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Needham Holds Tesla On Manufacturing Problems, Long-Term Drag On Gross Margins
Friday, June 1, 2018 - 10:52am | 407Tesla Inc (NASDAQ: TSLA) finally earned a Consumer Reports recommendation for its Model 3, but Street analysis suggests it may still have difficulty selling That is, it may take too long developing a product to sell. The Rating Needham analysts Rajvindra Gill and Edwin Mok initiated coverage with...
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Applied Materials' 2020 Goal 'Looks Conservative,' Needham Says In Upgrade
Monday, January 8, 2018 - 3:13pm | 464Armed with increased conviction, Needham upgraded shares of Applied Materials, Inc. (NASDAQ: AMAT). The company's shares have made a strong run over the past year. The Analyst Needham analyst Edwin Mok upgraded shares of Applied Materials from Buy to Strong Buy and increased the price...
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Let The Sun Shine In: The Many Reasons First Solar Is Now A Buy
Friday, October 27, 2017 - 10:41am | 397Analysts at Needham turned bullish on First Solar, Inc. (NASDAQ: FSLR) for several key reasons. The firm's Y. Edwin Mok upgrades
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20% Upside Seen For Cohu Shares As Needham Takes A Bullish View
Monday, September 18, 2017 - 12:14pm | 368Shares of Cohu, Inc. (NASDAQ: COHU) gained more than 10 percent Monday morning and hit a new 52-week high of $22.84 — in part due to an upgrade by analysts at Needham. The firm's Y. Edwin Mok upgraded Cohu's stock rating from Hold to Buy with a newly established $24 price target amid multiple...
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Brooks Automation Shares Running Out Of Room To Run
Monday, September 18, 2017 - 11:57am | 573Needham reassessed shares of Brooks Automation, Inc (NASDAQ: BRKS) Monday, downgrading the shares of the company because the stock price ran ahead of the firm's previous price target of $28. As such, the firm downgraded the shares of the company from Buy to Hold. At the time of writing, shares...
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SolarCity Won't Get Burned By Brexit, Analysts Say
Monday, June 27, 2016 - 11:41am | 225Investors are scrambling to find out how their individual stocks or portfolio will perform following the Brexit vote. Here's a look at how SolarCity Corp (NASDAQ: SCTY) and other solar-related names should perform, courtesy of analysts at Needham & Co. and Investopedia. Investopedia cited a...
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Report: SunEdison Has Retained Law Firm As Bankruptcy Counsel
Wednesday, April 6, 2016 - 11:34am | 562Sunedison Inc (NYSE: SUNE) may have retained a bankruptcy counsel, according to a report on SparkSpread, a news outlet focused on energy financing and trading in real time. The headline from SparkSpread read, "Exclusive: SunEdison said to retain bankruptcy counsel. SunEdison is understood...
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Needham Drops Sunedison Bomb: Assets Will Sell For 'Pennies,' Bankruptcy Is Only Possible Outcome
Tuesday, April 5, 2016 - 4:31pm | 350In a rare mid-day analysis, Needham's Edwin Mok dropped coverage of Sunedison Inc (NASDAQ: SUNE), warning that bankruptcy is the "only viable outcome" for the struggling solar company. Mok pulled his Hold rating on Sunedison amid what he called a "cash crunch as the result of...
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Integrated Silicon Solution, Inc. (ISSI) Maintains Buy Rating; Price Target Raised
Tuesday, March 23, 2010 - 10:55am | 108Analyst Y. Edwin Mok at Needham has released an update on Integrated Silicon Solution, Inc. (NASDAQ: ISSI). Integrated Silicon Solution raised its second-quarter guidance on the back of strong demand and pricing. The company has raised its revenue guidance for its second-quarter from $48-$52...