Tag Archives: bad-request

Can New Google CFO Boost The Company’s Street Cred?

An analyst says incoming Google (GOOGL) CFO Ruth Porat “will put her mark on Google quickly” and likely debut in her new role during the company’s Q2 earnings conference call in mid-July. Rosenblatt Securities analyst Martin Pyykkonen, in a research note Friday, wrote that his “specific focus interest being on still investing for growth vs. nearer-term shareholder capital returns.” He said “a blend of the two camps seems to us what would be best

Netflix stock gets big price target hike from Oppenheimer

The sky’s the limit for Netflix (NFLX) stock, based on a report Friday from investment bank Oppenheimer & Co. Oppenheimer analyst Jason Helfstein on Thursday raised his 12-18 month price target on Netflix stock to 775 from 610 and maintained an outperform rating. Netflix stock is up 94% this year through Thursday’s close. It started the year at 341.61. It blew past 500 on April 16 and then smashed through 600 on May 15. In afternoon trading Friday, Netflix was down a fraction, near 661. In a research report, Helfstein said he increased his price target on the subscription Internet television service based on its aggressive international expansion plans. “We estimate Netflix’s five oldest markets — U.S., Canada, Brazil, U.K. and Ireland — will end 2015 at an average broadband penetration rate of 30%,” Helfstein said. “Our revised model now assumes 2020 global subscribers at 239 million, or 32% penetration of broadband homes.”…

3 Top-Rated Chip Stocks Make Notable Moves

The market is taking a breather right now, but here’s a look at three highly rated chip stocks making notable moves in the stock market today: Macom Technology (MTSI) and Apple (AAPL) suppliers Arm Holdings (ARMH) and Skyworks Solutions (SWKS). Arm Holdings gapped up in big volume, retaking its 50-day line. Shares are currently trading about 2% below a 54.92 buy point from a flat base. Fellow Apple supplier Skyworks Solutions hit a new all-time