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Stifel's 6 Takeaways From 3D Systems' Better-Than-Expected Q4
Friday, March 16, 2018 - 8:40am | 4023D Systems Corporation (NYSE: DDD) reported fourth-quarter results Wednesday that exceeded Wall Street's expectations but fell short of convincing Stifel to turn bullish. The Analyst Stifel's Patrick Newton maintains a Hold rating on 3D Systems' stock with a price target lifted...
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Stifel Still Bullish On Finisar Following Q4 Miss, Concerning Guidance
Friday, March 9, 2018 - 11:18am | 321Shares of Finisar Corporation (NASDAQ: FNSR) dropped Friday after the optical communications component maker reported below-consensus Q3 non-GAAP earnings per share and flat revenues. The Analyst Unperturbed by the negative results, Stifel analyst Patrick Newton remains at Buy on Finisar, but...
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What Wall Street Is Saying About Cisco's Q2 Report
Thursday, February 15, 2018 - 1:50pm | 962Shares of Cisco Systems, Inc. (NASDAQ: CSCO) hit a new multiyear high of $45.10 Thursday morning after the company's fiscal second-quarter earnings report came in better than expected and the low end of management's Q3 guidance exceeded Wall Street forecasts. The Analysts Morgan...
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4 Reasons To Be Bullish On Oclaro Shares
Monday, July 10, 2017 - 10:49am | 602Oclaro, Inc. (NASDAQ: OCLR) is an optical component maker headquartered in San Jose, California. In a note released on July 7, Stifel raised the price target on the shares of the company from $10 to $12. Analysts led by Patrick Newton gave four reasons for their more bullish stance. 1....
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Stifel Downgrades Stratasys, Says Earnings Leverage 'Disappeared'
Wednesday, February 4, 2015 - 10:27am | 243Patrick Newton of Stifel on Wednesday downgraded shares of Stratasys, Inc. (NASDAQ: SSYS) to Hold from Buy (with no established price target following a previous $110 estimate) following the company's conference call to discuss its preliminary 2014 and 2015 guidance and its newly announced...
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Stifel Initiates Coverage On Keysight Technologies
Tuesday, November 4, 2014 - 2:36pm | 199Stifel initiated coverage on Keysight Technologies Inc (NYSE: KEYS) Tuesday with a Hold rating. Analyst Patrick Newton noted that the stock has “(1) significant cash generation...(2) a leading market position in every end market it targets, (3)...history of innovation and strong client...
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UPDATE: Stifel Initiates Coverage On ExOne, See Shares Fairly Valued At $29
Friday, August 29, 2014 - 11:18am | 325Shares of ExOne (NASDAQ: XONE) are trading up Friday morning after Stifel announced new coverage on the 3D printer manufacturer. Analyst Patrick Newton issued a Hold rating without stating a price target, though the research firm did note that $29 per share is in line with its Discounted Cash...
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UPDATE: Stifel Initiates Coverage On Stratasys, Called 'Favorite Idea' In 3D
Friday, August 29, 2014 - 11:14am | 199Stratasys' (NASDAQ: SSYS) recent roll in the stock market got a nudge forward Friday when an analyst called the company his "favorite idea" in 3D printing. Stifel's Patrick Newton initiated coverage on the company with a Buy rating and said the company should post annual...
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UPDATE: Stifel Raises PT on Fabrinet on Expectation of Healthy Optical Trends
Wednesday, December 11, 2013 - 2:34pm | 178In a report published Wednesday, Stifel analyst Patrick Newton reiterated a Buy rating on Fabrinet (NYSE: FN), and raised the price target from $22.00 to $24.00. In the report, Stifel noted, “After recent optical communications channel checks our analysis indicates trends are generally positive...
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UPDATE: Stifel Downgrades FARO Technologies as Embedded Expectations Reflect Leverage/Growth Potential
Tuesday, November 12, 2013 - 10:17am | 163In a report published Tuesday, Stifel analyst Patrick Newton downgraded the rating on FARO Technologies (NASDAQ: FARO) from Buy to Hold, and removed the $50.00 price target. In the report, Stifel noted, “We are downgrading shares of FARO Technologies from Buy to Hold as shares have eclipsed our $...
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UPDATE: Stifel Downgrades Agilent Technologies on Valuation, Limited Upside
Tuesday, October 1, 2013 - 10:26am | 164In a report published Tuesday, Stifel analyst Patrick Newton downgraded the rating on Agilent Technologies (NYSE: A) from Buy to Hold, and removed the $52.00 price target. In the report, Stifel noted, “We are downgrading shares of Agilent from Buy to Hold due to valuation. Additionally, we see...
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UPDATE: Stifel Upgrades Fabrinet on Multiple Positive Factors
Thursday, September 26, 2013 - 10:23am | 143In a report published Thursday, Stifel analyst Patrick Newton upgraded the rating on Fabrinet (NYSE: FN) from Hold to Buy, and named a $20.00 price target. In the report, Stifel noted, “We are upgrading shares of Fabrinet to Buy and establishing a $20 price target. Our positive view on shares is...
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UPDATE: Stifel Raises PT on Finisar Following F1Q14 Results Report
Friday, September 6, 2013 - 10:06am | 189In a report published Friday, Stifel analyst Patrick Newton reiterated a Buy rating on Finisar Corporation (NASDAQ: FNSR), and raised the price target from $27.00 to $31.00. In the report, Stifel noted, “Finisar's F1Q14 (July) results provided little surprise given the company's positive pre-...
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UPDATE: Stifel Nicolaus Raises PT on Agilent Technologies Following Solid F3Q13 Report
Thursday, August 15, 2013 - 9:33am | 188In a report published Thursday, Stifel Nicolaus analyst Patrick Newton reiterated a Buy rating on Agilent Technologies (NYSE: A), and raised the price target from $48.00 to $52.00. In the report, Stifel Nicolaus noted, “Agilent reported F3Q13 (July) results with revenue and pro forma EPS of $1,...
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UPDATE: Stifel Nicolaus Raises PT on JDS Uniphase Following F4Q13 Results
Wednesday, August 14, 2013 - 9:41am | 183In a report published Wednesday, Stifel Nicolaus analyst Patrick Newton reiterated a Buy rating on JDS Uniphase (NASDAQ: JDSU), and raised the price target from $16.00 to $19.00. In the report, Stifel Nicolaus noted, “JDSU's F4Q13 (June) results generally matched our previewed expectations with...