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Mentor Graphics: Here's What Worries Investors
Friday, November 20, 2015 - 2:40pm | 566Read More...Shares of Mentor Graphics Corp (NASDAQ: MENT) plunged more than 32 percent on Friday. Mentor Graphics reported a roughly in-line third quarter, but issued guidance that was meaningfully below Wall Street's expectations. Wall Street's reaction was mostly unanimous with at least four research firms...
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Pacific Crest Downgrades Seagate Amid Share Loss
Friday, October 16, 2015 - 8:55am | 324Read More...Seagate Technology PLC (NASDAQ: STX) shares have been highly volatile over the past three months, and have lost 12 percent since July 16. Pacific Crest’s Monika Garg downgraded the rating on the company to Sector Weight. Seagate preannouncement was negative, reflecting a decline in...
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KeyBanc Calls PTC 'Leader In PLM, CAD,' Starts At Overweight
Thursday, October 8, 2015 - 9:43am | 266Read More...PTC Inc (NASDAQ: PTC) shares are down 8 percent year-to-date, declining steadily after hitting a high of $42.53 on June 22. KeyBanc Capital Markets’ Monika Garg initiated coverage of the company with an Overweight rating and a price target of $40. PTC is a market leader in PLM and...
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Calls of Note: The Research Notes Moving The Market This Monday
Monday, August 17, 2015 - 1:09pm | 1211Read More...The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Pacific Crest: It's ‘OK' Apple iPhone Units Might Decline Next Year Andy Hargreaves of Pacific Crest believes that Apple Inc. (NASDAQ: AAPL) will...
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Hard Disk Stocks: Estimates Cut On Wall Street, Guidance Expected To Be Lower
Tuesday, July 28, 2015 - 9:09am | 551Read More...In a report published Monday, Pacific Crest analyst Monika Garg previewed Hard Disk (HDD) vendors ahead of their earnings print, noting the group is expected to report in-line to slightly lower June quarter results. According to Garg, the HDD total addressable market (TAM) will total 113...
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Pacific Crest Says SanDisk's 'Big Beat' Suggests Company Making A 'Comeback'
Thursday, July 23, 2015 - 9:43am | 346Read More...Shares of SanDisk Corporation (NASDAQ: SNDK) were trading higher by more than 10 percent Thursday after the company reported its second quarter results Wednesday afternoon. In a report published Thursday, Pacific Crest analyst Monika Garg commented that SanDisk's "big beat"...
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Cypress-Spansion Merger A 'Great Marriage,' But Big Synergies Will Take Time
Thursday, December 4, 2014 - 12:04pm | 676Read More...Cypress Semiconductor Corporation (NASDAQ: CY) and Spansion Inc. (NYSE: CODE) announced their plans to merge late Monday, December 2, boosting the value of both companies. Analysts were fairly happy with the news, prompting many to issue an upgrade. "I think it's a good merger...
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Micron Technology, Inc. Benefits From Industry Consolidation, Analysts Say
Saturday, September 27, 2014 - 11:22am | 220Read More...Micron Technology, Inc. (NASDAQ: MU) may be gaining stability from and industry consolidation among computer chip makers, an analyst said Friday. Micron shares rose sharply after missing fiscal first-quarter Street views but forecasting sales of its dynamic random-access memory chips well above...
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Will Micron Technology, Inc.'s Earnings Prove The Company Is Undervalued?
Wednesday, September 24, 2014 - 4:31pm | 616Read More...Micron Technology, Inc. (NASDAQ: MU) will report after the market closes on Thursday, September 25. So, should investors be excited or worried? "The thing that I think everyone is looking for is how they will guide the DRAM pricing going forward," Pacific Crest analyst Monika Garg...
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UPDATE: Pacific Crest Securities Reiterates On Cadence Design Systems Following Slight Beat
Tuesday, July 22, 2014 - 9:09am | 151Read More...In a report published Tuesday, Pacific Crest Securities analyst Monika Garg reiterated an Outperform rating on Cadence Design Systems (NASDAQ: CDNS), and raised the price target from $18.00 to $20.00. In the report, Pacific Crest Securities noted, “Cadence posted a slight EPS and revenue beat. The...
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3 Analysts Say SanDisk Is Likely To Extend Q2 Growth Rate
Tuesday, July 15, 2014 - 11:53am | 299Read More...SanDisk (NASDAQ: SNDK) is expected to continue to show strong revenue and earnings growth when it posts results Wednesday, but some analysts say the stock is priced too richly. SanDisk traded Tuesday morning at $105.24 per share, down 0.3 percent. Its 52-week high is $106.93. "We got off...
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Pacific Crest Comments On Possible Affects Of Limited 2014/2015 3D NAND Supply
Friday, July 11, 2014 - 12:44pm | 117Read More...In a report published Friday, Pacific Crest analyst Monika Garg released a note in which she said that Micron Technology (NASDAQ: MU) and Hynix may have limited 3D NAND capacity during 2014 and 2015. If this turns out to be, Garg noted it would create a "strong" price environment. Garg is looking...
