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Why This Qualcomm Analyst Is Turning Bullish
Monday, August 3, 2020 - 1:26pm | 373Read More...Qualcomm, Inc. (NASDAQ: QCOM) is an interesting option for investors willing to look beyond the pandemic for a 5G pure play, according to Bernstein. The Qualcomm Analyst: Stacy Rasgon upgraded Qualcomm from Market Perform to Outperform and raised the price target from $105 to $135. The...
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Bernstein Downgrades 'Hamstrung' Nvidia
Monday, February 11, 2019 - 10:23am | 371Read More...NVIDIA Corporation (NASDAQ: NVDA) has bounced back after a horrendous second half of 2018, but one Wall Street analyst said Monday that Nvidia is far from out of the woods. The Analyst Bernstein analyst Stacy Rasgon downgraded Nvidia from Outperform to Market Perform and lowered the price target...
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3 Reasons Why Bernstein Downgraded Intel
Tuesday, June 26, 2018 - 9:50am | 351Read More...Intel Corporation (NASDAQ: INTC) got some love from Wall Street after its most recent quarterly report, but one Wall Street analyst said the software company has too many structural issues for investors to own the stock long-term. The Analyst Bernstein analyst Stacy Rasgon downgraded Intel...
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Bernstein Pumps The Brakes On AMD: 'Expectations Have Soared'
Saturday, June 23, 2018 - 9:23am | 393Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) shares have climbed 62 percent year-to-date. Yet AMD’s fundamental performance may not be as rosy as the market seems to think, according to Bernstein. The Analyst Bernstein analyst Stacy Rasgon on June 20 reiterated a Market Perform...
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Investors 'Wait With Baited Breath' Following Conflicting Reports On Qualcomm-NXP Deal
Friday, June 15, 2018 - 9:03am | 643Read More...Shares of NXP Semiconductors (NASDAQ: NXPI) and QUALCOMM, Inc. (NASDAQ: QCOM) were volatile Friday on conflicting reports about the companies’ proposed merger. What Happened The South China Morning Post reported late Thursday that Chinese regulators approved Qualcomm’s acquisition of...
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What Wall Street Thinks Of Broadcom's Q2 Earnings
Friday, June 8, 2018 - 3:09pm | 805Read More...The Street’s been bullish on Broadcom Inc (NASDAQ: AVGO) over the past month, and the quarter’s adjusted bottom-line and top-line beats only strengthened their conviction. Charter Equity, Bernstein, Credit Suisse and Jefferies raised their estimates on the company following Thursday...
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Wall Street Reacts To Nvidia's Quarter
Friday, May 11, 2018 - 12:19pm | 742Read More...NVIDIA 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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Bernstein's Bearish Stance On Intel No Longer Justified
Friday, April 27, 2018 - 9:05am | 364Read More...Intel Corporation (NASDAQ: INTC) reported its first quarter results, which prompted a notable bear analyst to upgrade the stock. The Analyst Bernstein's Stacy Rasgon upgraded Intel from Underperform to Market Perform with a price target lifted from $38 to $54. The Thesis Rasgon's prior...
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Bernstein Still Cautious On AMD Despite Big Quarter
Thursday, April 26, 2018 - 8:35am | 332Read More...There was a lot for investors to like about Advanced Micro Devices, Inc. (NASDAQ: AMD) earnings, but some analysts still say investors should approach the stock with caution. The Analyst Bernstein analyst Stacy Rasgon reiterated a Market Perform rating and $13 price target for AMD. The Thesis...
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Bernstein Cautious On Intel, AMD Before Quarterly Prints
Tuesday, April 24, 2018 - 3:37pm | 602Read More...The big two PC chipmakers, namely Intel Corporation (NASDAQ: INTC) and Advanced Micro Devices, Inc. (NASDAQ: AMD), are gearing up to release quarterly results in the coming days. A Bernstein analyst expressed uneasiness over the companies' prospects, with projections for structural...
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Forget Crypto: eSports Might Be Where It's At For Nvidia And AMD
Wednesday, April 11, 2018 - 1:05pm | 428Read More...Cryptocurrency has grabbed headlines in the semiconductor world in the past year, as demand for GPUs from miners created a shortage in the market and prompted retailers to drive prices through the roof. Semiconductor stocks like Advanced Micro Devices, Inc. (NASDAQ: AMD) and NVIDIA Corporation (...
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How Intel Might Be Affected If It Loses Apple As A Customer
Tuesday, April 3, 2018 - 11:19am | 698Read More...Intel Corporation (NASDAQ: INTC) stock tanked Monday following a report by Bloomberg that Apple Inc. (NASDAQ: AAPL) intends to start producing its own PC chips as soon as 2020. It didn’t take long for Wall Street to react to the latest threat to Intel’s business. Here’s a look at...
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Trump Blocks Broadcom-Qualcomm Deal Citing National Security Concerns
Tuesday, March 13, 2018 - 7:40am | 490Read More...Broadcom Ltd (NASDAQ: AVGO)'s proposed billion takeover of QUALCOMM, Inc. (NASDAQ: QCOM) hit a major setback that will put an end to the month-long pursuit. What Happened President Donald Trump on Monday rejected Singapore-based Broadcom's hostile takeover of U.S.-based Qualcomm due to...
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Bernstein: Buy Analog Devices Before The Street Catches On
Tuesday, February 20, 2018 - 11:25am | 365Read More...Analog Devices, Inc. (NASDAQ: ADI) has underperformed peers over the past year following its acquisition of Linear Technologies — which creates a favorable setup for investors, according to Bernstein. The Analyst Bernstein's Stacy Rasgon upgraded Analog Devices from Market-...
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Analysts Remain Divided On AMD After Earnings Beat
Wednesday, January 31, 2018 - 4:16pm | 566Read More...Advanced Micro Devices, Inc.(NASDAQ: AMD) shares were up 5.8 percent Wednesday after the company’s fourth-quarter earnings report topped lofty market expectations. A number of Wall Street analysts weighed in following the report. Voices From The Street Bernstein analyst Stacy...
