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FN

Fabrinet

$51.69

-1.47 (-2.77%)

, INFN

Infinera

$5.61

0.16 (2.94%)

09:15
09/30/19
09/30
09:15
09/30/19
09:15

Fabrinet upgraded to Outperform from Market Perform at Northland

Northland analyst Tim Savageaux upgraded Fabrinet (FN) to Outperform from Market Perform and raised its price target to $57 from $44 saying increased revenues at a healthier Infinera (INFN), SiP growth at Intel (INTC), and positives from LITE telecom strength offset consolidation headwinds in the group. Savageaux also sees upside from demand strength, margin benefits from rapid manufacturing transition to FN, and the launch of coherent edge/access focused XR Optics.

FN

Fabrinet

$51.69

-1.47 (-2.77%)

INFN

Infinera

$5.61

0.16 (2.94%)

INTC

Intel

$50.78

-0.15 (-0.29%)

  • 24

    Oct

FN Fabrinet
$51.69

-1.47 (-2.77%)

08/20/19
PIPR
08/20/19
NO CHANGE
Target $64
PIPR
Overweight
Fabrinet price target lowered to $64 from $69 at Piper Jaffray
Piper Jaffray analyst Troy Jensen lowered his price target on Fabrinet (FN) to $64 after its below-consensus Q1 outlook related to concerns about the industrial laser market remaining weak. The analyst also points to the Huawei ban hampering sales for component supplies. Jensen still keeps his Overweight rating, stating that Fabrinet remains "one of the better ways to play the optical market" and forecasting more sustained strength in Telco optics and a ramp in Infinera (INFN) sales.
08/09/19
NEED
08/09/19
NO CHANGE
Target $70
NEED
Buy
Fabrinet price target raised to $70 from $62 at Needham
Needham analyst Alex Henderson raised his price target on Fabrinet to $70 and kept his Buy rating ahead of its earnings on August 19th. The analyst expects a "strong print and guide", since "virtually every company" in the Optical space reported stronger than expected results this quarter. Henderson adds that the concerns related to Fabrinet's exposure to Huawei also appear to be "overdone".
07/29/19
JPMS
07/29/19
INITIATION
Target $57
JPMS
Neutral
Fabrinet initiated with a Neutral at JPMorgan
JPMorgan analyst Samik Chatterjee started Fabrinet with a Neutral rating and $57 price target. The analyst says limited upside on margins and risks to near-term estimates from the "dynamic situation" relative to sanctions on Huawei keep him on the sidelines.
07/02/19
PIPR
07/02/19
NO CHANGE
PIPR
Piper sees 'interesting opportunities' in Optical Networking space
The trade war concerns have created some "interesting opportunities" within the Optical Networking space as underlying demand trends remain solid, Piper Jaffray analyst Troy Jensen tells investors in a research note. The analyst believes investors should revisit some select names and he highlights Acacia Communications (ACIA), Fabrinet (FN) and Lumentum (LITE). He continues to view Acacia as one of the best optical stocks to own and would be buyers at current levels.
INFN Infinera
$5.61

0.16 (2.94%)

09/12/19
STFL
09/12/19
NO CHANGE
Target $6
STFL
Hold
Infinera management confirmed Q3 outlook, says Stifel
Stifel analyst John Marchetti said confusion around Q3 messaging caused volatility in Infinera shares yesterday, but he notes that management confirmed that there is no change to their Q3 outlook during his meetings with the team. Management did indicate they may see some orders slip in Q3 associated with the company's SAP implementation, and he came away believing there may be some "modest risk" to Q3 estimates, but Marchetti added that he expects full-year estimates remain on track. Discussing 2020 growth, the company highlighted several different market verticals where they have ongoing trials, said Marcetti, who continues to be incrementally more positive toward shares. However, he awaits evidence of accelerating product adoption to turn more positive with his rating and he maintains a Hold on Infinera with a $6 price target.
09/11/19
RILY
09/11/19
NO CHANGE
RILY
Buy
Infinera weakness on speculation of Q3 miss unwarranted, says B. Riley FBR
B. Riley FBR analyst Dave Kang noted that shares of Infinera saw a 14% intraday reversal to go from positive to negative, which he believes was due to speculation the company will miss Q3 EPS expectations due to higher than expected expenses and orders that aren't better than expected. He checked with the company, which denied making comments about higher than expected expenses, and he believes today's weakness is unwarranted. Kang, who sees the company tracking to expectations with strong order activities, recommends using the weakness as a buying opportunity and reiterate his Buy rating on the stock.
09/11/19
RILY
09/11/19
NO CHANGE
Target $6.5
RILY
Buy
Infinera selloff today a buying opportunity, says B. Riley FBR
B. Riley FBR analyst Dave Kang recommends using the intraday weakness today in shares of Infinera as a buying opportunity. He reiterates a Buy rating on the stock with a $6.50 price target.
INTC Intel
$50.78

