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Analysts Cite Broadcom's 'Choppier' Backdrop, Wireless Weakness In Neutral Takes
Wednesday, November 28, 2018 - 1:36pm | 488Notwithstanding the stock's lingering risks, the low valuation of Broadcom Inc (NASDAQ: AVGO) shares has prompted two sell-side analysts to stay on the sidelines. The Analysts Morgan Stanley analyst Craig Hettenbach resumed coverage of Broadcom with an Equal-weight rating and $260 price...
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Morgan Stanley Drops Bearish Skyworks Stance After Sell-Off In Apple Supplier's Shares
Wednesday, November 28, 2018 - 12:52pm | 458Shares of Apple Inc. (NASDAQ: AAPL) supplier Skyworks Solutions Inc (NASDAQ: SWKS) have tumbled about 20 percent since the iPhone maker reported quarterly results Nov. 1, but the company could find a reprieve, according to Morgan Stanley. The Analyst Analyst Craig Hettenbach...
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Should You Buy The Skyworks Dip? Analysts Debate
Friday, November 9, 2018 - 3:48pm | 555Skyworks Solutions Inc (NASDAQ: SWKS) reported Thursday its fiscal fourth-quarter results, which came in better than expected but management's first-quarter guidance came in weak. Here is a summary of what some of the Street's top analysts are saying after the print. The Analysts Morgan...
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Morgan Stanley Appreciates Amphenol's Growth Profile, Defensive Nature
Thursday, August 9, 2018 - 1:40pm | 343Amphenol Corporation (NYSE: APH), a designer, manufacturer and marketer of electrical and fiber optic connectors, boasts a better growth profile compared to its peers with more defensive attributes, according to Morgan Stanley. The Analyst Morgan Stanley's Craig Hettenbach upgraded Amphenol...
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ON Semiconductor Faces Potential Multiple Contraction, Morgan Stanley Says In Downgrade
Thursday, August 9, 2018 - 9:38am | 378ON Semiconductor Corp (NASDAQ: ON) shares have run up too fast for Morgan Stanley's liking, prompting the firm to press the sell button. The Analyst Analyst Craig Hettenbach downgraded ON Semiconductor from Equal-weight to Underweight and lowered the price target from $20 to $18.50. The...
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Has Microchip Tech's Recent Run Made The Stock Too Pricey?
Wednesday, November 1, 2017 - 10:09am | 550Morgan Stanley downgraded shares of Microchip Technology Inc. (NASDAQ: MCHP) following big gains. The stock has added 48 percent in the year-to-date period and has gained roughly 87 percent since the start of the third quarter. The firm said it would use the strength in the stock to take some...
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Morgan Stanley Calls For 150% Upside In Ambarella
Wednesday, September 27, 2017 - 9:35am | 707Following its time with Ambarella Inc (NASDAQ: AMBA) management on a road show, Morgan Stanley raised the bull case for the company to $115, suggesting 152-percent upside. The optimistic expectation is based on the firm getting increasingly excited for computer vision. As such, the firm has an...
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Semiconductors: Which Stock Positions To Add To, Which To Take Profits In
Tuesday, September 19, 2017 - 9:12am | 805The hot-and-happening tech sector is going from strength to strength, and the semiconductor sector, which is a major sub-sector within the tech sector, has also performed exceptionally well in recent times. Following its recent checks and distribution survey work, Morgan Stanley discussed in a...
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Morgan Stanley Names Broadcom Top Pick For The Remainder Of The Year
Monday, July 17, 2017 - 1:31pm | 404It’s common knowledge that semiconductor stocks have been on a tear this year. Less obvious, is that Broadcom Ltd (NASDAQ: AVGO) could be the second half’s best performer. Morgan Stanley analyst Craig Hettenbach reiterated an Overweight rating on Broadcom shares with a price target...
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Morgan Stanley Downgrades Impinj Following Nearly 50% Rally Since May 4
Monday, June 19, 2017 - 9:44am | 451After a nearly 50-percent rally in shares of IMPINJ Inc (NASDAQ: PI), analysts at Morgan Stanley are calling an end to the stock's run. Morgan Stanley's Craig HettenbachK downgraded shares of the radio frequency identification provider from Overweight to Equal Weight but with a price target boosted...
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Morgan Stanley Highlights Concerns From Apple Supplier Skyworks' Report
Friday, January 20, 2017 - 11:54am | 410Morgan Stanley reiterated its Underweight rating on Skyworks Solutions Inc (NASDAQ: SWKS), saying the Apple Inc. (NASDAQ: AAPL) supplier is not seeing any operating leverage despite anticipating stronger sales. Q1 Report Skyworks reported better-than-expected first-quarter results and guided second...
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Analog Devices Is One Of Morgan Stanley's Top Overweight Picks
Wednesday, November 16, 2016 - 12:40pm | 332There is upside to the estimates for Analog Devices, Inc. (NASDAQ: ADI) for the next couple of quarters due to “strength in broad-based markets, iPhone upside, and tight opex controls,” Morgan Stanley's Craig Hettenbach said in a report. He reiterated an Overweight rating on the...
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Qualcomm-NXP Deal Proving That The Internet Of Things Has Reached An Inflection Point
Saturday, October 29, 2016 - 9:34am | 379QUALCOMM, Inc.'s (NASDAQ: QCOM) proposed $110 per share offer to acquire NXP Semiconductors NV (NASDAQ: NXPI) serves as a sign that the Internet of Things has reached an inflection point, at least according to Craig Hettenbach of Morgan Stanley. In a report on Friday, Hettenbach...
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Morgan Stanley Upgrades ON Semiconductor, Sees Wide Range Of Potential Positive Opportunities
Thursday, September 22, 2016 - 8:31am | 405Morgan Stanley has upgraded ON Semiconductor Corp (NASDAQ: ON) to Equal Weight from Underweight following the company's highly accretive Fairchild Semiconductor deal, which is balanced by higher debt and the company's checkered history with M&A. "We are Equal-weight ON as sizeable EPS...
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Broadcom Price Target Boosted To $200 At Morgan Stanley
Friday, September 2, 2016 - 9:09am | 355Morgan Stanley has reiterated its Overweight rating and raised its price target on Broadcom Ltd (NASDAQ: AVGO) by $9 to $200 following 4 percent EPS beat in the July quarter as rising dollar content in the upcoming iPhone launch led to a strong rebound in wireless segment. The $200 target...