Author Archives: Ryan Adsit

Susquehanna Reiterates a Hold Rating on NetApp (NTAP)

Susquehanna analyst Mehdi Hosseini reiterated a Hold rating on NetApp (NTAP – Research Report) today and set a price target of $60. The company’s shares closed yesterday at $67.10. According to TipRanks.com, Hosseini is a 4-star analyst with an average

Maxim Group Sticks to Their Hold Rating for Pure Storage Inc (PSTG)

Maxim Group analyst Nehal Chokshi maintained a Hold rating on Pure Storage Inc (PSTG – Research Report) yesterday and set a price target of $22. The company’s shares closed yesterday at $15.50, close to its 52-week low of $13.99. Chokshi

H.C. Wainwright Remains a Buy on Magic Software Enterprises Ltd (MGIC)

H.C. Wainwright analyst Kevin Dede reiterated a Buy rating on Magic Software Enterprises Ltd (MGIC – Research Report) today and set a price target of $10. The company’s shares closed yesterday at $8.89. According to TipRanks.com, Dede is currently ranked

Analyst Explains Why They Downgraded Their Rating on Qualcomm Inc (QCOM)

In a report released today, Vijay Rakesh from Mizuho Securities downgraded Qualcomm Inc (QCOM – Research Report) to Hold, with a price target of $65. The company’s shares closed yesterday at $69.31. Rakesh observed: “We are moving to the sidelines

Raytheon (RTN) Received its Third Buy in a Row

After Wolfe Research and Jefferies gave Raytheon (NYSE: RTN) a Buy rating last month, the company received another Buy, this time from Cowen & Co. Analyst Cai Rumohr maintained a Buy rating on Raytheon today and set a price target

Goldman Sachs Thinks Infineon Technologies AG’s Stock is Going to Recover

In a report released today, Alexander Duval from Goldman Sachs maintained a Buy rating on Infineon Technologies AG (IFNNF – Research Report), with a price target of $21.50. The company’s shares closed on Monday at $19.08, close to its 52-week