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Apple Q4 Earnings Preview: Analysts Expect Muted Quarter Ahead Of iPhone 12 Strength
Monday, October 26, 2020 - 9:20am | 642Read More...Apple Inc. (NASDAQ: AAPL), the first U.S. company to hit the $2-trillion market cap landmark, is scheduled to report its fiscal year 2020 fourth-quarter results Thursday, Oct. 29, after the market close. Q4 Expectations For Apple: Analysts, on average, estimate Apple to report earnings per share...
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5 Micron Analysts On Q4 Beat, Huawei Challenges
Wednesday, September 30, 2020 - 1:36pm | 838Read More...Micron Technology, Inc. (NASDAQ: MU) reported strong fourth-quarter results Tuesday, but the stock is losing ground on the Huawei standoff. The Micron Analysts: KeyBanc Capital Markets analyst Weston Twigg maintained an Overweight rating and $70 price target. Needham analyst Rajvindra Gill...
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Why Cree Analysts Are Lifting Price Targets Despite Post-Q4 Selloff
Wednesday, August 19, 2020 - 4:41pm | 498Read More...Lighting company Cree, Inc. (NASDAQ: CREE) reported mixed fiscal fourth-quarter results Tuesday that prompted a selloff in the stock, but two Street analysts see a brighter future. The Cree Analysts: Piper Sandler analyst Harsh Kumar maintains a Neutral rating on Cree's stock with a...
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Qualcomm Analysts Hail Huawei Settlement As Asserting Company's 5G Tech Leadership
Thursday, July 30, 2020 - 12:45pm | 693Read More...QUALCOMM, Inc. (NASDAQ: QCOM) shares are advancing strongly Thursday in reaction to solid quarterly results reported by the wireless technology company and a long-term patent agreement it announced with Huawei. The Qualcomm Analysts Rosenblatt Securities analyst Kevin Cassidy maintained a Buy...
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AMD Analysts Bet On Continuing Momentum Amid Tailwinds, Execution, Intel Missteps
Wednesday, July 29, 2020 - 1:09pm | 1000Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) shares are trading in record territory after the chipmaker reported stellar quarterly results. The AMD Analysts Piper Sandler analyst Harsh Kumar reiterated an Overweight rating on AMD and increased the price target from $60 to $82. Rosenblatt...
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Nvidia Analyst Says AI Is Fueling Data Center Growth
Wednesday, July 15, 2020 - 11:20am | 174Read More...A conversation with a Nvidia exec about artificial intelligence revealed dynamics such as an increase in demand driven by the COVID-19 pandemic, according to Piper Sandler. The Nvidia Analyst: Harsh Kumar maintained an Overweight on Nvidia with a $390 price target. The Nvidia...
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Piper Jaffray: AMD 'More Or Less Fully Valued'
Monday, August 19, 2019 - 2:45pm | 318Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) has an “exciting” product portfolio, but the recent rise in the semiconductor company’s share price is keeping Piper Jaffray on the sidelines. The Analyst Harsh Kumar started coverage of Advanced Micro Devices with a Neutral rating...
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Wall Street Weighs In On Qorvo's Impressive Quarter
Wednesday, May 8, 2019 - 12:11pm | 681Read More...Qorvo Inc (NASDAQ: QRVO) stock traded higher by 6 percent Wednesday after the company easily beat fiscal fourth-quarter earnings and revenue estimates. Qorvo reported revenue of $681 million, gross margin of 48.2 percent and operating income of $167 million. Qorvo said the fourth quarter was even...
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Nvidia Gets Boost From Bullish Piper Jaffray Initiation
Tuesday, March 26, 2019 - 1:05pm | 281Read More...Shares of Nvidia Corporation (NASDAQ: NVDA) are trading at around 33.3 times Piper Jaffray's 2020 estimated non-GAAP EPS, which undervalues the company given multiple catalysts ahead. The Analyst Piper Jaffray's Harsh Kumar initiated coverage of Nvidia with an Overweight rating and $200...
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Stephens Is Buying Integrated Device Tech On Weakness; Stock Plummets Over 22%
Tuesday, February 2, 2016 - 10:55am | 295Read More...On Tuesday, Stephens issued a company report on Integrated Device Technology Inc (NASDAQ: IDTI) after the company reported fourth-quarter earnings and revenue of $0.35 and $177.6 million, meeting consensus estimates. Currently, analysts at Stephens rate Integrated Device Technology as Overweight...
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Stephens Calls Bottom In Semis, Likes These Four Stocks
Tuesday, January 26, 2016 - 2:26pm | 545Read More...Semiconductors stocks have been under significant pressure over the past one month. Stephens’ Harsh Kumar highlighted 4 stocks that he believes are best positioned following the recent pullback. Although the macro environment is challenging, sentiment seems to be worse than the...
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Stephens: We're Buyers Of Cree, See Stock Nearly Doubling
Wednesday, January 20, 2016 - 10:55am | 303Read More...Cree, Inc. (NASDAQ: CREE) shares are down 10 percent since December 21. Stephens’ Harsh Kumar maintained an Overweight rating for the company, with a price target of $40. The company appears poised for growth in commercial lighting, while trends in the LED chip business seem stable...
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Cree Getting Mixed Reviews On Wall Street
Wednesday, October 21, 2015 - 11:20am | 422Read More...Cree, Inc. (NASDAQ: CREE) reported in-line earnings and a revenue beat in its most recent quarter. Negative reaction to earnings is likely due to the company’s relatively weak guidance. Wall Street is mixed when it comes to the future for Cree. Wall Street appears to have a mixed view of...
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Stephens' Harsh Kumar On Semiconductor Weakness: It's A 'Tremendous' Opportunity, Apple Fears Overblown
Wednesday, July 22, 2015 - 1:38pm | 364Read More...Harsh Kumar, Managing Director and Semiconductor analyst at Stephens & Co discussed with Benzinga why the Semiconductor space is showing weakness. Kumar stated that the sector's weakness represents a "tremendous buying opportunity" and advising investors to take advantage of...
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Stephens Analyst: Here's Why I'm Downgrading Skyworks Solutions
Monday, April 6, 2015 - 2:49pm | 275Read More...In a report published Monday, Stephens analyst Harsh Kumar downgraded shares of Skyworks Solutions Inc (NASDAQ: SWKS) to Equal-Weight from Overweight while raising the price target to $100 from a previous $85. According to Kumar, Skyworks fundamentals remain "solid" and the company is...
