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NVIDIA Delivers Second Consecutive Spectacular Quarter
Friday, November 11, 2016 - 10:06am | 359Read More...NVIDIA Corporation (NASDAQ: NVDA) reported its October quarter results ahead of expectations and announced another “spectacular” guidance, MKM Partners’ Ian Ing said in a report. He added that the company achieved strong growth in gaming and data center revenues and that “...
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Broadcom Finds A Clever Way To Maintain M&A Strategy With Brocade Deal
Friday, November 4, 2016 - 8:45am | 477Read More...MKM Partners is positive on Broadcom Ltd (NASDAQ: AVGO)'s plans to acquire Brocade Communications Systems, Inc. (NASDAQ: BRCD) for $5.9 billion, or $12.75/share in cash, as it is in line with Broadcom’s strategy of selling high-value solutions to top OEMs. “With a Fibre-channel SAN...
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Intersil Initiated Neutral At MKM
Friday, June 24, 2016 - 10:38am | 244Read More...A turnaround at Intersil Corp (NASDAQ: ISIL) finally appears to be on track, MKM Partners’ Ian Ing said in a report. He initiated coverage of the company with a Neutral rating and a fair value estimate of $15.50. Analyst Ian Ing commented that although new product cycles were interesting...
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There Was A Lot To Like In Broadcom's Earnings
Friday, June 3, 2016 - 2:40pm | 282Read More...Broadcom Ltd (NASDAQ: AVGO) reported its first quarterly financial results as a combined entity with Avago on Thursday. Second quarter EPS of $2.53 and revenue of $3.56 billion beat the Street’s consensus by $0.15 and $10 million, respectively. Following the earnings report, MKM Partners...
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NVIDIA Remains MKM's Top Pick
Friday, May 13, 2016 - 9:56am | 253Read More...NVIDIA Corporation (NASDAQ: NVDA) reported a 1Q EPS beat, driven by growth in data center, which offset a decline in gaming. MKM Partners’ Ian Ing reiterated a Buy rating for the company, while raising the price target from $39 to $43. While data center grew 47 percent, gaming was down 15...
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Did Xilinx's Earnings Change Wall Street's Mind About The Stock?
Tuesday, January 26, 2016 - 3:15pm | 348Read More...Shares of Xilinx, Inc. (NASDAQ: XLNX) are up more than 12.5 percent this week following a big Q4 revenue beat. But should traders now be taking profits on Xilinx, or is there more upside in coming months? Here’s what top firms have to say about the stock now. Deutsche Bank Analyst Ross...
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MKM: It's Time To Buy Nvidia
Friday, November 6, 2015 - 10:14am | 295Read More...NVIDIA Corporation (NASDAQ: NVDA) shares have appreciated 34.65 percent over the past three months, reaching a high of $28.70 on November 2. MKM Partners’ Ian Ing has upgraded the rating on the company from Neutral to Buy, with a price target of $36. Although the stock is expensive...
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Xilinx's Guidance Shows 'It's Not So Bad Out There'
Thursday, October 15, 2015 - 11:10am | 479Read More...The share price of Xilinx, Inc. (NASDAQ: XLNX) has increased 11.4 percent over the last month, reaching a high of $45.38 on October 14. Barclays’ Blayne Curtis has maintained an Equal-Weight rating and price target of $41 on the company, while Ian Ing of MKM Partners has maintained a...
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MKM Partners: Time To Buy Micron
Tuesday, September 8, 2015 - 4:04pm | 299Read More...Micron Technology, Inc. (NASDAQ: MU) has declined more than 50 percent year-to-date. Ian Ing, executive director at MKM Partners, upgraded the stock to Buy from Neutral with a $23 price target. Ing noted that this was "not a call that fundamentals have sustainably turned positive,...
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Avago Trumps Analysts' Fears: What They're Saying Now
Thursday, August 27, 2015 - 1:50pm | 836Read More...Shares of Avago Technologies Ltd (NASDAQ: AVGO) were trading higher by nearly 7 percent an hour after Thursday's opening bell, following the company's second-quarter results on Wednesday. Avago said that it earned $2.24 per share in the second quarter, ahead of the $2.14 per share analysts were...
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MKM Previews Semiconductor Earnings. What Do You Expect?
Monday, August 17, 2015 - 3:48pm | 444Read More...In a report published Monday, MKM Partners analyst Ian Ing gave readers an earnings preview of the semiconductor industry. with many of the sector's top firms slated to report this week. Below is a summary of his positions on three of the big players. Analog Devices, Inc. (NASDAQ: ADI):...
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AMD Analyst Roundup Following Earnings
Friday, July 17, 2015 - 10:31am | 576Read More...Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) traded at new 52-week lows on Friday following the release of the company's second quarter earnings on Thursday. Here is a summary of what some of Wall Street's top analysts are saying. MKM Partners: High Bar On Revenue And Gross...
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Intel… The Day After The Beat
Thursday, July 16, 2015 - 10:51am | 663Read More...Intel Corporation (NASDAQ: INTC) posted a stronger-than-expected second quarter results after Wednesday's market close. Here is a look at what some of Wall Street's top analysts are saying. MKM: ‘Moore's Law Reset' Ian Ing commented in a note that Intel's second...
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Declining Expectations For Micron's Earnings
Wednesday, June 24, 2015 - 4:49pm | 319Read More...Shares of Micron Technology, Inc. (NASDAQ: MU) fell 1.88 percent on Wednesday, ahead of the company’s third quarter financial results, scheduled for after the market closes on Thursday. According to Estimize, the company is expected to report a marked decline in earnings on pretty much...
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MKM: 'Room To Disappoint' For Micron Technology's Q3
Tuesday, June 23, 2015 - 12:51pm | 243Read More...Despite drastically lowered expectations, Micron Technology, Inc. (NASDAQ: MU) still has room to disappoint Wall Street when it posts quarterly results Thursday, an analyst said. MKM's Ian Ing cut his target on Micron 9 percent Tuesday to $30, citing continued weakness in demand for...
