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Palm Gets Two Downgrades (PALM)
Friday, February 26, 2010 - 3:07pm | 100Palm (NASDAQ: PALM) has been downgraded at UBS and Kaufman Bros. UBS downgraded the stock from Neutral to Sell and lowered their price target from $10 to $4.50. Kaufman Bros. downgraded the shares from a Buy to a Hold and lowered their price target from $16 to $7.50. Palm (PALM) has lost 4.13%...
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Expedia (EXPE) Shares Upgraded To Buy
Friday, February 12, 2010 - 11:02am | 101Kaufman Bros. analyst Aaron Kessler raised his rating of Expedia, Inc. (Nasdaq: EXPE) shares from Hold to Buy, with a price target of $27. Expedia, Inc. is an online travel company that manages several travel related businesses, such as expedia.com, hotels.com, hotwire.com and TripAdvicor. The 52...
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eBay (EBAY) Results Expected To Be In Line With Expectations
Tuesday, January 19, 2010 - 2:15pm | 110eBay Inc. (NASDAQ: EBAY) is expected to post 4Q revenue at $2269M and $0.41 EPS, in line with estimates. Modest GMV growth in the US due to easier comps and improved conversion rates will aid revenue growth, with eBay Marketplace transaction revenues expected to grow at 16% Y/Y, Payments...
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4th Quarter Strength Expected For Online Advertising and eCommerce
Tuesday, January 19, 2010 - 11:56am | 334Last week Kaufman Bros. hosted an online advertising panel made up of the executives from leading ad agencies, SEM agencies and the Online Publishers Association. The panelists expected a strong 4th quarter for internet search advertising. The SEM agencies expected 10% to 15% Q/Q growth in U.S....
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Analyst Reaffirms VanceInfo Technologies Hold Rating
Tuesday, January 19, 2010 - 11:09am | 194In light of the fallout from the reports by Google (Nasdaq: GOOG) and several other companies that they were the targets of Chinese based cyber attacks and that, at least in Google's case, the attackers may have had help from Google employees in China, analysts at Kaufman Bros. reviewed whether or...
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Marvell Technology Group Ltd. (MRVL) Upgraded To Buy
Wednesday, December 30, 2009 - 1:09pm | 106Analysts at Kaufman Bros. have upgraded the stock of Marvell Technology Group Ltd. (NASDAQ: MRVL) from Hold to Buy. The price target for Marvell has been raised to $25 from $20. Analysts at Kaufman believe there is an investment opportunity in semiconductor companies levered to the PC supply chain...
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Apple (AAPL) Remains A Strong Buy
Wednesday, December 30, 2009 - 12:56pm | 112Holiday season has proved to be a good time for Apple (NASDAQ: AAPL). According to a recent report released by Kaufman Bros., Apple is expected to perform in line with expectations and its iPhone is likely to remain the most lucrative segment. Kaufman Bros. has raised its 12-month price target to...