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GoPro's Xiaomi Threat: Oppenheimer, Northland And Morgan Stanley Analysts Weigh In
Tuesday, March 3, 2015 - 3:45pm | 690Shares of action camera company, GoPro Inc (NASDAQ: GPRO), tumbled down 5 percent in trading on Monday, March 2 after Chinese smartphone company, Xiaomi, launched a similar product called the Yi Action Camera. The Yi Action Camera has a 16-megapixel camera and can record high-definition videos...
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These Analysts Call The Apple Watch An 'Object Of Utility, Affection And Luxury'
Tuesday, March 3, 2015 - 11:01am | 320Oppenheimer commented on the Apple Inc. (NASDAQ: AAPL) Watch on Tuesday. The firm also raised its price target from $130 to $155 and maintained an Outperform rating on the stock. See Also: Oppenheimer: Apple Watch Will Lead Sales, Price Higher Analysts Andrew Uerkwitz and Martin Yang...
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Oppenheimer Managing Director: Xiaomi Launching Camera Will 'Put The Kibosh On' GoPro's Strategy For Asia
Friday, February 27, 2015 - 8:07am | 348There are strong rumors that Chinese tech upstart Xiaomi is working on launching an adventure camera, similar to what GoPro Inc (NASDAQ: GPRO) makes. Andrew Uerkwitz, Oppenheimer managing director, was on CNBC recently to discuss what impact those rumors being true will have on GoPro and GoPro...
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Oppenheimer Comments On Meeting With BlackBerry's CFO
Friday, January 16, 2015 - 11:13am | 207Andrew Uerkwitz of Oppenheimer on Thursday summarized in a note details of a recent meeting with BlackBerry Ltd's (NASDAQ: BBRY) Chief Financial Officer James Yersh. Uerkwitz notes that the executive denied the speculation of a takeout bid by Samsung, but did talk about creating strong partnerships...
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Analysts Go Cold On GoPro
Monday, December 29, 2014 - 2:35pm | 390GoPro Inc's (NASDAQ: GPRO) wild ride in the stock market this year currently has analysts cold on the company, which makes body mounted cameras for action sports enthusiasts. Among 15 analysts tracked by FactSet, 10 currently rate GoPro at Hold, one rates it a Sell and four maintain Buy...
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CEVA Surges Amid Oppenheimer Upgrade
Friday, November 14, 2014 - 3:10pm | 205Oppenheimer upgraded CEVA, Inc. (NASDAQ: CEVA) from Perform to Outperform and established a $19 price target. Analysts Andrew Uerkwitz and Martin Yang commented that in the smartphone market "1) the primary growth area is low-to-mid-end handsets in developing markets and 2) due to hyper-...
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UPDATE: Oppenheimer Downgrades Universal Display
Friday, November 14, 2014 - 2:21pm | 172Oppenheimer downgraded Universal Display Corporation (NASDAQ: OLED) Friday from Outperform to Perform. Analysts Andrew Uerkwitz and Martin Yang note that “Universal Display is well positioned long term to be the only supplier of the most important material for OLED displays...With its...
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Oppenheimer: GoPro To Hit Wall In 2015
Saturday, November 1, 2014 - 1:44pm | 241GoPro Inc's (NASDAQ: GPRO) head-mounted video camera is going to hit a wall next year amid growing competition and a limited market, an analyst said Friday. San Mateo-based GoPro gained nearly 13 percent Friday after beating third-quarter expectations and offering a promising year-end outlook. Its...
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Oppenheimer: Ignore GoPro's 2014 Holiday Sales
Friday, October 31, 2014 - 9:28am | 199GoPro Inc (NASDAQ: GPRO) on Thursday reported a strong third quarter result coupled with an even stronger guidance. However, Andrew Uerkwitz of Oppenheimer noted that the company's fourth quarter sales, which include the holiday season, aren't as important as many investors assume it is...
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UPDATE: Oppenheimer Upgrades Apple Inc. Shares Before Icahn Letter
Thursday, October 9, 2014 - 9:06am | 236On Thursday, analysts at Oppenheimer Equity Research upgraded shares of Apple Inc. (NASDAQ: AAPL) from Market Perform to Outperform with a $115 price target; analysts also raised estimates. Within the note Andrew Uerkwitz stated, “we expect the iPhone 6/6 Plus to be, by far and away, the...
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Oppenheimer Bullish On Himax Technologies, Inc.
Tuesday, September 30, 2014 - 11:03am | 106On Tuesday, analysts at Oppenheimer raised the price target on shares of Himax Technologies, Inc. (ADR) (NASDAQ: HIMX) to $11 from $8 and reiterated the Outperform rating. Andrew Uerkwitz feels the company’s past troubles are over and Himax is once again demonstrating growth. Uerkwitz...
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UPDATE: Oppenheimer Upgrades Cree
Thursday, July 3, 2014 - 10:11am | 108In a report released Thursday, Oppenheimer analyst Andrew Uerkwitz upgraded Cree (NASDAQ: CREE) from Market Perform to Outperform, with a $59.00 price target. Uerkwitz states Cree is to benefit from the secular trend of LED lighting. Cree is positioned to gain market share and expand its sales...
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UPDATE: Oppenheimer Reiterates on Universal Display Following Investment Thesis Review
Thursday, November 14, 2013 - 11:55am | 133In a report published Thursday, Oppenheimer analyst Andrew Uerkwitz reiterated an Outperform rating on Universal Display Corporation (NASDAQ: OLED), and raised the price target from $37.00 to $44.00. In the report, Oppenheimer noted, “After last week's strong results, we thought it would be worth...
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UPDATE: Oppenheimer Downgrades Veeco Instruments on Near-Term Uncertainty
Tuesday, October 15, 2013 - 11:13am | 161In a report published Tuesday, Oppenheimer analyst Andrew Uerkwitz downgraded the rating on Veeco Instruments (NASDAQ: VECO) from Outperform to Perform, and removed the $42.00 price target. In the report, Oppenheimer noted, “We are downgrading Veeco Instruments to Perform from Outperform and...
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UPDATE: Oppenheimer Downgrades CEVA to Reflect Near-/Medium-Term Challenges
Tuesday, October 8, 2013 - 10:28am | 139In a report published Tuesday, Oppenheimer analyst Andrew Uerkwitz downgraded the rating on CEVA (NASDAQ: CEVA) from Outperform to Perform, and removed the $24.00 price target. In the report, Oppenheimer noted, “We downgrade CEVA to Perform and lower our 2013 and 2014 revenues/EPS estimates to...