iPhone Demand Seen as Headwind for Asia Supply Chain - Pacific Crest (AVGO) (CRUS) (INVN) (SYNA)
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Summit Research Cuts Price Target on Intel (INTC) as Headwinds Continue
April 18, 2016 6:53 AM EDTSummit Research maintained a Buy rating on Intel (NASDAQ: INTC), and cut the price target to $37.00 (from $38.00), as PC and server headwinds continue to hinder company sales.
Analyst Srini Sundararajan commented, "Per Gartner, Worldwide PC shipments totaled 64.8M units in... More
Canaccord Genuity Remains bullish on Qualcomm (QCOM) Ahead of 2Q Report
April 14, 2016 10:03 AM EDTCanaccord Genuity maintained a Buy rating and $65.00 price target on Qualcomm (NASDAQ: QCOM) ahead of the company's 2Q earnings report. Cannaccord anticipates that a soft smartphone macro environment will impact near-term results, and believes that the company has made good progress in the past three months entering licensing agreements with leading Chinese OEMs that should help drive improved QTL trends in 2H/C2016 and F2017.
Analyst Michael Walkley commented, "We... More
