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Barclays Expects Strong Q3 Results From Broadcom
Tuesday, August 30, 2016 - 11:50am | 420Read More...Barclays expects another solid quarterly results and outlook from Broadcom Ltd (NASDAQ: AVGO) when it reports its third quarter financials on September 1, driven by RF gains and strong performance in its wired segment. The brokerage expects third-quarter EPS/revenue of $2.78/$3.75 billion, versus...
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Barclay's Doesn't Expect Micron To Return To Profitability Until 2H 2017; Stock Drops >8%
Friday, July 1, 2016 - 11:34am | 321Read More...Micron Technology, Inc. (NASDAQ: MU) reported a roughly in-line quarter for CQ2, while issuing its CQ3 guidance well below expectations, guiding to a third successive quarter of losses. Barclays’ Blayne Curtis maintains an Overweight rating on the company, with a price target of $14. Return...
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Broadcom Strong Despite A Weak Apple
Friday, June 3, 2016 - 7:59am | 336Read More...Broadcom Ltd (NASDAQ: AVGO) announced its first quarterly results after the Avago merger, reporting a beat and raising guidance. Barclays’ Blayne Curtis maintained an Overweight rating for the company, while raising the price target from $170 to $185. The analyst said that the company...
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Barclays Downgrades Nvidia, Likes Skyworks, Cirrus And Others
Thursday, January 14, 2016 - 11:35am | 489Read More...NVIDIA Corporation (NASDAQ: NVDA) shares have been on an upward trend for the past six months, and have gained 40 percent since July 15. Barclays’ Blayne Curtis downgraded the rating for the company from Equal-Weight to Underweight, while raising the price target from $23 to $25....
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Wall Street Bullish On Micron Ahead Of Earnings
Thursday, December 17, 2015 - 2:09pm | 445Read More...Micron Technology, Inc. (NASDAQ: MU) is down 58.9 percent in 2015. The company reports quarterly earnings on December 22. Wall Street seems mostly bullish on the stock ahead of earnings. Micron Technology shareholders can’t wait for 2015 to be over. The stock has dropped 58.9 percent this...
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Apple Issues Lead Barclays To Downgrade Analog Devies
Friday, December 4, 2015 - 8:52am | 373Read More...Analog Devices, Inc. (NASDAQ: ADI) shares have climbed 7 percent in the last three months, even after hitting a low of $53.47 on September 28. Barclays’ Blayne Curtis downgraded the rating on the company from Overweight to Equal-Weight, while reducing the price target from $70 to $60...
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Xilinx's Guidance Shows 'It's Not So Bad Out There'
Thursday, October 15, 2015 - 11:10am | 479Read More...The share price of Xilinx, Inc. (NASDAQ: XLNX) has increased 11.4 percent over the last month, reaching a high of $45.38 on October 14. Barclays’ Blayne Curtis has maintained an Equal-Weight rating and price target of $41 on the company, while Ian Ing of MKM Partners has maintained a...
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Is It Finally Time? Barclays Starts Coverage On Micron And SanDisk
Monday, September 21, 2015 - 4:11pm | 404Read More...The huge decline in semiconductor stocks this year has created buying opportunities. Demand weakness should subside in 2016. Barclays is bullish on Micron Technology, Inc. (NASDAQ: MU) at current levels, but needs to see more positive data out of SanDisk Corporation (NASDAQ: SNDK) in the near term...
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Why Losing Cisco Is Problematic To EZChip
Thursday, May 14, 2015 - 2:10pm | 309Read More...Barclays cut its price target on EZchip Semiconductor Ltd (NASDAQ: EZCH) Thursday from $23 to $16 and maintained a Equal-Weight rating. Analysts Joseph Wolf and Blayne Curtis said the company’s Q1 results and guidance were overshadowed by the loss of Cisco Systems, Inc. (NASDAQ: CSCO) for...
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Barclays Analyst Sees iPhone Content Gains For Avago Technologies
Tuesday, May 12, 2015 - 4:28pm | 241Read More...Avago Technologies Ltd (NASDAQ: AVGO) will be among companies benefiting from upcoming versions of the iPhone, an analyst said Tuesday. Barclay's Blayne Curtis reinstated coverage of Avago with an Overweight rating and called it a "top idea" among radio frequency...
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Barclays Explores The Semiconductor Space, Says The RF 'Golden Age' Is Losing Luster
Tuesday, April 14, 2015 - 8:38am | 450Read More...In a report published Tuesday, Barclays analyst Blayne Curtis previewed the semiconductors space heading in to the first quarter earnings season. According to Curtis, semiconductor firms are expected to report "largely better" results and guidance but some softness in PCs and China...
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Analog Devices Shares Rocket Higher Following Barclays Upgrade
Monday, March 30, 2015 - 2:23pm | 306Read More...Shares of Analog Devices, Inc. (NASDAQ: ADI) are up about 9.5 percent on Monday's midday, following Barclays' analyst Blayne Curtis and Equity Research Associate Christopher Hemmelgarn upgrade from Equal-weight to Overweight. They also raised the price target from $55 to $70. What's...
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This Little-Known Company Could Benefit From Apple For Years To Come
Monday, March 30, 2015 - 9:13am | 302Read More...In a report published Monday, Barclays analyst Blayne Curtis upgraded shares of Analog Devices, Inc. (NASDAQ: ADI) to Overweight from Equal-weight with a price target raised to $70 from a previous $55 as the company has secured multiple sockets across Apple Inc. (NASDAQ: AAPL)'s iPhone and...
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UPDATE: Barclays Capital Reiterates Raises PT On Spansion On Substantial Further Upside Potential
Monday, December 29, 2014 - 11:00am | 191Read More...In a report published Monday, Barclays Capital analyst Blayne Curtis reiterated an Overweight rating on Spansion (NYSE: CODE), and raised the price target from $30.00 to $40.00. In the report, Barclays Capital noted, “While many (us included) were initially surprised by this merger agreement when...
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UPDATE: Barclays Capital Reiterates Raises PT On Cypress Semiconductor On Substantial Further Upside Potential
Monday, December 29, 2014 - 10:59am | 194Read More...In a report published Monday, Barclays Capital analyst Blayne Curtis reiterated an Equal-Weight rating on Cypress Semiconductor Corporation (NASDAQ: CY), and raised the price target from $12.00 to $16.00. In the report, Barclays Capital noted, “While many (us included) were initially surprised by...
