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Craig-Hallum No Longer A Square Bear, Says Risks Priced Into Stock
Wednesday, September 18, 2019 - 11:41am | 362The bearish case for Square Inc (NYSE: SQ) can no longer be justified, as the stock's decline since its 2018 peak now reflects multiple concerns, according to Craig-Hallum. The Analyst Bradley Berning upgraded Square's stock rating from Sell to Hold with a price target lifted from $55 to $...
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Craig-Hallum: Lumentum's Oclaro Purchase Could Trigger Further M&A In Optical Sector
Tuesday, March 13, 2018 - 3:21pm | 357Lumentum Holdings Inc (NASDAQ: LITE) reached an agreement to acquire Oclaro Inc (NASDAQ: OCLR) in a deal that makes "strong strategic sense" for the companies and highlights the longer-term potential of the optical sector, according to Craig-Hallum Capital Group. The Analyst...
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Analyst Sees Sothebys' EPS Growth Held Back Buy Costs, Competition
Tuesday, March 3, 2015 - 1:21pm | 299Sothebys (NYSE: BID) earnings growth will be held back by lower-than-expected cost cutting as well as competitive pressure on its commission margins, an analyst said Tuesday. Craig Hallum's George Sutton downgraded the art auction company to Hold, from Buy, cutting his target more than 4...
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Craig-Hallum Maintains Buy Rating On NetScout Systems, Inc. (NTCT)
Wednesday, April 14, 2010 - 1:47pm | 137Analysts Eric Martinuzzi and Ryan R. Bergan at Craig Hallum have released an update on NetScout Systems, Inc. (NASDAQ: NTCT). The company released preliminary results for the fourth-quarter on Tuesday. Based on these results, FY10 non-GAAP revenue is expected to be in the range of $261-$262 million...