-
Here's How Much SanDisk Would Help Micron
Wednesday, October 14, 2015 - 3:48pm | 356Media reports have suggested that Micron Technology, Inc. (NASDAQ: MU) might be in talks with SanDisk Corporation (NASDAQ: SNDK)’s management to acquire to company. In a recent report, analysts at Jefferies share a few reasons to believe this combination would be positive. Shares of...
-
An Apple Car Is Worth 3% Of 2016 Earnings; Not Enough To Get Excited About
Thursday, September 24, 2015 - 9:33am | 358The share price of Apple Inc. (NASDAQ: AAPL) has increased by more than 8 percent over the past month. Jefferies’ Sundeep Bajikar has maintained a Hold rating on the company, with a price target of $126. Bajikar believes that the automobile industry is poised for disruption and...
-
Why Apple's Presentation Fell Flat
Thursday, September 10, 2015 - 2:45pm | 766Shares of Apple Inc. (NASDAQ: AAPL) were higher by 2 percent Thursday morning. Apple's Wednesday presentation fell "flatter than the new iPad," according to Pacific Crest. Jefferies says Apple is in a "transition" phase. Shares of Apple Inc. traded lower immediately following its much...
-
Jefferies Says Apple's Key Question May Be: Is China Brand Power Sustainable?
Wednesday, July 22, 2015 - 10:00am | 304In a report published Wednesday, Jefferies analyst Sundeep Bajikar maintained a Hold rating and price target of $135 on Apple Inc. (NASDAQ: AAPL). The company has been benefiting from brand power, which the analyst believes takes focus away from the technology/value driven consumer buying...
-
Jefferies: Micron-Tsinghua Bid Reveals 'Discount Valuation'
Tuesday, July 14, 2015 - 8:32am | 351In a report published Tuesday, Jefferies analyst Sundeep Bajikar maintained a Buy rating and price target of $36 on Micron Technology, Inc. (NASDAQ: MU). The Wall Street Journal has reported that China's state-owned firm, Tsinghua Unigroup, intends to make a bid of $21 per share for Micron...
-
Jefferies Sees Apple Pay As A 'Compelling Killer' App For Apple Watch
Monday, May 4, 2015 - 8:09am | 319In a report published Monday, Jefferies analyst Sundeep Bajikar argued that Apple Inc. (NASDAQ: AAPL)'s Apple Pay service is likely to be one of the most "compelling killer" apps for the Apple Watch. "We think the convenience of using Apple Pay on Apple Watch with or without a tethered iPhone,...
-
The 22 Top-Ranked Apple Analysts
Monday, April 27, 2015 - 3:13pm | 305TipRanks provided the top 22 analysts for Apple Inc. (NASDAQ: AAPL) based on a ranking of four or more stars. Based on TipRanks criteria, below are the top analysts along with their latest ratings and price targets for Apple. The list descends according to analyst action with the most recent...
-
Why Jefferies Raised Its PT, Remains So-So On Apple
Wednesday, March 18, 2015 - 9:46am | 290Jefferies raised its price target on Apple Inc. (NASDAQ: AAPL) Tuesday from $124 to $130 and maintained a Hold rating. Analysts led by Sundeep Bajikar expected Q2 results to be strong with a 10+ percent EPS beat due to iPhone momentum in China. Bajikar forecasted that second quarter iPhone...
-
Health Could Be The 'Killer App' For Apple, Jefferies Says
Tuesday, March 10, 2015 - 9:41am | 287Jefferies issued a report on Apple Inc. (NASDAQ: AAPL) Monday after the company gave its keynote presentation of their new Apple Watch. Jefferies rates Apple as a Hold with a $127.14 price target. A Closer Look At The Report Analysts Sundeep Bajikar, Mark Lipacis, Billy Kim, and Marco Chen...
-
Jefferies On Micron Technology: 'Solid Technology Progress + Inotera = Buy'
Tuesday, February 17, 2015 - 2:25pm | 164In a report published Monday, Jefferies analyst Sundeep Bajikar commented that Micron Technology, Inc. (NYSE: MU) is making "better than expected" progress in 20nm DRAM and 3D NAND. Bajikar also noted that Micron will likely see its DRAM gross margins expand "significantly," helped in calendar year...
-
Jefferies & Morgan Stanley Offer Differing Perspectives On Apple, Google
Wednesday, November 19, 2014 - 11:05am | 217Jefferies raised its price target on Apple Inc. (NASDAQ: AAPL) from $112 to $120 Wednesday, but noted that Google Inc (NASDAQ: GOOG) is coming out ahead as the company’s top competitor. Morgan Stanley took a different perspective and focused on how institutional ownership of Apple...
-
Jefferies: Google Is Apple's Top Competitor And Apple Is Losing
Wednesday, November 19, 2014 - 9:45am | 328Sundeep Bajikar of Jefferies presented an interesting thesis on Wednesday: Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is Apple Inc.'s (NASDAQ: AAPL) top competitor. "Our analysis suggest that Google provides the majority of most popular Consumer Cloud Services, which are expending...
-
UPDATE: Jefferies Initiates Coverage On Apple Inc.
Tuesday, September 30, 2014 - 9:46am | 185Jefferies initiated coverage on of Apple Inc. (NASDAQ: AAPL) with a Hold rating and $110 price target. A team of analysts led by Sundeep Bajikar felt that growth in the Apple ecosystem is critical to future earnings as hardware sales slow and technological limitations challenge hardware...
-
Jefferies Raises Price Target On Spansion
Monday, June 9, 2014 - 2:58pm | 211In a research note released Monday, Jefferies analyst Sundeep Bajikar maintained its Hold position on Spansion (NYSE: CODE) and upgraded its price target to $21.00 from $18.50. Bajikar emphasized the company appears to be executing well and after having a conference with some of the company...
-
UPDATE: Jefferies Initiates Coverage on Rambus on Moore Stress DRAM Upside
Tuesday, December 10, 2013 - 11:43am | 106In a report published Tuesday, Jefferies analyst Sundeep Bajikar initiated coverage on Rambus (NASDAQ: RMBS) with a Buy rating and $13.00 price target. In the report, Jefferies noted, “DRAM industry fundamentals have changed dramatically and permanently in the last 12 months, and should translate...