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Dell Analysts Didn't Envision 'This Much Upside Potential' After Beat-And-Raise Q2
Friday, September 1, 2023 - 12:36pm | 521Shares of Dell Technologies Inc (NYSE: DELL) spiked in early trading on Friday, after the company reported its fiscal second-quarter (Q2) results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Raymond James analyst Simon Leopold...
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Why Apple Shares Are Trading Higher Tuesday
Tuesday, March 16, 2021 - 11:17am | 365Apple Inc. (NASDAQ: AAPL) shares, which have had a not-so-strong run thus far this year, are beginning to pick up some momentum. What Happened: Apple is getting a lift from Evercore ISI analyst Amit Daryanani. The analyst raised the price target on Apple shares from $163 to $175, with the...
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Apple Likely To Beat Street Estimates For Services Revenue In March Quarter: Analyst
Wednesday, March 3, 2021 - 2:33am | 425Apple Inc. (NASDAQ: AAPL) is increasingly likely to beat analyst consensus for services revenue in the March quarter, thanks to strong growth in App Store developer revenue, according to Evercore ISI analyst Amit Daryanani. What Happened: In a research note on Tuesday, Daryanani noted that...
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Apple Q1 Earnings Preview: Investors Brace For Update On Turbulent Quarter Marred By iPhone Weakness
Monday, January 28, 2019 - 1:14pm | 1073Apple Inc. (NASDAQ: AAPL) is going through a tough phase given the issues surrounding its flagship product, the iPhone. From an intraday high of $233.47 hit Oct. 2, Apple stock ended the calendar fourth quarter at $157.74, a drop of about 33 percent. Given the muted offtake of its latest...
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Analysts See Western Digital Nearing A Bottom After Disappointing Q2 Results, Guidance
Friday, January 25, 2019 - 11:24am | 708Storage device manufacturer Western Digital Corp (NASDAQ: WDC) reported Thursday after the market close with second-quarter results that trailed expectations and issued below-consensus Q3 guidance. The Analysts Baird analyst Tristan Gerra maintained an Outperform rating on Western Digital...
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Intel Analysts Debate: Should Investors Buy The Dip?
Friday, January 25, 2019 - 10:20am | 892Intel Corporation (NASDAQ: INTC) reported mixed fourth-quarter results, which fell short of expectations on the revenue line while management's first-quarter revenue guidance also fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print....
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Apple Bull Weighs Impact Of Taiwan Semiconductor Guidance Cut, Battery Replacement
Friday, January 18, 2019 - 11:50am | 489Semiconductor foundry Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) recently warned of a revenue shortfall for its March quarter, and RBC Capital Markets looked into the implications for beleaguered Apple Inc. (NASDAQ: AAPL). The Analyst Analyst Amit Daryanani maintained an Outperform...
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RBC, Bank Of America Surveys Paint Bullish Picture Ahead Of Apple's Q4 Print
Tuesday, October 9, 2018 - 11:35am | 579Apple Inc. (NASDAQ: AAPL) is scheduled to report its fiscal fourth quarter and full-year results Thursday, Nov. 1 at a time when investor sentiment is "largely neutral to even slightly negative," according to RBC Capital Markets. The Analyst RBC analyst Amit Daryanani...
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RBC Stays Bullish On Micron, Lowers Estimates To Reflect Tougher Memory Forecast
Tuesday, September 11, 2018 - 5:43pm | 404Notwithstanding memory cycle headwinds, one RBC Capital Markets analyst is bullish on Micron Technology, Inc. (NASDAQ: MU)'s prospects — but said estimates need to move lower. The Analyst Analyst Amit Daryanani maintained an Outperform rating on Micron and ...
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NAND Headwinds Are Behind RBC's 'No-Drama Downgrade' Of Western Digital
Tuesday, September 11, 2018 - 4:11pm | 436The bullish case for Western Digital Corp (NASDAQ: WDC) is no longer warranted due to four near-term concerns, according to RBC Capital Markets. The Analyst Analyst Amit Daryanani downgraded Western Digital from Outperform to Sector Perform with a price target lowered from $95...
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The Latest From China: Qualcomm-NXP Semiconductors Tie-Up 'Looking More Optimistic'
Friday, May 18, 2018 - 12:45pm | 332The proposed tie-up between Dutch-based NXP Semiconductors NV (NASDAQ: NXPI) and U.S.-based QUALCOMM, Inc. (NASDAQ: QCOM) has been going on for months. What Happened Qualcomm was forced to re-file its application to merge with NXP Semiconductors last month with Chinese regulators, which added...
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5 Reasons Apple Could Make It To A Trillion-Dollar Market Cap In One Year's Time
Monday, May 22, 2017 - 11:35am | 357Apple Inc (NASDAQ: AAPL), the world’s most valuable public company, has a staggering $800 billion market cap. Yet despite its incredible size, Apple could become the world’s first trillion dollar company within a year’s time. 5 Reasons There are near-term drivers for Apple that...
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5 Reasons Apple Won't Buy Disney
Sunday, April 16, 2017 - 4:55pm | 392Walt Disney Co (NYSE: DIS) shares were up 0.7 percent on Thursday following a new report from RBC Capital discussing all the reasons why an Apple Inc. (NASDAQ: AAPL) buyout of Disney would make sense. While Disney investors would certainly love a buyout at a premium to market price, investors...
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Increased Dividend? More Buybacks? What You Need To Know Ahead Of Apple's Next Earnings Call
Sunday, March 26, 2017 - 10:45am | 433Musing over what Apple Inc. (NASDAQ: AAPL) might reveal on its fiscal year second quarter earnings call, due in April, RBC Capital Markets asked investors to brace for details on its capital allocation process. In a note Friday, RBC said it thinks Apple will raise its dividend by 10-15 percent,...
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3 Tailwinds Broadcom Is Set To Benefit From Over The Coming Quarters
Thursday, March 2, 2017 - 10:08am | 363Broadcom Ltd (NASDAQ: AVGO) reported robust January quarter results, while issuing a conservative guidance for 2017, which was ahead of the consensus. RBC Capital’s Amit Daryanani maintained a Top Pick rating on the company, while raising the price target from $230 to $240. Confluence Of...