-
Kaufman Bros. Raises Price Target On THQ Inc. (THQI)
Friday, April 16, 2010 - 2:40pm | 72Analyst Todd Mitchell at Kaufman Bros. has raised the price target on THQ Inc. (NASDAQ: THQI) from $8 to $10. The company is slated to release UFC Undisputed 2010 and a PC version of Darksiders in first-quarter of fiscal 2011. According to Kaufman Bros., the company continues to execute on its...
-
Kaufman Bros. Raises Price Target For Electronic Arts Inc. (ERTS)
Friday, April 16, 2010 - 2:03pm | 86Analyst Todd Mitchell at Kaufman Bros. has raised the price target for Electronic Arts Inc. (NASDAQ: ERTS) from $19 to $23. According to NPD, retail sales for the overall video game industry were up by 6% to $1.52 billion in March. Software sales were up by 10% to $875 million, while hardware...
-
Kaufman Bros. Maintains Buy Rating On Google Inc. (GOOG)
Tuesday, April 13, 2010 - 9:02am | 105Analysts Aaron Kessler and Andrew Connor at Kaufman Bros. have released an update on Google Inc. (NASDAQ: GOOG). The company will report its first-quarter results on Thursday. Analysts expect the company to report a modest upside to their revenue estimate of $5 billion and pro forma EPS of $6.82....
-
Kaufman Bros. Maintains Hold Rating On OpenTable Inc. (OPEN)
Thursday, April 1, 2010 - 9:08am | 96Analysts Aaron Kessler and Andrew Connor at Kaufman Bros. have released an update on OpenTable Inc. (NASDAQ: OPEN). Based on their analysis, analysts expect the company to report first-quarter results in-line with expectations. Analysts expect the company to report revenue of $20.2 million in...
-
Kaufman Bros. Maintains Buy Rating On Research In Motion (RIMM)
Thursday, April 1, 2010 - 8:55am | 131Analyst Shaw Wu at Kaufman Bros. has released an update on Research In Motion (NASDAQ: RIMM). The company reported its fourth-quarter results on Wednesday. Research In Motion reported revenue of $4.1 billion in its fourth-quarter, which was below consensus estimate of $4.3 billion. The company...
-
Kaufman Bros. Upbeat On Volterra Semiconductor (VLTR), Raises Price Target To $30
Tuesday, March 30, 2010 - 12:11pm | 184Kaufman Bros. analyst Suji De Silva reiterated a Buy rating for Volterra Semiconductor Corporation (Nasdaq: VLTR) and raised the price target from $24 to $30. De Silva expects both a strong quarter and positive guidance from Volterra Semiconductor. The analyst said that Kaufman's checks indicate...
-
Kaufman Bros. Sees Strong Results For Research In Motion Limited (RIMM)
Tuesday, March 30, 2010 - 10:24am | 188Kaufman Bros. analyst Shaw Wu maintained his Buy rating, with a price target of $93, for shares of Research In Motion Limited (Nasdaq: RIMM). Research In Motion Limited will report its February quarter financial results on Wednesday, after the market closes. Wu said he anticipates a strong February...
-
Sell Rating And $11 Price Target Reiterated For Convergys Corporation (CVG)
Thursday, March 18, 2010 - 11:42am | 132Analysts Karl Keirstead and Shateel Alam at Kaufman Bros. have released an update on Convergys Corporation (NYSE: CVG). Analysts met with the CEO of a call center outsourcing vendor, which competes with Convergys, to discuss current industry trends. Analysts, citing their source, say that the...
-
LSI Corporation (LSI) Upgraded To Buy; Price Target Raised
Thursday, March 18, 2010 - 10:39am | 113Analyst Suji De Silva at Kaufman Bros. has upgraded LSI Corporation (NYSE: LSI) from Hold to Buy rating. The price target for LSI Corporation stock has been raised from $5.50 to $8. The company has revised its guidance for first-quarter. It has raised its first-quarter revenue estimate from $590-$...
-
Palm, Inc. (PALM) Maintains Hold Rating
Thursday, March 18, 2010 - 8:26am | 105Analyst Shaw Wu at Kaufman Bros. has released an update on Palm, Inc. (NASDAQ: PALM). The company will, report its third-quarter results on Thursday. Palm has pre-announced a top-line miss for its third-quarter. The company announced that non-GAAP revenue will be $300-$325 million, below consensus...
-
Kaufman Bros. Raises Rentrak (RENT) Price Target To $24
Tuesday, March 16, 2010 - 9:20am | 199Kaufman Bros. analyst Todd Mitchell reiterated his Buy rating for shares of Rentrak Corporation (Nasdaq: RENT) and raised the price target from $20 to $24. Mitchell noted that Rentrak Corporation rose above its previous price target after announcing a deal with MTV Networks for TV Essentials. The...
-
Cable, Satellite & Interactive Media Industry Update (TTWO, ATVI, ERTS, THQI)
Friday, March 12, 2010 - 11:37am | 282Analyst Todd Mitchell at Kaufman Bros. has an update on the Cable, Satellite & Media Industry, in a report released on Friday. According to the report, on Thursday night NPD reported that retail sales of video game software, hardware, and accessories were $1.26 billion in February, down 15%...
-
Cypress Semiconductor Corporation’s (CY) Price Target Raised
Friday, March 12, 2010 - 10:19am | 100Analyst Suji De Silva at Kaufman Bros. has raised the price target for Cypress Semiconductor Corporation from $13 to $15. The price target has been raised due to increasing confidence in the company’s growth opportunities. Kaufman Bros. has also raised 2011 estimates for revenue, and EPS, while...
-
SeaChange International (SEAC) Maintains Buy Rating
Friday, March 12, 2010 - 9:23am | 390Analyst Todd Mitchell at Kaufman Bros. has released an update on SeaChange International (NASDAQ: SEAC). The company reported its fourth-quarter results on Thursday. SeaChange reported a decline of 2% in revenue to $53 million in its fourth-quarter, which was about $1 million below expectations....
-
Kaufman Bros. Downgrades Convergys (CVG) To Sell
Thursday, March 4, 2010 - 9:34am | 177Kaufman Bros. analysts Karl Keirstead and Shateel Alam downgraded shares of Convergys Corporation (NYSE: CVG) from a Hold rating to Sell with a price target of $11. The analysts noted that shares are up 16% since Convergys Corporation announced its CEO change on February 10, so it was time to take...