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Brean Slashes Target On Seagate From $83 To $65 Following Q4 Results, Maintains Buy
Monday, August 3, 2015 - 10:32am | 277In a report published Monday, Brean Capital analyst Ananda Baruah maintained a Buy rating on Seagate Technology PLC (NASDAQ: STX), while lowering his price target from $83 to $65. The company has announced its June quarter EPS ahead of the consensus, driven by better than expected cost control. The...
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The Rationale To Sell LinkedIn Stock
Friday, July 31, 2015 - 8:37am | 379In a report published Friday, Brean Capital analyst Sarah Hindlian maintained a Sell rating and price target of $172 on LinkedIn Corp (NYSE: LNKD). Although the headline results for 2Q15 appear strong, the analyst believes that they were actually weak but masked by Lynda.com. Weak Q2...
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Analysts Positive On Comcast Earnings, Time Warner Acquisition
Wednesday, February 25, 2015 - 10:34am | 237Comcast Corporation (NASDAQ: CMCSA) reported earnings Tuesday night that were “solid” and “strong” according to Wall Street analysts. Analysts at Jefferies, Brean Capital and Wunderlich Securities believe that there is at least a 10 percent upside in the stock from Tuesday...
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Brean Capital's Q3 Cable Earnings Preview
Tuesday, October 21, 2014 - 5:05pm | 457Brean Capital issued a Q3 preview on cable companies Tuesday. Analyst Todd Mitchell noted that "cable stocks have fared poorly," underperforming the broader market. According to Mitchell, "Underperformance stems from a number of factors; primarily, rising capital intensity and...
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Brean Capital Analyst Calls Vivendi And Activision Deal A 'Good Thing'
Thursday, May 22, 2014 - 1:02pm | 456Shares of Activision Blizzard (NASDAQ: ATVI) have edged lower following recent news stating Vivendi S.A. will sell close to 41.5 million shares for a total of $850 million. Brean Capital said it is optimistic on the deal. “What you're seeing [in Thursday's stock action] is a temporary supply...
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UPDATE: Brean Capital Lowered Estimates and PT on Broadcom Ahead of Q3 Earnings
Friday, October 18, 2013 - 4:11pm | 215In a report published Friday, Brean Capital, LLC analyst Mike Burton lowered estimates and the PT of Broadcom Corp. (NASDAQ: BRCM) ahead of Q3 earnings. Broadcom is scheduled to report Q3 earnings on Tuesday, October 22nd after the market close. Brean Capital noted the possibility of lower...