WR Hambrecht

Worldwide PC shipments declined in C1Q16 to 64.8 million units, according to Gartner estimates, and to 60.6 million units as per IDC estimates. WR Hambrecht’s Srini Sundararajan maintained a Buy rating for Intel Corporation (NASDAQ: INTC), while reducing the price target from $38 to $37....

WR Hambrecht’s Srini Sundararajan initiated coverage of Western Digital Corp (NASDAQ: WDC) with a Buy rating and a price target of $74. The analyst believes that the acquisition of SanDisk Corporation (NASDAQ: SNDK) would improve Western Digital’s position in the SSD arena. Western...

VMware, Inc. (NASDAQ: VMW) CEO Pat Gelsinger said during the company's VMWorld event that it was not interested in acquiring EMC Corporation (NYSE: EMC). JP Morgan's Rod Hall said that he was not surprised as the firm was "never particularly convinced" that a deal "was...

In a report published Wednesday, WR Hambrecht analyst Henry Guo maintained a Buy rating on Vipshop Holdings Ltd - ADR (NYSE: VIPS), while reducing the price target from $35 to $31. Vipshop Holdings reported robust 2Q15 results, with both top and bottom line beating the Street expectations....

In a report published Tuesday, WR Hambrecht analyst Srini Sundararajan maintained a Hold rating on Applied Materials, Inc. (NASDAQ: AMAT), with a price target of $18. Analyst Srini Sundarajan pointed out that with the stepping down of Dr. Randhir Thakur, Applied Materials was left with an executive...

In a report published Tuesday, WR Hambrecht analyst Henry Guo maintained a Buy rating on Ctrip.com International, Ltd. (ADR) (NASDAQ: CTRP), with a price target of $122, after reports of a potential deal between eLong and Tencent. Analyst Henry Guo pointed out that while Ctrip reported robust...

In a report published Friday, WR Hambrecht analyst Srini Nandury reiterated a Hold rating and $32 price target on NetApp Inc. (NASDAQ: NTAP). The analyst believes that the company is in denial of the real issues affecting the business and is "doubling down on its failed strategy." The analyst...

In a report published Tuesday, WR Hambrecht analyst Srini Nandury maintained a Buy rating on Nimble Storage Inc (NYSE: NMBL), with a price target of $40. Nimble's shares have surged around 30 percent since the beginning of April, as compared to a 2 percent rise in S&P during the same period. "...

In their Summit Research report published Friday, WR Hambrecht analysts maintained a Hold rating on Brocade Communications Systems Inc (NASDAQ: BRCD), with a price target of $11. Brocade reported mixed F2Q15 results. While revenue was short, EPS was marginally ahead of expectations. The EPS...