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UPDATE: Jefferies Lowers PT on Apple Following FY14 Estimate Cuts
Friday, September 13, 2013 - 10:16am | 121In a report published Friday, Jefferies analyst Peter Misek reiterated a Hold rating on Apple (NASDAQ: AAPL), but lowered the price target from $450.00 to $425.00. In the report, Jefferies noted, “We cut our FY14 estimates further below consensus (EPS $38.78 to $37.95 vs. St $42.66) due to 1) the...
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Jefferies Reiterates Hold Rating, $450 PT on Apple Following iPhone 5S/5C Announcement
Wednesday, September 11, 2013 - 9:07am | 94In a report published Wednesday, Jefferies analyst Peter Misek reiterated a Hold rating and $450.00 price target on Apple (NASDAQ: AAPL). In the report, Jefferies noted, “The iPhone 5C's $99 on-contract price is higher than expected and still leaves Apple with a product gap in the low-end. While...
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UPDATE: Jefferies Raises PT on NetApp Ahead of FQ1 Results
Thursday, August 8, 2013 - 10:11am | 116In a report published Thursday, Jefferies analyst Peter Misek reiterated a Hold rating on NetApp (NASDAQ: NTAP), and raised the price target from $35.00 to $44.00. In the report, Jefferies noted, “Our channel checks indicate that many of NTAP's resellers finished FQ1 (Jul) ahead of plan with a...
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UPDATE: Jefferies Raises PT on Apple on Lackluster iPhone 5S Launch
Thursday, August 1, 2013 - 8:30am | 119In a report published on Thursday, Jefferies analyst Peter Misek reiterated a Hold rating on Apple (NASDAQ: AAPL) and raised the price target from $405 to $450. In the report, Jefferies stated, "We see risk to CQ4 Street iPhone ests, but our recent investor discussions indicate that the buy-...
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Jefferies Reiterates Hold Rating on Apple Following June EPS Results
Wednesday, July 24, 2013 - 10:19am | 117In a report published Wednesday, Jefferies analyst Peter Misek reiterated a Hold rating and $405.00 price target on Apple (NASDAQ: AAPL). In the report, Jefferies noted, “CQ2 EPS beat expectations mainly due to lower share count with iPhone strength offsetting iPad weakness. iPhone shipments of...
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UPDATE: Jefferies Lowers PT on Velti on Multiple Challenges Ahead
Monday, July 15, 2013 - 10:26am | 126In a report published Monday, Jefferies analyst Peter Misek reiterated a Hold rating on Velti (NASDAQ: VELT), but lowered the price target from $2.15 to $1.50. In the report, Jefferies noted, “We think a pause in enterprise spending affected many of our companies' Q2 results and bookings. We...
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UPDATE: Jefferies Raises PT on Sierra Wireless on Multiple Challenges Ahead
Monday, July 15, 2013 - 10:20am | 128In a report published Monday, Jefferies analyst Peter Misek reiterated a Hold rating on Sierra Wireless (NASDAQ: SWIR), and raised the price target from $10.00 to $13.75. In the report, Jefferies noted, “We think a pause in enterprise spending affected many of our companies' Q2 results and...
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UPDATE: Jefferies Raises PT on Proto Labs on Multiple Challenges Ahead
Monday, July 15, 2013 - 10:19am | 128In a report published Monday, Jefferies analyst Peter Misek reiterated a Hold rating on Proto Labs (NYSE: PRLB), and raised the price target from $50.00 to $65.00. In the report, Jefferies noted, “We think a pause in enterprise spending affected many of our companies' Q2 results and bookings....
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UPDATE: Jefferies Raises PT on Novatel Wireless on Multiple Challenges Ahead
Monday, July 15, 2013 - 10:18am | 128In a report published Monday, Jefferies analyst Peter Misek reiterated a Hold rating on Novatel Wireless (NASDAQ: NVTL), and raised the price target from $2.75 to $4.00. In the report, Jefferies noted, “We think a pause in enterprise spending affected many of our companies' Q2 results and...
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UPDATE: Jefferies Lowers PT on International Business Machines on Multiple Challenges Ahead
Monday, July 15, 2013 - 10:18am | 131In a report published Monday, Jefferies analyst Peter Misek reiterated a Hold rating on International Business Machines (NYSE: IBM), but lowered the price target from $225.00 to $210.00. In the report, Jefferies noted, “We think a pause in enterprise spending affected many of our companies' Q2...
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Jefferies Reiterates Hold Rating on Apple Following Taiwan Supply Chain Data Analysis
Thursday, July 11, 2013 - 11:06am | 126In a report published Thursday, Jefferies analyst Peter Misek reiterated a Hold rating and $405.00 price target on Apple (NASDAQ: AAPL). In the report, Jefferies noted, “Our analysis of Taiwan supply chain data indicates that Apple will likely report an in line CQ2 due to less channel inventory...
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UPDATE: Jefferies Lowers PT on Apple on Cut iPhone Estimates
Monday, June 24, 2013 - 9:28am | 120In a report published on Monday, Jefferies analyst Peter Misek lowered the price target on Apple (NASDAQ: AAPL) from $420 to $405 and maintained a Hold rating. In the report, Jefferies stated, "Our checks indicate broad-based iPhone build plan cuts, which followed our checks last week...
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Traders Are Still Bullish on Apple (AAPL) Ahead of Earnings
Tuesday, April 20, 2010 - 1:16am | 126On CNBC's Fast Money, traders seemed to agree that Apple is a buy going into earnings. Peter Misek of Canaccord Adams believes that investors should take a bite out of Apple (AAPL) before Tuesday's earnings report. Misek thinks that "Macs did very well in the quarter. (Also) we think iPhones were...
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Are Palm (PALM) Shares Worthless?
Friday, March 19, 2010 - 12:17pm | 192Are Palm's shares worthless? According to Canaccord Adams analyst Peter Misek, Palm's shares are worthless. This is surprising for a company whose stock was the darling of Wall Street a few months ago. Shares were trading at north of $15 just this past year. Now Palm has dropped to under $5 per...