Canaccord Genuity

Ericsson (NASDAQ:ERIC) Earnings Limited Even with Sales Growth

While Ericsson (NASDAQ:ERIC) sales are expected to surge in 2011, the emerging markets that growth will occur in will have limited earnings potential because of lower margins. Canaccord says, “We believe Ericsson is well positioned for solid 2011 sales, as our carrier capex survey indicated solid wireless trends in 2011 driven by new 4G network builds in North America and 3G builds in developing

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Ceragon (Nasdaq:CRNT), DragonWave (Nasdaq:DRWI), Anaren (Nasdaq:ANEN) to Benefit from Wireless Infrastructure Spending

Saying they believe the spend for wireless infrastructure should continue to grow in 2011, Canaccord sees Ceragon (Nasdaq:CRNT), DragonWave (Nasdaq:DRWI) and Anaren (Nasdaq:ANEN) continuing to benefit from it.Canaccord says, “Based on our proprietary telecom survey, we believe vendors exposed to wireless infrastructure spending and mobile backhaul spending should benefit as carriers increase

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DragonWave (NASDAQ:DRWI) Gets Crushed on Weak Guidance

With DragonWave (NASDAQ:DRWI) giving weak guidance with little explanation as to the why of it, the share price got hammered Thursday, although the assumption is the plunge in revenue from Clearwire (Nasdaq:CLWR).Canaccord says, “We maintain our BUY recommendation following DragonWave’s disappointing FQ4 guidance that was provided along with its FQ3 results. As the company did not provide much

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EXFO (NASDAQ:EXFO) Aligned with Next-Generation Network Deployment Trends, Says Canaccord

Filed in Canaccord Genuity, EXFO, o, revenue, silver by on January 14, 2011 0 Comments

Record revenue and bookings for the first quarter of 2011 reinforced the view of Canaccord that EXFO (NASDAQ:EXFO) is aligned with next-generation network deployment trends. Canaccord says, “EXFO reported a strong Q1/F11 with record revenue and bookings and provided a higher-than-expected outlook. EXFO’s results reinforced our view that the company is aligned with next-generation network

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Gentex (Nasdaq:GNTX) Shares Move Up on Rear-Mounted Camera Mandate

Filed in Canaccord Genuity, Gentex, Gold Bullion prices, o by on December 7, 2010 0 Comments

Gentex (Nasdaq:GNTX) has found support from the possibility rear-mounted camera systems may be required to be mounted on cars built in the U.S. Canaccord said, “Auto-parts maker Gentex revved on news the U.S. may mandate rear-mounted camera systems in all new vehicles by 2014. In safety regulations proposed Friday, the U.S. Department of Transportation said that rear-mounted cameras, with a video

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Northern Oil and Gas (NYSE:NOG) Accelerating Drilling Schedule

Northern Oil and Gas (NYSE:NOG) continues to find favor with Canaccord Genuity, who says they liek their ability to choose quality acreage and aquire it at good prices. They maintain their “Buy” rating on Northern at this time.Canaccord said, “We are reiterating our rating and maintaining our target price based on Northern Oil’s accelerated drilling schedule and proven ability to organically

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Quidel’s (NASDAQ:QDEL) Rapid Flu Test Should Drive them Soon

Filed in Canaccord Genuity, Gold Prices, o, price-target, Quidel Corp by on November 22, 2010 0 Comments

With flu season not too far away, Quidel Corp. (NASDAQ:QDEL) should soon be the beneficiary, along with their shareholders, of their trusted rapid flu test.”We reiterate our rating on QDEL as we believe Quidel’s strong brand reputation and loyalty for its rapid flu test will serve it well when the 2010/2011 flu season finally emerges (we estimate late Q1/11)…We believe QDEL deserves to trade

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Northgate Minerals (NYSE:NXG) Retains "Buy" Rating from Canaccord

Northgate Minerals (NYSE:NXG) had its “Buy” rating maintained on them by Canaccord Genuity, even though weaker ore grades had caused third-quarter results to be disappointing. “We reiterate our recommendation on Northgate based on relative valuation, superior leverage to higher gold prices, potential reserve/resource upside particularly at Young Davidson, Fosterville and Stawell and the

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Gammon Gold (NYSE:GRS) Price Target Raised by Canaccord Genuity

Canaccord Genuity announced it is raising its price target on Gammon Gold Inc. (NYSE:GRS), citing Ocampo production and valuation. Canaccord maintains a “Hold” on Gammon.”Gammon recently released Q3/10 operating results from its 100%-owned Ocampo Au/Ag operation in Mexico. We have also increased our peak Au and Ag assumption, which we apply to Ocampo in our valuation, to US$1,500/oz Au from US

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