Seagate price target raised to $100 from $92 at Deutsche Bank » 06:1001/1401/14/22
Deutsche Bank analyst…
Deutsche Bank analyst Sidney Ho raised the firm's price target on Seagate to $100 from $92 and keeps a Hold rating on the shares. Preliminary Q4 hard disk drive industry data and company commentary around higher costs suggest "some headwinds" for the HDD industry for Q4 earnings, Ho tells investors in a research note. However, looking past Q4, the analyst expects generally positive commentary around nearline demand.
Seagate price target raised to $110 from $92 at Mizuho » 06:5101/1301/13/22
Mizuho analyst Vijay…
Mizuho analyst Vijay Rakesh raised the firm's price target on Seagate to $110 from $92 and keeps a Neutral rating on the shares. The analyst gave his outlook across semis and automotive technologies and his top sectors in 2022 are memory, wafer fab equipment, data center, 5G and electric vehicles.
According to IDC, global PC shipments rose 1% y/y to 92.7M units » 20:5801/1201/12/22
HPQ, DELL, AAPL
IDC states: "Worldwide shipments of Traditional PCs reached 92.7 million units during Q4 of 2021, marking 1.0% growth over the same quarter in 2020, according to preliminary results from the International Data Corporation Worldwide Quarterly Personal Computing Device Tracker. Total PC shipments during 2021 reached 348.8 million units, up 14.8% from 2020. This represents the highest level of shipments the PC market has seen since 2012." Reference Link
T-Mobile price target lowered to $149 from $152 at Morgan Stanley » 07:2901/1201/12/22
Morgan Stanley analyst…
Morgan Stanley analyst Simon Flannery lowered the firm's price target on T-Mobile to $149 from $152 and keeps an Overweight rating on the shares ahead of the company's Q4 report due in early February as he cut his estimates, particularly for 2022, to account for higher Sprint churn, a more conservative synergy assumption and higher capex. His 2022 postpaid phone net adds estimate has come down 620,000 to about 2.6M, which is partially offset by higher expectations for fixed wireless net adds, Flannery noted.
Seagate price target raised to $100 from $85 at Barclays » 06:5201/1201/12/22
Barclays analyst Tom…
Barclays analyst Tom O'Malley raised the firm's price target on Seagate to $100 from $85 and keeps an Equal Weight rating on the shares. The analyst sees "positive outlooks providing some relief" for the semiconductor group but still struggles with "just how much upside is left as cyclicality still looms for many names."
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Apple's Private Relay meets resistance by Europe carriers, 9to5Mac reports » 06:4401/1101/11/22
AAPL, VOD, TEF, TMUS
Apple (AAPL) recently…
Apple (AAPL) recently made Private Relay, a cloud feature announced last year that sets up an encrypted VPN-like tunnel for all iPhone Safari traffic, available as an opt-in beta in iOS 15 for customers who pay for the iCloud plan, Benjamin Mayo of 9to5Mac reports. European operators, including Vodafone (VOD), Telefonica (TEF), and T-Mobile (TMUS), have signed an open letter against the feature, according to 9to5 Mac, citing The Telegraph. The letter said the feature cuts off networks from accessing "vital network data and metadata" and will have "significant consequences in terms of undermining European digital sovereignty." Availability of Private Relay is already limited by geography and some cellular plans are also reportedly explicitly denying the feature's functionality. Reference Link
HP Inc. price target raised to $40 from $32 at Bernstein » 06:3901/1101/11/22
Bernstein analyst Toni…
Bernstein analyst Toni Sacconaghi raised the firm's price target on HP Inc. to $40 from $32 and keeps a Market Perform rating on the shares. The analyst believes HP Inc. benefited significantly from the pandemic, and sees risk of more muted earnings growth over the next few years.
T-Mobile upgraded to Conviction Buy from Buy at Goldman Sachs » 06:1801/1101/11/22
Goldman Sachs analyst…
Goldman Sachs analyst Brett Feldman added T-Mobile to the firm's Conviction List and keeps a Buy rating on the shares with an unchanged price target of $153. The analyst expects further attainment of merger integration milestones and ramping synergies in 2022. Further, he sees visibility into the timing and intensity of buybacks as well as an attractive valuation at current share levels.
T-Mobile seems to block iCloud Private Relay use in U.S., 9to5Mac says » 18:2901/1001/10/22
T-Mobile (TMUS) appears…
T-Mobile (TMUS) appears to be blocking certain iCloud Private Relay (AAPL) users in the U.S. when such iPhone users are connected to cellular data, 9to5Mac's Chance Miller reports. Use of T-Mobile's filtering and blocking features can affect Private Relay, though that does not appear to be the case with the current issues, the author notes. Reference Link
T-Mobile acquires Octopus Interactive, terms undisclosed » 09:0801/1001/10/22
TMUS, UBER, LYFT
T-Mobile (TMUS) announced…
T-Mobile (TMUS) announced the acquisition of Octopus Interactive, a network of interactive video screens inside Uber (UBER) and Lyft (LYFT) vehicles. Octopus Interactive helps brands reach audiences through video ads presented on screens inside rideshare vehicles. Octopus's rideshare network enables brands to execute geotargeted campaigns across a range of engaged consumers.