Mehdi Hosseini

Shares of Western Digital Corp (NASDAQ: WDC) were trading lower on Tuesday, following the company’s weak fourth-quarter guidance. Here are some key analyst takeaways from the earnings release. Susquehanna On Western Digital Analyst Mehdi Hosseini reiterated a Neutral rating and price...

Shares of Micron Technology Inc (NASDAQ: MU) rose in premarket trading on Wednesday, even though the company reported disappointing earnings for the fiscal second quarter. Morgan Stanley On Micron Technology Analyst Joseph Moore maintained an Underweight rating and price target of $46. “The...

The consensus estimates for Corning Incorporated’s (NYSE: GLW) earnings in 2022 have been “de-risked from TV weakness,” which began materializing in mid-2021, since panel prices are likely to bottom by mid-2022 and TV unit shipments are likely to benefit from easier compares in...

Micron Technology, Inc. (NASDAQ: MU) stock has surged 55% through 2019. While performance may stall in 2020, one analyst anticipates a strong swell in 2021.  The Analyst  Susquehanna Financial Group analyst Mehdi Hosseini upgraded Micron from Neutral to Positive and nearly doubled...

Nutanix Inc. (NASDAQ: NTNX) was hit with a downgrade Monday, with Susquehanna citing increased competition and a hazy reception to its subscription model. The Analyst Susquehanna analyst Mehdi Hosseini downgraded Nutanix from Neutral to Negative and lowered the price target from $55 to $33. The...

Pure Storage Inc (NYSE: PSTG) reported a top-and-bottom-line beat in its fourth quarter results, but digging beyond the headline numbers reveals a few concerning metrics, according to Susquehanna. The Analyst Susquehanna Financial Group's Mehdi Hosseini downgraded Pure Storage's stock...

Semiconductor equipment maker Lam Research Corporation (NASDAQ: LRCX) could be a beneficiary of positive industry outlook for memory prices, according to Susquehanna Financial Group. The Analyst Susquehanna analyst Mehdi Hosseini upgraded shares of Lam Research from Neutral to Positive and...

Seagate Technology PLC (NASDAQ: STX) rallied Monday on a Seeking Alpha post that it could own $7.8 billion in Ripple, the majority owner of XRP. But the ostensible cryptocurrency play may not be as profitable as it appears. The Rating Susquehanna Financial Group analyst Mehdi Hosseini maintained...

Shares of Pure Storage Inc (NYSE: PSTG) were trading higher by around 3 percent Tuesday morning after analysts at Susquehanna Financial Group suggested the company is an attractive takeover target with the most likely buyer being Micron Technology, Inc. (NASDAQ: MU). Micron is reportedly parting...

Some Wall Street analysts have commented that Apple Inc. (NASDAQ: AAPL) is revising iPhone 8 build reductions lower. According to BlueFin Research Partners' John Donovan and Steve Mullane, however, there's no evidence of this. Donovan and Mullane commented in a report that the iPhone 8...

According to Susquehanna Financial Group's Mehdi Hosseini, Apple Inc. (NASDAQ: AAPL) is expected to build fewer iPhone 8 devices than previously expected following meetings with unnamed entities in Taiwan and Korea. Hosseini commented in a research report that Apple is now planning to build and...

Shares of SanDisk Corporation (NASDAQ: SNDK) were trading down roughly 0.75 percent on Thursday afternoon after Susquehanna analysts led by Mehdi Hosseini downgraded their rating on the stock from Positive to Neutral. The experts also cut their price target from $85 to $79 to reflect their...

Susquehanna’s Mehdi Hosseini downgraded the rating for Micron Technology, Inc. (NASDAQ: MU) from Positive to Neutral, while reducing the price target from $15 to $10. The analyst expects the company’s balance sheet to be under further pressure. Although Micron Technology’s...

One of the concerns for investors when Western Digital Corp (NASDAQ: WDC) agreed to buy SanDisk Corporation (NASDAQ: SNDK) was whether the solid-state drives (SSDs) of SanDisk would eat into the sales of Western Digital's hard disk drives (HDDs). SSDs provide substantial benefits over traditional...