BlackBerry (BBRY) Expected to Beat FQ1; Long Term Picture Not So Bright
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BlackBerry (BBRY) Subscriber Base is Its 'Achilles' Heel'
June 24, 2013 11:59 AM EDTTD Securities maintained a Hold rating on BlackBerry (Nasdaq: BBRY) with a price target of $17. With Q1 results just around the corner (June 28th), analyst Scott Penner is urging investors to pay attention to recurring revenue.
"Our model calls for 3.7mm in... More
Jefferies Cuts PT on Apple (AAPL) to $405; Lowers Ests on iPhone Production Cuts
June 24, 2013 7:13 AM EDTJefferies is adjusting some of its estimates on Apple (Nasdaq: AAPL) sales for the upcoming quarter. The firm maintains Apple at Hold, lowering its price target from $420 to $405.
Analyst Peter Misek is trimming fiscal Q313 iPhone shipment expectations from 30 million down to 27 million units and fiscal Q413 units from 50 million down to 45 million.
Inventory levels at about 10 weeks, versus the normal 4 to 6 weeks, has Misek lowering build expectations from 40 million to 45 million down to 25 million... More
Jabil Circuit (JBL) Q3 Results 'Healthy'; Remains Top Pick - Needham & Company
June 20, 2013 8:44 AM EDTNeedham & Company reiterated a Buy rating and $24 price target on Jabil Circuit (NYSE: JBL) following "healthy" Q3 results but below consensus August guidance.
Analyst Sean K.F. Hannan comments, "Overall, Jabil remains our top pick in EMS as it works... More
Supplier Results Point to Solid Q, Outlook for BlackBerry (BBRY) - Jefferies
June 20, 2013 7:33 AM EDTJefferies analyst Peter Misek previewed BlackBerry (NASDAQ: BBRY) Q1 2014 earnings results, due on June 28. He reiterated a Buy rating and $22 price target, saying results from suppliers Jabil (NYSE: JBL) and Wistron bode well for BB10.
"We... More
