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QCOM

Qualcomm

$51.98

0.06 (0.12%)

, TSM

TSMC

$35.98

0.12 (0.33%)

07:22
08/22/17
08/22
07:22
08/22/17
07:22

Qualcomm developing 3D depth sensing technology, DigiTimes says

Qualcomm (QCOM) is collaborating with its ecosystem partners to work on 3D depth sensing technology for Android smartphones powered the Snapdragon mobile chips, DigiTimes reports, citing the company. Taiwan Semiconductor Manufacturing Company (TSM) and Himax Technologies (HIMX) are included in the companies partnering with Qualcomm for the technology, which the company expects to be ready for volume production as early year end and shipped to the Android camp starting 2018. Reference Link

QCOM

Qualcomm

$51.98

0.06 (0.12%)

TSM

TSMC

$35.98

0.12 (0.33%)

HIMX

Himax

$8.37

0.16 (1.95%)

  • 23

    Aug

  • 05

    Sep

  • 06

    Sep

QCOM Qualcomm
$51.98

0.06 (0.12%)

08/07/17
MSCO
08/07/17
NO CHANGE
Target $117.5
MSCO
Equal Weight
NXP Semiconductors target raised above deal price to $117 at Morgan Stanley
Morgan Stanley analyst Craig Hettenbach believes NXP Semiconductors (NXPI) shareholders "have the upper hand" in seeking to push for a higher takeout price from Qualcomm (QCOM), while also thinking a higher bid would be "inconsequential" to Qualcomm's balance sheet and deal accretion. The analyst, who sees momentum building for a higher deal price and a "hard time believing" Qualcomm would walk away rather than raise the price and get a deal done, raised his price target on NXP to $117.50 from $110. He keeps an Equal Weight rating on NXP shares.
07/31/17
WELS
07/31/17
NO CHANGE
WELS
Wells Fargo downgrades Semiconductor sector to Market Weight
Wells Fargo analyst David Wong downgraded the Semiconductor sector to Market Weight from Overweight. Recent earnings reports from chip companies suggest that year-over-year growth will likely plateau or perhaps even decelerate over the next few months, Wong tells investors in a research note. He believes many chip stocks now have "elevated multiples" off calendar 2018 earnings estimates. Wong still sees good investment opportunities in some specific stocks, however, and reiterates Outperform ratings on Intel (INTC), Qualcomm (QCOM), Micron (MU), AMD (AMD), Skyworks (SWKS) and Microsemi (MSCC).
07/20/17
COWN
07/20/17
NO CHANGE
Target $70
COWN
Qualcomm customers unlikely to take business to Intel, says Cowen
Cowen analyst Timothy Arcuri said the June quarter for Qualcomm (QCOM) was okay while the September quarter outlook was bad because Samsung (SSNLF) now is withholding full royalties on top of Apple (AAPL). The analyst said there aren't many more levers these customers can pull short of taking their business to Intel (INTC), but he believes that is unlikely given the performance gap. Arcuri believes the risk/reward is still favorable and maintained his Outperform rating and $70 price target on Qualcomm shares.
08/09/17
BNCH
08/09/17
NO CHANGE
BNCH
Buy
CEVA could be pressured by latest in Qualcomm-Apple fight, says Benchmark
Benchmark analyst Gary Mobley noted that Qualcomm (QCOM) announced that the ITC has commenced an investigation into Apple's (AAPL) use of certain mobile devices, radio frequency and processing components" as the companies continue their legal fight over disputed royalties. Intel (INTC) and Qualcomm currently split the iPhone 7 thin modem business and it is expected they'll also evenly split the iPhone 8 business, said Mobley, who noted that CEVA (CEVA) could lose $2M-$2.5M in annual royalties if the Intel-based phones are banned for U.S. import. He keeps a Buy rating on CEVA shares, which are down fractionally in early trading.
TSM TSMC
$35.98

0.12 (0.33%)

06/21/17
HSBC
06/21/17
DOWNGRADE
HSBC
Hold
TSMC downgraded to Hold from Buy at HSBC
HSBC analsyt Steven Pelayo downgraded TSMC to Hold citing valuation.
06/22/17
06/22/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. CarMax (KMX) downgraded to Neutral from Positive at Susquehanna with analyst Ali Faghri saying "more challenging comparisons and moderating tailwinds" from online initiatives "will lead to a gradual slowdown in sales trends." 2. DuPont Fabros (DFT) was downgraded to Sector Weight from Overweight at KeyBanc and to Market Perform from Outperform at Raymond James. 3. TSMC (TSM) downgraded to Hold from Buy at HSBC with analyst Steven Pelayo citing valuation. 4. Sandstorm Gold (SAND) downgraded to Neutral from Outperformer at CIBC. 5. Dana Holding (DAN) downgraded to Hold from Buy at Deutsche Bank with analyst Rod Lache saying the stock has risen to within 5% of the firm's target. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/13/17
DAIW
07/13/17
DOWNGRADE
DAIW
Outperform
TSMC downgraded to Outperform from Buy at Daiwa
07/13/17
DAIW
07/13/17
DOWNGRADE
DAIW
Outperform
TSMC downgraded to Outperform after earnings at Daiwa
Daiwa analyst Rick Hsu downgraded TSMC downgraded to Outperform from Buy following the company's Q2 results. The analyst cites valuation for the downgrade and notes the company's Q3 business guidance missed expectations. Hsu expects TSMC to make up for the Q3 revenue shortfall in Q4, however, and continues to like the company's long-term fundamentals.
HIMX Himax
$8.37

