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DELL

Dell Technologies

$48.46

1.55 (3.30%)

06:59
08/19/19
08/19
06:59
08/19/19
06:59

Dell Technologies price target lowered to $60 from $62 at Deutsche Bank

Deutsche Bank analyst Jeriel Ong lowered his price target for Dell Technologies to $60 from $62 and maintained a Buy rating, saying that across the semiconductor, hardware, and networking verticals, his firm has observed cautious macro commentary that leads him to believe that a more conservative forecast for Dell estimates is reasonable and warranted. The analyst lowered his his EPS estimates for FY20/FY21 by ~3% with the revenue changes exclusively in Dell's ISG segment, predominantly within Storage where he now forecasts y/y revenue declines in FY20, but some within Servers & Networking as well. While Ong says he sees Dell as a long-term share gainer in the market, he feels that a company with a revenue line of ~$90B+ is unlikely to be immune to a weakening broader macro spending dynamic.

  • 29

    Aug

DELL Dell Technologies
$48.46

1.55 (3.30%)

08/09/19
RBCM
08/09/19
NO CHANGE
Target $44
RBCM
Outperform
AMD announcement with Cray didn't get attention it deserved, says RBC Capital
RBC Capital analyst Mitch Steves said the focus during AMD's (AMD) launch event was clearly on Google Cloud (GOOGL) and enterprise wins with HPE (HPE) and Dell (DELL), but he contends that the company's announcement with Cray (CRAY) "did not get the attention it deserved." Looking at the build of materials for the Cray products, the combined content for AMD is likely around 25% and he "wouldn't be surprised to see 15-20%" of the $1B in bookings go to AMD, said Steves, who raised his "Street high" price target on AMD shares to $44 from $43 and keeps an Outperform rating on the stock.
08/15/19
JEFF
08/15/19
NO CHANGE
Target $213
JEFF
Buy
VMware office price for Pivotal represents attractive multiple, says Jefferies
VMware (VMW) indicated last night in a regulatory filing negotiations to purchase the remaining shares of Pivotal Software (PVTL) at $15 per share in cash, which, while a significant 81% premium to Pivotal's $8.30 closing price, represents an "attractive" recurring revenue multiple for a growing asset, Jefferies analyst John DiFucci tells investors in a research note. He estimates the remaining approximate 35% public float not currently owned by VMware and Dell Technologies (DELL) would cost about $1.4B. The analyst keeps a Buy rating on VMware with a $213 price target.
08/15/19
WEDB
08/15/19
NO CHANGE
Target $15
WEDB
Neutral
Pivotal Software acquisition not 'clear plug and play fit,' says Wedbush
Wedbush analyst Daniel Ives notes that VMware (VMW) filed a 13D reporting it is currently in negotiations with Pivotal Software (PVTL) to acquire the company. While the underlying cloud assets and complex developer tool ecosystem will add to the VMware product footprint and potentially expand opportunities within its installed base around cross-selling, acquiring this asset is "not a clear plug and play fit" in his opinion. Ives believes shareholders of VMware will have mixed feelings about this news given Pivotal's roots back to Dell/EMC and the history/current ownership structure of Michael Dell between the three companies. The analyst has a Neutral rating and $15 price target on Pivotal's shares.
08/15/19
WELS
08/15/19
NO CHANGE
Target $68
WELS
Outperform
Pivotal/VMware deal positive for Dell Technologies, says Wells Fargo
Wells Fargo analyst Aaron Rakers notes that VMWare (VMW) disclosed that it is in discussions with Pivotal Software (PVTL) to buy the remainder of the company for $15/share, and a transaction will result in Dell (DELL) increasing its share in VMWare by approximately $2B dollars or 3% increase in ownership. The analyst thinks that the deal is positive for Dell in that it helps streamline the organizations ownership structure potentially leading to a decrease in the company's conglomerate discount. Rakers has an Outperform rating and a $68 price target on Dell's shares.

