IHS (NYSE: IHS), Lear Co. (NYSE: LEA), NetGear Inc. (NASDAQ: NTGR), BCE Inc. (NYSE: BCE), Broadcom Corp. (NASDAQ: BRCM) and Canadian Pacific Railway Limited (NYSE: CP) had price targets adjusted by analysts.
IHS (IHS) had its price target raised by Goldman Sachs (NYSE:GS) to $88.00. They have a “Neutral” rating on the company.
Lear Co. (LEA) had its price target lowered by Barclays Capital from $62.00 to $59.00. They have an “Overweight” rating on the company.
NetGear Inc. (NTGR) had its price target raised by Goldman Sachs to $37.00. They have a “Neutral” rating on the company.
BCE Inc. (BCE) had its price target raised by BMO Capital Markets to $44.00.
Broadcom Corp. (BRCM) had its price target lowered by FBR Capital from $45.00 to $41.00. They have an “Outperform” rating on the company.
Canadian Pacific Railway Limited (CP) had its price target raised by BMO Capital Markets to $75.00.
Showing posts with label Netgear. Show all posts
Showing posts with label Netgear. Show all posts
Tuesday, January 10, 2012
Wednesday, August 24, 2011
Juniper Networks (NASDAQ: JNPR), NetGear Inc (NASDAQ: NTGR) and Polycom (NASDAQ: PLCM) Price Targets Cut
Juniper Networks (NASDAQ: JNPR), NetGear Inc (NASDAQ: NTGR) and Polycom (NASDAQ: PLCM) had price targets on them cut by analysts.
Juniper Networks (JNPR) had its price target lowered by Barclays Capital from $34.00 to $30.00. They have an “Overweight” rating on the company.
NetGear Inc. (NTGR) had its price target lowered by Barclays Capital from $39.00 to $35.00. They have an “Equal Weight” rating on the company.
Polycom (PLCM) had its price target lowered by Barclays Capital from $30.00 to $25.00. They have an “Equal Weight” rating on the company.
Juniper Networks (JNPR) had its price target lowered by Barclays Capital from $34.00 to $30.00. They have an “Overweight” rating on the company.
NetGear Inc. (NTGR) had its price target lowered by Barclays Capital from $39.00 to $35.00. They have an “Equal Weight” rating on the company.
Polycom (PLCM) had its price target lowered by Barclays Capital from $30.00 to $25.00. They have an “Equal Weight” rating on the company.
Friday, July 15, 2011
Northgate (NXG) (SWC) (RTI) (MMM) (NTGR) Downgraded by Analysts
Northgate Minerals Co. (NYSE: NXG), Stillwater Mining (NYSE: SWC), RTI International Metals, Inc. (NYSE: RTI), 3M Company (NYSE: MMM) and NetGear Inc (NASDAQ: NTGR) were all downgraded by analysts.
Bank of America (NYSE: BAC) downgraded 3M Company (MMM) from a “Neutral” rating to an “Underperform” rating. They have a price target of $106.00 on the company. They cited valuation as the catalyst behind the call.
CIBC downgraded Northgate Minerals Co. (NYSE: NXG) to a “sector perform” rating.
JPMorgan Chase & Co. (NYSE: JPM) downgraded Stillwater Mining (SWC) to a “neutral” rating. They have a price target of $23.00 on the company. They cited valuation as the catalyst behind the call.
Goldman Sachs (NYSE: GS) downgraded RTI International Metals, Inc. (RTI) from a “neutral” rating to a “sell” rating. They have a price target of $40.00 on the company.
Barclays Capital downgraded NetGear Inc (NTGR) from an “overweight” rating to a “neutral” rating. They have a price target of $47.00 on the company.
Bank of America (NYSE: BAC) downgraded 3M Company (MMM) from a “Neutral” rating to an “Underperform” rating. They have a price target of $106.00 on the company. They cited valuation as the catalyst behind the call.
CIBC downgraded Northgate Minerals Co. (NYSE: NXG) to a “sector perform” rating.
JPMorgan Chase & Co. (NYSE: JPM) downgraded Stillwater Mining (SWC) to a “neutral” rating. They have a price target of $23.00 on the company. They cited valuation as the catalyst behind the call.
Goldman Sachs (NYSE: GS) downgraded RTI International Metals, Inc. (RTI) from a “neutral” rating to a “sell” rating. They have a price target of $40.00 on the company.
Barclays Capital downgraded NetGear Inc (NTGR) from an “overweight” rating to a “neutral” rating. They have a price target of $47.00 on the company.
