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Why Macquarie Is Downgrading Micron
Thursday, March 31, 2016 - 10:55am | 332Read More...Macquarie’s Deepon Nag believes that while the DRAM industry has the potential to generate sustainably higher cross-cyclical profitability than in the past, there does not appear to be any significant catalysts for Micron Technology, Inc. (NASDAQ: MU) over the next several quarters. Nag...
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SunEdison Semi Downgraded At Macquarie, At Odds With Redstone Analyst
Thursday, March 10, 2016 - 11:56am | 329Read More...Sunedison Semiconductor Ltd (NASDAQ: SEMI) is down more than 5 percent on the day following Wednesday's earnings release and call. Prior to the release, Redstone upgraded the company from a previous Sell rating to Positive, while increasing the price target from $6.50 to $13. The firm...
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Intel 'Reloading' For Next Acquisition? This Analyst Thinks So
Wednesday, December 30, 2015 - 12:08pm | 390Read More...Intel Corporation (NASDAQ: INTC) shares have appreciated 17.52 percent in the last three months, from $30 on October 1. Deepon Nag of Macquarie Research has maintained a Neutral rating on the company, with a price target of $34. Intel closed its acquisition of Altera Corporation (NASDAQ:...
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Micron May Be Most Likely Target For China's Tsinghua
Tuesday, November 17, 2015 - 2:36pm | 463Read More...In a report issued Tuesday, Macquarie analysts Deepon Nag and Matthew Prisco took a look into Micron Technology, Inc. (NASDAQ: MU). The experts reiterated an Outperform rating and $30 price target on the shares. The research note focused heavily on the probability of China buying a stake in the...
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Toshiba Could Be 'Gatekeeper' In SanDisk Buyout
Wednesday, October 14, 2015 - 11:03am | 409Read More...SanDisk Corporation (NASDAQ: SNDK) shares have been declining steadily in 2015 and are 30 percent down from their January 2 level of $97.88. Macquarie Research’s Deepon Nag maintained an Outperform rating on the company, with a price target of $70. A potential deal with Micron or...
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Nvidia Might Be The Best Way To Play Virtual Realty That's 'Just Around The Corner'
Wednesday, September 23, 2015 - 8:56am | 341Read More...The share price of NVIDIA Corporation (NASDAQ: NVDA) has risen by 12.37 percent year-to-date. Macquarie’s Deepon Nag has maintained an Outperform rating and price target of $26 on the company. Nag believes that the discrete graphics market is witnessing robust profitability growth...
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Why The Quants Like Micron
Monday, September 14, 2015 - 12:30pm | 294Read More...Micron Technology, Inc (NASDAQ: MU) shares have been trending lower after achieving their 52-week high of $36.04 on December 4 2014. Macquarie’s analyst Deepon Nag maintained an Outperform rating on the company with a price target of $30. Quantitative and fundamental factors make...
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Why ARM Holdings Stock Could Finally Be Worth Buying
Friday, September 11, 2015 - 9:37am | 311Read More...ARM Holdings plc (ADR) (NASDAQ: ARMH) stock has declined close to 16 percent over the last six months. Macquarie’s Deepon Nag has initiated coverage of ARM Holdings with an Outperform rating and price target of $54. Nag believes that the recent pullback in the stock offers an...
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Have Semiconductor Stocks Bottomed? Macquarie Thinks So
Monday, August 10, 2015 - 9:54am | 381Read More...In a report published Monday, Macquarie analyst Deepon Nag commented on the U.S. semiconductor space, noting that "estimates haven't bottomed, but stocks may have." According to Nag, semiconductor stocks have underperformed as of late to due to softening end demand, inventory...
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Analysts: Texas Instruments Q3 'Not A Read-Through' For Industry
Tuesday, October 21, 2014 - 4:28pm | 359Read More...Texas Instruments Incorporated's (NASDAQ: TXN) third-quarter earnings beat might make it appear immune from weakness in the semiconductor industry, but analysts say the company could still catch a cold. "We question if its immunity will persist," Deutsche Bank's Ross Seymore...
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UPDATE: Macquarie Downgraded Intel and NVIDIA Based on Thundering Cloud Computing
Friday, October 11, 2013 - 11:35am | 287Read More...In reports published Thursday, Macquarie (USA) Equities Research analyst Deepon Nag downgraded the rating and earnings for Intel Corporation (NASDAQ: INTC) and NVIDIA Corporation (NASDAQ: NVDA). Nag downgraded Intel to Neutral based on pressure in the core PC market negatively affecting estimates...
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UPDATE: Macquarie Downgrades Intel as Expectations Need to Reset
Friday, October 11, 2013 - 10:25am | 128Read More...In a report published Friday, Macquarie Capital analyst Deepon Nag downgraded the rating on Intel Corporation (NASDAQ: INTC) from Buy to Neutral, and lowered the price target from $25.00 to $22.00. In the report, Macquarie Capital noted, “Intel has some of the most valuable assets in the...
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UPDATE: Macquarie Downgrades NVIDIA on Potential Impact of Cloud Computing
Friday, October 11, 2013 - 9:44am | 108Read More...In a report published Friday, Macquarie Capital analyst Deepon Nag downgraded the rating on NVIDIA Corporation (NASDAQ: NVDA) from Neutral to Underperform, and lowered the price target from $15.00 to $14.00. In the report, Macquarie Capital noted, “While we like NVIDIA's strong position in the...
