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Tableau Software Down Over 2% After Mizuho Downgrade
Friday, March 20, 2015 - 12:07pm | 231Shares of Tableau Software Inc (NYSE: DATA) are down on Friday, after Wall Street research firm Mizuho Securities downgraded the stock from Buy to Neutral. Despite the demotion, analysts Abhey Lamba and James Shaughnessy maintained a $100 price target. The specialists explain that year-to-...
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Mizuho: Apple Watch Won't Plug Pending iPhone Hole
Tuesday, March 10, 2015 - 11:26am | 287Apple Inc.'s (NASDAQ: AAPL) newly unveiled watch won't plug a hole that could develop if sales of its smartphones see a slowdown, an analyst said Tuesday. Mizuho's Abhey Lamba called the watch a "niche product" and said Apple's shares will remain closely correlated to...
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Mizuho Securities Analyst: Apple Watch Is Going To Have Hard Time Filling iPhone Tech Gap
Monday, February 23, 2015 - 3:16pm | 422Apple Inc. (NASDAQ: AAPL) is continuing the bull run it started post its fourth-quarter results declaration, surpassing the $750 billion market cap mark on Monday. However, according to Mizuho Securities analyst Abhey Lamba, a lot of good news regarding sales of the iPhone and the Apple Watch are...
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Mizuho Analyst Explains The Reasons For Downgrading Apple
Thursday, January 15, 2015 - 6:48pm | 288Apple Inc. (NASDAQ: AAPL) fell more than 2 percent following Mizuho Securities analyst Abhey Lamba downgrading the stock from Buy to Neutral, while keeping the price target unchanged at $115. Lamba was seen recently on CNBC discussing the reasons for downgrading Apple. “On the upside, I...
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UPDATE: Mizuho Securities Downgrades Apple On Well-Balanced Risk-Reward
Thursday, January 15, 2015 - 8:33am | 142In a report published Thursday, Mizuho Securities analyst Abhey Lamba downgraded the rating on Apple Inc. (NASDAQ: AAPL) from Buy to Neutral, but reiterated the $115.00 price target. In the report, Mizuho Securities noted, “We are downgrading Apple to Neutral from Buy as we think risk-reward is...
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UPDATE: Mizuho Securities Initiates Coverage On salesforce.com On Significant Opportunity Ahead
Monday, January 5, 2015 - 9:38am | 138In a report published Monday, Mizuho Securities analyst Abhey Lamba initiated coverage on salesforce.com, inc. (NYSE: CRM) with a Buy rating and $70.00 price target. In the report, Mizuho Securities noted, “We are initiating coverage of Salesforce.com with a Buy rating and $70 PT as we expect it to...
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Mizuho Securities Previews Hewlett-Packard's Q4 Results
Tuesday, November 25, 2014 - 12:41pm | 266Hewlett-Packard Company (NYSE: HPQ) will report its fourth-quarter results on Tuesday after market close. Abhey Lamba of Mizuho Securities detailed what to expect in the company's report. “The printing business is facing headwinds and services won't see improvement near-term,...
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UPDATE: Mizuho Initiates Coverage on Demandware
Wednesday, November 12, 2014 - 11:04am | 111In a note released Wednesday, Mizuho analyst Abhey Lamba initiated coverage of Demandware Inc (NYSE: DWRE) with a Buy and a $70 price target. Lamba commented, "Demandware's could-based offering is very attractive. DWRE has a significant opportunity to increase penetration among e-...
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Mizuho Securities USA Believes Acquisition Potential Is Likely Overstated For TIBCO Software Inc.
Tuesday, September 16, 2014 - 11:17am | 142In a report published Tuesday, Mizuho Securities USA analyst Abhey Lamba reiterated a Neutral rating and $18.00 price target on TIBCO Software Inc. (NASDAQ: TIBX). In the report, Mizuho Securities USA noted, “TIBCO will report its results on Thursday after the close. We expect revenues and EPS to...
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Hewlett Packard's FQ3: Glass Half Empty?
Wednesday, August 20, 2014 - 7:08am | 323Hewlett-Packard (NYSE: HPQ) is set to report fiscal third-quarter earnings Wednesday while a polarized analyst community hasn't budged in months. At least 13 analysts rate the shares at Buy or Strong Buy while 20 maintain a Hold; a breakdown that hasn't changed since at least May. Results Wednesday...
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Mizuho Sees +10% Upside For Apple On Optimistic Q4
Wednesday, July 9, 2014 - 9:21am | 106Optimistic on new products and fourth quarter guidance, Mizuho analyst Abhey Lamba reiterated a Buy on Apple (NASDAQ: AAPL) and raised the price target from $90.00 to $105.00. Lamba expects Apple to see an upside to fourth quarter estimates. The analyst expects revenue guidance to be $1 billion to...
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Hewlett-Packard Earnings Preview: Analysts See Strong PC Sales, But Are Still Not Impressed
Thursday, May 22, 2014 - 3:25pm | 593Hewlett-Packard's (NYSE: HPQ) earnings for the quarter are expected to come in at $0.88 per share, just 1.15 percent higher than the same quarter last year. However, Hewlett-Packard beats EPS estimates almost every quarter. Revenue is projected to be $27.42 billion for the quarter, a 3.31...
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Mizuho Securities USA Feels Confident in Informatica Ahead of 1Q14 Results
Wednesday, April 16, 2014 - 7:49am | 135In a report published Wednesday, Mizuho Securities USA analyst Abhey Lamba reiterated a Buy rating and $50.00 price target on Informatica (NASDAQ: INFA). In the report, Mizuho Securities USA noted, “INFA will report results on April 24. We expect results to be slightly ahead of the upper end of...
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UPDATE: Mizuho Raises PT on Apple as Greater iPhone Availability Leads Quarter Earnings
Monday, October 14, 2013 - 9:34am | 234In a report published Sunday, Mizuho Securities analyst Abhey Lamba reiterated a Buy rating and raised the PT on Apple (NASDAQ: AAPL) from $520 to $550 based on higher F4Q13 revenue and potential EPS results due to strong iPhone shipments. Mizuho noted that iPhone shipments for the quarter should...