Alex Kurtz

Zoom Video Communications Inc. (NASDAQ: ZM) lost a bit of the zoom in its growth trajectory in the third quarter, spooking investors. Sell-side analysts said the company's communications story remains strong, though the stock price may already reflect it. The Analysts Morgan Stanley's Meta...

Arista Networks Inc (NYSE: ANET) shares were plunging to a two-year low after the maker of data center switches issued a downbeat fourth-quarter outlook Thursday.  The Analysts MKM Partners analyst Michael Genovese maintained a Neutral rating on Arista and lowered the fair value estimate...

Project management and collaboration software provider Atlassian Corporation PLC (NASDAQ: TEAM) reported forecast-beating first-quarter results Thursday and issued above-consensus second-quarter guidance.  The company also announced the acquisition of Code Barrel, an automation tool maker...

Nutanix, Inc. (NASDAQ: NTNX) shares continued to soar Thursday after a stronger-than-expected quarter and more confident guidance, but much of the sell-side remained cautious as it transitions from a hardware business to one selling software subscriptions. The company reported continued losses and...

Virtualization technology pioneer VMware, Inc. (NYSE: VMW) said last week it had inked a definitive deal to acquire Pivotal Software Inc (NYSE: PVTL) for $15 per share. VMware’s offer seems to be the best price that Pivotal Software will receive, and a competitive bid is unlikely at this time...

VMware, Inc. (NYSE: VMW) shares tumbled on Friday after the company reported a mostly in-line second quarter and announced two big acquisitions. In addition to the highly-anticipated $2.7 billion deal for Pivotal Software Inc (NYSE: PVTL), VMware also took the market by surprise by announcing a $2....

All-flash data storage hardware and software company Pure Storage Inc (NYSE: PSTG) reported second-quarter results Wednesday that were highlighted by a top-and-bottom line beat and upside to product revenue, billing, and gross margins. While management revised its full-year revenue...

The U.S.-China trade war complicated analysts’ assessments of Cisco Systems, Inc. (NASDAQ: CSCO)’s fourth quarter and outlook, with little consensus emerging on the stock’s near-term future. Cisco reported a slight earnings beat but it came with weaker-than-expected guidance that...

Atlassian Corporation PLC (NASDAQ: TEAM) has several ways to sustain a subscription revenue growth rate north of 30% in the years ahead, according to KeyBanc Capital Markets. The Analyst Alex Kurtz maintained an Overweight rating on Atlassian and raised the price target from $121 to $142...

Pivotal Software Inc (NYSE: PVTL) reported a first-quarter loss Tuesday and issued below-consensus guidance for fiscal 2020. The Analysts Morgan Stanley analyst Sanjit Singh maintained an Overweight rating on Pivotal and lowered the price target from $26 to $18. Credit Suisse analyst Brad...

Virtualization software provider VMware, Inc. (NYSE: VMW) reported strong fiscal first-quarter results, yet its shares came under pressure Friday. The Analysts Bank of America Merrill Lynch analyst Kash Rangan reiterated a Buy rating on VMware with a $225 price target on the shares of...

Hyperconverged infrastructure software vendor Nutanix Inc (NASDAQ: NTNX) reported a third-quarter revenue miss and issued below-consensus fourth-quarter guidance Thursday, sending shares to their lowest level in more than one-and-a-half years.  The Analysts Bank of America Merrill Lynch...

Tech giant Cisco Systems, Inc. (NASDAQ: CSCO) reported third-quarter results Wednesday that came in better than expected and prompted at least three Street analysts to reaffirm their bullish stances.  The Analysts Bank of America Merrill Lynch's Tal Liani maintained a Buy rating...

The three main takeaways from a meeting with Pure Storage Inc (NYSE: PSTG) management are that the company’s competitive positioning remains strong in international regions; the Brexit extension offers the opportunity for deferred IT projects; and Cloud Data Services is becoming key to...

Pivotal Software Inc (NYSE: PVTL) reported Thursday after the market close with a narrower-than-expected loss for its fourth quarter, while revenue trailed expectations. The company issued downbeat guidance for the first quarter and fiscal 2020. The Analysts Wedbush analyst Daniel Ives...