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iPhone 6c: What Is Apple Thinking?
Wednesday, December 9, 2015 - 1:32pm | 448Read More...Apple Inc. (NASDAQ: AAPL) is planning a special event for March 2016. The event will likely include the unveiling of the new Apple Watch, but could also involve the launch of an iPhone 6c model. With the limited success of the 5c, analyst, suppliers and shareholders question the strategy...
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Rackspace's Competition Is Getting Even Stronger; CLSA Cuts Targets
Tuesday, November 24, 2015 - 10:49am | 329Read More...Shares of Rackspace Hosting, Inc (NYSE: RAX) have lost 40 percent since May 26 and are trading close to their 52-week low of $23.65. CLSA’s Louis Miscioscia maintained an Underperform rating on the company, while reducing the price target from $27 to $23. The massive scale advantage...
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Skyworks Could Pursue More M&A Despite PMC-Sierra Cancellation, CLSA Says
Tuesday, November 24, 2015 - 10:03am | 365Read More...Skyworks Solutions Inc (NASDAQ: SWKS) shares have been on a downward trajectory over the past six months, and have lost 26 percent since May 26. CLSA’s Srini Pajjuri maintained an Outperform rating on the company, with a price target of $92. The termination of the merger agreement...
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Apple Won't Buy Tesla, CLSA Says
Thursday, November 19, 2015 - 12:43pm | 487Read More...One of Fortune's most notable predictions for 2016 consisted of Apple Inc. (NASDAQ: AAPL) acquiring Tesla Motors Inc (NASDAQ: TSLA). Fortune noted that Apple will acquire access to Tesla's battery technology, and more importantly, Tesla's CEO Elon Musk A tech analyst at CLSA...
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Square Has Lost 52% Of Value In Past Year
Thursday, November 19, 2015 - 12:00pm | 295Read More...Shares of Square (NYSE: SQ) started trading on Thursday at $9 per share. CLSA’s Tom McCrohan said that the IPO valuation is 52 percent below Square’s private equity valuation from fall 2014. Square’s share price of $9 was below the previously announced range of $11-$13...
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The Semiconductor Market Is Looking Weak, CLSA Warns
Tuesday, October 6, 2015 - 8:29am | 330Read More...Micron Technology, Inc. (NASDAQ: MU) shot more than 10 percent higher after reporting that it bought Tidal Systems to develop controllers for SSDs. CLSA's Sanjeev Rana said in a new research note that the outlook for the DRAM market would remain weak, with "pricing to remain...
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CLSA's Jeremy Scott: I'm Upgrading Dunkin' On Valuation
Friday, October 2, 2015 - 10:45am | 348Read More...Dunkin Brands Group Inc (NASDAQ: DNKN) shares are down 9 percent in the last three months, trading below the $50 mark through September. CLSA's Jeremy Scott upgraded the rating on the company from Underperform to Outperform, while reducing the price target from $56 to $50. Following...
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Why Traders Should Expect 'Very Strong' Numbers From Amazon
Thursday, July 23, 2015 - 12:37pm | 291Read More...Amazon.com, Inc. (NASDAQ: AMZN) is scheduled to report its second quarter earnings after the closing bell on Thursday. James Lee, CLSA analyst, was on CNBC to discuss what investors should expect and watch out for in Amazon's results. Expect The Numbers To Be Very Strong "The...
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Elon Musk Says New Updates Boost Tesla's 'Low End And High End' Margins
Friday, July 17, 2015 - 3:42pm | 319Read More...Tesla Motors Inc (NASDAQ: TSLA) holds a lot of intraday conference calls. This Friday, Elon Musk talked to reporters about three new announcements: A $5,000 price cut for the 70 Model D to $70,000, a horsepower Model S upgrade option to "Ludicrous Mode," and a pay-to-upgrade battery...
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Greeks In 'Extend And Pretend' Situation: CLSA's Wood
Friday, July 17, 2015 - 1:23pm | 345Read More...In his weekly Greed and Fear report, CLSA analyst Christopher Wood looks at the drama unfolding in Greece. Wood sees the latest developments as an indication that Europe is headed toward an “extend and pretend” approach to Greece. German Dominance According to Wood, the demands...
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CLSA Upgrades Cognizant Technology To Buy
Monday, July 6, 2015 - 9:28am | 53Read More...Analysts at CLSA upgraded Cognizant Technology Solutions Corp (NASDAQ: CTSH) from Outperform to Buy. Cognizant Technology shares have gained 19.93 percent over the past 52 weeks, while the S&P 500 index has surged 5.01 percent in the same period. Cognizant Technology shares closed at $60.53 on...
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CLSA Initiates Mobileye At Buy
Thursday, June 25, 2015 - 9:13am | 59Read More...CLSA initiated coverage on Mobileye NV (NYSE: MBLY) with a Buy rating. The target price for Mobileye is set to $67. Mobileye shares have dropped 25.38 percent over the past 52 weeks, while the S&P 500 index has surged 7.73 percent in the same period. Mobileye shares climbed 1.77 percent to $54...
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CLSA Downgrades CF Industries Holdings To Sell
Wednesday, June 17, 2015 - 8:45am | 66Read More...Analysts at CLSA downgraded CF Industries Holdings, Inc. (NYSE: CF) from Outperform to Sell. The price target for CF Industries Holdings has been lowered from $310.00 to $260.00. CF Industries Holdings shares have gained 31.55 percent over the past 52 weeks, while the S&P 500 index has surged 7...
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CLSA Initiates On Cavium, Says Well Positioned To Gain Share After Competitor M&A Activity
Tuesday, June 16, 2015 - 8:08am | 131Read More...In a report published Tuesday, CLSA analyst Srini Pajjuri initiated coverage of Cavium, Inc. (NASDAQ: CAVM) with an Outperform rating and price target of $85. The analyst believes that the company would continue to benefit sustainable secular growth in the mobile data, cloud and security markets. "...
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CLSA Upgrades Lululemon Athletica To Buy
Wednesday, June 10, 2015 - 9:14am | 65Read More...Analysts at CLSA upgraded Lululemon Athletica inc. (NASDAQ: LULU) from Underperform to Buy. The price target for Lululemon Athletica has been raised from $68.00 to $80.00. Lululemon Athletica shares have gained 54.11 percent over the past 52 weeks, while the S&P 500 index has surged 7.01...
