Goldman Sachs Cuts GT Advanced Tech (GTAT) to Neutral; Analyst Disappointed by Apple
- Futures falter as Meta Platforms weighs on megacaps
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- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
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GT Advanced Technologies (GTAT) Active Below $13/Share
September 12, 2014 1:24 PM EDTActivity in GT Advanced Technologies (NASDAQ: GTAT) increased as the stock dipped below $13 per share.
... MoreBofA/Merrill Lynch Maintains Bullish Stance on GT Advanced Tech (GTAT); While CY14 Guidance In Question, Only a Matter of Time Before Sapphire Ramp
September 10, 2014 3:49 PM EDTShares of GT Advanced Tech (NASDAQ: GTAT) have been been pounded since it was reveled yesterday that Apple won't use Sapphire for either of its iPhone 6 models, only opting to use it for the Apple Watch which won't be available until early 2015. After selling-off 13% Tuesday, shares are down another 14% today. After three downgrades... More
Raymond James Keeps GT Advanced Technologies (GTAT) at Underperform; Apple Event not Positive for the Stock
September 10, 2014 9:00 AM EDTRaymond James affirms its Underperform rating on GT Advanced Technologies (Nasdaq: GTAT) following Apple's (Nasdaq: AAPL) September event.
Analyst Pavel Molchanov said, Heading into yesterday's Apple product launch announcement, we could not envision Apple saying anything about its plans for sapphire that would be incrementally bullish for GT, above and beyond the already lofty expectations that... More
Piper Jaffray Downgrades GT Advanced Tech (GTAT) to Neutral on Smaller Than Expected Apple Sapphire News
September 10, 2014 6:53 AM EDTPiper Jaffray downgraded GT Advanced Tech (NASDAQ: GTAT) from Overweight to Neutral with a price target of $16.00 (from $23.00) after it was revealed that sapphire will be in the Apple Watch but not the iPhone 6. Analyst... More
GT Advanced Technologies (GTAT): Apple Watch has sapphire screen
September 9, 2014 2:09 PM EDTGT Advanced Technologies (NASDAQ: GTAT) on watch positive as Apple Watch has sapphire screen:
... MoreUPDATE: GT Advanced Technologies (GTAT) Collapsing as Apple Introduces iPhone 6; Others on Watch
September 9, 2014 1:13 PM EDT(Updated - September 9, 2014 1:23 PM EDT)
GT Advanced Technologies (NASDAQ: GTAT) declined after Apple introduced the iPhone 6. So far there has been no mentioned of Sapphire. Related stock Corning (NYSE: GLW) is slightly higher.... More