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What's The 'Pig In A Python' Theory And What Does It Have To Do With Apple's New iPhone?
Tuesday, July 25, 2017 - 11:49am | 409UBS analyst Steven Milunovich isn’t concerned by a possible delay in iPhone shipments, and reiterated a Buy rating on Apple Inc. (NASDAQ: AAPL) shares with a $170 price target. Milunovich said iPhone sales are a “pig in a python,” defined by the Oxford English Dictionary as a...
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How Long Can Tax Tricks Keep Supporting IBM's Earnings?
Monday, July 17, 2017 - 11:12am | 335With International Business Machines Corp. (NYSE: IBM) set to report earnings on Tuesday, investors may start seeing diminishing returns on one of its key earnings drivers in recent years: taxes. In the past three years, IBM has been able to boost its EPS by 7 percent by utilizing tax advantages,...
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Nutanix-Google Deal Has Analysts Wondering If Estimates For 2018 Are Too Conservative
Thursday, June 29, 2017 - 1:06pm | 403Nutanix Inc (NASDAQ: NTNX)'s partnership with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s Google begs the question: is Nutanix's 2018 estimates now seen as conservative? Nutanix's partnership with Google serves as an "endorsement" of Nutanix's product offerings,...
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Credit Suisse's Nutanix Call Was Right On The Money
Wednesday, June 28, 2017 - 11:37am | 371Shares of Nutanix Inc (NASDAQ: NTNX) spiked higher by more than 8 percent Wednesday morning after the company stuck an agreement with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL). Nutanix sells hardware and software that makes it easier for companies to move between on-site servers and large cloud...
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Nutanix Shares May Have Finally Shed Their Reputation For Being Overpriced
Monday, June 26, 2017 - 2:46pm | 423A strong market for cloud computing services, solid business model and effective sales mechanism mean Nutanix Inc (NASDAQ: NTNX) could outrun the consensus. Credit Suisse’s projections for the San Jose tech firm are already above consensus, but those estimates “could prove conservative...
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Software And Services Slump Plagues BlackBerry In Q1
Monday, June 26, 2017 - 2:17pm | 409Following BlackBerry Ltd (NASDAQ: BBRY)’s disappointing first-quarter earnings report, some Wall Street analysts are now as skeptical as ever that BlackBerry’s software and services segments can generate the type of growth that the company is projecting. In the first quarter, BlackBerry...
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BlackBerry Q1 Doesn't Connect With Investors
Friday, June 23, 2017 - 9:07am | 556BlackBerry Ltd (NASDAQ: BBRY) shares are dropping in pre-market trading after the Waterloo, Ontario-based mobile-native software and services company reported Friday ahead of the market an unexpected profit for the first quarter. However, sales trailed expectations. The company also announced a...
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Credit Suisse Previews Blackberry's Q1 Earnings
Wednesday, June 21, 2017 - 8:55am | 454BlackBerry Ltd (NASDAQ: BBRY) will report its first quarter fiscal 2018 earnings on Friday, and analysts have set a low bar for the company to clear. Credit Suisse analyst Kulbinder Garcha previewed the report, reiterated an Underperform rating and $8 price target. The analyst is looking to see...
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3 Bullish Takeaways On Apple And The iPhone
Wednesday, June 14, 2017 - 10:51am | 376Kulbinder Garcha of Credit Suisse maintained an Outperform rating on Apple Inc. (NASDAQ: AAPL) with an unchanged $170 price target after taking a closer look at the company's outlook and coming to three bullish conclusions. First, Credit Suisse's Asia team cited a slight uptick in overall...
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What Did WWDC 2017 Do For Apple? The Sell-Side Weighs In
Tuesday, June 6, 2017 - 3:42pm | 772Apple Inc (NASDAQ: AAPL) investors and enthusiasts are excited about the new products and development tools Apple unveiled at its World Wide Developer Conference on Monday. Apple unveiled new augmented reality development toolkit ARKit, Siri speaker device HomePod, peer-to-peer payment platform Pay...
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What Bears And Bulls Each Liked About Nutanix's Q3
Friday, May 26, 2017 - 3:00pm | 617Nutanix Inc (NASDAQ: NTNX) shares were seen up roughly 12 percent on Friday after the company delivered a big fiscal Q3 earnings beat and guidance raise. After such a strong quarter, Nutanix bulls have plenty to be excited about, but bears also identified a things to like about the quarter as well...
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Nutanix's Q3 Beat 'Solid,' Guidance 'Robust'
Friday, May 26, 2017 - 8:58am | 424Shares of Nutanix Inc (NASDAQ: NTNX) soared higher by more than 15 percent early Friday morning after the company's fiscal third-quarter earnings report came in better than expected. Analyst's Take On Q3 Following the earnings report, Credit Suisse's Kulbinder Garcha maintains an Outperform rating...
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NetApp Upgraded Despite Near-Term Margin Weakness
Thursday, May 25, 2017 - 9:52am | 377Shares of NetApp Inc. (NASDAQ: NTAP) were trading lower by around 1 percent after the company's fiscal fourth-quarter earnings report came in better than expected, but the first-quarter outlook fell shy of what analysts had hoped for. But some among the Street found NetApp's earnings good enough to...
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Analyst: iPhone 8 Should Release Pent-Up Demand For Apple
Wednesday, May 24, 2017 - 8:54am | 340While Apple Inc. (NASDAQ: AAPL) is under a relatively slow period of news, the company is off to a solid 2017, with shares gaining nearly 33 percent year-to-date. The catalyst everyone is waiting for is the highly-anticipated iPhone 8 launch, likely set for a September release. Credit Suisse...
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Nutanix Shares 'Attractively Valued' Heading Into Q3 Report
Wednesday, May 24, 2017 - 8:19am | 333Nutanix Inc (NASDAQ: NTNX) shares are trading at attractive levels, according to a recent note from Credit Suisse. The firm reiterated an Outperform rating and $38 price target ahead of the company’s third-quarter earnings release, scheduled for May 25. “We believe the company’s...