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Barclays Finds The Post-Earnings Bump In NetApp Surprising
Thursday, November 17, 2016 - 11:15am | 284NetApp Inc. (NASDAQ: NTAP) reported Q2 results and Q3 guidance ahead of expectations on the back of “yet another round of cost cuts and restructuring measures.” Barclays’ Mark Moskowitz maintained an Underweight rating on NetApp, while raising the price target from $25 to $27...
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What Wall Street Is Saying About NetApp's Q2
Thursday, November 17, 2016 - 10:58am | 640Shares of NetApp Inc. (NASDAQ: NTAP) gained more than 10 percent during Wednesday's after-hours trading session, as the company impressed investors with its second-quarter earnings report. Here is a summary of what Wall Street analysts are saying. Morgan Stanley Katy Huberty of Morgan Stanley...
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Barclays: 'iPhone Goodness Cometh'
Wednesday, October 26, 2016 - 8:50am | 343Reviewing Apple Inc. (NASDAQ: AAPL)'s September quarter results, Barclays commented, "iPhone goodness cometh." The firm noted the company's loyal customer base and a record number of Android conversions benefited its iPhone results and implied guidance. Beats On All...
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Barclays Says IBM's Q3 'Not Much To Get Excited About'
Tuesday, October 18, 2016 - 12:49pm | 324Following International Business Machines Corp. ‘s (NYSE: IBM) third quarter results, Barclays recommends trimming positions, as the self-help trade could start to unwind. Analyst Mark Moskowitz views the results as low in quality and noted that margin expansion was missing. Following...
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Barclays Advises Profit Taking In Hewlett Packard Enterprise, Sees Lack Of Upside
Tuesday, October 11, 2016 - 9:37am | 393Barclays recommends investors to take profits in Hewlett Packard Enterprise Co (NYSE: HPE) given limited near-term upside for the "remain co." "While investors might be interested in incremental benefits for HPE's pro forma model from the pending services and software spins, we think the pro forma...
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Barclays Removes Apple As A 'Top Pick'; Warns Global Smartphone Growth Recovery Could Be Pushed Out
Thursday, September 29, 2016 - 1:19pm | 254Apple Inc. (NASDAQ: AAPL) shareholders have gotten a lot of conflicting news about the market reception for the iPhone 7 and its potential impact on Apple stock. The latest news from Barclays paints a somewhat bleak picture. Barclays analyst Mark Moskowitz has removed Apple’s Top Pick...
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Hewlett-Packard Enterprise's Spinoff Leaves Remaining Company On 'Wrong Side Of The Cloud'
Thursday, September 8, 2016 - 10:56am | 391Barclays’ Mark Moskowitz believes Hewlett Packard Enterprise Co (NYSE: HPE) is not in a strong position to benefit from cloud disruption over the next three to five years. Moskowitz maintains an Underweight rating on the company, while raising the price target from $16 to $17. Wrong Side Of...
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Barclays Recommends Investors Initiate Or Add To Positions In Western Digital
Thursday, September 8, 2016 - 10:34am | 324Western Digital Corp (NASDAQ: WDC) preannounced healthy September-quarter numbers, while indicating that it would provide more details on its financial metrics during its late October earnings call. This commentary “is a positive development for investor sentiment,” Barclays’...
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HP Inc Had 'Some Good, Some Bad'
Thursday, August 25, 2016 - 9:28am | 338Barclays expects HP Inc (NYSE: HPQ) shares to be under pressure in the near term, as pull-forward of divestiture gains into the July quarter and disappointing printing trends contribute to a softer EPS guide for October's quarter. HP Inc reported revenue and non-GAAP EPS of $11.9 billion and $0.48...
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Barclays Says Nimble Storage Is 'Good Enough,' But Remains On The Sidelines
Wednesday, August 24, 2016 - 2:33pm | 280Barclays maintained its Equal-Weight rating on Nimble Storage Inc (NYSE:NMBL) despite the company reporting a solid quarter and guidance, driven by strong demand for all-flash arrays (AFA). "We think investors can remain in the stock, but we recommend not building any outsized positions...
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Cisco's Price Target Boosted To $34 At Barclays Ahead Of Q2 Report
Monday, August 15, 2016 - 9:00am | 300Cisco Systems, Inc. (NASDAQ: CSCO) has stable margins and cash flows, with less cloud disruption risk, Barclays’ Mark Moskowitz said in a report. He maintained an Overweight rating on the company, while raising the price target from $31 to $34. Technology categories are converging due to...
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Xerox Shares Not Expected To Enjoy Much Lift, In Barclays' View
Monday, August 1, 2016 - 1:17pm | 396Barclays maintains its Underweight rating on Xerox Corp (NYSE: XRX), saying that the shares may be pressured as "red flags waving" in the services segment, which in turn would prevent further upside beyond Friday's 4 percent rise. Xerox reported quarterly revenue of $4.4 billion, in line with...
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5 Apple Earnings Reactions From Notable Market Commentators
Thursday, July 28, 2016 - 8:55am | 571Apple Inc. (NASDAQ: AAPL)'s stock on Wednesday had one of its best single-day performances in recent history after the company's third-quarter earnings report came in better than expected. The question many investors are now asking is if Apple's stock can continue moving higher over both the short...
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Barclays Weighs In On Apple's Street Beat
Wednesday, July 27, 2016 - 1:38pm | 494Barclays said Apple Inc. (NASDAQ: AAPL) shares should move higher in the near term following its better-than-expected quarterly results, which suggested iPhone unit trends and consolidated gross margin were better than feared. The Quarter, In Review Apple's third-quarter EPS/revenue came in at $1....
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IBM's Earnings Beat, Guidance Not Enough To Brighten Barclays' View Of The Stock
Tuesday, July 19, 2016 - 10:33am | 317Barclays’ Mark Moskowitz expects International Business Machines Corp. (NYSE: IBM) shares to trade flat to up in the near term, with the 2Q results and C2016 guidance supporting the “self-help” trade. Moskowitz maintains an Underweight rating on the company, with a price target of...