Cross Research

Cross Research LLC

Cross Research was an independent equity research firm based in Short Hills, New Jersey, best known for co-founder Shannon Cross's coverage of Apple and the IT hardware, imaging and technology supply-chain sectors.

Company history

Shannon Cross, previously an imaging technology analyst at Merrill Lynch, co-founded Cross Research in 2003 in Short Hills, New Jersey. The firm registered as an investment adviser in 2007. In April 2022 Cross and her team joined Credit Suisse to cover IT hardware, ending her 19 years at the firm.

  1. 2003Founded by Shannon Cross in Short Hills, New Jersey
  2. 2007Registered as an investment adviser
  3. 2022Shannon Cross and team moved to Credit Suisse

Research

Cross Research provided fundamental research to institutional clients on IT hardware, imaging technology, enterprise software and the electronics supply chain, with coverage including Apple, HP and Xerox. Its analysts also covered IT distribution and 3D printing companies.

Coverage12M

Stocks
2
Ratings
0
Price targets
2
Median upside
+70.7%
Upgrades
0
Downgrades
0
Initiations
0
Reiterations
0

Sectors

  • Information Technology50%
  • Industrials50%

Listing

  • United States100%

Activity24M

RatingsPrice targets1
Oct 2024 · Ratings 0 · Price targets 0Nov 2024 · Ratings 0 · Price targets 0Dec 2024 · Ratings 0 · Price targets 0Jan 2025 · Ratings 0 · Price targets 0Feb 2025 · Ratings 0 · Price targets 0Mar 2025 · Ratings 0 · Price targets 0Apr 2025 · Ratings 0 · Price targets 0May 2025 · Ratings 0 · Price targets 0Jun 2025 · Ratings 0 · Price targets 0Jul 2025 · Ratings 0 · Price targets 0Aug 2025 · Ratings 0 · Price targets 0Sep 2025 · Ratings 0 · Price targets 0Oct 2025 · Ratings 0 · Price targets 0Nov 2025 · Ratings 0 · Price targets 1Dec 2025 · Ratings 0 · Price targets 0Jan 2026 · Ratings 0 · Price targets 0Feb 2026 · Ratings 0 · Price targets 0Mar 2026 · Ratings 0 · Price targets 1Apr 2026 · Ratings 0 · Price targets 0May 2026 · Ratings 0 · Price targets 0Jun 2026 · Ratings 0 · Price targets 0Jul 2026 · Ratings 0 · Price targets 0Aug 2026 · Ratings 0 · Price targets 0Sep 2026 · Ratings 0 · Price targets 0
Oct '24Oct '25Sep '26

Most covered24M

StockRatingTargetActionsLast action
CCRNCross Country Healthcare, Inc.$141Mar 5
RAMPLiveRamp Holdings, Inc.$531Nov 4

Analysts24M

  • Bill SutherlandCCRN1

Recent actions

StockRating actionRatingTargetDate
Cross Country Healthcare, Inc.CCRNTarget$14Mar 5
LiveRamp Holdings, Inc.RAMPTarget$53Nov 4, 2025
Riot Platforms, Inc.RIOTTarget$15Mar 21, 2024
Stratasys Ltd.SSYSUpgradeHoldBuyFeb 24, 2022
TD SYNNEX CorporationSNXUpgradeHoldBuyJan 12, 2022
Microsoft CorporationMSFTTarget$300Jun 25, 2021
Flex Ltd.FLEXUpgradeHoldBuyMay 6, 2021
Concentrix CorporationCNXCReiterateBuyJan 8, 2021
NetApp, Inc.NTAPUpgradeHoldBuyDec 2, 2020
Belden Inc.BDCDowngradeHoldSellJan 23, 2020
Amphenol CorporationAPHDowngradeHoldSellJan 21, 2020
Littelfuse, Inc.LFUSDowngradeHoldSellJan 21, 2020

References

  1. Shannon Cross – IAPD Report (SEC)reports.adviserinfo.sec.gov
  2. Shannon Cross – FINRA BrokerCheck Reportfiles.brokercheck.finra.org
  3. Shannon Cross – The Wall Street Transcript biographytwst.com
  4. Shannon Cross – joining Credit Suisse after 19 years at Cross Research (LinkedIn, 2022)linkedin.com
  5. IPod 'Halo Effect' Lifts Apple Profit – Los Angeles Times (2004)latimes.com
  6. Cross Research analyst ratings history – MarketBeatmarketbeat.com