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Zuckerberg Will Continue To Pour Money Into The Metaverse — But Where's The 'Magic' In The Company's Metaverse Products Today?
Friday, November 11, 2022 - 9:29am | 1238Meta Platforms (NASDAQ: META) has seen better days. As the company steps once again into defense mode over a massive wave of layoffs, all eyes turn to CEO Mark Zuckerberg and his hopes to replicate Facebook’s Web 2 success by developing an early version of the metaverse. Several issues...
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Facebook Parent's Bug-Riddled 'Horizon Worlds' Metaverse App Shunned By Its Own Development Team
Friday, October 7, 2022 - 9:58am | 489Meta Platforms Inc's (NASDAQ: META) “Horizon Worlds” Metaverse application isn’t reportedly getting much love from the company’s employees. What Happened: Meta's vice president of Metaverse, Vishal Shah, said in an internal memo, dated...
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Deutsche Bank: 3 Reasons To Remain Bullish On First Solar
Monday, February 26, 2018 - 1:54pm | 303First Solar, Inc. (NASDAQ: FSLR) shares sold off Friday despite a bottom-line quarterly beat and increase in annual guidance — but Deutsche Bank is still buying. The Rating Analyst Vishal Shah maintained a Buy rating on First Solar with a $75 price target. The Thesis Deutsche Bank...
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4 Reasons Deutsche Bank Upgraded First Solar
Friday, September 15, 2017 - 9:11am | 322Between successful product development and a favorable regulatory environment, First Solar, Inc. (NASDAQ: FSLR) is in a good place, according to Deutsche Bank. Analyst Vishal Shah upgraded the solar power firm to a Buy Friday and raised his price target from $50 to $65. What’s Going Well?...
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Soft Lighting: Demand Issues Highlighted In Cree's Earnings, Mixed Guidance
Wednesday, August 23, 2017 - 11:04am | 535Following the release of fiscal fourth-quarter results by Cree, Inc. (NASDAQ: CREE), sell side highlighted the softness in lighting demand. The company reported solid results but issued weak first-quarter guidance. As such, KeyBanc Capital Markets said it remains Sector Weight on Cree, with the...
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Sun Sets On Near-Term Catalysts For Vivint Solar, Deutsche Bank Downgrades
Wednesday, August 9, 2017 - 9:58am | 377Patient Vivint Solar Inc (NYSE: VSLR) investors may eventually be rewarded by the long-term benefits of some of the recent strategic sales initiatives the company has undertaken. However, not all investors have that kind of patience. Vivint shares plummeted 10 percent on Wednesday morning after the...
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Axiom's Gordon Johnson, Noted Solar Bear, Upgrades First Solar To Buy
Wednesday, July 19, 2017 - 9:49am | 601After last week’s Intersolar Conference, Axiom's Gordon Johnson expects First Solar, Inc.'s (NASDAQ: FSLR) Q2 earnings to “dazzle." “We are hearing that First Solar is delaying the ramp up of its Series 6 technology, and instead focusing on ramping back up its Series...
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First Solar Guidance Looks Bad, But Investor Sentiment May Have Already Bottomed
Thursday, November 17, 2016 - 1:37pm | 304First Solar, Inc. (NASDAQ: FSLR) announced will slash around 27 percent of its global workforce and now expects its 2017 sales to fall well short of Wall Street's estimates. The stock hit a 52-week low of $28.60, but recovered more than $3 per share as investors felt the initial selloff of...
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Deutsche Bank Downgrades SunPower, Sees Challenging U.S. Utility Market In 2017
Wednesday, August 10, 2016 - 10:11am | 332Deutsche Bank downgraded SunPower Corporation (NASDAQ: SPWR) to Hold after the solar panel maker said it expects to report a loss in 2016, cut its adjusted revenue forecast, and announced 1,200 layoffs. The extension of federal tax credits beyond 2016 and lower prices of power purchase...
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Deutsche Analysts Wonder If First Solar's Earnings Will Run Out Of Power In 2017
Wednesday, August 3, 2016 - 3:39pm | 325Deutsche Bank remains cautious on the earnings power of First Solar, Inc. (NASDAQ: FSLR) beyond 2016 as its latest channel checks show continued soft fundamentals and pricing pressure in US and international markets. "[W]e expect margin pressure in 2017/18 timeframe due to aggressive...
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First Solar Shares Tumble After Deutsche Bank Slashes Price Target By 45%
Thursday, July 7, 2016 - 8:52am | 336Shares of First Solar, Inc. (NASDAQ: FSLR) fell 3.66 percent in the Thursday's pre-market hours after Deutsche Bank downgraded the stock to Hold from Buy and cut EPS estimates for 2017 and 2018. The analyst also slashed the price target from $80 to $44. Analyst Vishal Shah attributed the...
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Palo Alto Networks Downgraded To Hold By Deutsche Bank Amid Increasing Headwinds
Friday, May 27, 2016 - 11:07am | 177Deutsche Bank's Vishal Shah downgraded Palo Alto Networks Inc (NYSE: PANW) to Hold, while lowering his price target considerably from $210 to $150. The company has been successful with macro demand pressure that others have cited. However, for the first time in over three quarters, Palo Alto...
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Sky-High Solar: Vivint Up 30% After Deutsche Bank Upgrades To Buy, PT $7.50
Friday, May 27, 2016 - 10:41am | 324Shares of Vivint Solar Inc (NYSE: VSLR) surged +29 percent after Deutsche Bank upgraded the stock to Buy from Hold, saying that its power co-valuation exercise suggests considerable upside for the solar company. The brokerage also raised its price target on the stock to $7.50 from $3.50. The new...
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Trina Solar's Worsening Outlook; Deutsche Bank Downgrades To Hold
Friday, May 27, 2016 - 8:44am | 223Deutsche Bank's Vishal Shah has downgraded Trina Solar Limited (ADR) (NYSE: TSL) to Hold and lowered his price target from $11.00 to $9.00. Shah said Trina Solar is "executing well in a robust demand environment in the US and China. However, with outlook for H2 China market worsening, we expect...
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SolarCity Financing Concerns 'Alleviating,' Deutsche Bank Says
Tuesday, April 12, 2016 - 11:02am | 261SolarCity Corp (NASDAQ: SCTY) has announced a number of tax equity transactions. Deutsche Bank’s Vishal Shah reiterated a Buy rating for the company, with a price target of $49. The analyst expects SolarCity to announce additional transactions over the next few months, which should lend...