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Baird Provides Some Communications Cloud Coverage, Initiates Coverage On 2 Names
Friday, August 26, 2016 - 1:53pm | 383Read More...Baird Equity Research offered color on the communications cloud, which is gaining traction at a rapid pace. Analysts William Power and Charles Erlikh expect a number of companies to gain from their well-placed positions within the space. Specifically, the brokerage initiated its coverage on...
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Baird Initiates Coverage On RingCentral At Neutral, Sees 7% Upside
Friday, August 26, 2016 - 11:41am | 386Read More...Baird Equity Research analysts William Power and Charles Erlikh initiated coverage on RingCentral Inc (NYSE: RNG) shares with a Neutral rating. They have kept a price tag of $24, indicating a possible 7 percent upside. The comments come on the heels of Gartner naming RingCentral as a leader in its...
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8x8 'An Early Leader' In Cloud Comm, Says Baird
Friday, August 26, 2016 - 10:38am | 314Read More...Baird started coverage of 8x8, Inc. (NASDAQ: EGHT) with a Neutral rating and $15 price target. High valuation keeps the brokerage on the sidelines despite the company's still-nascent UCaaS growth opportunity. 8x8 is a provider of UCaaS, or Unified Communications as a Service, which combines...
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Baird Remains Cautious On Apple For Q3, Says Q4 Consensus Estimates 'Too High'
Tuesday, July 26, 2016 - 12:30pm | 334Read More...Baird remains cautious on Apple Inc. (NASDAQ: AAPL) ahead of its quarterly results. The brokerage forecast Q3 revenue and EPS of $42.0 billion and $1.37, with 39.9 million iPhone shipments. Street expects EPS of $1.38 on revenue of $42.09 billion. Both the Baird and consensus estimates are...
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After An Initial Dip Following Earnings, AT&T Stock Is Dialing Up Gains In Today's Session
Friday, July 22, 2016 - 3:59pm | 362Read More...Shares of AT&T Inc. (NYSE: T) gained more than 1 percent after the telecom major reported solid second-quarter results. Quarterly Results The company reported consolidated revenue and EPS of $40.5 billion and $0.72 compared with Baird's estimate of $41.1 billion and $0.73, respectively. The $0....
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Analyst: Estimates For Apple's Q4, FY17 'Remain Too High'
Wednesday, July 20, 2016 - 1:42pm | 349Read More...Baird Equity Research's analyst William Power raised some concern over Apple Inc. (NASDAQ: AAPL)'s stock and outlook in a research note on Wednesday. According to Power, consensus estimates for Apple's fourth quarter and full fiscal year 2017 are too high. The analyst cited additional currency...
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Netflix Moves Lower Day After Downgrade; Move To 'Old Lows' Seen As Technically Possible
Tuesday, January 5, 2016 - 12:19pm | 265Read More...Netflix, Inc. (NASDAQ:NFLX) shares are continuing lower one day after Baird analyst William Power downgraded his rating on the company to Neutral. Power cut his price target on Netflix to $115 Monday; shares are near the $107 level on Tuesday morning. The stock hit $126 as recently as December...
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Why Near-Term Noise In Apple Will Give Way To Continuing Long-Term Opportunity
Wednesday, December 16, 2015 - 10:27am | 277Read More...Robert Baird issued a report on Apple Inc. (NASDAQ: AAPL) giving the company's positive and negative catalysts heading into the new year. The firm rates Apple as Outperform and lowered its price target from $155 to $150. Regarding positive sediment surrounding Apple, analyst William Power...
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Baird Analyst Thinks 'There Are More Good Times Ahead' For FitBit
Wednesday, July 8, 2015 - 9:14am | 377Read More...Fitbit Inc (NYSE: FIT) stock has doubled since its IPO last month and according to William Power, analyst at Robert W. Baird, it's going to continue to move higher. Power recently initiated a coverage on the stock with an Outperform rating and $52 price target. Power was on CNBC...
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Analysts Hesitant On BlackBerry Following Weak Earnings
Wednesday, June 24, 2015 - 4:17pm | 547Read More...BlackBerry Ltd (NASDAQ: BBRY) released weaker-than-expected Q1 earnings on Monday, prompting a dip in the company's stock. Nevertheless, there were a few bright spots in the report, including positive signs for the tech firm's software business. The mixed signals have analysts on the...
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Is The Department Of Justice About To Deal A Blow To The Cable Industry?
Monday, April 20, 2015 - 11:58am | 371Read More...In a report published Monday, Baird analyst William Power commented on various media reports that are suggesting the Department of Justice may be leaning towards rejecting a Comcast Corporation (NASDAQ: CMCSA)- Time Warner Cable Inc (NYSE: TWC) merger. "We have been placing odds on the...
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UPDATE: Baird Downgrades NeuStar on NPAC Contract Concerns, Trading Down 18 Percent
Thursday, January 30, 2014 - 11:55am | 106Read More...Baird released a report Thursday morning in which their analyst, William Power, downgraded Neustar (NYSE: NSR) from Outperfrom to Neutral, dropping price target from $58 to $36. Power noted, "With uncertainty around the NPAC contract likely to reign for some time, and the increased likelihood...











