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Fitbit Shares Underperform As Deutsche Bank Downgrades To Hold
Thursday, December 8, 2016 - 1:15pm | 324Read More...Fresh off an acquisition of certain assets of Pebble, analysts at Deutsche Bank downgraded shares of Fitbit Inc (NYSE: FIT) to Hold from Buy with a price target slashed to $9 from a previous $18. Deutsche Bank Commentary In a research report, Sherri Scribner highlighted data from IDC, which suggest...
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3 Key Highlights From Western Digital's Analyst Day
Wednesday, December 7, 2016 - 1:22pm | 358Read More...Following Western Digital Corp (NASDAQ: WDC)'s Analyst Day, Deutsche Bank Securities highlighted three key takeaways: Positive update to the second quarter 2017 guidance. Unveiling of a better-than-expected long-term financial model. Finalization of an eight-year renewal of an IP licensing and...
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Channel Checks Suggest Western Digital's Favorable Demand Trends Likely To Continue
Wednesday, October 19, 2016 - 7:48am | 292Read More...Western Digital Corp (NASDAQ: WDC) is scheduled to report its FQ1 2017 results on October 26. The company’s performance is likely to have been boosted by improved HDD demand and positive NAND pricing, Deutsche Bank’s Sherri Scribner said in a report. She maintained a Buy rating on the...
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Organic Growth Is What's Missing From The IBM Story At This Point
Tuesday, October 18, 2016 - 3:29pm | 259Read More...Sherri Scribner of Deutsche Bank is concerned with International Business Machines Corp. (NYSE: IBM)’s lack of organic growth and falling margins. Scribner maintained her Hold rating despite IBM’s third quarter beat. IBM’s third quarter sales of $19.2 billion and EPS of $3....
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Positive Commentary, But No Update On Guidance Expected From HP's Analyst Day This Week
Monday, October 10, 2016 - 3:26pm | 371Read More...Deutsche Bank expects HP Inc (NYSE: HPQ) to provide a positive commentary on the PC business, but do not expect an update to FY-16 guidance at the company's Securities Analyst Day on October 13. The brokerage expects the company to focus on the long-term drivers of the business with updates on the...
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Deutsche Bank Sees 3D Systems' Turnaround Still In Early Stages
Friday, May 6, 2016 - 2:20pm | 279Read More...Deutsche Bank remains on the sidelines on 3D Systems Corporation (NYSE: DDD), as it awaits "better clarity on a return to consistent organic growth and profitability." Citing that the company's turnaround plan is in its early stages, analyst Sherri Scribner noted that key for 3D Systems going...
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Deutsche Bank: Apple iPhone SE Won't Be Significant Refresh Driver
Tuesday, March 22, 2016 - 10:24am | 331Read More...Deutsche Bank’s Sherri Scribner maintained a Hold rating for Apple Inc. (NASDAQ: AAPL), with a price target of $105, saying that the company’s recently launched products were broadly in-line with expectations. Apple has launched the new iPhone SE, a 4” iPhone that resembles...
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These 2 Firms Say iPhone SE And iPad Pro Won't Drive Significant Sales
Tuesday, March 22, 2016 - 9:12am | 675Read More...At a time when the Street is expecting a low-cost iPhone SE could drive Apple Inc. (NASDAQ: AAPL) sales, these two firms think otherwise. Deutsche Bank Deutsche Bank's Sherri Scribner said, "Without any new features or functionality versus the iPhone 6s, and with the same form factor as the...
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Watch Out: Stratasys Stock May No Longer Be Worth Buying
Monday, November 9, 2015 - 10:15am | 336Read More...Stratasys, Ltd. (NASDAQ: SSYS) has seen a 66.8 percent decline in its share price, which hit a low of $25.50 on October 30. Deutsche Bank’s Sherri Scribner has downgraded the rating on the company from Buy to Hold, while lowering the price target from $40 to $28. The downgrade...
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HP Enterprise Is 'Misunderstood,' Deutsche Bank Says
Friday, November 6, 2015 - 10:57am | 328Read More...Hewlett-Packard Company has been split into two publicly traded companies, namely Hewlett Packard Enterprise Co (NYSE: HPE) and HP Inc. Deutsche Bank’s Sherri Scribner initiated coverage of HP Enterprise with a Buy rating and a price target of $23. Strong of HP Enterprise’s...
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Hardware Winners And Losers From The Public Cloud Growth Boom
Tuesday, November 3, 2015 - 4:20pm | 479Read More...Deutsche Bank sees the public cloud model as one of the biggest disruptors to the IT market since the invention of the PC. The firm views HDD companies and volume server vendors as potential hardware winners from the cloud transition. Stand-alone storage companies could end up the biggest losers...
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2 Analysts That See Apple Stock In 'Holding Pattern'
Wednesday, October 28, 2015 - 11:51am | 424Read More...Apple Inc. (NASDAQ: AAPL) reported Q3 earnings ahead of expectations. The company continues to deliver strong numbers but lacks near-term catalysts. Deutsche Bank and Cowen believe that Apple will likely be range-bound in coming quarters. Apple is trading up modestly in Wednesday...
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Apple Hires Deep-Learning Expert, Patents iPhone Screen Protector & More Stories From Cupertino Last Week
Monday, October 26, 2015 - 10:33am | 699Read More...Shares of Apple Inc. (NASDAQ: AAPL) have lost more than 8 percent over the past six months as investors may be losing confidence in its ability to demonstrate sustained growth. Sherri Scribner of Deutsche Bank highlighted several new developments that may be of interest to investors....
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Why Trading At Low Valuation Isn't Reason Enough For Apple To Move Higher
Wednesday, August 5, 2015 - 3:26pm | 344Read More...Whenever Apple Inc. (NASDAQ: AAPL)'s stock has had a downturn in the better part of the last decade, investors have comforted themselves by citing the company's low valuation. However, according to Sherri Scribner, Deutsche Bank senior equity research analyst, Apple's valuation is in...
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7 Headlines From Apple's Big Week
Monday, July 27, 2015 - 2:45pm | 467Read More...Last week was an important week for Apple Inc. (NASDAQ: AAPL) and its shareholders. Deutsche Bank analyst Sherri Scribner released a new report on Monday with a list of all the big headlines from Apple’s big week. Disappointing Earnings The most important piece of news last week was...
