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Infinera Benefits From Increasing Optical Demand, Piper Sandler Says In Upgrade
Thursday, April 2, 2020 - 2:09pm | 309The demand environment for optical equipment suppliers is improving, and Infinera Corp. (NASDAQ: INFN) has an impressive product pipeline, according to Piper Sandler. The Infinera Analyst Troy Jensen upgraded Infinera from Neutral to Overweight and with a $8.50 price target. The Infinera...
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Analysts: iRobot Will Struggle Due To Trade Issues, Increasing Competition
Wednesday, October 23, 2019 - 10:52am | 372Shares of iRobot Corporation (NASDAQ: IRBT) were trading lower Wednesday after the company narrowed its fiscal year 2019 revenue guidance from a range of $1.2-$1.25 billion to a range of $1.2-$1.21 billion and its operating income guidance from a range of $75-$100 million to $75-$80 million....
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Piper Jaffray Upgrades AeroVironment On Valuation, Growth Opportunities
Wednesday, October 16, 2019 - 11:56am | 341The recent pullback in AeroVironment, Inc’s (NASDAQ: AVAV) shares offers a “more compelling” entry point for investors, while the company has plans for various growth initiatives through fiscal 2020 and beyond, according to Piper Jaffray. The Analyst Piper Jaffray’s Troy...
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3D Systems Has Path To Sustainable Growth, Piper Jaffray Says In Upgrade
Tuesday, January 29, 2019 - 4:48pm | 401After nearly two years of alternating between Neutral and Underweight ratings, Piper Jaffray is now bullish on 3D Systems Corporation (NYSE: DDD) and said Tuesday that the company has a path toward sustainable growth. The Analyst Analyst Troy Jensen upgraded 3D Systems from Neutral to...
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3D Systems Gets A Lift From Piper Upgrade
Wednesday, October 24, 2018 - 1:34pm | 326The bearish case for 3D Systems Corporation (NYSE: DDD) can no longer be justified, according to Piper Jaffray. The Analyst Piper Jaffray's Troy Jensen upgraded 3D Systems from Underweight to Neutral with a price target lifted from $14 to $17. The Thesis 3D Systems is likely to benefit from...
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Roomba Maker iRobot No Longer A Buy After 2018 Rally, Tariff Worries, Piper Jaffray Says In Downgrade
Monday, October 8, 2018 - 9:35am | 459Shares of iRobot Corporation (NASDAQ: IRBT), the maker of the Roomba robot vacuum, remain well-positioned to dominate the sector, but the stock's "impressive move" higher in 2018 led Piper Jaffray to drop its bullish stance Monday. The Analyst Piper Jaffray's Troy...
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Piper Jaffray Raises Impinj Price Target After Strong Q2
Thursday, September 13, 2018 - 5:45pm | 360IMPINJ Inc (NASDAQ: PI) stock gained more than 30 percent Thursday following impressive earnings numbers and bullish comments from one Wall Street analyst. The Analyst Piper Jaffray analyst Troy Jensen reiterated an Overweight rating on Impinj and raised the price target from $26 to $31. The...
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Piper Jaffray Brightens On Finisar, Acacia Communications
Thursday, August 23, 2018 - 12:44pm | 621Raymond James downgraded Finisar Corporation (NASDAQ: FNSR) Wednesday, but Piper Jaffray has a different take and upgraded the optical name along with its peer Acacia Communications, Inc. (NASDAQ: ACIA). The Analyst Piper Jaffray's Troy Jensen upgraded Finisar from Neutral to...
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Applied Optoelectronics Faces Competitive Pressure, Piper Jaffray Says In Downgrade
Monday, January 29, 2018 - 1:56pm | 404Fiber optic company Applied Optoelectronics Inc (NASDAQ: AAOI) is in for a "brutal" year of competition as well as China's decision to source optical components in-house, according to Piper Jaffray. The Analyst Piper Jaffray analyst Troy Jensen downgraded shares of Applied...
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Piper Jaffray Downgrades Finisar; Apple Suppliers Down On iPhone X Production Concerns
Monday, January 29, 2018 - 11:54am | 684Finisar Corporation (NASDAQ: FNSR), a manufacturer of optical communication components and subsytems, has historically performed poorly during periods of margin compression, a Piper Jaffray analyst said in a Monday downgrade note. In reaction to the downgrade — and a Nikkei Asian...
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One Way To Play iPhone Momentum: Lumentum
Wednesday, September 13, 2017 - 10:34am | 683Among the companies thriving under Apple Inc. (NASDAQ: AAPL)'s shade is Lumentum Holdings Inc (NASDAQ: LITE), which makes 3D sensors among other things. The company is a manufacturer of optical and photonic products for the data communications, telecom, consumer and industrial markets as...
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Stratasys Outperforming In Its Space, Piper Jaffray Finds Shares 'Attractive' At These Levels
Tuesday, April 18, 2017 - 10:43am | 427Troy Jensen of Piper Jaffray upgraded shares of Stratasys, Ltd. (NASDAQ: SSYS) from Neutral to Overweight with a price target boosted to $28 from a previous $21 after conducting a survey with resellers. According to Jensen's survey of 15 Stratasys resellers, system demand for the 3D printing...
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Has 3D Systems Hit A Bottom? The Street Weighs In
Friday, August 7, 2015 - 10:44am | 614Shares of 3D Systems Corporation (NYSE: DDD) closed at $13.60 on Thursday, roughly $2 higher than its 52-week low of $11.66 which was established earlier in the week. The question investors are now asking is if shares hit a bottom and can only rise from its deflated levels after the company...
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F5 Networks Downgraded At Piper Jaffray; Stock Is Fairly Valued
Monday, June 29, 2015 - 11:02am | 254In a report published Monday, Piper Jaffray analyst Troy D. Jensen downgraded the rating on F5 Networks, Inc. (NASDAQ: FFIV) from Overweight to Neutral, while maintaining a $130 price target. The analyst believes that the stock is fairly valued at present. "We believe the most important variable...
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Piper Jaffray: Stratasys Shareholders Need 'Patience'
Wednesday, November 5, 2014 - 12:00pm | 209Stratasys, Ltd. (NASDAQ: SSYS) reported its third quarter results on Wednesday morning which featured a better-than-expected earnings per share and revenue beat. Shares of Stratasys have plunged 12 percent, likely due to the company's lowered earnings per share guidance for the full fiscal...