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Why Nimble Storage, Pure Storage Are In Free Fall
Friday, November 20, 2015 - 12:13pm | 782Shares of Nimble Storage Inc (NYSE: NMBL) lost nearly 50 percent on Friday, hitting a new 52-week low of $10.30. Nimble Storage reported a weaker-than-expected third quarter print and issued a downbeat outlook. Wall Street analysts were mostly negative on Nimble Storage, sending...
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Apple Named Barclays' Top IT Pick; HP, IBM, NetApp And Xerox Seen As Value Traps
Thursday, October 15, 2015 - 9:23am | 404Shares of most data networking and IT hardware majors are meaningfully down year-to-date. Barclays' Mark Moskowitz initiated coverage of the Data Networking and IT Hardware industries with a Positive view on the former and a Negative view on the latter. The Cloud is altering IT...
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J.P. Morgan Tech Tuesday Upgrades
Tuesday, December 17, 2013 - 2:38pm | 340J.P. Morgan analyst Mark Moskowitz upgraded Hewlett-Packard (NYSE: HPQ), Seagate Technology (NASDAQ: STX) and Western Digital (NASDAQ: WDC) today. Overview: Moskowitz upgraded Hewlett-Packard Company from Neutral to Overweight and raised the price target from $30.00 to $35.00. The analyst...
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UPDATE: J.P. Morgan Downgrades Violin Memory Following Deterioration Of Revenue Model
Friday, November 22, 2013 - 8:05am | 176In a report published Friday, J.P. Morgan analyst Mark Moskowitz downgraded Violin memory (NYSE: VMEM) from an Overweight rating to a Neutral rating, lowering the price target from $9.00 to $5.50. In the report, J.P. Morgan says "We are downgrading Violin Memory to Neutral from Overweight and...
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UPDATE: J.P. Morgan Maintains On Brocade On Expected Divestitures
Monday, November 18, 2013 - 9:55am | 130In a report published Monday, J.P. Morgan analyst Mark Moskowitz maintained an Underweight rating on Brocade (NASDAQ: BRCD) but raised the price target from $7.00 to $8.00. In the report, J.P. Morgan said "We are adjusting our Brocade model for market- and company-specific factors. Our F2013/F2014...
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J.P. Morgan Reiterates Neutral on Hewlett-Packard Ahead of Wednesday Analyst Meeting
Monday, October 7, 2013 - 10:46am | 166In a report published Monday, J.P. Morgan analyst Mark Moskowitz reiterated a Neutral rating and $29.00 price target on Hewlett-Packard Company (NYSE: HPQ). In the report, J.P. Morgan noted, “Neutral-rated Hewlett-Packard is set to host its analyst meeting on Wednesday, October 9 in San Jose. The...
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UPDATE: J.P. Morgan Raises PT on NetApp Following Good Results, Positive Outlook
Thursday, August 15, 2013 - 11:02am | 175In a report published Thursday, J.P. Morgan analyst Mark Moskowitz reiterated an Overweight rating on NetApp (NASDAQ: NTAP), and raised the price target from $45.00 to $46.00. In the report, J.P. Morgan noted, “While shares of OW-rated NetApp were under pressure in after-hours trading Wednesday...
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UPDATE: J.P. Morgan Raises PT on Hewlett-Packard Following Raised EPS Estimates
Wednesday, August 7, 2013 - 11:30am | 155In a report published Wednesday, J.P. Morgan analyst Mark Moskowitz reiterated a Neutral rating on Hewlett-Packard (NYSE: HPQ), and raised the price target from $24.50 to $29.00. In the report, J.P. Morgan noted, “For Neutral-rated Hewlett-Packard, we are lifting our non-GAAP EPS estimates and...
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UPDATE: J.P. Morgan Initiates CDW at Overweight on Beat-and-Raise Potential
Tuesday, August 6, 2013 - 10:37am | 160In a report published Tuesday, J.P. Morgan analyst Mark Moskowitz initiated coverage on CDW (NASDAQ: CDW) with an Overweight rating and $26.00 price target. In the report, J.P. Morgan noted, “We are initiating coverage of CDW at Overweight and with a Dec-14 price target of $26. As secular and...
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J.P. Morgan Reiterates Overweight Rating on Apple Ahead of Expected Shares Rally
Wednesday, July 24, 2013 - 11:12am | 172In a report published Wednesday, J.P. Morgan analyst Mark Moskowitz reiterated an Overweight rating and $545.00 price target on Apple (NASDAQ: AAPL). In the report, J.P. Morgan noted, “We expect shares of OW-rated Apple to exhibit a relief rally in the near term. The company's Sep-Q outlook...
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J.P. Morgan Reiterates Neutral Rating on Western Digital Following STEC Acquisition Announcement
Monday, June 24, 2013 - 11:31am | 156In a report published Monday, J.P. Morgan analyst Mark Moskowitz reiterated a Neutral rating on Western Digital (NASDAQ: WDC). In the report, J.P. Morgan noted, “This morning, Neutral-rated WD announced its intention to acquire sTec for $340M in cash, or an enterprise value of $207M when...
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China Telecom May Get iPhone In 2011
Friday, October 8, 2010 - 3:07am | 191China Telecom (NYSE: CHA), the country's third-largest mobile phone carrier, may get its hands on Apple's (Nasdaq: AAPL) iPhone early next year when Apple's exclusivity agreement with China Unicom (NYSE: CHU) ends. Citing a Deutsche Bank note, the South China Morning Post is reporting China Telecom...
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J.P. Morgan Lowers Seagate Technology (STX) Price Target
Tuesday, June 8, 2010 - 10:19am | 227J.P. Morgan analysts Mark Moskowitz and Anthony Luscri maintained their Neutral rating for shares of Seagate Technology (Nasdaq: STX), while lowering the price target to $23 per share, down from the previous price target of $27. The analysts said that their checks showed lower than expected demand...
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JP Morgan (JPM) Resumes Coverage Of Agilent Technologies Inc. (A) With Neutral Rating
Tuesday, June 1, 2010 - 12:53pm | 92Analysts Mark Moskowitz and Anthony Luscri at JP Morgan have released an update on Agilent Technologies Inc. (NYSE: A). The price target for the company has been set at $37. Analysts believe that the macro-related momentum that had benefited Agilent’s model in recent quarters stands to moderate,...
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JP Morgan Maintains Overweight Rating On International Business Machines Corp. (IBM)
Thursday, May 13, 2010 - 3:56pm | 95Analysts Mark Moskowitz and Anthony Luscri at JP Morgan have released an update on International Business Machines Corp. (NYSE: IBM). On Wednesday, the company hosted its analyst meeting. According to analysts, the key take away from the meeting was the introduction of a new 2015 roadmap to EPS of...