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Oppenheimer: BlackBerry Device Biz Turnaround Will Be Difficult
Wednesday, June 24, 2015 - 2:12pm | 289In a report published Wednesday, Oppenheimer analysts Andrew Uerkwitz and Martin Yang reiterated a Perform rating on shares of BlackBerry Ltd (NASDAQ: BBRY), after the company reported first quarter (fiscal 2016) results below consensus, but above the firm’s estimates. First quarter...
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Oppenheimer's Uerkwitz: BlackBerry Might Need More Restructuring
Monday, June 22, 2015 - 4:55pm | 367If BlackBerry Ltd (NASDAQ: BBRY) continues to struggle in both handset sales and software, another round of cost-cutting is likely to result, an analyst said Monday. BlackBerry is slated to post first-quarter earnings on Tuesday morning, a few hours before it holds its annual shareholders...
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The Street Does Not Love BlackBerry
Monday, June 22, 2015 - 12:58pm | 588Telecommunication and wireless equipment company BlackBerry Ltd (NASDAQ: BBRY) is scheduled to post first quarter fiscal 2016 earnings on Tuesday, June 23 before the market opens. Blackberry had been posting profit losses over the past several consecutive quarters until its latest quarterly...
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Wall Street Mixed On GoPro
Wednesday, June 3, 2015 - 11:59am | 418Shares of action camera company GoPro Inc (NASDAQ: GPRO) shot up about 7 percent in trading on Monday, June 1 after CEO Nick Woodman announced the availability of a new camera called the GoPro Hero+ LCD. The new GoPro Hero+ LCD has a built-in touch display, in-camera video trimming, and...
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Analyst To GoPro Investors: Beware Killer Smartphones
Monday, May 18, 2015 - 2:48pm | 465The tale of digital cameras getting killed by smartphones might give pause to long-term investors in GoPro Inc (NASDAQ: GPRO), an analyst said Monday. The rise of the smartphone effectively snuffed out the market for digital cameras, according to Oppenheimer's Andrew Uerkwitz, who noted...
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Oppenheimer's GoPro Upgrade: More Than Meets The Eye
Monday, May 18, 2015 - 8:22am | 300GoPro Inc (NASDAQ: GPRO) shares are rising during Monday's pre-market trading off the back of an upgrade from Oppenheimer. According to analyst Andrew Uerkwitz, the action camera maker went from an Underperform rating to a Perform. Not exactly a demonstration of über-bullishness,...
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Oppenheimer Downgrades TASER, Notes Shares Are Already 'Fully Valued'
Thursday, May 7, 2015 - 1:17pm | 276In a report published Thursday, Oppenheimer analyst Andrew Uerkwitz downgraded shares of TASER International, Inc. (NASDAQ: TASR) to Perform from Outperform while removing a previous $28 price target as the stock appears to be "fully valued compared to where we are in the cycle." Uerkwitz noted...
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Oppenheimer Spent A Week With The Apple Watch
Thursday, April 30, 2015 - 11:15am | 319In a report published Wednesday, Oppenheimer analyst Andrew Uerkwitz detailed his personal thoughts after spending almost a week with Apple Inc. (NASDAQ: AAPL)'s Watch. "As a first-generation product, the Watch is very successful at providing incremental convenience, removing...
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Oppenheimer: Apple Is 'Taking China By Storm'
Tuesday, April 28, 2015 - 12:58pm | 264In a report published Tuesday, Oppenheimer analyst Andrew Uerkwitz commented on Apple Inc. (NASDAQ: AAPL)'s "strong" second quarter results, but singled out the company's strength in emerging markets, especially China, as a key theme. Uerkwitz noted that Apple's "impressive" growth across all...
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Police Officers Looking To Buy Their Own Body Cameras
Friday, April 24, 2015 - 11:26am | 598Should police and law enforcement officers be forced to wear a body camera? The topic was brought into the national spotlight following the shooting of Michael Brown in Ferguson, Missouri by Darren Wilson, a police officer. A recent series of other widely publicized police shootings ensured the...
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Oppenheimer Says Taser Is 'Only At The Top Of The First Inning'
Friday, April 10, 2015 - 9:42am | 235In a report published Friday, Oppenheimer analyst Andrew Uerkwitz detailed a recent meeting with TASER International, Inc. (NASDAQ: TASR)'s senior management team, including the company's CEO and Co-founder Rick Smith. "While we didn't learn anything new, we walked away with more confidence in the...
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Alert: Oppenheimer Says The Apple Watch Will Change Computing
Thursday, April 9, 2015 - 10:52am | 280In a report published Thursday, Oppenheimer analyst Andrew Uerkwitz argued that we are at an inflection point in the next stage of computing as the Apple Inc. (NASDAQ: AAPL) Watch will expand on the intimacy of hardware. "With increasingly accessible supply chain, capital, and consumers,...
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12 Oppenheimer Analysts Just Picked Their Favorite Stocks
Tuesday, March 31, 2015 - 12:10pm | 646In a recent report, Oppenheimer asked analysts that cover different areas of the stock market each to choose his or her single top stock pick in the space based on the fundamentals of the company. Here are the stocks that these twelve analysts chose. 1. Steve Manaker (REITs): Highwoods...
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Why Oppenheimer Loves This Little-Known Wireless Electricity Company
Thursday, March 19, 2015 - 10:23am | 373Oppenheimer initiated coverage on Energous Corp (NASDAQ: WATT) Thursday with an Outperform rating and $13 price target. Analysts Andrew Uerkwitz and Martin Yang believed the company could "disrupt the wireless charging space with its RFbased, uncoupled, WattUp technology which has the...
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Oppenheimer Downgrades Garmin Amid Concerns For Growth Opportunities
Monday, March 16, 2015 - 11:25am | 193In a report issued on Monday, Oppenheimer downgraded Garmin Ltd. (NASDAQ: GRMN) to Market Perform due to slower growth, perception of wearable competitive threats, and an underappreciation of aviation/marine products. Andrew Uerkwitz and Martin Tang wrote, "Garmin normally should be a core...