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May 1, 2024
17 mins ago
Wedbush analyst Matt Bryson upgraded Seagate Technology Holdings Inc (NASDAQ:STX) from Neutral to Outperform with a $100 price target. The re-rating reflected an improving nearline Hard Disk Drive (HDD) demand environment that creates a likely upside to Bryson’s near-term expectations and his increased conviction that Heat Assisted Magnetic Recording (HAMR) is a “good” technology, with the ramp of HAMR only likely to augment favorable nearline trends. According to the analyst, more certainty about HAMR progress creates intermediate to longer-term room for share, margin, and profit expansion. Also Read: Seagate Is Set for Success, Analyst Highlights Demand and Pricing Strength Bryson’s checks fit with STX’s suggestion the most recent hold-up in qualification is a component issue rather than a more significant technology …Full story available on Benzinga.com
174012
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May 1, 2024
18 mins ago
Dollar Tree Inc (NASDAQ:DLTR) shares were up by 1.6% to $120.11 at the time of publication on Wednesday, less than a week after the company reported disappointing quarterly results. The BBQ season is around the corner and fundamentals could accelerate into the back half of the year, according to KeyBanc Capital Markets. The Dollar Tree Analyst: Bradley Thomas upgraded the rating for Dollar Tree from Sector Weight to Overweight, while establishing a price target of $150. The Dollar Tree Thesis: While the “R.I.B.S.” framework suggests the company’s fundamentals could …Full story available on Benzinga.com
174013
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May 1, 2024
19 mins ago
MIDDLETOWN, R.I., May 01, 2024 (GLOBE NEWSWIRE) — KVH Industries, Inc. (Nasdaq: KVHI), will announce its financial results for the first quarter that ended on March 31, 2024, on Monday, May 6, 2024. In conjunction with the release, the company will conduct its investor conference call at 4:30 p.m. ET, hosted by Mr. Brent Bruun, CEO and Mr. Anthony Pike, CFO.
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May 1, 2024
17 mins ago
Wedbush analyst Matt Bryson upgraded Seagate Technology Holdings Inc (NASDAQ:STX) from Neutral to Outperform with a $100 price target. The re-rating reflected an improving nearline Hard Disk Drive (HDD) demand environment that creates a likely upside to Bryson’s near-term expectations and his increased conviction that Heat Assisted Magnetic Recording (HAMR) is a “good” technology, with the ramp of HAMR only likely to augment favorable nearline trends. According to the analyst, more certainty about HAMR progress creates intermediate to longer-term room for share, margin, and profit expansion. Also Read: Seagate Is Set for Success, Analyst Highlights Demand and Pricing Strength Bryson’s checks fit with STX’s suggestion the most recent hold-up in qualification is a component issue rather than a more significant technology …Full story available on Benzinga.com
AVGO
DDIV
IDAT
STX
174012
News
May 1, 2024
18 mins ago
Dollar Tree Inc (NASDAQ:DLTR) shares were up by 1.6% to $120.11 at the time of publication on Wednesday, less than a week after the company reported disappointing quarterly results. The BBQ season is around the corner and fundamentals could accelerate into the back half of the year, according to KeyBanc Capital Markets. The Dollar Tree Analyst: Bradley Thomas upgraded the rating for Dollar Tree from Sector Weight to Overweight, while establishing a price target of $150. The Dollar Tree Thesis: While the “R.I.B.S.” framework suggests the company’s fundamentals could …Full story available on Benzinga.com
DLTR
174013
News
May 1, 2024
19 mins ago
MIDDLETOWN, R.I., May 01, 2024 (GLOBE NEWSWIRE) — KVH Industries, Inc. (Nasdaq: KVHI), will announce its financial results for the first quarter that ended on March 31, 2024, on Monday, May 6, 2024. In conjunction with the release, the company will conduct its investor conference call at 4:30 p.m. ET, hosted by Mr. Brent Bruun, CEO and Mr. Anthony Pike, CFO.
KVHI
174014
News
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4 Comments
Most Voted
13 days ago
🍿 Tech earnings as a ‘golden buying opportunity’? Dan Ives’ optimism is contagious! Any specifics on which tech sectors he sees shining brightest?
13 days ago
📈 Tech earnings opportunity.
13 days ago
💼 Dan Ives bullish.
13 days ago
📈 Golden buying chance.