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Fitbit On Competition: Big Difference Between 'Barriers To Entry' And 'Barriers To Success'
Thursday, August 11, 2016 - 12:39pm | 295Read More...Oppenheimer analyst Andrew Uerkwitz recently had the chance to host Fitbit Inc (NYSE: FIT) VP Brad Samson at Oppenheimer’s Technology, Internet & Communications Conference in Boston. Samson provided some insight into several questions Oppenheimer had about the company following its Q2...
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Oppenheimer Sees Near-Term Challenges For Apple, But Bullish On 2018 iPhone Cycle
Tuesday, August 9, 2016 - 8:49am | 321Read More...The consensus expectations for Apple Inc. (NASDAQ: AAPL) don't appear to be accounting for an elongated replacement cycle in 2017, Oppenheimer’s Andrew Uerkwitz said in a report. He reiterated a Perform rating on the company, while stating that the 2017 iPhone shipment estimate was the...
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Despite Being Negative On Mobile, Oppenheimer Continues To Like CEVA's Story
Thursday, August 4, 2016 - 3:37pm | 361Read More...Oppenheimer maintains its Outperform rating on CEVA, Inc. (NASDAQ: CEVA) despite being negative on mobile. CEVA reported second-quarter revenues/Adj. EPS of $17.1 million/$0.21 versus the Street's $17.1 million/$0.18. Gross margin rose 400bps to 92 percent and total unit shipments grew 9 percent. "...
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GoPro Faces Significant Headwinds, But Oppenheimer Turning More Positive
Tuesday, August 2, 2016 - 1:52pm | 284Read More...Taking a more positive view on GoPro Inc (NASDAQ: GPRO), Oppenheimer raised its 2016 and 2017 earnings per share estimate for the company. The firm sees the camera maker beating estimates and raising guidance heading into the holiday season and early 2017, premised on its new flagship camera...
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4-Quarter Review: Fitbit Beat EPS Estimates By 137%, But Stock Is Down 54%
Wednesday, July 13, 2016 - 11:50am | 295Read More...Fitbit Inc (NYSE: FIT) continues to deliver quarter after quarter of blowout earnings, and the market just doesn't seem to care. Oppenheimer analyst Andrew Uerkwitz cares. Uerkowitz pointed out Fitbit has delivered an average consensus earnings beat of 137 percent over the past four...
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GoPro Shares Have Hit Near-Term Bottom: Oppenheimer
Wednesday, July 13, 2016 - 10:02am | 333Read More...Oppenheimer’s Andrew Uerkwitz believes GoPro Inc (NASDAQ: GPRO) shares have “established their near-term bottom following the impact of a weak product cycle in 2015 and ensuing channel inventory issues.” Uerkwitz reiterated a Perform rating and $43 price target on the action-...
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A First Look Into E3 '16: 'Publishers Emerging As Winners'
Wednesday, June 15, 2016 - 2:08pm | 335Read More...Oppenheimer said "publishers are emerging as winners" at this year's Electronic Entertainment Expo (E3). It's day 3 of the event, and the research firm has come out with a note stating the strategy of Microsoft Corporation (NASDAQ: MSFT) to make Xbox Live a social platform and offering game play...
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Oppenheimer: Apple Downgraded, Analysts 'Questioning' Their Faith
Wednesday, April 27, 2016 - 10:02am | 305Read More...Apple Inc. (NASDAQ: AAPL) reported its F2Q16 total revenues down 33 percent sequentially and iPhone shipment down 32 percent, while announcing weaker-than-expected guidance. Oppenheimer’s Andrew Uerkwitz downgraded the rating for the company to Perform, citing expectations of the weaker...
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Oppenheimer Starts Ambarella At Perform: Opportunity Is There, Risk-Reward Balanced
Friday, April 8, 2016 - 9:06am | 354Read More...Oppenheimer’s Andrew Uerkwitz believes Ambarella Inc (NASDAQ: AMBA) is among the best pure-play investments in the consumer and professional applications market, although the stock’s risk/reward appears balanced at present. The analyst initiated coverage of the company with a Perform...
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Apple Update 'Reasonably Dull,' Oppenheimer Says
Tuesday, March 22, 2016 - 1:44pm | 273Read More...Oppenheimer’s Andrew Uerkwitz maintained an outperform rating for Apple Inc. (NASDAQ: AAPL), saying that the company’s recent event was an unexciting step. At its latest event, Apple launched the 4” iPhone SE, the 9.7” iPad Pro, some new Apple Watch bands and new...
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Apple Could Release A Mobile VR Headset, Oppenheimer Predicts
Friday, March 18, 2016 - 10:59am | 290Read More...Oppenheimer’s Andrew Uerkwitz maintained an Outperform rating for Apple Inc. (NASDAQ: AAPL), with a price target of $120, saying that investors may find the company’s next several media events “underwhelming.” Apple is slated to host an event on March 21, and is widely...
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2017 Should Be Better For Taser Shareholders, Oppenheimer's Uerkwitz Says
Tuesday, March 1, 2016 - 10:32am | 255Read More...Oppenheimer's Andrew Uerkwitz maintained a Perform rating for TASER International, Inc. (NASDAQ: TASR), saying that the company’s quarterly results had “many moving pieces with something for everyone.” Taser reported its 4Q15 results significantly ahead of the consensus...
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Oppenheimer: GoPro 'Finally' Did This
Tuesday, March 1, 2016 - 9:47am | 210Read More...Oppenheimer’s Andrew Uerkwitz maintained a Perform rating for GoPro Inc (NASDAQ: GPRO), saying that its poor software interface has long been an important obstacle in GoPro becoming more mainstream. Against this backdrop, the acquisitions of Stupeflix and Vemory come as ways to correct...
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What Does The Street Think Of Fitbit Now?
Tuesday, February 23, 2016 - 6:23pm | 596Read More...Shares of Fitbit Inc (NYSE: FIT) have plunged more than 20 percent after the wearable device maker issued a weak outlook for the first quarter despite reporting better-than-expected earnings for the fourth quarter. Following the weak forecast, the stock faced a slew of downgrades from various...
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Can GoPro Replace Your Smartphone Camera? Analysts Wary Of 2016 Outlook
Thursday, February 4, 2016 - 2:39pm | 819Read More...Wall Street feasted on GoPro Inc (NASDAQ: GPRO) this week when the company revealed abysmal fourth-quarter numbers. The stock was down nearly 10 percent Thursday morning, as analysts offered their takes on management's plan to restart growth by expanding into drones and video editing. Some...
