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For Qualcomm, Now Comes The 'Really, Really Hard Part'
Thursday, July 26, 2018 - 2:46pm | 669Qualcomm, Inc. (NASDAQ: QCOM) posted a strong earnings beat Wednesday, reflected in the stock’s 6.2-percent higher opening on Thursday. Earnings per share came in at $1.01 versus analysts’ 71-cent consensus estimate. Sales of $5.6 billion beat estimates by over $400 million....
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Analysts Weigh In On AMD Following Q2 Earnings Beat
Thursday, July 26, 2018 - 10:28am | 420Advanced Micro Devices, Inc.(NASDAQ: AMD) shares are up more than 11 percent Thursday after the company’s second-quarter earnings report topped lofty market expectations. A number of Wall Street analysts weighed in following the release. Voices From The Street KeyBanc analyst Michael...
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'Healthy' Chinese Smartphone Market Bodes Well For Qorvo, KeyBanc Says In Upgrade
Thursday, July 5, 2018 - 8:52am | 398Recent firsthand checks within Asia's smartphone supply chain continue to show positive demand trends in the Chinese smartphone market, according to KeyBanc Capital Markets. The Analyst KeyBanc's Michael McConnell upgraded Qorvo Inc (NASDAQ: QRVO) from Sector...
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Wall Street Reacts To Nvidia's Quarter
Friday, May 11, 2018 - 12:19pm | 742NVIDIA Corporation (NASDAQ: NVDA) reported another record quarter on Thursday, but the market wasn’t particularly impressed. Nvidia stock traded down more than 2 percent on Friday. Here’s what Wall Street analysts had to say about Nvidia following the report. Low-Quality Beat Deutsche...
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KeyBanc's Takeaways From Nvidia's Q1 Report
Friday, May 11, 2018 - 8:19am | 392NVIDIA Corporation (NASDAQ: NVDA) reported first-quarter results Thursday that were better than the Street anticipated — but the stock's premium valuation already reflects future growth, according to KeyBanc Capital Markets. The Analyst KeyBanc's Michael McConnell...
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Analysts Applaud Intel's Beat-And-Raise Q1 Earnings
Friday, April 27, 2018 - 3:26pm | 791Large-cap tech names posted strong quarterly results this earnings season, and Intel Corporation (NASDAQ: INTC) was no exception. The chip giant reported 13-percent revenue growth and a 32-percent increase in non-GAAP earnings per share Thursday; the company also raised its full-year revenue and...
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Intel's 'Blowout' Q1 Turns KeyBanc Incrementally Bullish
Friday, April 27, 2018 - 7:33am | 360Intel Corporation (NASDAQ: INTC) reported first-quarter results Thursday afternoon that KeyBanc Capital Markets described as a "blowout." The Analyst KeyBanc's Michael McConnell maintains an Overweight rating on Intel's stock with a price target lifted from $60 to $...
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After Nvidia Analyst Day, Wall Street Talks AV Testing, Artificial Intelligence, GPUs
Wednesday, March 28, 2018 - 1:48pm | 619NVIDIA Corporation (NASDAQ: NVDA) investors didn’t seem to get what they were hoping for at the tech company's analyst day Tuesday. The stock is now down more than 10 percent in the past two days. Here’s a sampling of what analysts had to say about Nvidia after the company'...
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A Bidding War For Microsemi Is 'Unlikely,' KeyBanc Says
Monday, March 5, 2018 - 11:13am | 343Microchip Technology Inc. (NASDAQ: MCHP) reached an agreement to acquire Microsemi Corporation (NASDAQ: MSCC) for $8.35 billion or $68.78 per share in a deal likely to close this year with no competing bids, according to KeyBanc. The Analyst KeyBanc Capital Markets' Michael McConnell...
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KeyBanc Has Valuation Concerns With Nvidia's Stock
Friday, February 9, 2018 - 8:20am | 386NVIDIA Corporation (NASDAQ: NVDA) reported a strong earnings beat, but wasn't strong enough for at least one analyst to turn bullish on the stock. The Analyst KeyBanc Capital Markets' Michael McConnell maintains a Sector Weight rating on Nvidia's stock with no assigned price target...
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Intel's Earnings Beat: The Sell-Side Weighs In
Friday, January 26, 2018 - 3:30pm | 570Intel Corporation (NASDAQ: INTC) shares were up 10 percent Friday after the company’s fourth-quarter earnings report blew expectations out of the water. A number of Wall Street analysts weighed in on Intel following the report. Voices From The Street Oppenheimer analyst Rick Schafer said...
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Why Keybanc Is As Bullish As Ever On Marvell Technology
Wednesday, November 29, 2017 - 9:40am | 401Marvell Technology Group Ltd. (NASDAQ: MRVL) reported third quarter earnings Tuesday, with a top- and bottom-line beat and encouraging guidance for the fourth quarter. The Analyst KeyBanc Capital Markets' Michael McConnell maintains an Overweight rating on Marvell's stock with a...
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Nvidia Impresses At 2017 Supercomputing Conference, KeyBanc Says
Tuesday, November 14, 2017 - 11:07am | 423After NVIDIA Corporation (NASDAQ: NVDA) reported stellar quarterly results, which propelled the stock by over 5 percent, the company is back in the spotlight yet again. Nvidia hosted two investor events at the 2017 Supercomputing Conference, or SC17, on Monday. The Analyst KeyBanc Capital...
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Nvidia's Q3 Success Dampens Fear Of Gaming Growth Slowdown
Friday, November 10, 2017 - 12:13pm | 395NVIDIA Corporation (NASDAQ: NVDA)'s third quarter earnings report consisted of a top and bottom line beat, but some analysts are now questioning the sustainability of its recent momentum, especially in the key gaming segment. The Analyst KeyBanc Capital Markets' Michael...
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Buy Marvell? The Rumored Deal With Cavium Has Real Potential
Monday, November 6, 2017 - 9:20am | 399Shares of Cavium Inc (NASDAQ: CAVM) were trading higher by more than 13 percent early Monday in reaction to the Wall Street Journal's report last week that the company is in talks to combine its business with Marvell Technology Group Ltd. (NASDAQ: MRVL). As part of a potential merger,...