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Analysts: China Isn't Targeting Apple In Trade War
Thursday, May 30, 2019 - 11:05am | 498Read More...Apple, Inc. (NASDAQ: AAPL) has taken a beating in the month of May on concerns a breakdown in U.S. trade relations with China could leave Apple exposed to a potential boycott in China. Two analyst said Thursday Apple’s seems to have steered clear of trade war disruption up to this point, but...
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Analysts Weigh In On NetApp's Weak Q4, Stay Largely Bullish Chances Of Inflection
Thursday, May 23, 2019 - 10:45am | 646Read More...NetApp Inc. (NASDAQ: NTAP) reported after the market close Wednesday with below-consensus fourth-quarter earnings and issued a downbeat forecast for the first quarter. The company's third-quarter earnings report issued in February was also weak. The Analysts Credit Suisse analyst Matthew...
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Bank Of America: Apple Is Still An Innovator
Friday, May 17, 2019 - 12:49pm | 454Read More...Apple Inc. (NASDAQ: AAPL) was granted 2,160 patents throughout 2018, suggesting the company's era of innovation is far from "dead," according to Bank of America Merrill Lynch. The Analyst Wamsi Mohan maintained a Buy rating on Apple with an unchanged $230 price target...
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Good, Not Great: Analysts Break Down Apple's Quarter
Wednesday, May 1, 2019 - 11:17am | 978Read More...Apple, Inc. (NASDAQ: AAPL) stock jumped more than 6.5 percent Wednesday after the company reported a big March quarter earnings beat and issued better-than-expected guidance. For the fiscal second quarter, Apple reported $2.46 in EPS on revenue of $58 billion. Both numbers topped consensus analyst...
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Western Digital Analysts Maintain Mostly Bullish Stances Despite Long NAND Recovery
Tuesday, April 30, 2019 - 11:32am | 708Read More...Shares of Western Digital Corp (NASDAQ: WDC) were trading lower Tuesday in the wake of the storage solutions provider's disappointing fiscal third-quarter report. The Analysts Wells Fargo Securities analyst Aaron Rakers maintained an Outperform rating on Western Digital with a $65...
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Apple Q2 Earnings Preview: What To Expect
Sunday, April 28, 2019 - 10:25am | 739Read More...Apple, Inc. (NASDAQ: AAPL) investors are hoping Apple can keep the ball rolling when it reports fiscal second-quarter earnings after the market close on April 30. Here’s a look at what Wall Street is expecting from Apple. The Numbers Analysts are expecting Apple to report second-quarter EPS...
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Mixed Takes On Apple: BofA Says iPhone Trade-Ins Could Boost Upgrades, But HSBC Says Services Pivot May Bring Lower Margins
Wednesday, April 10, 2019 - 10:29am | 387Read More...Apple Inc., (NASDAQ: AAPL) may benefit from an iPhone upgrade push, according to one sell-side analyst, but another downgraded the stock Wednesday on concerns about the company’s move away from an iPhone focus toward services and streaming TV. The Analysts Bank of America Merrill Lynch’...
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Apple's Stock Under Pressure Following Report Of Product Price Cuts In China
Monday, April 1, 2019 - 10:44am | 365Read More...Apple Inc. (NASDAQ: AAPL) weighed on the market Monday morning after CNBC reported the company cut prices on a wide range of products in China by nearly 6 percent. Apple has cut prices for iPhones, iPads, Macs and AirPods in its official China online store. Greater China represents about 15...
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Apple As A Service: Analysts Break Down Apple TV+, Apple News+ And Apple Arcade
Tuesday, March 26, 2019 - 11:45am | 1097Read More...Apple, Inc. (NASDAQ: AAPL) had one of its most important new service unveilings in recent memory on Monday, giving fans their first glimpse at streaming service Apple TV+, subscription gaming service Apple Arcade and news service Apple News+. Unfortunately for investors, Apple didn't...
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Bank Of America Upgrades Apple To Buy, Says Street Is Too Pessimistic
Monday, March 11, 2019 - 9:44am | 599Read More...Shares of Apple Inc. (NASDAQ: AAPL) remain lower by around 26 percent since its all-time highs and BofA recommends investors to be buyers of the pullback. The Analyst Bank of America's Wamsi Mohan upgraded Apple from Neutral to Buy with a price target lifted from $180 to $210. Apple's stock...
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Pure Storage Faces Near-Term Pressures, But Has Long-Term Tailwinds, Says Bullish BofA
Friday, March 1, 2019 - 3:29pm | 319Read More...Pure Storage Inc (NYSE: PSTG) reported fourth-quarter revenue Thursday that was well below Street expectations, but guided to 30-percent revenue growth for F2020, according to Bank of America Merrill Lynch. The Analyst Bank of America Merrill Lynch’s Wamsi Mohan maintained a Buy...
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BofA: 3D Systems Could Remain Under Margin Pressure
Friday, March 1, 2019 - 1:49pm | 335Read More...3D Systems Corporation (NYSE: DDD) delivered a fourth-quarter EPS beat Thursday, but on the back of lower taxes, according to Bank of America Merrill Lynch. Gross margins in both materials and services contracted significantly in the quarter. The Analyst Analyst Wamsi Mohan maintains an...
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What Wall Street Analysts Think About Dell's 'First' Earnings Report
Friday, March 1, 2019 - 1:35pm | 495Read More...In its first quarterly report since returning to the public market, Dell Technologies Inc (NYSE: DELL) beat consensus expectations, sending the stock higher. Dell reported fourth-quarter revenue of $24 billion, above consensus estimates of $23.8 billion. The company also guided for 2019 revenue of...
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The Street Debates What To Do With HP After Post-Earnings Plunge
Thursday, February 28, 2019 - 3:50pm | 854Read More...HP Inc (NYSE: HPQ) reported Wednesday with fiscal first-quarter results that matched expectations on the earnings line. Revenue for the reported quarter fell short of expectations, and management's outlook is viewed by some as overly pessimistic. The following is a roundup of how some HP...
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Analysts Applaud IBM's Move To Make Watson Available Cross-Cloud
Friday, February 15, 2019 - 11:36am | 536Read More...IBM (NYSE: IBM)’s move to make its Watson AI technology available on competing cloud services is a positive, analysts said following the computing company’s annual IBM Think gathering. IBM said at the annual event this week in San Francisco that, rather than require customers to bring...
















