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Morgan Stanley Stays Bearish On Advanced Micro Devices, Says Market Is Overrating JV
Wednesday, April 27, 2016 - 12:54pm | 353Read More...Along with reporting its earnings, Advanced Micro Devices, Inc. (NASDAQ: AMD) has announced that it had entered into a joint venture with a university investment group based in China, called THATIC. Morgan Stanley’s Joseph Moore maintains an Underweight rating on the company, with a price...
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GoPro Investors Win From Morgan Stanley's Ambarella Upgrade
Tuesday, March 29, 2016 - 9:36am | 219Read More...Shares of GoPro Inc (NASDAQ: GPRO) were trading higher by nearly 2 percent early Tuesday morning as investors interpreted a Morgan Stanley report on Ambarella Inc (NASDAQ: AMBA) to be a bullish indication on the action camera maker. Joseph Moore of Morgan Stanley upgraded shares of Ambarella to...
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Morgan Stanley Upgrades Ambarella, Sees 30% Upside
Tuesday, March 29, 2016 - 8:21am | 334Read More...Morgan Stanley’s Joseph Moore upgraded the rating on Ambarella Inc (NASDAQ: AMBA) from Equal-weight to Overweight, with a price target of $55. Upside Potential Moore expects growth to persist across the company’s drones, wearables, consumer surveillance and autos segments, with the...
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Morgan Stanley Sees 'Minimal' GoPro Risk To Ambarella
Friday, March 4, 2016 - 9:05am | 286Read More...Morgan Stanley’s Joseph Moore maintained an Equal-weight rating for Ambarella Inc (NASDAQ: AMBA), while reducing the price target from $56 to $55, after the company announced disappointing guidance for Q1 on more sluggish sports and a seasonally slower IP security market. Ambarella...
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Morgan Stanley's Take On Marvell's Legal Issues
Wednesday, March 2, 2016 - 8:38am | 275Read More...Morgan Stanley's Joseph Moore maintained an Equal-weight for Marvell Technology Group Ltd. (NASDAQ: MRVL), with a price target of $10.50. He said that although Marvell’s audit committee had not found any fraudulent activities, there are hurdles related to the SEC inquiry and delisting...
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Micron Valuation At 'Historical' Low; Morgan Stanley Sees 80% Upside
Thursday, January 21, 2016 - 10:53am | 282Read More...Shares of Micron Technology, Inc. (NASDAQ: MU) have dipped 65.33 percent over the past year, dropping to a low of $10.05 on Wednesday. Morgan Stanley's Joseph Moore has maintained an Overweight rating on the company, with a price target of $18. At the current valuation, Moore believes...
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Wall Street Bullish On Micron Ahead Of Earnings
Thursday, December 17, 2015 - 2:09pm | 445Read More...Micron Technology, Inc. (NASDAQ: MU) is down 58.9 percent in 2015. The company reports quarterly earnings on December 22. Wall Street seems mostly bullish on the stock ahead of earnings. Micron Technology shareholders can’t wait for 2015 to be over. The stock has dropped 58.9 percent this...
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Morgan Stanley Calls The Bottom In Micron, Upgrades To Overweight
Thursday, December 17, 2015 - 8:41am | 293Read More...Micron Technology, Inc. (NASDAQ: MU) shares have been heading south through 2015, and are down 60 percent yeat-t-date. Morgan Stanley’s Joseph Moore upgraded the rating on the company from Equal-weight to Overweight, while raising the price target from $16 to $18. While expressing...
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Street Downgrading SanDisk After Western Digital Buyout
Thursday, October 22, 2015 - 8:36am | 531Read More...SanDisk Corporation (NASDAQ: SNDK) shares are down 23 percent year-to-date, despite making a recovery past the $70 mark through October. Morgan Stanley and B. Riley downgraded their ratings on the company, while raising their price targets. SanDisk has inked an agreement to sell the...
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Was Intel's Bar Too High?
Wednesday, October 14, 2015 - 1:08pm | 1028Read More...Shares of Intel Corporation (NASDAQ: INTC) were trading lower by nearly 2 percent Wednesday morning following its third-quarter print. Intel posted a better-than-expected earnings per share and revenue along with a cautious outlook. Analysts were mixed following the quarterly print. Shares of...
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Morgan Stanley: SanDisk Has 'Turned A Corner'
Thursday, October 1, 2015 - 8:00am | 322Read More...The share price of SanDisk Corporation (NASDAQ: SNDK) has decline 45.56 percent year-to-date, from the high of $99.80 on December 30, 2014. Morgan Stanley’s Joseph Moore has upgraded the rating from Equal-weight to Overweight, with a price target of $75. Moore believes that the...
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How Low Can Micron Go? Quite A Bit, If You Believe These Metrics
Wednesday, August 5, 2015 - 8:34am | 543Read More...In a report published Wednesday, Morgan Stanley analyst Joseph Moore discussed why he believes shares of Micron Technology, Inc. (NASDAQ: MU) can continue trading lower. According to Moore, weakness in DRAM pricing is expected to continue in the near-term, undergo a "brief improvement...
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Morgan Stanley: Keep Selling Micron Stock
Friday, June 26, 2015 - 10:28am | 283Read More...In a report published Friday, Morgan Stanley analyst Joseph Moore maintained an Underweight rating on Micron Technology, Inc. (NASDAQ: MU), while lowering the price target from $21 to $19. The company has guided to the August quarter significantly below the analyst's estimates, driven by...
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Morgan Stanley Downgrades Sandisk, Says Headwinds Are 'Intensifying'
Monday, June 15, 2015 - 9:04am | 302Read More...In a report published Monday, Morgan Stanley analyst Joseph Moore downgraded the rating on SanDisk Corporation (NASDAQ: SNDK) from Overweight to Equal-weight, while lowering the price target from $80 to $75. While there appears to be limited downside to the shares, the analyst expects the company...
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4 Analysts Weigh In On Ambarella's Results
Wednesday, June 3, 2015 - 12:22pm | 627Read More...Editor's note: This article was updated on June 3, 2015 to reflect that N. Quinn Bolton is an analyst for Needham & Company and not Stifel. Ambarella Inc (NASDAQ: AMBA) on Tuesday reported a better than expected first quarter results. By Wednesday morning, four of Wall Street's top...
