-
'Intel On A Tear,' Says Analyst As Stock Jumps Over 7% On Thursday Amid 18A Process Node Optimism
Friday, February 14, 2025 - 5:05am | 1001Intel Corp. (NASDAQ:INTC) shares have seen a significant surge, climbing 24.70% in the past five days and 20.59% since the company’s fourth-quarter earnings release on Jan. 3rd. This analyst has dismissed negative speculation surrounding the stock, pointing to strong fundamentals and saying...
-
Will Lattice Semiconductor Continue Facing Soft Demand? 4 Analysts Examine Q4 Outlook
Tuesday, February 13, 2024 - 12:52pm | 570Shares of Lattice Semiconductor Corp (NASDAQ: LSCC) recovered slightly in early trading on Tuesday, after the company reported mixed results for the fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. KeyBanc Capital Markets...
-
6 Advanced Micro Devices Analysts On Q4 Results: 'Relief To Investors'
Wednesday, February 1, 2023 - 11:27am | 682Shares of Advanced Micro Devices, Inc (NASDAQ: AMD) gained after the company released its fourth-quarter results and several analysts raised their price targets for the stock. Credit Suisse on Advanced Micro Devices Analyst Chris Caso reiterated an Outperform rating, while raising the price target...
-
Baird Upgrades ON Semiconductor On Operating Margin Catalysts, Valuation
Tuesday, May 4, 2021 - 5:54pm | 222The current upcycle is likely to continue in 2022, facilitating ON Semiconductor Corp’s (NASDAQ: ON) mix improvement initiatives, according to Baird. The ON Semiconductor Analyst: Tristan Gerra upgraded the rating for ON Semiconductor to Outperform, while raising the price target from $38 to...
-
Qualcomm 'At The Center' Of 5G Revolution, Baird Says
Wednesday, December 23, 2020 - 2:05pm | 289Qualcomm, Inc. (NASDAQ: QCOM) is well positioned to take advantage of the 5G revolution in 2021 and beyond, according to Baird. The Qualcomm Analyst: Tristan Gerra initiated coverage of Qualcomm's stock with an Outperform rating and $200 price target. The Qualcomm Thesis: Qualcomm is "at...
-
Baird: Broadcom Lowers Full-Year Revenue Outlook On High Channel Inventory
Monday, June 17, 2019 - 12:57pm | 333Broadcom Inc (NASDAQ: AVGO) lowered its full-year revenue guidance, dispelling hopes of a recovery in the back half of the year, according to Baird. The Analyst Tristan Gerra maintained an Outperform rating on Broadcom and reduced the price target from $300 to $280. The Thesis Earlier in 2019...
-
Analysts: Huawei Export Ban To Drag Skyworks In 2019, Beyond
Wednesday, June 5, 2019 - 3:38pm | 538Skyworks Solutions Inc (NASDAQ: SWKS) lowered its fiscal third-quarter revenue guidance Tuesday, citing the impact from export restrictions imposed by the Commerce Department on Huawei. The Analysts KeyBanc Capital Markets analyst John Vinh maintained his Sector Weight rating on the shares of...
-
Analysts See Western Digital Nearing A Bottom After Disappointing Q2 Results, Guidance
Friday, January 25, 2019 - 11:24am | 708Storage device manufacturer Western Digital Corp (NASDAQ: WDC) reported Thursday after the market close with second-quarter results that trailed expectations and issued below-consensus Q3 guidance. The Analysts Baird analyst Tristan Gerra maintained an Outperform rating on Western Digital...
-
Intel Analysts Debate: Should Investors Buy The Dip?
Friday, January 25, 2019 - 10:20am | 892Intel Corporation (NASDAQ: INTC) reported mixed fourth-quarter results, which fell short of expectations on the revenue line while management's first-quarter revenue guidance also fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print....
-
Baird Downgrades AMD: 'Expectations And Valuation Are High'
Monday, October 1, 2018 - 11:00am | 454Advanced Micro Devices, Inc. (NASDAQ: AMD) shares have jumped over 200 percent year-to-date, and a sell-side analyst said Monday that much of the good news is already priced into the shares. The Analyst Baird analyst Tristan Gerra downgraded AMD from Outperform to Neutral and raised the...
-
Broadcom Is Baird's New Top Large-Cap Semi Pick
Friday, September 7, 2018 - 10:52am | 433Broadcom Inc (NASDAQ: AVGO) reported 13-percent year-over-year third-quarter revenue growth and a 21-percent increase in non-GAAP earnings per share on Thursday. The revenue was roughly in line with estimates, while the bottom line exceeded expectations. The company issued in-line...
-
Baird Cuts Micron Price Target On Softening Memory Market
Thursday, September 6, 2018 - 2:23pm | 390The NAND and DRAM markets are showing signs of weakness, and one Wall Street analyst is dialing back his bullish outlook for Micron Technology, Inc. (NASDAQ: MU). The Analyst Baird analyst Tristan Gerra reiterated an Outperform rating on Micron, but removed the stock as a large-cap top...
-
Xilinx Notches Baird Upgrade As 5G Demand Accelerates
Tuesday, August 28, 2018 - 12:31pm | 415Demand for Xilinx, Inc. (NASDAQ: XLNX)'s field programmable gate arrays, or FGPAs, is perking up, prompting Baird to upgrade the stock. The Analyst Analyst Tristan Gerra upgraded Xilinx from Neutral to Outperform and increased the price target from $71 to $90. The Thesis The 5G...
-
Micron's Latest Earnings Call Was A 'Body Blow To The Bears': Analysts Weigh In
Thursday, June 21, 2018 - 2:34pm | 483Micron Technology, Inc. (NASDAQ: MU) stock was trading 2.5 percent higher Thursday afternoon following a slew of bullish ratings from Wall Street. The company posted a third-quarter earnings beat and guidance for the fourth quarter above consensus estimates. The Street Weighs In Despite...
-
AMD Traders Take Profits As Company Unveils Next-Gen Product Plans
Thursday, June 7, 2018 - 11:28am | 400Advanced Micro Devices, Inc. (NASDAQ: AMD) stock traded lower Thursday morning as investors took profits following the company’s unveiling of its next-generation CPU and GPU products at the Computex 2018 conference. What Happened On Wednesday, AMD unveiled the highly anticipated 7nm...