Morgan Stanley Cautious on Apple (AAPL) Suppliers; 'This Looks More Severe than Simply Weaker iPhone X'

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TE Connectivity (TEL) Declares $0.40 Quarterly Dividend; 1.6% Yield

February 7, 2018 6:37 AM EST

TE Connectivity (NYSE: TEL) declared a quarterly dividend of $0.40 per share, or $1.6 annualized.

The dividend will be payable on March 9, 2018, to stockholders of record on February 23, 2018, with an ex-dividend date of February 22, 2018.

The annual yield on the dividend is 1.6... More

Bullish Options Activity in Analog Devices (ADI) Ahead of 1Q Earnings Announcement on 2/28 -Susquehanna

February 6, 2018 2:43 PM EST

Susquehanna options strategist Alison Edwards notes bullish options activity in Analog Devices (NASDAQ: ADI), as an opening investor in bought 4,300 Mar 90 Calls for $1.85, ahead of earnings on Feb 28th.

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Cirrus Logic (CRUS) PT Lowered to $41 at BofA/Merrill Lynch

February 6, 2018 8:28 AM EST

BofA/Merrill Lynch lowered its price target on Cirrus Logic (NASDAQ: CRUS) to $41.00 (from $50.00) while maintaining a Underperform rating following the company's 3Q earnings report. 3Q sales were $48mn below the Street's estimates with EPS $0.18 below. 4Q sales guidance was $53.00 below on worse-than-expected iPhone... More

ON Semiconductor (ON) PT Raised to $26 at Baird

February 6, 2018 8:18 AM EST

Baird raised its price target on ON Semiconductor (NASDAQ: ON) to $26.00 (from $25.00) while maintaining a Outperform rating.

Analyst Tristan Gerra commented, "Reiterating Outperform rating on above-industry revenue growth outlook for this year, strong cash flows and cash redistribution potential/transformed balance sheet. 4Q... More

ON Semiconductor (ON) PT Raised to $20 at Credit Suisse

February 6, 2018 8:13 AM EST

Credit Suisse raised its price target on ON Semiconductor (NASDAQ: ON) to $20.00 (from $17.00) while maintaining a Underperform rating.

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Goldman Sachs Remains Bullish on Micron Technology (MU) Following CFO Transition

February 6, 2018 7:50 AM EST

Goldman Sachs reiterated a Buy rating and $55.00 price target on Micron Technology (NASDAQ: MU) following the company's announced management changes. CFO Ernie Maddock is retiring, and the company has appointed David Zinsner as CFO, effective 2/19.

Goldman Sachs had the... More

ON Semiconductor (ON) PT Raised to $28 at Citi

February 6, 2018 5:11 AM EST

Citi raised its price target on ON Semiconductor (NASDAQ: ON) to $28.00 (from $24.00) while maintaining a Buy rating.

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ON Semiconductor (ON) PT Raised to $27 at Stifel

February 5, 2018 3:17 PM EST

Stifel raised its price target on ON Semiconductor (NASDAQ: ON) to $27.00 (from $23.00) while maintaining a Buy rating.

Analyst Kevin Cassidy commented, "ON delivered another solid beat and raise quarter. We see ON Semiconductor as an icon for our view on how the semiconductor... More

ON Semiconductor (ON) PT Raised to $29 at B.Riley/FBR

February 5, 2018 1:20 PM EST

B.Riley/FBR raised its price target on ON Semiconductor (NASDAQ: ON) to $29.00 (from $25.00) while maintaining a Buy rating.

Analyst Craig Ellis said value creation optionality regains SBB lever.

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ON Semiconductor (ON) PT Raised to $27 at Mizuho Securities

February 5, 2018 1:18 PM EST

Mizuho Securities raised its price target on ON Semiconductor (NASDAQ: ON) to $27.00 (from $26.00) while maintaining a Buy rating.

Analyst Vijay Rakesh commented, "ON reported DecQ results and guided to a MarQ with rev/GM of $1.37B/37.4% (cons. at $1.34B/37.0%). We believe the MarQ and 2018... More

Apple (AAPL) Bucks Downdraft, Climbs 1%

February 5, 2018 9:52 AM EST

Apple (NASDAQ: AAPL) Bucks Downdraft, Climbs 1%

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