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CZZ

Cosan

$14.97

0.175 (1.18%)

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AERI

Aerie Pharmaceuticals

$22.93

1.29 (5.96%)

06:33
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XLNX

Xilinx

$103.59

-1.3 (-1.24%)

06:32
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06:32
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06:32
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Xilinx rating change  »

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  • 23

    Oct

AESE

Allied Esports Entertainment

$6.09

0.33 (5.73%)

06:30
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06:30
Syndicate
Breaking Syndicate news story on Allied Esports Entertainment »

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NMM

Navios Maritime Partners

$17.92

-0.27 (-1.48%)

06:30
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Initiation
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SPWR

SunPower

$15.09

0.67 (4.65%)

06:29
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Breaking Syndicate news story on SunPower »

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MO

Altria Group

$40.11

-0.73 (-1.79%)

, PM

Philip Morris

$71.70

0.12 (0.17%)

06:28
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Altria Group

$40.11

-0.73 (-1.79%)

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Philip Morris

$71.70

0.12 (0.17%)

03/08/13
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INTC

Intel

$51.58

-0.15 (-0.29%)

, AMD

AMD

$30.27

-0.16 (-0.53%)

06:27
09/20/19
09/20
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06:27
Recommendations
Intel, AMD, Western Digital, Micron, Nvidia analyst commentary  »

Mizuho checks indicate…

INTC

Intel

$51.58

-0.15 (-0.29%)

AMD

AMD

$30.27

-0.16 (-0.53%)

WDC

Western Digital

$62.64

-0.9 (-1.42%)

MU

Micron

$49.82

-0.67 (-1.33%)

NVDA

Nvidia

$176.91

-3.09 (-1.72%)

03/08/13
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TCP

TC PipeLines

$40.82

0.09 (0.22%)

06:26
09/20/19
09/20
06:26
09/20/19
06:26
Upgrade
TC PipeLines rating change  »

TC PipeLines upgraded to…

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HUMRF

Hummingbird

$0.00

(0.00%)

06:21
09/20/19
09/20
06:21
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06:21
Initiation
Hummingbird initiated  »

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XENE

Xenon Pharmaceuticals

$9.30

-0.01 (-0.11%)

06:21
09/20/19
09/20
06:21
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06:21
Initiation
Xenon Pharmaceuticals initiated  »

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  • 02

    Oct

ADDYY

Adidas

$0.00

(0.00%)

06:20
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09/20
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06:20
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Adidas initiated  »

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W

Wayfair

$128.67

-3.065 (-2.33%)

06:20
09/20/19
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06:20
Initiation
Berenberg starts Wayfair with Sell rating on intensifying competition »

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SQ

Square

$59.08

-0.63 (-1.06%)

06:20
09/20/19
09/20
06:20
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06:20
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Square analyst commentary  »

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  • 24

    Sep

  • 27

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  • 06

    Nov

FB

Facebook

$190.15

1.96 (1.04%)

06:19
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09/20
06:19
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06:19
Periodicals
Zuckerberg meets with Trump with Facebook on the defense, Bloomberg says »

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  • 20

    Sep

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ATO

Atmos Energy

$112.30

0.49 (0.44%)

06:18
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FE

FirstEnergy

$48.10

0.01 (0.02%)

06:17
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06:17
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FirstEnergy rating change  »

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  • 10

    Nov

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NFLX

Netflix

$286.58

-4.97 (-1.70%)

06:17
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Periodicals
Netflix CEO plans to make 'big increase' in buying U.K. content, Reuters reports »

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  • 23

    Sep

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GL

Globe Life

$94.34

-0.59 (-0.62%)

06:15
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Initiation
Globe Life initiated  »

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AAPL

Apple

$220.91

-1.8 (-0.81%)

06:14
09/20/19
09/20
06:14
09/20/19
06:14
Recommendations
Apple analyst commentary  »

Apple's new iPhone…

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ERIC

Ericsson

$8.19

0.04 (0.49%)

06:12
09/20/19
09/20
06:12
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06:12
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Ericsson rating change  »

Ericsson upgraded to Buy…

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  • 25

    Sep

STX

Seagate

$52.85

-3.89 (-6.86%)

06:12
09/20/19
09/20
06:12
09/20/19
06:12
Recommendations
Seagate analyst commentary  »

Seagate price target…

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INTC

Intel

$51.58

-0.15 (-0.29%)

06:12
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09/20
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Periodicals
Intel increasing EUV equipment, material purchases, DigiTimes reports »

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  • 24

    Oct

AMZN

Amazon.com

$1,822.21

4.21 (0.23%)

06:10
09/20/19
09/20
06:10
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06:10
Periodicals
Amazon CEO announces goal to be carbon neutral by 2040, CNBC reports »

Amazon CEO Jeff Bezos has…

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  • 26

    Sep

  • 27

    Oct

RAMP

LiveRamp

$46.44

0.43 (0.93%)

06:10
09/20/19
09/20
06:10
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06:10
Upgrade
LiveRamp rating change  »

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