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ON Semiconductor Lowered From Outperform To Underperform At Credit Suisse
Tuesday, April 11, 2017 - 11:51am | 341Read More...ON Semiconductor Corp (NASDAQ: ON) has successfully completed its acquisition of Fairchild Semiconductor International, Inc. (Nasdaq: FCS). Since then, ON Semiconductor’s shares have risen 35 percent, outperforming the broader group by ~10 percentage points, Credit Suisse’s John W....
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4 Reasons To Buy Texas Instruments Shares Right Now
Monday, January 9, 2017 - 10:37am | 330Read More...Despite having appreciated 15 percent over the past three years, Texas Instruments Incorporated (NASDAQ: TXN) is currently trading at the high end of the semi valuations, Credit Suisse’s John W. Pitzer expects the company’s potential EPS upside to support continued stock appreciation....
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Advanced Micro Devices Upgraded On Near-Term Momentum, Conservative Guidance
Wednesday, October 12, 2016 - 8:37am | 383Read More...Credit Suisse’s John W. Pitzer believes that Advanced Micro Devices, Inc. (NASDAQ: AMD) could see near-term momentum over the next few quarters, which would offset several of the long term concerns regarding the lack of sale. Pitzer upgraded the rating on the company from Underperform to...
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Marvell Tech Is A Buy On New Management, Buybacks: Credit Suisse
Wednesday, October 12, 2016 - 8:10am | 349Read More...While Marvell Technology Group Ltd. (NASDAQ: MRVL) is still in the early stages of an operational turnaround, moves by new management, share buybacks and a conservative FQ3 guidance suggest upside to the company’s shares, Credit Suisse’s John W. Pitzer said in a report. He upgraded...
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Credit Suisse Discusses Broadcom's Leverage Situation
Friday, September 2, 2016 - 8:02am | 321Read More...Broadcom Ltd (NASDAQ: AVGO) reported its FQ3 results ahead of expectations and raised its guidance for FQ4. The EPS upside could be even higher, Credit Suisse’s John W. Pitzer said in a report. He reiterated an Outperform rating on the company, with a price target of $200. Following...
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Credit Suisse On Broadcom: More Confident On Earnings Than Revenues, But Both Should Beat Estimates
Tuesday, August 30, 2016 - 10:21am | 299Read More...Broadcom Ltd (NASDAQ: AVGO) is scheduled to report its FQ3 results on Thursday, after market close. Credit Suisse’s John W. Pitzer reiterated an Outperform rating on the company, while raising the price target from $180 to $200. “We expect both JulQ Rev/EPS results and OctQ Rev/EPS...
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Baird Upgrades McDonald's, Says U.S. Slowdown And Comps Are Near-Term Risk
Tuesday, August 30, 2016 - 10:13am | 370Read More...Following the year-to-date underperformance, Baird’s David E. Tarantino believes McDonald's Corporation (NYSE: MCD) now offer a more favorable risk/reward for investors “with a 6-12+ month horizon.” Tarantino upgraded the rating on the company to Outperform, while raising...
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Credit Suisse Saw Strong Execution From Advanced Micro Devices
Friday, July 22, 2016 - 9:40am | 363Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) reported its revenue and EPS for C2Q above expectations, while guiding to higher than expected C3Q revenue and EPS. Credit Suisse’s John W. Pitzer maintains an Underperform rating on the company, while raising the price target from $3.50 to $5.50....
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While Intel's EPS Goes Up, Its Multiple Doesn't
Thursday, July 21, 2016 - 8:58am | 348Read More...Intel Corporation (NASDAQ: INTC) reported its C2Q revenue in line with and EPS above the consensus, while reiterating its CY16 implied EPS guidance at $2.50, above the consensus but in line with the estimate. Credit Suisse’s John W. Pitzer maintains an Outperform rating on the company, with a...
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Credit Suisse Reinstates Broadcom, Sees Strong Upside Against Backdrop Of 'Lackluster' Semiconductor Sector
Tuesday, February 16, 2016 - 12:18pm | 261Read More...Broadcom Limited (NASDAQ: AVGO) shares have appreciated 3.44 percent over the past one month, while rising more than 2 percent in morning trade on February 16. John W. Pitzer of Credit Suisse has reinitiated coverage of the company with an Outperform rating and price target of $160....
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Apple Weakness Is Good For...Analog Devices Investors?
Tuesday, February 16, 2016 - 10:44am | 345Read More...Analog Devices, Inc. (NASDAQ: ADI) shares are down 15 percent since November 16. Credit Suisse’s John W. Pitzer maintained an Outperform rating for the company, with a price target of $72. Analog Devices has greater vulnerability that other Semi companies in Apple’s supply...
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Micron Set For Big Analyst Day...Stock Could Eventually Double, Says Credit Suisse
Thursday, February 11, 2016 - 11:06am | 295Read More...Credit Suisse’s John W. Pitzer maintained an Outperform rating for Micron Technology, Inc. (NASDAQ: MU) with a price target of $20. The company is scheduled to host its Winter Analyst Day on February 12. Analyst John Pitzer said that while Micron’s Analyst Day would likely be...
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Mellanox Is 'Well Levered To Data Growth,' Leading To Credit Suisse Upgrade
Monday, January 11, 2016 - 8:09am | 370Read More...Mellanox Technologies, Ltd. (NASDAQ: MLNX) shares have lost 15 percent in the last six months. Credit Suisse’s John W. Pitzer upgraded the rating for the company from Neutral to Outperform, while maintaining the price target at $50. The company’s core interconnect IP supports...
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What You Might've Missed From Intel's Investor Day
Friday, November 20, 2015 - 10:27am | 264Read More...Shares of Intel Corporation (NASDAQ: INTC) have been volatile in 2015 and are down 5 percent year-to-date. Credit Suisse’s John W. Pitzer maintained an Outperform rating on the company, with a price target of $40. Intel’s diversification strategy has enabled the company to...
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Fairchild Semiconductor May See M&A Bidding War, Credit Suisse Says
Thursday, November 19, 2015 - 9:36am | 334Read More...Shares of Fairchild Semiconductor Intl Inc (NASDAQ: FCS) have appreciated 36.91 percent over the past three months, from a low of $12.66 on August 25. John W. Pitzer of Credit Suisse has upgraded the rating on the company from Underperform to Neutral, while raising the price target from $16...
