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Audience Down 15% On Lower Chip Demand From Samsung
Friday, August 1, 2014 - 4:22pm | 289Audience (NASDAQ: ADNC) fell more than 15 percent on a weak outlook for the second half of 2014. The company provides audio processors for smartphones and Samsung represented 72 percent of its recent second-quarter sales. But Samsung recently forecast substantially lower-than-expected demand...
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Analysts Say BlackBerry 'Still In The Woods,' Stock Up Anyway
Friday, June 20, 2014 - 1:47pm | 257BlackBerry (NASDAQ: BBRY) gained nine percent after opening sharply higher Friday when it posted a narrower-than-expected quarterly loss. Despite BlackBerry's relatively rosy first-quarter revenue of $966 million and an adjusted loss of $0.11 per share, analysts were largely unmoved. But...
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UPDATE: Cisco Shares Up ~1% Following Deutsche Bank Upgrade
Tuesday, May 27, 2014 - 3:12pm | 187In a report published Tuesday, Deutsche Bank analyst Brian Modoff upgraded Cisco Systems (NASDAQ: CSCO) from Hold to Buy and raised the price target from $25.00 to $30.00 following Cisco Live. Modoff wrote, “A mosaic view from our meetings with the networking IT channel, IT buyers, and senior...
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Analysts Comment On Cisco Ahead Of Earnings
Wednesday, May 14, 2014 - 3:13pm | 566Cisco (NASDAQ: CSCO) reports third quarter results on Wednesday after the market-close. Analysts estimate third quarter EPS of $0.48 and revenue of $11.38 billion. The company's earnings conference call is expected to start at 4:30 p.m. (ET). Analysts Comment On Cisco SunTrust analyst Inder...
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Analysts Optimistic On Juniper's New Operating Plan
Sunday, February 23, 2014 - 10:17am | 729Shares of Juniper Networks, Inc. (NYSE: JNPR) are gaining traction on Friday following management's announcement of a new "Integrated Operating Plan" after Thursday's close. Shares of Juniper have gained 2.4 percent in pre-market trading as investors respond to management's plans to spend $1...
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Cisco Earnings Preview: What The Analysts Are Saying
Wednesday, February 12, 2014 - 2:53pm | 806Tech heavyweight Cisco (NASDAQ: CSCO) is set to report its second quarter results after the closing bell on Wednesday. The consensus EPS is $0.46 on revenue of $11.03 billion. When Cisco reported its first quarter results in November, the company beat the consensus EPS by two cents but revenue...
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UPDATE: Deutsche Bank Initiates Coverage On Mavenir On Favorable Risk/Reward
Thursday, December 5, 2013 - 9:19am | 164In a report published Thursday, Deutsche Bank analyst Brian Modoff initiated a Buy rating on Mavenir (NYSE: MVNR) and initiated a price target of $14.00. In the report, Deutsche Bank says "We view Mavenir as a thematic small cap idea; a pure play on the +$15B multi- year telco spend on 4G mobile...
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UPDATE: Deutsche Bank Initiates Coverage On CommScope On Global Reach And Seasoned Management Team
Wednesday, December 4, 2013 - 8:50am | 142In a report published Wednesday, Deutsche Bank analyst Brian Modoff initiated a Buy rating on CommScope (NASDAQ: COMM) and a price target of $22.00. In the report, Deutsche Bank says "CommScope is provider of communication infrastructure equipment, primarily selling to service providers and...
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UPDATE: Deutsche Bank Downgrades Cisco Systems On APJC Weakness
Thursday, November 14, 2013 - 9:12am | 158In a report published Thursday, Deutsche Bank analyst Brian Modoff downgraded Cisco Systems (NASDAQ: CSCO) from a Buy rating to a Hold rating and lowered the price target from $28.00 to $25.00. In the report, Deutsche Bank says "Cisco's results [Q1: $12.09B / 53c; Q2 guide: $11.01B / 46c; midpoint...
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UPDATE: Deutsche Bank Reiterates on F5 Networks on Solid Beat and Raise Story
Thursday, October 24, 2013 - 11:04am | 147In a report published Thursday, Deutsche Bank analyst Brian Modoff reiterated a Buy rating on F5 Networks (NASDAQ: FFIV), and raised the price target from $100.00 to $107.00. In the report, Deutsche Bank noted, “Solid beat and raise story; reiterate our Buy rating. Strong results from F5: Q4 ($395...
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UPDATE: Deutsche Bank Downgrades Riverbed Technology to Sell on Lowered FY14 Estimates
Tuesday, August 20, 2013 - 10:35am | 155In a report published Tuesday, Deutsche Bank analyst Brian Modoff downgraded the rating on Riverbed Technology (NASDAQ: RVBD) from Hold to Sell, and lowered the price target from $14.00 to $11.00. In the report, Deutsche Bank noted, “We are downgrading RVBD from Hold to Sell; lowering our FY14 est...
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UPDATE: Deutsche Bank Raises PT on Qualcomm on Market Leader Position
Monday, August 19, 2013 - 10:55am | 141In a report published Monday, Deutsche Bank analyst Brian Modoff reiterated a Buy rating on Qualcomm (NASDAQ: QCOM), and raised the price target from $78.00 to $80.00. In the report, Deutsche Bank noted, “Qualcomm (Buy, USD66.93) looks poised to extend lead in 2014. Over the past month we have...
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UPDATE: Deutsche Bank Raises PT on Cisco Systems Ahead of Q4 Report
Monday, August 5, 2013 - 11:00am | 160In a report published Monday, Deutsche Bank analyst Brian Modoff reiterated a Buy rating on Cisco Systems (NASDAQ: CSCO), and raised the price target from $26.00 to $28.00. In the report, Deutsche Bank noted, “Cisco reports Aug 14. We are modeling Q4: $12.41B / 51c and Q1: $12.51B / 50c vs...
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UPDATE: Deutsche Bank Downgrades Ixia Following Negative Pre-Announcement
Tuesday, July 9, 2013 - 10:34am | 163In a report published Tuesday, Deutsche Bank analyst Brian Modoff downgraded the rating on Ixia (NASDAQ: XXIA) from Buy to Hold, and lowered the price target from $21.00 to $17.00. In the report, Deutsche Bank noted, “Ixia negatively pre-announced after market-close today - calling for Q2 revs...
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UPDATE: Deutsche Raises PT on Cisco Systems Following Cisco Live Meetings
Monday, July 1, 2013 - 11:33am | 140In a report published Monday, Deutsche Bank analyst Brian Modoff reiterated a Buy rating on Cisco Systems (NASDAQ: CSCO), and raised the price target from $25.00 to $26.00. In the report, Deutsche Bank noted, “Key takes: 1) Note high conviction from management on Cisco's competitive position in...