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Lumentum's Optical Datapoint Momentum Grows, So JPMorgan Is Upgrading The Stock
Thursday, May 5, 2016 - 9:56am | 313Read More...Lumentum Holdings Inc (NASDAQ: LITE) should deliver higher revenue growth later this year on positive optical datapoint momentum, JPMorgan's Rod Hall said while upgrading the stock to Overweight from Neutral. According to Hall, Lumentum's optical component business "offers upside potential as 100G...
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With Dividend At Risk, JPMorgan Downgrades Seagate
Monday, May 2, 2016 - 1:00pm | 302Read More...Despite the negative pre-announcement, Seagate Technology PLC (NASDAQ: STX) reported weak FQ3 results, while guiding to an “even worse” FQ4. JPMorgan’s Rod Hall downgraded the rating on the company from Neutral to Underweight, while lowering the price target from $30 to $15....
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Don't Expect Apple Catalysts To Materialize Until Late Summer, Says JPMorgan
Wednesday, April 27, 2016 - 7:29am | 241Read More...Apple Inc. (NASDAQ: AAPL) reported weak quarterly results and announced soft guidance. JPMorgan’s Rod Hall reiterated an Overweight rating for the company, while reducing the price target from $141 to $125. The analyst mentioned that Apple’s performance is likely to have been expected...
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3 Apple Stories Circulating Before Earnings
Monday, April 25, 2016 - 1:29pm | 472Read More...The investors and the analysts are eagerly anticipating what Apple Inc. (NASDAQ: AAPL) will say in its second-quarter earnings report, which is set to be released on April 26. Before that, investors should look at three stories related to Apple circulating in the market. A Wall Street Journal...
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There's No Evidence iPhone Orders Have Been Cut: JPMorgan
Thursday, April 21, 2016 - 8:58am | 272Read More...Apple Inc. (NASDAQ: AAPL) iPhone build plans seem to have remained stable since early March. JPMogran’s Rod Hall maintained an Overweight rating for the company, with a price target of $141, saying that there was no evidence of order cuts, and iPhone SE was the main focus of FQ216. There...
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U.S. Tax Reform Could 'Easily' Boost Apple's EPS
Wednesday, April 20, 2016 - 7:36am | 294Read More...New rules issued recently by the U.S. Department of Treasury have generated many questions regarding their tax impact on Apple Inc. (NASDAQ: AAPL). JPMorgan’s Rod Hall maintained an Overweight rating for the company, with a $141 price target, saying the U.S. tax reform could have a “...
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Apple's Latest Fine In France Is Just 7.7 Hours Of Cash Flow Generation
Wednesday, April 6, 2016 - 10:01am | 184Read More...The French competition, consumer and fraud agency, the DGCCRF, is reportedly seeking a $55.3 million fine from Apple Inc. (NASDAQ: AAPL), saying that the company is maintaining unfair carrier contracts that grant it excessive control. The DGCCRF has reportedly asked Apple to remove ten clauses...
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JPMorgan Upgrades Cisco From Underweight To Neutral
Wednesday, April 6, 2016 - 9:33am | 283Read More...JPMorgan’s Rod Hall expects the conservative consensus forecasts for 2016 for Cisco Systems, Inc. (NASDAQ: CSCO) to offset the risk posed by Switching commoditization. The analyst upgraded the rating on the company from Underweight to Neutral, while raising the price target from $17.00 to $...
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Google Troubles, iPhone SE Surprises Both Bode Well For Apple
Friday, April 1, 2016 - 10:01am | 267Read More...On Friday, JPMorgan analysts Rod Hall and Ashwin Kesireddy issued a technology industry note highlighting Apple Inc. (NASDAQ: AAPL) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) after reports of Nest's (Alphabet's programmable thermostat) struggles in the market and anticipated demand for Apple's...
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A Curved Apple iPhone More Likely To Come In 2018: Does It Matter For Investors?
Tuesday, March 29, 2016 - 11:49am | 555Read More...Following Apple Inc. (NASDAQ: AAPL)'s March event, which was called "reasonably dull" by some analysts, the newest member of the iPhone line was met with moderate applause. The iPhone SE made news for being smaller, coming in at four inches, and boasting a generally-lower-than-anticipated price tag...
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Apple Almost Bought A Semiconductor Company But Didn't: Why Did It Fall Through?
Wednesday, March 23, 2016 - 11:44am | 383Read More...Apple Inc. (NASDAQ: AAPL) continues to make news in the semiconductor space, as JPMorgan's Rod Hall noted the company had been considering a purchase of Imagination Technologies LLC. Earlier this week, news broke that following a seven-month decline, Apple chip production is finally on the rise....
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JPMorgan Believes FBI 'Likely' Had Access Options To San Bernardino's iPhone That Would Bypass Its Security
Tuesday, March 22, 2016 - 9:22am | 319Read More...On Tuesday, JPMorgan issued a company note on Apple Inc. (NASDAQ: AAPL) amid the ongoing discussions between Apple and the FBI regarding the security encryption of iPhones and national security precautions. Currently, analysts at JPMorgan rate Apple as Overweight, while a price target is...
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Apple's Cloud Plans Could Be Bad For Cisco
Monday, March 21, 2016 - 12:21pm | 338Read More...Apple Inc. (NASDAQ: AAPL)'s "Project McQueen" has been underway over the past few months, as experts speculate on the expanse and implications of the project. It's supposed that the project is a venture into the cloud space, bolstered by hopes to become more self-reliant on...
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Apple: Everything You Need To Know Ahead Of Monday's Event
Monday, March 21, 2016 - 11:13am | 487Read More...Apple Inc. (NASDAQ: AAPL) is scheduled to hold an event Monday evening, one that in a strange move, is not open to investors. According to various rumor trackers such as MacRumors, 9to5Mac and Apple Insider, the move to exclude investors is unusual, and possibly attributable to a lack of faith...
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Apple Is Making A Rare Move With Its March 21 Event
Friday, March 11, 2016 - 9:04am | 263Read More...JPMorgan’s Rod Hall maintained an Overweight rating for Apple Inc (NASDAQ: AAPL) on expectations of the company announcing new iPhone and iPad models at its media event on March 21. In a rare move, Apple has invited only the media, and not investors, for the event at its Cupertino...
