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Citi Raises Price Target On Hewlett-Packard
Wednesday, December 17, 2014 - 3:49pm | 181Read More...Citi raised its price target on Hewlett-Packard Company (NYSE: HPQ) Wednesday from $40 to $46 and maintained a Buy rating. Analyst Jim Suva commented that with “HP set to break up the company in less than 12 months, we are transitioning to a sum-of-the-parts (SOTP) valuation methodology,...
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Citigroup Raises Apple's Price Target, Sees What Consensus Is Missing
Monday, December 8, 2014 - 9:33am | 273Read More...Citigroup raised its price target on Apple Inc. (NASDAQ: AAPL) Monday from $120 to $135. Analyst Jim Suva noted that the firm “conducted global field work revealing material changes that we believe consensus is not incorporating at this time. “While most correctly see stronger...
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Citigroup: Apple Pay, Passbook Could be 'Very Innovative And Disruptive'
Tuesday, November 18, 2014 - 3:20pm | 291Read More...In a note to clients on Tuesday, Jim Suva of Citigroup described Apple Inc.'s (NASDAQ: AAPL) mobile payment system, Apple Pay, and Passbook as potentially being "very innovative and disruptive to many everyday user experiences." According to the analyst, Apple's strength...
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Hewlett-Packard Up 6%; Analyst Notes Key Recent Cash Flow Gains
Thursday, August 21, 2014 - 2:41pm | 259Read More...Hewlett-Packard (NYSE: HPQ) shares gained nearly six percent Thursday afternoon following its fiscal third-quarter revenue beat and in line outlook. The computer maker posted fiscal third-quarter revenue growth of one percent to $27.58 million and slightly ahead of the consensus. Earnings of $0...
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UPDATE: Citi Initiates Coverage On Apple
Wednesday, July 16, 2014 - 8:49am | 67Read More...In a report released Wednesday, Citi analyst Jim Suva initiated coverage on Apple (NASDAQ: AAPL) with a Buy rating and $110.00 price target. Suva looks forward to the company's new carrier actions influencing an increase in market share in data. Analysts at Citi don't have many...
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UPDATE: Citigroup Downgrades Xerox On Limited Upside
Tuesday, July 1, 2014 - 11:04am | 229Read More...In a report published Tuesday, Citi analyst Jim Suva downgraded Xerox (NYSE: XRX) from Buy to Neutral given the run-up in share price over the past year. Over the past 12 months, shares of Xerox have gained 35 percent versus the 20 percent increase seen by the S&P 500. The stock is within five...
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Ingram Micro Shares Sink Despite Buoyant Analyst Comments
Friday, June 27, 2014 - 10:45am | 199Read More...Ingram Micro (NYSE: IM) shares fell 1.6 percent Friday despite positive analyst comments following a meeting with managers. The supply management and logistics company told analysts Thursday to expect 2016 earnings of $3.40 to $3.70 per share and annual revenue growth of four percent to six...
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Citi Reiterates On Hewlett-Packard Following Call With VP Of Tech Supply
Friday, May 30, 2014 - 1:30pm | 261Read More...In a report published Thursday, Citi analyst Jim Suva reiterated a Buy rating and $40.00 price target on Hewlett-Packard (NYSE: HPQ) following a conference call. On May 29, Suva hosted an investor conference call with Antoine Simonnet, the VP of Technology Supply Chain & Personal Systems...
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Analysts Ranging Views On Hewlett-Packard's Q2 Results
Friday, May 23, 2014 - 2:37pm | 200Read More...Hewlett-Packard (NYSE: HPQ) released second quarter earnings Thursday with analyst commentary rolling in on Friday. Analysts have ranging views about Hewlett-Packard from very bullish to more bearish. UBS: Neutral, $34 PT Analyst Steven Milunovich saw that Hewlett-Packard coming in at...
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UPDATE: Citi Upgrades Synnex
Wednesday, January 15, 2014 - 11:59am | 159Read More...In a report published Wednesday, Citi analyst Jim Suva upgrades Synnex (NYSE: SNX) to Buy from Neutral, raises target price to $72.00 from $64.00. According to the report, the upgrade represents ~22 percent upside. The analyst's target price is based on a P/E of 11x (unchanged) but their EPS moves...
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UPDATE: Citigroup Downgrades Jabil Circuit on Lack of Visibility
Wednesday, December 18, 2013 - 10:32am | 120Read More...In a report published Wednesday, Citigroup analyst Jim Suva downgraded the rating on Jabil Circuit (NYSE: JBL) from Neutral to Sell, and lowered the price target from $24.00 to $14.00. In the report, Citigroup noted, “We are downgrading Jabil shares to Sell from Neutral with a lowered $14 target...
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UPDATE: Citigroup Reiterates on NetApp on Mixed Factors
Thursday, November 14, 2013 - 9:39am | 119Read More...In a report published Thursday, Citigroup analyst Jim Suva reiterated a Neutral rating on NetApp (NASDAQ: NTAP), and raised the price target from $41.00 to $43.00. In the report, Citigroup noted, “For 2FQ14 (Oct quarter), NTAP reported revs of $1.55B (+1% y/y, +2% q/q), which were below consensus...
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UPDATE: Citigroup Upgrades BlackBerry as Long-Term Thesis Has Played Out
Thursday, October 3, 2013 - 10:16am | 166Read More...In a report published Thursday, Citigroup analyst Jim Suva upgraded the rating on BlackBerry Ltd. (NASDAQ: BBRY) from Sell to Neutral, and raised the price target from $7.00 to $9.00. In the report, Citigroup noted, “We are upgrading BBRY from Sell to Neutral. Our Long term thesis of market share...
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UPDATE: Citigroup Raises PT on Molex Following Acquisition Announcement by Koch Industries
Tuesday, September 10, 2013 - 11:42am | 141Read More...In a report published Tuesday, Citigroup analyst Jim Suva reiterated a Neutral rating on Molex (NASDAQ: MOLX), and raised the price target from $30.00 to $38.50. In the report, Citigroup noted, “Monday morning, September 9, Molex announced it would be acquired by Koch Industries (private company)...
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UPDATE: Citigroup Raises PT on AVX Following June Sales/EPS
Thursday, August 1, 2013 - 9:17am | 105Read More...In a report published Thursday, Citigroup analyst Jim Suva reiterated a Neutral rating on AVX (NYSE: AVX), and raised the price target from $11.50 to $13.00. In the report, Citigroup noted, “AVX reported 1FQ'14 (June) sales/EPS of $369m/$0.16 near the street's expectations of $370m/$0.15 and...


