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What Does Wall Street Have To Say About Intel's Earnings Report?
Friday, July 28, 2017 - 1:49pm | 676Intel Corporation (NASDAQ: INTC)'s earnings beat on Thursday was compelling enough to send the stock higher by more than 1 percent on Friday. But what are Wall Street analysts saying about the stock that is still lower by more than 2 percent since the start of 2017? UBS: Data Center Improving, PC...
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Nvidia Will Maintain 'Dominant Market Share' Thanks To New Volta Chip
Thursday, May 18, 2017 - 4:17pm | 382UBS said Thursday that NVIDIA Corporation's (NASDAQ: NVDA) new Volta chip should protect its dominant market share against the Vega chip of rival Advanced Micro Devices, Inc. (NASDAQ: AMD) and raised its target price to $148, up from $135. Analyst Stephen Chin rates the stock a Buy after...
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Advanced Micro Devices Plummets Following Q1 Earnings: What Are Analysts Saying?
Tuesday, May 2, 2017 - 1:39pm | 894Advanced Micro Devices, Inc. (NASDAQ: AMD)'s earnings report on Monday sent shares plunging more than 17 percent on Tuesday. Here is a summary of what some of Wall Street's top analysts are saying after the print. Barclays: Company Needs To Smash Estimates Barclays' Blayne Curtis rates...
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Qualcomm's Future With Apple Remains Unclear
Monday, May 1, 2017 - 12:03pm | 459Apple Inc. (NASDAQ: AAPL)'s not-so-quiet dispute with QUALCOMM, Inc. (NASDAQ: QCOM) has created an uncertain outlook for Qualcomm, and even Wall Street's top analysts aren't sure when or if the conflict will be resolved. UBS UBS's Stephen Chin maintains a Neutral rating on Qualcomm's stock with an...
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What One Analyst Thinks Will Get Nvidia's Stock Going Again
Friday, April 7, 2017 - 2:18pm | 821NVIDIA Corporation (NASDAQ: NVDA) shares, which have had a scintillating run in 2016 gaining 229.7 percent over the year, are showing signs of slowing down. Stock Showing Despite the broader markets trading close to all-time highs, Nvidia has been on a consolidation mode for much of this year...
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Micron Begins Delivering Higher Cyclical Peaks
Friday, March 24, 2017 - 10:03am | 349Micron Technology, Inc. (NASDAQ: MU) guided to EPS of $1.50 for the May 2017 quarter, meaningfully beating the consensus expectations and representing among the biggest guidance beats in semis in 2017. UBS’ Stephen Chin maintained a Buy rating on the company, while raising the price target...
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Analysts Staying On The Sidelines On Cree Until Sales Return To 20% Growth
Wednesday, October 19, 2016 - 3:53pm | 318UBS said in a research note that it's keeping a Sell rating on the shares of Cree, Inc. (NASDAQ: CREE) until total sales growth returns to 20 percent to justify its current premium multiple of 42 times. 3Q Results Analyst Stephen Chin noted the company's September quarter results were in line with...
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Intel Remains A Show-Me Story Following Q3 Results
Wednesday, October 19, 2016 - 9:36am | 276Although Intel Corporation’s (NASDAQ: INTC) data center sales to cloud customers recorded healthy growth in Q3, the company’s data center sales to enterprises declined. The weak enterprise performance makes Intel “a show me story,” UBS’ Stephen Chin said in a report...
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Applied Materials' Multi-Dimensional Growth Story Is Playing Out
Saturday, August 20, 2016 - 5:20pm | 418UBS reiterated its Buy rating on Applied Materials, Inc. (NASDAQ: AMAT), as the company's strong semicap orders with foundry customers are just getting started and appear sustainable over the next year, while its OLED equipment orders offer long-term growth opportunity. "We believe Applied's view...
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Applied Materials Just Got Its Mojo Back
Friday, May 20, 2016 - 1:59pm | 506Stephen Chin of UBS maintains his Buy rating on Applied Materials, Inc. (NASDAQ: AMAT) as better-than-expected quarterly results and guidance gives the analyst "confidence the stock still has multiple ways to work." For the second quarter, the company reported adjusted EPS of $0.34 on revenue of $2...
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UBS: Time to Buy Applied Materials, Apple Could Drive Near-Term Upside
Thursday, April 14, 2016 - 9:42am | 342Expressing increased confidence in an EPS upside for Applied Materials, Inc. (NASDAQ: AMAT), UBS’ Stephen Chin mentioned that OLED equipment sales, foundry capex, higher opex leverage and high exposure to China’s semis capex could drive P/E multiple expansion for the stock The analyst...
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These Analysts Are Selling Marvell
Tuesday, October 27, 2015 - 10:20am | 535Marvell Technology Group Ltd. (NASDAQ: MRVL) shares have declined 45.4 percent year-to-date, with a 16 percent decline over the past trading day. UBS’ Stephen Chin has downgraded the rating on the company from Neutral to Sell, while lowering the price target from $9.10 to $6.00. Craig...
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The Bottom Is Nigh For Micron; Why UBS Is Buying
Monday, September 28, 2015 - 9:38am | 287Micron Technology, Inc (NASDAQ: MU) shares have declined steadily since the beginning of the year and are down 58 percent year-to-date. UBS analyst Stephen Chin maintained a Buy rating on the company, while reducing the price target from $25 to $20. Chin expects softness in the mobile...
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UBS Upgrades Texas Instruments To Buy And Asks: Can Revenue Beat The Street?
Monday, July 20, 2015 - 9:34am | 224In a report published Monday, UBS analyst Stephen Chin upgraded the rating on Texas Instruments Incorporated (NASDAQ: TXN) from Neutral to Buy, while maintaining the price target at $55. The analyst expects the company to report its Q2 results above the consensus forecasts. The analyst believes...
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(Most Of) The Pros Love Avago
Friday, May 29, 2015 - 11:59am | 757Avago Technologies Ltd (NASDAQ: AVGO) announced on Thursday its intention to acquire Broadcom Corporation (NASDAQ: BRCM) for $37 billion. Analyst reaction following the announcement was for the most part positive. Jefferies: Acquisition Creates $14 Of EPS Power Mark Lipacis of Jefferies...