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Apple Analyst Raises Price Target, Cites Strong iPhone 11 Sales
Wednesday, October 9, 2019 - 11:40am | 413Apple, Inc. (NASDAQ: AAPL) shares have traded higher in the past month on market optimism about the lower-priced iPhone 11 models. On Wednesday, one analyst said his latest surveys suggest strong iPhone demand, and he’s raising his price target as a result. The Analyst Canaccord Genuity...
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Takeaways From Canaccord's Chat With BlackBerry Management
Tuesday, January 29, 2019 - 5:42pm | 358Canaccord Genuity hosted an investor meeting with BlackBerry Ltd (NYSE: BB) that was "upbeat" and reinforced the company's long-term growth potential. The Analyst Analyst T. Michael Walkley maintains a Hold rating on BlackBerry with an unchanged $9 price target. The Thesis...
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Another Apple Analyst Warns Of Soft iPhone, Overall Smartphone Demand
Thursday, November 29, 2018 - 3:02pm | 486Canaccord Genuity's surveys are pointing to soft smartphone demand, including for tech giant Apple Inc. (NASDAQ: AAPL)'s iPhone. The Analyst Analyst T. Michael Walkley reiterated a Buy rating on Apple and lowered the price target from $250 to $225. The Thesis Canaccord's...
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The Street Debates Qualcomm's Q3
Thursday, November 8, 2018 - 4:21pm | 611Chipmaker Qualcomm, Inc. (NASDAQ: QCOM) reported Wednesday with fiscal fourth-quarter results that arrived better than expected, but the Q1 guidance disappointed. Here's how three Street analysts covering the stock reacted. The Analyst Canaccord Genuity's T. Michael Walkley...
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Canaccord Genuity Upgrades Inseego On Rosy Revenue, Growth Projections
Thursday, September 6, 2018 - 11:47am | 413Software as a service provider Inseego Corp. (NASDAQ: INSG) has developed new products and an improved cost structure that should drive strong growth, according to Canaccord Genuity. The Analyst Analyst T. Michael Walkley upgraded Inseego from Hold to Buy and raised the price target...
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Sierra Wireless Posts Solid Q2 Earnings, Canaccord Reiterates A Big Buy
Friday, August 3, 2018 - 1:27pm | 270Sierra Wireless, Inc. (NASDAQ: SWIR) reported its second-quarter results Thursday evening. Earnings per share and sales both beat consensus estimates. The company also issued guidance for the third quarter on the higher end of analysts’ expectations. The Analyst Canaccord Genuity’s T....
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Analyst: IoT Demand Sets Up Adesto Technologies For Long-Term Growth
Monday, July 16, 2018 - 11:41am | 409Semiconductor supplier Adesto Technologies Corp (NASDAQ: IOTS) is well-positioned to benefit from the growth in demand for Internet of Things-related endpoints, according to Canaccord Genuity. The Analyst Canaccord's T. Michael Walkley initiated coverage of Adesto Technologies with a...
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Broadcom Shares Plummet After Wall Street Questions Sudden Acquisition Strategy
Thursday, July 12, 2018 - 1:37pm | 749Broadcom Inc (NASDAQ: AVGO) moved 15 percent lower Thursday on mixed reactions following the announcement it had reached a deal to acquire CA, Inc. (NASDAQ: CA). CA Inc. (also known as CA Technologies) jumped 18 percent higher, realizing most of the 20 percent premium to the July 11 closing price...
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iPhone 7 Estimates Trimmed, But This Analyst Anticipates Stronger iPhone 8 Upgrade Cycle
Wednesday, December 14, 2016 - 8:58am | 365Canaccord Genuity’s survey work indicates the robust share gains by Apple Inc. (NASDAQ: AAPL) in the first four weeks of the launch of the iPhone 7 have slowed in North America during November. Analyst T. Michael Walkley maintained a Buy rating on the company, with a price target of $140...
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Apple Still Worth $146; Canaccord Pounds The Table
Wednesday, January 27, 2016 - 11:07am | 337Apple Inc. (NASDAQ: AAPL) shares have been under pressure, and are down 20 percent since July 27. Canaccord Genuity’s T. Michael Walkley maintained a Buy rating for the company, with a price target of $146. Apple is poised to perform well and post robust results, despite soft global...
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Canaccord Lowers Android, Qualcomm, BlackBerry And China Smartphone Estimates…But Hikes Apple Forecast
Wednesday, July 8, 2015 - 12:41pm | 706In multiple reports published Tuesday, Canaccord Genuity analyst T. Michael Walkley lowered his 2015 global smartphone estimates to 1.39 billion from 1.45 billion. The analyst also reduced his overall 2015 3G/4G unit total addressable market to 1.50 billion from 1.44 billion. Walkley noted that...
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Analysts See More Growth For Skyworks Solutions
Friday, May 1, 2015 - 1:59pm | 261Skyworks Solutions Inc (NASDAQ: SWKS)'s semiconductors will continue to gain content share in high-end smartphones in 2015 while its growth in broader markets for connectivity should top 20 percent, an analyst said Friday. Skyworks gained about 6 percent recently to $97.75; Late Thursday,...
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Apple Didn't Beat Every One Of These Expectations
Tuesday, April 28, 2015 - 9:15am | 427In a report published Tuesday, Canaccord Genuity analyst T. Michael Walkley commented that Apple Inc. (NASDAQ: AAPL) reported a strong second quarter results that for the most part were better than expected. However, the analyst detailed several aspects of Apple's business that fell short of...
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Here's Why Strong iPhone Sales May Drive Demand For Apple Pay & Apple Watch
Friday, April 10, 2015 - 9:12am | 195Canaccord Genuity issued a report on Apple Inc. (NASDAQ: AAPL) after surveys indicated strong demand and high-tier market share gains for the iPhone 6/6 Plus smartphones. Canaccord reiterated Apple as a Buy and raised its price target from $145 to $150. Analysts Michael Walkley and Siddharth Sinha...
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Here's Nokia's Long-Term Earnings Potential, According To Canaccord
Monday, March 9, 2015 - 3:42pm | 257In a report published Monday, Canaccord analysts T. Michael Walkley and Siddharth Sinha comment on Nokia Corporation (ADR)'s (NYSE: NOK) long-term earnings potential. The specialists attended the company's press and analyst event at MWC and hosted an investor meeting with Ramzi Haidamus,...