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Western Digital-SanDisk Combo Is This Analyst's 'Best' Idea For 2016
Thursday, January 7, 2016 - 8:45am | 312Read More...Declining steadily since October 7, shares of Western Digital Corp (NASDAQ: WDC) have lost 29 percent over three months. Pacific Crest’s Monika Garg maintained an Overweight rating on the company, with a price target of $100. The combination of Western Digital and SanDisk...
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Mentor Graphics: Here's What Worries Investors
Friday, November 20, 2015 - 2:40pm | 566Read More...Shares of Mentor Graphics Corp (NASDAQ: MENT) plunged more than 32 percent on Friday. Mentor Graphics reported a roughly in-line third quarter, but issued guidance that was meaningfully below Wall Street's expectations. Wall Street's reaction was mostly unanimous with at least four research firms...
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Pacific Crest Downgrades Seagate Amid Share Loss
Friday, October 16, 2015 - 8:55am | 324Read More...Seagate Technology PLC (NASDAQ: STX) shares have been highly volatile over the past three months, and have lost 12 percent since July 16. Pacific Crest’s Monika Garg downgraded the rating on the company to Sector Weight. Seagate preannouncement was negative, reflecting a decline in...
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KeyBanc Calls PTC 'Leader In PLM, CAD,' Starts At Overweight
Thursday, October 8, 2015 - 9:43am | 266Read More...PTC Inc (NASDAQ: PTC) shares are down 8 percent year-to-date, declining steadily after hitting a high of $42.53 on June 22. KeyBanc Capital Markets’ Monika Garg initiated coverage of the company with an Overweight rating and a price target of $40. PTC is a market leader in PLM and...
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Why These Analysts Are Bullish On Opower After Meeting With Management
Monday, August 31, 2015 - 4:37pm | 406Read More...Pacific Crest analysts Monika Garg, Brendan Barnicle and Jason Celino recently met with Opower Inc (NYSE: OPWR)’s CFO Thomas Kramer and IR director Charlie Mayer. In a report issued Sunday, they assured that the meetings affirmed their confidence on the company’s growth potential,...
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Calls of Note: The Research Notes Moving The Market This Monday
Monday, August 17, 2015 - 1:09pm | 1211Read More...The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Pacific Crest: It's ‘OK' Apple iPhone Units Might Decline Next Year Andy Hargreaves of Pacific Crest believes that Apple Inc. (NASDAQ: AAPL) will...
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Seagate Expected To Deliver Worst Quarter In Years
Friday, July 31, 2015 - 6:48am | 460Read More...Although many investors are talking about Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX) ahead of quarterly financial results, scheduled for Friday morning, other popular companies are also reporting on the last day of the week. Among them is Seagate Technology PLC...
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Hard Disk Stocks: Estimates Cut On Wall Street, Guidance Expected To Be Lower
Tuesday, July 28, 2015 - 9:09am | 551Read More...In a report published Monday, Pacific Crest analyst Monika Garg previewed Hard Disk (HDD) vendors ahead of their earnings print, noting the group is expected to report in-line to slightly lower June quarter results. According to Garg, the HDD total addressable market (TAM) will total 113...
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Pacific Crest Says SanDisk's 'Big Beat' Suggests Company Making A 'Comeback'
Thursday, July 23, 2015 - 9:43am | 346Read More...Shares of SanDisk Corporation (NASDAQ: SNDK) were trading higher by more than 10 percent Thursday after the company reported its second quarter results Wednesday afternoon. In a report published Thursday, Pacific Crest analyst Monika Garg commented that SanDisk's "big beat"...
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Pacific Crest Constructive On SanDisk, ARM Holdings
Monday, July 20, 2015 - 2:09pm | 461Read More...On Sunday, Pacific Crest analysts Monika Garg, Jason Celino, Michael McConnell and Hans Chung issued two reports previewing earnings for SanDisk Corporation (NASDAQ: SNDK) and ARM Holdings plc (ADR) (NASDAQ: ARMH). SanDisk SanDisk is to announce its financial results after the market closes...
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Pacific Crest On SanDisk: We Are Buyers As 'Preannouncement Issues Are Behind Us'
Tuesday, March 10, 2015 - 12:08pm | 224Read More...In a report published Monday, Pacific Crest analyst Monika Garg reiterated an Outperform rating and a $116 price target on shares of SanDisk Corporation (NASDAQ: SNDK). The firm's analysts recently met with the company's CFO Judy Bruner, its IR team and key investors, and this meeting...
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Cypress-Spansion Merger A 'Great Marriage,' But Big Synergies Will Take Time
Thursday, December 4, 2014 - 12:04pm | 676Read More...Cypress Semiconductor Corporation (NASDAQ: CY) and Spansion Inc. (NYSE: CODE) announced their plans to merge late Monday, December 2, boosting the value of both companies. Analysts were fairly happy with the news, prompting many to issue an upgrade. "I think it's a good merger...
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Micron Technology, Inc. Benefits From Industry Consolidation, Analysts Say
Saturday, September 27, 2014 - 11:22am | 220Read More...Micron Technology, Inc. (NASDAQ: MU) may be gaining stability from and industry consolidation among computer chip makers, an analyst said Friday. Micron shares rose sharply after missing fiscal first-quarter Street views but forecasting sales of its dynamic random-access memory chips well above...
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Will Micron Technology, Inc.'s Earnings Prove The Company Is Undervalued?
Wednesday, September 24, 2014 - 4:31pm | 616Read More...Micron Technology, Inc. (NASDAQ: MU) will report after the market closes on Thursday, September 25. So, should investors be excited or worried? "The thing that I think everyone is looking for is how they will guide the DRAM pricing going forward," Pacific Crest analyst Monika Garg...
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UPDATE: Pacific Crest Securities Reiterates On Cadence Design Systems Following Slight Beat
Tuesday, July 22, 2014 - 9:09am | 151Read More...In a report published Tuesday, Pacific Crest Securities analyst Monika Garg reiterated an Outperform rating on Cadence Design Systems (NASDAQ: CDNS), and raised the price target from $18.00 to $20.00. In the report, Pacific Crest Securities noted, “Cadence posted a slight EPS and revenue beat. The...
