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Facebook Parent Main Emerging Player In Metaverse Alongside Apple; Goldman Analysts See 89% Upside
Friday, April 22, 2022 - 7:43am | 536Facebook parent Meta Platforms Inc’s (NASDAQ: FB) foray into the metaverse got a thumbs up from Goldman Sachs (NYSE: GS) analysts led by Rod Hall, who gave the firm a substantially higher price target. What Happened: Meta Platforms got a 12-month price...
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Apple Pulls Back From All-Time High, But May Be Set To Climb Heading Into Earnings, Fed Meeting
Tuesday, January 25, 2022 - 11:43am | 649Apple, Inc (NASDAQ: AAPL) completed a measured move on a breakdown of a bearish head-and-shoulders pattern which Benzinga called out on Jan. 18. The stock fell about 8% in total between Thursday and Monday to hit the $155 level, as Benzinga had predicted. On Thursday, Apple will report its...
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Goldman Sachs Downgrades NetApp On Worsening IT Spending Outlook
Monday, October 18, 2021 - 4:01pm | 318NetApp Inc.’s (NASDAQ: NTAP) performance is likely to be impacted by a moderating IT spending environment in 2022, according to Goldman Sachs. The NetApp Analyst: Rod Hall downgraded the rating for NetApp from Neutral to Sell, while keeping the price target unchanged at $81. The NetApp Thesis...
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Why This F5 Networks Analyst Is Turning Bearish
Tuesday, June 1, 2021 - 11:49am | 234F5 Networks, Inc’s (NASDAQ: FFIV) growth targets appear too optimistic, with the market “rapidly transitioning to cloud-based architectures,” where the company has a lower share, according to Goldman Sachs. The F5 Networks Analyst: Rod Hall downgraded F5 Networks from Neutral to...
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Goldman Sachs Upgrades Dell Technologies On Strong Debt Paydowns
Tuesday, February 2, 2021 - 1:25pm | 236Dell Technologies Inc (NYSE: DELL) seems well positioned to continue rapid debt paydowns, even amid potential demand volatility, according to Goldman Sachs. The Dell Technologies Analyst: Rod Hall upgraded Dell Technologies from Hold to Buy, while raising the price target from $68 to $96...
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Why Goldman Sachs Is Dropping Bearish Nutanix Stance After Q1 Beat
Tuesday, November 24, 2020 - 12:19pm | 229Nutanix Inc (NASDAQ: NTNX) reported higher-than-expected top- and bottom-line first-quarter results Monday. The company’s annualized contract value billings showed signs of stabilization, while its balance sheet is stronger after a $750-million investment by a financial sponsor in...
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Goldman Turns Bearish On Apple, Qualcomm, Projects 36% Drop In Q2 iPhone Sales
Friday, April 17, 2020 - 12:17pm | 476Apple Inc. (NASDAQ: AAPL) traded lower Friday after one Wall Street analyst downgraded the stock and said COVID-19 will take a bigger bite out of global smartphone demand than investors realize. The Apple Analyst Goldman Sachs analyst Rod Hall downgraded Apple from Neutral to Sell and cut the ...
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Apple's Stock Dips Lower After Goldman Sachs Lowers Price Target To $165
Friday, September 13, 2019 - 9:58am | 351Apple Inc. (NASDAQ: AAPL) expansion into streaming video could have a "material negative impact" on earnings. The Analyst Goldman Sachs analyst Rod Hall maintains a Neutral rating on Apple with a price target lowered from $187 to $165. The Thesis Apple is marketing its new streaming video...
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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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Wall Street Reacts To Apple's Q1 Earnings, Guidance
Wednesday, January 30, 2019 - 11:41am | 1195Many Apple Inc. (NASDAQ: AAPL) investors are breathing a sigh of relief after the company's fiscal first-quarter results came in slightly better than expected and the stock initially jumped higher by more than 5 percent. Here is a summary of how some of the Street's top analysts reacted to...
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Goldman Sachs Turns Bullish On NetApp, Upgrades Pure Storage To Neutral
Wednesday, October 17, 2018 - 2:45pm | 629The outlook for the storage market bodes especially well for NetApp Inc. (NASDAQ: NTAP) while the bearish case for Pure Storage Inc (NYSE: PSTG) is no longer warranted, according to Goldman Sachs. The Analyst Goldman Sachs' Rod Hall upgraded NetApp's stock rating from Neutral to Buy with a...
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What A Slowdown In China Means For Apple
Monday, October 15, 2018 - 12:16pm | 616Economic concerns in China and could potentially impact Apple Inc. (NASDAQ: AAPL) as consumer demand slows in the world's second-largest economy, according to Goldman Sachs. The Analyst Analyst Rod Hall maintains a Neutral rating on Apple's stock with an unchanged $240 price target....
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Analysts Expect Rollout Of New iPhones At Apple's 'Gather Round' Event Wednesday
Tuesday, September 11, 2018 - 1:48pm | 738Sell-side analysts are anticipating the introduction of three new iPhone models at Apple, Inc. (NASDAQ: APPL)’s “Gather Round” event Wednesday in Cupertino. Here's what analysts from Bank of America Merrill Lynch, Goldman Sachs and UBS have to say ahead of the reveal....
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Sell-Side Largely Neutral On Sonos After Q3 Print
Tuesday, September 11, 2018 - 11:20am | 730Sonos Inc. (NASDAQ: SONO) reported earnings for the first time since the company’s August IPO Monday, sending the stock down more than 16 percent in after-hours trading. The Analyst Morgan Stanley analyst Katy Huberty reiterated an Equal-weight rating and $20 price target. Jefferies...
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Goldman Sachs' 4 Reasons Why Corning Is No Longer A Sell
Thursday, June 21, 2018 - 9:21am | 398Corning Incorporated (NYSE: GLW), best known for inventing the first low-loss optical fiber decades ago, should no longer be sold by investors for four key reasons, according to Goldman Sachs. The Analyst Goldman Sachs' Rod Hall assumed coverage of Corning and upgraded the stock from Sell...