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Oppenheimer's Uerkwitz: GoPro Inc Management Is Misunderstanding This Strategic Necessity
Thursday, February 4, 2016 - 12:27pm | 454GoPro Inc (NASDAQ: GPRO) shares are having a bad Thursday, under the $10 mark after the company missed earnings and revenue expectations while drastically reducing guidance. In a new research note, Oppenheimer's Andrew Uerkwitz warned company management could be "too optimistic"...
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Oppenheimer Hits Fitbit With Outperform, Says Global Opportunity Just Beginning
Tuesday, February 2, 2016 - 10:22am | 307Fitbit Inc (NYSE: FIT) shares have been heading south, and have lost 44 percent since January 4. Oppenheimer’s Andrew Uerkwitz initiated coverage of the company with an Outperform rating and a price target of $25. The company is poised to benefit from two trends that are in their...
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Too Many Moving Pieces In Synaptics; Oppenheimer Downgrades
Wednesday, January 20, 2016 - 11:30am | 274Synaptics, Incorporated (NASDAQ: SYNA) shares have declined 30.94 percent over the past three months, falling almost 4 percent in morning trade on Jnauary 20. Oppenheimer’s Andrew Uerkwitz has downgraded the rating on the company from Outperform to Perform. Uerkwitz expects the...
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What Can GoPro Do To Be Loved By You (Wall Street Analysts)?
Tuesday, January 19, 2016 - 11:36am | 326GoPro Inc (NASDAQ: GPRO) shares have declined 79.25 percent over the past year, almost down to their 52-week low on January 15 at $11.46. Oppenheimer’s Andrew Uerkwitz has maintained a Perform rating on the company. In order for the stock to be “loved,” Uerkwitz believes...
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Oppenheimer Cuts Apple Price Target 22%, Still Likes Stock Long-Term
Monday, January 11, 2016 - 11:25am | 338Shares of Apple Inc. (NASDAQ: AAPL) have declined 13 percent over the past one month, down to a low of $96.45 on January 7. Oppenheimer’s Andrew Uerkwitz has maintained an Outperform rating on the company, while lowering the price target from $155 to $120. Uerkwitz believes that...
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How Taser's Growth Is 'Coming At A Cost'
Wednesday, November 4, 2015 - 2:27pm | 373TASER International, Inc. (NASDAQ: TASR) reported mixed Q3 earnings numbers. Oppenheimer believes that the company is attempting to sacrifice short-term profitability for the prospect of market share gains. Taser shares are up about 1.3 percent in Wednesday's trading at the time of this writing....
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EXCLUSIVE: Taser Shares Drop Following Motorola Body Cam News; Chicago P.D. Situation Also On Street's Mind
Tuesday, October 20, 2015 - 12:37pm | 371Shares of TASER International, Inc. (NASDAQ: TASR) fell nearly 8 percent on Tuesday. The drop appears to be in relation to a press release from Motorola Solutions Inc (NYSE: MSI), which announced its entry into the police body camera space. According to the release, Motorola is coming out with its...
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35 Stock Ideas Oppenheimer Analysts Love Right Now
Saturday, October 17, 2015 - 10:11pm | 1463Oppenheimer just released its 35 top stock ideas for October and November. Here’s a rundown of the full list with analyst commentary included. 1. Turtle Beach Corp (NASDAQ: HEAR) Analyst Sean McGowan sees two drivers of the stock: the “resurgence in video games” and the rollout of...
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Oppenheimer Analysts Met With GoPro Management; Here's What Happened
Wednesday, September 16, 2015 - 3:32pm | 352Shares of GoPro Inc (NASDAQ: GPRO) touched new all-time lows of $31.32 last week. Andrew Uerkwitz of Oppenheimer met with GoPro's management team and the overall tone was "upbeat." Uerkwitz maintained a Perform rating (no assigned price target) due to his "more conservative" view of the segment...
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Oppenheimer: Apple Remains 'Underwhelmingly Brilliant'
Thursday, September 3, 2015 - 2:47pm | 358In a new report, Oppenheimer analyst Andrew Uerkwitz discussed Apple Inc. (NASDAQ: AAPL)’s upcoming press event on September 9. Uerkwitz made his predictions about what products Apple will launch at the event, what type of reception the launches will get from investors and what the fallout...
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Oppenheimer: 'Investors Are Looking For Reasons Not To Like Apple's Stock'
Monday, August 10, 2015 - 2:41pm | 385Andrew Uerkwitz, Oppenheimer analyst, published a report on Monday in which he reiterated his Outperform rating on Apple Inc. (NASDAQ: AAPL) with a price target of $155. Shares of Apple have had a rough run since the company reported earnings on July 21 and fears of Chinese economy slowing down...
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Will The Smartphone Market Soon Mirror The PC Market?
Thursday, July 30, 2015 - 1:09pm | 492Oppenheimer analyst Andrew Uerkwitz sees a major transformation happening in the smartphone market, and he believes that the latest news from Chinese handset maker OnePlus is a further indication that this change is coming sooner rather than later. In a new report, Uerkwitz discussed what the...
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Oppenheimer Says Apple Quarter Will Be Robust, Fears Are 'Overblown'
Friday, July 17, 2015 - 1:30pm | 356In a report published Thursday, Oppenheimer analysts Andrew Uerkwitz and Martin Yang preview the results for Apple Inc. (NASDAQ: AAPL)’s third quarter, which will be announced next Tuesday. According to the note, they expect another beat-and-raise quarter on the back of robust iPhone sales...
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Oppenheimer Reviews GoPro Camera: Video Editing Is A 'Headache,' Not Convinced Consumers 'Willing To Spend The Time And Energy'
Thursday, July 2, 2015 - 10:17am | 486In a report published Wednesday, Oppenheimer analyst Andrew Uerkwitz attempted to remake a popular YouTube short film titled "Father Son Tandem Bike Ride" with a GoPro Inc (NASDAQ: GPRO) device. "It is truly a wonderful video," Uerkwitz wrote. "We attempted to make a...
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This Is Corning's Dilemma, According To Oppenheimer
Friday, June 26, 2015 - 1:27pm | 363On Wednesday, Corning Incorporated (NYSE: GLW) announced a new investment in a Gen 8.5 LCD glass finishing facility in Chongqing. According to management, “The investment is driven by strong demand for LCD substrate in China and will enable Corning to serve Chinese panel makers more...