Adobe (ADBE), Box (BOX), GoPro (GPRO) and Tesla (TSLA) Highlighted at Potential M&A for Apple (AAPL)
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Rosenblatt Reiterates Buy on Adobe Systems (ADBE) Following 4Q Beat
December 11, 2015 9:59 AM ESTRosenblatt reiterated a Buy rating and $112.00 price target on Adobe (NASDAQ: ADBE) following the company's 4Q earnings report. Marketing cloud revenue came in light because of better than expected transition from perpetual to subscription business for Experience and Campaign Manager. ADBE also said... More
UBS Raises PT to $105 Following Adobe Systems' (ADBE) Q4 Beat
December 11, 2015 9:07 AM ESTUBS reiterated a Buy rating on Adobe (NASDAQ: ADBE), and raised the price target to $105.00 (from $90.00), following the company's 4Q earnings report. Revenue of $1,306M beat the Street's $1,305M estimates, and compares to guidance of $1,275-1,325M. EPS of $0.62 came in ahead of the Street's $0.60 estimate by 2... More
GoPro (GPRO) Sees Strong Early Gains on Chatter, Short Covering
December 10, 2015 10:50 AM ESTAfter trading higher in pre-open action but starting the regular trading session lower, GoPro (NASDAQ: GPRO) is now up 7%. Rumors of a potential Apple takeover and details of the company's new drone are pushing shorts to lock in gains.
Two Significant Apple (AAPL) Datapoints Show Upside for iPhone Sales - Stifel
December 10, 2015 9:15 AM ESTStifel analyst, Aaron Rakers, published a report highlighting two key pieces of information for Apple (NASDAQ: AAPL) in a note this morning: November monthly sales results from Apple's largest iPhone manufacturers Hon Hai Precision (Foxconn) and Pegatron and this week's China mobile phone export data for November. The conclusion is that Apple is likely to show 4-5% upside to current iPhone numbers, a belief not held by many on the sell side.
Hon Hai has three manufacturing operations for Apple's iPhone the largest being the companys manufacturing in Zhengzhou in the Henan... More
GoPro (GPRO) Launches Apple Watch Features in GoPro iOS App
December 10, 2015 9:05 AM ESTGoPro, Inc. (NASDAQ: GPRO) announced the launch of Apple Watch features in the GoPro App for iOS to enable quick access to the camera's controls right from the wrist. This new app allows users to preview their shot, toggle between capture modes,... More
GoPro (GPRO) Releases Video for 'Karma' Drone
December 10, 2015 7:36 AM ESTIn addition to takeover speculation, early upside in GoPro (NASDAQ: GPRO) comes as the company posted a YouTube video introducing its "Karma" drone.
Shares of GPRO are bid up 3.6% to $17.50 early. Yesterday, share hit a 52-week low of $16.77.
... More
