3 posts and columns on Caris & Company

News Byte

Priceline's Stock Soars to New High on Big-Time Analyst Upgrades

in Commerce on March 28, 2011 at 3:56 pm PT

Priceline’s stock rocketed to a new 52-week high of $491.36 a share during trading today, before coming to rest at $483.99, down $3. The company, which has been flying high on international sales through its Booking.com subsidiary, got a boost from recent analyst upgrades. On Friday, Citigroup boosted its price target to $610 from $575, and on Thursday, Caris & Company raised its price target to $525, while Goldman Sachs raised its target to $525 as well, reports AmericanBankingNews.com. The travel Web site’s low stock price for the past 52 weeks was $173.32.

Driven by Home Market, Mac Sales to Outpace PC Market

in News on December 3, 2009 at 11:09 am PT

2010 will be a better year for the PC industry than 2009. And it will be even better for Apple. According to Caris & Company analyst Robert Cihra, Mac sales have outpaced the PC market as a whole by 1.8 times over the last three years, and that trend will continue in 2010.
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$1.9 Billion in Capex? What’s Apple Planning?

in News on November 2, 2009 at 3:48 pm PT

Here’s an interesting data point from Apple’s recent 10-K filing with the U.S. Securities and Exchange Commission: The company has budgeted $1.9 billion in capital expenditures for fiscal 2010. That’s 70 percent more than the $1.1 billion it spent in 2009. What does Apple plan to do with those additional funds?
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