Joe Wittine

Fitbit Inc (NYSE: FIT) may be down over 50 percent for the year-to-date period and the last 12 months, but a rally could be forthcoming. At least, that's what one Longbow Research analyst believes. Analyst Joe Wittine has initiated coverage of Fitbit on the last day of 2016 Q1, citing there...

Western Digital Corp (NASDAQ: WDC) shares are down 2 percent year-to-date, even after surging 22 percent since September 29. Longbrow Research’s Joe Wittine maintained a Buy rating on the company, while reducing the price target from $100 to $95. The acquisition of SanDisk...

Nimble Storage Inc (NYSE: NMBL) shares are down 21 percent in the last three months, after hitting $30 on June 24. Longbow’s Joe Wittine upgraded the rating on the company from Neutral to Buy, while establishing a price target of $32. Nimble Storage’s ability to sustain its...

Although many investors are talking about Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX) ahead of quarterly financial results, scheduled for Friday morning, other popular companies are also reporting on the last day of the week. Among them is Seagate Technology PLC...

In a report published Monday, Pacific Crest analyst Monika Garg previewed Hard Disk (HDD) vendors ahead of their earnings print, noting the group is expected to report in-line to slightly lower June quarter results. According to Garg, the HDD total addressable market (TAM) will total 113...

According to the latest report by Longbow Research, the hard disk drive (HDD) market is not as weak as many had expected so far in Q2. Longbow’s recent price checks indicate that the HDD comeback is largely due to strength in consumer PC numbers. Takeaways Longbow analyst Joe Wittine...

Over the past couple of weeks, a few rumors regarding Samsung Electronics Co’s (OTCMKTS: SSNLF) M&A activity have surfaced. On January 14, Reuters reported the company was offering $13.35-$15.49 per share for BlackBerry Ltd (NASDAQ: BBRY).  On late January 21, Canada's...

Speaking to Benzinga, Longbow Research Analyst Joe Wittine said he couldn’t peg 3D Systems Corporation (NYSE: DDD) as being more or less interested in a buyout than any other company. Earlier Tuesday, rumors surfaced that both International Business Machines Corp. (NYSE: IBM) and General...

Longbow Research downgraded Seagate Technology (NASDAQ: STX) and Western Digital Corporation (NASDAQ: WDC) on Monday, moving both from Buy to Neutral. Although specialist Joe Wittine doesn’t think investors should get rid of these stocks, he does not see as much upside potential in...

Longbow initiated coverage on 3D Systems Corporation (NYSE: DDD) Wednesday with an Underperform rating and $25 price target. Analyst Joe Wittine’s price target is the lowest of all analysts tracked by Bloomberg and the stock is currently trading below the average analyst price target of $...

Both Seagate Technology PLC (NASDAQ: STX) and Western Digital (NASDAQ: WDC) were off Wednesday after Longbow raised its target on each. Longbow's Joe Wittine is among at least three analysts this week who have raised targets on Western Digital. Wittine boosted his target from $100 to $110...

In a report published Wednesday, Longbow Research analyst Joe Wittine reiterated a Buy rating on Seagate Technology (NASDAQ: STX), and raised the price target from $54.00 to $58.00. In the report, Longbow Research noted, “We continue to rate the shares of STX as BUY, with a revised 12-month target...

In a report published Wednesday, Longbow Research analyst Joe Wittine reiterated a Neutral rating on OCZ Technology Group (NASDAQ: OCZ). In the report, Longbow Research noted, “We continue to rate the shares of OCZ NEUTRAL. Despite some green shoots in enterprise SSDs, in its current state OCZ is...