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All The Ratings And Price Targets On Twilio Ahead Of Its Q2 Print
Monday, August 7, 2017 - 12:27pm | 356Twilio Inc (NYSE: TWLO) is set to report second-quarter earnings Tuesday after the market close. Shareholders are hoping for signs of positive momentum from the cloud communications stock, and Wall Street is mostly optimistic about the outlook for Twilio. Wall Street analysts are expecting Twilio...
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How The Toshiba-Western Digital Beef Could Be A Boon For Micron Technology
Friday, June 30, 2017 - 11:33am | 418Micron Technology, Inc. (NASDAQ: MU) 4-percent decline Friday morning isn't deterring analysts at Pacific Crest from calling for the stock to double in value moving forward. Pacific Crest's Weston Twigg commented in a research report after Micron's earnings report that the company has shown it is...
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PROS Holdings May Be One Of The More Interesting Opportunities In Business Services Software
Thursday, June 29, 2017 - 11:09am | 341Pacific Crest said PROS Holdings, Inc. (NYSE: PRO) is one of the more interesting opportunities in its space, given an improving model and 40 percent, plus medium-term subscription growth opportunity. Analysts Ben McFadden and Clarke Jeffries touted the company as an attractive investment...
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The App Store Is The Jewel In Apple's Services Crown, But Has Its Growth Peaked?
Wednesday, June 28, 2017 - 4:13pm | 439Pacific Crest Securities speculated in a note on Tuesday that growth at Apple Inc. (NASDAQ: AAPL)'s Services business may have peaked. Pace Of Services Growth To Decline Significantly Analysts led by Andy Hargreaves expect App Store growth of 32 percent in fiscal year 2017. The analysts indicated...
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Up 300% Since Last Year's IPO, Is It Time To For Impinj Shares To Take A Breather?
Tuesday, June 27, 2017 - 10:29am | 439“Nothing is wrong; people just now ‘get’ the Radio-frequency identification (RFID) opportunity,” Pacific Crest Securities analyst Brad Erickson said as he downgraded IMPINJ Inc (NASDAQ: PI) to a Sector-Weight rating. The stock, up over 100 percent since early March, has too...
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A Peek Into The Markets: U.S. Stock Futures Gain Ahead Of Durable-Goods Orders Report
Monday, June 26, 2017 - 7:50am | 445Pre-open movers U.S. stock futures traded higher in early pre-market trade. Data on durable goods orders for May and the Chicago Fed National Activity Index for May will be released at 8:30 a.m. ET. Futures for the Dow Jones Industrial Average climbed 68 points to 21,407.00, while the Standard...
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Despite Sustainability Concerns, Analyst Getting Positive On Nvidia And AMD Fundamentals
Tuesday, June 20, 2017 - 12:47pm | 771Semiconductor stocks have been some of the most volatile stocks in the market in the past few years. After his latest round of supply change checks in the space, Pacific Crest analyst Michael McConnell has updated the firm’s outlook for a few of the most popular semiconductor stocks....
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A Peek Into The Markets: U.S. Stock Futures Edge Higher Ahead Of Fed Speakers
Tuesday, June 20, 2017 - 7:19am | 398Pre-open movers U.S. stock futures traded higher in early pre-market trade. The current account report for the first quarter is schedule for release at 8:30 a.m. ET. Boston Federal Reserve Bank President Eric Rosengren will speak in Amsterdam at 8:15 a.m. ET, while Dallas Federal Reserve Bank...
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Tesla Tops $350 For The First Time Ahead Of Shareholder Meeting
Tuesday, June 6, 2017 - 3:17pm | 414Tesla Inc (NASDAQ: TSLA) shares broke through the $350 level for the first time on Tuesday ahead of the company’s annual shareholder meeting this afternoon. Tesla continued its incredible 2017 momentum heading into the highly-anticipated release of the Model 3, which is expected to begin...
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Will Apple Be Able To Bounce Back In The Chinese Smartphone Market?
Monday, June 5, 2017 - 1:35pm | 482UBS analyst Steven Milunovich reiterated a Buy rating for Apple Inc. (NASDAQ: AAPL) with a price target of $170 after publishing research on the company’s Chinese market. The analyst sees China as the swing factor in whether Apple can achieve the 15 percent iPhone unit increase UBS predicts...
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A Peek Into The Markets: U.S. Stock Futures Edge Lower Ahead Of Economic Data
Monday, June 5, 2017 - 7:41am | 444Pre-open movers U.S. stock futures traded slightly lower in early pre-market trade. Data on nonfarm productivity and unit labor costs for the first quarter will be released at 8:30 a.m. ET, while US Services Purchasing Managers' Index for May will be released at 9:45 a.m. ET. Data on factory...
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Ambarella Sharply Lower After Pacific Crest Downgrade
Tuesday, May 30, 2017 - 9:52am | 102Ambarella Inc (NASDAQ: AMBA) shares are trading lower by $4.10 at $60.95 early in Tuesday's session. The catalyst for the 7-percent decline appears to be the downgrade from Pacific Crest. Before the open, the company lowered its rating on the issue from Overweight to Sector Weight. After a lower...
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As Veeva's Opportunity Expands, Expect The Stock's Multiple To Do The Same
Tuesday, May 30, 2017 - 9:47am | 382Veeva Systems Inc (NYSE: VEEV) shares were up 7.7 percent Friday after the company reported operating income, revenue and guidance that handily topped Wall Street expectations. But even after the big move, Veeva shares may still have some upside remaining in the months ahead. Veeva Vault's Momentum...
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What Bears And Bulls Each Liked About Nutanix's Q3
Friday, May 26, 2017 - 3:00pm | 617Nutanix Inc (NASDAQ: NTNX) shares were seen up roughly 12 percent on Friday after the company delivered a big fiscal Q3 earnings beat and guidance raise. After such a strong quarter, Nutanix bulls have plenty to be excited about, but bears also identified a things to like about the quarter as well...
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Reverse Engineering: E-Behemoth Amazon Ironically Opens Brick-And-Mortar Store In Manhattan
Friday, May 26, 2017 - 2:39pm | 510Amazon.com, Inc., (NASDAQ: AMZN), which is used to putting bricks-and-mortar enterprises out of business, opened an actual physical store in New York City and likely will continue to build a retail presence in other locations, a group of Pacific Crest analysts led by Brent Bracelin said Friday. The...