Saturday, May 21, 2011
Price Targets (MRK) (NTGR) (SBNY) (SMTC) (SNDK) Weekly Recap
Price targets on shares of Merck & Co Inc (NYSE: MRK), NetGear Inc (NASDAQ: NTGR), Signature Bank (NASDAQ: SBNY), Semtech (NASDAQ: SMTC) and SanDisk Co. (NASDAQ: SNDK) updated by analysts during the last week.
Bank of America (NYSE:BAC) raised their price target on Merck & Co Inc (MRK) to $41.00. They have a “buy” rating on the company.
Bank of America raised their price target on NetGear Inc (NTGR) from $44.00 to $50.00.
JPMorgan Chase & Co. (NYSE:JPM) raised their price target on Signature Bank (SBNY). They have an “overweight” rating on the company.
Morgan Keegan raised their price target on Semtech (SMTC) from $27.00 to $31.50. They have an “outperform” rating on the company.
Morgan Stanley (NYSE:MS) raised their price target on SanDisk Co. (SNDK) from $65.00 to $70.00. They have an “overweight” rating on the company.
Bank of America (NYSE:BAC) raised their price target on Merck & Co Inc (MRK) to $41.00. They have a “buy” rating on the company.
Bank of America raised their price target on NetGear Inc (NTGR) from $44.00 to $50.00.
JPMorgan Chase & Co. (NYSE:JPM) raised their price target on Signature Bank (SBNY). They have an “overweight” rating on the company.
Morgan Keegan raised their price target on Semtech (SMTC) from $27.00 to $31.50. They have an “outperform” rating on the company.
Morgan Stanley (NYSE:MS) raised their price target on SanDisk Co. (SNDK) from $65.00 to $70.00. They have an “overweight” rating on the company.
Price Targets (MA) (MRK) (NTGR) (PETD) (RDNT) Weekly Recap
Price targets on shares of MasterCard (NYSE: MA), Merck & Co Inc (NYSE: MRK), NetGear Inc (NASDAQ: NTGR), Petroleum Development Co. (NASDAQ: PETD) and Radnet Incorporated (NASDAQ: RDNT) updated by analysts during the last week.
Argus raised their price target on MasterCard (MA) from $300.00 to $325.00. They have a “buy” rating on the company.
UBS AG (NYSE:UBS) raised their price target on Merck & Co Inc (MRK) from $40.00 to $42.00. They have a “buy” rating on the company.
Bank of America (NYSE:BAC) raised their price target on NetGear Inc (NASDAQ: NTGR) from $44.00 to $50.00. They have a “buy” rating on the company.
Pritchard cut their price target on Petroleum Development Co. (PETD) from $52.00 to $50.00. They have a “neutral” rating on the company.
Morgan Keegan raised their price target on Radnet Incorporated (RDNT) from $4.30 to $5.15. They have an “outperform” rating on the company.
Argus raised their price target on MasterCard (MA) from $300.00 to $325.00. They have a “buy” rating on the company.
UBS AG (NYSE:UBS) raised their price target on Merck & Co Inc (MRK) from $40.00 to $42.00. They have a “buy” rating on the company.
Bank of America (NYSE:BAC) raised their price target on NetGear Inc (NASDAQ: NTGR) from $44.00 to $50.00. They have a “buy” rating on the company.
Pritchard cut their price target on Petroleum Development Co. (PETD) from $52.00 to $50.00. They have a “neutral” rating on the company.
Morgan Keegan raised their price target on Radnet Incorporated (RDNT) from $4.30 to $5.15. They have an “outperform” rating on the company.
Thursday, May 19, 2011
Buy Cisco (CSCO) Now Says Stern Agee
Cisco (NASDAQ:CSCO) was the topic of conversation of Stern Agee analyst Shaw Wu, who recommends acquiring the stock at this time before they fix most things the company.
Even trading where it is now, below $17 a share, Wu sees the company as a $27 to $28 per share company.
He reiterated a "Buy" rating on the stock today, with a price target of $29 on it.
Here's Wu's breakdown of the Cisco share price:
The router business at the same 20 times P/E as Juniper Networks (NASDAQ:JNPR), citing Cisco’s “high barriers to entry” and high profitability in that segment. That would equal 20 times 36 cents a share for this year, or $7 a Cisco share.
Switches should be valued at an 11 times P/E, below Netgear’s (NASDAQ:NTGR) 14 times P/E. That would be about 11 times 63 cents, or $7 a Cisco share.
New products are collectively valued at $5, using a 12 times multiple of the 45 cents those products generate in EPS, which is “conservative” according to Wu, relative to the multiples of some younger networking companies, such as F5 Networks (NASDAQ:FFIV), which has a 23 times multiple.
