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Analysts Dissect ON Semiconductor's Acquisition Of Quantenna
Thursday, March 28, 2019 - 8:57am | 412ON Semiconductor Corp (NASDAQ: ON) reached an agreement to acquire Quantenna Communications Inc (NASDAQ: QTNA), a leader in Wi-Fi technologies. Here is a summary of some of the Street's initial reactions to the $1 billion acquisition. The Analysts Raymond James' Chris Caso maintains a...
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Apple As A Service: Analysts Break Down Apple TV+, Apple News+ And Apple Arcade
Tuesday, March 26, 2019 - 11:45am | 1097Apple, Inc. (NASDAQ: AAPL) had one of its most important new service unveilings in recent memory on Monday, giving fans their first glimpse at streaming service Apple TV+, subscription gaming service Apple Arcade and news service Apple News+. Unfortunately for investors, Apple didn't...
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What Everybody Is Saying Ahead Of Apple's Streaming Video Event
Friday, March 22, 2019 - 4:20pm | 834Apple, Inc. (NASDAQ: AAPL) is expected to unveil its highly anticipated Apple TV streaming video service on Monday. The special event takes place at Apple headquarters in Cupertino starting at 1 p.m. ET. Monday’s Event Apple investors are hoping the company reveals key details about the...
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Wall Street Remains Bullish On Micron
Thursday, March 21, 2019 - 10:40am | 707Micron Technology, Inc. (NASDAQ: MU) shares traded higher by 9 percent Thursday after the chipmaker reported second-quarter earnings and revenue beats. The results were a pleasant surprise for investors concerned about the impact of a memory supply glut glut driven by a softening global smartphone...
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Sell-Side Largely Bullish On Nvidia, With Eye On Anticipated Second-Half Recovery
Wednesday, March 20, 2019 - 10:19am | 685NVIDIA Corporation (NASDAQ: NVDA) held its investor day Tuesday in conjunction with its GTC Developers Conference. The Analysts Bank of America Merrill Lynch analyst Vivek Arya maintained a Buy rating and a $193 price target for Nvidia shares. RBC Capital Markets analyst Mitch Steves maintained...
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Analysts Dissect Nvidia's Product Announcements: 'Evolutionary Rather Than Game-Changing'
Tuesday, March 19, 2019 - 11:04am | 720NVIDIA Corporation (NASDAQ: NVDA) is holding its GPU tech conference through Thursday, and CEO Jensen Huang delivered the keynote Monday. The chipmaker reported a fourth-quarter revenue drop Feb. 14 and announced the $6.9-billion purchase of Mellanox Technologies, Ltd. (NASDAQ: MLNX...
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Analysts Bump Up Broadcom Price Targets Following Q1 Earnings
Friday, March 15, 2019 - 3:12pm | 621Broadcom Inc (NASDAQ: AVGO) shares are seeing a nice lift following the release of its fiscal first-quarter results. The Analysts UBS Securities analyst Timothy Arcuri maintained a Buy rating for Broadcom and raised the price target from $275 to $300. Raymond James analyst Chris Caso reiterated a...
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Analyst: Video Service Highlights Apple's 'Law Of Large Numbers Problem'
Thursday, March 14, 2019 - 2:51pm | 401Raymond James was one of several firms to weigh in on Apple Inc. (NASDAQ: AAPL) Thursday, discussing just how much of an impact the company’s new video streaming and news services will have on the company’s bottom line. The Analyst Raymond James analyst Chris Caso reiterated his Market...
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Analyst: ON Semiconductor's Higher Long-Term Targets Are Achievable
Monday, March 11, 2019 - 2:50pm | 365ON Semiconductor Corp (NASDAQ: ON) announced higher 2022 targets at a Friday investor meeting. The targets, which reflect EPS of $3, FCF of $1.2 billion and revenue CAGR of 5 percent, seem reasonable against the backdrop of attractive industrial and automotive opportunities, according to Raymond...
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Analysts View Skyworks Shares Positively Despite Apple, China Weaknesses
Wednesday, February 6, 2019 - 12:05pm | 643Apple Inc. (NASDAQ: AAPL) supplier Skyworks Solutions Inc (NASDAQ: SWKS) reported in-line first-quarter results and announced a $2-billion stock buyback program Tuesday. The Analysts BMO Capital Market's Ambrish Srivastava maintained an Outperform rating on Skyworks and raised...
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Sell-Side Stays On Sidelines With Qualcomm, Awaits Resolution Of Licensing Disputes
Friday, February 1, 2019 - 4:31pm | 686Mobile chipmaker QUALCOMM, Inc. (NASDAQ: QCOM) reported Wednesday after the market close with mixed quarterly results and in-line second-quarter guidance. The Analysts Bank of America Merrill Lynch analyst Tal Liani reiterated a Neutral rating on Qualcomm shares and lowered the price target from...
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Wall Street Reacts To Apple's Q1 Earnings, Guidance
Wednesday, January 30, 2019 - 11:41am | 1195Many Apple Inc. (NASDAQ: AAPL) investors are breathing a sigh of relief after the company's fiscal first-quarter results came in slightly better than expected and the stock initially jumped higher by more than 5 percent. Here is a summary of how some of the Street's top analysts reacted to...
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Investors Love Xilinx's Q3 Earnings Beat
Thursday, January 24, 2019 - 10:21am | 584Xilinx, Inc. (NASDAQ: XLNX), a supplier of programmable logic devices including best known for inventing the field-programmable gate array and the first fabless manufacturing model, reported a top-and-bottom line beat in its fiscal third-quarter results. Here is a summary of how some of the Street...
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Analysts Stick With Skyworks Stances Despite Lower Q1 Guidance
Wednesday, January 9, 2019 - 1:59pm | 590Apple Inc. (NASDAQ: AAPL) supplier Skyworks Solutions Inc (NASDAQ: SWKS) warned of a revenue shortfall for its fiscal first quarter, attributing the downward guidance revision to unit weakness across major smartphone customers. The Analysts D.A. Davidson analyst Thomas Diffely...
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Broadcom Analysts Downplay Execution Risks, Reduced Transparency Following Strong Q4, Dividend Hike
Friday, December 7, 2018 - 11:16am | 702Despite the sell-side's neutral take ahead of Broadcom Inc (NASDAQ: AVGO)'s fiscal-year fourth-quarter results, the company beat earnings estimates and issued upbeat revenue guidance for the full-year 2019. The company declared a $2.65 per share dividend, up from the prior $1.75 dividend....