Posts Tagged ‘ Evercore Partners ’

Intel Corporation (INTC) New CEO Aims A Faster Shift To Mobile

May 3, 2013

Brian Krzanich, the newly appointed chief executive officer of Intel Corporation (NASDAQ:INTC) aims to lead the company into a new generation by implementing a faster shift to the mobile business. In a statement, Brian Krzanich emphasized that Intel Corporation (NASDAQ:INTC) has amazing assets, tremendous talents and unmatched legacy of innovation and execution. He is enthusiastic in working with the company’s leadership team and employees worldwide to lead Intel into the next era and continue its...
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Evercore Joins Firms Cutting Apple Inc. (AAPL) Price Target

By Nicholas Maithya

January 3, 2013

Apple Inc. (NASDAQ:AAPL) continues to be rated Overweight, Outperform, Buy and in some cases Strong Buy by leading analysts. However, we cannot talk in a similar tone when it comes to its price target. Over the recent past, analysts have been reducing their price targets on the stock and Evercore Partners Inc. (NYSE:EVR) is the latest to join the list of firms, as reported in our previous articles. In a report published Wednesday, Evercore Partners...
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Facebook Inc (FB) Expected To Have A Brighter Outlook: Evercore

By Aman Jain

December 19, 2012

Facebook Inc (NASDAQ:FB) is expected to have a ‘Brighter Outlook’ according to a research report released from Evercore Partners Inc. (NYSE:EVR). As per the data provided by COMSCORE, Inc. (NASDAQ:SCOR), the social networking giant will experience a strong increase in mobile ad coverage in addition to better than expected mobile traffic data. On the basis of the data from comScore, Evercore partners believe that the company has the potential to beat its prior estimates....
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Apple Inc. (AAPL) Still Has Headroom Left For Growth: Evercore

By Vikas Shukla

November 27, 2012

Evercore Partners, a New York-based equity research firm, says in its latest report that Apple has plenty of headroom left for growth. Apple Inc. (NASDAQ:AAPL) stocks have plunged recently, due to concerns over the decline in gross margins after the release of iPhone 5 and iPad Mini. Apple Inc. (NASDAQ:AAPL) is currently trading at $589.53. Evercore holds an Overweight rating on Apple stock, along with a price target of $775. Dollar Shift In The IT Hardware...
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Knight Capital Group Sale Rumors: What is the Company Worth?

By DebbieBaratz

November 26, 2012

After rumors started this past weekend of a potential sale, shares of Knight Capital Group Inc. (NYSE:KCG) are actively trading on Monday. As of 3:00 p.m. ET, the stock is up 18.07 percent, trading at $2.94. On Saturday, the Wall Street Journal reported that the firm was holding talks to potentially sell its large and profitable market-making operation. From 2009 to 2011, the unit had pretax profits of $663.8 million, but in 2012′s first...
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Apple Inc. (AAPL) Q1’13 Should Be Far Stronger Than Q4: Evercore

By Aman Jain

October 22, 2012

Despite weak PC and cell-phone demand, Apple Inc. (NASDAQ:AAPL) continues on its growth path using “hardware+software innovation to pull dollars away from others”. A report from Evercore Partners lowers its September quarter estimates, as iPhone 5 has started shipping only from September 21st and iPad Mini will not be launched this quarter. The report says “For its Sep-qtr, amidst multiple products cycling, we modestly trim our revs/EPS estimates to $36.5B (+29%Y/Y) and $9.03 (+28%Y/Y)...
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Interview With Groupon CEO Mason Regarding Shares Falling To New Low

By Saul Griffith

August 17, 2012

Groupon Inc (NASDAQ:GRPN) shares are at $4.57 today, down almost 9 percent, and reeling from a downgrade by Evercore Partners Inc. (NYSE:EVR) on concerns of a likely decline in billings. According to Ken Sena, analyst at Evercore Partners Inc. (NYSE:EVR), “We see potential for future cash burn, assuming billing declines persist, as the deteriorating impact of ‘changes in accounts payable’ could be enough to offset growth in income earned.” Sena cut the price target for Groupon Inc...
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Groupon (GRPN) is Actually Upgraded by Evercore Partners

By Jacob Wolinsky

April 24, 2012

Groupon Inc (NASDAQ:GRPN) was upgraded by Evercore Partners Inc. (NYSE:EVR) yesterday. The firm states that Groupon Inc (NASDAQ:GRPN) is only trading at 10x 2013 EBITDA estimates. They are bullish on growth and seem unconcerned about accounting issues. Evercore notes that Groupon now trades just 15% higher than the reported $6 billion offer made by Google. However, who says Google made a good offer? Google made a great acqusition with Ebay, but tech firms many times overpay for them....
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