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Morgan Stanley Expects FCF Conversion To Drive Stock Performance For NCR
Thursday, June 26, 2014 - 8:32am | 90In a report published Thursday, Morgan Stanley analyst Katy L. Huberty reiterated an Equal-Weight rating on NCR (NYSE: NCR). In the report, Morgan Stanley noted, “SOTP is increasingly in focus in light of activist involvement and Micros acquisition and yields 64% upside to stock price based on EBIT...
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Morgan Stanley Sees NetApp Betting On Enterprise And Market Recovery
Wednesday, June 25, 2014 - 9:34am | 96In a report published Wednesday, 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, “At its analyst day, NetApp declared it is now on the offense and expects growth to reaccelerate after a...
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UPDATE: Morgan Stanley Upgrades Nimble Storage On Raised Revenue Estimates
Wednesday, June 18, 2014 - 9:01am | 80In a report published Wednesday, Morgan Stanley analyst Katy L. Huberty upgraded the rating on Nimble Storage (NYSE: NMBL) from Equal-Weight to Overweight, and named a $38.00 price target. In the report, Morgan Stanley noted, “We raise revenue estimates above consensus and upgrade NMBL to OW with a...
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Morgan Stanley Has Positive Outlook On Hewlett-Packard
Thursday, June 12, 2014 - 8:31am | 80In a report published Thursday, Morgan Stanley analyst Katy L. Huberty reiterated an Overweight rating and $36.00 price target on Hewlett-Packard (NYSE: HPQ). In the report, Morgan Stanley noted, “Revenue growth remains HP's top priority though management is confident it can grow EPS in 2015...
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Morgan Stanley Sees Service Opportunities For Apple
Tuesday, June 3, 2014 - 8:08am | 90In a report published Tuesday, Morgan Stanley analyst Katy L. Huberty reiterated an Overweight rating and $690.00 price target on Apple (NASDAQ: AAPL). In the report, Morgan Stanley noted, “The developer conference keynote focused on software and tighter integration with 3rd-party apps. While no...
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Morgan Stanley Sees Nimble Storage Leading Share Gains In Storage
Friday, May 30, 2014 - 9:07am | 94In a report published Friday, Morgan Stanley analyst Katy L. Huberty reiterated an Equal-Weight rating on Nimble Storage (NYSE: NMBL). In the report, Morgan Stanley noted, “Nimble is a next-generation storage company that leverages the strength of both flash and disk drives to offer much better...
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Morgan Stanley Sees Beats Acquisition As Good for Apple
Thursday, May 29, 2014 - 10:09am | 84In a report published Thursday, Morgan Stanley analyst Katy L. Huberty reiterated an Overweight rating and $690.00 price target on Apple (NASDAQ: AAPL). In the report, Morgan Stanley noted, “Apple's acquisition of Beats is a low-risk, potentially high-return deal. The fast growing (30% Y/Y YTD)...
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Morgan Stanley Foresees Growth Acceleration For Apple
Wednesday, May 28, 2014 - 9:42am | 82In a report published Wednesday, Morgan Stanley analyst Katy L. Huberty reiterated an Overweight rating and $690.00 price target on Apple (NASDAQ: AAPL). In the report, Morgan Stanley noted, “As App Store approaches 50% of online services revenue over the next year, revenue growth and margin...
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Morgan Stanley Sees Long-Term Strategy In Place For SMART Technologies
Friday, May 16, 2014 - 9:31am | 104In a report published Friday, Morgan Stanley analyst Katy L. Huberty reiterated an Equal-Weight rating on SMART Technologies (NASDAQ: SMT). In the report, Morgan Stanley noted, “F4Q14 non-GAAP revenue beat our expectations as the market for interactive whiteboards declined slower than expected,...
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Morgan Stanley Sees Good Things For International Business Machines At Investor Day
Thursday, May 15, 2014 - 9:45am | 105In a report published Thursday, Morgan Stanley analyst Katy L. Huberty reiterated an Equal-Weight rating on International Business Machines (NYSE: IBM). In the report, Morgan Stanley noted, “IBM's Investor Day highlighted big bets on a) Data transforming industries, b) Cloud, and c) Engagement,...
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Morgan Stanley Sees Good Things Ahead For EMC
Tuesday, May 6, 2014 - 10:31am | 86In a report published Tuesday, Morgan Stanley analyst Katy L. Huberty reiterated an Equal-Weight rating on EMC Corporation (NYSE: EMC). In the report, Morgan Stanley noted, “EMC made two major product announcements at its user conference to help enterprises migrate to a big data / hybrid cloud...
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UPDATE: Morgan Stanley Reiterates On Western Digital As Cloud, MOFCOM Remain Catalysts
Thursday, May 1, 2014 - 10:33am | 102In a report published Thursday, Morgan Stanley analyst Katy L. Huberty reiterated an Overweight rating on Western Digital (NASDAQ: WDC), but lowered the price target from $106.00 to $100.00. In the report, Morgan Stanley noted, “In-line March and seasonally weak June quarter guidance doesn't...
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Morgan Stanley Sees 2014 as Another Year of Transition for IBM
Thursday, April 17, 2014 - 7:59am | 104In a report published Thursday, Morgan Stanley analyst Katy L. Huberty reiterated an Equal-Weight rating on International Business Machines (NYSE: IBM). In the report, Morgan Stanley noted, “The combination of several more quarters of transition (read: revenue decline), recently expanded P/E...
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Morgan Stanley Believes Now is the Time to Invest in Apple
Thursday, April 17, 2014 - 7:58am | 122In a report published Thursday, Morgan Stanley analyst Katy L. Huberty reiterated an Overweight rating and $630.00 price target on Apple (NASDAQ: AAPL). In the report, Morgan Stanley noted, “We believe now is the time to invest in AAPL in light of low institutional ownership, more resilient than...
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UPDATE: Morgan Stanley Reiterates on Hewlett-Packard Following Margin Recovery
Thursday, April 10, 2014 - 7:53am | 108In a report published Thursday, Morgan Stanley analyst Katy L. Huberty reiterated an Overweight rating on Hewlett-Packard (NYSE; HPQ), and raised the price target from $34.00 to $36.00. In the report, Morgan Stanley noted, “We raise our FY15-16 EPS estimates above consensus on the back of a margin...