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Fly News Breaks for January 29, 2020
AAPL, CRUS, SYNA, ON, KN, STM, QRVO, IOTS, SWKS, AVGO
Jan 29, 2020 | 09:09 EDT
Craig-Hallum analyst Anthony Stoss highlights a beat and raise quarter from Apple (AAPL) should bode well for his Apple supplier stocks. The analyst believes the wearable growth is providing meaningful growth to his semi suppliers like Knowles (KN) and Adesto Technologies (IOTS) that have Airpods content as Airpods sales have been stellar and the new Airpods Pro are also selling well. Stoss also sees positive near-term signals for his iPhone suppliers given the better demand which is likely bolstering iPhone supplier revenues for the March quarter. He rates Broadcom (AVGO), Skyworks, Adesto Technologies (IOTS), Qorvo (QRVO), STMicroelectronics (STM), Knowles and ON Semiconductor (ON) as Buys and Synaptics (SYNA) and Cirrus Logic (CRUS) as Holds.
News For AVGO;SWKS;IOTS;QRVO;STM;KN;ON;SYNA;CRUS;AAPL From the Last 2 Days
AAPL
Apr 12, 2021 | 09:52 EDT
Trading card maker Topps has announced a deal to become public through a Mudrick Capital combination. Sporting goods retailer... To see the rest of the story go to thefly.com. See Story Here
AAPL
Apr 12, 2021 | 09:46 EDT
Check out today's top analyst calls from around Wall Street, compiled by The Fly.  'APPLE-ESQUE' ECOSYSTEM: Canaccord... To see the rest of the story go to thefly.com. See Story Here
AAPL
Apr 12, 2021 | 05:59 EDT
Apple faces supply constraints due to issues with MiniLED display production, but still plans to debut two iPad Pros later this month, Bloomberg's Debby Wu and Mark Gurman report, citing people familiar with the matter. The new iPad Pro models will be Apple's first major hardware launch of 2021, Wu and Gurman note. Reference Link
AAPL
Apr 12, 2021 | 05:33 EDT
Canaccord Genuity analyst Jed Dorsheimer upgraded Tesla (TSLA) to Buy from Hold with a price target of $1,071, up from $419. The stock closed Friday down $6.78 to $677.02.The company is positioned to "attack and conquer" another trillion-dollar market as its ramps up its focus on energy generation and storage, Dorsheimer tells investors in a research note. The analyst predicts Tesla's generation and storage unit could yield $8 billion of revenue by 2025. Tesla "is rapidly creating an Apple-esque ecosystem of energy products, harmonized in electrification, to become The Brand in energy storage," Dorsheimer writes. The analyst believes that as battery supply constraints ease, Tesla will be able to meet demand for its Powerwall home storage. Tesla "holds a several-year lead and is now expanding aggressively into storage and thus feel our multiple is warranted," writes Dorsheimer.