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Ericsson Could Benefit From 5G Deployment, US Pressure On Huawei, BofA Says In Upgrade
Wednesday, May 22, 2019 - 3:13pm | 467Bank of America Merrill Lynch held meetings with Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) management Friday that it said inspired greater confidence in the company’s scope for growth and turnaround efforts. The Analyst Tal Liani upgraded Ericsson from Neutral to Buy and raised the...
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3 Cisco Analysts Continue To See Upside Potential After Narrow Q3 Beat
Thursday, May 16, 2019 - 3:10pm | 624Tech giant Cisco Systems, Inc. (NASDAQ: CSCO) reported third-quarter results Wednesday that came in better than expected and prompted at least three Street analysts to reaffirm their bullish stances. The Analysts Bank of America Merrill Lynch's Tal Liani maintained a Buy rating...
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Bank Of America Upgrades Acacia, China Outlook 'More Positive'
Monday, May 6, 2019 - 12:13pm | 300Bank of America's bearish stance on Acacia Communications, Inc. (NASDAQ: ACIA) can no longer be justified as the company faces multiple positive catalysts ahead. The Analyst Bank of America's Tal Liani upgraded Acacia from Underperform to Neutral with a price target lifted from $40 to $64....
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Bank Of America Upgrades Qualcomm, Highlights Improved Visibility
Thursday, May 2, 2019 - 9:10am | 367Qualcomm, Inc. (NASDAQ: QCOM) reported Wednesday fiscal second-quarter results, which was in-line with expectations but the resolution of a long-lasting dispute with Apple Inc. (NASDAQ: AAPL) creates improved visibility, according to Bank of America. The Analyst Bank of America's Tal Liani...
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FireEye Analysts Have Tepid Reaction To Mixed Q1
Wednesday, May 1, 2019 - 3:12pm | 631Fighting shadowy international cyber attackers: exciting. Financial results and guidance posted by cybersecurity firm FireEye Inc. (NASDAQ: FEYE): a little less exciting, according to Wall Street analysts. While FireEye has received attention for thwarting foreign cyberattacks, its mixed...
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Qualcomm Analyst Weighs Pros And Cons Of Apple Deal
Tuesday, April 30, 2019 - 12:11pm | 387QUALCOMM, Inc (NASDAQ: QCOM) has been on fire since the company reached a deal with Apple, Inc. (NASDAQ: AAPL) earlier this month. However, one analyst said additional upside for Qualcomm shares may be limited, at least until investors know the details of the Apple agreement. The Analyst Bank of...
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Should FireEye Investors Buy The Dip?
Thursday, February 7, 2019 - 2:57pm | 540Cybersecurity company FireEye Inc (NASDAQ: FEYE) reported fourth-quarter results that came in better than expected but management's cautious outlook prompted a sell-off in the stock. Shares were trading lower by 12 percent at $16.14. Here is a summary of how some of the Street's top...
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Sell-Side Stays On Sidelines With Qualcomm, Awaits Resolution Of Licensing Disputes
Friday, February 1, 2019 - 4:31pm | 686Mobile chipmaker QUALCOMM, Inc. (NASDAQ: QCOM) reported Wednesday after the market close with mixed quarterly results and in-line second-quarter guidance. The Analysts Bank of America Merrill Lynch analyst Tal Liani reiterated a Neutral rating on Qualcomm shares and lowered the price target from...
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F5 Networks Reports Q1 EPS Beat, Revenue Miss: The Sell-Side Reacts
Thursday, January 24, 2019 - 6:15pm | 706F5 Networks, Inc. (NASDAQ: FFIV), a global specialist in application services and application delivery networking, reported mixed fiscal first-quarter results Wednesday. Here's how analysts on the Street reacted. The Analysts Bank of America's Tal Liani maintains a Buy rating on F5...
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BofA: Qualcomm Loss In FTC Case Could Invite More Trouble For Chipmaker
Thursday, January 24, 2019 - 4:10pm | 499If QUALCOMM Inc. (NASDAQ: QCOM) is found guilty of anticompetitive business practices in an ongoing Federal Trade Commission trial, it could lead to more legal issues piling up for the chipmaker, according to Bank of America Merrill Lynch. The Analyst BofA's Tal Liani...
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What China's iPhone Ruling Means For Qualcomm And Apple
Tuesday, December 11, 2018 - 1:53pm | 662Qualcomm, Inc. (NASDAQ: QCOM)'s ongoing dispute with Apple Inc. (NASDAQ: AAPL) expanded Monday after a Chinese court sided with Qualcomm and banned the import of many iPhone models in the country. Here is a summary of how some of the Street's top analysts reacted to the report and the...
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Sell-Side Analysts Laud FireEye's Transformation
Wednesday, October 31, 2018 - 3:29pm | 704Cybersecurity company FireEye Inc (NASDAQ: FEYE) reported Tuesday after the close with forecast-beating third-quarter results and issued above-consensus guidance for the full year. The Analysts UBS analyst Fatima Boolani maintained a Neutral on FireEye with a $17 price target....
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Analyst Downgrades Qualcomm: 'Share Appreciation Hinges On Licensing Resolutions'
Wednesday, October 31, 2018 - 1:33pm | 348QUALCOMM, Inc. (NASDAQ: QCOM) is facing multiple headwinds, according to an analyst at Bank of America Merrill Lynch. The Analysts Tal Liani downgraded Qualcomm from Buy to Neutral and reduced his price target from $75 to $70. The Thesis Qualcomm's management has used up most opportunities for...
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Bank of America Downgrades Acacia On Valuation, Competition
Friday, August 24, 2018 - 3:19pm | 378One day after Piper Jaffray upgraded Acacia Communications, Inc. (NASDAQ: ACIA) to a bullish rating, Bank of America downgraded the optical stock to a bearish rating. The Analyst Bank of America's Tal Liani downgraded Acacia Communications from Neutral to Underperform with an unchanged $37...
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BofA Says It's Time To Connect With Juniper Networks, Projects Multiple Positive Catalysts
Wednesday, May 2, 2018 - 11:33am | 438Juniper Networks, Inc. (NYSE: JNPR) reported preliminary first-quarter results Tuesday that mark an end to the company's "low point" and signal that multiple catalysts are ahead, according to Bank of America Merrill Lynch. The Analyst Bank of America's Tal Liani...