0.16 (1.95%)

07/21/17
RSBL
07/21/17
DOWNGRADE
RSBL
Sell
Himax downgraded to Sell from Neutral at Rosenblatt
Rosenblatt analyst Jun Zhang downgraded Himax to Sell and cut its price target to $6 saying a price war is shrinking the panel driver TAM and expectations are for the company's WLO/DOE business. Additionally, the analyst said TV inventory levels have increased recently and expects TV makers to start cutting fully ear shipment targets and expects Q3 year-over-year panel shipments will drop 8%-9%, which will also impact panel driver IC shipment volumes.
08/04/17
BARD
08/04/17
UPGRADE
BARD
Outperform
Himax upgraded to Outperform from Neutral at Baird
08/04/17
BARD
08/04/17
UPGRADE
Target $10
BARD
Outperform
Himax upgraded to Outperform at Baird
As reported previously, Baird analyst Tristan Gerra upgraded Himax to Outperform form Neutral based on incremental revenue and mix opportunities from 3D sensors starting next year. He said the ramp remains solidly on track, but the stock's valuation does not seem to reflect the 3D camera module ramp opportunities. Gerra raised his price target to $10 from $6 on Himax shares.
08/04/17
FBCO
08/04/17
UPGRADE
Target $11.3
FBCO
Outperform
Himax upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse analyst Jerry Su upgraded Himax to Outperform from Neutral and raised his 2018 and 2019 estimates for the company citing expectations for better DDI sales and his belief that its Diffractive Optical Element, or DOE, will be used in Apple's (AAPL) upcoming iPhone. He raised his price target on Himax shares to $11.30 from $8.70.

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RCII

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AR

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T

AT&T

$37.21

0.06 (0.16%)

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Time Warner

$93.36

0.39 (0.42%)

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T

AT&T

$37.21

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TWX

Time Warner

$93.36

0.39 (0.42%)

VZ

Verizon

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0.36 (0.70%)

CMCSA

Comcast

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CMCSK

Comcast

DISH

Dish

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0.1 (0.22%)

CHTR

Charter

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DIS

Disney

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VIA

Viacom

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VIAB

Viacom

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GRPN

Groupon

$5.57

0.46 (9.00%)

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CELG

Celgene

$102.65

0.93 (0.91%)

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VALU

Value Line

$19.60

0.3 (1.55%)

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VALU

Value Line

$19.60

0.3 (1.55%)

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Value Line declares special dividend of 20c per share »

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ZEAL

Zealand Pharma

$15.05

-0.78 (-4.93%)

17:34
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GNMSF

Genmab

$190.75

2.75 (1.46%)

, JNJ

Johnson & Johnson

$147.36

0.44 (0.30%)

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Genmab

$190.75

2.75 (1.46%)

JNJ

Johnson & Johnson

$147.36

0.44 (0.30%)

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HII

Huntington Ingalls

$242.12

5.24 (2.21%)

17:21
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Huntington Ingalls awarded $125.2M government contract modification »

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BAESY

BAE Systems

$33.30

0.18 (0.54%)

, GD

General Dynamics

$209.10

1.3 (0.63%)

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BAE Systems, General Dynamics awarded $237.6M government contract modification »

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BAE Systems

$33.30

0.18 (0.54%)

GD

General Dynamics

$209.10

1.3 (0.63%)

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SYRS

Syros Pharmaceuticals

$10.80

0.27 (2.56%)

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WTFC

Wintrust Financial

$87.81

0.96 (1.11%)

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TWTR

Twitter

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ITEK

Inotek Pharmaceuticals

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OIS

Oil States

$32.80

0.35 (1.08%)

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AVGO

Broadcom

$266.39

-3.41 (-1.26%)

, QCOM

Qualcomm

$68.04

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Broadcom

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QCOM

Qualcomm

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-0.01 (-0.01%)

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TRNC

tronc

$19.53

0.3 (1.56%)

16:37
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AP

Ampco-Pittsburgh

$14.20

0.15 (1.07%)

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CG

Carlyle Group

$24.35

-0.05 (-0.20%)

, UBSH

Union Bankshares

$38.79

0.54 (1.41%)

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CG

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UBSH

Union Bankshares

$38.79

0.54 (1.41%)

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ANDX

Andeavor Logistics

$52.52

0.12 (0.23%)

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Options
Preliminary option volume of 22.8M today »

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TRNC

tronc

$19.53

0.3 (1.56%)

16:26
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