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After Q2 Beat, Blackberry May Go Shopping
Friday, September 29, 2017 - 1:47pm | 472Read More...As BlackBerry Ltd (NASDAQ: BBRY) continues its transition from hardware manufacturing to software and services, Canaccord Genuity expects an emerging emphasis on the internet of things, specifically through the firm’s Radar unit. But success may be stunted by the competitive landscape,...
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Analysts Take The Measure Of Apple's iPhone X
Thursday, September 14, 2017 - 9:05am | 904Read More...Apple Inc. (NASDAQ: AAPL), which has emerged as a Wall Street darling, sent sell-side into a tipsy with its long-awaited launch of its next iteration of iPhone, code named the iPhone X. Up until now, rumors were flying thick and fast concerning its features, functionalities, pricing, etc....
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Impact On Apple ETFs Following Analyst Downgrade
Thursday, August 3, 2017 - 8:49am | 561Read More...Shares of Apple Inc. (NASDAQ: AAPL) jumped 4.7 percent to record heights Wednesday after the iPhone maker reported fiscal third-quarter earnings of $1.67 per share on sales of $45.4 billion. Wall Street was expecting Apple to deliver earnings per share of $1.57 on revenue of $44.89 billion. Sell-...
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The Sell-Side Sentiment On Apple's Third Quarter
Wednesday, August 2, 2017 - 2:49pm | 552Read More...Apple Inc. (NASDAQ: AAPL) shares jumped more than 5 percent Wednesday, briefly pushing the Dow Jones Industrial Average above 22,000 for the first time. A number of Wall Street analysts weighed in on Apple following its huge second-quarter earnings report. Here’s a rundown of what they had to...
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Legal Battles, Merger With NXP Set Up Catalysts For Qualcomm This Year
Thursday, July 20, 2017 - 10:14am | 581Read More...Despite QUALCOMM, Inc. (NASDAQ: QCOM)’s ongoing legal battle with Apple Inc. (NASDAQ: AAPL), Canaccord Genuity analyst Michael Walkley still sees the company as a solid investment for long-term traders. Walkley reiterated a Buy rating and $70 price target (see Walkley's track record here)....
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Where Does Apple's Stock Go From Here?
Tuesday, May 16, 2017 - 2:05pm | 411Read More...Even after a 34 percent year-to-date gain, Warren Buffett isn’t finished buying Apple Inc. (NASDAQ: AAPL). Apparently, neither is Wall Street. The same week Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B)’s 13F filing revealed Buffett more than doubled his stake in Apple in Q1,...
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Apple Isn't Massively Benefiting From Samsung Note 7 Recall, But Google Pixel Is
Monday, November 21, 2016 - 3:53pm | 616Read More...While many have thought Apple Inc. (NASDAQ: AAPL) is the big winner from Samsung’s Note 7 recall, there is a catch. Samsung Recall's Lasting Effects There is no denying of the fact that Apple benefited from the recall, but the gain has not been as large as expected, with Apple’s own...
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The Street Already Preparing Estimates For Apple's 2018 Smartphone Cycle
Monday, November 21, 2016 - 2:11pm | 307Read More...2017 is still a handful of weeks away, but the Street is already coming out with 2018 estimates for Apple Inc. (NASDAQ: AAPL). Michael Walkley of Canaccord Genuity expects 2018 EPS of $10.08 on revenue of $246.18 billion and sees about 200 million to 250 million iPhone unit sales annually through...
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Buy Qualcomm For The Momentum In China, Stay For The NXP Acquisition
Thursday, November 3, 2016 - 2:01pm | 435Read More...Michael Walkley of Canaccord Genuity is bullish on QUALCOMM, Inc. (NASDAQ: QCOM), despite the company’s light guidance weighing on the shares, as an improved momentum in China and an NXP Semiconductors NV (NASDAQ: NXPI) deal would boost fundamentals. Following is a gist of Qualcomm’s...
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Canaccord Believes MiX Telematics Could Benefit From Long-Term Growth Drivers
Monday, September 12, 2016 - 2:49pm | 364Read More...Canaccord Genuity believes MiX Telematics Ltd -ADR (NYSE: MIXT) could gain from its investments on North and South America in order to fuel subscription revenue growth. As a result, the company could guard itself from macro trends from the oil and gas sector. These positive catalysts would be long-...
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Canaccord Lowers Apple's Target To $120, Anticipates Recovering Sales With iPhone 7 Launch
Thursday, June 23, 2016 - 11:37am | 291Read More...According to the most recent Canaccord surveys, Apple Inc. (NASDAQ: AAPL) iPhone customers are holding off on buying new devices until the iPhone 7 comes out. The resulting slump in iPhone average sales price (ASP) is the main reason that Canaccord analyst Michael Walkley has dropped his price...
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pdvWireless Target Cut At Canaccord After News Of FCC Extension
Tuesday, June 14, 2016 - 2:52pm | 196Read More...Canaccord's Michael Walkley cut pdvWireless Inc (NASDAQ: PDVW)'s price target from $79.00 to $50.00, maintaining the company's Buy rating. The rating change came after pdvWireless reported FY16Q4 EPS at $(0.47) vs. $(0.38) street estimates and revenues of $951 thousand vs. estimates of $1 million....
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iPhone 6 Upgrade Cycle Can Still Boost Apple, Says Canaccord
Tuesday, November 17, 2015 - 9:38am | 324Read More...Apple Inc. (NASDAQ: AAPL) shares are down 2 percent in the last three months, even after hitting a high of $122.97 on November 3. Canaccord Genuity’s Michael Walkley maintained a Buy rating on the company, with a price target of $160. The iPhone’s growing installed user base...
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Apple iPhone Maintaining 'Strong' High-End Smartphone Market Share, New Survey Data Shows
Wednesday, October 21, 2015 - 8:50am | 327Read More...Apple Inc. (NASDAQ: AAPL) shares are down 11 percent in the last six months, even after hitting a high of $132.07 on July 20. Canaccord Genuity’s Michael Walkley maintained a Buy rating on the company, with a price target of $160. Surveys indicate that the iPhone has maintained a...
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Analysts Hesitant On BlackBerry Following Weak Earnings
Wednesday, June 24, 2015 - 4:17pm | 547Read More...BlackBerry Ltd (NASDAQ: BBRY) released weaker-than-expected Q1 earnings on Monday, prompting a dip in the company's stock. Nevertheless, there were a few bright spots in the report, including positive signs for the tech firm's software business. The mixed signals have analysts on the...














