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Reasons To Be Bullish On HP
Wednesday, August 23, 2017 - 12:48pm | 324Analysts at Loop Capital Markets initiated coverage of HP Inc. (NYSE: HPQ) ahead of the company's earnings report, scheduled to be released after Wednesday's close. Analyst Ananda Baruah initiated coverage of HP's stock with a Buy rating and $23 price target. HP's printing business...
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Analyst: 3D Systems Is Making The Right Moves
Thursday, August 3, 2017 - 2:28pm | 3403D Systems Corporation (NYSE: DDD)'s earnings report was "choppy" but the 20-percent plunge in the stock doesn't mean the company's prospects and outlook are doomed, at least according to Loop Capital Markets' Ananda Baruah. The analyst maintains a Hold rating on 3D...
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The Sell-Side Sentiment On Apple's Third Quarter
Wednesday, August 2, 2017 - 2:49pm | 552Apple Inc. (NASDAQ: AAPL) shares jumped more than 5 percent Wednesday, briefly pushing the Dow Jones Industrial Average above 22,000 for the first time. A number of Wall Street analysts weighed in on Apple following its huge second-quarter earnings report. Here’s a rundown of what they had to...
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Xerox Shares Are Reacting To What Matters: Operating Margin And Free Cash Flow
Wednesday, August 2, 2017 - 10:24am | 566Xerox Corp (NYSE: XRX) reported Tuesday ahead of the market open adjusted earnings per share of 87 cents per share on revenues of $2.57 billion, down 8.1 percent year over year. While the bottom line results were ahead of expectations, revenues came in below estimates. The company reaffirmed its...
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Western Digital Is A Buy; The Growth Is Strong With This One
Friday, July 28, 2017 - 10:49am | 407Share of Western Digital Corp (NASDAQ: WDC) lost more than 6 percent Friday morning after the company reported its fiscal fourth-quarter results, which were in fact stronger than the company's own pre-announcement, Loop Capital Markets' Ananda Baruah stated. Western Digital not only reported that...
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How Western Digital Shares Could Rise 48% Over The Next Year
Tuesday, July 25, 2017 - 9:28am | 617Western Digital Corp (NASDAQ: WDC)’s battle with Toshiba over the sale of its chip business is set to come to a conclusion on Friday, but no matter how it comes down, Loop Capital Markets analyst Ananda Baruah sees a strong future ahead. Baruah initiated coverage on Western Digital shares...
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Apple Wins A New Bull A Week Before Earnings
Tuesday, July 25, 2017 - 8:34am | 415Loop Capital Markets' Ananda Baruah initiated coverage of Apple Inc. (NASDAQ: AAPL) with a Buy rating and $172 price target and sees three catalysts that can help the stock move higher. The more than 30 percent gain since the start of 2017 has resulted in Apple's stock trading at 16x P/E, which is...
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2 Risks Of Apple's iPhone 8 Launch
Thursday, December 22, 2016 - 9:12am | 428Brean Capital’s Ananda Baruah expects Apple Inc. (NASDAQ: AAPL) to post iPhone units for the December quarter in line with expectations, with potential for gross margin upside and against a backdrop of softer March quarter shipments. Baruah maintains a Buy rating on the company, with a price...
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Stratasys CFO Lays Out Growth Initiatives
Thursday, December 15, 2016 - 9:27am | 295Following discussions with Stratasys, Ltd. (NASDAQ: SSYS)'s chief financial officer Erez Simha, Brean Capital’s Ananda Baruah said in a report that management is optimistic about the market potential as well as the desire for the company's solutions. Analyst Baruah added, however, that...
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3D Systems' 'Undeniably Sensible' Story
Tuesday, December 13, 2016 - 10:27am | 3343D Systems Corporation (NYSE: DDD) believes the 3DP industry is on the verge of a transition point “connecting prototyping to manufacturing,” leading to real volume and profits. Brean Capital’s Ananda Baruah maintains a Hold rating on the company. How The Story Is Developing...
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Brean Says $120 Level Could Be Back In Play For Western Digital
Wednesday, December 7, 2016 - 9:13am | 381Western Digital Corp (NASDAQ: WDC) pre-announced its December-quarter results, higher than the Street expectations. Taking into account the expected Samsung patent royalty renewal and the acquisition of SanDisk Corporation, Western Digital’s share price could surge to $120, Brean Capital...
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On The Strength Of iPhone 7, Brean Lifts Apple's Price Target To $135
Wednesday, October 26, 2016 - 7:41am | 259Apple Inc.'s (NASDAQ: AAPL) investors are likely doubting the company's short- and long-term outlook after the company's earnings report given the 3 percent decline in the stock early Wednesday morning. Ananda Baruah of Brean Capital isn't among those who are concerned as the...
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Brean Bullish On Logitech's 'Next Leg Of This Transformation'
Tuesday, October 25, 2016 - 11:24am | 262Brean Capital’s Ananda Baruah believes Logitech International SA (USA) (NASDAQ: LOGI) “presents a unique opportunity to own an under-appreciated organically transforming company with premium brand cache at an attractive valuation.” Baruah initiated coverage of the company with...
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Brean Capital Is Bullish On Logitech's 'Next Leg Of This Transformation'
Tuesday, October 25, 2016 - 7:28am | 401Logitech International SA (USA) (NASDAQ: LOGI) is an “organically transforming company” with a “premium brand cache at an attractive valuation,” Brean Capital’s Ananda Baruah said in a report. He initiated coverage of the company with a Buy rating and a price target...
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Brean Raises Target On Tech Data From $82 To $105 Following Deal With Avnet
Tuesday, September 20, 2016 - 10:51am | 472Brean Capital boosted the price target on Buy-rated Tech Data Corp (NASDAQ: TECD) shares by $23 to $105 following its deal to buy Avnet, Inc. (NYSE: AVT)'s technology solutions business for $2.6 billion. The Deal The deal positions Tech Data as one of the world's most diverse end-to-end global IT...