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Tesla Gets Downgrade From Long-Term Bull Pierre Ferragu, Analyst Says Time To Book Profits
Thursday, December 10, 2020 - 5:19am | 298Read More...New Street Research analyst and Tesla Inc (NASDAQ: TSLA) bull Pierre Ferragu is of the opinion that investors who hold the automaker’s stock should book some profits ahead of the S&P inclusion, Barron’s reported Wednesday. The Tesla Analyst: Ferragu downgraded Tesla from Buy to Hold...
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Analyst Sees Tesla At $578 On A Decade Of Hypergrowth, Says EV Credits Don't Matter
Thursday, November 19, 2020 - 4:39am | 508Read More...New Street Research's Pierre Ferragu said that electric vehicle credits for Tesla Inc (NASDAQ: TSLA) are short-term and will go away in three to four years. He added that EV credits do not factor in his earnings model, in an interview with Fox Business. The Tesla...
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Just Getting Started? New Street Gives Tesla An $800 Price Target
Tuesday, January 21, 2020 - 4:50pm | 321Read More...Shares of Tesla Inc. (NASDAQ: TSLA) were on the rise Tuesday and a longtime bull got even more bullish, raising his target price on the stock to a Street-high. Tesla's stock is already up more than 20% this month. The Analyst New Street's Pierre Ferragu raised his price target on Tesla from...
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Facebook Targeting 1 Billion Users For New VR Headset
Monday, October 16, 2017 - 11:32am | 464Read More...Facebook Inc (NASDAQ: FB) has bold plans for its new Oculus Go virtual reality headset, which could positively impact the entire semiconductor sector, according to Bernstein's Pierre Ferragu. Facebook's Oculus Go has a handful of notable characteristics that bodes well for the device's...
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Bernstein Looks Into What To Make Of Cisco's Switching Losses
Thursday, February 23, 2017 - 10:50am | 394Read More...Bernstein analyst Pierre Ferragu believes Cisco Systems, Inc. (NASDAQ: CSCO) can defend and even slowly grow its switching revenues, despite share losses in the high end. Investors are concerned with market share losses of Cisco in switching business, which represents about 30 percent of revenues...
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Bernstein Downgrades F5: 'Buy On Marked Weakness Only'
Wednesday, November 30, 2016 - 10:37am | 257Read More...Bernstein’s Pierre Ferragu believes concerns regarding “cloud cannibalization” have subsided in recent quarters, with F5 Networks, Inc. (NASDAQ: FFIV) returning to product growth with 9 percent sequential change as compared to typical seasonality of 5 percent reported for the...
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F5 Networks Cracks $100: Is Bernstein Buying The Bottom?
Thursday, April 21, 2016 - 9:25am | 288Read More...F5 Networks, Inc. (NASDAQ: FFIV) reported its 2Q16 results broadly in-line with expectations. Bernstein’s Pierre Ferragu maintained an Outperform rating for the company, with a price target of $140. Results F5 Networks reported its 2Q topline growth at ~2 percent y/y, although the...
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Bernstein Pounds Table On Nokia, Says Consensus Too Cautious
Tuesday, March 15, 2016 - 9:38am | 310Read More...Bernstein’s Pierre Ferragu maintained an Outperform rating on Nokia Corporation (ADR) (NYSE: NOK), with a price target of €9. Consensus Very Cautious “After a few months of uncertainty the Street now has access to a fully-fledged sell-side consensus for the new Nokia Corp,...
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Bernstein Downgrades Ubiquiti: Here's Why
Thursday, January 14, 2016 - 11:43am | 246Read More...The share price of Ubiquiti Networks Inc (NASDAQ: UBNT) has declined 22.68 percent in the last three months, dropping down to $26.58 in morning trade on Thursday. Bernstein’s Pierre Ferragu has downgraded the rating on the company from Outperform to Market Perform, while lowering the...
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Bernstein Downgrades Juniper, Says Buy Only If This Happens
Tuesday, January 5, 2016 - 11:37am | 278Read More...Juniper Networks, Inc. (NYSE: JNPR) shares are up 24 percent since January 5, 2015. Bernstein’s Pierre Ferragu downgraded the rating for the company from Outperform to Market-Perform, while reducing the price target from $35 to $31. Although the company's delivered on its plans...
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Bernstein's Five 'Simple' Reasons To Own Ericsson Stock
Tuesday, September 22, 2015 - 1:47pm | 314Read More...Ericsson (ADR) (NASDAQ: ERIC) has seen a 23.8 percent decline in its share price year-to-date. Bernstein’s Pierre Ferragu has maintained an Outperform rating and price target of $14.46. The pullback in the stock, despite Ericsson being unaffected by the situation in China, offers an...
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Infineon Upgraded At Bernstein: Investors Not Accurately Accounting For Margin Expansion
Wednesday, July 8, 2015 - 9:07am | 212Read More...In a report published Wednesday, Bernstein analyst Pierre Ferragu upgraded the rating on Infineon Technologies AG (ADR) (OTC: IFNNY) from Market Perform to Outperform, while raising the price target from €11 to €14. The analyst believes that the stock could see upside when the company's "unique...
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F5 Networks Is High Quality And Undervalued, Bernstein Says
Tuesday, June 2, 2015 - 10:21am | 296Read More...In a report published Tuesday, Bernstein analyst Pierre Ferragu maintained an Outperform rating on F5 Networks, Inc. (NASDAQ: FFIV), while raising the price target from $145 to $160. The analyst believes that the current expectations from the company, the stock valuation and limited downside offer...
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Bernstein Upgrades Blackberry, Sees Limited Upside to Stock Price
Monday, December 16, 2013 - 5:08pm | 124Read More...Bernstein Research analyst Pierre Ferragu upgraded BlackBerry Limited (NASDAQ: BBRY) from Underperform to Market Perform and raised the price target from $4.50 to $5.50. Ferragu noted that there is limited room for further stock decline as the current price reflects worst-case scenario valuation...
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UPDATE: Bernstein Warns to Stay Away From Alcatel-Lucent
Friday, November 1, 2013 - 2:44pm | 149Read More...In a report published Friday, Bernstein Research analyst Pierre Ferragu recommended to stay away from Alcatel-Lucent, S.A. (NYSE: ALU) due to unattractive risk after earnings report. Alcatel-Lucent's revenue came in at 2 percent above consensus and 4 percent above Bernstein's estimates. Ferragu...
