Pacific Crest

Shares of QUALCOMM, Inc. (NASDAQ: QCOM) were trading lower by around 1 percent Wednesday morning. Qualcomm's management confirmed it will maintain its existing corporate structure. The company also reaffirmed a prior commitment to return 75 percent of free cash flow, which will allow greater...

Pandora Media Inc (NYSE: P) shares have declined 29.12 percent over the past three month, with the share price almost touching its 52-week low on October 30. Pacific Crest’s Andy Hargreaves maintained a Sector Weight rating on the company. Hargreaves believes that while a favorable CRB...

Pacific Crest believes there is still plenty of market share available for e-commerce companies. Despite big gains in recent years, e-commerce still only accounts for about 7.4 percent of total retail sales. Pacific Crest has initiated coverage on Amazon.com, Inc. (NASDAQ: AMZN), Liberty...

Apple Inc. (NASDAQ: AAPL) shares have gained 8 percent year-to-date, but are still trading much below their 52-week high of $134.54. Pacific Crest’s Andy Hargreaves maintained an Overweight rating on the company, with a price target of $142. Although the buy-side iPhone estimates...

Ambarella Inc (NASDAQ: AMBA)'s stock is surging in Friday's trading following its Q3 earnings report. Analysts on Wall Street have mixed feelings about what they saw from the company in Q3. Despite a big earnings beat, Ambarella's Q4 guidance was relatively weak. Shares of...

Box Inc (NYSE: BOX) reported solid Q3 numbers, but the market punished the stock in Thursday’s trading session. With Box down 9 percent following earnings, here’s a look at what four Wall Street firms had to say about the stock post-earnings. Oppenheimer Analyst Ittai Kidron...

HP Inc (NYSE: HPQ) shares have plunged 67 percent year-to-date, while shares of Hewlett Packard Enterprise Co (NYSE: HPE) are down 14 percent over the same period. Pacific Crest’s Brent Bracelin maintained a Sector Weight rating on the companies, while BofA Merrill Lynch’s Wamsi...

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...

Andy Hargreaves, a media analyst at Pacific Crest, said in a note that he has a positive near-term view of the TV networks. Hargreaves noted that his "favorite longs" remain AMC Networks Inc (NASDAQ: AMCX), Twenty-First Century Fox Inc (NASDAQ: FOXA) and Netflix, Inc. (NASDAQ: NFLX). Hargreaves...

GameStop Corp. (NYSE: GME) shares have appreciated 31.75 percent year-to-date, from $32.27 on January 9. Pacific Crest’s Evan Wilson has downgraded the rating on the company from Overweight to Sector Weight. Given the appreciation in the share price, and expectations of lower growth...

Shares of Cisco Systems, Inc. (NASDAQ: CSCO) are nearly flat over the past three months, but are higher by more than 11 percent over the past year. Cisco is scheduled to report its first quarter 2016 (October ending) results after Thursday's market close. Wall Street analysts are mostly mixed...