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Barclays Downgrades Hewlett-Packard And Ingram Micro
Thursday, March 12, 2015 - 12:00pm | 428Barclays downgraded Hewlett-Packard Company (NYSE: HPQ) and Ingram Micro Inc. (NYSE: IM) Thursday from Overweight to Equal-weight, largely due to currency related concerns. Analysts led by Ben A. Reitzes gave an overview of the issues related to the appreciation of the U.S. dollar, in...
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Analysts: Demand Intact For F5 Networks Products
Thursday, January 22, 2015 - 11:54am | 337F5 Networks, Inc. (NASDAQ: FFIV) first earnings miss in seven quarters may not signal a change in its long-term growth trend according to several analysts Thursday. Shares of the company opened sharply lower and traded recently at $111.85, off more than 11 percent. F5 said Wednesday that...
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UPDATE: Barclays Capital Downgrades F5 Networks On Mixed 2015 Outlook
Wednesday, January 14, 2015 - 10:31am | 222In a report published Wednesday, Barclays Capital analyst Ben A. Reitzes downgraded the rating on F5 Networks, Inc. (NASDAQ: FFIV) from Overweight to Equal-Weight, but reiterated the $136.00 price target. In the report, Barclays Capital noted, “We believe that 2015 should see a continuation of...
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Analysts Say IBM On Wrong Side Of Trends
Tuesday, October 21, 2014 - 4:32pm | 299International Business Machines Corp. (NYSE: IBM) missed third-quarter expectations and said results point to "unprecedented change" in its industry. Change in the industry IBM once dominated probably isn't news, but Barclays' Ben A. Reitzes said Tuesday the company's...
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Apple's Shine Dazzles Analysts
Tuesday, October 21, 2014 - 2:14pm | 350Apple Inc. (NASDAQ: AAPL) dazzled at least some stock analysts Tuesday with its fiscal fourth-quarter results coming in above expectations. Although the company's shares are up nearly 30 percent year-to-date, "investors don't appreciate the positive impact" of its latest...
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Analysts: Juniper Networks Hits Sink Hole Or Just A Rough Spot?
Saturday, October 11, 2014 - 11:27am | 359Juniper Networks, Inc. (NYSE: JNPR) is either crashing into a deep sinkhole or just running over some ruts, according to diverging analysts' views. Juniper's warning Thursday that weak demand in the United States hurt third-quarter profits is alarming to MKM's Michael Genovese, who...
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Violin Memory Inc Surges On Barclays Upgrade
Friday, October 3, 2014 - 11:13am | 162Violin Memory Inc (NASDAQ: VMEM) was upgraded from Underweight to Equal-weight by Barclays in a report issued on Friday. Analyst Ben A. Reitzes decided to raise the price target to $5 based on his 3.5x FY 2016 sales estimate of $105.6 million. Reitzes acknowledged that "Violin...
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Barclays Reiterates Overweight on Apple on Potential for New iPad
Tuesday, October 8, 2013 - 1:17pm | 154In a report published Tuesday, Barclays analyst Ben A. Reitzes reiterated an Overweight rating and $540.00 price target on Apple (NASDAQ: AAPL). In the report, Barclays noted, “We believe one of Apple's big issues right now is that it is considered a ‘one-product' story again. iPads and Macs seem...
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UPDATE: Barclays Downgrades International Business Machines Awaiting Meaningful Revenue Growth
Monday, October 7, 2013 - 9:41am | 171In a report published Monday, Barclays Capital analyst Ben A. Reitzes downgraded the rating on International Business Machines Corp. (NYSE: IBM) from Overweight to Equal-Weight, and lowered the price target from $215.00 to $190.00. In the report, Barclays Capital noted, “It is increasingly clear...
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UPDATE: Barclays Raises PT on Apple Following Better-Than-Expected iPhone Sales
Tuesday, September 24, 2013 - 10:10am | 127In a report published Tuesday, Barclays Capital analyst Ben A. Reitzes reiterated an Overweight rating on Apple (NASDAQ: AAPL), and raised the price target from $525.00 to $540.00. In the report, Barclays Capital noted, “As a result of better-than-expected unit sales for the iPhone near term and...