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The Latest Breaking News from Simon Leopold

Super Micro Just Nabbed a $20 Billion Partnership. Should You Buy SMCI Stock Now?

Supermicro stock soared on a $20 billion AI infrastructure deal with DataVolt. Is it too late to invest in SMCI shares?

CommScope's $2.1 Billion Sale of Outdoor Wireless Networks Unit Buys Time, Hurts Profitability

CommScope's $2.1 Billion Sale of Outdoor Wireless Networks Unit Buys Time, Hurts Profitability

The deal with Amphenol Corp. will enable the indebted tech vendor to pay its bills through next year, but it comes at the cost of one of its most profitable businesses

Broadcasting & Cable

CommScope Tries To Race Past Bankruptcy Court

CommScope Tries To Race Past Bankruptcy Court

But the leading telecom tech vendor saw shares fall again Tuesday as it juggles more than $9 billion of debt

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6 Analysts Offer Takes on Snowflake's 'Truly Impressive' Q2 Earnings, Revenue Beat

Shares of Snowflake Inc. (NYSE: SNOW) soared in after-hours trading on Wednesday, after the Bozeman, Montana-based company reported its quarterly revenues ahead of expectations.

Raymond James Downgrades Rating On VMware - Read Why

Raymond James analyst Simon Leopold downgraded VMware, Inc (NYSE:VMW) from Outperform to Market Perform. The re-rating reflects the expiry of the "Go Shop" period with no other bidders. He expects Broadcom Inc (NASDAQ:AVGO) deal to win approval but will take about a year to close. Leopold views Broadcom's bid of $61 billion, or $142.50 per share…

Why Pure Storage Shares Are Soaring Today

Analysts raised their price targets on Pure Storage Inc (NYSE: PSTG) post a solid Q4 beat. Barclays analyst Tim Long raised the firm's price target on Pure Storage to $39 from $35 (47.3% upside) and kept an Overweight rating on the shares. The company beat Q4 estimates and released better than expected guidance for fiscal 2023, Long…

Cambium Networks Shares Pop On Double Upgrade By Raymond James

Raymond James analyst Simon Leopold double upgraded Cambium Networks Corp (NASDAQ:CMBM) to Strong Buy from Market Perform with a $35 price target, implying an upside of 57.6%. Leopold believes fundamental demand remains solid, with temporary supply chain constraints depressing near-term results. He tells investors in a research note that checks indicate that elements of the…

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