All Reports

We expect upcoming FQ3 (May) results from Jabil (JBL; $352.26; O/P), scheduled for next Wednesday (6/17 before market), to support the idea that the company is a good place for tech investors to ride through…

We are raising our target from $70 to $85 on the shares of Aptiv (APTV; $72.92 O/P) given we continue to see its multiple as attractive, especially after value creating spin of Versigent (VGNT; $50.24;…

We are raising our target on the shares of Flex (FLEX; $159.43; O/P) from $160 to $200 to reflect how investors likely consider valuation in coming quarters on a sum-of-the-parts (SOTP) due to recently announced…

We think recent news from Uber Technologies (UBER; $72.23; O/P) provides further support for our recent upgrade of the stock, which envisions the shares breaking out from its current 14-month trading range of relative underperformance…

We raise our F2027/2028E EPS from $13.00/$14.30 to $18.00/$19.80 on Dell Technologies (DELL; $420.91; E/W) after the company produced a remarkable set of FQ1 (Apr) results and guidance on Thursday night (5/28). We see this…

We are bumping up our F2027E (Apr) EPS for NetApp (NTAP; $187.75; E/W) from $8.80 to $9.10 (+10% YoY vs. +13% in F2026) and initiating an F2028E EPS of $9.90 (+10% YoY) after the company…

The European Automotive Manufacturers Association recently released car registration data from the region for the month of April, which provided further support for the idea that global vehicle production can remain relatively stable with a…

We reiterate our Outperform and raise our target from $190 to $225 on the shares of TTM Technologies (TTMI; $190.67) after attending its Investor Day in New York where we heard presentations from and had…

We think the thorough technology presentation last week from Vertiv’s (VRT; $327.46; O/P) Chief Product & Technology Officer, Scott Armul, during its Investor Conference, best highlights the a differentiated solution set we see resonating with…

Our latest look at aggregate inventories up and down the supply chain on the heels of CQ1 EPS season suggested some typical post-holiday season inventory builds were the case during the quarter. This particularly makes…

We believe Amkor (AMKR; $65.75; E/W) made a good case for the stock’s recent re-rating during its Investor Day last Thursday (5/21) with thorough support for the idea that advanced outsourced semiconductor packaging and test…

We are raising our rating from Equal-Weight to Outperform on the shares of Vertiv (VRT; $323.52) after attending its Investor Conference in Greenville, South Carolina earlier this week, where we had the opportunity to chat…

We stick with our F2026/F2027E (Apr) EPS of $8.00/$8.80 on NetApp (NTAP; $118.97; E/W) ahead of its FQ4 (Apr) results, scheduled for next Thursday (5/28 after market). We currently model NTAP to be back on…

We think the recent 90%+ rally since late-February in the shares of Dell Technologies (DELL; $235.79; E/W), which we admittedly have missed with our Equal-Weight rating since that time, has put “a lot into the…

Last night after the market closed, TTM Technologies (TTMI; $158.86; O/P) filed an 8-K in which management disclosed that it expects full year 2026 revenues to be approximately $4B or above our $3.8B, which is…