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Goldman Sachs' Lack Of Confidence In Juniper Network's Routing Business Leads To Downgrade
Wednesday, April 18, 2018 - 2:29pm | 412The bullish case for owning Juniper Networks, Inc. (NYSE: JNPR)'s stock was partly based on strong expectations for its routing business, but consensus expectations may not align with the company's progress, according to Goldman Sachs. The Analyst Goldman Sachs' Rod Hall downgraded...
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Analysts Slash iPhone Estimates As The Smartphone Market Slows
Wednesday, March 28, 2018 - 10:27am | 424Does Apple Inc. (NASDAQ: AAPL) have an iPhone problem? The Analysts Rosenblatt Securities' Jun Zhang maintains a Buy rating on Apple's stock with an unchanged $180 price target. Goldman Sachs' Rod Hall maintains a Neutral rating on Apple's stock with a 12-month price target...
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Nutanix Replaced By Cisco On Goldman Sachs' Conviction List, But Still A Buy
Friday, March 23, 2018 - 11:21am | 544Nutanix Inc (NASDAQ: NTNX) shares rose 46 percent after the company's second-quarter report, prompting Goldman Sachs to remove the cloud software name from its Americas Conviction List while adding networking giant Cisco Systems, Inc. (NASDAQ: CSCO) to the list. An addition to the list...
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Goldman Sachs Adds Nutanix To Conviction List, Says Hardware Revenue Decision Is Misunderstood
Wednesday, February 7, 2018 - 3:51pm | 436Despite a more than 5-percent decline in Nutanix Inc (NASDAQ: NTNX) shares since the turn of the year, Goldman Sachs sees plenty of reason to be positive and is modeling for a more than 40-percent return. The Analyst Goldman Sachs' Rod Hall initiated coverage of Nutanix's stock with a Buy...
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As Cisco Moves To A Subscription-Based Model, Goldman Sachs Initiates With A Buy
Wednesday, February 7, 2018 - 2:42pm | 388This year is a turning point for Cisco Systems, Inc. (NASDAQ: CSCO) as it works to grow revenues and gross profits during a transition to a disaggregated model for hardware and software in campus switching, according to Goldman Sachs. The Analyst Goldman analyst Rod Hall initiated...
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Goldman On Apple: Waiting On The Sidelines
Wednesday, February 7, 2018 - 11:27am | 436Apple Inc. (NASDAQ: AAPL)'s vast and loyal customer base implies the iPhone maker boasts significant long-term potential, but that doesn't mean investors should rush to buy the stock, according to Goldman Sachs. The Analyst Goldman Sachs' Rod Hall initiated coverage of...
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Apple And Qualcomm: The Drama Continues
Friday, July 7, 2017 - 11:46am | 509QUALCOMM, Inc. (NASDAQ: QCOM) has thrown the latest punch in its ongoing battle with Apple Inc. (NASDAQ: AAPL). Just months after Apple sued Qualcomm for $1 billion, claiming the company has been “charging royalties for technologies they have nothing to do with,” Qualcomm has sued Apple...
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What Did WWDC 2017 Do For Apple? The Sell-Side Weighs In
Tuesday, June 6, 2017 - 3:42pm | 772Apple Inc (NASDAQ: AAPL) investors and enthusiasts are excited about the new products and development tools Apple unveiled at its World Wide Developer Conference on Monday. Apple unveiled new augmented reality development toolkit ARKit, Siri speaker device HomePod, peer-to-peer payment platform Pay...
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There's Substantial Upside In Qualcomm If NXP Deal Closes By Year-End
Monday, May 22, 2017 - 9:04am | 360Analysts at JPMorgan upgraded shares of QUALCOMM, Inc. (NASDAQ: QCOM) from Neutral to Overweight with a price target boosted from $50 to $68 as the company's proposed acquisition of NXP Semiconductors NV (NASDAQ: NXPI) will generate "material fundamental upside." According to JPMorgan's Rod Hall,...
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JPMorgan's Hall Explains How Wall Street Under Appreciates Apple's Story
Monday, March 27, 2017 - 2:20pm | 321JPMorgan's Rod Hall was a guest on CNBC's "Halftime Report" segment on Monday to explain why he thinks Wall Street's outlook on Apple Inc. (NASDAQ: AAPL) is too low. According to Hall, Apple's iPhone cycle remains underappreciated by Wall Street and his own estimates are 15 percent above consensus...
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Samsung's Problems Don't Necessarily Quell Apple Demand Concerns
Tuesday, October 25, 2016 - 2:31pm | 327Investors shouldn't rush to conclude that Apple Inc. (NASDAQ: AAPL)'s iPhone growth concerns are automatically solved from Samsung's decision to discontinue manufacturing and selling its Galaxy Note 7 devices. According to JPMorgan's Rod Hall, Apple is expected to report fourth-quarter revenue of $...
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JPMorgan Positive On Blackberry's Debt Reduction Moves
Monday, August 29, 2016 - 1:28pm | 210BlackBerry Ltd (NASDAQ: BBRY)'s announcement on Friday that it plans on partially paying off and partially refinancing its current convertible debt to reduce interest expenses is a smart move, at least according to Rod Hall of JPMorgan. As part of the debt reduction plan, BlackBerry will...
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JPMorgan's Rod Hall Cuts Apple Target To $105, Lowers Apple Watch Estimates By 50%
Thursday, June 16, 2016 - 3:05pm | 287JPMorgan's Rod Hall cut his Apple Inc. (NASDAQ: AAPL) Watch estimates by 50 percent and trimmed the price target by 16 percent. Hall slashed his Apple Watch shipment estimates for fiscal 2016 to 11.9 million units from 23.5 million, adding they see the wearable only penetrating 7 percent...
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JPMorgan Starts Arista Networks At Neutral Amid Pending Lawsuits
Friday, May 13, 2016 - 8:29am | 275Arista Networks Inc (NYSE: ANET) has exhibited strong execution and has market opportunities, JPMorgan’s Rod Hall said in a report. The analyst initiate coverage of Arista Networks with a Neutral rating and a price target of $67, citing risk arising from the upcoming August ITC ruling....
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Salesforce New Amazon Deal A 'Slight Negative' For Cisco
Thursday, May 12, 2016 - 9:27am | 266salesforce.com, inc. (NYSE: CRM) is building its new service based on the could computing facilities provided by Amazon.com, Inc. (NASDAQ: AMZN). JPMorgan’s Rod Hall mentioned that Salesforce’s decision marks “a notable shift for a company that generally has used its own...