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'Wait For A Better Entry Point': Datadog Analysts Initiate Coverage Following IPO
Monday, October 14, 2019 - 12:30pm | 535Read More...Datadog Inc (NASDAQ: DDOG) shares got off to a hot start on the public market following the company’s IPO in September. After pricing its IPO at $27 per share, Datadog jumped nearly 50% on its first day of trading and has held onto most of those gains in the stock’s first month of...
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Sell-Side Sees Major Upside For RingCentral In Avaya Deal
Monday, October 7, 2019 - 12:56pm | 514Read More...Sell-side analysts were bullish Monday on RingCentral Inc. (NYSE: RNG) following the announcement last week of a “game-changing partnership” with Avaya Holdings Corp. (NYSE: AVYA) that could dramatically boost RingCentral’s market share and stock price. Ring Central investors...
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JPMorgan Cites Billings Growth, Attractive Valuation In FireEye Upgrade
Monday, March 11, 2019 - 9:11am | 360Read More...FireEye Inc (NASDAQ: FEYE) shares are little changed in the year-to-date period, rendering the stock attractive when weighed against the fundamental backdrop, according to JPMorgan. The Analyst Analyst Sterling Auty upgraded FireEye from Neutral to Overweight with a $20 price target. The...
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This Week In Cryptocurrency: Bitcoin Cash Soars, Square's Bitcoin Trading Revenue
Friday, November 9, 2018 - 4:00pm | 548Read More...The cryptocurrency market finished a string week on a low note on Friday, with most major currencies trading down on the day. Here’s a look at some of the headlines that were moving the cryptocurrency market this week and which currencies were on the move. Headlines Bitcoin Cash gained 23...
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Cyberark Among The Few 'Reasonably Priced' Software Stocks, JPMorgan Says In Upgrade
Wednesday, August 8, 2018 - 10:25am | 358Read More...Cyberark Software Ltd (NASDAQ: CYBR) infrastructure and assets, reported second-quarter results Tuesday that compelled JPMorgan to upgrade the stock. The Analyst JPMorgan's Sterling Auty upgraded Cyberark from Neutral to Overweight with a price target lifted from $60 to $85. The...
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Piper Jaffray, JPMorgan Are 'Logging Out' Of LogMeIn
Friday, July 27, 2018 - 1:37pm | 603Read More...LogMeIn Inc (NASDAQ: LOGM), a provider of cloud-based connectivity, reported second-quarter results Thursday that prompted a sell-off in the stock and lower ratings from multiple Street analysts. The Analysts Piper Jaffray's Alex Zukin downgraded LogMeIn from Overweight to Neutral...
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Ellie Mae Hit With Downgrade On Valuation, Mortgage End Market Challenges
Thursday, June 21, 2018 - 10:52am | 362Read More...Ellie Mae Inc (NYSE: ELLI) is lingering near all-time highs that were struck and subsequently surrendered throughout the last year. The Analyst JPMorgan analyst Sterling Auty downgraded Ellie Mae from Overweight to Neutral and raised the price target from $112 to $125. The...
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Wall Street Reacts After Adobe Posts Q2 Earnings Beat
Friday, June 15, 2018 - 9:34am | 912Read More...Adobe Systems Incorporated (NASDAQ: ADBE)'s fiscal second-quarter print came in better than expected Thursday afternoon. Here's how the sell side reacted. The Analysts Pivotal Research Group's Brian Wieser maintained Adobe at Hold with a price target lifted from $...
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Analysts Initiate Coverage Of DocuSign Following IPO Quiet Period
Tuesday, May 22, 2018 - 1:53pm | 456Read More...The quiet period following the IPO Docusign Inc (NASDAQ: DOCU) has ended, and several Wall Street analysts have weighed in on the stock. Here’s a rundown of what they’ve had to say. Voices From The Street Citi analyst Walter Prichard said DocuSign is a potential SaaS market leader....
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Akamai Follows Activist Shareholder's Advice, Triggering JPMorgan Upgrade
Friday, March 9, 2018 - 12:22pm | 336Read More...A JPMorgan analyst is upbeat on Akamai Technologies, Inc. (NASDAQ: AKAM) after the company acted upon a recommendation from activist investor Elliott Management. The Analyst Analyst Sterling Auty upgraded shares of Akamai from Neutral to Overweight and increased the price target from $75 to $...
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2017 May Finally Be The Year The Market Takes A Liking To Check Point Software
Friday, January 20, 2017 - 8:48am | 419Read More...Check Point Software Technologies Ltd. (NASDAQ: CHKP) reported its Q4 2016 results ahead of expectations. While 2016 had been a “tough year for security stocks as a whole,” discounting issues seemed to be fading, software blade revenue was accelerating and the company’s tone has...
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Adobe's Consistency Should Be Rewarded, Says JPMorgan
Friday, December 16, 2016 - 9:20am | 332Read More...JPMorgan’s Sterling Auty believes the strong Q4 results reported by Adobe Systems Incorporated (NASDAQ: ADBE) were a “very good finish to the fiscal year with all segments and geographies of the business performing very well.” Auty maintains an Overweight rating on the company,...
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TiVo's Netflix Contract Demonstrates The Strength Of Company's Patent Portfolio
Tuesday, November 29, 2016 - 10:56am | 345Read More...TiVo Corp (NASDAQ: TIVO) announced after the close Monday that it had entered into a licensing agreement with Netflix, Inc. (NASDAQ: NFLX). The agreement covers product and IP licensing solutions. JPMorgan’s Sterling Auty maintains an Overweight rating on TiVo, with a price target of $34. The...
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Imperva Shares Plunge Below $40 Amid Sale Concerns
Wednesday, October 19, 2016 - 8:20am | 355Read More...Shares of Imperva Inc (NYSE: IMPV) tanked more than 15 percent in the pre-market trading on Wednesday after concerns were raised on the possible sale. According to a Bloomberg report, the sale process has been put on a hold, as the company is seeking increased deal price. The cybersecurity firm has...
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JPMorgan Wanted More From Adobe
Wednesday, June 22, 2016 - 7:11am | 283Read More...Adobe Systems Incorporated (NASDAQ: ADBE) reported its 2Q16 results with the revenue and EPS mostly in line with expectations. JPMorgan’s Sterling Auty maintains an Overweight rating on the company, with a price target of $110. Elevated Expectations Given that the stock appreciated 7 percent...
