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Fly News Breaks for October 8, 2018
IPGP, AAPL, LITE
Oct 8, 2018 | 09:30 EDT
Needham analyst Alex Henderson kept his Strong Buy rating and $90 price target on Lumentum, saying its 7% decline in the stock price on Friday was "unwarranted". The analyst attributes the decline to the overall negative impact on Apple (AAPL) supply chain names from the China hacking, speculation that Apple may build its own VCSELs for 3D, and the negative pre-announcement by IPG Photonics (IPGP). Henderson contends however that Lumentum's business remains strong and its 3D sensing business is likely to be better than forecast. The analyst also sees the company's current valuation of 10.9-times enterprise value to his expected EBITDA as "surprisingly low".
News For LITE;AAPL;IPGP From the Last 2 Days
AAPL
Mar 28, 2024 | 12:20 EDT
Technology Analyst Kulkarni, along with Grand Simmons, VP of Kochava, a leading mobile measurement firm, discuss how Apple's SKAdNetwork (SKAN) evolved over the past three years on an Analyst/Industry conference call to be held on March 28 at 1 pm. Webcast Link
AAPL
Mar 27, 2024 | 16:24 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
AAPL
Mar 27, 2024 | 15:57 EDT
Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. GOVERNMENT SCRUTINY: The Biden... To see the rest of the story go to thefly.com. See Story Here
AAPL
Mar 27, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
AAPL
Mar 26, 2024 | 16:25 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
AAPL
Mar 26, 2024 | 12:26 EDT
"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: While... To see the rest of the story go to thefly.com. See Story Here
AAPL
Mar 26, 2024 | 12:08 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here