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Has NetApp Turned The Public Cloud Market From A Headwind To A Tailwind?
Tuesday, February 14, 2017 - 12:56pm | 384Shares of NetApp Inc. (NASDAQ: NTAP) hit a new 52-week high of $39.90 on Tuesday after analysts at Piper Jaffray upgraded the stock to Overweight from Neutral with a price target boosted to $46 from a previous $37. Piper Jaffray's Andrew Nowinski argued in his upgrade note that NetApp can deliver a...
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Palo Alto: This Cybersecurity Firm's Q1 May Prove Foolproof
Monday, November 21, 2016 - 4:01pm | 614Palo Alto Networks Inc (NYSE: PANW) is scheduled to report its fiscal year first quarter 2017 results after markets close Monday. The earnings call is scheduled for 1:30 p.m. Pacific Time. Q1 Expectations Analysts, on average, expect the company to report earnings of $0.53 per share, up from...
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Rackspace Soars As Analysts Respond To Company's Decision To Explore Strategic Relationships
Friday, May 16, 2014 - 3:28pm | 672Shares of Rackspace Hosting (NYSE: RAX) continue to surge following reports that the open cloud company hired Morgan Stanley to evaluate strategic alternatives. Investors Optimistic on Rackspace's Long-Term Strategy Minutes before Thursday's close, Bloomberg reported that Rackspace hired...
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Fusion-io Analyst Day Is A Success
Friday, February 7, 2014 - 2:56pm | 226Analysts left Fusion-io's (NYSE: FIO) analyst day on positive note. Pacific Crest analyst Brent Bracelin noted that Fusion-io is showing “solid progress” in the turnaround. Bracelin remarked that he would have liked to see more details on metrics and milestones to reinforce the turnaround thesis...
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Shares of CommVault Spike Following Piper Jaffray's Comments
Tuesday, December 17, 2013 - 5:37pm | 107Shares of CommVault Systems, Inc. (NASDAQ: CVLT) jumped as much as 9.29% following Piper Jaffray's buying opportunity comments. Piper Jaffray analyst Andrew Nowinski noted that the recent weakness in shares is overdone creating a buying opportunity for investors. The analyst added that...
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UPDATE: Piper Jaffray Lowers PT on Fusion-IO on Limited Visibility
Monday, June 17, 2013 - 10:23am | 137In a report published on Monday, Piper Jaffray analyst Andrew Nowinski reiterated a Neutral rating on Fusion-io (NYSE: FIO) and lowered the price target from $18.00 to $15.00. In the report, Piper Jaffray stated, “Sentiment surrounding shares of FIO still remains starkly negative, evidenced...