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AMD Analysts Cut Price Targets After Chipmaker Lowers Guidance, But 'Long-Term Opportunity' Remains
Friday, October 7, 2022 - 2:16pm | 682Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) hit new 52-week lows on Friday after the company came out with lower third-quarter guidance Thursday after the market close. The company said its third-quarter revenue would hit $5.6 billion, lower than a previous outlook of $6.7 billion....
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Digital Realty Trust Insider Trades $3.75 Million In Company Stock
Monday, September 13, 2021 - 11:04am | 409William Stein, Chief Executive Officer at Digital Realty Trust (NYSE:DLR), made a large insider sell on September 8, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Stein sold 22,324 shares of Digital Realty...
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Digital Realty Trust Insider Trades $6.8 Million In Company Stock
Wednesday, September 8, 2021 - 5:56pm | 400William Stein, Chief Executive Officer at Digital Realty Trust (NYSE:DLR), made a large insider sell on September 3, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Friday showed that Stein sold 40,475 shares of Digital Realty Trust...
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Nvidia Analyst Says New, Ampere-Based Data Center GPU Makes Chipmaker 'Unassailable'
Friday, May 15, 2020 - 1:11pm | 1042NVIDIA Corporation (NASDAQ: NVDA) shares, which have been bouncing along nicely for much of this week amid positive sell-side expectations for the chipmaker's earnings report next week, rose over 3% Thursday. CEO Jensen Huang hosted the annual GTC keynote address virtually, revealing...
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Broadcom Falls, But Analysts Optimistic Chip Demand Has Bottomed And Acquisitions Will Help
Friday, September 13, 2019 - 2:12pm | 744Broadcom Inc's (NASDAQ: AVGO) slight miss on revenue, a semiconductor demand trough and trade difficulties with China had investors selling the stock off Friday, but sell-side analysts remained bullish, saying the trough has bottomed and the company can weather the international storm. While...
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Wall Street Weighs In On Tesla's Autonomy Day Presentation
Tuesday, April 23, 2019 - 12:46pm | 571Visionary Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk on Monday laid out an extremely optimistic timetable for Tesla’s autonomous vehicle technology at the company’s Autonomy Investor Day event. Unfortunately for Tesla investors, Wall Street wasn’t particularly impressed by what Musk...
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What's Next For Nvidia And Mellanox?
Tuesday, March 12, 2019 - 5:00pm | 724GPU inventor NVIDIA Corporation (NASDAQ: NVDA) reached an agreement to acquire Israel-based Mellanox Technologies, Ltd. (NASDAQ: MLNX), a supplier of smart interconnect solutions and services for servers and storage for $125 per share. Several more Street analysts have offered their take. The...
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NXP Semiconductors' Standalone Value Is $119, SunTrust Says In Downgrade
Monday, June 11, 2018 - 12:17pm | 434Assuming the Qualcomm, Inc. (NASDAQ: QCOM) tie-up with NXP Semiconductors NV (NASDAQ: NXPI) ultimately fails to be approved by Chinese regulators, NXP's stock is worth $119 per share on a standalone basis, according to SunTrust Robinson Humphrey. The Analyst Analyst William Stein...
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Microchip Technology Notches Upgrade After Microsemi Purchase
Friday, March 2, 2018 - 11:50am | 441Microchip Technology Inc. (NASDAQ: MCHP), a specialized semiconductor company, reached an agreement Thursday to acquire Microsemi Corporation (NASDAQ: MSCC), the largest supplier of military and aerospace semiconductor equipment. The deal reinforces Microchip's core strategy and justifies...
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Nvidia Has A Massive Market Opportunity; SunTrust Upgrades To Buy
Wednesday, July 12, 2017 - 1:06pm | 392Analysts at SunTrust Robinson Humphrey turned bullish on one of 2016's best performing and one of 2017's most hotly debated stocks: NVIDIA Corporation (NASDAQ: NVDA). SunTrust's William Stein upgraded Nvidia's stock from Hold to Buy with a price target boosted from $124 to $177,...
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SunTrust Downgrades Belden As 'Catalysts Seem More Negative'
Wednesday, September 7, 2016 - 12:16pm | 309Close on the heels of Belden Inc. (NYSE: BDC) shares hitting a 52-week high of $75.91 on September 2, SunTrust analyst William Stein downgraded the stock to a Neutral rating. The comments come in the wake of the stock recording more than 50 percent gain in the year-to-date period ending September 6...
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Intel: What Everyone On The Street Thinks
Wednesday, April 20, 2016 - 1:09pm | 1377Intel Corporation (NASDAQ: INTC) reported mixed Q1 results after Tuesday's close. Revenue came in at $13.8 billion, above the $13.7 billion consensus, but down 7 percent quarter-over-quarter. Gross margins came in at 62.7 percent, above company guidance of 62 percent, and EPS was six cents...
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SunTrust Analyst Loves Apple Supplier Analog Devices
Wednesday, February 24, 2016 - 3:52pm | 267SunTrust analyst William Stein and his team reiterated a Buy rating and $61.00 price target on Analog Devices, Inc. (NASDAQ: ADI) following its latest earnings. The analysts cited two central investment considerations, which they expect to resolve constructively over the medium term: Whether...
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SunTrust Still Bullish On Analog Devices Despite Apple Hurting More Than Expected
Sunday, January 17, 2016 - 6:34pm | 375In a report issued Friday, SunTrust Robinson Humphrey reiterated a Buy rating on shares of Analog Devices, Inc. (NASDAQ: ADI). However, the firm cut its price target by $10.00 to $61.00. While pointing out that Apple Inc. (NASDAQ: AAPL) is hurting the company more than they had expected,...