Broadpoint Amtech

Broadpoint urges investors to take advantage of Precision Castparts' (NYSE: PCP) cyclical recovery before valuations are pushed any higher by the Carlton deal. Precision’s biggest strengths are its established market position, strong management, and a history of aggressive moves. The target for...

2010 seems poised to become a banner for the commercial aerospace segment. Broadpoint AmTech considers the recent trends in freight and passenger traffic to be indicative of the industry’s recovery, and advises investors to build their positions now to outperform the markets in 2010. BE Aerospace (...

Analysts at Broadpoint AmTech have identified Intel Corporation (NASDAQ: INTC) and Advanced Micro Devices Inc. (NYSE: AMD) as the most attractive growth opportunities for 2010. Analysts at Broadpoint AmTech have identified Intel Corporation (NASDAQ: INTC) and Advanced Micro Devices Inc. (NYSE: AMD...

Broadpoint AmTech has increased its 2010 estimates for Bucyrus International Incorporation (NYSE: BUCY) to reflect the stronger than anticipated capex announcements from international commodity producers. The research firm analyst, Will Gabrielski, further added in the report that the valuation...

STEC Inc (NASDAQ: STEC) shares have moved up 2.40% to $17.05, marking an upward movement for over 11 consecutive days. At present, STEC’s shares are witnessing heavy call buying. The rally started when STEC’s stock received a “buy” rating from Broadpoint Amtech analyst Dinesh Moorjani after he...

Analysts at Broadpoint AmTech maintain their “Buy” rating on Oracle Corporation (NASDAQ: ORCL) with a price target of $30. They believe ORCL's fundamentals remain strong and that its pending JAVA acquisition could provide strong earnings accretion potential. The Firm says “Checks indicate in-line...

Broadpoint AmTech believes virtualization penetration is accelerating and it views VMWare (NYSE: VMW) as the best way to play this trend. This is after meeting with VMWare's management. Broadpoint AmTech maintains a Buy rating on the stock

Broadpoint AmTech indicated that Micron’s (NYSE: MU) DRAM pricing momentum is likely to continue in the immediate future as supply has tightened further. Broadpoint AmTech raised its target price for Micron and maintains a Buy rating on the stock.

Broadpoint AmTech raised their target to $18 from $16 as they see lower risks to estimates and believe gross margin headwinds are only temporary.

Broadpoint AmTech upgraded Precision Cast (NYSE: PCP) after the company bought Carlton Forge Works. Broadpoint AmTech thinks Precision has delivered solid operating improvements. It believes the Carlton deal will allow Precision to continue to increase its margins.

Broadpoint AmTech believes VMware (NYSE: VMW) is a "powerhouse" pure-play virtualization provider which offers an embedded "call option" on emerging virtual desktop trends. Broadpoint AmTech thinks the potential of desktop virtualization is enormous and it set a $40 target on the stock.