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Failed Merger Could Push SanDisk-Western Digital Down 25%
Tuesday, March 15, 2016 - 8:44am | 237Read More...Citi’s Stanley Kovler downgraded the rating for SanDisk Corporation (NASDAQ: SNDK) from Buy to Neutral, while raising the price target from $76.60 to $77.50. The rating for Western Digital Corp (NASDAQ: WDC) has been maintained at Buy, with a price target of $53. SanDisk’s shares...
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Citi Raises Synergy Assumptions For Combined Western Digital-SanDisk Entity
Monday, March 14, 2016 - 1:16pm | 348Read More...Shareholders will vote on the proposed Western Digital Corp (NASDAQ: WDC) acquisition of SanDisk Corporation (NASDAQ: SNDK) on March 15, and Citi has raised its synergy assumptions for the combined entity. Analyst Stanley Kovler increased his pro-forma combined EPS for "NewCo" to $6.10/ $7.47/ $9....
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Citi Downgrades Nokia And Alcatel Amid Challenges Following Acquisition
Thursday, April 16, 2015 - 11:10am | 295Read More...Citi issued a report on Nokia Corporation (ADR) (NYSE: NOK) and Alcatel Lucent SA (ADR) (NYSE: ALU) after the announcement that Nokia was acquiring Alcatel-Lucent in an all stock deal. Citi downgraded Nokia from Buy to Neutral and maintained a €7.50 price target. Citi also downgraded Alcatel...
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Susquehanna Financial Group Maintains Palm (PALM) Neutral Rating
Tuesday, March 16, 2010 - 9:36am | 221Read More...Susquehanna Financial Group analysts Jeffrey Fidacaro and Stanley Kovler maintained their Neutral rating for shares of Palm, Inc. (Nasdaq: PALM). Although they rated the stock Neutral, much of the commentary regarding Palm, Inc. was negative. The analysts said that Palm is facing growing channel...
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Computer Hardware Roundup (MSFT, AAPL, DELL, HPQ)
Thursday, January 14, 2010 - 5:44pm | 172Read More...Jeffrey Fidacaro and Stanley Kovler, analysts at Susquehanna Financial Group, report that Q4 PC unit growth exceeds expectations. Referring to IDC’s preliminary global PC shipments data, they state that PC shipment grew 15% y-o-y over the same quarter last year. The growth was partly due to the...

