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Apple Succeeds In 'Getting Us To Talk About The Mac After Years Of Obscurity'
Wednesday, November 11, 2020 - 3:55pm | 529Apple Inc. (NASDAQ: AAPL) analysts are weighing in with their thoughts from the company’s "One More Thing" event that showed off the new M1 chip that will power the Mac laptops. Breaking Up With Intel: The move away from Intel Corporation (NASDAQ: INTC) with Apple's own...
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Apple Analysts On Q4 Results, iPhone 12 Product Cycle, Buying The Dip
Friday, October 30, 2020 - 12:32pm | 963Apple Inc. (NASDAQ: AAPL) reported strong fiscal-year fourth quarter results Thursday, although iPhone revenues came in softer than expected. The Apple Analysts: Wedbush analyst Daniel Ives maintained an Outperform rating on Apple with a $150 price target. Credit Suisse analyst Matthew Cabral...
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Dell Analysts React To Q2 Earnings Beat: 'Ride The Wave Of Remote Work'
Friday, August 28, 2020 - 11:06am | 523Dell Technologies Inc (NYSE: DELL) shares were moving higher Friday after the computing company reported a second-quarter earnings beat. Dell reported quarterly EPS of $1.92 on revenue of $22.77 billion after the close Thursday. Both numbers beat consensus analyst expectations of $1.39 and $...
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Apple's Path To $2 Trillion Is Set As Wall Street Lauds Resilience, Ecosystem Engagement
Friday, July 31, 2020 - 11:51am | 964Apple Inc. (NASDAQ: AAPL) reported solid results for the fiscal third quarter, sending its shares to record territory. The stock was jumping 7% to $411.47 at the time of publication. The Apple Analysts Credit Suisse analyst Matthew Cabral maintained a Neutral rating on Apple and increased the...
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Apple Shows Signs Of Recovery From Coronavirus, Doesn't Shake Bulls With Lack Of Guidance
Friday, May 1, 2020 - 11:21am | 1277Apple Inc.'s (NASDAQ: AAPL) fiscal second-quarter results bolstered hopes for a coronavirus recovery. Despite supply chain disruption, store shutdowns and declines in demand, the company’s $58.3 billion revenue and $2.55 bottom line beat first-quarter forecasts of $54.8 billion and $2.24...
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Return Of The iPhone: Sales Boost Apple, Keep Sell-Side Bullish
Wednesday, January 29, 2020 - 1:10pm | 759The iPhone is back. Apple Inc. (NASDAQ: AAPL) posted record revenue on a return to strength in sales of its signature smartphone, returning to profit growth in the first quarter after several quarters of slumping sales that had many wondering whether the iPhone had peaked and Apple might need to...
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IBM Analysts Divided Over Merit Of Q4 Beat, Strong Guidance
Wednesday, January 22, 2020 - 11:05am | 693IBM (NYSE: IBM) reported better-than-expected fourth-quarter results and also issued upbeat earnings forecast for fiscal year 2020. This is a turnaround from the third quarter, when it missed the consensus revenue estimate. The Analysts BofA Securities analyst Wamsi Mohan reiterated a Buy rating...
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Apple Averted An iPhone Fiasco With Phase 1 Trade Deal
Friday, December 13, 2019 - 4:55pm | 717The standoff in the U.S.-China trade talks has continued to haunt the financial markets for a while now. Stocks with significant exposure to China have been see-sawing amid conflicting reports concerning a resolution. With some clarity emerging with the clinching of a Phase 1 deal between the U.S...
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NetApp's Worst Is In The Rearview Mirror, Credit Suisse Says
Thursday, November 14, 2019 - 2:26pm | 313NetApp Inc. (NASDAQ: NTAP) took a “critical first step” on its path to recovery in the fiscal second quarter, according to Credit Suisse. The Analyst Credit Suisse’s Matthew Cabral maintained an Outperform rating on NetApp, while raising the price target from $60 to $70. The...
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What To Make Of Apple Earnings: Wearables, China And Apple TV+
Thursday, October 31, 2019 - 11:18am | 856Apple Inc. (NASDAQ: AAPL) shares traded higher by 2% on Thursday after the company beat earnings and revenue expectations in the fiscal fourth quarter and guided for better-than-expected sales in the critical holiday quarter. Apple reported 18% Services segment growth and 54% revenue growth in...
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The Street's Reaction To Apple's New Products: 'Meh On Phones But Wow, Streaming Is Really Cheap'
Wednesday, September 11, 2019 - 11:39am | 882While Apple Inc. (NASDAQ: AAPL) watchers zoned in Cupertino’s new iPhone and Apple TV+ unveil, reaction from analysts was a bit muted, though generally positive, with most saying the company did the expected with upgrades of existing products. One excited exception was for the unexpectedly...
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Analysts Weigh In On NetApp's Weak Q4, Stay Largely Bullish Chances Of Inflection
Thursday, May 23, 2019 - 10:45am | 646NetApp Inc. (NASDAQ: NTAP) reported after the market close Wednesday with below-consensus fourth-quarter earnings and issued a downbeat forecast for the first quarter. The company's third-quarter earnings report issued in February was also weak. The Analysts Credit Suisse analyst Matthew...
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Analyst Warns Stratasys Stock Moving At Odds With Fundamentals
Monday, June 26, 2017 - 2:54pm | 423Shares of Stratasys, Ltd. (NASDAQ: SSYS) lost more than 8 percent Monday morning after analysts at Goldman Sachs turned bearish on the stock. Goldman Sachs' Matthew Cabral downgraded the 3D printing company from Neutral to Sell with an unchanged $20 price target, which implies a downside of nearly...
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Goldman Previews Arista, NetApp, Zebra Tech Earnings; Prefers NetApp
Monday, February 13, 2017 - 1:03pm | 522Among a slew of upcoming technology earnings, Goldman Sachs expects a modest beat and raise from NetApp Inc. (NASDAQ: NTAP), projects an in-line number from Arista Networks Inc (NYSE: ANET) and anticipates sluggish retail trends to weigh on Zebra Technologies Corp. (NASDAQ: ZBRA) results. Following...
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Goldman Highlights Zebra As 'An Industry Leader' Within A 'Market In Transition'
Wednesday, June 8, 2016 - 1:46pm | 372Goldman has started coverage of Zebra Technologies Corp. (NASDAQ: ZBRA) with a Neutral rating and $55 price target, saying that despite growth drivers, gross margin weakness is keeping the brokerage on the sidelines. Justification For Neutral Rating "We believe that the company is well positioned...