Piper Jaffray’s Andrew Nowinski today reiterates an Overweight rating on shares of enterprise storage vendor Nimble Storage (NMBL), in advance of the company’s fiscal Q4 report Thursday, February 26th, after market close. Writes Nowinski, his “checks” of resellers of Nimble gear in January “showed a solid improvement,” which could produce a “beat and raise report,” [...]
As rumors of an Apple car start to gain speed, Piper Jaffray analyst Gene Munster has run the figures to find out what kind of business proposition automobiles could be for a company that tends to steer clear of small … Read more ›
Piper Jaffray analyst Gene Munster, who has long clamored for an Apple television set, said on Thursday that he believes a revamped Apple TV set-top box could prove to be a centerpiece for the company's fall 2015 product lineup.
Apple (AAPL) shares today are up 71 cents, or 0.6%, at $119.61, and a little while ago hit a lifetime high of $120, its market cap now flirting with $700 billion. To explain it all, Piper Jaffray’s Gene Munster, who has an Overweight rating on the stock, and a $135 price target, appeared on CNBC, [...]
Apple is expected to release the Apple Watch this March, but the company still needs to demonstrate its value to would-be buyers, according to Piper Jaffray's Gene Munster. "W e believe Apple needs to answer 'What is the value of the Watch?'" Munster said in a Monday note. Show More Summary
Apple partnered with IBM last year to sell iPads to businesses, but it may be missing a a huge opportunity, according to a recent note by Piper Jaffray's Gene Munster. " We believe that Mac may actually be a bigger enterprise opportunity than iPad," said Munster. Show More Summary
While most investors are focused on Apple's annual product cycles and growth, Piper Jaffray sees a new category of shareholders emerging, focused on the power of the platform and a loyal customer base.
Google might soon implement some major changes to its mobile payments service in order to better compete with Apple Pay. Analysts from Piper Jaffray predict that Google will "meaningfully upgrade" Google Wallet at its annual I/O conference...Show More Summary
Piper Jaffray’s Gene Munster today reviews his assumptions for Google (GOOGL) and Facebook (FB) given the rising U.S. dollar, which will probably bring results below consensus, he writes. Munster, who has an Overweight rating on both stocks, writes that currency effects will shave a little off results this year, and that the Street is only [...]
While numerous analysts have recently issued caution on our show, citing a number of parallels between today and events that precipitated back-to-back crises during 1997 and 1998, Piper Jaffray’s Craig Johnson tells Financial Sense Newshour, “We’re still bullish,”...
The Oculus booth at CES 2015. Piper Jaffray’s Gene Munster today reiterates an Overweight rating on shares of Facebook (FB), writing that he was impressed with the enthusiasm displayed at last week’s Consumer Electronics Show for Oculus Rift, the virtual reality startup that Facebook purchased last year for roughly $2 billion. Munster notes the long lines at [...]
Apple could sell tons of iPads this year, according to a Piper Jaffray survey published on Tuesday. The research firm polled over 100 chief information officers (CIOs) across multiple industries to get an idea of what companies will be spending on in 2015. Show More Summary
Piper Jaffray’s Ruben Roy today reiterates an Overweight rating on shares of DRAM and NAND chip maker Micron Technology (MU), and raises his price target a buck to $44, writing that the company should benefit from tight supply among all industry participants in 2015 as demand rises for parts in mobile applications and servers and for [...]
Piper Jaffray‘s Gene Munster today reiterates an Overweight rating on shares of Amazon.com (AMZN), and a $400 price target, writing that the company’s revenue growth in 2015 will be helped by the rise in users of its “Prime” subscription service, and also by same-day delivery. Reviewing Amazon’s press release from Friday, in which the company noted [...]
Demand for the iPhone 6 and iPhone 6 Plus has been growing even as Apple has significantly boosted available supply, according to a new survey conducted by Piper Jaffray analyst Gene Munster. According to Munster, who surveyed 1,004 U.S. Show More Summary
Though Apple's supply for the new iPhone has increased considerably, demand for the iPhone 6 "remains strong," according to a note from Piper Jaffray analyst Gene Munster. Piper Jaffray conducted a survey of 1,004 US customers, and 50% of people looking to purchase a smartphone in the next three months said they planned on buying an iPhone 6. Show More Summary
Piper Jaffray’s Gene Munster this afternoon reiterates an Overweight rating on shares of Apple (AAPL), and a $135 price target, writing that based on his “checks,” demand for the company’s iPhone 6 “remains strong,” and that “supply is improving. “Our survey work on consumer demand for the iPhone suggests that demand has increased since the [...]
According to a recent consumer survey conducted by investment firm Piper Jaffray, potential Apple Watch buyers are in a holding pattern as they await more details from Apple regarding core use cases and a fully fleshed out list of features.
Piper Jaffray’s overweight rating of Amazon.com, Inc. (NASDAQ:AMZN), and a price target of $400, for a stock that was trading at $297 at the closing bell might have caught many investors in disbelief. In an interview on CNBC, Piper Jaffray’s top analyst, Gene Munster, explained how this call which mostly revolves around the ever slight […]
Amazon.com, Inc. (NASDAQ:AMZN) long-term prospects may look glimmer to a number of investors but not to Piper Jaffray senior analyst, Gene Munster, who maintains it is the perfect time to hold a long position on the stock. The stock has been an underperformer for the better part of the year with CNBC’s, Joshua Brown, maintaining […]