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AI Will Drive 25% Of GDP In 10 Years, Says Analyst: Which Company Will Emerge The Winner?
Thursday, March 9, 2023 - 3:07pm | 446Read More...The use of artificial intelligence (AI) technology is catalyzing the next platform shift, and will become integrated with every business, contributing to 25% of GDP growth, says Oppenheimer & Co. The company's Thursday industry update to investors is a deep dive into the new AI food chain...
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Solid Q1 For Morgan Stanley, But Oppenheimer Says Not Big Enough To Move The Needle
Monday, April 20, 2015 - 1:23pm | 338Read More...Morgan Stanley (NYSE: MS) came out with better-than-expected first quarter earnings. While analysts were expecting EPS for the quarter to be around $0.78 on revenue of $9.19 billion, the bank declared an EPS of $1.18 on revenue of $9.9 billion. Chris Kotowski, senior bank analyst at Oppenheimer...
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UPDATE: Oppenheimer Raises Price Target On Chipotle Mexican Grill, Inc.
Wednesday, September 10, 2014 - 9:15am | 139Read More...In a note released Wednesday, Oppenheimer analyst Brian Bittner raised the price target on Chipotle Mexican Grill, Inc. (NYSE: CMG) from $700 to $775 and reiterated an Outperform rating. Bittner's continued optimism, during times when the stock is already reaching record highs, is based on...
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U.S. Oil Refining Eyes Big Expansion Amid Shale Spike
Monday, March 3, 2014 - 3:01pm | 514Read More...As of early 2013, according to the U.S. Energy Information Administration, there were 143 operable oil refineries in the U.S. – less than half the number there were in 1982. But that decline appears to be ending. The new oil boom in the Dakotas, Texas, Oklahoma and elsewhere is reportedly...
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Do Recent J.C. Penney Share Prices Reflect Investor Optimism or False Hope?
Thursday, November 21, 2013 - 12:23pm | 575Read More...J.C. Penney (NYSE: JCP) shares jumped more than eight percent Wednesday closing at $9.44. This, despite a $489 million Q3 loss, compared with a $123 million loss during the same period a year ago. The adjusted loss of $1.81 per share was more than the $1.77 per share loss analysts expected...
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UPDATE: Oppenheimer Initiates Fusion-io at Perform Rating on Current Competitive Advantage
Tuesday, March 26, 2013 - 9:24am | 156Read More...In a report published Monday, Oppenheimer analyst Ittai Kidron initiated coverage of Fusion-io Inc. (NYSE: FIO) with a Perform rating. Kidron wrote, "We are initiating coverage on Fusion-io with a Perform rating. We believe Fusionio's first-mover advantage in the PCIe storage market and ability to...
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Oppenheimer Maintains Corning at Outperform on Long-Term Segment Display Positivity
Tuesday, March 19, 2013 - 9:46am | 151Read More...In a report published Tuesday by Oppenheimer, analyst Andrew Uerkwitz reiterated an Outperform rating on Corning Incorporated (NYSE: GLW) and maintained a $15 price target. In the report, Uerkwitz wrote, "We hosted Corning CFO, Jim Flaws, in New York on Friday, March 15. We came away confident in...
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UPDATE: Oppenheimer Raises Gilead PT on Promising Oncology Pipeline
Thursday, March 14, 2013 - 11:21am | 145Read More...Oppenheimer analyst David Ferreiro published a report Wednesday that maintained an Outperform rating on Gilead Sciences (NASDAQ: GILD) and increased the price target from $45 to $50. Ferreiro wrote, "We reviewed GILD's oncology pipeline, focusing on lead candidates idelalisib (PI3K inhibitor) for...
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UPDATE: Oppenheimer Raises Semtech PT to $41 Following Gennum Acquisition
Thursday, March 7, 2013 - 11:26am | 133Read More...Oppenheimer published a report Wednesday that maintained its Outperform rating on Semtech Corp. (NASDAQ: SMTC) and raised its price target from $35 to $41. In the report, Oppenheimer wrote, "We're increasing our SMTC estimates and price target following a second consecutive quarter of standout...
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Oppenheimer Maintains Outperform on Nvidia
Monday, December 19, 2011 - 9:27am | 128Read More...Oppenheimer reiterates its Outperform on Nvidia (NASDAQ: NVDA) as the company is purported to be in joint venture talks with Foxconn for a research and development center in China. Oppenheimer notes, "Foxconn Electronics (Hon Hai Precision Industry) and Nvidia, under coordination with the Tianjin...
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Oppenheimer Maintains Outperform on Apple
Monday, December 19, 2011 - 9:23am | 127Read More...In a recent research note, Oppenheimer reiterates its Outperform rating on Apple (NASDAQ: AAPL) as news sources indicate the company could launch a smaller version of its popular iPad tablet in 2012. Oppenheimer notes a Digitimes report saying: "Apple is likely to launch a 7.85-inch iPad prior to...
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UPDATE: Oppenheimer Upgrades Linear Technology to Outperform, Establishes $36 PT
Friday, December 16, 2011 - 11:31am | 134Read More...Oppenheimer raises its rating on Linear Technology (NASDAQ: LLTC) to Outperform from Perform and established a price target of $36 per share as the company is expected to benefit disproportionately from demand inflection. Oppenheimer comments, "Typical of past corrections, in July, LLTC was one of...
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Oppenheimer Has Perform on RRsat Global Communications Networks
Friday, November 18, 2011 - 9:13am | 153Read More...Oppenheimer & Co. is out with a research report on RRsat Global Communications Networks Ltd. (NASDAQ: RRST) and it has a Perform rating on shares. In a note to clients, Oppenheimer & Co. writes, "First the positives: revenues beat expectations; 2011 guidance was raised again; and a new...
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Oppenheimer Outperform on Netease.com
Thursday, November 17, 2011 - 9:08am | 161Read More...Oppenheimer & Co. is out with a research report on Netease.com Inc. (NASDAQ: NTES) and it has an Outperform rating and a $60 price target on shares. In a note to clients, Oppenheimer & Co. writes, "NTES reported 3Q11 results that were significantly above expectations. Gross margin remained...
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Oppenheimer Has Perform on NetApp
Thursday, November 17, 2011 - 9:04am | 171Read More...Oppenheimer & Co. is out with a research report on NetApp, Inc. (NASDAQ: NTAP) and it has a Perform rating on shares after it reported earnings. In a note to clients, Oppenheimer & Co. writes, "NetApp delivered disappointing FY2Q12 results with revenues and guidance coming in below...
