Google Said to Form Dedicated VR Unit - Re/code
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January 14, 2016 1:27 PM EST
Needham & Company reiterated a Hold rating on Ambarella (NASDAQ: AMBA) following GoPro's (NASDAQ: GPRO) negative 4Q pre-announcement. GoPro exposure has been the primary overhang on AMBA shares over the past six months. Needham views the new... More
January 14, 2016 9:17 AM EST
Wedbush maintained an Outperform rating on GoPro (NASDAQ: GPRO), and cut the price target to $18.00 (from $33.00), following the company's negative 4Q pre-announcement. Q4 revenue is expected to be roughly $435 million, well below the guidance range of $500 550 million, and consensus of $512 million. The HERO4 Session has been a... More
January 14, 2016 7:48 AM EST
Dougherty & Co maintained a Buy rating on GoPro (NASDAQ: GPRO), and cut the price target to $13.00 (from $30.00), following the company's pre-announced negative 4Q earnings report. The company expects revenue to be $435MM, 17% below the midpoint of guidance of $525MM, and below consensus of $512MM. GoPro attributed the weakness to lower-than-expected sell-through... More
January 13, 2016 9:41 AM EST
Nomura Securities reiterated a Buy rating and $65.00 price target on Microsoft (NASDAQ: MSFT) after hosting a conference call with Comfort Systems surrounding Office 365. While the CIO of Comfort Systems, Jeremy Jones, believes that the total cost of ownership for an Office 365 deployment is less... More
