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Hewlett Packard Enterprise Posts Q3 Beat: The Sell-Side Reacts
Wednesday, August 29, 2018 - 2:39pm | 476Hewlett Packard Enterprise Co. (NYSE: HPE) reported strong third-quarter earnings after the close Tuesday, sending shares higher by more than 2 percent in aftermarket trading. The Analysts Morgan Stanley analyst Katy Huberty maintained an Overweight rating on Hewlett Packard with a $21 price...
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NetApp's Q1 Looks Solid, But ELAs Create Confusion
Friday, August 17, 2018 - 9:22am | 455NetApp Inc. (NASDAQ: NTAP) reported a first-quarter earnings beat Wednesday, and second-quarter guidance fell relatively in-line with consensus estimates. Wall Street Weighs In Deutsche Bank analyst Sherri Scribner maintained a Sell rating on NetApp and raised the price...
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Wall Street Weighs In On Apple's Q3 Earnings Beat: Buybacks, Services, iPhone Demand In Focus
Wednesday, August 1, 2018 - 11:33am | 557Apple Inc. (NASDAQ: AAPL) shares were up more than 5 percent after the company released a much better-than-feared fiscal third-quarter earnings report. The stock was trading around $200 per share in mid-day trading Wednesday. Buybacks Making An Impact Deutsche Bank analyst Sherri Scribner said...
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HomePod 'Immaterial' To Apple Sales, Earnings: Deutsche Bank
Tuesday, April 24, 2018 - 3:45pm | 305Investors counting on Apple Inc. (NASDAQ: AAPL) to extract a meaningful boost in sales and earnings from its HomePod smart speaker may want to reconsider their thesis, at least according to Deutsche Bank. The Analyst Deutsche Bank's Sherri Scribner maintains a Hold rating on Apple stock....
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The Sell Side Reacts To NetApp's Consensus-Beating Q2
Thursday, November 16, 2017 - 5:47pm | 777Storage and data management company NetApp Inc. (NASDAQ: NTAP) reported forecast-beating second quarter results after the close Wednesday. A non-GAAP EPS of 81 cents and net revenue of $1.42 billion comfortably beat consensus estimates, which called for 69 cents per share in earnings and $1.38...
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Wall Street Still Loves Apple
Friday, November 3, 2017 - 12:43pm | 795Apple Inc. (NASDAQ: AAPL) stock jumped 2 percent on Friday to hit new all-time highs after the company reported a fiscal fourth-quarter earnings beat and issued guidance that impressed the market. A number of Wall Street analysts weighed in on Apple following the report. Here’s a rundown of...
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Analyst: Fitbit Stepping In Right Direction, But Qualms Continue
Thursday, August 3, 2017 - 9:44am | 341Fitbit Inc (NYSE: FIT), the maker of wireless and wearable tech that tracks how much exercise and sleep you get, is jogging in the right direction toward financial health, but concerns remain, an analyst said Thursday. Deutsche Bank’s Sherri Scribner said a second-quarter beat modestly raised...
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The Sell-Side Sentiment On Apple's Third Quarter
Wednesday, August 2, 2017 - 2:49pm | 552Apple Inc. (NASDAQ: AAPL) shares jumped more than 5 percent Wednesday, briefly pushing the Dow Jones Industrial Average above 22,000 for the first time. A number of Wall Street analysts weighed in on Apple following its huge second-quarter earnings report. Here’s a rundown of what they had to...
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Deutsche Bank Sees Apple Downside To $140 Following Q3 Earnings Report
Wednesday, August 2, 2017 - 10:36am | 402Apple Inc. (NASDAQ: AAPL)'s strong earnings report coupled with encouraging guidance and a more than 5-percent gain in the stock to hit a new all-time high isn't enough to sway analysts at Deutsche Bank to take a bullish stance. The firm's Sherri Scribner maintains a Hold rating on Apple's stock...
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What Did WWDC 2017 Do For Apple? The Sell-Side Weighs In
Tuesday, June 6, 2017 - 3:42pm | 772Apple Inc (NASDAQ: AAPL) investors and enthusiasts are excited about the new products and development tools Apple unveiled at its World Wide Developer Conference on Monday. Apple unveiled new augmented reality development toolkit ARKit, Siri speaker device HomePod, peer-to-peer payment platform Pay...
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IBM's Profitability Remains A Concern Following Mixed Q1 Results
Wednesday, April 19, 2017 - 8:50am | 325Sherri Scribner of Deutsche Bank maintained a Hold rating on International Business Machines Corp. (NYSE: IBM)'s stock with an unchanged $150 price target after the company's first quarter report failed to impress the Street. Scribner said IBM's earnings report signaled that benefits...
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Hewlett Packard Enterprise's Q1 Marred By Weak Sales At Microsoft
Friday, February 24, 2017 - 12:54pm | 420Shares of Hewlett Packard Enterprise Co (NYSE: HPE) plunged more than 8 percent following lower-than-expected quarterly sales and FY 2017 EPS outlook cut by $0.12 amid double-digit declines in servers and storage. Print, In Review Hewlett Packard Enterprise reported first-quarter adjusted EPS of $...
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iPhone 8: Sales Likely To Grow, But Not The 'Super Cycle' Some Expect
Tuesday, February 21, 2017 - 12:23pm | 375“The market continues to be optimistic on iPhone sales this year based on the expected launch of a 10th anniversary iPhone and the belief that the installed base is ripe for an upgrade,” Deutsche Bank’s Sherri Scribner said in a note, while maintaining a Hold rating on Apple Inc...
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Can IBM's Cloud Growth Outpace Declines In Its Core Business?
Friday, January 20, 2017 - 12:50pm | 263Deutsche Bank prefers to take a wait-and-watch approach on International Business Machines Corp. (NYSE: IBM) shares, citing low earnings quality and decline in core business. A Closer Look At The Quarterly Print Despite quarterly results topping the Street's view and FY 2017 non-GAAP EPS guidance...
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Jabil Circuit's Q1 Solid Despite Weakness In Its Apple-Related Business
Friday, December 16, 2016 - 2:45pm | 315Shares of Jabil Circuit, Inc. (NYSE: JBL) set a new 52-week high of $25.14 after reporting better-than-expected first quarter results despite weakness in its Apple Inc. (NASDAQ: AAPL)-related business. Jabil’s first quarter sales of $5.1 billion and EPS ex-options of $0.69 beat Consensus...