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Morgan Stanley Upgrades IBM, Says Transformation Is Underappreciated
Thursday, February 18, 2016 - 9:04am | 324Read More...International Business Machines Corp. (NYSE: IBM) shares appreciated 1.64 percent over the past five days, while rising almost 3 percent in pre-market trade on Thursday. Morgan Stanley’s Katy L. Huberty has upgraded the rating on the company to Overweight, while raising the price...
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Morgan Stanley Likes Apple's Summertime Outlook
Thursday, January 14, 2016 - 8:31am | 290Read More...Apple Inc. (NASDAQ: AAPL) shares are down 14 percent since December 14. Morgan Stanley’s Katy L. Huberty maintained an Overweight rating for the company, with a price target of $143. Initial indications point towards a better June quarter, suggesting that estimates and sentiment...
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Morgan Stanley On Fitbit: Pullback Creates Buying Opportunity
Wednesday, January 6, 2016 - 9:48am | 423Read More...Fitbit Inc (NYSE: FIT) shares have declined 42.52 percent over the past six months, dropping almost to their 52-week low from January 5, at $24.30. Morgan Stanley’s Katy L. Huberty has maintained an Overweight rating on the company, with a price target of $99. Huberty believes the...
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Morgan Stanley Cuts Apple 2016 iPhone Estimates By 12%, But Why?
Monday, December 14, 2015 - 11:11am | 330Read More...Shares of Apple Inc (NASDAQ: AAPL) have been volatile in 2015 and are up 2.5 percent year-to-date. Morgan Stanley’s Katy L. Huberty maintained an Overweight rating on the company, with a price target of $143. Although iPhone demand is expected to be weak in the current cycle, the...
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Channel Check Alert: GoPro Holiday Sales Not Looking Good
Thursday, December 3, 2015 - 10:43am | 423Read More...GoPro Inc (NASDAQ: GPRO) shares are down 51 percent in the last three months, and are trading significantly lower than their 52-week high of $75.30. Morgan Stanley’s Katy L. Huberty said that initial checks had suggested that sales of the company’s action cameras appear soft,...
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Apple Still Best Idea At Morgan Stanley, Firm Expects iPhone Growth In December
Friday, October 23, 2015 - 9:19am | 356Read More...Apple Inc. (NASDAQ: AAPL) has seen a 10.2 percent decline in its share price over the past six months, from a high of $321.65 on April 27. Morgan Stanley's Katy L. Huberty has maintained an Overweight rating on the company, with a price target of $162. Huberty expects the company to...
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1 Thing Pushing FitBit Stock Up
Tuesday, October 20, 2015 - 9:48am | 277Read More...Shares of Fitbit, Inc. (NYSE: FIT) have risen 25.94 percent since June, from a low of 29.68 on June 18. Morgan Stanley’s Katy L. Huberty has maintained an Overweight rating on the company, with a price target of $58. Huberty believes that Fitbit continues to be the market leader and...
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Morgan Stanley Positively Surprised By iPhone Demand; Raises Target On Apple To $162
Monday, October 12, 2015 - 8:43am | 329Read More...Apple Inc. (NASDAQ: AAPL) shares have declined 11.79 percent over the last six months, hitting a low of $103.12 on August 24. Morgan Stanley’s Katy L. Huberty has maintained an Overweight rating, while raising the price target from $155 to $162. Morgan Stanley’s surveys...
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Apple Music Could Account For 5% Of 2016 Revenue, Morgan Stanley Says
Tuesday, June 9, 2015 - 7:40am | 351Read More...In a report published Tuesday, Morgan Stanley analyst Katy L. Huberty maintained a Buy rating and $166 price target on Apple Inc. (NASDAQ: AAPL), while mentioning that with improvements in personalization and the introduction of new apps and services, 20 percent of the company's profits could...
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Analysts Focus On Amazon's Web Services: Q1 Results
Friday, April 24, 2015 - 3:54pm | 331Read More...Amazon.com, Inc. (NASDAQ: AMZN) broke out results for its Web Services unit Thursday, with results that pleased investors. Web Services revenue grew 49 percent in the recent period to $1.57 billion, while its operating income fell 13 percent (excluding foreign exchange effects). Total Amazon...
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Delayed Deals Add To Currency Headwinds For NetApp
Thursday, February 12, 2015 - 11:30am | 172Read More...In a report published Thursday, Morgan Stanley analyst Katy L. Huberty reiterated an Underweight rating on NetApp (NASDAQ: NTAP), but lowered the price target from $35.00 to $34.00. In the report, Morgan Stanley noted, "On the back of the F3Q revenue miss and weak F4Q guidance, NetApp plans to...
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Why Amazon Is One Of Morgan Stanley's 'Best Ideas'
Thursday, January 29, 2015 - 12:18pm | 161Read More...Morgan Stanley named Amazon.com, Inc. (NASDAQ: AMZN) one of its “Best Ideas” in North America. Analyst Katy L. Huberty said that Amazon’s shares do not appropriately reflect the company’s e-commerce business. She has placed a $420 price target on the stock,...
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UPDATE: Morgan Stanley Lowers Price Target On Seagate Technology As Pricing Concern Is Overblown
Tuesday, January 27, 2015 - 8:25am | 92Read More...In a report published Tuesday, Morgan Stanley analyst Katy L. Huberty reiterated an Overweight rating on Seagate Technology PLC (NASDAQ: STX), but lowered the price target from $77.00 to $71.00. In the report, Morgan Stanley noted, “Strong cloud demand is the silver lining in an otherwise messy...
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UPDATE: Morgan Stanley Raises Price Target On IBM On New Year, Similar Story
Wednesday, January 21, 2015 - 11:34am | 89Read More...In a report published Wednesday, Morgan Stanley analyst Katy L. Huberty reiterated an Equal-Weight rating on International Business Machines Corp. (NYSE: IBM), and raised the price target from $154.00 to $159.00. In the report, Morgan Stanley noted, “While 2015 guidance is more conservative than...
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Morgan Stanley Sees Holiday eCommerce as Bright Spot for Amazon.com
Tuesday, December 9, 2014 - 10:30am | 127Read More...In a report published Tuesday, Morgan Stanley analyst Katy L. Huberty reiterated an Overweight rating and $420.00 price target on Amazon.com (NASDAQ: AMZN). In the report, Morgan Stanley noted, “Near-term, the recent earnings reset and related pullback in investments -- along with low institutional...
