Pacific Crest

Pacific Crest’s Evan Wilson mentioned that Electronic Arts Inc. (NASDAQ: EA) kicked off E3 with the EA Play press even that showcased most of its slate for 2016. Wilson mentioned that the company “spent most of its time showing off five franchises: Titanfall 2, Mass Effect Andromeda,...

Pacific Crest has upgraded ON Semiconductor Corp (NASDAQ: ON) to Overweight, citing underappreciated ADAS content story, FCS synergies and Skylake tailwinds. Future Catalysts The brokerage said ADAS is the future content driver for ON, which has 70 percent "automotive image sensor market share and...

Pacific Crest's Brad Erickson gave some insight into a recent factory tour of a Tesla Motors Inc (NASDAQ: TSLA)'s Fremont, California facility. Following the tour and updated channel checks, Erickson said he's "more positive" on Tesla over the near term. "In a tour...

Pacific Crest said it's still an opportune time to acquire/build positions in the shares of Akamai Technologies, Inc. (NASDAQ: AKAM). "We believe when traffic growth improves, the valuation multiple should expand. At just 9.1x our below-consensus 2016 adjusted EBITDA estimates vs. its...

VeriFone Systems Inc (NYSE: PAY) is set to report second-quarter earnings on Tuesday. Pacific Crest's Josh Beck offered his take on the company and stock ahead of the quarterly print. "We expect solid results and see room for a modest beat and raise in line with the beat, but expect...

Pacific Crest analysts remain buyers of Broadcom Ltd (NASDAQ: AVGO), Cirrus Logic, Inc. (NASDAQ: CRUS) and Skyworks Solutions Inc (NASDAQ: SWKS) amid meaningful improvement in iPhone inventories due to aggressive promotion by Apple Inc. (NASDAQ: AAPL). The brokerage's "carrier surveys in North...

This year could be the biggest year for software M&A since 2011. Pacific Crest analyst Rob Owens recently took a close look at how the current software M&A cycle compares to the previous one, which companies are the most likely buyout targets and which companies will be the major buyers....

With this year’s E3 is just weeks away, Pacific Crest analyst Evan Wilson recently took a close look at what investors can expect from the big show and which gaming stocks are best-positioned looking forward. According to Wilson, this year’s E3 will be all about virtual reality,...

Ambarella Inc’s (NASDAQ: AMBA) full-year guidance was “better than feared,” when the Sony Corp (ADR) (NYSE: SNE) image sensor disruption is accounted for. Brad Erickson of Pacific Crest maintained an Overweight rating on Ambarella, with a price target of $53. “We are...

While expressing concern over the competitive landscape for Paypal Holdings Inc (NASDAQ: PYPL), Pacific Crest’s Josh Beck said in a report that the company’s positive near-term momentum was balanced by mid-term risks. The analyst maintained a Sector Weight for the company. This Is A...

Pacific Crest continues to prefer Materialise NV (ADR) (NASDAQ: MTLS) as its favorite idea in the 3D printing space, as it has exposures to high-end software and the growing medical segment in addition to strong, cash-generating services division. "[I]t doesn't compete in the crowded...

Pacific Crest Security's Evan Wilson commented on Snapchat's growth claiming the company was growing faster than Twitter Inc (NYSE: TWTR), but slower than Facebook Inc (NASDAQ: FB). Wilson analyzed key growth metrics for the company: It took Snapchat 18 quarters to reach 110 million...

Pacifc Crest's Andrew Hargreaves was a guest on "Bloomberg GO" Friday to offer his expert opinion on the Financial Time's report that Apple Inc. (NASDAQ: AAPL) and Time Warner Inc (NYSE: TWX) discussed a potential merger. Related Link: Albert Fried On Apple And Time Warner Talks: Not Probable, But...