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GMXR-PR Posts Disappointing Q4 Results
Monday, March 15, 2010 - 11:09am | 58Analysts at Canaccord Adams downgrade GMX Resources (NASDAQ: GMXR-PR) from "buy" to "hold." The target price for GMXR-PR is set to $10.50. According to Canaccord Adams, the downgrade in the rating follows the announcement of weak Q4 results by GMX Resources. GMXR-PR’s shares closed at $24.24...
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OVTI Issues Inline Guidance
Friday, February 26, 2010 - 2:17pm | 124Analyst Bobby Burleson of Canaccord Adams maintains his "hold" rating on OmniVision Technologies (NASDAQ: OVTI), while reducing his estimates for the company. The target price for OVTI is set to $15. OmniVision Technologies reported its FQ3 results marginally ahead of the consensus. OVTI witnessed...
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Magma Design Automation Price Target Remains at $3 (Nasdaq: LAVA)
Friday, February 26, 2010 - 12:29pm | 99Canaccord Adams analyst Bobby Burleson is initiating a BUY rating for Magma Design Automation (Nasdaq: LAVA). This decision comes after LAVA reported revenues of $31 million and EPS of $0.04 for Q3/10A. These numbers recorded yesterday after the close, finished ahead of consensus estimates which...
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PDF Solutions, Inc. (PDFS) Maintains Hold Rating
Friday, February 5, 2010 - 4:32pm | 103Canaccord Adams has maintained a Hold rating for PDF Solutions, Inc. (NASDAQ: PDFS). The company reported preliminary results for the fourth quarter yesterday, delaying the release of full financials in order to complete a reconciliation of certain income tax accounts. The company reported revenue...
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RIMM Set To Zoom Ahead At Top Speed
Tuesday, January 19, 2010 - 10:39am | 120Analysts at Canaccord Adams reiterate their “buy” rating on Research In Motion Ltd (NASDAQ: RIMM). The target price for RIMM is set to $95. Research In Motion is likely to release its new browser before May this year. Channel checks indicate that this browser will be extremely fast, taking less...
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Apple Media Event On Jan 27 (AAPL)
Tuesday, January 19, 2010 - 10:31am | 95In a research note, analysts from Canaccord Adams said that Apple (NASDAQ: AAPL) had begun issuing invitations for an event scheduled for January 27, 2010 at 9:00 a.m. The event will be held at the Yerba Buena Center for the Arts in San Francisco. Apple (AAPL) is expected to unveil a new tablet...