The Cisco services segment is valued $4 a share, a multiple of 10 times, below IBM’s (NYSE:IBM) 12 times P/E.
Add to that the $4 a share for Cisco’s cash after taxes, and you reach the $27 Wu sees.
Cisco was trading at $16.67, up $0.02, or 0.12 percent, as of 1:55 PM EDT.
Even trading where it is now, below $17 a share, Wu sees the company as a $27 to $28 per share company.
He reiterated a "Buy" rating on the stock today, with a price target of $29 on it.
Here's Wu's breakdown of the Cisco share price:
The router business at the same 20 times P/E as Juniper Networks (NASDAQ:JNPR), citing Cisco’s “high barriers to entry” and high profitability in that segment. That would equal 20 times 36 cents a share for this year, or $7 a Cisco share.
Switches should be valued at an 11 times P/E, below Netgear’s (NASDAQ:NTGR) 14 times P/E. That would be about 11 times 63 cents, or $7 a Cisco share.
New products are collectively valued at $5, using a 12 times multiple of the 45 cents those products generate in EPS, which is “conservative” according to Wu, relative to the multiples of some younger networking companies, such as F5 Networks (NASDAQ:FFIV), which has a 23 times multiple.
The Cisco services segment is valued $4 a share, a multiple of 10 times, below IBM’s (NYSE:IBM) 12 times P/E.
Add to that the $4 a share for Cisco’s cash after taxes, and you reach the $27 Wu sees.
Cisco was trading at $16.67, up $0.02, or 0.12 percent, as of 1:55 PM EDT.
Monday, May 16, 2011
Price Targets on (SMTC) (SNDK) (XUE) (NTGR) (MRK) (SBNY) Updated
Price targets on NetGear Inc (NASDAQ: NTGR), Semtech (NASDAQ: SMTC), SanDisk Co. (NASDAQ: SNDK), Xueda Education (NYSE: XUE), Merck & Co Inc (NYSE: MRK) and Signature Bank (NASDAQ: SBNY) were updated by analysts.
Bank of America (NYSE:BAC) raised their price target on NetGear Inc (NTGR) from $44.00 to $50.00.
Bank of America raised their price target on Merck & Co Inc (MRK) to $41.00. They have a “buy” rating on the company.
JPMorgan Chase & Co. (NYSE:JPM) raised their price target on Signature Bank (SBNY). They have an “overweight” rating on the company.
Morgan Keegan raised their price target on Semtech (SMTC) from $27.00 to $31.50. They have an “outperform” rating on the stock.
Morgan Stanley (NYSE:MS) raised their price target on SanDisk Co. (SNDK) from $65.00 to $70.00. They have an “overweight” rating on the company.
Goldman Sachs (NYSE:GS) raised their price target on Xueda Education (XUE) from $12.00 to $13.00. They have a “buy” rating on the company.
Bank of America (NYSE:BAC) raised their price target on NetGear Inc (NTGR) from $44.00 to $50.00.
Bank of America raised their price target on Merck & Co Inc (MRK) to $41.00. They have a “buy” rating on the company.
JPMorgan Chase & Co. (NYSE:JPM) raised their price target on Signature Bank (SBNY). They have an “overweight” rating on the company.
Morgan Keegan raised their price target on Semtech (SMTC) from $27.00 to $31.50. They have an “outperform” rating on the stock.
Morgan Stanley (NYSE:MS) raised their price target on SanDisk Co. (SNDK) from $65.00 to $70.00. They have an “overweight” rating on the company.
Goldman Sachs (NYSE:GS) raised their price target on Xueda Education (XUE) from $12.00 to $13.00. They have a “buy” rating on the company.
Price Targets on (MA) (MRK) (NTGR) (PETD) (RDNT) Updated
Price targets on MasterCard (NYSE: MA), Merck & Co Inc (NYSE: MRK), NetGear Inc (NASDAQ: NTGR), Petroleum Development Co. (NASDAQ: PETD) and Radnet Incorporated (NASDAQ: RDNT) were updated by analysts.
Argus raised their price target on MasterCard (MA) from $300.00 to $325.00. They have a “buy” rating on the company.
UBS AG (NYSE:UBS) raised their price target on Merck & Co Inc (MRK) from $40.00 to $42.00. They have a “buy” rating on the company.
Bank of America (NYSE:BAC) raised their price target on NetGear Inc (NTGR) from $44.00 to $50.00. They have a “buy” rating on the company.
Pritchard cut their price target on Petroleum Development Co. (PETD) from $52.00 to $50.00. They have a “neutral” rating on the company.
Morgan Keegan raised their price target on Radnet Incorporated (RDNT) from $4.30 to $5.15. They have an “outperform” rating on the company.
