A.M. Sacconaghi

Bernstein analysts expect International Business Machines Corp. (NYSE: IBM) to beat or meet consensus view when the company reports its third-quarter results on October 17. The report is also expected to reaffirm its FY16 EPS and free cash flow (FCF) guidance. But, the brokerage is concerned with...

HP Inc (NYSE: HPQ) issued a surprise fiscal Q3 earnings announcement after the market close on Tuesday. The announcement included the sale of its marketing optimization assets, which will produce Q3 gains of $245 million and Q4 gains of $40 million for HP. In light of the sale, HP increased its Q3...

The Apple Inc. (NASDAQ: AAPL) Worldwide Developers Conference (WWDC) 2016 began on June 13 in San Francisco and Bernstein analyst A.M. (Toni) Sacconaghi offered his key takeaways of the event. Sacconaghi said Apple's announcements were in line with investor and blog expectations. The Cupertino,...

EMC Corporation (NYSE: EMC) continues to trade at a discount to Dell’s buyout terms. A.B. Bernstein believes that the discount is due to VMware, Inc. (NYSE: VMW) tracking stock lag and concerns over whether the deal will close. The firm sees this EMC price weakness as a buying opportunity....

Bernstein analysts led by A.M. Sacconaghi recently suggested that Apple Inc. (NASDAQ: AAPL) should make a car. Sacconaghi noted that the “auto sector offers a uniquely large, addressable market for Apple, with over $1 Trillion in annual sales.” Apple’s ability to enter...

Bernstein on Tuesday issued a company note on Apple Inc. (NASDAQ: AAPL) as recent reports have speculated that Apple is potentially looking to build a car. The firm rates Apple as Outperform with a $135 price target. Analysts A.M. Sacconaghi, Max Warburton and Eric Garfunkel wrote, "So are we...

It's good to be International Business Machines (NYSE: IBM) this week, as the company not only announced that it will likely be making a large acquisition in the near future, but it will also introduce a new line of mainframe computers on Tuesday that will ensure customers are using up-to-date and...