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Why Margins Are In Focus For Alibaba's Earnings
Monday, August 10, 2015 - 8:02am | 277Read More...In a report published Sunday, Summit Research analyst Henry Guo previewed Alibaba Group Holding Ltd (NYSE: BABA)'s June quarter results (scheduled for August 12 before market open), noting that Street expectations for 34 percent year-over-year revenue growth is "achievable" and the...
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Summit's Sundararajan: Apple Bears May Be Wrong
Thursday, August 6, 2015 - 10:34am | 423Read More...In a report published Thursday, Summit Research analyst Srini Sundararajan mentioned that Apple Inc. (NASDAQ: AAPL) bears could be wrong and that semiconductor used in the next version of the iPhone was expected to be significantly superior to the current iPhone 6. Also, the analyst believes...
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Baidu Analysts Mostly Positive Heading Into Earnings; Mobile Search Monetization In Focus
Monday, July 27, 2015 - 12:59pm | 812Read More...Baidu Inc (ADR) (NASDAQ: BIDU) is scheduled to report its second quarter results after Monday's market close. The Estimize community (based on 62 estimates) is calling for the company to earn $1.85 per share on revenue of $2.629 billion. This compares to the Wall Street consensus estimate...
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SanDisk Analysts Sees Both Risk And Upside Heading Into Earnings
Wednesday, July 22, 2015 - 3:30pm | 872Read More...SanDisk Corporation (NASDAQ: SNDK) is scheduled to report its second quarter results after Wednesday's market close. Estimize is calling for the company to earn $0.36 per share (based on 28 estimates) in the quarter on revenue of $1.198 billion. This compares to the Wall Street consensus...
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What's The Deal With Semiconductors Now? Summit's Sundararajan Digs Into The Sector
Friday, July 17, 2015 - 8:08am | 635Read More...In a report published Thursday, Summit Research analyst Srini Sundararajan reviewed companies that have reported earnings in the Semiconductor space and commented on key takeaways from Analyst Meetings. Intel: Looking Cash Strapped? Sundararajan noted that Intel Corporation (NASDAQ: INTC)...
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Are Intel's Biggest Analysts Bullish?
Wednesday, July 15, 2015 - 2:14pm | 547Read More...Intel Corporation (NASDAQ: INTC) is scheduled to report its second quarter results after market close on Wednesday. Estimize, the crowd-sourced earnings and economic rating site, is estimating Intel will earn $0.52 in the second quarter on revenue of $13.243 billion. This compares to the Wall...
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Thoughts On Reported Micron Bid From The Analyst Who Predicted It First
Tuesday, July 14, 2015 - 2:40pm | 1008Read More...Reuters reported early Tuesday morning that China's state-backed Unigroup Ltd. was preparing to bid for Micron Technology, Inc. (NASDAQ: MU). The firm, according to Reuters, will offer $23 billion – equivalent to $21 per share and a 19.3 percent premium on Micron's trading price at the time...
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Summit Research Discusses Alibaba's 'Last Mile' Strategy
Tuesday, July 14, 2015 - 11:26am | 294Read More...In a report published Monday, Summit Research analyst Henry Guo analyzed Alibaba Group Holding Ltd (NYSE: BABA)'s "last mile" strategy in which the company deploys "Cainiao Pick-Up Stations" to increase its geographical presence and improve its logistical efficiency. After making a purchase on...
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Barracuda Is Falling 20%, But These Analysts Are Still Bullish
Friday, July 10, 2015 - 12:25pm | 640Read More...Shares of Barracuda Networks Inc (NYSE: CUDA) plunged more than 20 percent Friday after the company reported its first quarter results on Thursday. Here are what some of Wall Street's top analysts are saying. Morgan Stanley: Buy The Pullback Melissa Gorham of Morgan Stanley commented in...
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Summit Research Initiates Imperva At Buy
Monday, July 6, 2015 - 9:37am | 61Read More...Summit Research initiated coverage on Imperva Inc (NYSE: IMPV) with a Buy rating. The target price for Imperva is set to $75. Imperva shares have gained 171.59 percent over the past 52 weeks, while the S&P 500 index has surged 5.01 percent in the same period. Imperva shares fell 0.15 percent to...
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Baidu Shares Fall On Rumor Of Weak Quarter; Here's What Analysts Dispute
Wednesday, July 1, 2015 - 11:36am | 360Read More...Shares of Baidu Inc (NASDAQ: BIDU) were lower on Wednesday following market chatter that the firm is expected to report a slow quarter. A Baidu spokesperson declined to comment on the rumor of a weak quarter. At least one analyst's recent research report supported the rumor of a weak quarter,...
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Summit Says Barracuda Networks Is A Buy Because Of Its 'Sustainable Moat'
Monday, June 22, 2015 - 1:08pm | 250Read More...In a report published Monday, Summit Research analyst Srini Nandury initiated coverage of Barracuda Networks Inc (NYSE: CUDA) with a Buy rating and a price target of $50, saying that the company’s shares were trading at a “significant discount to our peer group average.”...
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Time To Buy Vipshop? This Summit Analyst Thinks So
Monday, June 22, 2015 - 7:45am | 301Read More...In a report published Monday, Summit Research analyst Henry Guo maintained a Buy rating on Vipshop Holdings Ltd - ADR (NYSE: VIPS), with a price target of $35. The company's shares have recently underperformed the market mostly due to concerns surrounding a decline in top-line growth. Guo remains...
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Summit Research Upgrades SanDisk To Buy
Monday, June 22, 2015 - 7:19am | 60Read More...Analysts at Summit Research upgraded SanDisk Corporation (NASDAQ: SNDK) from Hold to Buy. The price target for SanDisk has been raised from $61 to $85. SanDisk shares have dropped 37.41 percent over the past 52 weeks, while the S&P 500 index has gained 7.51 percent in the same period. SanDisk...
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Summit Research Initiates Barracuda Networks At Buy
Monday, June 22, 2015 - 7:05am | 64Read More...Analysts at Summit Research initiated coverage on Barracuda Networks Inc (NYSE: CUDA) with a Buy rating. The target price for Barracuda Networks is set to $50. Barracuda Networks shares have jumped 40.82 percent over the past 52 weeks, while the S&P 500 index has gained 7.51 percent in the...




