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Apple's Market Cap Eclipses $2 Trillion. So What's Next?
Thursday, August 20, 2020 - 12:25pm | 417Apple, Inc. (NASDAQ: AAPL) hit a major market milestone this week when it became the first company to reach a $2 trillion market cap. Apple certainly has a massive opportunity ahead with the launch of its first 5G iPhones, but some investors are skeptical about how much growth potential remains for...
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Apple As A Service: Analysts Break Down Apple TV+, Apple News+ And Apple Arcade
Tuesday, March 26, 2019 - 11:45am | 1097Apple, Inc. (NASDAQ: AAPL) had one of its most important new service unveilings in recent memory on Monday, giving fans their first glimpse at streaming service Apple TV+, subscription gaming service Apple Arcade and news service Apple News+. Unfortunately for investors, Apple didn't...
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Cowen Initiates Apple At Outperform, Says Services EPS Can Double By 2021
Thursday, March 14, 2019 - 10:56am | 364Apple Inc. (NASDAQ: AAPL) shares traded higher Thursday following a high-profile initiation from one Wall Street analyst. The Analyst Cowen analyst Krish Sankar initiated coverage of Apple with an Outperform rating and $220 price target. The Thesis Moving forward, Apple Services will supply...
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3 Reasons Why Cowen Upgraded Applied Materials
Monday, August 6, 2018 - 2:37pm | 426Applied Materials, Inc. (NASDAQ: AMAT) shares have taken a hit due to industry-specific issues, but Cowen is optimistic about the stock's future. The Analyst Cowen analyst Krish Sankar upgraded Applied Materials from Market Outperform to Outperform and increased the price target from $...
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Cree Holds First Earnings Call With New CEO
Wednesday, October 18, 2017 - 11:48am | 392Bank of America Merrill Lynch presented its key takeaways from Cree, Inc. (NASDAQ: CREE)'s first earnings call with new CEO Gregg Lowe. BofA reiterated its Neutral rating on shares, but nudged up its price target from $31 to $32. Lowe's Maiden Earnings Call Analysts Krish Sankar and...
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Sell-Side Love Continues To Shine Down On 'Best Positioned' First Solar
Tuesday, July 25, 2017 - 9:57am | 357The struggling solar industry may not quite be out of the woods just yet, but Wall Street analysts are growing increasingly bullish on industry leader First Solar, Inc. (NASDAQ: FSLR). On Tuesday, Bank of America and Cowen both released positive commentary on First Solar ahead of the company’...
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Recapping The Semicon West Trade Show: Winners And Losers
Thursday, July 13, 2017 - 12:13pm | 740Bank of America Merrill Lynch analyst Krish Sankar recently attended Semicon West, the largest semiconductor equipment trade show, and came away with “optimism abound” for the industry. Drivers for future growth include the transition from 2D to 3D NAND, increasing business with Chinese...
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Applied Materials, Lam Research: Long Trade Ideas Heading Into Semicon West Trade Show
Wednesday, July 5, 2017 - 3:52pm | 629Semicon West is the largest semiconductor equipment trade show, and the event is scheduled to be held in San Francisco from July 11 to July 13 this year. Ahead of this key industry event, which will be held along with Intersolar, Bank of America Merrill Lynch said the semiconductor equipment...
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Solar Stocks Red As Trump Win Turns Sector Bearish, SunPower Downgraded
Wednesday, November 9, 2016 - 11:34am | 611Solar stocks were in the red after Donald Trump beat Hillary Clinton to win the U.S. Presidential elections. The unexpected Trump win has turned investor sentiment bearish towards the solar sector as Trump is an opponent of the current Clean Power Plan. Solar investors were expecting a Clinton...
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Bank Of America Downgrades SolarCity; Stock Tumbles More Than 24%
Tuesday, May 10, 2016 - 2:17pm | 323Krish Sankar of Bank of America Merrill Lynch believes SolarCity Corp (NASDAQ: SCTY) shares are likely to remain range bound in the near term. Sankar downgraded the rating on the company from Buy to Neutral, while lowering the price target from $34 to $24. Reasons For Downgrade The analyst...
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Bank Of America's Stern Sunedison Warning
Tuesday, February 16, 2016 - 10:08am | 296The share price of Sunedison Inc (NYSE: SUNE) has plunged 93.38 percent over the past year, almost touching its 52-week low on February 12 at $1.41. Krish Sankar of Bank of America Merrill Lynch has downgraded the rating on the company from Buy to Neutral, while lowering the price target...
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Bank Of America Still Buying Sunedison
Thursday, December 10, 2015 - 11:52am | 329Sunedison Inc (NYSE: SUNE) shares have declined 79.34 percent year-to-date, with the share price almost touching the 52-week low on November 20. Krish Sankar of Bank of America Merrill Lynch reiterated a Buy rating on the company, while lowering the price target from $15 to $12. The company has...
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Sunedison Wants To Simplify Its Operations: Will It Help The Company?
Monday, October 5, 2015 - 2:52pm | 406Shares of Sunedison Inc (NYSE: SUNE) spiked higher by more than 7 percent Monday morning, but are still down nearly 54 percent year-to-date. Sunedison announced on Monday a series of actions to "optimize its business operations in alignment with current and future market opportunities, and...
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Tech Stocks: The Best...And The Worst Analyst Recommendations
Thursday, May 28, 2015 - 3:17pm | 1059The technology sector is one of the most popular among investors who are looking to to invest in the stock market. Analysts are always on the lookout for the next blockbuster company/stock, but making the right call at the right time is crucial. According to TipRanks, the most and least...
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Lam Research Analyst Roundup
Monday, December 8, 2014 - 11:48am | 339Analysts commented on Lam Research Corporation (NASDAQ: LRCX) Monday after attending technology conferences. Bank of America rated Lam Research a Buy and raised its price target from $80 to $92. Analyst Krish Sankar thought “Lam is likely to outperform its peers this cycle due to its...