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Buy Netflix Amid Overdone, Myopic Concerns Related To Q2 U.S. Sub Growth, Analyst Says
Monday, April 4, 2016 - 3:41pm | 336Read More...The fear around Netflix, Inc. (NASDAQ: NFLX)'s second quarter U.S. subscriber guidance is overdone and myopic relative to the company's global opportunity, according to Andy Hargreaves of Pacific Crest Securities. "We recommend investors buy NFLX to take advantage of the passing of...
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Analyst: Skyworks Should Merge With Maxim
Thursday, March 31, 2016 - 1:05pm | 371Read More...While Skyworks Solutions Inc (NASDAQ: SWKS) has experienced success in the mobile market, the data center and automotive spaces could provide diversification for the company and lead to long-term upsides. By expanding its focus – perhaps through a merger with Maxim Integrated Products Inc...
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Try DreamWorks And Lionsgate If You Want The Best Box Office Upside
Tuesday, March 29, 2016 - 10:54am | 330Read More...Pacific Crest’s Evan Wingren initiated coverage of Dreamworks Animation Skg Inc (NASDAQ: DWA) and Lions Gate Entertainment Corp. (USA) (NYSE: LGF) with Overweight ratings. DreamWorks The price target is at $31. “The company is transforming itself into a major supplier of content...
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World Wrestling Entertainment Primed To Navigate The Future Of TV; PacCrest Says Buy It Now
Tuesday, March 29, 2016 - 7:35am | 416Read More...Pacific Crest’s Evan Wingren initiated coverage of World Wrestling Entertainment, Inc. (NYSE: WWE) with an Overweight rating, with a price target of $22. The analyst commented that the company appeared to be “well positioned to navigate the future of TV via its Internet-based direct-...
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The Street Was Surprised By Apple iPhone SE's Price Tag
Tuesday, March 22, 2016 - 1:03pm | 979Read More...Following Apple Inc. (NASDAQ: AAPL)'s March event on Monday, the Street was abuzz with chatter related to the unveiled products. According to Piper Jaffray's Gene Munster, the only true surprise from the event was the pricing of the new iPhone SE. Projected starting prices for the...
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These 2 Firms Say iPhone SE And iPad Pro Won't Drive Significant Sales
Tuesday, March 22, 2016 - 9:12am | 675Read More...At a time when the Street is expecting a low-cost iPhone SE could drive Apple Inc. (NASDAQ: AAPL) sales, these two firms think otherwise. Deutsche Bank Deutsche Bank's Sherri Scribner said, "Without any new features or functionality versus the iPhone 6s, and with the same form factor as the...
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Apple: Everything You Need To Know Ahead Of Monday's Event
Monday, March 21, 2016 - 11:13am | 487Read More...Apple Inc. (NASDAQ: AAPL) is scheduled to hold an event Monday evening, one that in a strange move, is not open to investors. According to various rumor trackers such as MacRumors, 9to5Mac and Apple Insider, the move to exclude investors is unusual, and possibly attributable to a lack of faith...
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Hargreaves: Apple iPhone SE Launch A Non-Event
Friday, March 18, 2016 - 10:23am | 231Read More...Pacific Crest’s Andy Hargreaves recommend owning shares of Apple Inc. (NASDAQ: AAPL), citing likely growth in the iPhone 7 cycle and an attractive valuation. The price target is at $127. Apple is scheduled to host an event on March 21, at which it is expected to launch the new iPhone SE,...
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Jabil's Guidance Is Bad Sign For Apple's iPhone
Thursday, March 17, 2016 - 12:06pm | 507Read More...Jabil Circuit, Inc. (NYSE: JBL) announced some disappointing guidance – disappointing to the degree that it may spell trouble for one of its major customers Apple Inc. (NASDAQ: AAPL). While the Street's expectation for FQ3 DMS revenue for Jabil was at +16.4 percent prior to the...
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How Mobileye Benefits From Federally-Mandated Automatic Braking
Thursday, March 17, 2016 - 10:21am | 578Read More...On Thursday, it was reported by the Associated Press that automatic braking would become standardized by 2022. Prior to the announcement, Pacific Crest Securities speculated that the imminent announcement holds some significant benefit for advanced car technologies, particularly, Mobileye NV (NYSE...
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Apple's Google Cloud Decision Adds To This Perception
Thursday, March 17, 2016 - 10:15am | 480Read More...Over the past 12 months, Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) has continued to be a strong performer in the Internet of Things space. With news of a forthcoming additional boost from Apple Inc. (NASDAQ: AAPL), a few analysts have begun speculating over the tangible monetary potential this...
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Amazon Has Two Really Big News Items Going For It Right Now
Thursday, March 10, 2016 - 2:51pm | 326Read More...In a pair of new reports, Wall Street analysts weigh in on two important recent developments for Amazon.com, Inc. (NASDAQ: AMZN). First, Pacific Crest analyst Edward Yruma discussed Amazon’s new fashion show Style Code Live." According to Yruma, the new show is an innovative approach to...
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3D Printing Stocks Are Exploding, But The Best Trade Isn't Stratasys, 3D Systems Or Voxeljet
Thursday, March 3, 2016 - 5:33pm | 408Read More...Wednesday evening, Stratasys, Ltd. (NASDAQ: SSYS) reported earnings, announcing FY16 revenue of $700–$730 million versus the estimated $700 million, an EPS of $0.17–$0.43 versus an estimated $0.18. For Q4, the EPS came in $(0.01) versus the estimated $(0.18), while revenue came in at $...
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Pacific Crest Downgrades Sandisk On Pending Merger, Is Buying Western Digital
Monday, February 29, 2016 - 11:35am | 241Read More...Pacific Crest’s Monika Garg downgraded the rating for SanDisk Corporation (NASDAQ: SNDK) to Sector Weight, citing the impending merger with Western Digital Corp (NASDAQ: WDC). The deal is now to be financed by $67.50 in cash and 0.2387 Western Digital shares, which translates to around $78...
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The Good (Profits) And The Bad (International Headwinds) For Wayfair
Friday, February 26, 2016 - 11:48am | 234Read More...Pacific Crest Securities recently issued a report on Wayfair Inc (NYSE: W) after the company reported strong fourth-quarter earnings and intentions of international investment. The firm rates Wayfair at Sector Weight, while a price target is unavailable. Analysts Edward Yruma, Jessica Schmidt...
