FBR & Co.

FBR & Co downgraded QUALCOMM, Inc. (NASDAQ: QCOM) from Market Perform from Outperform and removed the company from its "Top Picks" following news that Samsung Elect Ltd (OTC: SSNLF) would use its own chip in the Galaxy S6 model. The move away from Qualcomm represents a "...

According to FBR & Co. analysts, oil investors should be prepared for an Iran nuclear agreement to be announced this week, which could remove the cap on Iranian oil exports. The report by FBR indicates that analysts see a growing probability that an Iranian agreement will be announced in the...

In a report published Thursday, FBR & Co. analyst Daniel H. Ives reiterated an Outperform rating on Verint Systems, Inc. (NASDAQ: VRNT), and raised the price target from $67.00 to $68.00. In the report, FBR & Co. noted, "At current levels, we believe Verint Systems, Inc. represents a...

FBR & Co. commented on Pandora Media Inc (NYSE: P) Tuesday to rebut "the argument that earnings in a SoundExchange victory could support the shares." Analysts Barton Crockett and Howard Ma noted that SoundExchange was "seeking fees from Pandora equal to the greater of $0.25...

Oracle Corporation (NYSE: ORCL) reported Q3 earnings Wednesday. Revenues came in at $9.3 billion, below expectations of $9.46 billion. Non-GAAP EPS was $0.68, in line with analyst estimates. The stock surged higher following the news. The Street commented on the results, with many analysts...

In a report published Tuesday, FBR & Co. analyst Susan Anderson reiterated a Market Perform rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target from $38.00 to $40.00. In the report, FBR & Co. noted, "URBN reported a 4Q EPS beat of $0.60 versus FBR/consensus of $0.57...

In a report published Monday, FBR & Co. analyst John R. Mims upgraded the rating on UTi Worldwide Inc. (NASDAQ: UTIW) from Market Perform to Outperform, and raised the price target from $11.00 to $19.00. In the report, FBR & Co. noted, "We upgrade UTIW shares to Outperform and significantly...

Abercrombie & Fitch Co. (NYSE: ANF) released mixed fourth quarter earnings on Wednesday. While EPS of $1.15 was in line with analyst expectations, revenue fell 13.8 percent year-over-year to $1.12 billion, missing consensus estimates of $1.17 billion. Shares traded recently at $19.98, down...

FBR & Co. issued an industry update on cybersecurity this Tuesday. Analysts Daniel H. Ives and James Moore saw increased concern over cybersecurity due to high profile attacks in both the public and private sectors. Massive data breaches have caused CIOs and IT departments to seek...

FBR & Co. upgraded Monster Worldwide, Inc. (NYSE: MWW) on Wednesday from Market Perform to Outperform, and raised its target price from $4.50 to $6.80 following the company's Q4 earnings release. Analyst William Bird wrote that the fourth quarter’s “bookings improvement...

ON Semiconductor Corp (NASDAQ: ONNN) reported Q4 earnings results on Thursday and beat expectations. The company reported EPS of $0.17 on revenue of $864 million and the stock rallied on Friday to close at $11.38, up 10.81 percent. Analysts weighed in on the results. Below are highlights...

Speaking to Benzinga, FBR & Co Analyst Christopher Rolland addressed rumors that Lenovo Group Limited (ADR) (OTC: LNVGY) may make a formal offer for Marvell Technology Group Ltd. (NASDAQ: MRVL) at around $19 per share this weekend. Rolland said that “there were reports at the...

Cavium Inc (NASDAQ: CAVM) reported Q4 earnings results Wednesday that were slightly above expectations. Following the results, JMP Securities downgraded that stock from Market Outperform to Market Perform. Analyst Alex Gauna commented that the stock “fell short of living up to the...

Microsoft Corporation (NASDAQ: MSFT) reported fiscal Q2 earnings Monday, which signaled potential difficulties ahead. Investors responded by selling shares and and sent the stock down approximately 10 percent Tuesday morning to $42.35. Analysts gave mixed perspectives on the results. Below are...