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Micron Shares Haven't Peaked, Credit Suisse Says
Wednesday, June 14, 2017 - 4:07pm | 248Read More...Credit Suisse research analyst, John Pitzer, believes Micron Technology, Inc. (NASDAQ: MU) has more left in the tank, and reiterated an Outperform rating on the stock with a $40 price target. Pitzer sees Micron as structurally undervalued and listed three reasons warranting the upside. “...
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Analysts Are Pumped About Broadcom's Double Beat
Friday, June 2, 2017 - 12:41pm | 407Read More...After an impressive first-quarter earnings beat, Loop Capital Markets analyst Betsy Van Hees reiterated her Buy rating and raised her price target to $285 on Broadcom Ltd (NASDAQ: AVGO). Van Hees noted three reasons why Broadcom remains one of Loop's large-cap picks for 2017 as: Broadcom...
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Analog Devices Retreats Hard From All-Time High After Q1 Beat
Friday, June 2, 2017 - 9:17am | 435Read More...Analog Devices, Inc. (NASDAQ: ADI) stock exploded higher to new all-time highs Wednesday after the company reported a $0.19 EPS beat and a $109 million revenue beat in the first quarter. However, after peaking as high as $90.49 on its highest daily volume in nearly a year, Analog Devices performed...
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Credit Suisse Sees 40% Upside In Micron Shares
Wednesday, March 22, 2017 - 8:54am | 358Read More...With Micron Technology, Inc. (NASDAQ: MU) scheduled to report its Q2 results Thursday, Credit Suisse’s John Pitzer pointed out the company already provided a positive preannouncement on March 2. The analyst maintained an Outperform rating on the company, while raising the price target from $...
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What To Expect In Micron Technology's Q3 Print
Tuesday, June 28, 2016 - 1:35pm | 412Read More...Credit Suisse expects Micron Technology, Inc. (NASDAQ: MU) to come close to meeting its third-quarter outlook when it reports earnings on June 30. Expectations Ahead Of Earnings "We expect MU to roughly meet F3Q Rev/EPS guidance and expect F4Q guidance to confirm a F3Q bottom as 20nm DRAM ramps...
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Deutsche Bank, Credit Suisse Still Buying Micron Despite Lower PC Demand/Pricing
Monday, August 3, 2015 - 3:27pm | 531Read More...Last Friday, DRAM Exchange released PC contract pricing for the second half of July. After falling 8 percent in April, 5 percent in May and 2 percent in June, July pricing dropped about 15 percent month-over-month. In a report issued Monday, Credit Suisse analyst John Pitzer and his team noted...
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AMD Analyst Roundup Following Earnings
Friday, July 17, 2015 - 10:31am | 576Read More...Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) traded at new 52-week lows on Friday following the release of the company's second quarter earnings on Thursday. Here is a summary of what some of Wall Street's top analysts are saying. MKM Partners: High Bar On Revenue And Gross...
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Not Everyone On Wall Street Likes Intel's Altera Deal
Tuesday, June 2, 2015 - 10:58am | 374Read More...Intel Corporation (NASDAQ: INTC) on Monday announced the acquisition of Altera Corporation (NASDAQ: ALTR) for total value of about $16.7 billion. The consensus among Wall Street analysts, however, is that Intel overpaid in this deal. UBS' Stephen Chin reiterated his Buy rating after the deal...
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These Analysts Just Slashed Their SanDisk Price Target
Friday, March 27, 2015 - 8:41am | 181Read More...Credit Suisse reviewed SanDisk Corporation (NASDAQ: SNDK) after the semiconductor company lowered its revenue forecast for its fiscal first quarter from $1.4-1.45 billion to $1.3 billion. The company also withdrew CY15 guidance. Credit Suisse analysts lowered their price target from $90 to...
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Analysts Weigh In: Broadcom's Recent Punishment Undeserved
Friday, January 30, 2015 - 11:38am | 270Read More...Broadcom Corporation (NASDAQ: BRCM) shares were off nearly 5 percent since last month because of a succession of past mistakes and unlikely threats, an analyst said Friday. The company, which supplies chips for smartphone and tablet makers as well as for set-top boxes, networking and other...
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Summit Research, Credit Suisse Analysts Comment On Mellanox Technologies Following Earnings
Thursday, January 29, 2015 - 2:23pm | 227Read More...Late Wednesday, Mellanox Technologies, Ltd. (NASDAQ: MLNX) reported fourth-quarter financial results, beating top and bottom line estimates. For the fourth quarter, Mellanox reported EPS of $0.59 and revenue of $141.12 million. Following the announcement, analysts at Summit Research and...
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Credit Suisse Raises Cypress Semiconductor Price Target
Tuesday, December 2, 2014 - 9:14am | 133Read More...On Tuesday, analysts at Credit Suisse raised the price target on shares of Cypress Semiconductor Corporation (NASDAQ: CY) from $9.50 to $12 and maintained the Neutral rating. John Pitzer is changing the estimates on shares of Cypress due to the merger with Spansion Inc. "We view the deal...
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UPDATE: Credit Suisse Upgrades Applied Materials, Shares Open Higher
Thursday, November 13, 2014 - 10:42am | 131Read More...In a note released Thursday, Credit Suisse analyst John Pitzer upgraded shares of Applied Materials, Inc. (NASDAQ: AMAT) from Neutal to Outperform and raised the price target from $22 to $28. Pitzer's upgrade is based on: Better than expected WFE in the first half of 2015. A "...
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Credit Suisse Raises Mellanox Price Target
Thursday, October 23, 2014 - 8:28am | 165Read More...On Thursday, analysts at Credit Suisse maintained the Neutral rating on shares of Mellanox Technologies, Ltd. (NASDAQ: MLNX) and raised the price target from $38 to $50. Analysts are positive on the upcoming quarters for Mellanox given that the company offered higher guidance for the first time...
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Credit Suisse Lowers Price Target On SanDisk Corporation
Friday, October 17, 2014 - 9:35am | 157Read More...In a note released Friday, Credit Suisse analyst John Pitzer lowered his price target for SanDisk Corporation (NASDAQ: SNDK) from $125 to $105 and maintained an Outperform rating on the stock. Pitzer began his note by pointing out SanDisk was able to post a third-quarter EPS beat despite a...
