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GoPro's Karma Implications: Goldman Sachs Sees $277 Million In Drone Revenues Next Year
Tuesday, September 20, 2016 - 7:48am | 355GoPro Inc (NASDAQ: GPRO) announced the launch of a subscription software offering, while introducing its first ever drone and refreshing its action camera portfolio with the new HERO5 Session and HERO5 Black. Goldman Sachs’ Simona Jankowski maintained a Neutral rating on the company,...
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What Everyone's Saying About The New Apple Watch
Thursday, September 8, 2016 - 4:13pm | 525Apple Inc. (NASDAQ: AAPL) presented its new smartwatch on Wednesday: the Apple Watch Series 2. The new device, Chief Operating Officer Jeff Williams said, offers a suite of novel features, including the possibility to contact emergency services instantly, the integration of Nintendo Co., Ltd (ADR...
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6 Takeaways From The Apple Event That Differed From Expectations
Thursday, September 8, 2016 - 7:29am | 358Following the launch event by Apple Inc. (NASDAQ: AAPL) for the iPhone 7 and Watch Series 2, Goldman Sachs’ Simona Jankowski mentioned that both products were mostly consistent with the consensus expectations. Jankowski reiterated a Buy rating on the company, with a price target of $124...
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Goldman Removes NetApp From 'Conviction Sell' List, Upgrades
Wednesday, August 24, 2016 - 10:06am | 315Goldman Sachs’ Simona Jankowski mentioned that NetApp Inc. (NASDAQ: NTAP) offers a balanced risk/reward, while expressing increased confidence in the company’s revenue stabilization. Jankowski upgraded the rating on the company from Sell to Neutral, while raising the price target...
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Goldman Sachs Downgrades Garmin To Sell, Concerned With Decelerating Growth In Fitness
Wednesday, August 24, 2016 - 9:02am | 387Following the recent run-up in shares of Garmin Ltd. (NASDAQ: GRMN), Goldman Sachs’ Simona Jankowski downgraded the rating on the company from Neutral to Sell, while maintained the price target at $46. The analyst noted that the price target now reflected 14 percent downside, versus the 1...
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Cisco's Good Quarter And Soft Guidance Keeps Goldman Neutral
Thursday, August 18, 2016 - 10:41am | 361Goldman Sachs maintained its Neutral rating on Cisco Systems, Inc. (NASDAQ: CSCO) following its better-than-expected fourth quarter earnings, but "soft" guidance for the first quarter. Cisco reported fourth quarter sales/non-GAAP EPS at $12.6 billion/$0.63, versus GS estimate and the...
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Goldman Maintains Sell On NetApp, Wary Of Competition
Thursday, August 18, 2016 - 8:50am | 274NetApp Inc. (NASDAQ: NTAP) reported its F1Q results ahead of expectations and provided in-line guidance. Competitive pressures continue to adversely impact the company’s product margins, Goldman Sachs’ Simona Jankowski said in a report. She maintained a Sell rating on the company,...
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Goldman Sachs Sees Several Positives Going Into GoPro's HERO5 Launch
Thursday, July 28, 2016 - 8:11am | 383GoPro Inc (NASDAQ: GPRO) reported a strong F2Q, and HERO5 and drone launch appears to be on track for the Holidays, Goldman Sachs’ Simona Jankowski said in a report. He maintained a Neutral rating on the company, with a price target of $11. GoPro reported its June quarter sales at $221mn...
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Apple's Q3 Report: The Current Sell-Side Sentiment
Monday, July 25, 2016 - 5:34pm | 477Apple Inc. (NASDAQ: AAPL) is scheduled to announce its Q3 results after Tuesday's market close. Let's take a quick look into what notable firms think about the stock. On Monday, BGC's Colin Gillis downgraded Apple's stock from Hold to Sell, trimming his price target from $110...
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Juniper's Improving Demand Drives Goldman Forecasts For A Q2 Beat
Monday, July 25, 2016 - 12:03pm | 316Goldman Sachs’ Simona Jankowski expects Juniper Networks, Inc. (NYSE: JNPR) to report a modest Q2 beat and see sequential improvements throughout 2016. Jankowski maintained a Buy rating on the company, with a price target of $31. Q2 Beat Expected The analyst explained that the Q2 beat...
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Goldman Expects A Weak Quarter From GoPro
Monday, July 25, 2016 - 8:46am | 327GoPro Inc (NASDAQ: GPRO) is likely to report a weak quarter, as expected, and there is downside to the 3Q guidance, Goldman Sachs’ Simona Jankowski said in a report. He maintained a Neutral rating on GoPro, with a price target of $11, saying that the company’s performance has been...
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Goldman Sachs Sees 25% Upside In Qualcomm, Adds To Conviction List
Thursday, July 21, 2016 - 7:31am | 329QUALCOMM, Inc. (NASDAQ: QCOM) reported its first year-over-year revenue growth in four quarters. Goldman Sachs’ Simona Jankowski maintained a Buy rating on the company, while raising the price target from $64 to $70. She also added the stock to the Conviction List. Qualcomm’s...
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Goldman On Apple: 'Stock Likely Range-Bound Until iPhone 7'
Wednesday, July 13, 2016 - 7:37am | 310Apple Inc. (NASDAQ: AAPL) is likely to deliver a modest beat in its F3Q results, although shares could remain range-bound until the iPhone 7 launch in September, Goldman Sachs’ Simona Jankowski said in a report. He maintained a Buy rating on the company, with a price target of $124. The...
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Goldman Warns On Cisco: 'Running Out Of Levers'
Wednesday, June 15, 2016 - 10:00am | 187Goldman Sachs' Simona Jankowski removed Cisco Systems, Inc. (NASDAQ: CSCO) from Americas Buy List and downgraded the company from Buy to Neutral. 'Exhausted' Levers Cisco's three main levers are "largely exhausted" in Jankowski's eyes: Server share gain are leveling off Expanding operating...
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Goldman On Apple's iOS 10 Updates
Tuesday, June 14, 2016 - 8:06am | 306Apple Inc. (NASDAQ: AAPL) inaugurated its 4-day Worldwide Developers Conference [WWDC] 2016 on June 13 with updates on iOS 10. Goldman Sachs’ Simona Jankowski maintained a Buy rating for the company, with a price target of $124. The analyst believes the WWDC event would not impact the stock...