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Cisco Doubles Down, Focused On The Road Ahead
Thursday, August 18, 2016 - 9:58am | 342Read More...Cisco Systems, Inc. (NASDAQ: CSCO) reported its FQ4 results, with the earning beating expectations, driven by the top line and margins. Morgan Stanley’s James E. Faucette maintains an Equal-Weight rating, while raising the price target from $28 to $30. FQ4 Beat “Cisco reported upside to...
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Square 'Made Up' For Last Quarter; Morgan Stanley Raises Price Target To $11
Thursday, August 4, 2016 - 8:19am | 301Read More...Square Inc (NYSE: SQ) reported robust 2Q16 results, with the key metrics beating expectations, including the adjusted EBITDA, GPV and adjusted revenue. Morgan Stanley’s James E. Faucette maintains an Equal-Weight rating on the company, while raising the price target from $10 to $11. Solid 2Q...
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Square Going Heavy On Stock-Based Compensation, Could Delay Push For Profitability
Thursday, June 30, 2016 - 11:06am | 273Read More...Morgan Stanley’s James E. Faucette believes the upside opportunities for Square Inc (NYSE: SQ) are largely reflected in the current stock valuation. Faucette maintains an Equal-Weight rating on the company, while lowering the price target from $12 to $10. Elevated SBC Levels The analyst...
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GoPro Crashes Again After Morgan Stanley Downgrade And 38% Downside Forecast
Monday, December 14, 2015 - 9:12am | 299Read More...Shares of GoPro Inc (NASDAQ: GPRO) have declined 69.71 percent year to date, trading almost at their 52 week low on December 9. Morgan Stanley’s James E. Faucette has downgraded the rating on the company from Equal-weight to Underweight, while lowering the price target from $23 to $12...
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BlackBerry Needs Software Growth: Morgan Stanley
Tuesday, September 22, 2015 - 8:50am | 326Read More...The share price of BlackBerry Ltd. (NASDAQ: BBRY) has declined from the high of $12.595 in January 2015 to $7.42 at closing on September 21. Morgan Stanley’s James E. Faucette has maintained an Equal-weight rating and price target of $7 on the company. Faucette believes that the...
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Morgan Stanley Sees Acquisitions Becoming Key To Hitting Revenue Targets For BlackBerry
Monday, March 30, 2015 - 7:21am | 108Read More...In a report published Monday, Morgan Stanley analyst James E. Faucette reiterated an Underweight rating and $7.00 price target on BlackBerry Ltd (NASDAQ: BBRY). In the report, Morgan Stanley noted, "BlackBerry Q4 results beat earnings estimates through better cost management and tax benefits, but...
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GoPro's Growth Is 'Content Enablement,' But What Does That Mean?
Thursday, March 5, 2015 - 11:12am | 334Read More...Morgan Stanley commented on GoPro Inc (NASDAQ: GPRO) Thursday following meetings with the company's CEO Nick Woodman and CFO Jack Lazar. The firm maintained an Equal-weight rating and $57 price target. Analysts led by James E. Faucette felt that "GoPro's leadership in video editing...
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Analysts: Little Upside For Aruba Networks
Friday, February 27, 2015 - 3:43pm | 355Read More...Aruba Networks, Inc. (NASDAQ: ARUN) has limited upside after a buyout rumor and second-quarter earnings beat pushed its shares up more than 30 percent, a couple of analysts said Friday. Shares of the Wi-Fi equipment company soared Wednesday on a Bloomberg report that Hewlett-Packard Company (...
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Morgan Stanley Sees Good Start To Year For GoPro
Friday, February 6, 2015 - 9:48am | 150Read More...In a report published Friday, Morgan Stanley analyst James E. Faucette reiterated an Equal-Weight rating and $57.00 price target on GoPro Inc (NASDAQ: GPRO). In the report, Morgan Stanley noted, "Improved editing and software automation still key to long-term potential. GoPro posted impressive...
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Morgan Stanley Sees GoPro Setting Sights On Q1 Demand
Thursday, January 29, 2015 - 9:57am | 181Read More...In a report published Thursday, Morgan Stanley analyst James E. Faucette reiterated an Equal-Weight rating and $57.00 price target on GoPro Inc (NASDAQ: GPRO). In the report, Morgan Stanley noted, “Our channel checks reflected the expected drop in post-holiday sales, but we saw strong sell-through...
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Morgan Stanley Says BlackBerry Classic 'Probably Isn't For You'
Thursday, December 18, 2014 - 10:25am | 392Read More...Morgan Stanley commented on BlackBerry Ltd (NASDAQ: BBRY) Thursday and maintained an Underweight rating. Analysts led by James E. Faucette commented that “the Classic probably isn’t for you (at least definitely not for your kids).” The reason it isn’t for most of us is...
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UPDATE: Morgan Stanley Reiterates On Cisco Systems As Continued Execution Should Improve Confidence
Wednesday, November 19, 2014 - 9:03am | 93Read More...In a report published Wednesday, Morgan Stanley analyst James E. Faucette reiterated an Overweight rating on Cisco Systems (NASDAQ: CSCO), but removed the $30.00 price target. In the report, Morgan Stanley noted, “Our review of filings indicates that CSCO remained the least widely held large cap...
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UPDATE: Morgan Stanley Downgrades BlackBerry As Market Has Swung Too Optimistic
Wednesday, November 19, 2014 - 8:34am | 133Read More...In a report published Wednesday, Morgan Stanley analyst James E. Faucette downgraded the rating on BlackBerry Ltd. (NASDAQ: BBRY) from Equal-Weight to Underweight, but named a $7.00 price target. In the report, Morgan Stanley noted, “We believe that the market has largely valued the company based...
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Morgan Stanley Believes Return To Growth Looks Promising For Cisco Systems
Thursday, November 13, 2014 - 9:34am | 140Read More...In a report published Thursday, Morgan Stanley analyst James E. Faucette reiterated an Overweight rating and $30.00 price target on Cisco Systems, Inc. (NASDAQ: CSCO). In the report, Morgan Stanley noted, “2015 product cycles set to solidify return to growth; margin improvement would demand...
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Morgan Stanley Upgrades Ruckus Wireless
Thursday, October 30, 2014 - 12:57pm | 208Read More...Morgan Stanley issued a report on WiFi Thursday and upgraded Ruckus Wireless Inc (NYSE: RKUS) from Underweight to Equal-weight with a $13 price target. Analysts led by James E. Faucette expected "an in-line quarter from Ruckus as service provider spending, while challenged, has...
