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Short Interest On The Rise In Akamai Technologies And Juniper Networks
Thursday, April 28, 2016 - 8:08am | 528Read More...Short interest moves in many of the leading cybersecurity stocks were mixed in the most recent period. Short sellers were particularly keen on two of them in those two weeks. Shares of both stocks slumped more than 7 percent during the period. While short interest moves in the leading...
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Fortinet Spikes Higher On Q1 Top- And Bottom-Line Beat
Wednesday, April 27, 2016 - 8:56am | 287Read More...Shares of Fortinet Inc (NASDAQ: FTNT) spiked higher by more than 7 percent Wednesday morning after the company reported its first-quarter results. Fortinet said it earned $0.12 per share in the first quarter on revenue of $284.6 million. Wall Street analysts were expecting the company to earn $0.09...
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Short Interest In Express Scripts And Lowe's Doubles
Friday, March 11, 2016 - 8:27am | 639Read More...Short interest in a number of stocks surged in the most recent settlement period. A pharmacy benefit management company and a big-box retailer led that trend in late February. Shares of both of them rose in the period as the markets found their footing. As the markets seem to find their footing...
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Barron's Picks And Pans: Wal-Mart, Medtronic, Palo Alto Networks And More
Saturday, February 27, 2016 - 4:24pm | 684Read More...Featured stories in this weekend's Barron's offer a look at the prospects for a retail giant, a medical device maker and three cybersecurity stocks. A small cap aerospace parts maker could rise 30 percent over the next year. One portfolio manager prepares to buy into the bear market, with a dozen...
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Fortinet Surges Following Q4 Report, New Buyback Announcement
Friday, January 29, 2016 - 10:51am | 314Read More...Shares of Fortinet Inc (NASDAQ: FTNT) were trading higher by 7 percent an hour after Friday's opening bell. Fortinet reported its fourth quarter results after Thursday's market close. The company earned $0.18 per share in the quarter on revenue of $296.5 million. Wall Street analysts...
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Why UBS Downgraded FireEye And Symantec, Yet Still Positive On Cybersecurity Space
Tuesday, June 23, 2015 - 12:06pm | 427Read More...UBS analyst Brent Thill published a report earlier on Monday in which he downgraded FireEye Inc (NASDAQ: FEYE) to Neutral from Buy and Symantec Corporation (NASDAQ: SYMC) to Sell from Neutral. However, the firm still has a positive outlook on cybersecurity space overall and recommend Palo Alto...
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FBR: Cybersecurity Momentum 'Solid' And In 'Early Innings'
Tuesday, May 26, 2015 - 11:04am | 295Read More...Analysts at FBR & Co. said in a new research note that there is "strong momentum" in cybersecurity following a "white hot" March quarter. This bodes well for continued gains in FireEye Inc (NASDAQ: FEYE), Palo Alto Networks Inc (NYSE: PANW), Check Point Software Technologies Ltd. (NASDAQ: CHKP...
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Fortinet Is Blowing Up, But What Does The Street Think?
Tuesday, April 21, 2015 - 8:18am | 276Read More...Fortinet Inc (NASDAQ: FTNT) gained almost 11 percent in the premarket following a blockbuster earnings report Monday afternoon. The "magnitude" of the company's billings "was greater than anticipated," according to analysts at Cowen and Company. However, with...
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Raymond James: Hewlett Packard Likely On The Hunt For Acquisitions
Monday, August 25, 2014 - 1:50pm | 594Read More...For the first time in 11 quarters, Hewlett Packard (NYSE: HPQ) reported positive revenue growth when the company reported its third quarter results and a strong free cash flow with a $5 billion net cash position. The question investors are now asking is: Who might Hewlett Packard buy, and why...
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3 Security Software Picks With Room To Run?
Thursday, May 15, 2014 - 9:21am | 945Read More...In a research report released this week, the analysts at Oppenheimer pointed out that cybersecurity remains a top priority for both corporations and government entities. Among the companies they have an eye on are FireEye (NASDAQ: FEYE), Imperva (NYSE: IMPV) and Palo Alto Networks (NYSE: PANW...
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Earnings Expectations For The Week Of January 27: Facebook, Google, Apple And More
Monday, January 27, 2014 - 6:56am | 982Read More...The earnings crunch is on this week. Highlights will include reports from Amazon.com, Apple, Boeing, Comcast, Facebook, Google and Yahoo! All of them are expected to report year-over-year growth in per-share earnings. But analysts are looking for declining profits from the likes of Caterpillar,...
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Network Security Stocks May Exceed Expectations (CHKP, FTNT, PANW)
Tuesday, October 15, 2013 - 2:50pm | 838Read More...In a new research report, Jefferies has singled out Check Point Software Technologies (NASDAQ: CHKP), Fortinet (NASDAQ: FTNT) and Palo Alto Networks (NYSE: PANW) as top network security software companies that are doing just fine, even as some other technology companies have struggled of late. In...
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UPDATE: Morgan Keegan Raises PT on Fortinet to $30
Tuesday, July 12, 2011 - 8:29am | 88Read More...Morgan Keegan is out with its report today on Fortinet (NASDAQ: FTNT), raising its PT from $25 to $30. In a note to clients, Morgan Keegan writes, "Given our positive checks as well as continued belief that Fortinet is the technology and share leader in the nascent and fast growing UTM market, we...
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Fortinet and NetSuite to Open Near 52-Week Highs
Monday, June 27, 2011 - 7:42am | 293Read More...Fortinet (NASDAQ: FTNT) and NetSuite (NYSE: N) reached new 52-week highs of $26.26 and $38.13 per share, respectively, in Friday's trading session. Fortinet, which recently partnered with Indian tech firm Sify (NASDAQ: SIFY), has been speculated about as a takeover target for a company such as...
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Wedbush Maintains Outperform Rating On Fortinet
Tuesday, June 7, 2011 - 7:31am | 86Read More...According to Wedbush, Fortinet (NASDAQ: FTNT) Outperform rating is maintained. Wedbush said that it is maintaining its OUTPERFORM rating and raising the price target to $27 from $25 (split-adjusted) to reflect our expectation of continued share gains in the network security market. “We think the...
