The Latest Breaking News from Rosenblatt

Benzinga's Top Ratings Upgrades, Downgrades For August 17, 2022

 

Benzinga · Aug 17, 2022

Key Takeaways From Rosenblatt's View On Chipmakers' Earnings

Rosenblatt analyst Kevin Cassidy highlighted some key takeaways from last week's semiconductor earnings. Last week's earnings reports made it clear that companies exposed to the higher-end of markets saw their earnings holding up better. 

Benzinga · Aug 8, 2022

Western Digital Price Target Cut By Analysts Post Q4 Beat

Western Digital Corp (NASDAQ:WDC) clocked 8% year-on-year revenue growth to $4.53 billion in Q4, beating the consensus of $4.49 billion. Non-GAAP EPS of $1.78 beat the consensus of $1.68. Barclays analyst Tom O'Malley had an Equal Weight and $55 price target. The market expected a reset, but the depths of decline and the exclusion…

Benzinga · Aug 8, 2022

Rosenblatt Re-Rates Ambarella Following Its Extended Relationship With This Autonomous Driving Truck Technology Company

Rosenblatt analyst Kevin Cassidy noted that Inceptio Technology, an autonomous driving truck technology, and operation company, selected Ambarella, Inc's (NASDAQ:AMBA) edge AI system-on-chip to deliver Level 3 automated driving. Ambarella's AI SoC included surround camera and front ADAS perception with AI compute using two of Ambarella's CV2FS and CV2AQ SoCs. Inceptio confirmed that their…

Benzinga · Jun 23, 2022

Rosenblatt Sees 200% Upside In SMART Global, Coming From Data Center Demand For Specialty Memory

Rosenblatt analyst Kevin Cassidy expected SMART Global Holdings, Inc (NASDAQ: SGH) to deliver a slight beat-n-raise to consensus 3QF22 and 4QF22 outlook.

Benzinga · Jun 22, 2022

Rosenblatt Re-Rates Imax As Jurassic World Dominion Continues To Rule Charts

Rosenblatt analyst Steve Frankel reiterated a Buy rating on Imax Corp (NYSE: IMAX)

Benzinga · Jun 21, 2022

Here's Why This Analyst Slashed Twitter's Price Target By 39%

Rosenblatt analyst Barton Crockett maintained Twitter, Inc (NYSE:TWTR) with a Neutral and cut the price target from $54.2 to $33, below Tesla, Inc (NASDAQ:TSLA) chief's takeover bid. Crockett believed that the absence of the deal would lead to even lower share prices for Twitter. Social media comparables were already hit by a possible weakening ad market likely…

Benzinga · Jun 21, 2022

Read Rosenblatt's Take On Amazon

Rosenblatt analyst Barton Crockett updated Amazon.com Inc (NASDAQ: AMZN) for the 20-1 share split completed on June 6.

Benzinga · Jun 14, 2022

Rosenblatt Slashes Price Targets On Charter Communication, Comcast - Read Why

Rosenblatt analyst Barton Crockett reiterated Charter Communications, Inc (NASDAQ: CHTR) with a Buy but reduced the price target by 17% to $607. 

Benzinga · Jun 6, 2022

Here's How Analysts Reacted To Microsoft's Outlook Revision

Microsoft Corp (NASDAQ:MSFT) updated its Q4 and FY23 guidance due to recent unfavorable currency headwinds.  Microsoft cited an incremental $460 million headwind from FX to its total revenue guidance issued in late April, representing slightly less than a 100bps delta on total revenue.  Microsoft now expects revenue of $51.94 billion - $52.74 billion…

Benzinga · Jun 3, 2022