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Buy Tech Or Brace For 'Epic' Downturn? 2 Pros Share Their Strategies To Play The Market
Tuesday, November 6, 2018 - 11:34am | 549Read More...Investors have multiple options at their disposal to navigate through market volatility. CNBC covered two opposing views on what investors should do next: buy the dip in tech or brace for an "epic" downturn. Buy Tech Technology stocks have been among the hardest-hit in recent trading...
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Sell-Side Largely Neutral On Sonos After Q3 Print
Tuesday, September 11, 2018 - 11:20am | 730Read More...Sonos Inc. (NASDAQ: SONO) reported earnings for the first time since the company’s August IPO Monday, sending the stock down more than 16 percent in after-hours trading. The Analyst Morgan Stanley analyst Katy Huberty reiterated an Equal-weight rating and $20 price target. Jefferies...
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DA Davidson Upgrades Akamai: 'Revenue From New Products Has Tripled In Just The Last Year'
Monday, September 10, 2018 - 3:12pm | 497Read More...D.A. Davidson has increased confidence in Akamai Technologies Inc. (NASDAQ: AKAM)'s strategic direction after a conversation with the cloud company's management. The Analyst D.A. Davidson's Mark Kelleher upgraded Akamai from Neutral to Buy and increased the price target from $...
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Netflix Vs. Amazon Vs. Nvidia: Picking A Tech Stock For The Long Haul
Wednesday, August 22, 2018 - 2:00pm | 404Read More...Three of the best-performing tech stocks since the market low of March 2009 are Netflix, Inc. (NASDAQ: NFLX), Amazon.com, Inc. (NASDAQ: AMZN) and Nvidia Corporation (NASDAQ: NVDA). If investors were to pick one to hold over the next 3,500 days, which would it be? The Analyst...
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Endava's Quiet Period Ends: What The Street Thinks
Tuesday, August 21, 2018 - 3:28pm | 656Read More...Shares of Endava PLC - ADR (NYSE: DAVA), a United Kingdom-based technology services provider, traded for the first time on the NYSE in late July, and Tuesday marks the end of the "quiet period." Here's what some on the Street are saying about the stock. The Analysts Citi's...
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Avnet's Revenue Recovery, Margin Improvement Trigger Bank Of America Upgrade
Friday, August 10, 2018 - 9:59am | 374Read More...Avnet, Inc. (NASDAQ: AVT) "delivered on all fronts" in its fourth-quarter report Wednesday, according to Bank of America Merrill Lynch. The Analyst Bank of America's Param Singh upgraded Avnet from Neutral to Buy with a price target lifted from $44 to $55. The Thesis Avnet...
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Should Investors Take Some 'Chips Off The Table' Or Sell Before 'Rolling Bear Market' Begins?
Monday, August 6, 2018 - 10:10am | 487Read More...Major U.S. indices have erased a few months of declines and are now positive for 2018. Should investors be taking some "chips off the table" or fully cash in before a "rolling bear market" begins? Two analysts shared their respective somewhat-bearish and very bearish outlooks....
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Stifel Raises Microsoft Price Target After 'Big Wow' Of A Quarter
Friday, July 20, 2018 - 9:38am | 384Read More...Microsoft Corporation (NASDAQ: MSFT) reported Thursday afternoon with a "big wow" of a fourth-quarter report that turned Stifel incrementally bullish. The Analyst Stifel's Brad Reback maintains a Buy rating on Microsoft with a price target lifted from $107 to $118. The...
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A Look At Tech's Big Rally
Tuesday, June 5, 2018 - 1:54pm | 570Read More...What's driving the rally in technology stocks? The answer is more than just "exceptionally strong" fundamentals, according to Jefferies managing director Brent Thill. What Happened Technology stocks are strong for a plethora of reasons, Thill said during CNBC's "Squawk...
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Apple, Chips Stocks Falling Amid Taiwan Semiconductor's Weak Guidance
Thursday, April 19, 2018 - 9:28am | 434Read More...Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE: TSM), one of the most tracked Asia-based chip manufacturers, offered investors a poor guidance outlook that had a ripple effect across the technology sector. What Happened Taiwan Semiconductor manufacturers chips for companies like Apple Inc. (...
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Stifel Projects A Prolonged 'State Of Transition' For Oracle In Downgrade Report
Tuesday, March 20, 2018 - 9:13am | 396Read More...Oracle Corporation (NYSE: ORCL) reported mixed fiscal third-quarter results Monday that led Stifel to drop its bullish stance on the stock. The Analyst Stifel's Brad Reback downgraded Oracle from Buy to Hold with a newly assigned $53 price target. The Thesis Oracle's top...
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KeyBanc Upgrades Akamai Technologies As Focus Turns To Margin Expansion
Thursday, March 15, 2018 - 8:58am | 427Read More...An activist investor campaign that's targeting margin expansion at Akamai Technologies, Inc. (NASDAQ: AKAM) led KeyBanc Capital Markets to drop its bearish stance on the cloud services company. The Analyst KeyBanc's Brandon Nispel upgraded Akamai...
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The Sell-Side Reacts To Hewlett Packard Enterprise's Q1 Print
Friday, February 23, 2018 - 11:30am | 759Read More...Hewlett Packard Enterprise Co (NYSE: HPE) reported fiscal first-quarter results after the close Thursday, sending shares higher by more than 10 percent. Here's a recap of what some of the Street's top analysts are saying after the print. Ratings, Price Target Changes BMO Capital...
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Cognizant Technology Has Momentum For Continued Outperformance, Says Argus' Kelleher
Thursday, February 22, 2018 - 3:52pm | 413Read More...Cognizant Technology Solutions Corp (NASDAQ: CTSH) has seen its stock rise 15 percent since the start of 2018 on the heels of a 27-percent jump in 2017, and both figures outperform the computing, information processing and storage peer group. Cognizant's fundamentals imply the potential for...
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What Wall Street Is Saying About Cisco's Q2 Report
Thursday, February 15, 2018 - 1:50pm | 962Read More...Shares of Cisco Systems, Inc. (NASDAQ: CSCO) hit a new multiyear high of $45.10 Thursday morning after the company's fiscal second-quarter earnings report came in better than expected and the low end of management's Q3 guidance exceeded Wall Street forecasts. The Analysts Morgan...
















