Results
Friday, January 29, 2016 - 11:44am | 289Raymond James on Thursday issued a company note on PC Connection, Inc. (NASDAQ: PCCC) following strong 4Q15 results that included revenue and EPS that beat consensus estimates. Raymond James upgraded PC Connection from Underperform to Market Perform, although a price target is unavailable....