-
Apple's iPhone 16 Cycle Faces Headwinds: Analyst Warns Of Weaker Demand, Macro Pressures, Potential Early Production Cuts
Tuesday, October 1, 2024 - 3:02pm | 547Barclays analyst Tim Long maintained an Underweight rating on Apple Inc (NASDAQ:AAPL) with a price target of $186. Long noted there was much news about increased iPhone builds in early July, a few weeks after the introduction of Apple Intelligence. Based on the analyst’s recent supply chain...
-
Apple's iPhone 15 Pro Max May Hit Your Wallet Hard With $1,299 Price Tag
Thursday, July 27, 2023 - 2:03am | 656Apple Inc.’s (NASDAQ:AAPL) highly anticipated iPhone 15 Pro Max may come with a significantly higher price tag, with analysts suggesting it could reach up to $1,299. What Happened: According to Tim Long, an analyst at British bank Barclays, Apple...
-
Switch Analysts Bullish After Q4 Print Despite Muted 2019 Forecast
Wednesday, March 13, 2019 - 4:19pm | 460Data center operator Switch Inc (NYSE: SWCH) reported Tuesday after the market close with forecast-beating fourth-quarter earnings, but issued below-consensus revenue guidance for fiscal 2019. The Analysts BMO Capital Markets analyst Tim Long maintained an Outperform rating on Switch...
-
The Street Debates What To Do With HP After Post-Earnings Plunge
Thursday, February 28, 2019 - 3:50pm | 854HP Inc (NYSE: HPQ) reported Wednesday with fiscal first-quarter results that matched expectations on the earnings line. Revenue for the reported quarter fell short of expectations, and management's outlook is viewed by some as overly pessimistic. The following is a roundup of how some HP...
-
3 Reasons Why BMO Thinks Nokia Will Outperform
Friday, January 4, 2019 - 12:20pm | 395Telecom company Nokia Oyj (NYSE: NOK) is likely to take advantage of three catalysts in 2019 and beyond that offer investors an attractive entry point, according to BMO Capital Markets. The Analyst Analyst Tim Long upgraded Nokia from Market Perform to Outperform with a price target...
-
The Street Debates BlackBerry's Q3 Earnings
Friday, December 21, 2018 - 12:47pm | 558BlackBerry Ltd (NYSE: BB) reported Thursday its third-quarter results, which came in ahead of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Bank Of America's Daniel Bartus maintains an Underperform rating on BlackBerry with a...
-
A Bullish Sell-Side Reacts To Pure Storage's Q3
Tuesday, November 20, 2018 - 12:57pm | 662Flash storage company Pure Storage Inc (NYSE: PSTG) reported third-quarter results Monday and announced a new suite of cloud offerings. Here's how the Street reacted to the print. The Analysts Bank of America Merrill Lynch's Wamsi Mohan maintains a Buy rating on Pure Storage...
-
Cisco's Post-Earnings Gain Mirrors Positive Wall Street Commentary
Thursday, November 15, 2018 - 3:42pm | 708Cisco Systems, Inc. (NASDAQ: CSCO) stock is trading higher Thursday after the company reported better-than-expected first-quarter earnings and revenue driven by strength in its core Infrastructure Platforms segment. Cisco also issued guidance that was in-line with expectations. The stock was up...
-
The Street Debates Qualcomm's Q3
Thursday, November 8, 2018 - 4:21pm | 611Chipmaker Qualcomm, Inc. (NASDAQ: QCOM) reported Wednesday with fiscal fourth-quarter results that arrived better than expected, but the Q1 guidance disappointed. Here's how three Street analysts covering the stock reacted. The Analyst Canaccord Genuity's T. Michael Walkley...
-
Hewlett Packard Enterprise Posts Q3 Beat: The Sell-Side Reacts
Wednesday, August 29, 2018 - 2:39pm | 476Hewlett Packard Enterprise Co. (NYSE: HPE) reported strong third-quarter earnings after the close Tuesday, sending shares higher by more than 2 percent in aftermarket trading. The Analysts Morgan Stanley analyst Katy Huberty maintained an Overweight rating on Hewlett Packard with a $21 price...
-
Juniper's Cloud 'Stall' Prompts BMO Downgrade
Friday, July 27, 2018 - 10:39am | 381Juniper Networks, Inc. (NYSE: JNPR) reported preliminary second-quarter earnings Thursday and third-quarter guidance that signals a "stall" in the cloud business, according to BMO Capital Markets. The Analyst Analyst Tim Long downgraded Juniper Networks from...
-
Apple Gets A Price Target Raise, But Analyst Sees Challenges Ahead
Monday, July 23, 2018 - 9:46am | 383Apple, Inc. (NASDAQ: AAPL) is expected to report earnings July 31. One analyst got more bullish on Apple's stock, but believes its third-quarter guidance may disappoint the market. The Analyst BMO Capital Markets analyst Tim Long reiterated his Market Perform rating for Apple, but raised his...
-
Switch Drops 15% After Q4 Print, But Two Sell-Side Firms Stick With Bullish Stories
Tuesday, April 3, 2018 - 3:11pm | 553Shares of Switch Inc (NYSE: SWCH) lost more than 15 percent Tuesday morning and hit a new all-time low of $13.24 in reaction to the company's fourth-quarter earnings report. Nevertheless, BMO Capital Markets and Credit Suisse continue to see the bullish case for Switch's stock. The...
-
BlackBerry Reports 'Strong' Q4, But 2019 Guidance Is Limited, Says BMO
Thursday, March 29, 2018 - 12:44pm | 328BlackBerry Ltd (NYSE: BB)'s fourth-quarter earnings report was highlighted by a top-and-bottom-line beat, but a BMO Capital Markets analyst has some concerns with management's "limited" guidance. The Analyst BMO Capital Markets' Tim Long maintains a Market Perform rating on...
-
The Sell-Side Reacts To Hewlett Packard Enterprise's Q1 Print
Friday, February 23, 2018 - 11:30am | 759Hewlett Packard Enterprise Co (NYSE: HPE) reported fiscal first-quarter results after the close Thursday, sending shares higher by more than 10 percent. Here's a recap of what some of the Street's top analysts are saying after the print. Ratings, Price Target Changes BMO Capital...