Rajesh Ghai

Macquarie’s Rajesh Ghai reiterated an Outperform rating on Hewlett Packard Enterprise Co (NYSE: HPE), with a price target of $22. $2 Billion In Proceeds Ghai mentioned the company had announced “Tsinghua's subsidiary Unisplendour had received approval from the Chinese...

In a new report, Macquarie analyst Rajesh Ghai discusses his divergent outlooks for two tech hardware stocks: Hewlett Packard Enterprise Co (NYSE: HPE) and NetApp Inc. (NASDAQ: NTAP). According to Ghai, the low market expectations for Hewlett Packard combined with the run-up in NetApp shares may...

Macquarie initiated coverage of Hewlett Packard Enterprise Co (NYSE: HPE) with a Neutral rating and $13 price target saying that though the company would benefit from a spinoff, it is too early for HPE to stem the market share declines in a challenging industry environment. "While we believe HPE is...

In a report issued Thursday, Macquarie analyst Rajesh Ghai looked into Cisco Systems, Inc. (NASDAQ: CSCO) after its recent top and bottom-line beat, and the “warm send-off to its outgoing CEO John Chambers.” Despite the bullishness surrounding the earnings report, the expert looks...

In a report published Tuesday, Macquarie analyst Rajesh Ghai initiated coverage of Cisco Systems, Inc. (NASDAQ: CSCO) with an Underperform rating and price target of $26. Although the company is expected to report strong quarterly results, the analyst expressed concerns regarding the longer-term...

CalAmp Corp. (NASDAQ: CAMP) shares surged Tuesday as it beat EPS estimates by $0.02 and was upgraded by Macquarie Research to Outperform. Analyst Rajesh Ghai's $23 price target remained unchanged in a report issued late Monday. Ghai believed "that CAMP is on the cusp of a material...

In a report published Thursday, Craig-Hallum Capital Group analyst Rajesh Ghai upgraded the rating on Mellanox Technologies Ltd. (NASDAQ: MLNX) from Hold to Buy, and raised the price target from $52.00 to $54.00. In the report, Craig-Hallum Capital Group noted, “While we continue to be less...

Analyst Rajesh Ghai of ThinkEquity Partners reiterates his "buy" rating on Netezza Corporation (NYSE: NZ). According to ThinkEquity Partners, recent checks within the System Integrator community are indicating rising demand for Data Warehousing Projects and a strong traction for TwinFin,...