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Analyst Says Now Is The 'Golden Time' For Symantec To Sell Itself To Broadcom
Wednesday, July 3, 2019 - 1:32pm | 332Read More...Broadcom Inc (NASDAQ: AVGO)'s rumored interest in buying cybersecurity company Symantec Corporation (NASDAQ: SYMC) could come at a price tag as high as $28 per share, according to Wedbush. The Analyst Wedbush's Daniel Ives maintains a Neutral rating on Symantec with a $19 price target. The...
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Symantec Shares Are Flying On Report Broadcom Is Eyeing A Takeover
Wednesday, July 3, 2019 - 8:42am | 366Read More...Broadcom Inc (NASDAQ: AVGO) is reportedly eyeing an acquisition of cybersecurity company Symantec Corporation (NASDAQ: SYMC), sources told Bloomberg. Broadcom is potentially looking to buy Symantec to gain exposure to the more profitable software business, according to Bloomberg. Morgan Stanley...
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Semiconductor Maker Macom Cuts Guidance After Huawei Ban, Lays Off 250 In Restructuring
Wednesday, June 19, 2019 - 10:04am | 412Read More...The semiconductor company MACOM Technology Solutions Holdings (NASDAQ: MTSI) is warning that its third-quarter revenue is expected to fall due to the Huawei ban. What Happened Macom said Tuesday that its third-quarter revenue is now expected to fall in a range between $107 million and $...
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Analysts Discuss Broadcom's New Supply Agreement With Apple
Tuesday, June 11, 2019 - 11:15am | 409Read More...Broadcom Inc (NASDAQ: AVGO) confirmed Monday in a regulatory filing a new two-year agreement to supply Apple Inc. (NASDAQ: AAPL) with radio-frequency components for its smartphones, tablets and watches. The Analysts Morgan Stanley's Craig Hettenbach maintains an Equal-Weight rating on Broadcom...
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BMO Downgrades Cree On Valuation, Says LED Maker Has Unique Positioning
Monday, June 3, 2019 - 12:22pm | 393Read More...Cree, Inc. (NASDAQ: CREE) is executing on its turnaround, but the risk-reward profile for the stock is balanced, according to BMO Capital Markets, which dropped its bullish stance Sunday. The Analyst Ambrish Srivastava downgraded Cree from Outperform to Market Perform with an...
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Cohu 'Poised To Deliver Much Improved Profitability,' Stifel Says In Upgrade
Tuesday, May 7, 2019 - 4:21pm | 421Read More...Semiconductor test equipment maker Cohu, Inc. (NASDAQ: COHU) reported Monday after the market close with first-quarter results that fell mostly in line with expectations. The Analyst Stifel analyst Brian Chin upgraded Cohu from Hold to Buy and increased the price target from $18.50 to $22. The...
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Marvell Buys Aquantia In $450M Deal
Monday, May 6, 2019 - 8:48am | 343Read More...Semiconductor company Marvell Technology Group Ltd. (NASDAQ: MRVL) said Monday it reached an agreement to buy Aquantia Corp (NYSE: AQ), a leader in Multi-Gig Ethernet connectivity, for $13.25 per share. What Happened Marvell's acquisition of Aquantia will complement its portfolio of copper and...
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'Great Technology' Is How AMD Differentiates Itself, CEO Tells Cramer
Thursday, May 2, 2019 - 10:54am | 485Read More...2019 will prove to be a "big year" for Advanced Micro Devices, Inc. (NASDAQ: AMD), as the company is setting the stage for multiple product launches, CEO Lisa Su told CNBC's Jim Cramer in a Wednesday interview. What Happened AMD has "a lot of things in the hopper" and...
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Bank Of America Upgrades Qualcomm, Highlights Improved Visibility
Thursday, May 2, 2019 - 9:10am | 367Read More...Qualcomm, Inc. (NASDAQ: QCOM) reported Wednesday fiscal second-quarter results, which was in-line with expectations but the resolution of a long-lasting dispute with Apple Inc. (NASDAQ: AAPL) creates improved visibility, according to Bank of America. The Analyst Bank of America's Tal Liani...
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Analysts Dissect ON Semiconductor's Acquisition Of Quantenna
Thursday, March 28, 2019 - 8:57am | 412Read More...ON Semiconductor Corp (NASDAQ: ON) reached an agreement to acquire Quantenna Communications Inc (NASDAQ: QTNA), a leader in Wi-Fi technologies. Here is a summary of some of the Street's initial reactions to the $1 billion acquisition. The Analysts Raymond James' Chris Caso maintains a...
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Sell-Side Debates What To Like And Not To Like In Marvell's Latest Earnings
Friday, March 8, 2019 - 2:15pm | 562Read More...Marvell Technology Group Ltd. (NASDAQ: MRVL) reported fourth-quarter results that were mostly in-line with management's preannouncement but first-quarter guidance fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts MKM...
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2 Pros Debate: Is Intel A Compelling Buy Or Value Trap?
Monday, February 25, 2019 - 1:13pm | 374Read More...Intel Corporation (NASDAQ: INTC) shares are up more than 9 percent since the start of 2019, and the stock's recent momentum has at least one pro expecting the stock to move above its 52-week high of $57.60. What Happened The semiconductor space as a whole looks appealing, but Intel's...
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Bullish BofA Expects ON Semiconductor's Growth To Return In Q2
Monday, February 4, 2019 - 2:06pm | 392Read More...Despite ON Semiconductor Corp (NASDAQ: ON)'s below-par first-quarter revenue guidance, one Bank of America Merrill Lynch analyst is bullish on its prospects. The Analyst Analyst Vivek Arya reiterated a Buy rating and $23 price target for ON shares. The Thesis ON, a provider of semiconductor...
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Morgan Stanley Downgrades Nvidia, Faces 'More Significant Challenges' Than Expected
Tuesday, January 29, 2019 - 10:38am | 402Read More...Nvidia Corporation (NASDAQ: NVDA)'s concerning pre-announcement shows the company faces "more significant challenges" than previously expected, according to Morgan Stanley. The Analyst Morgan Stanley's Joseph Moore downgraded Nvidia from Overweight to Equal-Weight with a...
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Nvidia Cuts Q4 Sales Guidance, Chips Stocks Tumble
Monday, January 28, 2019 - 11:04am | 570Read More...Shares of NVIDIA Corporation (NASDAQ: NVDA) were trading lower by more than 15 percent Monday morning after the semiconductor company cautioned investors its fourth-quarter results will come in worse than previously expected due to poor performance in the Gaming and Datacenter business segments....
