-0.15 (-0.29%)

09/30/19
SUSQ
09/30/19
NO CHANGE
SUSQ
China macro improves as tech independence accelerates, says Susquehanna
Susquehanna analyst Christopher Rolland said his trip to Asia revealed an improving macro environment as china accelerates its plans for technological independence. The analyst noted CPU shortages at both Intel (INTC) and AMD (AMD) as well as expectations for an (AAPL) Apple iPhones sales peak expected in October.
09/30/19
NOMU
09/30/19
NO CHANGE
NOMU
Nomura Instinet still cautious on semiconductors after Micron report
Micron Technology (MU) last week provided November quarter guidance for a 37% year-over-year decline in sales and a further drop in gross margin, to 25.5%, Nomura Instinet analyst David Wong tells investors in a research note titled "Little Evidence of Recovery Yet." Further, August global chip shipment data showed a continuing year-over-year decline in the mid- to high-teens range, adds the analyst. Wong remains cautious on the semiconductor and semiconductor equipment industry overall.
09/24/19
WEDB
09/24/19
NO CHANGE
Target $245
WEDB
Outperform
Apple makes 'smart poker move' with Austin shift, says Wedbush
Wedbush analyst Daniel Ives notes that Apple (AAPL) announced that it will commit to building its redesigned Mac Pro in Austin, Texas after securing tariff exemption on a majority of its requests, including partially assembled main circuit boards and graphics cards which contain chips from Intel (INTC), Nvidia (NVDA), and AMD (AMD). The analyst believes "this is an example of smart and strategic balanced production" from Apple and should be viewed as a move in good faith heading into the December 15th possibility of the additional 10% tariff on the $300B of Chinese goods. On the supply chain, Ives thinks Apple is aggressively looking at alternative options within the supply chain around moving 5%-7% of iPhone production to India and/or Vietnam, away from China, which would in a best case scenario be ready to roll 18 months from now. The analyst believes the China overhang has resulted in a $20-$25 hit to Apple's stock, and would be a buyer of Apple stock. Ives reiterates an Outperform rating and $245 price target on the shares.
09/20/19
MZHO
09/20/19
NO CHANGE
MZHO
Mizuho checks indicate computer CPU and GPUs are trending better
Mizuho analyst Vijay Rakesh says his channel checks indicate computer CPU and GPUs are trending better in Q3 with new product launches, but also some pull-ins ahead of potential Q4 tariffs. The analyst believes Intel (INTC) is "opportunistically and aggressively" pricing its i3 processor, although he expects AMD (AMD) to pick up some share into year-end. In data center, Rakesh believes AMD's ramp could be slowed by price competition and testing. The analyst also remains positive on Western Digital (WDC) and Micron Technology (MU) into earnings, citing better pricing and PC trends. He maintains Buy ratings on Intel and Nvidia (NVDA, and a Neutral on rating AMD.

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PRCP

Perceptron

$4.56

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STOK

Stoke Therapeutics

$29.83

-0.17 (-0.57%)

06:20
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GOOG

Alphabet

$1,298.76

-10.6 (-0.81%)

, GOOGL

Alphabet Class A

$1,297.98

-10 (-0.76%)

06:20
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Periodicals
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$1,298.76

-10.6 (-0.81%)

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$1,297.98

-10 (-0.76%)

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EPC

Edgewell Personal Care

$36.46

-0.81 (-2.17%)

06:19
11/12/19
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Earnings
Edgewell Personal Care sees FY20 adj. EPS $3.10-$3.30. consensus $3.32 »

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    Nov

XPO

XPO Logistics

$84.16

-0.45 (-0.53%)

06:19
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Recommendations
XPO Logistics analyst commentary  »

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GS

Goldman Sachs

$218.99

-3.93 (-1.76%)

, AAPL

Apple

$262.16

1.96 (0.75%)

