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Wells Fargo Reiterates Outperform Rating on Hewlett-Packard Ahead of Anticipated FY2014 Reset
Monday, October 7, 2013 - 9:31am | 87Read More...In a report published Monday, Wells Fargo Securities analyst Maynard Um reiterated an Outperform rating on Hewlett-Packard Company (NYSE: HPQ). In the report, Wells Fargo Securities noted, “We believe HP will likely deliver FY14 net income and free cash flow growth even absent revenue growth....
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Wells Fargo Comments on Xyratex on In-Line Demand with Storage Subsystem Expectations
Friday, October 4, 2013 - 10:27am | 202Read More...In a report published Friday, Wells Fargo Securities analyst Maynard Um commented on recent developments related to Xyratex Ltd. (NASDAQ: XRTX). In the report, Wells Fargo Securities noted, “Xyratex sees demand in line with expectations in its storage subsystem business. XRTX's August quarter...
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Wells Fargo Reiterates Market Perform Rating on BlackBerry Following Lowered Estimates
Monday, September 23, 2013 - 9:05am | 199Read More...In a report published Monday, Wells Fargo Securities analyst Maynard Um reiterated a Market Perform rating on BlackBerry Ltd. (NASDAQ: BBRY). In the report, Wells Fargo Securities noted, “On the one hand, we believe a more concentrated focus by BBRY is positive and think restructuring the company...
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Wells Fargo Reiterates Market Perform Rating on BlackBerry Following Announcement of BlackBerry Z30
Wednesday, September 18, 2013 - 11:06am | 206Read More...In a report published Wednesday, Wells Fargo Securities analyst Maynard Um reiterated a Market Perform rating on BlackBerry Ltd. (NASDAQ: BBRY). In the report, Wells Fargo Securities noted, “BBRY's new Z30 device features a 5-inch screen and robust processing capabilities and has been dubbed the...
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Wells Fargo Securities Reiterates Outperform Rating on Apple Following iPhone 5S/5C Announcement
Wednesday, September 11, 2013 - 10:03am | 122Read More...In a report published Wednesday, Wells Fargo Securities analyst Maynard Um reiterated an Outperform rating on Apple (NASDAQ: AAPL). In the report, Wells Fargo Securities noted, “In short, Apple delivered most of what we had hoped: 1) the new 5C should have better gross margins than the original 5...
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Wells Fargo Reiterates Market Perform Rating on Nokia Following Strategy Evaluation
Wednesday, September 4, 2013 - 11:49am | 155Read More...In a report published Wednesday, Wells Fargo Securities analyst Maynard Um reiterated a Market Perform rating on Nokia Corporation (NYSE: NOK). In the report, Wells Fargo Securities noted, “The Board conducting a strategy evaluation indicates a long term strategy has yet to be determined for the...
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Wells Fargo Reiterates Outperform on Apple on Distribution/Authentec Opportunity
Wednesday, September 4, 2013 - 11:48am | 224Read More...In a report published Wednesday, Wells Fargo Securities analyst Maynard Um reiterated an Outperform rating on Apple (NASDAQ: AAPL). In the report, Wells Fargo Securities noted, “We understand that Apple is becoming less rigid with operators, which we see as paramount to further carrier penetration...
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Wells Fargo Reiterates Market Perform on Nokia on Positive Outlook
Tuesday, September 3, 2013 - 10:33am | 185Read More...In a report published Tuesday, Wells Fargo Securities analyst Maynard Um reiterated a Market Perform rating on Nokia Corporation (NYSE: NOK). In the report, Wells Fargo Securities noted, “We view this positively for Nokia, as we believe the path for the Device & Services business was fraught...
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Wells Fargo Reiterates Outperform on Hewlett-Packard on Positive FY14 Outlook
Thursday, August 22, 2013 - 10:52am | 241Read More...In a report published Thursday, Wells Fargo Securities analyst Maynard Um reiterated an Outperform rating on Hewlett-Packard Company (NYSE: HPQ). In the report, Wells Fargo Securities noted, “HP's quarter was a tale of two stories, though perhaps slightly different than we had expected with some...
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Wells Fargo Securities Reiterates Outperform Rating on Hewlett-Packard Ahead of Q3 Results
Tuesday, August 20, 2013 - 10:34am | 163Read More...In a report published Tuesday, Wells Fargo Securities analyst Maynard Um reiterated an Outperform rating on Hewlett-Packard Company (NYSE: HPQ). In the report, Wells Fargo Securities noted, “While we do not expect HP to be immune from broader IT industry revenue pressures (our estimate: $27.6B...
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Analysts Seem Skeptical Following News Of BlackBerry's Strategic Review
Monday, August 12, 2013 - 12:35pm | 335Read More...Shares of BlackBerry (NASDAQ: BBRY) are being bid up more than five percent Monday afternoon following news out of the company it is looking for strategic alternatives. While the Street is clearly liking the news, sell-side analysts seem a little apprehensive. Wells Fargo's Maynard Um reiterated...
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Wells Fargo Securities Reiterates Market Perform Rating on BlackBerry Following Strategic Alternatives Committee Announcement
Monday, August 12, 2013 - 10:04am | 263Read More...In a report published Monday, Wells Fargo Securities analyst Maynard Um reiterated a Market Perform rating on BlackBerry (NASDAQ: BBRY). In the report, Wells Fargo Securities noted, “This morning, BBRY's board announced it has formed a special committee to explore strategic alternatives such as...
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Wells Fargo Securities Reiterates Market Perform Rating on BlackBerry Following Rumors of the Company Going Private
Friday, August 9, 2013 - 10:48am | 293Read More...In a report published Friday, Wells Fargo Securities analyst Maynard Um reiterated a Market Perform rating on BlackBerry (NASDAQ: BBRY). In the report, Wells Fargo Securities noted, “Media reports suggest that BlackBerry is considering going private. While reports suggest it has not received a...
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Wells Fargo Reiterates Outperform on Apple Following Earnings Report
Friday, July 26, 2013 - 9:19am | 199Read More...In a report published Friday, Wells Fargo Securities analyst Maynard Um reiterated an Outperform rating on Apple (NASDAQ: AAPL). In the report, Wells Fargo Securities noted, “Warranty reversal in the June quarter –a 120-basis-point (bp) gross margin benefit, all else equal. Apple reversed some of...
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UPDATE: Wells Fargo Downgrades BlackBerry on Far Out Success
Friday, June 28, 2013 - 3:36pm | 225Read More...In a report published Friday, Wells Fargo analyst Maynard Um downgraded BlackBerry (NASDAQ: BBRY) from Outperform to Market Perform. In the report, Wells Fargo commented, "Our downgrade does not necessarily reflect a view that BBRY will not be able to succeed (while we still believe it can...

