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Apple Catalysts 'Out Of Steam,' Says Nomura
Tuesday, April 28, 2015 - 11:55am | 299Upside, if any, in Apple Inc. (NASDAQ: AAPL)'s share price in the next few quarters will get driven by the company's watch product, according to an analyst Tuesday. But the Apple Watch is "a solution in search of a problem," according to the analyst, Nomura's Stuart...
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Nomura: Apple Expected To Raise Total Cash Return Target
Friday, April 10, 2015 - 11:25am | 170Nomura Equity Research on Friday issued a report on Apple Inc. (NASDAQ: AAPL) ahead of its April 27 results announcement. Nomura rates Apple as Neutral with a $129 price target. Analyst Stuart Jeffery wrote, "We expect Apple to raise its total cash return target through to end CY2015 from $130...
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Here's Why Nomura Remains So-So On Apple
Tuesday, March 10, 2015 - 9:01am | 192In a report published Tuesday, Nomura analyst Stuart Jeffrey commented that Apple Inc.'s (NASDAQ: AAPL) pricing of its new products were "impressive," but the features "less so." Jeffrey noted that a strong health monitoring capability and contextually predictive information display capability...
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Nomura Raises Price Target On Cisco Systems's Roadmap To the Mid-$30s
Thursday, February 12, 2015 - 5:50pm | 163Nomura raised its price target on Cisco Systems, Inc. (NASDAQ: CSCO) Thursday from $29 to $32 and maintained a Buy rating following the company’s Q2 earnings release. Analyst Stuart Jeffrey noted that the company’s shares trade at a 28 percent discount to the market, however, its...
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Apple Q1 Earnings Preview; Analysts Slightly Mixed
Tuesday, January 27, 2015 - 11:18am | 455Apple Inc. (NASDAQ: AAPL) will report fiscal Q1 earnings after the market close on Tuesday. The Street expects revenue to come in at $67.69 billion with EPS of $2.60. Wells Fargo analyst Maynard Um raised the firm’s estimates above consensus on Monday to $69.1 billion in revenue with EPS...
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Analysts: Demand Intact For F5 Networks Products
Thursday, January 22, 2015 - 11:54am | 337F5 Networks, Inc. (NASDAQ: FFIV) first earnings miss in seven quarters may not signal a change in its long-term growth trend according to several analysts Thursday. Shares of the company opened sharply lower and traded recently at $111.85, off more than 11 percent. F5 said Wednesday that...
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Nomura Cuts BlackBerry Price Target, Sees 'Rocky Road To Recovery'
Monday, December 22, 2014 - 1:48pm | 245Nomura reiterated its Neutral rating on BlackBerry Ltd (NASDAQ: BBRY) Monday and cut its price target from $10.60 to $10.30. Analyst Stuart Jeffrey felt the company has a “rocky road to recovery” and he continued to look for “reasons to be more positive.” “The...
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Nomura Raises Apple Price Target
Tuesday, September 2, 2014 - 9:32am | 111Nomura Securities kept its Neutral rating on Apple (NASDAQ: AAPL), but did raise the price target from $95 to $104. In a note out Monday morning, Nomura analyst Stuart Jeffrey touched on valuation and EPS growth, saying that shares of Apple, although not expensive, are trading toward the upper...
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Analysts Say BlackBerry 'Still In The Woods,' Stock Up Anyway
Friday, June 20, 2014 - 1:47pm | 257BlackBerry (NASDAQ: BBRY) gained nine percent after opening sharply higher Friday when it posted a narrower-than-expected quarterly loss. Despite BlackBerry's relatively rosy first-quarter revenue of $966 million and an adjusted loss of $0.11 per share, analysts were largely unmoved. But...
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UPDATE: Nomura Downgrades F5 Networks
Thursday, January 23, 2014 - 9:53am | 158In a report published Thursday, Nomura analyst Stuart Jeffrey downgraded F5 Networks (NASDAQ: FFIV) from Buy to Neutral, raising its price target to $111.00 from $100.00. According to the report, the analysts cite that they may be a little premature in their downgrade as positive momentum could...
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UPDATE: Nomura Upgrades Motorola Solutions
Thursday, January 23, 2014 - 9:17am | 164In a report published Thursday, Nomura analyst Stuart Jeffrey upgraded Motorola Solutions (NYSE: MSI) to Buy from Neutral, raising its price target to $72.00 from $65.00. According to the report, the upgrade follow the view that MSI is a solid and steady performer with buybacks alone driving EPS...
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UPDATE: Nomura Reiterates on Cisco Systems on Near-Term Challenges, Limited Downside Risk
Thursday, November 14, 2013 - 9:57am | 127In a report published Thursday, Nomura analyst Stuart Jeffrey reiterated a Buy rating on Cisco Systems (NASDAQ: CSCO), but lowered the price target from $27.50 to $24.50. In the report, Nomura noted, “Cisco reported slightly better-than-expected Q1 EPS of 53c vs consensus of 51c, with strong gross...
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UPDATE: Nomura Reiterates on Apple Following New iPad Announcement
Wednesday, October 23, 2013 - 8:36am | 197In a report published Wednesday, Nomura analyst Stuart Jeffrey reiterated a Neutral rating on Apple (NASDAQ: AAPL), and raised the price target from $480.00 to $513.00. In the report, Nomura noted, “Apple announced a new 9.7” iPad, as expected, and a new iPad mini with Retina screen (a positive,...
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UPDATE: Nomura Lowers PT on BlackBerry Following Q2 Headline Results Miss
Monday, September 23, 2013 - 9:03am | 166In a report published Monday, Nomura analyst Stuart Jeffrey reiterated a Neutral rating on BlackBerry Ltd. (NASDAQ: BBRY), but lowered the price target from $10.00 to $9.00. In the report, Nomura noted, “BlackBerry pre-announced Q2 headline results, saying that revenues will be around $1.6bn (...
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BlackBerry Workforce May be Cut Up to 40 Percent (BBRY)
Friday, September 20, 2013 - 9:32am | 669Things are not going well at BlackBerry (NASDAQ: BBRY). Everybody knows that. The company is getting ready to cut its workforce by as much as 40 percent by the end of the year, according to The Wall Street Journal. As of March, BlackBerry had 12,700 employees. Under the worst-case scenario, by...