06:18
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11/12
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06:18
Periodicals
Goldman to let Apple Card customers appearl credit limit, BI reports »

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GS

Goldman Sachs

$218.99

-3.93 (-1.76%)

AAPL

Apple

$262.16

1.96 (0.75%)

03/08/13
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  • 12

    Nov

CWK

Cushman & Wakefield

$18.92

0.24 (1.28%)

06:16
11/12/19
11/12
06:16
11/12/19
06:16
Syndicate
Cushman & Wakefield files to sell 10M ordinary shares for holders »

Morgan Stanley is serving…

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HBM

Hudbay Minerals

$3.66

-0.09 (-2.40%)

06:16
11/12/19
11/12
06:16
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06:16
Downgrade
Hudbay Minerals rating change  »

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  • 12

    Nov

RETA

Reata Pharmaceuticals

$213.52

1.48 (0.70%)

06:15
11/12/19
11/12
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06:15
Recommendations
Reata Pharmaceuticals analyst commentary  »

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  • 12

    Nov

OII

Oceaneering

$13.99

-0.29 (-2.03%)

06:13
11/12/19
11/12
06:13
11/12/19
06:13
Initiation
Oceaneering initiated  »

Oceaneering resumed with…

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ALGT

Allegiant Travel

$169.97

1.81 (1.08%)

06:12
11/12/19
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06:12
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AER

AerCap

$60.29

-0.31 (-0.51%)

06:09
11/12/19
11/12
06:09
11/12/19
06:09
Recommendations
AerCap analyst commentary  »

AerCap price target…

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  • 13

    Nov

WU

Western Union

$27.35

-0.52 (-1.87%)

06:09
11/12/19
11/12
06:09
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06:09
Downgrade
Western Union rating change  »

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UBS

UBS

$12.41

-0.01 (-0.08%)

06:07
11/12/19
11/12
06:07
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06:07
Hot Stocks
UBS fined by Hong Kong regulator for overcharging clients »

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  • 12

    Nov

  • 09

    Dec

HLX

Helix Energy

$8.56

0.03 (0.35%)

06:07
11/12/19
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06:07
Initiation
Helix Energy initiated  »

Helix Energy reinstated…

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  • 13

    Nov

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    Nov

FENC

Fennec

$5.24

0.13 (2.54%)

06:06
11/12/19
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Earnings
Fennec reports Q3 EPS (9c), consensus (20c) »

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RDNT

RadNet

$16.14

0.09 (0.56%)

06:06
11/12/19
11/12
06:06
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Hot Stocks
Breaking Hot Stocks news story on RadNet »

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  • 12

    Nov

KBR

KBR

$29.63

0.44 (1.51%)

06:05
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  • 03

    Dec

RDNT

RadNet

$16.14

0.09 (0.56%)

06:05
11/12/19
11/12
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Earnings
RadNet backs FY19 revenue view $1.1B-$1.15B, consensus $1.13B »

Backs FY19 adjusted…

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  • 12

    Nov

OII

Oceaneering

$13.99

-0.29 (-2.03%)

06:05
11/12/19
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Initiation
Oceaneering initiated  »

Oceaneering initiated…

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DYNT

Dynatronics

$0.84

0.0296 (3.65%)

06:04
11/12/19
11/12
06:04
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06:04
Earnings
Breaking Earnings news story on Dynatronics »

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  • 04

    Dec

NOG

Northern Oil and Gas

$2.06

-0.07 (-3.29%)

06:04
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11/12
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Hot Stocks
Northern Oil and Gas sees FY19 production 38,750BOE-39,150BOE per day »

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RDNT

RadNet

$16.14

0.09 (0.56%)

06:04
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Earnings
RadNet reports Q3 adjusted EPS 8c, consensus 10c »

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  • 12

    Nov

EPC

Edgewell Personal Care

$36.46

-0.81 (-2.17%)

06:03
11/12/19
11/12
06:03
11/12/19
06:03
Earnings
Edgewell Personal Care reports Q4 adj. EPS 86c, consensus 84c »

Reports Q4 revenue $528M,…

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  • 12

    Nov

DYNT

Dynatronics

$0.84

0.0296 (3.65%)

06:03
11/12/19
11/12
06:03
11/12/19
06:03
Earnings
Dynatronics reports Q1 EPS (1c), consensus (4c) »

Reports Q1 revenue…

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