Kaufman Brothers

Kaufman Brothers has recommended buying Skyworks Solutions, Inc. (NASDAQ: SWKS), increasing its price target from $15 to $16. The company is trading at $13.84 and Kaufman believes that there is an opportunity to outgrow the handset market. It also added that Skyworks can drive profitable growth,...

Kaufman Brothers retained its Hold rating for Akamai Technologies, Inc. (NASDAQ: AKAM) with a price target of $24. The stock was trading at $25.37 and Akamai has increased its 4Q09 guidance but reduced its long-term margin profile. Kaufman has revised its estimates for 4Q09 and noted that it...

Kaufman Brothers initiated coverage of Baidu, Inc. (ADR) (NASDAQ: BIDU) with a Hold rating. The stock was trading at $425.32 and Kaufman has given a price target of $470. Kaufman Brothers initiated coverage of Baidu, Inc. (ADR) (NASDAQ: BIDU) with a Hold rating. The stock was trading at $425.32...

Rackspace Hosting Inc (NYSE: RAX) has been upgraded to “buy” by Kaufman Brothers. The price target for RAX has been raised from $16.00 to $22.50. RAX posted robust results, with revenues of $162.4 million and EBITDA of $51.4 million exceeding the estimates and the consensus. Kaufman Brothers...

Kaufman Brothers raised its price target on Yahoo! (Nasdaq: YHOO) from $15 to $19, but maintained its Hold rating.. Yahoo is currently trading in the $17 range, offering 8% upside. Kaufman said its checks indicated that the online display market gained strength this past quarter.