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Nomura Raises Apple's Target To $135, Sees iPhone Units Of 234 Million For 2017
Thursday, September 22, 2016 - 7:29am | 324Read More...Nomura’s Jeffrey Kvaal mentioned that data points across geographies indicate a robust iPhone 7 launch, with stronger than expected demand. However, the analyst believes Apple Inc. (NASDAQ: AAPL) “does not require a 7 supercycle for the stock to work.” Kvaal maintained a Buy...
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Ciena Corporation's Exposure To Brexit Fallout May Be Less Than Initially Suggested
Friday, July 1, 2016 - 10:47am | 210Read More...Ciena Corporation (NYSE: CIEN) was among the first to offer cautious Brexit commentary, and Nomura said the company's exposure to the Brexit fallout may be less than expected. "Our follow-up for more detail suggests a lower exposure than we had initially understood. Ciena's UK exposure is lower...
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Infinera Offers A Healthy Structural Sales Growth, Margin Expansion Story
Friday, June 3, 2016 - 12:09pm | 162Read More...Nomura analyst Jeffrey Kvaal believes Infinera Corp. (NASDAQ: INFN) offered a health structural sales growth. The analyst also expects the company's margin expansion story to help its bottom line in the upcoming years. As a result, the analyst initiated the stock with a rating of Buy with a...
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Ciena Is A Contrarian Idea, Says Nomura
Wednesday, May 25, 2016 - 3:21pm | 348Read More...Nomura has called Ciena Corporation (NYSE: CIEN) a contrarian play, as the company has disappointed for three straight quarters despite gaining share in a healthy optical market. "Ciena's uneven execution, even if positive over the long term, leaves it a contrarian play," analyst Jeffrey Kvaal...
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Nomura Expects Apple's Rising Subscriber Base To 'Ultimately Restore Volume Growth'
Friday, March 4, 2016 - 9:35am | 223Read More...Nomura's Jeffrey Kvaal maintained a Buy rating on Apple Inc. (NASDAQ: AAPL), with a price target of $135. Following Nomura's Asia Tour, Kvaal said, "We found both the long-term and near-term implications for Apple to be positive overall." Despite lower-than-expected iPhone...
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Forget The Selloff, Nomura Continues To Buy Apple And Facebook
Friday, January 15, 2016 - 11:07am | 410Read More...Apple Inc. (NASDAQ: AAPL) shares are down 12 percent since December 15, while shares of Facebook Inc (NASDAQ: FB) have lost 9 percent. Nomura analysts maintained Buy ratings for both companies. Checks indicate more positive outcomes, the analysts said. Apple Analyst Jeffrey Kvaal has...
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Nomura Prefers T-Mobile, AT&T Over Sprint And Verizon
Friday, October 16, 2015 - 11:04am | 438Read More...Shares of major carriers have been broadly down over the past one month, as well as year-to-date. Nomura’s Jeffrey Kvaal initiated coverage of T-Mobile US Inc (NYSE: TMUS), AT&T Inc. (NYSE: T), Sprint Corp (NYSE: S) and Verizon Communications Inc. (NYSE: VZ). T-Mobile US:...
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Chief Strategist Talks Ciena Ahead Of Earnings
Wednesday, June 3, 2015 - 3:35pm | 277Read More...Ciena Corporation (NYSE: CIEN) is scheduled to report its second quarter results on Thursday before market open. The Estimize earnings per share consensus estimate (based on six estimates) stands at $0.24 on revenue of $608.33. This compares to the Wall Street consensus estimate that is looking for...
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Nomura Says It's Time To Buy Communication Equipment Stocks, Comments On 5 Companies
Wednesday, June 3, 2015 - 2:24pm | 612Read More...In a report published Tuesday, Nomura analyst Jeffrey Kvaal initiated coverage of the communication equipment sector, noting that "modest" industry growth understates the "turbulence" within the market. "Pockets of rapid growth, market share shifts, and new end...
