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Sell-Side Analysts 'Gather Round' After Apple Unveils New iPhone, Watch
Thursday, September 13, 2018 - 4:08pm | 1029The pricing of Apple, Inc. (NYSE: AAPL)’s new iPhones and the addition of heart monitoring features to the Apple Watch were among the areas sell-side analysts focused on after Wednesday's product rollout in Cupertino. The Analysts Oppenheimer analyst Andrew Uerkwitz maintained a...
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'Escaping The Penalty Box': Wall Street Reacts To EA's 'Battlefield' Delay
Friday, August 31, 2018 - 10:45am | 710Electronic Arts Inc. (NASDAQ: EA) announced a delay Thursday in the highly anticipated release of "Battlefield V" and lowered its guidance. The Analysts UBS analyst Eric Sheridan reiterated a Buy rating on Electronic Arts and lowered the price target from $176 to $166. BMO Capital...
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Macquarie Sees eBay Exploring M&A If It Can't Reaccelerate By 2019
Friday, July 20, 2018 - 10:25am | 388Amazon.com, Inc. (NASDAQ: AMZN)’s marketing strategy and overall sales continue to threaten other retailers, and eBay Inc (NASDAQ: EBAY) is no exception, according to Macquarie. The Analyst Macquarie analyst Benjamin Schachter maintained a Neutral rating on eBay and...
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Macquarie Downgrades Twitter, Says Valuation 'Will Likely Limit Upside'
Wednesday, July 18, 2018 - 10:55am | 324User trends, limited catalysts and valuation concerns triggered a downgrade of Twitter, Inc. (NYSE: TWTR) by Macquarie on Wednesday. The Analyst Macquarie analyst Benjamin Schachter downgraded Twitter from Outperform to Neutral with a price target lifted from $36 to $42. The...
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Macquarie: Apple's WWDC Was 'Relatively Low-Key'
Tuesday, June 5, 2018 - 11:21am | 399Apple Inc. (NASDAQ: AAPL) hosted its WWDC 2018 presentation Monday, and in Macquarie Research's view it was a "relatively low-key event" with "no big surprises." The Analyst Analyst Benjamin Schachter maintains an Outperform rating on Apple with an unchanged $...
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Analysts Speak Up On Facebook's Big Quarter
Thursday, April 26, 2018 - 2:38pm | 462Facebook, Inc. (NASDAQ: FB) ripped higher by 10 percent on Thursday after the company reported better-than-expected first-quarter earnings and proved that concerns over the Cambridge Analytica scandal were overblown. Here’s a rundown of what Wall Street had to say about Facebook stock...
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Analysts Cut Zynga Targets On Lower Outlook
Friday, August 8, 2014 - 2:52pm | 362Zynga's (NASDAQ: ZNGA) disappointing results and its disclosure that product launch delays will result in lower-than-expected 2014 earnings drew disapproval from Wall Street analysts Friday. "So far, Zynga has failed to deliver," Macquarie's Benjamin Schachter said in a note...
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Macquarie: Ignored Line In Apple's Quarterly Reports Is Key To Growth
Thursday, August 7, 2014 - 2:02pm | 267Apple (NASDAQ: AAPL) investors may be misunderstanding or ignoring the importance of the line item iTunes/Software/Services in its quarterly reports, one analyst said Thursday. The line item includes revenue from the iTunes Store, the App Store, the Mac App Store and the iBooks Store. It grew...
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Broadpoint AmTech Maintains Buy Rating For Yahoo! Inc. (YHOO)
Friday, April 9, 2010 - 10:35am | 97Analysts Benjamin Schachter and Thomas C. White at Broadpoint AmTech have released an update on Yahoo! Inc. (NASDAQ: YHOO). Yahoo has confirmed to analysts at Broadpoint AmTech that Ari Balogh, CTO and EVP of products, will be leaving the company for personal reasons. Balogh was involved in...
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eBay Inc. (EBAY) Maintains Buy Rating And $29 Price Target
Wednesday, March 31, 2010 - 11:31am | 108Analysts Benjamin Schachter and Thomas C. White at Broadpoint AmTech have released an update on eBay Inc. (NASDAQ: EBAY). On Tuesday, eBay announced that it was in the process of re-branding and re-focusing its classifieds strategy in the U.S. According to analysts, the company has experienced...
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Google, Inc. (GOOG) Maintains Buy Rating And $650 Price Target
Wednesday, January 6, 2010 - 11:24am | 155Broadpoint.Amtech gives a buy rating and $650 Price Target On Google, Inc. (NASDAQ: GOOG). Google Inc. introduced an innovative, high-end "super phone" that will set the bar for Android devices, but it is clearly evolutionary, not revolutionary. Investors were left to ponder a variety of questions...