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Calls of Note: The Research Notes Moving The Market This Monday
Monday, August 17, 2015 - 1:09pm | 1211Read More...The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Pacific Crest: It's ‘OK' Apple iPhone Units Might Decline Next Year Andy Hargreaves of Pacific Crest believes that Apple Inc. (NASDAQ: AAPL) will...
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Summit's Sundararajan On Micron: 'Time And Samsung Wait For No-One'
Monday, August 17, 2015 - 12:02pm | 363Read More...In a report published Monday, Summit Research analyst Srini Sundararajan maintained a Buy rating on shares of Micron Technology, Inc. (NASDAQ: MU) with a price target slashed to $25 from a previous $30 following the company's "ho-hum" Analyst Day presentation. According to...
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Summit Research: Sell NetApp
Monday, August 17, 2015 - 9:38am | 201Read More...In a report published Monday, Summit Research analyst Srini Nandury downgraded the rating on NetApp Inc. (NASDAQ: NTAP) from Hold to Sell, while reducing the price target from $32 to $28. The analyst said that the company's revenue growth was likely to "remain elusive" for "an extended period."...
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Summit's Sundararajan: Now We Know Tsinghua-Micron Bid Is 'Real And Credible'
Friday, August 14, 2015 - 7:48am | 263Read More...In a report published Friday, Summit Research analyst Srini Sundararajan maintained a Buy rating on Micron Technology, Inc. (NASDAQ: MU) with a price target of $34, saying that Senator Chuck Schumer's objection to Chinese government-controlled Tsinghua-Unigroup's offer indicated that the deal was "...
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Alibaba's Investment In Suning Is A Move To Challenge JD.com's Leadership In Consumer Electronics
Tuesday, August 11, 2015 - 12:29pm | 370Read More...Alibaba Group Holding Ltd (NYSE: BABA) reported on Monday that it will be acquiring a minority stake (about 20 percent) in brick and mortar retailer Suning for $4.5 billion. Suning operates several electronic stores across China. Henry Guo, managing director and senior research analyst at...
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Will Alibaba's Stock Hit Triple Digits Once Again?
Monday, August 10, 2015 - 10:36am | 478Read More...Shares of Alibaba Group Holding Ltd (NYSE: BABA) peaked at $120.00 last November and have been trading below the $100-mark for most of 2015. As investors anxiously await for its first-quarter results on Wednesday, the question remains when (or if) shares will once again trade in the triple-digits...
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Why Margins Are In Focus For Alibaba's Earnings
Monday, August 10, 2015 - 8:02am | 277Read More...In a report published Sunday, Summit Research analyst Henry Guo previewed Alibaba Group Holding Ltd (NYSE: BABA)'s June quarter results (scheduled for August 12 before market open), noting that Street expectations for 34 percent year-over-year revenue growth is "achievable" and the...
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Summit's Sundararajan: Apple Bears May Be Wrong
Thursday, August 6, 2015 - 10:34am | 423Read More...In a report published Thursday, Summit Research analyst Srini Sundararajan mentioned that Apple Inc. (NASDAQ: AAPL) bears could be wrong and that semiconductor used in the next version of the iPhone was expected to be significantly superior to the current iPhone 6. Also, the analyst believes...
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Baidu Analysts Mostly Positive Heading Into Earnings; Mobile Search Monetization In Focus
Monday, July 27, 2015 - 12:59pm | 812Read More...Baidu Inc (ADR) (NASDAQ: BIDU) is scheduled to report its second quarter results after Monday's market close. The Estimize community (based on 62 estimates) is calling for the company to earn $1.85 per share on revenue of $2.629 billion. This compares to the Wall Street consensus estimate...
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SanDisk Analysts Sees Both Risk And Upside Heading Into Earnings
Wednesday, July 22, 2015 - 3:30pm | 872Read More...SanDisk Corporation (NASDAQ: SNDK) is scheduled to report its second quarter results after Wednesday's market close. Estimize is calling for the company to earn $0.36 per share (based on 28 estimates) in the quarter on revenue of $1.198 billion. This compares to the Wall Street consensus...
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What's The Deal With Semiconductors Now? Summit's Sundararajan Digs Into The Sector
Friday, July 17, 2015 - 8:08am | 635Read More...In a report published Thursday, Summit Research analyst Srini Sundararajan reviewed companies that have reported earnings in the Semiconductor space and commented on key takeaways from Analyst Meetings. Intel: Looking Cash Strapped? Sundararajan noted that Intel Corporation (NASDAQ: INTC)...
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Are Intel's Biggest Analysts Bullish?
Wednesday, July 15, 2015 - 2:14pm | 547Read More...Intel Corporation (NASDAQ: INTC) is scheduled to report its second quarter results after market close on Wednesday. Estimize, the crowd-sourced earnings and economic rating site, is estimating Intel will earn $0.52 in the second quarter on revenue of $13.243 billion. This compares to the Wall...
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Thoughts On Reported Micron Bid From The Analyst Who Predicted It First
Tuesday, July 14, 2015 - 2:40pm | 1008Read More...Reuters reported early Tuesday morning that China's state-backed Unigroup Ltd. was preparing to bid for Micron Technology, Inc. (NASDAQ: MU). The firm, according to Reuters, will offer $23 billion – equivalent to $21 per share and a 19.3 percent premium on Micron's trading price at the time...
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Summit Research Discusses Alibaba's 'Last Mile' Strategy
Tuesday, July 14, 2015 - 11:26am | 294Read More...In a report published Monday, Summit Research analyst Henry Guo analyzed Alibaba Group Holding Ltd (NYSE: BABA)'s "last mile" strategy in which the company deploys "Cainiao Pick-Up Stations" to increase its geographical presence and improve its logistical efficiency. After making a purchase on...
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Barracuda Is Falling 20%, But These Analysts Are Still Bullish
Friday, July 10, 2015 - 12:25pm | 640Read More...Shares of Barracuda Networks Inc (NYSE: CUDA) plunged more than 20 percent Friday after the company reported its first quarter results on Thursday. Here are what some of Wall Street's top analysts are saying. Morgan Stanley: Buy The Pullback Melissa Gorham of Morgan Stanley commented in...
