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ArchiveAnalysts Show Data Storage Stocks Some Love (STX, EMC, WDC, NTAP, STEC, TDC, SNDK)Posted by Jason Smith at 12:05PM on June 28th
Shares of Seagate Technology (STX), the maker of hard disk drives, are higher by 1% after FBN Securities upgraded the stock to “outperform” from “sector perform” while raising its price target on the stock to $21 from $20, which is well…  STEC Stomped By Weak Second-Quarter Guidance (STEC, EMC, NTAP, TDC, XRTX, STX, WDC)Posted by Todd Shriber at 11:36AM on May 11th
Shares of STEC Inc. (STEC), the maker of flash memory storage products, are plunging 17% after the company issued second-quarter guidance that is well below Wall Street estimates, citing the recent natural disasters in Japan as reasons why customer orders are… Data Storage Stocks Falter As OCZ Technology Fails To Impress (OCZ, DRAM, STEC, EMC, TDC, WDC, STX)Posted by Todd Shriber at 12:38PM on May 4th
Shares of OCZ Technology Group Inc. (OCZ), the maker of high-speed memory products that compete with traditional hard disk drives, are plunging 8% after the California-based company delivered fiscal fourth-quarter results that failed to wow investors. On a GAAP basis, OCZ… Bullish Chatter On EMC, Seagate Lifts Data Storage Stocks (EMC, STX, QTM, NTAP, STEC, SNDK, TDC)Posted by Jason Smith at 12:36PM on April 13th
Shares of data storage giant EMC (EMC) are surging 3% after Goldman Sachs anointed the stock as its top pick in the group heading into earnings, recommending buying EMC ahead of its first-quarter earnings report on April 20. Goldman says it… Data Storage Stocks Ignore iPad News, Rally Higher (AAPL, STX, WDC, SNDK, TDC, NLST)Posted by Todd Shriber at 1:54PM on March 3rd
A day after Apple (AAPL) introduced the iPad 2, data storage stocks are fighting off news that could eventually prove to be a concern for select members of the sector. The Data Storage Stocks Index is up 3.2%. Hard-disk-drive makers are seen… Investors Content to Ride Out 2010 With Solid Gains (NKE, WAG, NAV, TDC, NOA)Posted by Geoff Seiler at 5:01PM on December 22nd
Stocks continued to scrape out gains, moving higher in the face of mixed earnings and relatively neutral economic data. At this point, it looks like investors are pretty happy to end the year with some solid gains in the major… Isilon Spikes On Q3 Beat (ISLN, TDC, EMC, HTCH)Posted by Jason Smith at 3:24PM on October 21st
Data storage firm Isilon Systems (ISLN) topped analyst expectations in the third quarter, sending the stock soaring by 7% on Thursday. The company recorded a profit of $4 million, or 5 cents per share, compared to a net loss of -$4.9… Traders Cheer Netlist Announcement As Oppenheimer Lifts Peers (NLST, DELL, EMC, STX, NTAP, NZ, TDC, STEC, SNDK, AAPL)Posted by Jason Smith at 10:35AM on July 7th
Flash memory small-cap Netlist (NLST) spiked by 20% on Wednesday after the company announced that Dell (DELL) qualified a pair of its non-volatile cache subsystems to support RAID storage applications on PowerEdge servers and PowerVault Direct Attached Storage solutions. The firm’s 512… NetApp Grabs Share; Wins Analyst Praise (NTAP, EMC, TDC, PAR, STEC, NLST, DRAM, IBM)Posted by Sue Miller at 7:23AM on June 4th
On Thursday, Barrons published a note from analyst Collins Stewart, rating storage player NetApp (NTAP) a buy with a $50 price target and EMC (EMC) a hold with a $21 price target. The report also suggested that the storage space is one of… NetApp Doubles Profit, Benefiting from Virtualization (NTAP, TDC, EMC, NLST, QTM)Posted by Sue Miller at 8:50AM on May 27th
NetApp (NTAP) more than doubled its quarterly profit to $145.1 million or 50 cents a share from $68.4 million or 21 cents a share in 2009. Revenue jumped to $1.17 billion from just $880 million last year. Wall Street was expecting…  |
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