Notable Analyst Actions: QUALCOMM (NASDAQ:QCOM), Jabil Circuit, Inc.(NYSE:JBL), Micron Technology, Inc.(NASDAQ:MU)

CLSA expects QUALCOMM (NASDAQ:QCOM)’s Q1 and Q2 to be inline but longer-term, sees meaningful margin upside in QCT from likely consolidation in the baseband industry. The firm views valuation as attractive and reiterates its Outperform rating and raises its price target to $90 from $82. Analysts have a consensus price target of $78.92 on QUALCOMM…

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Gilead Sciences GILD NASDAQ:GILD

Avnet Reports Soft Sales to Western Markets, Growth in Asia

We’re maintaining our fair value estimate and moat rating for Avnet AVT after it reported third-quarter results that indicate trepidation from enterprise businesses in Western markets, but continued growth in emerging markets. Avnet generated $6.3 billion of total sales, in line with seasonality and our own expectations. Pro-forma sales to higher-margin Western markets (EMEA and…

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Trending Stocks : Alcatel-Lucent (NYSE:ALU), SolarCity (NASDAQ:SCTY), EastGroup Properties (NYSE:EGP), Auburn National Bancorporation, Inc. (NASDAQ:AUBN), VirtualScopics (NASDAQ:VSCP)

Alcatel-Lucent (NYSE:ALU) has developed a new technology architecture that will enable pay-TV providers to offer the ability to store favourite TV programs in the cloud cost effectively while maintaining compliance with content rights legislation. Alcatel-Lucent (NYSE:ALU) belongs to Technology sector. Its net profit margin is -3.20% and weekly performance is -1.77%. On last trading day…

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