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Disney Isn't Feeling The Force From International Markets
Tuesday, January 10, 2017 - 2:40pm | 304Walt Disney Co (NYSE: DIS)’s latest installment of the Star Wars series, “Rogue One,” is off to a disappointing start in international markets. In a new report, Drexel Hamilton analyst Tony Wible runs through “Rogue One’s” box office numbers from around the globe...
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Verizon, AT&T Prepare To Face Off With Back-To-Back Earnings Releases
Tuesday, January 10, 2017 - 1:10pm | 585In the last year, top level telecom providers Verizon Communications Inc. (NYSE: VZ) and AT&T Inc. (NYSE: T) have been far outpaced by their lower cost competitors T-Mobile US Inc (NASDAQ: TMUS) and Sprint Corp (NYSE: S). The heavyweights have been diversifying their businesses, as the No. 3...
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Booz Allen Shares And The 'Trump Bump': Higher Defense Budgets To Benefit Stock
Thursday, December 29, 2016 - 1:01pm | 322Brian Ruttenbur of Drexel Hamilton maintains his Buy rating on Booz Allen Hamilton Holding Corporation (NYSE: BAH) shares as the company is expected to benefit from potential increase in defense budgets and corporate tax reform under the Trump presidency. Rating Justification: The Trump Bump...
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Salesforce Has Plenty Of Growth Ahead; Drexel Hamilton Initiates At Buy
Tuesday, December 20, 2016 - 12:45pm | 314Salesforce.com, inc. (NYSE: CRM)'s transition to the cloud is still in the early stages, and the company could generate “attractive growth over the next decade,” Drexel Hamilton’s Brian J. White said in a report. He initiated coverage with a Buy rating and a price target of $100....
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Twilio Shares Could See Upside Of $15 Over The Next Year
Tuesday, December 20, 2016 - 11:06am | 289Drexel Hamilton’s Brian J. White believes the sharp pullback in Twilio Inc (NYSE: TWLO) shares since September suggests that the market is already discounting the expiration of the lock-up period. White initiated coverage of the company with a Buy rating and price target of $45. Pioneer...
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Oracle Is Past The Worst Of Its Cloud Transition
Monday, December 12, 2016 - 4:02pm | 319Oracle Corporation (NYSE: ORCL) is scheduled to report its fiscal second-quarter results after Thursday's market close. Brian White of Drexel Hamilton commented in a research report that Oracle is expected to fall slightly short of his revenue estimate of $9.15 billion and his earnings per share...
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Apple Gets Back In The Holiday Shopping Spirit With One-Day Sales Event
Friday, November 25, 2016 - 12:50pm | 386Brian White of Drexel Hamilton believes Apple Inc. (NASDAQ: AAPL) remains one of the best positioned tech companies to benefit from spending trends this holiday season with a well-received iPhone 7/7 Plus, a new Apple Watch and a new MacBook Pro with Touch Bar. The comments came as Apple kicked...
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Previewing Black Friday Week: Apple Best Positioned Tech Name
Monday, November 21, 2016 - 2:38pm | 495Previewing the holiday shopping season, which officially kicks off with Black Friday falling on November 25 this year, Drexel Hamilton said Apple Inc. (NASDAQ: AAPL), AU Optronics Corp (ADR) (NYSE: AUO), Corning Incorporated (NYSE: GLW) and LG Display Co Ltd. (ADR) (NYSE: LPL) are most...
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Negative Chinese Trade Rhetoric Comments Create Buying Opportunity In Apple
Monday, November 14, 2016 - 2:56pm | 310Drexel Hamilton termed the selloff in Apple Inc. (NASDAQ: AAPL) following a Global Times report about 45 percent imports tariff from China as a buying opportunity. President-elect Donald Trump indicated during his campaign that he would impose imports tariff. According to an article in Global...
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This Tech Analyst Expects A Beat Out Of Cisco
Monday, November 14, 2016 - 12:48pm | 336As Cisco Systems, Inc. (NASDAQ: CSCO) is preparing to announce its first-quarter results on November 16, Drexel Hamilton anticipates a beat quarter on the expectations of continued execution. While maintaining its Buy rating, the firm kept its target price of $37.00, implying an upside potential of...
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Apple Offering Another Buying Opportunity After Recent Selloff
Friday, November 11, 2016 - 8:26am | 264Apple Inc. (NASDAQ: AAPL) shares have been hit hard since the company’s fiscal Q4 earnings report, but the dip may be a huge buying opportunity for investors. According to Drexel Hamilton analyst Brian White, Apple stock is the best buy in the market for the remaining weeks of 2016....
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Here's Every Rating And Price Target On Disney Ahead Of Q3 Earnings
Thursday, November 10, 2016 - 4:29pm | 346Media and entertainment company Walt Disney Co (NYSE: DIS) is due to release its fiscal year fourth-quarter results after the market close. Analysts, on average, expect the company to report earnings of $1.16 per share, down from $1.20 per share last year, on revenues of $13.52 billion, almost...
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Drexel Hamilton's Apple Monitor Shows October Sales 'Slightly Below Historical Seasonality'
Thursday, November 10, 2016 - 1:02pm | 411Drexel Hamilton said in a note released on Thursday that the most recent Apple Inc. (NASDAQ: AAPL) Monitor showed October sales trending slightly below historical seasonality. October Softness Came After Strong September Analyst Brian White noted that the final October sales rose 6 percent month-...
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Tableau's Q3 Paints A Troubling Picture As Revenues Fall Short
Wednesday, November 2, 2016 - 11:33am | 356Brian White of Drexel Hamilton has downgraded Tableau Software Inc (NYSE: DATA) to Hold from Buy following the tepid third-quarter revenue and “chilling” outlook that suggests the company has lost its competitive advantage in the crowded cloud market. Mixed Q3 Tableau reported third-...
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Apple Can 'Grow Again' Next Quarter
Wednesday, October 26, 2016 - 10:03am | 278Following solid Q4 2016 results and Q1 guidance, Drexel Hamilton’s Brian White believes Apple Inc. (NASDAQ: AAPL) could return to sales growth a quarter earlier than estimated. White maintained a Buy rating on the company, with a price target of $185. “Apple remains our top pick...