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Here's How BlackBerry Can Hit $500M In Software Revenue (And Win Over Investors)
Monday, December 14, 2015 - 10:41am | 352Read More...BlackBerry Ltd (NASDAQ: BBRY) shares are down 17 percent in the last six months, even after inching up through October and November. RBC Capital Markets’ Mark Sue maintained a Sector Perform rating on the company, with a price target of $8. The Priv launch and the acquisition of...
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RBC Maintains Outperform On Garmin Ahead Of 'Important Holiday Season For Wearables'
Wednesday, November 18, 2015 - 8:35am | 334Read More...Shares of Garmin Ltd. (NASDAQ: GRMN) have declined 32.46 percent year-to-date, reaching a low of $35.39 on November 13. RBC Capital’s Mark Sue has maintained an Outperform rating on the company, with a price target of $40. In the near term, the company’s dividend yield of 6...
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RBC Downgrades F5 Networks, Says Neither Dividends Nor Catalysts Are Coming
Thursday, October 29, 2015 - 9:22am | 346Read More...F5 Networks, Inc. (NASDAQ: FFIV) has seen an 8.57 percent decline in its share price year-to-date, from a high of $132.71 on December 30, 2014. RBC Capital’s Mark Sue has downgraded the rating on the company from Outperform to Sector Perform, while lowering the price target from $130...
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Early Wall Street Reactions To Cisco's Impressive Earnings
Thursday, August 13, 2015 - 9:46am | 483Read More...Cisco Systems, Inc. (NASDAQ: CSCO) reported better-than-expected fourth-quarter results after Wednesday's market close. Shares were up more than 4 percent shortly after Thursday's opening bell. Several analysts offered an early analysis of the print. William Blair: Strong Quarter...
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RBC Moves To Sidelines On Radware, But Long-Term Investors Have Positives
Wednesday, July 29, 2015 - 10:07am | 266Read More...In a report published Wednesday, RBC Capital analyst Mark Sue downgraded the rating on Radware Ltd. (NASDAQ: RDWR) from Outperform to Sector Perform, while lowering the price target from $29 to $20, on concerns that the company might continue to face execution challenges in Asia for another two...
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RBC: Buy Fitbit, It's 'Not A Fad'
Tuesday, June 30, 2015 - 10:06am | 358Read More...In a report published Tuesday, RBC Capital analyst Mark Sue initiated coverage of Fitbit Inc (NYSE: FIT) with an Outperform rating and $45 price target. According to the RBC Capital report, "The connected health/fitness market is in the early growth stages, Fitbit is rapidly gaining share...
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'All Eyes' On BlackBerry Next Week
Thursday, June 18, 2015 - 2:10pm | 431Read More...BlackBerry Ltd (NASDAQ: BBRY) could dump its operating system in favor of Android-based devices, even as it increasingly emphasizes software sales, an analyst said Thursday. RBC Capital's Mark Sue said an Android-based device might now be in the works at BlackBerry, in a "first step...
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RBC Upgrades Corning, Says It Has 'Stronger Gorilla Long-Term'
Tuesday, June 16, 2015 - 10:44am | 239Read More...In a report published Tuesday, RBC Capital analyst Mark Sue upgraded the rating on Corning Incorporated (NYSE: GLW) from Sector Perform to Outperform, with a price target of $26, based on the company's strong cash returns, improvements in EPS growth in CY16, greater Optical scale and the awaited 4K...
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RBC Sees 'Land-Grab' Opportunity For Mobileiron
Thursday, March 26, 2015 - 3:44pm | 233Read More...Mobileiron Inc (NASDAQ: MOBL) stands to make hay from a trend toward employees using their own computer devices on secure corporate networks, an analyst said Thursday. RBC Capital's Mark Sue launched coverage on the mobile device management company with a Buy rating and $13 target....
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Cisco Systems, Inc. Could Unlock 50% Upside By Following eBay Inc Model
Wednesday, October 1, 2014 - 4:27pm | 155Read More...Cisco Systems, Inc. (NASDAQ: CSCO) should follow the lead of eBay Inc (NASDAQ: EBAY), according to RBC Capital Markets analyst Mark Sue, by unlocking shareholder value via spinoffs. Sue feels the fast growing wireless, security and data center segments, which generate more $10 billion annually...
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RBC Capital Markets Upgrades Arris Group on Cable Modem Market Position
Tuesday, January 7, 2014 - 1:08pm | 261Read More...In a report published Tuesday, RBC Capital Markets analyst Mark Sue upgraded Arris Group, Inc. (NASDAQ: ARRS) to Outperform from Sector Perform, raising its price target from $118.00 to $128.00. According to the article, the upgrade is based on market share gains from competitor Cisco, who seems...
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Analysts Comment on BlackBerry's Weak 3Q14
Friday, December 20, 2013 - 5:18pm | 360Read More...Analysts Comment on BlackBerry's (NASDAQ: BBRY) weak third quarter 2014 results. BlackBerry reported third quarter adjusted EPS of $0.67 vs $0.43 estimate. EPS were down 205% from the same quarter last year. Revenue was reported at $1.19B versus the estimate of $1.58. The company also noted that...
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RBC Capital Markets Lowers Price Target For Qualcomm Incorporated (QCOM)
Thursday, April 22, 2010 - 2:42pm | 73Read More...Analysts Mark Sue and Joseph Longobardi at RBC Capital Markets have lowered the price target for Qualcomm Incorporated (NASDAQ: QCOM) from $55 to $48. The company reported its second-quarter results on Wednesday. Qualcomm reported second-quarter EPS of $0.59, ahead of consensus estimate of $0.57....
