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Yahoo's Biggest Question Is Alibaba But 'Answers Unlikely' On Call, Gene Munster Warns
Tuesday, July 21, 2015 - 9:16am | 390In a report published Monday, Piper Jaffray analyst Gene Munster commented that Yahoo! Inc. (NASDAQ: YHOO)'s "biggest question" is the acceptance of the Alibaba Group Holding Ltd (NYSE: BABA) tax treatment by the U.S. government. Munster noted that Yahoo filed last week the...
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iPhone Momentum, China On Apple Analysts' Minds Heading Into Tuesday's Report
Monday, July 20, 2015 - 2:20pm | 931Apple Inc. (NASDAQ: AAPL) is scheduled to report its third quarter results after Tuesday's market close. Estimize, the crowd-sourced earnings and economic rating platform is expecting the company to earn $1.86 per share in the quarter on revenue of $49.346 billion. This compares to the Wall Street...
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Are Intel's Biggest Analysts Bullish?
Wednesday, July 15, 2015 - 2:14pm | 547Intel Corporation (NASDAQ: INTC) is scheduled to report its second quarter results after market close on Wednesday. Estimize, the crowd-sourced earnings and economic rating site, is estimating Intel will earn $0.52 in the second quarter on revenue of $13.243 billion. This compares to the Wall...
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Why Wearables Are The Next 'Mega Trend'
Monday, July 13, 2015 - 9:10am | 475In a report published Monday, Piper Jaffray analyst Erinn Murphy explored the Wearable Technology space, noting that it will be the next "mega trend." Wearable technology involves the use of a device that is worn on a person and connects to a network (through wireless technology such...
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Piper Jaffray Comments On JC Penney's 'Good News' And 'Not So Good News'
Monday, March 9, 2015 - 9:03am | 290In a report published Monday, Piper Jaffray analyst Neely J.N. Tamminga commented that a recent survey exploring women's shopping behavior and intentions showed that J C Penney Company Inc (NYSE: JCP) has improved its overall rank as a preferred shopping destination for fashion from number...
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Deckers Outdoor Preview: Did Cold Weather Boost Demand for UGG Boots?
Thursday, February 27, 2014 - 4:30pm | 529Deckers Outdoor (NASDAQ: DECK) is scheduled to report its fourth quarter results on Thursday after the closing bell. The company is expected to earn $3.78 per share on revenue of $711.47 million. On January 30, Under Armour reported a strong fourth quarter result driven by a surge in demand for...
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Best Buy Shares Plunge On Disappointing Holiday Sales Data
Thursday, January 16, 2014 - 12:01pm | 792On Thursday morning, Best Buy (NYSE: BBY) announced holiday results that were disappointing. The company reported revenue of $11.45 billion during the nine week period that ended January 4. The company collected $11.75 billion during the same period last year. Holiday sales were hurt by a...
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UPDATE: Piper Jaffray Downgrades Trius Therapeutics Following Cubist Acquisition
Wednesday, July 31, 2013 - 11:20am | 209In a report published on Wednesday, Piper Jaffray analyst Edward Tenthoff downgraded Trius Therapeutics (NASDAQ: TSRX) from Overweight to Neutral and raised the price target from $11.00 to $14.82. In the report, Piper Jaffray stated, "Yesterday, Cubist (CBST) announced the acquisition of Trius...
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One of 2012's Worst Performers, Molycorp, Hit by Downgrade
Tuesday, November 13, 2012 - 2:48pm | 394Shares of Molycorp (NYSE: MCP) continued to move lower on Tuesday, trading down over four percent. Analysts at Morgan Stanley opted to downgrade the stock to Equal-weight, noting that the ongoing SEC investigation was an overhang on the price of shares. Even without Morgan Stanley's downgrade,...
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UPDATE: PiperJaffray Reiterates Neutral Rating, Lowers PT on Valassis Communications
Friday, April 27, 2012 - 12:07pm | 134In a company note released earlier today, PiperJaffray reiterated its Neutral rating on Valassis Communications, Inc. (NYSE: VCI) but lowered its price target from $24.00 to $22.00. PiperJaffray went on to say “It's hard to ignore secular headwinds facing VCI. While sluggish CPG spending was...
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UPDATE: PiperJaffray Reiterates Overweight Rating, Raises PT for KLA-Tencor
Friday, April 27, 2012 - 11:47am | 90In a company note issued earlier today, PiperJaffray reiterated its Overweight rating for KLA-Tencor Corporation (NASDAQ: KLAC) and raised its price target from $59.00 to $62.00. PiperJaffray went on to say “While the order outlook for June'12 qtr is modest, with $1.3bn in systems backlog, $2.3bn...
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Piper Jaffray Reiterates Overweight Rating on Finisar Corporation
Monday, August 15, 2011 - 7:01am | 115Piper Jaffray has published a report Finisar Corporation (NASDAQ: FNSR) reiterating the price target and rating for the network equipment producer. In the report, Piper Jaffray wrote, "We believe this will provide a short-term boost for Finisar and other optical suppliers and we continue to...
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UPDATE: Piper Jaffray Lowers PT on comScore from $27 to $18
Thursday, August 4, 2011 - 6:49am | 109Piper Jaffray has published a report on comScore Inc reiterating the rating and lowering the price target. In the report, Piper Jaffray wrote, "While the bar was certainly lowered, incremental concerns relating to the macro environment and resulting extension of sales cycles leave us sidelined at...
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Piper Jaffray Raises Estimates for RealD Inc
Friday, July 29, 2011 - 9:00am | 117Piper Jaffray has published a report on RealD Inc (NYSE: RLD) raising estimates for the 3D technology licencor. In the report, Piper Jaffray wrote, "RealD reported excellent operating results after the close beating EPS (reported $0.17 vs. our $0.05 and consensus of $0.04). Net licensing revenues...
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Piper Jaffray Maintains Stance on Apple
Friday, July 15, 2011 - 7:21am | 123PiperJaffray has published a report on Apple (NYSE: AAPL) maintaining the previous evaluation of the company's performance. According to PiperJaffray, "We remain comfortable in our iPhone estimates for the June quarter (16m units) and through 2012. Last night Google announced Android activated...