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Auriga Reports on Solar Power Application Data
Thursday, May 6, 2010 - 9:36am | 151Renewable Technologies analysts have been busy at Auriga; they are out with application data for the entire industry today. Analysts said that April applications are on the rise with 134% growth industry wide, which is an all-time high. This beat last month’s all-time high set the month prior....
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Auriga Reiterates “Buy” Rating and $15 Price Target for JDSU
Thursday, May 6, 2010 - 9:34am | 120JDS Uniphase Corp. (NASDAQ: JDSU) reported earnings after the bell yesterday that were quite strong, except for the company’s test equipment business. Analysts at Auriga are a bit surprised by this and are hesitant to move up estimates because of this. They are thus reiterating their current “Buy”...
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Auriga Upgrades ADCT to “Buy”
Thursday, May 6, 2010 - 9:31am | 134Shares of ADC Telecommunications (NASDAQ: ADCT) were upgraded to “Buy” at Auriga this morning on the heels of better than expected earnings. Revenues were in line with Street estimates, but the bottom line beat the Street by $0.04 (beat Auriga’s estimates by $0.07). The upside was driven by...
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Auriga Upgrades ADCT to “Buy”
Thursday, May 6, 2010 - 9:30am | 134Shares of ADC Telecommunications (NASDAQ: ADCT) were upgraded to “Buy” at Auriga this morning on the heels of better than expected earnings. Revenues were in line with Street estimates, but the bottom line beat the Street by $0.04 (beat Auriga’s estimates by $0.07). The upside was driven by...
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Top 5 Mid-Cap NASDAQ Stocks In The Services Sector With The Highest PEG Ratio (UAUA, GAME, APOL, EDMC, ROST)
Friday, April 23, 2010 - 8:36am | 178Below are the top 5 mid-cap stocks in the services sector on the NASDAQ in terms of their PEG ratio. UAL Corporation (NASDAQ: UAUA) has a PEG ratio of 0.23. UAUA posted an earnings surprise of 28.10% in the latest quarter. Shanda Games Limited (NASDAQ: GAME) has a PEG ratio of 0.66. Auriga USA...
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RAX Is Well Positioned For Fundamental Upside
Thursday, January 14, 2010 - 11:02am | 116Analyst Gregg Moskowitz of Auriga USA initiates coverage of Rackspace Hosting Inc (NYSE: RAX) with a "buy" rating. The target price for RAX is set to $26. Rackspace Hosting has transitioned from a small hosting provider to a comprehensive hosting and cloud computing service provider, with the help...
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UTHR Best Biotech Stock For 2010
Wednesday, January 13, 2010 - 10:40am | 151Analyst Raj Mehra of Auriga USA maintains his "buy" rating on United Therapeutics (NASDAQ: UTHR), while raising his estimates for the company. The target price for UTHR has been raised from $54 to $70. According to Auriga USA, United Therapeutics’s Tommy G Thompson Joins the Board Tyvaso has been...
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S’s Prepaid Offering Unlikely To Cannibalize Its Postpaid Users
Tuesday, January 12, 2010 - 10:15am | 162Analyst Chandan Sarkar of Auriga USA maintains his "buy" rating on Sprint Nextel (NYSE: S). The target price for S is set to $5. Sprint Nextel has announced in the CES that it will offer prepaid services on its CDMA network with the Boost brand. The analyst believes that the offering will not...
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Auriga Says Continue To Hold Allscripts
Tuesday, January 12, 2010 - 10:13am | 118Analyst Gene Mannheimer of Auriga USA maintains his "hold" rating on Allscripts-Misys (NASDAQ: MDRX), while raising his estimates for the company. The target price for MDRX is set to $17. Allscripts-Misys has reported its Q4 EPS marginally ahead of and revenues in-line with the estimates. MDRX’s...
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VTIV Acquires Privately-Held ParagonRx
Wednesday, January 6, 2010 - 2:50pm | 119Analysts at Auriga USA maintain their "buy" rating on inVentive Health (NASDAQ: VTIV). The target price for VTIV is set to $21. According to Auriga USA, Ventive Health has announced the acquisition of privately-held ParagonRx for an undisclosed amount. ParagonRx is a market leader in Risk...
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Clarity Needed On Adtran: Hold, Tells Auriga (ADTN, T, VZ)
Tuesday, December 8, 2009 - 9:54am | 162Auriga has reiterated its Hold rating on Adtran (NASDAQ: ADTN) shares based on AT&T’s (NYSE: T) carrier spending. Verizon (NYSE: VZ) has followed a divergent approach for the same and both AT&T and Verizon represent 10% each of Adtran’s historical revenue. A part of AT&T’s near-term...
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NWY Beats Market Volatility with Flexible Promotions
Wednesday, December 2, 2009 - 3:12pm | 124Analysts at Auriga USA upgrade New York & Co Inc (NYSE: NWY) from “hold” to “buy,” while raising their estimates for the company. The target price for NWY is set to $5.50. According to Auriga USA, NWY has been able to perform well, despite a volatile mall environment. This has been due to the...
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MU Poised to Confront DRAM Price Cuts
Wednesday, December 2, 2009 - 2:30pm | 152Analysts at Auriga USA reiterate their “buy” rating on Micron (NYSE: MU), while raising their estimates for the company. The target price for MU is set to $10. According to Auriga USA, the demand for and supply of DRAM are likely to remain balanced well into next year. Although demand growth may be...