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Here's How BlackBerry Can Hit $500M In Software Revenue (And Win Over Investors)
Monday, December 14, 2015 - 10:41am | 352BlackBerry Ltd (NASDAQ: BBRY) shares are down 17 percent in the last six months, even after inching up through October and November. RBC Capital Markets’ Mark Sue maintained a Sector Perform rating on the company, with a price target of $8. The Priv launch and the acquisition of...
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RBC Maintains Outperform On Garmin Ahead Of 'Important Holiday Season For Wearables'
Wednesday, November 18, 2015 - 8:35am | 334Shares of Garmin Ltd. (NASDAQ: GRMN) have declined 32.46 percent year-to-date, reaching a low of $35.39 on November 13. RBC Capital’s Mark Sue has maintained an Outperform rating on the company, with a price target of $40. In the near term, the company’s dividend yield of 6...
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RBC Downgrades F5 Networks, Says Neither Dividends Nor Catalysts Are Coming
Thursday, October 29, 2015 - 9:22am | 346F5 Networks, Inc. (NASDAQ: FFIV) has seen an 8.57 percent decline in its share price year-to-date, from a high of $132.71 on December 30, 2014. RBC Capital’s Mark Sue has downgraded the rating on the company from Outperform to Sector Perform, while lowering the price target from $130...
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Early Wall Street Reactions To Cisco's Impressive Earnings
Thursday, August 13, 2015 - 9:46am | 483Cisco Systems, Inc. (NASDAQ: CSCO) reported better-than-expected fourth-quarter results after Wednesday's market close. Shares were up more than 4 percent shortly after Thursday's opening bell. Several analysts offered an early analysis of the print. William Blair: Strong Quarter...
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RBC Moves To Sidelines On Radware, But Long-Term Investors Have Positives
Wednesday, July 29, 2015 - 10:07am | 266In a report published Wednesday, RBC Capital analyst Mark Sue downgraded the rating on Radware Ltd. (NASDAQ: RDWR) from Outperform to Sector Perform, while lowering the price target from $29 to $20, on concerns that the company might continue to face execution challenges in Asia for another two...
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RBC: Buy Fitbit, It's 'Not A Fad'
Tuesday, June 30, 2015 - 10:06am | 358In a report published Tuesday, RBC Capital analyst Mark Sue initiated coverage of Fitbit Inc (NYSE: FIT) with an Outperform rating and $45 price target. According to the RBC Capital report, "The connected health/fitness market is in the early growth stages, Fitbit is rapidly gaining share...
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BlackBerry Earnings: Wall Street, Main Street Divided
Monday, June 22, 2015 - 3:24pm | 375Shares of BlackBerry Ltd (NASDAQ: BBRY) are up on Monday, ahead of the announcement of the company’s first quarter (fiscal 2016) financial results, scheduled for Tuesday morning before the market opens. According to Estimize, the Street is modeling a 63 percent year-over-year reduction in...
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Why Nokia Has Multiple Catalysts, Multiple Suitors For HERE Business
Thursday, June 18, 2015 - 2:21pm | 258In a report issued Thursday, RBC Capital Markets associates Ameet Prabhu, Spencer Green and analyst Mark Sue shared their impressions on Nokia Corporation (ADR) (NYSE: NOK), following their lunch with CEO Rajeev Suri. RBC believes the company’s stock carries the highest potential return...
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'All Eyes' On BlackBerry Next Week
Thursday, June 18, 2015 - 2:10pm | 431BlackBerry Ltd (NASDAQ: BBRY) could dump its operating system in favor of Android-based devices, even as it increasingly emphasizes software sales, an analyst said Thursday. RBC Capital's Mark Sue said an Android-based device might now be in the works at BlackBerry, in a "first step...
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RBC Upgrades Corning, Says It Has 'Stronger Gorilla Long-Term'
Tuesday, June 16, 2015 - 10:44am | 239In a report published Tuesday, RBC Capital analyst Mark Sue upgraded the rating on Corning Incorporated (NYSE: GLW) from Sector Perform to Outperform, with a price target of $26, based on the company's strong cash returns, improvements in EPS growth in CY16, greater Optical scale and the awaited 4K...
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RBC Sees 'Land-Grab' Opportunity For Mobileiron
Thursday, March 26, 2015 - 3:44pm | 233Mobileiron Inc (NASDAQ: MOBL) stands to make hay from a trend toward employees using their own computer devices on secure corporate networks, an analyst said Thursday. RBC Capital's Mark Sue launched coverage on the mobile device management company with a Buy rating and $13 target....
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Cisco Systems, Inc. Could Unlock 50% Upside By Following eBay Inc Model
Wednesday, October 1, 2014 - 4:27pm | 155Cisco Systems, Inc. (NASDAQ: CSCO) should follow the lead of eBay Inc (NASDAQ: EBAY), according to RBC Capital Markets analyst Mark Sue, by unlocking shareholder value via spinoffs. Sue feels the fast growing wireless, security and data center segments, which generate more $10 billion annually...
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RBC Capital Markets Upgrades Arris Group on Cable Modem Market Position
Tuesday, January 7, 2014 - 1:08pm | 261In a report published Tuesday, RBC Capital Markets analyst Mark Sue upgraded Arris Group, Inc. (NASDAQ: ARRS) to Outperform from Sector Perform, raising its price target from $118.00 to $128.00. According to the article, the upgrade is based on market share gains from competitor Cisco, who seems...
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Analysts Comment on BlackBerry's Weak 3Q14
Friday, December 20, 2013 - 5:18pm | 360Analysts Comment on BlackBerry's (NASDAQ: BBRY) weak third quarter 2014 results. BlackBerry reported third quarter adjusted EPS of $0.67 vs $0.43 estimate. EPS were down 205% from the same quarter last year. Revenue was reported at $1.19B versus the estimate of $1.58. The company also noted that...
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RBC Capital Markets Lowers Price Target For Qualcomm Incorporated (QCOM)
Thursday, April 22, 2010 - 2:42pm | 73Analysts Mark Sue and Joseph Longobardi at RBC Capital Markets have lowered the price target for Qualcomm Incorporated (NASDAQ: QCOM) from $55 to $48. The company reported its second-quarter results on Wednesday. Qualcomm reported second-quarter EPS of $0.59, ahead of consensus estimate of $0.57....