Apple Inc. (NASDAQ:AAPL): According to Morgan Stanley, Apple’s court win will probably add to iPhone market share gains as smartphone makers will find it necessary to re-evaluate design and software features, lengthening product cycles.
Don’t Miss: Apple Sheds Light on Facebook Alliance.
Apple Inc. (NASDAQ:AAPL): Following a jury’s decision in Apple’s favor in its court case with Samsung (SSNLF.PK), Stifel Nicolaus thinks that Samsung could have difficulty making its way around some of Apple’s complex utility patents in the future. Because of the large amount of damages that Apple is now able to demand from Samsung, Stifel Nicolaus thinks that Samsung is now more likely to start constructive patent licensing negotiations with Apple. The firm indicates that a deal such as this may raise Apple’s EPS by $7-$8 during FY13, and it keeps a Buy rating and an $825 target on the stock.
IAC/InterActiveCorp. (NASDAQ:IACI) agreed to purchase About.com from The New York Times (NYSE:NYT), causing Stifel Nicolaus to believe that About.com’s content will improve InterActiveCorp’s search engine. The firm predicts that synergies between About.com and the search engine will drive raised monetization, and it keeps a Buy rating and a $58 target on the stock.
Phillips-Van Heusen Corp. (NYSE:PVH): According to Brean Murray, PVH Corp is a premier name in the apparel space and deserves a premium multiple. The company should report Q2 results tonight which the company already preannounced that guidacne would be beaten. Brean Murray credited strong international results from competitors, expectations of healthy Tommy Hilfiger business, and debt pay downs. Shares have a Buy rating and a $107 price target.
CIENA Corp. (NASDAQ:CIEN) is expected by Needham to report both solid results and guidance on Thursday morning. The firm reiterates its Buy rating but increased its price target for shares ahead of the earnings report.
Investing Insights: Wall St. Brief: Samsung Hurting After HUGE Loss to Apple, GM DENIES Job Cuts.
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