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The Best-Selling And Fastest-Growing Cannabis Brands, According To LeafLink
Monday, November 19, 2018 - 10:00am | 799Read More...LeafLink has released the first LeafLink List, a ranking of the best-selling and fastest-growing brands and products on its platform. What Is LeafLink LeafLink is a wholesale cannabis ordering platform and B2B marketplace that covers 12 US states. It hosts over 700 brands and 2,500 retailers on its...
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Micron Shares Continue Lower As Analysts Leaning Bearish
Thursday, March 31, 2016 - 11:47am | 647Read More...Analysts are leaning bearish on Micron Technology, Inc. (NASDAQ: MU) whose shares fell more than 3 percent after the semiconductor company posted mixed second quarter results and outlook fell short of expectations. Micron posted a net loss of $(0.05) per share, smaller than the Street's...
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Summit Upgrades CyberArk To Buy, Raises Price Target To $50
Monday, March 14, 2016 - 7:55am | 308Read More...Summit’s Srini Nandury upgraded the rating for Cyberark Software Ltd (NASDAQ: CYBR) from Hold to Buy, while raising the price target from $30 to $50. The analyst cited compelling valuation and strength in security spending as the reasons for the upward revisions. Security Spending...
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FireEye Investors Respond To M&A And Guidance, But Is The Street Convinced?
Thursday, January 21, 2016 - 12:29pm | 741Read More...On Wednesday, FireEye Inc. (NASDAQ: FEYE) released preliminary 4Q15 earnings and announced that it will acquire iSight Partners for $200 million in cash. "This acquisition extends FireEye's intelligence lead with an offering no one else in the industry can match," FireEye CEO...
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Micron Stock Whiffs...Are Analysts Jumping Ship?
Wednesday, December 23, 2015 - 10:55am | 818Read More...Micron Technology, Inc. (NASDAQ: MU) shares have been on a downward trajectory in 2015, and have lost 58 percent year-to-date. Several analysts reduced their estimates and price targets for the company. The analysts expressed concern over the company’s disappointing guidance, amid...
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Summit Sees More Questions, Less Answers At Micron
Friday, October 2, 2015 - 9:41am | 310Read More...Micron Technology, Inc. (NASDAQ: MU) shares have plummeted 58 percent year-to-date, and are trading close to the lower-end of their 52-week range of $13.50 - $36.59. Summit’s Srini Sundararajan maintained a Buy rating on the company, with a price target of $25. Despite beating...
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Summit's Guo Downgrades Baidu On O2O Concerns
Wednesday, September 30, 2015 - 9:02am | 370Read More...Summit Research has downgraded Baidu Inc (NASDAQ: BIDU) to Hold on margin weakness. The firm believes that Baidu’s investment in O2O initiatives will negatively impact its bottom line. Summit remains bullish on Baidu’s core search business. Summit Research has downgraded...
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Theravance Just Lost Its Catalyst
Wednesday, September 9, 2015 - 1:45pm | 490Read More...Shares of Theravance Inc (NASDAQ: THRX) fell more than 12 percent Wednesday morning after the company's commercial partner, GlaxoSmithKline plc (ADR) (NYSE: GSK), disclosed topline results from SUMMIT. Theravance's trial attempted to prove survival benefits for Breo in COPD patients and failed to...
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Semi, IC Stocks Clobbered; Summit's Srini Sundararajan Provides Some Insight
Wednesday, July 22, 2015 - 3:48pm | 418Read More...Semiconductors stocks are tumbling. The following stocks, among others, are down at least 4 percent on Wednesday afternoon: Apple Inc. (NASDAQ: AAPL) Linear Technology Corporation (NASDAQ: LLTC) Skyworks Solutions Inc (NASDAQ: SWKS) Analog Devices, Inc. (NASDAQ: ADI) Qorvo Inc (...
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Summit: Buy SanDisk, 'The Time Has Come'
Monday, June 22, 2015 - 7:21am | 289Read More...In a report published Monday, Summit analyst Srini Sundararajan upgraded the rating on SanDisk Corporation (NASDAQ: SNDK) to Buy, with an $85 price target. The analyst believes that it is time to buy the stock, given that all the factors that were adversely impacting it are now in the past. "There...
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Summit Still Overweight Baidu, Sees 'Significant' Long-Term Mobile Monetization Potential
Wednesday, June 17, 2015 - 8:34am | 248Read More...In a report published Wednesday, Summit Research analyst Henry Guo maintained a Buy rating on Baidu Inc (ADR) (NASDAQ: BIDU), with a price target of $256, saying that the concerns surrounding mobile search monetization appear unwarranted. Baidu's shares have recently underperformed China internet...
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Analysts: NetApp Product Transition Harder Than Expected
Thursday, May 21, 2015 - 11:50am | 338Read More...At least two analysts downgraded NetApp Inc. (NASDAQ: NTAP) Thursday after the data storage company missed quarterly expectations and offered a disappointing outlook. The company traded recently at $31.27, down 11 percent. NetApp's transition to cloud-related products will take longer...
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Everything The Street Has Said About Alibaba Recently
Wednesday, May 6, 2015 - 11:41am | 585Read More...Alibaba Group Holding Ltd (NYSE: BABA) reports Q1 results Thursday and traders are awaiting the news. After its September 2014 IPO, the stock climbed to over $119 in November only to decline in the following months. Since its IPO, the stock has fallen approximately 15 percent and recently...
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Workday Analyst Roundup After Q3 Results
Tuesday, November 25, 2014 - 4:55pm | 659Read More...Workday Inc (NYSE: WDAY) beat Q3 estimates Monday but shares fell on the news of the company’s outlook. By Tuesday afternoon, the stock traded at $87.19, down 5.73 percent. Below are highlights from analyst comments after the earnings news along with current rating and price targets....
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Summit: Mentor Graphics Revenue Stream Increasingly Predictable
Friday, November 21, 2014 - 4:21pm | 224Read More...Mentor Graphics Corp (NASDAQ: MENT) increasingly predictable revenue stream should drive its shares higher, an analyst said Friday. The supplier of electronic design automation tools recently beat Wall Street's third-quarter earnings expectations, but offered a disappointing fourth-quarter...
