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Forget The iPhone 7, Should Apple Bulls Wait Until The iPhone 8 Is Released?
Tuesday, January 26, 2016 - 3:58pm | 437It's a little less than two hours until Apple Inc. (NASDAQ: AAPL) reports its December quarter earnings. The majority of Wall Street is bullish, albeit for different reasons. RBC's Amit Daryanani and Cowen's Tim Arcuri were recently on CNBC discussing their views on the stock....
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Will Forex Dig Into Apple's Earnings?
Tuesday, January 26, 2016 - 12:12pm | 252In a new report, RBC Capital analyst Amit Daryanani takes a look at just how much of an impact forex will have on Apple Inc. (NASDAQ: AAPL)’s bottom line in 2016. In 2015, Apple enjoyed more than $4 billion in forex-related hedging gains, which added an estimated 0.5 percent to overall...
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RBC Analyst: We Don't Think Western Digital Will Walk Away From SanDisk
Tuesday, January 19, 2016 - 10:06am | 308Western Digital Corp (NASDAQ: WDC) shares have been on a downward path, and have lost 41 percent since October 19. RBC Capital Markets’ Amit Daryanani maintained an Outperform rating for the company, with a price target of $76. The company may pursue the deal with SanDisk...
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RBC: Apple Now Worth Just $130, We're Lowering March And June Estimates
Thursday, January 7, 2016 - 2:33pm | 201In a new report, RBC Capital Markets analyst Amit Daryanani explains why RBC has dialed back its expectations for Apple Inc. (NASDAQ: AAPL) in 2016. “We are lowering estimates on AAPL for March and June quarters to reflect supply chain data points coupled with the reality that compares...
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What To Expect Ahead Of Intel's Analyst Day Thursday
Tuesday, November 17, 2015 - 3:09pm | 421Intel Corporation (NASDAQ: INTC) will host its Analyst Day on Thursday in Santa Clara, California. On Tuesday, analysts at RBC Capital Markets and Summit Research shared a few thoughts and key points. Intel’s stock has surged more than 2 percent, currently trading at $32.77 at the time of...
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Was Intel's Bar Too High?
Wednesday, October 14, 2015 - 1:08pm | 1028Shares of Intel Corporation (NASDAQ: INTC) were trading lower by nearly 2 percent Wednesday morning following its third-quarter print. Intel posted a better-than-expected earnings per share and revenue along with a cautious outlook. Analysts were mixed following the quarterly print. Shares of...
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Is Western Digital On Board With A SanDisk Buyout?
Wednesday, October 14, 2015 - 10:59am | 335Shares of Western Digital Corp. (NASDAQ: WDC) have decline 25.4 percent year to date, hitting a low of $68.25 on September 28. Amit Daryanani of RBC Capital Markets has maintained an Outperform rating on the company, with a price target of $94. Daryanani believes that a potential deal...
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Apple's iPhone Upgrade Program: What Will It Do With Used Phones? -- And Other Questions Investors Are Asking
Wednesday, September 16, 2015 - 3:14pm | 486In a report issued Wednesday, RBC Capital Markets analysts Amit Daryanani and his team looked into Apple Inc. (NASDAQ: AAPL)’s iPhone upgrade program. They posited if the plan could “accelerate share gains and EPS.” The firm maintains an Outperform rating and $150.00 price target...
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IBM: Here's What Analysts Are Saying Ahead Of Monday's Report
Monday, July 20, 2015 - 12:10pm | 785International Business Machines Corp. (NYSE: IBM) is scheduled to report its second quarter results after Monday's closing bell. Estimize is expecting the company (based on 104 estimates) to earn $3.80 per share on revenue of $20.970 billion. This compares to the Wall Street consensus...
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The Most Important Thing Apple Investors Should Focus On For July 21
Thursday, July 16, 2015 - 1:43pm | 427Apple Inc. (NASDAQ: AAPL) is scheduled to release its third-quarter earnings next Tuesday, and most analysts right now are interested in the figures concerning the watch. However, Amit Daryanani, RBC Capital Markets equity analyst, thinks the company is not going to reveal much data regarding it...
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Netflix In 'Middle Inning' Of Growth, Apple Will Hit $150 By 2016: RBC's Mahaney And Daryanani
Thursday, July 16, 2015 - 12:47pm | 384Amazon.com, Inc. (NASDAQ: AMZN), Facebook Inc (NASDAQ: FB) and LinkedIn Corp (NYSE: LNKD) are RBC analyst Mark Mahaney's top picks in the entertainment and social media space, according to a new note from the research firm. Mahaney reiterated his Outperform rating on Netflix and boosted his...
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Jabil Circuit Preview: Earnings Returning To Healthy Levels
Tuesday, June 16, 2015 - 1:14pm | 326Shares of Jabil Circuit, Inc. (NYSE: JBL) are surging on Tuesday, ahead of the announcement of the company’s third-quarter financial results, scheduled for Wednesday after the market closes. And, as it can be seen in the chart below, expectations point toward a huge year-over-year increase...
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RBC Upgrades NetApp, Says CEO Change Could Be 'Catalyst To Unlock Value'
Wednesday, June 10, 2015 - 9:38am | 362In a report published Wednesday, RBC Capital analyst Amit Daryanani upgraded the rating on NetApp Inc. (NASDAQ: NTAP) from Sector Perform to Outperform, while raising the price target from $35 to $38. The analyst believes that the recent change in CEO could prove to be a catalyst for the stock....
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Wall Street Titans Respond To Apple WWDC
Tuesday, June 9, 2015 - 4:43pm | 704After the highly anticipated Apple Worldwide Developers Conference (WWDC), many analysts had mixed feelings about Apple Inc. (NASDAQ: AAPL). The company announced the following developments: El Capitan (OS X 10.11) The new iOS9 Siri gets more proactive Apple Pay to the UK...
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RBC Capital Predicts Highlights For WWDC'15: Music, iOS 9 Update And Launch Of Apple Watch SDK
Monday, June 8, 2015 - 2:21pm | 400Apple Inc. (NASDAQ: AAPL)’s Worldwide Developers Conference (WWDC) 2015 is under way and the Street is looking closely at what products/services the company will announce this time around. Amit Daryanani, RBC Capital Markets, was on CNBC recently to discuss what the key highlights of...