Argus raised their price target on MasterCard (MA) from $300.00 to $325.00. They have a “buy” rating on the company.
UBS AG (NYSE:UBS) raised their price target on Merck & Co Inc (MRK) from $40.00 to $42.00. They have a “buy” rating on the company.
Bank of America (NYSE:BAC) raised their price target on NetGear Inc (NTGR) from $44.00 to $50.00. They have a “buy” rating on the company.
Pritchard cut their price target on Petroleum Development Co. (PETD) from $52.00 to $50.00. They have a “neutral” rating on the company.
Morgan Keegan raised their price target on Radnet Incorporated (RDNT) from $4.30 to $5.15. They have an “outperform” rating on the company.
Monday, May 2, 2011
Price Targets On (MSI) (BWA) (NTGR) (OII) (PG) Updated
Motorola Solutions (NYSE: MSI), BorgWarner Inc (NYSE: BWA), NetGear Inc (NASDAQ: NTGR), Oceaneering International (NYSE: OII) and Procter & Gamble (NYSE: PG) had their price targets updated by analysts.
Barclays Capital (NYSE:BCS) raised their price target on shares of BorgWarner Inc (BWA) from $80.00 to $85.00. They have an “equal weight” rating on the company.
Deutsche Bank (NYSE:DB) raised their price target on Motorola Solutions (MSI) from $35.00 to $40.00. They have a “hold” rating on the company.
Goldman Sachs (NYSE:GS) raised their price target on NetGear Inc (NTGR) to $38.00. They have a “neutral” rating on the company.
Global Hunter Securities raised their price target on Oceaneering International (OII) from $81.00 to $90.00. They have a “neutral” rating on the company.
Caris & Company cut their price target on Procter & Gamble (PG) from $73.00 to $71.00. They have an “average” rating on the company.
Barclays Capital (NYSE:BCS) raised their price target on shares of BorgWarner Inc (BWA) from $80.00 to $85.00. They have an “equal weight” rating on the company.
Deutsche Bank (NYSE:DB) raised their price target on Motorola Solutions (MSI) from $35.00 to $40.00. They have a “hold” rating on the company.
Goldman Sachs (NYSE:GS) raised their price target on NetGear Inc (NTGR) to $38.00. They have a “neutral” rating on the company.
Global Hunter Securities raised their price target on Oceaneering International (OII) from $81.00 to $90.00. They have a “neutral” rating on the company.
Caris & Company cut their price target on Procter & Gamble (PG) from $73.00 to $71.00. They have an “average” rating on the company.
Tuesday, January 25, 2011
NETGEAR (NASDAQ:NTGR) Should Grow at 20% Clip
Citing security, storage and home WLAN, Barclays (NYSE:BCS) believes NETGEAR (NASDAQ:NTGR) will grow at a rate of 20 percent for years.
Barclays says, "Healthy long-term drivers should yield sales/EPS upside; at least $4.00+ possible in next 5 to 6 years: The rising trend of connecting home devices- TVs, PCs, Blu-ray players, and smartphones- is driving consumers to upgrade their home WLAN equipment. We believe these trends should make NTGR's 5-6 year $2B sales target (15% CAGR) achievable. Share gains in home WLAN, security, and storage could boost growth towards -20%. EPS power of at least $4, even $5, is possible over the next 5 to 6 years...We lift our estimates and price target; upside is likely: Our CY11 EPS rises to $2.15 from $2.05. We introduce CY12 EPS of $2.40; upside is likely to $2.70."
Barclays maintains an "Overweight" rating on NETGEAR (NTGR), which closed Monday at $34.37 gaining $1.17, or 3.52 percent. Barclays raised their price target on NETGEAR from $36 to $39.
Barclays says, "Healthy long-term drivers should yield sales/EPS upside; at least $4.00+ possible in next 5 to 6 years: The rising trend of connecting home devices- TVs, PCs, Blu-ray players, and smartphones- is driving consumers to upgrade their home WLAN equipment. We believe these trends should make NTGR's 5-6 year $2B sales target (15% CAGR) achievable. Share gains in home WLAN, security, and storage could boost growth towards -20%. EPS power of at least $4, even $5, is possible over the next 5 to 6 years...We lift our estimates and price target; upside is likely: Our CY11 EPS rises to $2.15 from $2.05. We introduce CY12 EPS of $2.40; upside is likely to $2.70."
Barclays maintains an "Overweight" rating on NETGEAR (NTGR), which closed Monday at $34.37 gaining $1.17, or 3.52 percent. Barclays raised their price target on NETGEAR from $36 to $39.
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