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Wall Street Weighs In On Apple's Mixed Quarter
Friday, February 2, 2018 - 1:56pm | 516Apple Inc. (NASDAQ: AAPL) shares were down 2.7 percent Friday after the company’s first-quarter earnings report received mixed reviews from the market. A number of Wall Street analysts weighed in following the report. Voices From The Street Bank of America analyst Wamsi Mohan said Apple...
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Western Digital Downgraded, BMO Says Shares Are Range-Bound
Thursday, January 4, 2018 - 4:36pm | 402Western Digital Corp (NASDAQ: WDC) shares could be range-bound in the near-term, according to BMO Capital Markets, prompting a downgrade from the research firm. The Analyst BMO Capital Markets analyst Tim Long downgraded shares of Western Digital from Outperform to Market Perform and...
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Despite BlackBerry's Q3 Beat, Analyst Urges Caution
Thursday, December 21, 2017 - 12:00pm | 345BlackBerry Ltd (NYSE: BB) impressed investors with its earnings report, but some Wall Street analysts aren't ready to turn too bullish just yet. The Analyst BMO Capital Markets' Tim Long maintains a Market Perform rating on BlackBerry's stock with a price target boosted from $10 to $...
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An (Almost) Bear-Free Zone: Wall Street Reacts To Cisco's Earnings
Thursday, November 16, 2017 - 3:59pm | 991Cisco Systems, Inc. (NASDAQ: CSCO)'s fiscal first quarter earnings and outlook were strong enough to push the stock to a new multiyear high. Here's what some of Wall Street's top analysts are saying after the print: Barclays: The Positives And Negatives Barclays' Mark Moskowitz...
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NetApp Poised For 'Continued Outperformance'; BMO Upgrades
Thursday, November 16, 2017 - 12:48pm | 408NetApp Inc. (NASDAQ: NTAP) impressed investors with its third quarter earnings, with nearly every reported metric exceeding Street expectations. The Analyst BMO Capital Markets' Tim Long upgraded NetApp's stock from Market Perform to Outperform with a price target boosted...
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Switch Impresses BMO With First Quarterly Report: 'A Long Runway For Future Growth'
Tuesday, November 14, 2017 - 5:12pm | 395Switch Inc (NYSE: SWCH) has impressed Wall Street firms with its first quarterly report as a public company. Investors, though, apparently are unimpressed and bid down its stock. The Analyst BMO Capital Markets analyst Tim Long reiterated his Outperform rating on the shares of...
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4 Analysts Issue Their First Research Notes On Switch
Tuesday, October 31, 2017 - 2:35pm | 813Some of Wall Street's top analysts issued their first research reports on Switch Inc (NYSE: SWCH), a technology infrastructure that develops and operates data center facilities. The stock gained more than 20 percent on its first day of trading on Oct. 9. Goldman Sachs: Premium Business But Premium...
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Western Digital's Q4: Where It Impressed, Where It Disappointed
Friday, July 28, 2017 - 11:53am | 370Western Digital Corp (NASDAQ: WDC)'s fiscal fourth-quarter earnings report contained a mixture of good and bad. While investors are focusing on the bad based on the stock's heavy selloff on Friday, BMO Capital Markets' Tim Long maintains an Outperform rating on Western Digital's stock with an...
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BMO Previews Apple Earnings: 'OLED On Time But Limited'
Monday, July 24, 2017 - 11:20am | 565Breaking from the view held by many other Apple Inc. (NASDAQ: AAPL) analyst, BMO Capital Markets’ Tim Long believes that the iPhone 8 will ship on time in September, although in limited supply, rather than be delayed until October. Long reiterated an Outperform rating and $170 price target. A...
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HP Inc Impresses In Q2, But Concerns Remain
Thursday, May 25, 2017 - 2:49pm | 429Reviewing HP Inc (NYSE: HPQ)'s second-quarter results, BMO Capital Markets said the results were impressive, although it cautioned that concerns remain. Mostly Positive Q2 Results Analyst Tim Long noted that the second-quarter results were mostly positive, with revenue growth at both segments...
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Historical Precedent Makes The Case For Another 10% Upside In Apple Shares
Wednesday, May 17, 2017 - 12:57pm | 306Shares of Apple Inc. (NASDAQ: AAPL) were trading lower by 2 percent Wednesday amid an overall market selloff. BMO Capital Markets' Tim Long isn't worried and now sees upside in the stock to $170 per share. Long maintained an Outperform rating on Apple's stock with a price target boosted...
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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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Here's How Wall Street Investors, Analysts Felt About Apple's Q1 Earnings
Thursday, February 2, 2017 - 10:32am | 671The strong first-quarter results made Apple Inc. (NASDAQ: AAPL) sweet again for investors, with several points to cheer — including return of iPhone growth and continued solid performance in the services unit. Apple reported 78.3 million in sales of iPhone units for the quarter ended December...
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Apple's Services Is Now An Important Part Of Investors' Conversation
Wednesday, February 1, 2017 - 12:58pm | 293Apple Inc. (NASDAQ: AAPL) gained around 5 percent after the company's first quarter earnings consisted of a top and bottom line beat along with record iPhone sales. Perhaps flying a bit under the radar is Apple's growth in the Services segment, which is becoming a bigger part of the...
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Western Digital Delivers Across The Board Beat; How Is It Better Than Seagate?
Thursday, January 26, 2017 - 2:45pm | 483Western Digital Corp (NASDAQ: WDC) is reaping the rewards of its SanDisk acquisition that not only helped the storage company deliver a blow-out quarter and solid guidance, but also keeps it a touch ahead of rival Seagate Technology PLC (NASDAQ: STX). Western Digital has acquired SanDisk in May...