10 posts and columns on price target

News Byte

Analysts Give Yelp a Lukewarm Review

in Commerce on April 11 at 4:20 pm PT

Now that Yelp’s quiet period has expired, analysts have started to issue their first report cards. The results are unanimous: Out of four reports issued by Jefferies, Citi, Goldman Sachs and Oppenheimer, there are zero buy recommendations, Forbes writes. But that’s because the company’s stock price, which has soared 72 percent since last month’s IPO, hovers near or above all of the analysts’ price targets. Today, the stock fell 38 cents, or 1.5 percent, to close at $25.43 a share.

Groupon Gets Average Grades on Analysts’ First Report Cards

in Commerce on December 14, 2011 at 12:36 pm PT

Wall Street analysts are particularly concerned about how the 3-year-old daily deals company will evolve over the next couple of years.
Groupon_mason celebrating at Nasdaq

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Dell: Merrill Ups to Buy

in News on February 10, 2010 at 7:40 am PT

Bank of America/Merrill Lynch analyst Scott Craig this morning lifted his rating on Dell to Buy from Neutral, setting an $18 price target on the stock, which yesterday closed at $13.55.

No Christmas in Palm-ville

in News on November 4, 2009 at 12:04 pm PT

With a handful of new Android handsets arriving at market in the coming weeks, including Motorola’s much anticipated Droid, Palm’s prospects for blowout winter holiday sales are dimming. Earlier this week, analysts at Citigroup and CL King voiced their concerns about the company in the wake of another ugly quarter from carrier partner Sprint. Now, Standard & Poor’s is doing so as well.
GrinchWPre

iPhone to Make Apple’s 52-Week High a 52-Week Low

in News on September 16, 2009 at 7:10 am PT

Apple’s latest 52-week high is well on its way to becoming a 52-week low. In a research note to investors this week, Charlie Wolf of Needham & Company lifted his price target on Apple to $235, from $200, largely on the merits of the iPhone and the iTunes App Store.
aapl

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Palm: Kaufman Sets Hold Rating; Many Possible Suitors

in News on July 1, 2009 at 12:00 pm PT

Kaufman Bros. analyst Shaw Wu this morning launched coverage of Palm with a Hold rating and a $16 price target. He writes in a research note that the company is well-positioned in the smart phone sector with its WebOS software, but that the valuation is expensive; he also is concerned about ongoing operating losses and a weak balance sheet.

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Dell: Analyst Sees a Potential Double

in News on April 8, 2009 at 1:24 pm PT

Dell isn’t dead yet. And in fact, Craig-Hallum analyst Christian Schwab this morning goes so far as to suggest the stock offers investors a potential double. Asserting in a research note this morning that the company can still “get its groove back,” Schwab this morning launched coverage of the stock with a Buy rating and a $19 price target.

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Juniper Soars; Has Telco Hit Bottom?

in News on April 8, 2009 at 7:35 am PT

Is Juniper Networks calling the bottom for telecom and computer networking equipment? A few people think so this morning, the day after Juniper announced that revenue for March-ending fiscal Q1 will be less than originally expected.

That Pre Sure Got Some Powerful Magic, Boy…

in News on March 25, 2009 at 3:10 pm PT

It has not yet been given a price or a release date, but Palm’s forthcoming Pre handset continues to have a remarkably restorative effect on the company’s share price. It wasn’t so long ago that Palm shares were trading just above a dollar. Today, they’re hovering around $8.67, bouyed up by little more than the device’s Consumer Electronics Show debut, an uneventful media Webcast, some hyperbolic remarks from one of the company’s investors and the enthusiasm of a few bullish analysts.
greatest-american-hero_pre

Analyst: Nortel Bankruptcy Rate May Soar

in News on November 13, 2008 at 3:34 pm PT

“Bankruptcy” and “distinct possibility.” Not the sorts of words a company hopes to see in its press coverage, but precisely the ones Nortel has been confronted with today. Describing the telecom equipment manufacturer as “overwhelmed with debt and burning cash,” RBC Capital Markets analyst Mark Sue cut his price target on Nortel to $0 from $1.50 and warned that the company is facing a very bleak future