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Acacia's 'Valuation Contraction' Fetches Neutral Upgrade From Morgan Stanley
Friday, April 27, 2018 - 10:53am | 356Read More...Acacia Communications, Inc. (NASDAQ: ACIA), a supplier of optical interconnect products, has seen its stock fall about 35 percent from the $40 level over the past six weeks. The Analyst Morgan Stanley analyst Meta Marshall upgraded shares of Acacia Communications from Underweight to Equal-Weight...
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Morgan Stanley's Guide On How To Play The Optical Space
Friday, March 9, 2018 - 11:55am | 887Read More...The optical space boasts multiple demand drivers from facial recognition, telecom companies looking to expand bandwidth, and the industrial/semicap sectors requiring optical products, Morgan Stanley says. But at the same time the optical space has been challenged by fragmentation, a highly...
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This Analyst's Bearish Stance On Lumentum No Longer Applies
Tuesday, January 23, 2018 - 11:14am | 424Read More...Lumentum Holdings Inc (NASDAQ: LITE), a provider of optical and photonic products and key Apple Inc. (NASDAQ: AAPL) supplier, will be closely watched by investors amid concerning reports that iPhone demand isn't as strong as expected. The Analyst Morgan Stanley's Meta Marshall upgraded...
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Former Arris Bull Grows Cautious, Lowers Stock To Equal-Weight
Tuesday, December 19, 2017 - 12:58pm | 398Read More...Despite a 15-percent decline throughout 2017, ARRIS International plc (NASDAQ: ARRS) was still favorably viewed by some on the Street, but on Tuesday a notable analyst changed their previously bullish thesis. The Analyst Morgan Stanley's Meta Marshall downgraded Arris' stock rating...
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Getting The BAND Together: 3 Analysts Rate Bandwidth
Tuesday, December 5, 2017 - 5:23pm | 661Read More...Bandwidth Inc (NASDAQ: BAND), a cloud-based, software-powered communications platform-as-a-service, or CPaaS, company, offered 4 million shares in a recent IPO at $20 each. With the quiet period expiring Tuesday, sell-side analysts offered their takes on the company and its prospects...
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RingCentral Needs More 'Marquee Wins' To Justify Valuation
Thursday, July 20, 2017 - 12:55pm | 326Read More...Analysts at Morgan Stanley no longer hold a bullish stance on RingCentral Inc (NYSE: RNG), a software-as-a-service solutions provider for businesses to support modern communications, largely due to valuation concerns. After a nearly 70 percent return since the start of 2017, Morgan Stanley's...
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RingCentral's Enterprise Market Investments Could Dial Up Continued Growth The Next Few Years
Wednesday, April 12, 2017 - 9:04am | 381Read More...Morgan Stanley’s Meta Marshall believes the investments made by RingCentral Inc (NYSE: RNG) to move into the enterprise market would start to bear fruit in 2017, allowing the company to sustain a growth rate of more than 25 percent for the next few years. In a note out Tuesday, the analyst...
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Morgan Stanley Sees BlackBerry's Software Targets As 'Aggressive'
Thursday, September 29, 2016 - 10:20am | 381Read More...Morgan Stanley believes BlackBerry Ltd (NASDAQ: BBRY) has kept an aggressive target for its software segment, pointing out that "more revenue becomes recurring." However, the firm is not ready to change its rating or price target, which remain Equal-Weight rated and at $7. Analysts James Faucette...
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CommScope Valuation Largely Reflects Current Opportunity; Morgan Stanley Initiates At Equal Weight
Tuesday, September 20, 2016 - 9:29am | 344Read More...Morgan Stanley initiated Commscope Holding Company Inc (NASDAQ: COMM) at an Equal-Weight rating with a $35 price target. The firm premised its action on the belief that CommScope is a well-built company and is diversified enough to stand the fluctuations in carrier spend. Equity analyst Meta...
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Morgan Stanley Downgrades Ciena Corporation After 20% Jump Last Month
Friday, September 2, 2016 - 8:21am | 369Read More...Morgan Stanley has downgraded Ciena Corporation (NYSE: CIEN) to Equal Weight from Overweight on valuation as shares surpassed the brokerage's $23 price target. Shares of Ciena have gained 20 percent in the last month and closed 8 percent higher on Thursday at $23.17 following better-than-expected...
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Morgan Stanley Downgrades Lumentum Holdings, Raises Target To $27
Thursday, August 11, 2016 - 10:16am | 347Read More...Morgan Stanley downgraded Lumentum Holdings Inc (NASDAQ: LITE) to Underweight from Equal-weight saying "the current price builds in peak optimism about the duration of demand and margin health and will likely move sideways even if there was to be margin upside in the next few quarters....
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Recent Sell-Off In Ciena Creates Opportunity; Morgan Stanley Upgrades To Overweight
Tuesday, January 12, 2016 - 11:23am | 244Read More...Morgan Stanley issued a company note on Ciena Corporation (NYSE: CIEN) after a recent sell-off in shares has made the stock attractive based on valuation. Morgan Stanley upgraded Ciena from Equal-weight to Overweight and lowered its price target from $25 to $23. Analysts Meta Marshall, James...
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GoPro: The Day After
Wednesday, April 29, 2015 - 9:55am | 443Read More...GoPro Inc (NASDAQ: GPRO) released its earnings on Tuesday. The portable camera maker reported EPS of $0.11 and revenue of $383 million, above many analysts expectations. The company also reported a 45.1 percent gross margin, which beat expectations of 44.5 percent. Several Wall Street firms...
