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Mizuho: Red Hat Valuation Leaves Little Room For Upside
Monday, March 12, 2018 - 3:44pm | 433Read More...While there is much to like about open source software provider, Red Hat Inc (NYSE: RHT), the company appears fully valued at current levels, according to Mizuho Securities. The Analyst Analyst Abhey Lamba downgraded the company from Buy to Neutral and lowered the price target...
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Mizuho: After Industry Consolidation, Cloudera Emerges As A Buy
Wednesday, January 10, 2018 - 2:41pm | 389Read More...Favorable trends earned the software name Cloudera Inc (NYSE: CLDR) an upgrade from Mizuho. The Analyst Mizuho Securities analyst Abhey Lamba upgraded shares of Cloudera from Neutral to Buy and raised his price target for the shares from $18 to $21. The Thesis The adoption...
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Mizuho Takes Bullish Stance On Ultimate Software After Company's 'Growing Pains'
Monday, January 8, 2018 - 5:25pm | 474Read More...The Ultimate Software Group, Inc. (NASDAQ: ULTI) received an upgrade from Mizuho in a note that said the company is overcoming recently delays and employing a "healthy conservatism" in its 2018 forecast. The Analyst Mizuho analyst Abhey Lamba upgraded shares of Ultimate Software...
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Following Mizuho's Surprising Apple Downgrade, Looking Back At Tim Cook's Comments On China
Tuesday, June 13, 2017 - 3:48pm | 374Read More...Mizuho's Abhey Lamba's downgrade of Apple Inc. (NASDAQ: AAPL) was party based on the belief that contributions from the key Chinese market will fall short of expectations over time. But what does Apple's CEO Tim Cook have to say about its prospects in China? Speaking to Bloomberg Television's Emily...
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Cramer: The Mizuho Analyst Who Downgraded Apple Is Looking To Make A Name For Himself
Monday, June 12, 2017 - 12:32pm | 383Read More...Apple Inc. (NASDAQ: AAPL)'s stock has been on fire for most of 2017 — that is, until Friday's marketwide sell-off sent shares lower. But the decline carried over into Monday's trading session after Mizuho's Abhey Lamba downgraded the stock from Buy to Neutral with a price target lowered from...
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Analysis: Even An iPhone Super Cycle Doesn't Make Apple Shares A Buy At These Levels
Monday, June 12, 2017 - 8:57am | 414Read More...Shares of Apple Inc. (NASDAQ: AAPL) were trading lower by more than 2 percent early Monday morning after a rare Wall Street downgrade. Mizuho's Abhey Lamba downgraded Apple's stock from Buy to Neutral with a price target lowered from $160 to $150 following a meaningful outperformance since the...
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HP Inc Needs To Focus On Stabilizing The Business
Thursday, May 26, 2016 - 11:59am | 360Read More...HP Inc (NYSE: HPQ) reported better-than-expected EPS for its second quarter, with revenues modestly below consensus. However, the PC and printer maker slashed the high-end of its FY16 EPS view on weak printing business and tepid IT spending. Amid slowing PC business, HP is relying on printing...
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Is Apple's Turnaround Real?
Monday, May 23, 2016 - 4:24pm | 252Read More...Taiwan's stock exchange spiked higher on Monday, led by notable technology names that count themselves as key members of Apple Inc. (NASDAQ: AAPL)'s supply chain. Taiwan's Economic Daily reported Apple told its suppliers to prepare for a total production run of 72 to 78 million smartphones —...
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Investors See The End Of Tableau's Momentum, Even As Q4 Figures Pass Expectations
Thursday, February 4, 2016 - 6:47pm | 328Read More...Investors may have been stunned by Tableau Software Inc (NYSE: DATA)'s 50 percent drop in share price Thursday evening, but analysts were not. Despite beating Wall Street's earnings and revenue forecast for the fourth quarter, the company missed its crucial licensing revenue mark. The...
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EMC A Buy 'Purely' From Arbitrage Perspective, Says Mizuho Tech Analyst
Thursday, January 28, 2016 - 1:12pm | 228Read More...Mizuho Securities on Wednesday issued a note on EMC Corporation (NYSE: EMC) after analysts noted a potential arbitrage opportunity. The firm upgraded EMC from Neutral to Buy and lowered its price target from $30 to $28.50. Analyst Abhey Lamba wrote, "We are upgrading EMC... purely from a...
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Apple Bears Missing The Big Picture, Says Mizuho's Abhey Lamba
Tuesday, January 26, 2016 - 4:40pm | 332Read More...Mizuho's Abhey Lamba holds a Buy rating on Apple Inc. (NADSAQ:AAPL) with a $120 price target. What's the upside for shares? According to the analyst, it's the "bigger picture." Lamba told CNBC that while investors can extrapolate short-term figures into "eternity,...
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Mizuho Upgrades Apple To Buy, Sees $120 As Investors 'Missing The Forest'
Monday, January 11, 2016 - 9:27am | 240Read More...The share price of Apple Inc. (NASDAQ: AAPL) has declined 16.54 percent over the past one month, falling to a low of $96.45 on January 7. Mizuho’s Abhey Lamba has upgraded the rating on the company from Neutral to Buy, while lowering the price target from $125 to $120. Lamba...
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Mizuho Doesn't See Apple Watch Moving The Needle Anytime Soon
Wednesday, September 30, 2015 - 8:11am | 312Read More...Apple Inc. (NASDAQ: AAPL) shares have declined 12.42 percent in the past three months, reaching a low of $103.12 on August 24. Mizuho’s Abhey Lamba has maintained a Neutral rating and price target of $125 on the company. Mizuho’s recent watch survey showed that Apple Watch was...
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Mizuho Securities Analyst: iPhone Sales To Slow Down
Wednesday, April 29, 2015 - 12:32pm | 400Read More...Apple Inc. (NASDAQ: AAPL) posted spectacular results following the market close on back of a 55 percent increase in iPhone shipments. However, Abhey Lamba of Mizuho Securities feels that this iPhone run is going to end soon. He was on CNBC Tuesday to discuss why that will happen and how it will...
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Mizuho: Apple Outlook Implies Big iPhone Slowdown
Monday, April 27, 2015 - 5:40pm | 186Read More...Apple Inc. (NASDAQ: AAPL)'s revenue forecast for its current quarter implies a significant slowdown in smartphone sales, an analyst said Monday. Apple, which beat fiscal second quarter expectations after the bell Monday, changed hands recently at $134.91, up 1.7 percent. See Also: Apple...
