Collins Stewart

Collins Stewart remains Buy-rated with an $18 price target on Fabrinet (NYSE: FN) as the company looks to rebound in the March quarter following recovery progress from Thai floods. Collins Stewart says, "We upgraded the shares back on 11/3, not due to expectations for the Dec. qtr, but from...

Collins Stewart reiterates its Neutral rating and $180 target price on Amazon.com (NASDAQ: AMZN) as a surprising 4Q miss and disappointing 1Q guide from the company does not materially impact investment thesis. Collins Stewart says, "Amazon reported a mixed 4Q, with revenues of $17.4B missing...

Collins Stewart maintains its Neutral rating and $35 target price on Dolby (NYSE: DLB) as the company reports in-line results for its December quarter. Collins Stewart says, "DLB reports inline FQ1'12 (Dec) results and maintains its FY'12 (Sept) outlook, despite concerns of HDD shortages...

Collins Stewart has lowered the price target on Amazon.com (NASDAQ: AMZN) from $190 to $180 and maintains its Neutral rating.

Collins Stewart has published a research report on Baidu (NASDAQ: BIDU) ahead of the company's earnings report and says to expect in-line results. In the report, Collins Stewart writes, "We expect Baidu to report a 4Q that is in-line or a slight miss, compared to consensus revenue / PF EPS...

Collins Stewart reiterates its Buy rating on Volterra Semiconductor (NASDAQ: VLTR) and raises its price target to $35 from $29 as the company provides in-line results and outlook and Romley begins to ramp. Collins Stewart says, "Our increased PT reflects better than expected EPS results and the...

Collins Stewart maintains its Buy rating and $108 price target on VMware (NYSE: VMW) as it expects good results from the company following 4Q preview. Collins Stewart says, "We believe the company closed another strong quarter and with the shares trading down recently, in-line with the software...

Collins Stewart maintains its Buy rating and $750 target price on Google (NASDAQ: GOOG) as 4Q miss on CPC pressure does not affect investment thesis. Collins Stewart says, "Net revenues of $8.1B (up 28% Y/Y, up 8% Q/Q) were 3% lower than consensus of $8.4B, due to adverse FX impact of $239M Q/Q...

Collins Stewart reiterates its Neutral rating and $36 target price on Verizon (NYSE: VZ) as it adjusts the company's estimates based on its iPhone strength. Collins Stewart says, "We are adjusting our 4Q11 and FY2011 EPS estimates following the conversation at an investor conference earlier this...

Collins Stewart maintains its Buy rating and $9 target price on Flextronics (NASDAQ: FLEX) as the company shifts away from some High Velocity works. Collins Stewart says, "Flextronics reported Dec qtr revenue of $7.5B which was at the high end of prior lowered guidance. EPS of $0.18 was at the...

Collins Stewart reiterates its Buy rating and $33 target price on Microsoft (NASDAQ: MSFT) as the company's focus returns to product launches. Collins Stewart says, "MSFT's commentary last week that PC sales in the December quarter were worse than expected raised investor concerns about a...

Collins Stewart maintains its Buy rating on Intuitive Surgical (NASDAQ: ISRG) and increases its price target to $515 from $475 as they believe shares will move higher after taking a temporary breather. Collins Stewart says, "With ISRG's stock price hovering around its all-time high, we are not...

Collins Steward maintains its Buy rating and $210 target price on IBM (NYSE: IBM) as the company maintains its consistency in results. Colins Stewart says, "With moderated expectations, IBM's 4Q11 results of $29.5B, up 2% y/y vs. consensus of $29.7B with EPS of $4.71 vs. the Street's $4.62 were...