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Deutsche Bank, Credit Suisse Still Buying Micron Despite Lower PC Demand/Pricing
Monday, August 3, 2015 - 3:27pm | 531Last Friday, DRAM Exchange released PC contract pricing for the second half of July. After falling 8 percent in April, 5 percent in May and 2 percent in June, July pricing dropped about 15 percent month-over-month. In a report issued Monday, Credit Suisse analyst John Pitzer and his team noted...
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Is Micron's Downside Risk Limited Ahead Of Earnings?
Wednesday, April 1, 2015 - 9:03am | 280In a report published Tuesday, Deutsche Bank analyst Sidney Ho previewed Micron Technology, Inc. (NASDAQ: MU)'s second quarter print that will be released Wednesday after market close. Ho projected Micron will earn $0.74 per share in the second quarter on revenue of $4.20 billion. However, the...
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Micron Technology Q3 Outlook Will Disappoint, Says Deutsche Bank
Monday, March 16, 2015 - 3:00pm | 233Micron Technology, Inc. (NASDAQ: MU) is likely to offer a third-quarter outlook below expectations, with earnings hitting a trough in the period, an analyst said Monday. Deutsche Bank's Sidney Ho reiterated a Buy rating and $40 target, while acknowledging near-term weakness in the company...
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Marvell Technology Earnings To Be Soft, Says Deutsche Bank
Tuesday, February 17, 2015 - 12:09pm | 190Deutsche Bank on Monday previewed Marvell Technology Group Ltd. (NASDAQ: MRVL) as the semiconductor producer is expected to report fourth quarter results on Thursday, February 19. Currently, Deutsche Bank rates Marvell Technology as a Hold with a price target of $14.00. Analysts Ross Seymore, Matt...
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Deutsche Bank Previews SanDisk's Q4 Earnings
Tuesday, January 20, 2015 - 5:13pm | 214Deutsche Bank issued a Q4 earnings preview on SanDisk Corporation (NASDAQ: SNDK) Tuesday and reiterated a Buy rating and $100 price target. Analyst Sidney Ho noted that the company lowered its 4Q revenue forecast last week “from $1.80-1.85bn to $1.73bn, citing weaker than expected sales...
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Lam Research Analyst Roundup
Monday, December 8, 2014 - 11:48am | 339Analysts commented on Lam Research Corporation (NASDAQ: LRCX) Monday after attending technology conferences. Bank of America rated Lam Research a Buy and raised its price target from $80 to $92. Analyst Krish Sankar thought “Lam is likely to outperform its peers this cycle due to its...
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UPDATE: Deutsche Bank Reiterates On Lam Research On Multiple Positive Factors
Monday, December 8, 2014 - 10:47am | 124In a report published Monday, Deutsche Bank analyst Sidney Ho reiterated a Buy rating on Lam Research Corporation (NASDAQ: LRCX), and raised the price target from $81.00 to $95.00. In the report, Deutsche Bank noted, “LRCX is well positioned to gain share in the wafer fab equipment (WFE) market,...
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UPDATE: Deutsche Bank Upgrades Applied Materials
Monday, December 8, 2014 - 9:28am | 172Deutsche Bank upgraded Applied Materials, Inc. (NASDAQ: AMAT) from Hold to Buy and raised its price target from $22 to $30. Analyst Sidney Ho commented that “AMAT is an underappreciated technology leader...We expect AMAT to benefit from multiple technology inflections in the next two to...
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UPDATE: Deutsche Bank Initiates Coverage On KLA-Tencor On Fair Valuation
Monday, December 8, 2014 - 9:26am | 150In a report published Monday, Deutsche Bank analyst Sidney Ho initiated coverage on KLA-Tencor Corporation (NASDAQ: KLAC) with a Hold rating and $68.00 price target. In the report, Deutsche Bank noted, “KLAC is a well-run company with a strong market share in process control of the WFE market. It...
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Deutsche Bank Sees Solid 3Q For SanDisk Corporation
Tuesday, October 14, 2014 - 11:07am | 215Deutsche Bank issued a 3Q Preview for SanDisk Corporation (NASDAQ: SNDK) on Tuesday and expected a "solid quarter and guidance." Analysts Sidney Ho and Ross Seymore expected Sandisk to "report inline to slightly better 3Q results relative to DBe revenue/EPS of $1.73b/$1.24. The...
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Micron Technology, Inc. Benefits From Industry Consolidation, Analysts Say
Saturday, September 27, 2014 - 11:22am | 220Micron Technology, Inc. (NASDAQ: MU) may be gaining stability from and industry consolidation among computer chip makers, an analyst said Friday. Micron shares rose sharply after missing fiscal first-quarter Street views but forecasting sales of its dynamic random-access memory chips well above...
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Nomura Raises PT On Micron Technology
Friday, June 13, 2014 - 8:48am | 108In a research note released Thursday, Nomura analyst Sidney Ho increased her price target on Micron Technology (NASDAQ: MU) from $30 to $40. The firm has a Buy rating on the company. Most of the move in the stock price came from guidance revisions. Ho said, “The stock deserves multiple expansion,...
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UPDATE: Nomura Downgrades SanDisk on Unfavorable Risk-Reward
Thursday, December 12, 2013 - 11:45am | 160In a report published Thursday, Nomura analyst Sidney Ho downgraded the rating on SanDisk Corporation (NASDAQ: SNDK) from Neutral to Reduce, and lowered the price target from $66.00 to $56.00. In the report, Nomura noted, “We are lowering our rating on SanDisk from Neutral to Reduce, as we believe...
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Texas Instruments Releases Mid-Quarter Revision, Citi Lowers Target Price (TXN)
Wednesday, June 9, 2010 - 9:12am | 71Citi analysts Glen Yeung and Sidney Ho changed the target price for Texas Instruments (NYSE: TXN) from $32 to $31. Citi rates TXN at Buy/Medium Risk. Texas Instruments provided a mid-quarter update on 6/8, tightening its 2Q10 outlook from $3.31B-3.59B to $3.45B-$3.59B. The analysts think that chip...