Kevin Cassidy

Following the announcement Wednesday by Ambarella Inc (NASDAQ: AMBA) that the company has acquired VisLab S.r.l. for $30 million in cash, Stifel analyst Kevin Cassidy released a report breaking down the acquisition and discussing exactly what Ambarella stands to gain from the move. Overall,...

On Wednesday, analysts at Stifel downgraded shares of Marvell Technology Group (NASDAQ: MRVL) from Buy to Hold. Analyst Kevin Cassidy wrote, “We believe increasing commoditization of mobile SoCs could pressure revenue growth and gross margins, adding risk to our estimates. Also market...

In a report published Thursday, Stifel analyst Kevin Cassidy reiterated a Buy rating on SanDisk Corporation (NASDAQ: SNDK), but lowered the price target from $100.00 to $90.00. In the report, Stifel noted, “SanDisk's 4Q14 revenue was in-line with last week's negative preannouncement. Management...

In a report published Friday, Stifel analyst Kevin Cassidy reiterated a Buy rating on Intel Corporation (NASDAQ: INTC), and raised the price target from $39.00 to $41.00. In the report, Stifel noted, “Intel delivered in-line results (save a tax benefit to the bottom line), gave roughly in-line...

Micron Technology, Inc. (NASDAQ: MU) shares slid Wednesday after the company said it will cut second-quarter production for retooling and analysts trimmed forecasts. Chief Executive D. Mark Duncan forecast second-quarter revenue of $4.1 billion to $4.3 billion in a conference call Tuesday,...

In a report published Wednesday, Stifel analyst Kevin Cassidy reiterated a Buy rating and $43.00 price target on Micron Technology, Inc. (NASDAQ: MU). In the report, Stifel noted, “Micron reported solid results for the November-ending quarter, beating both our and consensus earnings estimates....

Shares of Synaptics, Incorporated (NASDAQ: SYNA) fell sharply Friday amid differing views on the stock. Pacific Crest analyst John Vinh cut his rating on the company from Outperform to Sector Perform due to concerns that the company may have lost the touch controller socket contract on the...

In a report published Friday, Stifel analyst Kevin Cassidy reiterated a Buy rating on Marvell Technology Group Ltd. (NASDAQ: MRVL), but lowered the price target from $18.00 to $16.00. In the report, Stifel noted, “Similar to other companies with exposure to the handset market, particularly Samsung...

In a report published Friday, Stifel analyst Kevin Cassidy reiterated a Buy rating on Intel Corporation (NASDAQ: INTC), and raised the price target from $36.00 to $39.00. In the report, Stifel noted, “Intel hosted its annual investor day at its Santa Clara, CA headquarters on Thursday, 11/20/14. In...

In a report published Friday, Stifel analyst Kevin Cassidy reiterated a Buy rating on NVIDIA Corporation (NASDAQ: NVDA), and raised the price target from $22.00 to $24.50. In the report, Stifel noted, “Nvidia turned in a solid beat to the October-ending quarter the old-fashioned way – higher...

In a report published Monday, Stifel analyst Kevin Cassidy reiterated a Buy rating on Ambarella Inc (NASDAQ: AMBA), and raised the price target from $44.00 to $47.00. In the report, Stifel noted, “Following over 20 investor meetings with management, we are convinced that Ambarella's focus on high...

In a report published Wednesday, Stifel analyst Kevin Cassidy reiterated a Buy rating on Intel (NASDAQ: INTC), and raised the price target from $31.00 to $36.00. In the report, Stifel noted, “Intel delivered June revenues and earnings slightly above its positive pre-announcement. Looking out to the...

In a report published Wednesday, Stifel analyst Kevin Cassidy reiterated a Buy rating on Synaptics (NASDAQ: SYNA), and raised the price target from $83.00 to $86.00. In the report, Stifel noted, “Yesterday after the market close Synaptics confirmed market speculations by announcing signing of a...

In a report published Tuesday, Stifel analyst Kevin Cassidy downgraded the rating on Broadcom (NASDAQ: BRCM) from Buy to Hold, and removed the $34.00 price target. In the report, Stifel noted, “Yesterday before the market open Broadcom announced it is exploring strategic alternatives for its...

In a report published Wednesday, Stifel analyst Kevin Cassidy reiterated a Buy rating on NVIDIA (NASDAQ: NVDA), and raised the price target from $19.00 to $21.00. In the report, Stifel noted, “In this note we provide a preview of topics we expect Nvidia management to discuss during its 2014...