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UPDATE: Morgan Stanley Initiates Coverage On Amazon On Focus On Core eCommerce Business
Wednesday, October 29, 2014 - 8:25am | 93In a report published Wednesday, Morgan Stanley analyst Katy L. Huberty initiated coverage on Amazon.com, Inc. (NASDAQ: AMZN) with an Overweight rating and $420.00 price target. In the report, Morgan Stanley noted, “We view the earnings reset, low institutional ownership, and tempering of...
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UPDATE: Morgan Stanley Initiates Coverage On eBay On New Investment Opportunities
Wednesday, October 29, 2014 - 8:23am | 110In a report published Wednesday, Morgan Stanley analyst Katy L. Huberty initiated coverage on eBay Inc (NASDAQ: EBAY) with an Underweight rating and $45.00 price target. In the report, Morgan Stanley noted, “With 152M users on Marketplaces and 157M on Payments, eBay spin offers investors two scaled...
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Analysts Say IBM On Wrong Side Of Trends
Tuesday, October 21, 2014 - 4:32pm | 299International Business Machines Corp. (NYSE: IBM) missed third-quarter expectations and said results point to "unprecedented change" in its industry. Change in the industry IBM once dominated probably isn't news, but Barclays' Ben A. Reitzes said Tuesday the company's...
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Morgan Stanley Sees 3Q iPhone Demand In-Line With Expectations
Wednesday, October 15, 2014 - 8:10am | 179Morgan Stanley released a note Tuesday stating that Apple Inc. (NASDAQ: AAPL) September Quarter iPhone Demand was "in-line with expectations." Analysts led by Katy L. Huberty compiled sell-through data using web search analysis and found a 37 million unit demand for C3Q 2014....
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Morgan Stanley Sees This Cycle As Different For Apple
Wednesday, October 15, 2014 - 7:51am | 90In a report published Wednesday, Morgan Stanley analyst Katy L. Huberty reiterated an Overweight rating and $110.00 price target on Apple Inc. (NASDAQ: AAPL). In the report, Morgan Stanley noted, “Continued under-ownership, strong iPhone 6 demand, and expansion into new product categories make this...
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Morgan Stanley Has Positive Outlook On Hewlett-Packard Company
Thursday, October 9, 2014 - 10:40am | 79In a report published Thursday, Morgan Stanley analyst Katy L. Huberty reiterated an Overweight rating and $40.00 price target on Hewlett-Packard Company (NYSE: HPQ). In the report, Morgan Stanley noted, “Management meetings highlighted confidence in executing the separation into two units without...
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Morgan Stanley Believes Strategic Action Unlocks Value For Hewlett-Packard Company
Tuesday, October 7, 2014 - 8:45am | 91In a report published Tuesday, Morgan Stanley analyst Katy L. Huberty reiterated an Overweight rating and $40.00 price target on Hewlett-Packard Company (NYSE: HPQ). In the report, Morgan Stanley noted, “The plan to split into two companies sharpens focus on significant valuation discount even post...
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Morgan Stanley Sees iPhone Gross Margins Biased To The Upside For Apple Inc.
Tuesday, September 23, 2014 - 8:34am | 90In a report published Tuesday, Morgan Stanley analyst Katy L. Huberty reiterated an Overweight rating and $110.00 price target on Apple Inc. (NASDAQ: AAPL). In the report, Morgan Stanley noted, “We see potential gross margin upside from higher iPhone ASPs, better NAND mix, and lower than expected...
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UPDATE: Morgan Stanley Reiterates On Seagate Technology PLC On Expanding Long-Term Potential
Monday, September 15, 2014 - 9:24am | 155In a report published Monday, Morgan Stanley analyst Katy L. Huberty reiterated an Overweight rating on Seagate Technology PLC (NASDAQ: STX), and raised the price target from $65.00 to $66.00. In the report, Morgan Stanley noted, “Investments in adjacent cloud opportunities drive revenue growth and...
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Morgan Stanley Has Long-Term Confidence In EMC Corporation
Friday, September 5, 2014 - 10:18am | 149In a report published Friday, Morgan Stanley analyst Katy L. Huberty reiterated an Equal-Weight rating on EMC Corporation (NYSE: EMC). In the report, Morgan Stanley noted, “EMC Chairman and CEO, Joe Tucci, along with the three CEOs of EMC's Federation (David Goulden - CFO and CEO of EMC II, Pat...
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UPDATE: Morgan Stanley Reiterates On Hewlett-Packard On Return To Revenue Growth
Thursday, August 21, 2014 - 9:39am | 105In a report published Thursday, Morgan Stanley analyst Katy L. Huberty reiterated an Overweight rating on Hewlett-Packard Company (NYSE: HPQ), and raised the price target from $36.00 to $40.00. In the report, Morgan Stanley noted, “First quarter of revenue growth in 2.5 years. HP reported 1.3%...
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Morgan Stanley Believes Branded Revenue Guidance Still Appears Aggressive For NetApp
Thursday, August 14, 2014 - 11:08am | 87In a report published Thursday, Morgan Stanley analyst Katy L. Huberty reiterated an Underweight rating and $34.00 price target on NetApp (NASDAQ: NTAP). In the report, Morgan Stanley noted, “We see risk to the branded growth acceleration necessary to offset OEM declines and hit full year revenue...
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Analysts Weigh In: Apple's Pending Products Will Drive Profits Or Cut Margins
Wednesday, July 23, 2014 - 12:24pm | 374Apple's (NASDAQ: AAPL) ho-hum third-quarter results have left analysts debating how much product launches expected later this year will drive financial performance. BTG's Walter Piecyk said management's fourth-quarter guidance for revenue and gross margin "didn't seem to...
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Morgan Stanley Sees International Business Machines In Early Stages Of Transition
Friday, July 11, 2014 - 9:43am | 91In a report published Friday, Morgan Stanley analyst Katy L. Huberty reiterated an Equal-Weight rating on International Business Machines (NYSE: IBM). In the report, Morgan Stanley noted, “IBM is in the early stages of transitioning its portfolio for the cloud computing era. We view reaching 15% of...
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Morgan Stanley Updates Forecast For Accenture PLC
Friday, June 27, 2014 - 10:21am | 78In a report published Friday, Morgan Stanley analyst Katy L. Huberty reiterated an Equal-Weight rating on Accenture PLC (NYSE: ACN). In the report, Morgan Stanley noted, “Strong revenue performance confirms the cyclical recovery in consulting and Europe highlighted by our leading indicator model in...