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After A Mixed Q1 Print, Drexel Hamilton Says SAIC Shares Are Fairly Valued
Wednesday, June 13, 2018 - 10:08am | 354Science Applications International Corp (NYSE: SAIC) reported Tuesday after the close with above-consensus first-quarter revenue and adjusted earnings per share. The Analyst Drexel Hamilton analyst Brian Ruttenbur downgraded SAIC from Buy to Hold. The Thesis SAIC's Q1 book-to-...
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7 Top Picks For 2018 And Their Corresponding ETFs
Friday, January 5, 2018 - 2:37pm | 733Traders are busy building out brackets for 2018’s best competing stocks. Some bet on FireEye Inc (NASDAQ: FEYE) and CBS Corporation (NYSE: CBS), others bet against bitcoin. Here’s what Drexel Hamilton had to say. The Rating Drexel Hamilton earlier this week named its top industry Buys...
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Here's Why Apple Is Drexel's Top IT Pick For 2018
Tuesday, January 2, 2018 - 4:16pm | 495Drexel Hamilton has named Apple Inc. (NASDAQ: AAPL) as its top pick in the IT hardware and software sector in 2018. The Analyst Drexel Hamilton analyst Brian White has a Buy rating on Apple with a $235 price target. The Thesis Despite 2017's strong performance and concerns surrounding...
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Twilio Q3 Preview: 7 Recent Rating And Price Target Changes
Wednesday, November 8, 2017 - 2:35pm | 306Despite having reported four consecutive quarters of in-line or better earnings, Twilio Inc (NYSE: TWLO) traded down 3 percent Wednesday ahead of its third-quarter release. But Wall Street is notably optimistic on the name. Consensus reports a $39 average price target representing 29-percent upside...
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If The iPhone 8 Is Delayed, Will Anyone Care?
Thursday, July 20, 2017 - 12:37pm | 357If reports that Apple Inc. (NASDAQ: AAPL) won't begin selling its new iPhone until December instead of September are true, will investors actually care? In short, the answer is no, at least according to Drexel Hamilton's global head of technology Brian White. It may be safe to assume at...
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Pitting 2 Telecom Names Against Each Other: Expect AT&T To Underperform Verizon
Thursday, June 1, 2017 - 11:51am | 528AT&T Inc. (NYSE: T) may trade at a discount compared to Verizon Communications Inc. (NYSE: VZ), but Drexel Hamilton analyst Barry Sine said Verizon has a better growth profile and fewer risks. The analyst reiterated a Hold on AT&T, citing subscriber headwinds in the near term and challenges...
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Red Hat Back In The Groove; 34% Upside Seen For Shares
Tuesday, March 28, 2017 - 11:44am | 525Reviewing Red Hat Inc (NYSE: RHT)'s fourth-quarter results, Drexel Hamilton said investors are back in the Red Hat groove, as the company's performance rebounded in the fourth quarter after a tumultuous third quarter. Delivering Strong Growth Analyst Brian White noted that OpenStack and...
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Snap's Fortunes May Be Tied To Apple And Vodaphone
Wednesday, March 22, 2017 - 3:02pm | 647After a string of mostly negative commentary from Wall Street, Snap Inc (NYSE: SNAP) investors cheered the stock’s first pair of Buy ratings this week, one of which came from Drexel Hamilton analyst Brian White. Investors may have been so excited about the bullish ratings and White's $30...
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Brian White Sees Snap As More Than A Camera Company
Wednesday, March 22, 2017 - 8:18am | 357Drexel Hamilton’s Brian White sees Snap Inc (NYSE: SNAP) as a “very unique tech company that should not be pigeonholed in a particular industry, or investors risk missing the forest for the trees.” The analyst initiated coverage of the company with a Buy rating and price target of...
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All The Recent Sell-Side Sentiment On Apple: All Eyes On iPhone 7
Tuesday, January 31, 2017 - 1:18pm | 624In what is generally considered the most highly anticipated release of the quarter, Apple Inc.(NASDAQ: AAPL) will report its first quarter after the close on Tuesday. Apple’s first quarter is the first full quarter of iPhone 7 sales, and the world's biggest company’s release will give...
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Your Primer For Apple's Q1 Earnings Report
Monday, January 30, 2017 - 3:23pm | 1369Apple Inc. (NASDAQ: AAPL), the goliath of the tech space, is set to release its fiscal first-quarter earnings report after the markets close on Tuesday. Sell-side sentiment is divided, with iPhone estimates forming the crux of their deductions, quite understandably, given the roughly two-thirds...
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Apple's Customers Will Pay A Premium For Made-In-USA Phone, Analyst Suggests
Thursday, January 26, 2017 - 3:46pm | 266President Donald Trump's proposed border tax on products made outside of the United States but intended for American customers poses a major problem for many companies that rely on imports. Apple Inc. (NASDAQ: AAPL) investors have reason to be concerned over Trump's proposal, but perhaps they...
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How Wal-Mart Contract Will Boost Workday Revenue
Thursday, January 12, 2017 - 1:11pm | 609Workday Inc (NYSE: WDAY) announced its biggest deal ever after signing retail giant Wal-Mart Stores, Inc. (NYSE: WMT), which will go a long way in boosting Workday’s brand value and will also set the stage for further high-profile deals in the future. Huge Wal-Mart Deal Wal-Mart, the largest...
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Look For Netflix Churn To Diminish, M&A Speculation To Continue
Thursday, January 12, 2017 - 11:27am | 316Traditional TV is feeling the heat, and Netflix, Inc. (NASDAQ: NFLX) remains in perfect position to capitalize. According to Drexel Hamilton analyst Tony Wible, Netflix shareholders will also likely benefit from a flood of M&A activity in the TV space. “We see unsustainable pressure in...
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Analysts Mixed On Impact Of Workday's Deal With Wal-Mart
Wednesday, January 11, 2017 - 5:14pm | 464Analysts are mixed on the impact of the deal Workday Inc (NYSE: WDAY) announced with Wal-Mart Stores, Inc. (NYSE: WMT) for offering its core human capital management (HCM), recruiting, planning and learning products. Variability in Core HCM Business Worrisome Brean Capital noted that...