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Corning Shares Downgraded To Sell By Drexel Hamilton's Brian White
Friday, June 10, 2016 - 3:05pm | 425Read More...Drexel Hamilton's Brian White has downgraded Corning Incorporated (NYSE: GLW) to Sell from Hold, and recommends Apple Inc. (NASDAQ: AAPL), Cisco Systems, Inc. (NASDAQ: CSCO) and International Business Machines Corp. (NYSE: IBM) for value investors. "In our view, Corning's financial engineering with...
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Drexel Hamilton's Brian White Expecting A Strong Quarter Out Of Splunk
Tuesday, May 24, 2016 - 9:00am | 269Read More...Splunk Inc (NASDAQ: SPLK) is scheduled to report its F1QY17 results on May 26. Drexel Hamilton's Brian White maintained a Buy rating for the company, with a price target of $80. The analyst commented that a strong quarter could boost Splunk’s shares in FY17. Splunk’s shares are...
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Drexel Hamilton Sees Signs Of Life In VMware
Tuesday, May 17, 2016 - 5:45pm | 176Read More...Over the past two months, shares of VMware, Inc. (NYSE: VMW) have started to bounce back and the Street is taking notice. Earlier Tuesday, Drexel Hamilton's Brian White released a note saying the stock is showing signs of life in the spring. White states the stock remains "extremely...
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What Are The Takeaways From Corning Earnings?
Tuesday, April 26, 2016 - 5:31pm | 354Read More...Shares of Corning Incorporated (NYSE: GLW) fell as much as 8.4 percent after the LCD panel maker reported mixed quarterly results and a software glitch that cut revenue by $100 million in the quarter. For the first quarter, Corning reported core EPS of $0.28, in line with estimates. But, core...
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iPhone Sales, Profits And Units Will Decline, But The Market Is Looking Forward To iPhone 7
Monday, April 25, 2016 - 9:45am | 468Read More...Apple Inc. (NASDAQ: AAPL) will report its second-quarter numbers on April 26 amid difficult year-over-year comparisons for the iPhone. Additionally, the market is looking ahead for the launch of iPhone 7 in September. In line with other Street analysts, Brian White of Drexel Hamilton sees lower...
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Brian White Hikes IBM Revenue Forecast, Ups Target To $166
Tuesday, April 19, 2016 - 11:00am | 254Read More...International Business Machines Corp. (NYSE: IBM) reported higher than expected Q1 results, while maintaining its EPS guidance for 2016. Drexel Hamilton’s Brian J. White maintained a Buy rating on the company, while raising the price target from $160 to $166. 1Q Upside “Although...
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Drexel Hamilton's 'Apple Monitor' Shows Strong Performance In March
Monday, April 11, 2016 - 12:37pm | 314Read More...Brian White of Drexel Hamilton still believes there is much to look forward to from Apple Inc. (NASDAQ: AAPL) in 2016 and the brokerage's Apple Monitor (i.e., basket of Apple suppliers in Taiwan) March sales performance was stronger than the 11-year average. "We continue to believe...
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White: iPhone SE Should Help Apple In India And China
Monday, March 21, 2016 - 4:05pm | 219Read More...Analyst reactions to Apple Inc. (NASDAQ: AAPL)'s latest product event are slowly rolling in. While Trip Chowdhry said the new phone and tablet are "strong" because they allow Apple's aspirational branding to reach a broader base of consumers, Drexel Hamilton's Brian White...
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Oracle EPS: It's A Beat
Tuesday, March 15, 2016 - 4:59pm | 207Read More...Oracle Corporation (NYSE: ORCL) shares were up 4 percent after-hours on Tuesday after the company reported better-than-expected third quarter earnings of $0.64 per share versus estimates of $0.62. The company missed sales expectations ($9 billion versus $9.13 billion), but did announce a $10...
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Apple A Big Winner From Mobile World Congress
Monday, February 29, 2016 - 3:38pm | 296Read More...On Monday, Drexel Hamilton issued a note on the IT hardware and software industry, specifically highlighting Apple Inc. (NASDAQ: AAPL) and Cisco Systems, Inc. (NASDAQ: CSCO) as being well positioned to benefit from the Internet-of-Things (IoT) trend. Brian White, an analyst at Drexel Hamilton,...
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6 High-Quality Tech Stocks To Buy On The Dip
Saturday, February 13, 2016 - 10:59pm | 341Read More...In a new report, Drexel Hamilton analyst Brian White addressed the 2016 selloff in tech stocks and names six top stock picks investors should be buying on the dip. “In the aftermath of the recent decline, we are highlighting well-positioned, high-quality cash-rich tech stocks… along...
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Drexel Hamilton's Positive Review Of Cisco's Jasper Acquisition
Thursday, February 4, 2016 - 1:02pm | 307Read More...Drexel Hamilton on Thursday issued a report on Cisco Systems, Inc. (NASDAQ: CSCO) after the company announced its purchase of Jasper Technologies. The firm rates Cisco as a Buy with a $34 price target. Analyst Brian White wrote, "Last night, Cisco announced plans to expand the reach of its...
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Brian White: VMware Still Worth $71
Thursday, January 28, 2016 - 11:23am | 258Read More...Drexel Hamilton issued a company note on VMware, Inc. (NYSE: VMW) after the company delivered stronger than expected 4Q15 earnings performance, but issued a lower 2016 outlook. The firm rates VMware as a Buy and lowered its price target from $73 to $71. Analyst Brian White wrote, "We...
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Apple: The Aftermath
Wednesday, January 27, 2016 - 5:53pm | 1633Read More...Apple Inc. (NASDAQ: AAPL) reported its first quarter fiscal 2016 financial results after the market closed on Tuesday. The tech behemoth delivered earnings of $3.28 per share, beating the Street’s consensus by $0.04, on revenue of $75.872 billion, falling short of expectations for $76.855...
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iPhone 7 Is The Early Theme For Bullish Analysts Following Apple's Q1 Report
Tuesday, January 26, 2016 - 7:06pm | 327Read More...iPhone 7 is now on the clock. Apple Inc. (NASDAQ: AAPL) released its Q1 2016 earnings after Tuesday's closing bell. The company reported Q1 EPS of $3.28 versus analyst expectations of $3.23. Revenue came in at $75.87 billion, below the $76.59 billion estimates. Drexel Hamilton analyst...
