Cowen Cuts PT on GT Advanced Technologies (GTAT) to $18 Following Apple Event; Lack of Sapphire Usage is N-T Setback
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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
Goldman Sachs Cuts GT Advanced Tech (GTAT) to Neutral; Analyst Disappointed by Apple
September 10, 2014 6:44 AM EDTGoldman Sachs downgraded GT Advanced Tech (NASDAQ: GTAT) from Buy to Neutral with a price target of $14.00 (from $20.00). Analyst Brian Lee is disappointed Sapphire wasn't used in the Apple's new iPhone.
"Contrary to our view, Apple did not include sapphire display technology in either of the new iPhone 6 models. Instead, Apple launched a new smartwatch device, available in early 2015, which includes a sapphire display and... More
