-
Despite Supply Chain Weakness, Credit Suisse Likes Apple's Long-Term Outlook
Friday, January 8, 2016 - 9:04am | 266Read More...Apple Inc. (NASDAQ: AAPL) shares have declined 23.26 percent over the past six months, down to a low of $96.45 on Thursday. Kulbinder Garcha of Credit Suisse has maintained an Outperform rating and price target of $140 on the company. Despite the continuing supply chain weakness, Garcha...
-
Credit Suisse Fails To See Material Upside In NetApp
Tuesday, December 22, 2015 - 8:52am | 363Read More...NetApp Inc. (NASDAQ: NTAP) shares have been on a downturn in 2015, and are down 34 percent year-to-date. Credit Suisse’s Kulbinder Garcha maintained a Neutral rating on the company, with a price target of $31. The SolidFire acquisition would boost NetApp’s performance in the...
-
Why BlackBerry Has 20% Downside
Thursday, December 17, 2015 - 11:12am | 330Read More...Shares of BlackBerry Ltd (NASDAQ: BBRY) have gained 9 percent in the last three months. Credit Suisse’s Kulbinder Garcha maintained an Underperform rating on the company, with a price target of $6. The company faces inherent challenges in turning around its services and hardware...
-
From Disappointment To Modest Optimism: The Street Is Mixed On Qualcomm
Wednesday, December 16, 2015 - 3:20pm | 805Read More...Shares of QUALCOMM, Inc. (NASDAQ: QCOM) were trading lower by around 1 percent Wednesday morning. Qualcomm's management confirmed it will maintain its existing corporate structure. The company also reaffirmed a prior commitment to return 75 percent of free cash flow, which will allow greater...
-
Credit Suisse Lowers iPhone Estimates Again, But Likes Long-Term Outlook
Wednesday, December 16, 2015 - 10:04am | 338Read More...Apple Inc. (NASDAQ: AAPL) shares have declined 12.95 percent over the past six months, while appreciating 0.1 percent year-to-date. Kulbinder Garcha of Credit Suisse maintained an Outperform rating on the company, with a price target of $140. The iPhone estimates for CY16 have been lowered by 8...
-
Credit Suisse Lowers Qualcomm's Price Target, Calls It A 'Recovery Story For 2016'
Wednesday, December 16, 2015 - 9:57am | 362Read More...Shares of QUALCOMM, Inc. (NASDAQ: QCOM) have declined 35.4 percent year-to-date, touching a low of $46.83 on December 14. Kulbinder Garcha of Credit Suisse maintained an Outperform rating on the company, while lowering the price target from $73 to $67. Garcha believes that the stock is currently...
-
Credit Suisse Is Buying HP Enterprise, Says M&A 'Will Be Key'
Monday, December 14, 2015 - 10:19am | 327Read More...Shares of Hewlett Packard Enterprise Co (NYSE: HPE) are down 14 percent since October 20, when they closed at $16.87. Credit Suisse’s Kulbinder Garcha upgraded the rating on the company from Neutral to Outperform, while raising the price target from $19 to $21. The company’s...
-
Credit Suisse Upgrades Alcatel-Lucent And Nokia, Downgrades Ericsson
Tuesday, December 1, 2015 - 9:52am | 496Read More...Analysts at Credit Suisse upgraded shares of Alcatel Lucent SA (ADR) (NYSE: ALU) and Nokia Corporation (ADR) (NYSE: NOK) to Outperform ahead of their merger. Analysts at Credit Suisse also downgraded shares of Ericsson (ADR) (NASDAQ: ERIC) to Underperform. The analysts noted a ‘...
-
Credit Suisse Lowers Hewlett-Packard Estimates
Wednesday, November 25, 2015 - 11:13am | 700Read More...Shares of both HP Inc (NYSE: HPQ) and Hewlett Packard Enterprise Co (NYSE: HPE) have been under pressure in the last 5 trading days, and are down 4 percent and 16 percent, respectively, since November 19. Credit Suisse’s Kulbinder Garcha maintained an Outperform rating on HP Inc and a...
-
What Does Icahn Mean For Xerox?
Tuesday, November 24, 2015 - 11:02am | 295Read More...Shares of Xerox Corp (NYSE: XRX) have declined 22.37 percent year-to-date, with the share price almost touching its 52-week low on October 27. Kulbinder Garcha of Credit Suisse has maintained a Neutral rating on the company, with a price target of $10. Carl Icahn announced on November 23 that he...
-
Credit Suisse Sees 16% Further Downside In Cisco Shares Following Q1 Results
Friday, November 13, 2015 - 9:27am | 381Read More...Cisco Systems, Inc. (NASDAQ: CSCO) shares are down 5 percent in the last six months, having plunged from above $29 to below $25 within a week in August. Credit Suisse’s Kulbinder Garcha maintained an Underperform rating on the company, with a price target of $22. The 2Q guidance...
-
What Are Wall Street's Top Analysts Saying About Cisco Before Thursday's Results?
Thursday, November 12, 2015 - 3:09pm | 1116Read More...Shares of Cisco Systems, Inc. (NASDAQ: CSCO) are nearly flat over the past three months, but are higher by more than 11 percent over the past year. Cisco is scheduled to report its first quarter 2016 (October ending) results after Thursday's market close. Wall Street analysts are mostly mixed...
-
This Report Says iPhone Supply Chain Orders Have Weakened, And It's Sending Apple Shares Lower
Tuesday, November 10, 2015 - 9:24am | 357Read More...Apple Inc. (NASDAQ: AAPL) shares have appreciated 7.54 percent over the past month, hitting a high of $123.33 on November 3. Kulbinder Garcha of Credit Suisse has maintained an Outperform rating on the company, with a price target of $140. Although continued weakness in the supply chain...
-
How Credit Suisse Is Playing Hewlett Packard Now
Monday, November 2, 2015 - 9:55am | 348Read More...Hewlett-Packard Company (NYSE: HPQ) shares have lost 34 percent year-to-date, and are trading at the low end of their 52-week range of $24.30 - $41.10. Credit Suisse’s Kulbinder Garcha initiated coverage of the company with an Outperform rating and a price target of $19. Despite an...
-
Calls Of Note: The Research Moving Stocks Today
Thursday, August 6, 2015 - 12:03pm | 907Read More...The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." FBR: Upgrading Sprint David Dixon of FBR & Co. upgraded shares of Sprint Corp (NYSE: S) to Outperform from Market Perform with...
