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Brian White Hikes IBM Revenue Forecast, Ups Target To $166
Tuesday, April 19, 2016 - 11:00am | 254Read More...International Business Machines Corp. (NYSE: IBM) reported higher than expected Q1 results, while maintaining its EPS guidance for 2016. Drexel Hamilton’s Brian J. White maintained a Buy rating on the company, while raising the price target from $160 to $166. 1Q Upside “Although...
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Drexel Hamilton's Sine Pounds Zayo Table: Reiterates Sell On Historical Behavior After Earnings
Wednesday, April 13, 2016 - 10:12am | 292Read More...Drexel Hamilton’s Barry M. Sine pointed out that Zayo Group Holdings Inc (NYSE: ZAYO) shares “have a history of rallying between earnings, and selling off on earnings days.” The analyst reiterated a Sell rating on the company, with a price target of $20. Stock Concerns...
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Drexel Hamilton's 'Apple Monitor' Shows Strong Performance In March
Monday, April 11, 2016 - 12:37pm | 314Read More...Brian White of Drexel Hamilton still believes there is much to look forward to from Apple Inc. (NASDAQ: AAPL) in 2016 and the brokerage's Apple Monitor (i.e., basket of Apple suppliers in Taiwan) March sales performance was stronger than the 11-year average. "We continue to believe...
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Drexel Hamilton Prefers Infinera Shares Over Oclaro, Lumentum In Optical Space
Friday, April 8, 2016 - 12:42pm | 705Read More...Drexel Hamilton prefers Infinera Corp. (NASDAQ: INFN) over Oclaro, Inc. (NASDAQ: OCLR) and Lumentum Holdings Inc (NASDAQ: LITE) in the optical component supply space. Analyst Greg Mesniaeff believes Infinera's top-line year-over-year growth will exceed 25 percent through 2017, as the company "...
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Ciena Initiated With Buy, $22 Target At Drexel Hamilton
Friday, April 8, 2016 - 11:01am | 261Read More...Over time, Ciena Corporation (NYSE: CIEN) has significantly diversified its customer base. Drexel Hamilton’s Greg Mesniaeff initiated coverage of the company with a Buy rating and a price target of $22. Ciena's customer base, which originally comprised of major telco carriers, now...
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Brian White: Time To Buy Box, It Has 50% Upside
Friday, April 1, 2016 - 9:54am | 308Read More...Having grown sales 95 percent per year over the past four calendar years and having delivered 40 percent growth in FY16, with high recurring revenue, Drexel Hamilton’s Brian J. White believes that Box Inc (NYSE: BOX) is undervalued at its current levels. The analyst initiated coverage of...
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White: iPhone SE Should Help Apple In India And China
Monday, March 21, 2016 - 4:05pm | 219Read More...Analyst reactions to Apple Inc. (NASDAQ: AAPL)'s latest product event are slowly rolling in. While Trip Chowdhry said the new phone and tablet are "strong" because they allow Apple's aspirational branding to reach a broader base of consumers, Drexel Hamilton's Brian White...
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Apple Analyst Predicts Four-Inch iPhone, New iPad And Watch Bands Next Week
Friday, March 18, 2016 - 9:17am | 333Read More...Drexel Hamilton’s Brian J. White maintained a Buy rating for Apple Inc. (NASDAQ: AAPL), with a price target of $200, saying that the Phone SE could result in the company having a stronger position in the midrange, luxury smartphone market. Apple is scheduled to host a Special Event on...
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Oracle EPS: It's A Beat
Tuesday, March 15, 2016 - 4:59pm | 207Read More...Oracle Corporation (NYSE: ORCL) shares were up 4 percent after-hours on Tuesday after the company reported better-than-expected third quarter earnings of $0.64 per share versus estimates of $0.62. The company missed sales expectations ($9 billion versus $9.13 billion), but did announce a $10...
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The Taiwan LCD Market Is Getting Weaker
Wednesday, March 9, 2016 - 11:39am | 261Read More...Drexel Hamilton’s Brian J. White mentioned that Taiwan based panel makers AU Optronics Corp (ADR) (NYSE: AUO), HannStar Display Corp, Chung Hwa Picture Tubes LTD. and Innolux Corp have reported a weak performance for February. The February performance of all these leading Taiwan based...
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Drexel's Wible: Netflix Worth $150
Thursday, March 3, 2016 - 11:39am | 272Read More...Drexel Hamilton's Tony Wible maintained a Buy rating on Netflix, Inc. (NASDAQ: NFLX), with a price target of $150. Wible expects to see two new virtual MVPDs during 2016, given that Amazon.com, Inc. (NASDAQ: AMZN) intends to launch a live TV platform, while AT&T Inc. (NYSE: T) intends to have...
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Apple A Big Winner From Mobile World Congress
Monday, February 29, 2016 - 3:38pm | 296Read More...On Monday, Drexel Hamilton issued a note on the IT hardware and software industry, specifically highlighting Apple Inc. (NASDAQ: AAPL) and Cisco Systems, Inc. (NASDAQ: CSCO) as being well positioned to benefit from the Internet-of-Things (IoT) trend. Brian White, an analyst at Drexel Hamilton,...
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Why Disney Investors Win From 'Deadpool'
Tuesday, February 16, 2016 - 10:58am | 314Read More...Shares of Walt Disney Co (NYSE: DIS) have dropped 20.64 percent over the past three months, falling to a low of $88.85 on February 10. Drexel Hamilton’s Tony Wible has maintained a Buy rating on the company, with a price target of $108. Marvel’s "Deadpool," despite being R-...
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'Apple Monitor' Shows Stock Still Worth $200
Tuesday, February 16, 2016 - 10:33am | 371Read More...Shares of Apple Inc. (NASDAQ: AAPL) have declined 10.71 percent year to date, falling to a low of $93.78 on February 11. Drexel Hamilton’s Brian J. White has maintained a Buy rating on the company, with a price target of $200. All the companies in Drexel Hamilton’s Apple...
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6 High-Quality Tech Stocks To Buy On The Dip
Saturday, February 13, 2016 - 10:59pm | 341Read More...In a new report, Drexel Hamilton analyst Brian White addressed the 2016 selloff in tech stocks and names six top stock picks investors should be buying on the dip. “In the aftermath of the recent decline, we are highlighting well-positioned, high-quality cash-rich tech stocks… along...
