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UPDATE: Citigroup Raises PT on Celestica Following 2Q'13 Sales/EPS Report
Monday, July 29, 2013 - 9:39am | 109Read More...In a report published Monday, Citigroup analyst Jim Suva reiterated a Sell rating on Celestica (NYSE: CLS), and raised the price target from $6.75 to $9.00. In the report, Citigroup noted, “CLS reported 2Q'13 sales/EPS of $1.50B/$0.21 above street expectations of $1.43B/$0.17 and above guidance...
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UPDATE: Citigroup Upgrades Hewlett-Packard Following Outperformance
Wednesday, July 10, 2013 - 8:50am | 124Read More...In a report published Wednesday, Citigroup analyst Jim Suva upgraded the rating on Hewlett-Packard (NYSE: HPQ) from Sell to Buy, and raised the price target from $16.00 to $32.00. In the report, Citigroup noted, “We are upgrading Hewlett-Packard (HPQ) to Buy from Sell with a $32 target price ($...
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Microsoft and Blackberry to be the Next Google and Motorola
Tuesday, August 16, 2011 - 4:08pm | 439Read More...First Motorola, Next BlackBerry. With Google's (NASDAQ: GOOG) recent acquisition of Motorola Mobility (NYSE: MMI) for $12.5 billion, is Research In Motion (NASDAQ: RIMM) next up for auction? Mid-February, Research In Motion was trading just under $70 a share. Tuesday, the stock is down to $27 per...
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Citi's Top Calls 6/18/10 (RIMM, AMZN)
Friday, June 18, 2010 - 8:14am | 117Read More...Citi analyst Jim Suva expects Research In Motion's (NASDAQ: RIMM) May quarter to be solid. RIMM is best known for the Blackberry. Citi expects RIMM to report quarterly results inline with the consensus of $4.35bln/$1.34. Suva said, "We see some potential upside for EPS based on company share...
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Citigroup Analyst Sees Dim Future For Research In Motion Limited (RIMM)
Thursday, April 1, 2010 - 4:51pm | 189Read More...Citigroup Global Markets analyst Jim Suva maintained his "non-consensus" Sell rating for shares of Research In Motion Limited (Nasdaq: RIMM), while raising his target price for the stock from $52 to $55. Suva said that he didn't want to own any shares of Research In Motion Limited when Verizon...
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Corning Inc, Stock Rated at $24.00 (Buy/High Risk) (GLW)
Friday, January 8, 2010 - 3:13pm | 115Read More...The analysts Jim Suva and Kevin J Dennean of Citibank have recommended Buy/High Risk strategy for the shares of Corning Inc (NYSE: GLW) on the back of increasing demand for LCD glass in LCD monitors, notebook PCs and LCD televisions and the improving structure of LCD supply chain in the overall...
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Palm Inc Stock Rated at $10.00 (Sell/Speculative) ( PALM)
Friday, January 8, 2010 - 3:07pm | 111Read More...The analysts Jim Suva and Kevin J Dennean of Citigroup have recommended Sell for the shares of Palm Inc (NASDAQ: PALM) and have set the target price at $10.00. Sell strategy has been adopted because they do not expect Palm to improve its competitive positioning despite the launch of its new webOS...
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Motorola Stock Rated At $10.50 (Buy/High Risk) (MOT, HUTC, NOK, AAPL, ERIC)
Friday, January 8, 2010 - 2:59pm | 206Read More...The analysts Jim Suva and Kevin J Dennean of Citigroup have recommended a buy strategy for Motorola Inc (NYSE: MOT) and have kept its target price at $10.50. This is because Motorola is launching the Android Smartphone at the Consumer Electronic Show (CES). Additionally, it plans to launch more...
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Citigroup Likes Corning (GLW)
Saturday, January 2, 2010 - 2:52pm | 103Read More...Jim Suva, a Citigroup analyst, said on CNBC's Fast Money that Corning (NYSE: GLW) is a buy, because of a transition from LCD to LED technology. He said that Corning (GLW) is one of the three companies that produce LED televisions and no matter which model you buy Corning (GLW) is in it. Brian...
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Citigroup Analyst Would Sell RIMM, Buy Motorola (MOT)
Saturday, January 2, 2010 - 2:41pm | 114Read More...Citigroup's (NYSE: C) tech analyst, Jim Suva, thinks that it would be best to sell Research In Motion (NASDAQ: RIMM) and buy Motorola (NYSE: MOT). He said on CNBC's Fast Money that RIMM will experience an increasing competition in 2010, which will make them spend more on marketing. Verizon (NYSE:...
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FLEX May Provide Positive Outlook on Demand Trends
Friday, November 13, 2009 - 9:31am | 83Read More...Jim Suva of Citi has maintained his “buy” rating on Flextronics International (NASDAQ: FLEX). The target price for FLEX is set to $9. Citi expects FLEX to provide a positive outlook on near-term demand trends at its Mid-Year Business Update meeting scheduled for November 17. The meeting may act as...
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Citigroup Sees RIMM At $100 In Next Twelve Months
Thursday, September 24, 2009 - 4:40pm | 192Read More...Citigroup's analyst Jim Suva said on CNBC's Fast Money that Research In Motion (NASDAQ: RIMM) will have a bullish report tonight. Citigroup said that company has growing sales, 35% year to year in the recession, and with that in mind we can expect much better numbers when economy recovers. That is...
