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Jefferies Is Buying Intel, Calls Its China Investment 'Brilliant'
Friday, November 13, 2015 - 11:16am | 330Read More...The share price of Intel Corporation (NASDAQ: INTC) has appreciated 11.6 percent in the last three months, with a high of $34.90 on October 23. Jefferies' Mark Lipacis has maintained a Buy rating on the company, with a price target of $38. While mentioning that there was a low...
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Here's How Much SanDisk Would Help Micron
Wednesday, October 14, 2015 - 3:48pm | 356Read More...Media reports have suggested that Micron Technology, Inc. (NASDAQ: MU) might be in talks with SanDisk Corporation (NASDAQ: SNDK)’s management to acquire to company. In a recent report, analysts at Jefferies share a few reasons to believe this combination would be positive. Shares of...
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Was Intel's Bar Too High?
Wednesday, October 14, 2015 - 1:08pm | 1028Read More...Shares of Intel Corporation (NASDAQ: INTC) were trading lower by nearly 2 percent Wednesday morning following its third-quarter print. Intel posted a better-than-expected earnings per share and revenue along with a cautious outlook. Analysts were mixed following the quarterly print. Shares of...
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Jefferies Upgrades NVIDIA On Virtual Reality 'Kicker'
Thursday, September 17, 2015 - 11:41am | 371Read More...The share price of NVIDIA Corporation (NASDAQ: NVDA) has risen 13.4 percent year-to-date. Jefferies’ Mark Lipacis has upgraded the rating on NVIDIA from Hold to Buy, while raising the price target from $23 to $30. Lipacis expects the secular growth trends in the Accelerating...
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(Most Of) The Pros Love Avago
Friday, May 29, 2015 - 11:59am | 757Read More...Avago Technologies Ltd (NASDAQ: AVGO) announced on Thursday its intention to acquire Broadcom Corporation (NASDAQ: BRCM) for $37 billion. Analyst reaction following the announcement was for the most part positive. Jefferies: Acquisition Creates $14 Of EPS Power Mark Lipacis of Jefferies...
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Broadcom-Avago...The Day After
Thursday, May 28, 2015 - 2:13pm | 728Read More...Broadcom Corporation (NASDAQ: BRCM) soared over 20 percent Wednesday following news its would be acquired by Avago Technologies Ltd (NASDAQ: AVGO) in a $37 billion dollar deal; the deal was confirmed Thursday morning. On Thursday, Avago traded at $140.30, down 0.84 percent while Broadcom fell 2...
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Health Could Be The 'Killer App' For Apple, Jefferies Says
Tuesday, March 10, 2015 - 9:41am | 287Read More...Jefferies issued a report on Apple Inc. (NASDAQ: AAPL) Monday after the company gave its keynote presentation of their new Apple Watch. Jefferies rates Apple as a Hold with a $127.14 price target. A Closer Look At The Report Analysts Sundeep Bajikar, Mark Lipacis, Billy Kim, and Marco Chen...
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Intel Q4 Earnings Preview
Thursday, January 15, 2015 - 12:21pm | 151Read More...Intel Corporation (NASDAQ: INTC) is scheduled to report Q4 earnings Thursday after the market close. The company is estimated to post earnings of $0.66 per share on revenue of $14.70 billion. In December, Bank of America named Intel as a Top Pick and maintained a $43 price target. Since mid-...
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Mixed Response from Analysts Following Intel's Investor Day
Friday, November 22, 2013 - 2:11pm | 410Read More...Analysts report mixed responses following Intel (NASDAQ: INTC) investor day on Thursday. CEO Brian Krzanich said that he plans to expand the company's small contract manufacturing business and added that the company will go much broader in foundry business. Intel is expected to offer a new high-...
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UPDATE: Jefferies Reiterates on Altera Following Investor Meeting
Tuesday, November 19, 2013 - 9:39am | 112Read More...In a report published Tuesday, Jefferies analyst Mark Lipacis reiterated a Hold rating on Altera Corporation (NASDAQ: ALTR), and raised the price target from $34.00 to $35.00. In the report, Jefferies noted, “Altera's Investor Meeting reinforced our Moore Stress thesis and Intel upgrade. Altera...
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UPDATE: Jefferies Reiterates on Broadcom Corporation Following Solid 3Q EPS Beat, Weaker 4Q Outlook
Wednesday, October 23, 2013 - 12:09pm | 106Read More...In a report published Wednesday, Jefferies analyst Mark Lipacis reiterated a Buy rating on Broadcom Corporation (NASDAQ: BRCM), but lowered the price target from $34.00 to $32.00. In the report, Jefferies noted, “3Q EPS beat consensus by $0.07 due to better gross margins, higher revs and lower...
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UPDATE: Jefferies Reiterates on Altera Corporation Following Slight Q3 Revenues Miss
Wednesday, October 23, 2013 - 11:20am | 104Read More...In a report published Wednesday, Jefferies analyst Mark Lipacis reiterated a Hold rating on Altera Corporation (NASDAQ: ALTR), but lowered the price target from $36.00 to $34.00. In the report, Jefferies noted, “Q3 revenues missed slightly, but lower taxes and OpEx contributed to a $0.03 EPS beat...
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UPDATE: Jefferies Upgrades Intel Corporation on Best Alpha Generation Opportunity
Friday, September 13, 2013 - 9:36am | 119Read More...In a report published Friday, Jefferies analyst Mark Lipacis upgraded the rating on Intel Corporation (NASDAQ: INTC) from Hold to Buy, and raised the price target from $27.00 to $30.00. In the report, Jefferies noted, “We believe INTC offers one of the best alpha generation opportunities in semis...
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UPDATE: Jefferies Lowers PT on Broadcom Following LTE Asset Acquisition from Renesas
Thursday, September 5, 2013 - 12:01pm | 121Read More...In a report published Thursday, Jefferies analyst Mark Lipacis reiterated a Buy rating on Broadcom Corporation (NASDAQ: BRCM), but lowered the price target from $38.00 to $34.00. In the report, Jefferies noted, “The LTE asset acquisition from Renesas provides carrier-validated LTE modems and...
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UPDATE: Jefferies Raises PT on Marvell Technology Following July Quarter Revenue/EPS Report
Friday, August 23, 2013 - 11:53am | 97Read More...In a report published Friday, Jefferies analyst Mark Lipacis reiterated a Hold rating on Marvell Technology Group Ltd. (NASDAQ: MRVL), and raised the price target from $12.00 to $13.00. In the report, Jefferies noted, “MRVL exceeded JulQ revenue and EPS expectations, driven primarily by higher-...
