Summit Research Partners

Alibaba Group Holding Ltd (NYSE: BABA) shares are down 41 percent year-to-date, and are currently trading significantly short of their 52-week high of $120. Summit Research Partners analyst Henry Guo maintained a Buy rating for the company, while reducing the price target from $91 to $81...

Srini Sundararajan of Summit Research Partners commented in a note on Monday that Micron Technology, Inc. (NASDAQ: MU) remains a “value play” ahead of its first quarter results. “We think that Micron will report a slight beat on the quarter on both revenue and earnings per...

Summit Research Partners reiterated its Buy rating and $50 price target on Micron Technology, Inc. (NASDAQ: MU) Wednesday citing “tailwinds galore” for the stock. Analyst Srini Sundararajan noted that "MU's forward P/E hovers around 8 when both the underlying markets DRAM...

When asked if he had heard the Dealreporter rumor that both International Business Machines Corp. (NYSE: IBM) and Oracle Corporation (NYSE: ORCL) are interested in FireEye Inc (NASDAQ: FEYE), Summit Research Partners Analyst Richard Williams told Benzinga that IBM would make more sense. “...

Richard Williams, an analyst with Summit Research Partners, told Benzinga that it wouldn’t surprise him if both International Business Machines Corp. (NYSE: IBM) and Oracle Corporation (NYSE: ORCL) are interested in FireEye Inc (NASDAQ: FEYE). “The bottom line is, FireEye has got...

Summit Research Partners commented on the Cypress Semiconductor Corporation (NASDAQ: CY) and Spansion Inc. (NYSE: CODE) merger saying that the deal represents a "sum greater than its parts." Analyst Srini Sundararajan noted that “In a Silicon Valley match made in heaven, CY...

Shares of FireEye Inc (NASDAQ: FEYE) dropped a dismal 14 percent at Wednesday's opening bell following a top-line miss on its third quarter earnings report. Following the report, Summit analyst Richard Williams released a note providing some insight into the company's performance....

A Symantec Corporation (NASDAQ: SYMC) break-up may be positive, according to a note issued by Summit Research Partners on Wednesday. The note mentioned a Bloomberg news report suggesting Symantec is “in advanced talks to split up its business into two entities, with one that sells...

Oracle Corporation (NYSE: ORCL) hosted an analyst meeting Thursday. The stock closed Friday at $38.89, up 1.62 percent. Here are highlights from some of the analysts who attended the meeting. Cantor Fitzgerald - Buy, $48 Price Target "Oracle's transition into the cloud has been a...

DealReport is out with a note commenting the cross-border merger of the two largest semiconductor equipment firms, Applied Materials (NASDAQ: AMAT) and Tokyo Electron. Summit Research Partners analyst Srini Sundararajan said Tokyo Electron is serious about making a deal. Commenting on Tokyo...