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Broadpoint.AmTech: "Apple Must Own Technology Bellwether" (AAPL)
Friday, April 9, 2010 - 1:43pm | 158In the wake of Apple's (NASDAQ: AAPL) OS 4 event held yesterday, Broadpoint.AmTech released a research update on the company. The analysts wrote "we believe the stock is a must-own technology bellwether." According to Broadpoint, AAPL's new mobile advertising platform (iAd), which was unveiled for...
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Broadcom Upgrade (BRCM)
Thursday, February 4, 2010 - 2:44pm | 115Broadcom Corp (NASDAQ: BRCM) was upgraded at Broadpoint.AmTech today to Buy and the price target was raised from $33 to $36. The analysts said in their report that they view BRCM "as a broad play on an Enterprise/Consumer/PC recovery with secular growth opportunities from handset basebands and...
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Broadpoint Reiterates Buy Rating On SuccessFactors (SFSF)
Thursday, February 4, 2010 - 1:14pm | 119Broadpoint.AmTech released a research report today in which they reiterated their Buy recommendation on shares of SuccessFactors (NASDAQ: SFSF). The firm has a $19 price target on the stock. SuccessFactors (SFSF) reports earnings tomorrow. Broadpoint is looking for upside to consensus revenue and...
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Google To Offer Nexus One Directly, (GOOG, MSFT)
Wednesday, January 6, 2010 - 1:07pm | 108Google Inc’s (NASDAQ: GOOG) Nexus One will be offered directly through this link for $179 with a 2-year contract with T-Mobile in the US, or for $529 unlocked, and also in three European test markets including the UK, Singapore and Hong Kong. Google said that it remains committed to its Android OEM...
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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...
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Emergence Of Mobile Apps: A Threat To Google (GOOG) And Yahoo (YHOO)
Thursday, December 31, 2009 - 9:28am | 124According to a recent report released by Broadpoint.AmTech, the emergence of mobile apps is likely to change the ‘search’ habits of net surfers. In recent times, Google (NASDAQ: GOOG) has witnessed 30% q/q growth in its mobile search traffic. Mobile apps have also given rise to new business models...
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Mosaic Company (MOS) Gets A ‘Buy’ Rating
Thursday, December 31, 2009 - 9:23am | 108Mosaic Company (NYSE: MOS) is expected to release it Q2Y2010 (quarter ending in November, 09) report on January 5,2010. According to a recent report released by Broadpoint.Amtech, Mosaic Company has been given a 12-months price target of $65 along with a ‘Buy’ rating. According to the report, the...
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International Iphone Opportunity To Drive Apple's Growth
Monday, December 28, 2009 - 2:16pm | 74According to Broadpoint.AmTech, Apple (NASDQ: AAPL) is a must own technology stock with a price target of $260, backed by Iphone’s international expansion possibilities. Despite a current footprint in 90+ countries and 140+ carriers (effectively approx. 1.8 billion subscribers), Iphone is still in...
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Intel (INTC) Best Value in Semis, Earnings To Disprove Concerns
Monday, December 28, 2009 - 1:59pm | 101Broadpoint.Amtech reiterated its buy rating on Intel Corp. (NASDAQ: INTC) with a target of $29 even as it lowered the multiple to 14x. Strength in server and notebook markets will guide the revenue close to the upper end of management’s guidance while reduced taxes guided by the management (20%...
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MSFT’s New CFO May Retain Most of the Financial Discipline and Cost Management Initiatives
Wednesday, November 25, 2009 - 2:39pm | 127Yun Kim of Broadpoint.Amtech reiterated her “buy” rating on Microsoft Corporation (NASDAQ: MSFT). The target price for MSFT is set to $33. MSFT said that its CFO Chris Liddell will be leaving the company at year end to pursue better opportunities and he will be succeeded by the current CFO of MSFT...