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Why Broadcom Will Likely Be A Big Winner From Apple's iPhone Launch
Tuesday, September 12, 2017 - 1:33pm | 436Read More...Apple Inc. (NASDAQ: AAPL)'s new product launch event on Tuesday could prove to be an encouraging development for Broadcom Ltd (NASDAQ: AVGO) and Intel Corporation (NASDAQ: INTC), according to JPMorgan's Harlan Sur. Broadcom could emerge a winner from Apple's event, as more of its technologies will...
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JPMorgan Weighs In On An Improving Semiconductor Industry And Micron
Friday, July 1, 2016 - 8:04am | 254Read More...Micron Technology, Inc. (NASDAQ: MU) reported in-line F3Q16 results, and announced weaker-than-expected guidance. Despite guidance reflecting the lack of an upturn in financials in the August quarter, improved industry semiconductor fundamentals would likely support the stock till the company...
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JPMorgan Sees An Inflection In Micron's Q3 Sales
Wednesday, June 29, 2016 - 11:08am | 297Read More...Despite the weak DRAM pricing environment, F3Q could mark the bottom for revenue and margins at Micron Technology, Inc. (NASDAQ: MU), JPMorgan’s Harlan Sur said in a report. He maintained an Overweight rating on the company, with a price target of $15. Inflection Likely In August Quarter...
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JPMorgan Sees Even More Upside For Applied Materials
Friday, May 20, 2016 - 2:04pm | 273Read More...JPMorgan analyst Harlan Sur is one of many who were impressed by Applied Materials, Inc. (NASDAQ: AMAT)’s fiscal Q2 earnings and guidance beats. The stock is up more than 12.8 percent in early Friday trading, but Sur sees plenty of upside left for Applied Materials. “We remain...
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JPMorgan Upgrades Mellanox To Overweight, Sees 27% Upside
Thursday, February 25, 2016 - 9:31am | 186Read More...JPMorgan's Harlan Sur upgraded the rating on Mellanox Technologies, Ltd. (NASDAQ: MLNX) to Overweight, with a price target of $67. The company completed the acquisition of EZChip on February 23, for an implied transaction value of $811 million. With this acquisition, Sur believes that...
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Arista Comments On Tomahawk Bode Well For Broadcom
Monday, February 22, 2016 - 11:08am | 255Read More...JPMorgan’s Harlan Sur maintained an Overweight rating for Broadcom Corporation (NASDAQ: BRCM), while saying that the datacenter switch and packet/fabric processor silicon market is expected to generate a double-digit CAGR. Analyst Harlan Sur believes that Broadcom is uniquely positioned...
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Should Analog Device's Warning Spook Apple Investors?
Friday, January 15, 2016 - 11:23am | 262Read More...JPMorgan on Friday highlighted Analog Devices, Inc. (NASDAQ: ADI) after the company announced it expects first quarter revenue to be about 9 percent below its previous forecast. Analysts Rod Hall, Harlan Sur, and Ashwin Kesireddy gave their opinion on this news and how it affects Apple Inc. (...
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J.P. Morgan: SanDisk-Western Digital Could Be 'Powerhouse'
Tuesday, October 20, 2015 - 9:34am | 342Read More...SanDisk Corporation (NASDAQ: SNDK) shares are down 29 percent year-to-date, remaining below the $80 mark since end-March. JP Morgan’s Harlan Sur maintained an Overweight rating on the company. A potential bid for the company by Western Digital Corp (NASDAQ: WDC) could create a...
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Why Microchip, SanDisk Might Be The Way To Play A Semiconductor Rebound
Tuesday, September 8, 2015 - 8:31am | 500Read More...The semiconductor space is one of the most hotly contested sectors between bulls on bears. In a report published Monday, JPMorgan analyst Harlan Sur noted that while some bears are pricing in further downside in semiconductor stocks through the rest of the year, the supply-side dynamics are in...
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Are Intel's Biggest Analysts Bullish?
Wednesday, July 15, 2015 - 2:14pm | 547Read More...Intel Corporation (NASDAQ: INTC) is scheduled to report its second quarter results after market close on Wednesday. Estimize, the crowd-sourced earnings and economic rating site, is estimating Intel will earn $0.52 in the second quarter on revenue of $13.243 billion. This compares to the Wall...
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Wall Street's Early Reaction To The Intel-Altera Deal
Monday, June 1, 2015 - 4:10pm | 500Read More...Intel Corporation (NASDAQ: INTC) on Monday announced it will acquire Altera Corporation (NASDAQ: ALTR) for $16.7 billion or $54 per share. By mid-afternoon, three of Wall Street's top analysts weighed in on the deal. Topeka: ‘Compelling' Synergies And New Product Opportunities...
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JPMorgan's Top 5 Semiconductor Picks Before Earnings
Thursday, April 9, 2015 - 9:31pm | 291Read More...J.P. Morgan issued its top 5 semiconductor stocks on Thursday ahead of earnings. Analysts, led by Harlan Sur, anticipated the majority of the companies under coverage reporting quarterly results would deliver revenue and earnings that are in line with both the firm's and consensus...
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JP Morgan: Broadcom's Team Is 'Executing Well'
Monday, February 2, 2015 - 12:22pm | 308Read More...In a report published Friday, JP Morgan analysts Harlan Sur and Bill Peterson went over Broadcom Corporation’s (NASDAQ: BRCM) fourth quarter-earnings report. They consequently reiterated an Overweight rating on the stock and raised their price target from $54 to $55. The stock traded...
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UPDATE: J.P. Morgan Initiates Coverage on Lam Research as Inflections in Semi Manufacturing Drive Growth Outlook
Monday, October 14, 2013 - 9:32am | 119Read More...In a report published Monday, J.P. Morgan analyst Harlan Sur initiated coverage on Lam Research Corporation (NASDAQ: LRCX) with an Overweight rating and $65.00 price target. In the report, J.P. Morgan noted, “Initiating on LRCX at Overweight with Dec 2014 PT of $65. We believe process complexity...
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UPDATE: J.P. Morgan Initiates Coverage on KLA-Tencor as Inflections in Semi Manufacturing Drive Capital Intensity
Monday, October 14, 2013 - 9:21am | 134Read More...In a report published Monday, J.P. Morgan analyst Harlan Sur initiated coverage on KLA-Tencor Corporation (NASDAQ: KLAC) with an Overweight rating and $76.00 price target. In the report, J.P. Morgan noted, “Initiating on KLAC at Overweight with Dec 2014 PT on $76. We believe KLAC will continue to...
