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Increased Dividend? More Buybacks? What You Need To Know Ahead Of Apple's Next Earnings Call
Sunday, March 26, 2017 - 10:45am | 433Read More...Musing over what Apple Inc. (NASDAQ: AAPL) might reveal on its fiscal year second quarter earnings call, due in April, RBC Capital Markets asked investors to brace for details on its capital allocation process. In a note Friday, RBC said it thinks Apple will raise its dividend by 10-15 percent,...
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3 Tailwinds Broadcom Is Set To Benefit From Over The Coming Quarters
Thursday, March 2, 2017 - 10:08am | 363Read More...Broadcom Ltd (NASDAQ: AVGO) reported robust January quarter results, while issuing a conservative guidance for 2017, which was ahead of the consensus. RBC Capital’s Amit Daryanani maintained a Top Pick rating on the company, while raising the price target from $230 to $240. Confluence Of...
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Goldilocks Story At Western Digital Remains Intact, Poised For $10+ EPS
Thursday, January 26, 2017 - 11:10am | 257Read More...RBC Capital has said Western Digital Corp (NASDAQ: WDC) remains well-positioned for $10+ EPS after the company’s December quarter results handily beat Street estimates. “We think fundamentals remain intact, as WDC should benefit from a favorable HDD environment and a tight NAND market,...
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Nvidia At CES: 3 Big Announcements Leave Investors With 5 Major Questions
Thursday, January 5, 2017 - 12:34pm | 417Read More...Providing takeaways from the Consumer Electronics Show, RBC Capital Markets delved on the three major items unveiled by NVIDIA Corporation (NASDAQ: NVDA) and five key investor questions. 3 Big Announcements Analysts Mitch Steves and Amit Daryanani noted that Nvidia announced a partnership with...
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Broadcom To Investors: We Aren't Getting Into The Systems Business
Thursday, November 3, 2016 - 11:15am | 325Read More...Broadcom Ltd (NASDAQ: AVGO) seems poised to continue generating mid-teens EPS growth over next several years, RBC Capital Markets’ Amit Daryanani said in a report. He reiterated a Top Pick rating on the company, with price target of $190. Broadcom projected its October-quarter revenue at the...
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Microsemi Takeover 'Would Be Early,' But Co. Could Become M&A Asset 'Shortly'
Monday, October 24, 2016 - 3:40pm | 439Read More...RBC Capital Markets thinks Microsemi Corporation (NASDAQ: MSCC) is definitely a takeover candidate. However, it should approach a leverage of 3.0 or lower. Therefore, the firm thinks it would be early to conclude any possible deal pointing out the current leverage of 3.7x. Analysts Mitch Steves and...
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The Results Are In: Survey Says iPhone 7 Isn't The Only Apple Product Getting Attention
Thursday, September 22, 2016 - 8:48am | 370Read More...Following a survey of more than 6,000 people, RBC Capital’s Amit Daryanani believes Apple Inc. (NASDAQ: AAPL) could surprise investors, in terms of ASP upside, driven by the increased preference for the iPhone 7+ and the ASP being $20 higher than that for the last generation of iPhone....
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RBC Raises December iPhone Estimates To 79 Million Units, Ups Price Target To $117
Thursday, August 11, 2016 - 8:41am | 369Read More...RBC Capital’s Amit Daryanani raised the December quarter iPhone unit estimate for Apple Inc. (NASDAQ: AAPL) on expectations that FQ1 would have an extra week. Daryanani maintained an Outperform rating on the company, while raising its price target from $115 to $117. Accounting For An...
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Lowered Expectations Paved The Way For Apple's Amazing Beat
Wednesday, July 27, 2016 - 8:52am | 316Read More...Apple Inc. (NASDAQ: AAPL) reported its June quarter revenue and EPS ahead of expectations. The current share price represents “an attractive entry point” to benefit from the company’s ability to sustain revenue and EPS growth through FY16, RBC Capital Markets’ Amit...
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Why Plexus' Analyst Day Was 'Largely Bullish'
Thursday, June 9, 2016 - 3:38pm | 321Read More...RBC Capital Markets analysts Mitch Steves, Jae Cho, Amit Daryanani and Jeriel Ong have termed analysts day as largely a bullish one as far as Plexus Corp. (NASDAQ: PLXS) is concerned. The company took this stance mainly because of three reasons: 1. The focus on 12 percent long-term revenue growth...
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All You Need To Know Ahead Of Jabil's Upcoming Q3 Earnings Report
Thursday, June 9, 2016 - 2:53pm | 303Read More...Jabil Circuit, Inc. (NYSE: JBL) is reporting its third-quarter earnings on June 15, and RBC has said the main focus will be on the company's ability to sustain revenue growth if iPhone headwind persists. RBC now expects third-quarter revenue/EPS at $4.14 billion/$0.14, which is slightly below...
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5 Things To Expect From Apple's Worldwide Developer Conference
Thursday, June 2, 2016 - 8:56am | 335Read More...Apple Inc. (NASDAQ: AAPL) is scheduled to host its annual Worldwide Developer Conference on June 13-17, in San Francisco. RBC Capital’s Amit Daryanani maintained an Outperform rating on the company, with a price target of $120. “We expect Siri to be at center stage this year, along...
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RBC Expects Apple's Siri To Be A WWDC Focus
Thursday, June 2, 2016 - 7:55am | 340Read More...Apple Inc. (NASDAQ: AAPL) is hosting its annual Worldwide Developer Conference (WWDC) on June 13-17 in San Francisco, and RBC expects Siri to hog the limelight this year, along with extensive OS upgrades and potential macbook pro refresh. Siri SDK & More: "Expect AAPL to showcase Siri...
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Daryanani: Repatriation Talk Could Drive Apple Higher
Tuesday, April 26, 2016 - 3:26pm | 277Read More...Apple Inc. (NASDAQ: AAPL) stock could gain if it talks about repatriating its billions of dollars in offshore funds, RBC Capital Markets' Amit Daryanani told CNBC ahead of earnings. "The expectation today is about a 10 percent uptick in capital allocation as you go into the call. If it...
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Udall: Apple Needs M&A And Growth, Not Buybacks
Monday, March 28, 2016 - 11:38am | 248Read More...Shares of Apple Inc. (NASDAQ: AAPL) were trading nearly flat during Monday's trading session as several tech experts offered mixed feelings on the stock. RBC Capital Market's Amit Daryanani commented in a note that Apple could "comfortably" boost its share repurchase and...















