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Nvidia Impresses Analysts With Datacenter Resurgence, Expanding Margins
Friday, November 15, 2019 - 2:11pm | 1039NVIDIA Corporation (NASDAQ: NVDA) reported mixed quarterly numbers, with the third-quarter results exceeding expectations, while the fourth-quarter revenue guidance was light. The Analysts Bank of America analyst Vivek Arya reiterated a Buy rating on Nvidia and raised the price target from $250 to...
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Analyst: Silicon Motion Technology's Near-Term Prospects Already Backed Into Estimates
Tuesday, October 22, 2019 - 5:02pm | 287While Silicon Motion Technology Corp. (NASDAQ: SIMO) has favorable near-term customer tailwinds and may generated meaningful earnings growth over the intermediate term, the estimates for the back half of 2019 already reflect its favorable momentum, according to Wedbush. The Analyst Wedbush’s...
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Street Debates Micron's Stock After Q4 Disappoints
Friday, September 27, 2019 - 5:05pm | 737Memory and storage solutions company Micron Technology, Inc. (NASDAQ: MU) reported Thursday with fourth-quarter results and a disappointing outlook. Micron shares immediately traded lower following the print, and the Street debated if investors should be buyers of the dip. The Good, Bad In Q4...
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STEC Seeing A Free Fall After Takeover Rumor Falls Flat
Wednesday, January 20, 2010 - 2:02pm | 219Shares of STEC Inc (NASDAQ: STEC), which is mired in lawsuits and facing a weakening competitive position, have been on an uptrend since the beginning of the year on rumors of a possible takeover by IBM (NYSE: IBM). STEC’s shares lost their steam yesterday after Avian Securities analyst Matt Bryson...