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iPhone Momentum, China On Apple Analysts' Minds Heading Into Tuesday's Report
Monday, July 20, 2015 - 2:20pm | 931Read More...Apple Inc. (NASDAQ: AAPL) is scheduled to report its third quarter results after Tuesday's market close. Estimize, the crowd-sourced earnings and economic rating platform is expecting the company to earn $1.86 per share in the quarter on revenue of $49.346 billion. This compares to the Wall Street...
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IBM: Here's What Analysts Are Saying Ahead Of Monday's Report
Monday, July 20, 2015 - 12:10pm | 785Read More...International Business Machines Corp. (NYSE: IBM) is scheduled to report its second quarter results after Monday's closing bell. Estimize is expecting the company (based on 104 estimates) to earn $3.80 per share on revenue of $20.970 billion. This compares to the Wall Street consensus...
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Credit Suisse Sees Apple At $145; Predicts iPhone Growth Hit 60% Last Quarter
Wednesday, July 8, 2015 - 7:21am | 250Read More...In a report published Wednesday, Credit Suisse analyst Kulbinder Garcha reiterated an Outperform rating and $145 price target on Apple Inc. (NASDAQ: AAPL). Data points suggest continuing strength in iPhone volume and mix in the near term. "We continue to believe that the market underestimates the...
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Analysts Hesitant On BlackBerry Following Weak Earnings
Wednesday, June 24, 2015 - 4:17pm | 547Read More...BlackBerry Ltd (NASDAQ: BBRY) released weaker-than-expected Q1 earnings on Monday, prompting a dip in the company's stock. Nevertheless, there were a few bright spots in the report, including positive signs for the tech firm's software business. The mixed signals have analysts on the...
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Credit Suisse: Arista Networks Still A Buy
Thursday, June 4, 2015 - 10:05am | 305Read More...In a report published Thursday, Credit Suisse analyst Kulbinder Garcha reiterated an Outperform rating and price target of $90 on Arista Networks Inc (NYSE: ANET). The analyst believes that Arista possess the best secular growth opportunity among its peers in the IT Hardware and Networking segment...
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Credit Suisse Provides The Case For And Against IBM Acquiring Salesforce
Thursday, April 30, 2015 - 11:33am | 337Read More...In a report published Wednesday, Credit Suisse analyst Kulbinder Garcha presented the case for and against International Business Machines Corp. (NYSE: IBM) acquiring salesforce.com, inc. (NYSE: CRM) Garcha argued that IBM's strategy for resuming growth and value creation lies within the...
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BlackBerry Continues To Struggle And Credit Suisse Thinks It's Time To Break Up The Company
Monday, March 30, 2015 - 10:08am | 193Read More...Credit Suisse on Monday issued a report on BlackBerry Ltd (NASDAQ: BBRY) after the company last week reported revenues that missed analyst expectations. Credit Suisse rates Blackberry as Underperform with a $6 price target. Analysts Kulbinder Garcha and Achal Sultania wrote, "BlackBerry...
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Credit Suisse Lowers PC Numbers For Hewlett-Packard
Monday, March 16, 2015 - 7:59am | 94Read More...In a report published Monday, Credit Suisse analyst Kulbinder Garcha reiterated an Outperform rating and $45.00 price target on Hewlett-Packard Company (NYSE: HPQ). In the report, Credit Suisse noted, "We reduce HP's PC numbers to reflect weaker than expected CY2015 global PC forecasts. This lowers...
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Credit Suisse Sees Challenges Ahead for NetApp Following Muted F3Q15 Revenue/EPS
Thursday, February 12, 2015 - 9:12am | 156Read More...In a report published Thursday, Credit Suisse analyst Kulbinder Garcha reiterated a Neutral rating and $40.00 price target on NetApp (NASDAQ: NTAP). In the report, Credit Suisse noted, "NetApp delivered anemic F3Q15 revenue/EPS of $1.55bn/$0.75, short of our and consensus estimates of $1.63bn/$0.78...
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Credit Suisse Sees Solid Execution, Confident Tone From Cisco Systems
Thursday, February 12, 2015 - 8:55am | 141Read More...In a report published Thursday, Credit Suisse analyst Kulbinder Garcha reiterated an Underperform rating and $20.00 price target on Cisco Systems (NASDAQ: CSCO). In the report, Credit Suisse noted, "Revenues were above the Street's estimates at $11.9bn (7% y/y, -2.5% q/q), with GMs at 61.7%, better...
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Credit Suisse Reiterates Outperform, Raises Price Target On Apple On Larger Base, Longer Cycle
Thursday, February 5, 2015 - 10:36am | 111Read More...In a report published Thursday, Credit Suisse analyst Kulbinder Garcha reiterated an Outperform rating on Apple Inc. (NASDAQ: AAPL), and raised the price target from $130.00 to $140.00. In the report, Credit Suisse noted, "Following a detailed analysis based on recent commentary from Apple's...
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Credit Suisse Lowers Price Target On Lexmark International On Currency And Growth Challenges
Wednesday, January 28, 2015 - 9:12am | 128Read More...In a report published Wednesday, Credit Suisse analyst Kulbinder Garcha reiterated an Underperform rating on Lexmark International (NYSE: LXK), but lowered the price target from $41.00 to $38.00. In the report, Credit Suisse noted, “Lexmark reported Q4 results that were mixed. Operationally,...
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Analysts See Far-Off Fix For IBM
Wednesday, January 21, 2015 - 5:34pm | 231Read More...International Business Machines Corp. (NYSE: IBM) is at least a year away from a turnaround as it dumps legacy businesses and moves into newer growth areas, an analyst said Wednesday. Wells Fargo's Maynard Um maintained a Market Weight rating on IBM and said the company is struggling with...
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IBM Q4 Earnings Preview
Tuesday, January 20, 2015 - 4:15pm | 266Read More...International Business Machines Corp. (NYSE: IBM) is scheduled to report Q4 earnings after the market close Tuesday. Analysts expect revenue of $24.77 billion and EPS of $5.41. Wells Fargo analyst Maynard Um recently commented that while “IBM is taking the right steps to transform by...
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Credit Suisse Upgrades Apple, 'More iPhones, More Cash'
Tuesday, January 13, 2015 - 8:59am | 311Read More...Kulbinder Garcha of Credit Suisse on Tuesday upgraded shares of Apple Inc. (NASDAQ: AAPL) to Outperform from Neutral with a price target raised to $130 from a previous $110 given a “solid and sustainable” iPhone volume base. "We raise our earnings per share estimates by 18...
