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7 Intel Analysts Focus On Q3 Earnings, Cost-Cutting Plan
Friday, October 28, 2022 - 10:50am | 813Intel Corporation (NASDAQ: INTC) reported Thursday its third-quarter results, with revenue of $15.3 billion, down 20% year-over-year. The semiconductor major had earnings of 59 cents in the quarter, significantly ahead of Street expectations. Rosenblatt Securities On Intel Analyst Hans...
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AMD Analysts Cut Price Targets After Chipmaker Lowers Guidance, But 'Long-Term Opportunity' Remains
Friday, October 7, 2022 - 2:16pm | 682Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) hit new 52-week lows on Friday after the company came out with lower third-quarter guidance Thursday after the market close. The company said its third-quarter revenue would hit $5.6 billion, lower than a previous outlook of $6.7 billion....
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Drexel Hamilton Starts Skyworks At Buy, Sees 40% Upside
Tuesday, October 20, 2015 - 9:48am | 281The share price of Skyworks Solutions, Inc. (NASDAQ: SWKS) has declined 24.37 percent in the last three months, hitting a low of $77.47 on October 13. Drexel Hamilton’s Cody Acree has initiated coverage of the company with a Buy rating and price target of $110. Acree believes that...
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Analyst: PC Weakness Too Much For Advanced Micro Devices
Friday, April 17, 2015 - 8:45am | 274In a report published Friday, Ascendiant Capital Markets analyst Cody Acree downgraded shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) to Hold from Buy with no assigned price target (previous price target was $4.50) following its first quarter results. "Following Intel Corporation's negative...
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Ascendiant Capital Raises Texas Instruments Price Target
Tuesday, January 27, 2015 - 9:58am | 145Ascendiant Capital on Tuesday reiterated Texas Instruments Incorporated (NASDAQ: TXN) as a Buy and raised their price target to $64 from $56. Analysts Cody Acree and David Williams wrote, “The firm maintained gross margins at 58%, down just 40 bps sequentially from last quarter's...
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UPDATE: Ascendiant Upgrades InvenSense
Wednesday, July 30, 2014 - 11:45am | 101In a report released Wednesday, Ascendiant analyst Cody Acree upgraded InvenSense (NYSE: INVN) to Buy. Ascendiant has a $29.00 price target on the company. Analysts at Ascendiant have high anticipations for InvenSense with its conducted business on Apple's iPhone 6 and wearables, as well as...
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Williams Financial Claims Other Analysts Overlooked Advanced Micro Devices' Upside
Friday, October 18, 2013 - 4:09pm | 292Williams Financial analyst Cody Acree maintains his bullish view on Advanced Micro Devices, Inc (NYSE: AMD) after a hit to shares following Q3 results. This morning, Bank of America and Merrill Lynch downgraded their Buy rating to Neutral. Citigroup and Bernstein lowered their price target on...