Amit Daryanani

RBC Capital has said Western Digital Corp (NASDAQ: WDC) remains well-positioned for $10+ EPS after the company’s December quarter results handily beat Street estimates. “We think fundamentals remain intact, as WDC should benefit from a favorable HDD environment and a tight NAND market,...

Providing takeaways from the Consumer Electronics Show, RBC Capital Markets delved on the three major items unveiled by NVIDIA Corporation (NASDAQ: NVDA) and five key investor questions. 3 Big Announcements Analysts Mitch Steves and Amit Daryanani noted that Nvidia announced a partnership with...

Broadcom Ltd (NASDAQ: AVGO) seems poised to continue generating mid-teens EPS growth over next several years, RBC Capital Markets’ Amit Daryanani said in a report. He reiterated a Top Pick rating on the company, with price target of $190. Broadcom projected its October-quarter revenue at the...

RBC Capital Markets thinks Microsemi Corporation (NASDAQ: MSCC) is definitely a takeover candidate. However, it should approach a leverage of 3.0 or lower. Therefore, the firm thinks it would be early to conclude any possible deal pointing out the current leverage of 3.7x. Analysts Mitch Steves and...

Following a survey of more than 6,000 people, RBC Capital’s Amit Daryanani believes Apple Inc. (NASDAQ: AAPL) could surprise investors, in terms of ASP upside, driven by the increased preference for the iPhone 7+ and the ASP being $20 higher than that for the last generation of iPhone....

RBC Capital’s Amit Daryanani raised the December quarter iPhone unit estimate for Apple Inc. (NASDAQ: AAPL) on expectations that FQ1 would have an extra week. Daryanani maintained an Outperform rating on the company, while raising its price target from $115 to $117. Accounting For An...

Apple Inc. (NASDAQ: AAPL) reported its June quarter revenue and EPS ahead of expectations. The current share price represents “an attractive entry point” to benefit from the company’s ability to sustain revenue and EPS growth through FY16, RBC Capital Markets’ Amit...

RBC Capital Markets analysts Mitch Steves, Jae Cho, Amit Daryanani and Jeriel Ong have termed analysts day as largely a bullish one as far as Plexus Corp. (NASDAQ: PLXS) is concerned. The company took this stance mainly because of three reasons: 1. The focus on 12 percent long-term revenue growth...

Jabil Circuit, Inc. (NYSE: JBL) is reporting its third-quarter earnings on June 15, and RBC has said the main focus will be on the company's ability to sustain revenue growth if iPhone headwind persists. RBC now expects third-quarter revenue/EPS at $4.14 billion/$0.14, which is slightly below...

Apple Inc. (NASDAQ: AAPL) is scheduled to host its annual Worldwide Developer Conference on June 13-17, in San Francisco. RBC Capital’s Amit Daryanani maintained an Outperform rating on the company, with a price target of $120. “We expect Siri to be at center stage this year, along...

Apple Inc. (NASDAQ: AAPL) is hosting its annual Worldwide Developer Conference (WWDC) on June 13-17 in San Francisco, and RBC expects Siri to hog the limelight this year, along with extensive OS upgrades and potential macbook pro refresh. Siri SDK & More: "Expect AAPL to showcase Siri...

Shares of Apple Inc. (NASDAQ: AAPL) were trading nearly flat during Monday's trading session as several tech experts offered mixed feelings on the stock. RBC Capital Market's Amit Daryanani commented in a note that Apple could "comfortably" boost its share repurchase and...

RBC Capital Markets’ Amit Daryanani maintained an Outperform rating for Apple Inc. (NASDAQ: AAPL), with a price target of $130. He expressed optimism regarding the company being able to “comfortably” increase its capital allocation program to include share repurchases of $50...