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Wells Fargo Downgrade Catches Apple Bulls Off Guard
Friday, September 9, 2016 - 11:03am | 389Read More...Apple Inc. (NASDAQ: AAPL) is trading mostly flat in early Friday trading after a Thursday downgrade by Wells Fargo caught Apple bulls off guard. Apple unveiled its highly-anticipated iPhone 7 and Apple Watch 2 this week, but Wells Fargo analyst Maynard Um wasn’t impressed. “We see risk/...
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BGC Partners: LinkedIn's Problem Boils Down To Quarterly Outsized Reactions
Friday, May 1, 2015 - 1:03pm | 364Read More...LinkedIn Corp (NYSE: LNKD) reported mixed quarterly numbers on Thursday, but the weak guidance provided by the company resulted in its stock taking a major hit in after-hours trading. GAAP diluted EPS loss for the quarter widened to $0.34 from the $0.11 it posted for the same quarter last year....
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The Risks Associated With Owning Apple Right Now
Monday, March 23, 2015 - 3:41pm | 380Read More...As Apple Inc. (NASDAQ: AAPL) prepares itself for the launch of the Apple Watch, some analysts are concerned that the company's mainstay, the iPhone business, may start to decelerate. BGC Financial's Colin Gillis was on CNBC Monday to discuss the major risks associated with Apple. The...
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BGC Financial Reiterates Hold on Google Ahead of Earnings
Wednesday, April 17, 2013 - 8:36am | 177Read More...In a report published Tuesday, BGC Financial analyst Colin W. Gillis reiterated a Hold rating and $760.00 price target on Google (NASDAQ: GOOG). In the report, Gillis noted, “We wrestled with changing our rating to a more positive stance to take advantage of the recent weakness in the stock, but...
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BGC Financial Reiterates Buy Rating, $31 PT on Microsoft Corporation
Friday, January 25, 2013 - 3:32pm | 124Read More...In a report published Friday, BGC Financial reiterated its Buy rating and $31.00 price target on Microsoft Corporation (NASDAQ: MSFT). BGC Financial noted, “The company pays a dividend of $0.23 / quarter for a yield of 3.3% that compares favorably to the S&P500 yield of 2.14%. The company is...
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UPDATE: BGC Financial Reiterates Hold Rating, Raises PT on Google
Wednesday, January 23, 2013 - 2:42pm | 120Read More...In a report published Wednesday, BGC Financial reiterated its Hold rating on Google (NASDAQ: GOOG), and raised its price target from $690.00 to $760.00. BGC Financial noted, “Google has $48B in cash ($142.53 / share) and $2.98B long term debt as on December 31, 2012. Cash flow from operations was...
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UPDATE: BGC Financial Reiterates Buy Rating, Raises PT on eBay
Monday, December 31, 2012 - 4:10pm | 129Read More...In a report published Monday, BGC Financial reiterated its Buy rating on eBay (NASDAQ: EBAY), and raised its price target from $52.00 to $65.00. BGC Financial noted, “The company reports on Wednesday January 16 postmarket. Fourth quarter FY12 guidance given by the company states revenue expected...
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UPDATE: BGC Financial Downgrades Apple to Hold, $450 PT
Monday, October 17, 2011 - 8:38am | 142Read More...BGC Financial has published a research report on Apple (NASDAQ: AAPL) and has downgraded the company from Buy to Hold. In the report, BGC Financial writes, "We no longer suggest being overweight shares of AAPL and see that near-term downside risk overweighs upside reward. Shares have gained 14%...
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BGC Financial Opens RIMM With Sell
Thursday, September 9, 2010 - 6:39am | 83Read More...Analysts at BGC Financial initiate coverage of Research In Motion Limited (NASDAQ: RIMM) with a "sell" rating. The target price for RIMM is set to $38. RIMM’s shares gained 0.63% to close at $44.67 yesterday. More Analyst Ratings here Learn how to find the best stocks to trade each day in our 70...
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BGC Financial Sees AAPL At $350
Monday, June 7, 2010 - 2:55pm | 210Read More...Collin Gillis of BGC Finanacial said on CNBC's Fast Money that he initiated Apple (NASDAQ: AAPL) with a buy rating and a price target of $350. He compared Apple (AAPL) to Fast Money, and said that people love and trust the product, and always want more. Mr. Gillis thinks that a front facing video...
