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Akamai's Q3 Beat Prompts SunTrust To Turn Bullish
Tuesday, October 30, 2018 - 3:10pm | 442A bullish case for can be made for Akamai Technologies, Inc. (NASDAQ: AKAM) after the tech company's third-quarter earnings beat Monday, according to SunTrust Robinson Humphrey. What Happened Akamai said it earned 94 cents per share in Q3 on revenue of $670 million versus...
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AT&T 'Transition' To Take A Year Or More, Analysts Say
Thursday, October 23, 2014 - 4:26pm | 310AT&T Inc.'s (NYSE: T) reduced revenue outlook for 2014 reflects "a transition period" that will require a year or more to complete, according to an analyst Wednesday. Citi's Michael Rollins said AT&T's lower guidance that accompanied its third-quarter earnings...
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UPDATE: Canaccord Initiates Coverage On DIRECTV
Wednesday, September 10, 2014 - 1:56pm | 212DIRECTV's (NASDAQ: DTV) cash-and-stock deal to be acquired by AT&T Inc. (NYSE: T) will yield higher-than expected synergies for the combined companies, an analyst said Wednesday. Canaccord's Greg Miller initiated coverage on DirecTV with a Hold and $95 target. Miller expects...
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UPDATE: Canaccord Initiates On DISH Network Corp, Notes Spectrum Value 'Priced In'
Wednesday, September 10, 2014 - 1:32pm | 312DISH Network Corp's (NASDAQ: DISH) pay-TV market is mature to the point of over-ripeness and the company's valuable but unused wireless spectrum is priced into the company's shares, an analyst said Wednesday. Canaccord's Greg Miller launched coverage of the direct broadcaster...
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UPDATE: Canaccord Initiates Coverage On Netflix, Inc. On Revenue Outlook
Wednesday, September 10, 2014 - 12:25pm | 189Netflix, Inc. (NASDAQ: NFLX) accounts for more than half of the overall Internet traffic during prime time, suggesting a critical mass increasingly valued by consumers, an analyst said Wednesday. Canaccord's Greg Miller launched coverage of the company with a Buy rating and $550 target,...
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Canaccord Initiates Coverage On Cable & Broadcast Companies
Wednesday, September 10, 2014 - 11:37am | 251Analysts at Canaccord initiated coverage on several cable and broadcast companies Wednesday. Greg Miller believes that the negative reports on the dying cable and pay-TV are heavily exaggerated and feels that “cable operators are in better strategic condition than most are willing to...
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2 Analysts Cut Targets After Sprint Cuts Prices
Wednesday, August 27, 2014 - 3:33pm | 185Sprint (NYSE: S) recent move to cut prices 25 percent spurred a couple of analysts Wednesday to do their own cutting. Canaccord's Greg Miller cut his price target to $5.75 from $7.50 and Barclays' Amir Rozwadowski cut his target to $6 from $9. Both analysts maintained Hold ratings....
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Rackspace Sinks, Q2 Report Mum On Possible Sale
Tuesday, August 12, 2014 - 12:43pm | 395Rackspace Hosting (NYSE: RAX) fell more than seven percent Tuesday after the company failed to offer insight into its possible sale and said second-quarter expense grew faster than revenue. Investors had feared the cloud services competition from Amazon, Google and Microsoft might hurt results...
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UPDATE: TW Telecom Shares Up Following Canaccord Upgrade
Friday, May 9, 2014 - 3:17pm | 122Shares of TW Telecom (NASDAQ: TWTC) are trading up approximately three percent Friday following an upgrade from Hold to Buy and price target raise from $27 to $35 at Canaccord Genuity. Analyst Greg Miller wrote, "We are increasingly confident reaccelerating growth in the enterprise segment...
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UPDATE: Canaccord Initiates On Lumos Networks On Solid Near-Term Growth Strategy
Thursday, December 5, 2013 - 8:02am | 139In a report published Thursday, Canaccord Genuity analyst Greg Miller initiated a Buy rating on Lumos Networks (NASDAQ: LMOS) and initiated a price target of $28.00. In the report, Canaccord Genuity says "We are launching coverage of Lumos Networks, a Mid-Atlantic provider of fiber optic-based...
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Rackspace Hosting Earnings Preview
Monday, November 11, 2013 - 3:19pm | 439Rackspace Hosting (NYSE: RAX) is expected to post its Q3 earnings at $0.16 per share on revenue of $387.47 million. Rackspace appointed their first COO in September. Shares of the IT cloud computing company based in San Antonio has outperformed AT&T and the Dow Jones over the past months....
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UPDATE: Canaccord Genuity Upgrades T-Mobile US as Solid Results are Expected to Continue
Wednesday, November 6, 2013 - 10:05am | 135In a report published Wednesday, Canaccord Genuity analyst Greg Miller upgraded the rating on T-Mobile US (NYSE: TMUS) from Hold to Buy, and raised the price target from $25.00 to $33.00. In the report, Canaccord Genuity noted, “T-Mobile US reported Q3/13 results with key post-paid subscriber...
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UPDATE: Canaccord Genuity Initiates T-Mobile US at Hold Following MetroPCS Reverse Merger
Tuesday, June 18, 2013 - 8:49am | 157In a report published Tuesday, Canaccord Genuity analyst Greg Miller initiated coverage on T-Mobile US (NYSE: TMUS) with a Hold rating and $22.00 price target. In the report, Canaccord Genuity noted, “We are initiating coverage on T-Mobile US with a HOLD rating and a $22 price target following...
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UPDATE: Canaccord Genuity Lowers PT on Rackspace Hosting on Remaining Downside Risks
Wednesday, May 29, 2013 - 11:14am | 122In a report published Wednesday, Canaccord Genuity analyst Greg Miller reiterated a Hold rating on Rackspace Hosting (NYSE: RAX), but lowered the price target from $40.00 to $37.00. In the report, Canaccord Genuity noted, “Despite recent estimate cuts, we believe additional downside risks...
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Collins Stewart Maintains Hold Rating For Cbeyond, Inc. (CBEY)
Thursday, May 6, 2010 - 9:05am | 86Analysts Greg Miller and Eric Z. Chu at Collins Stewart have released an update on Cbeyond, Inc. (NASDAQ: CBEY). On Wednesday, the company reported its first-quarter results. Cbeyond reported first-quarter revenue of $110.5 million, which was slightly below analysts’ estimate of $111.2 million....