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An (Almost) Bear-Free Zone: Wall Street Reacts To Cisco's Earnings
Thursday, November 16, 2017 - 3:59pm | 991Cisco Systems, Inc. (NASDAQ: CSCO)'s fiscal first quarter earnings and outlook were strong enough to push the stock to a new multiyear high. Here's what some of Wall Street's top analysts are saying after the print: Barclays: The Positives And Negatives Barclays' Mark Moskowitz...
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Cisco's Q1: What Was Bullish, What Was Bearish
Thursday, November 16, 2017 - 9:47am | 381Cisco Systems, Inc. (NASDAQ: CSCO)'s fiscal first quarter earnings marked an end to an eight-quarter streak of revenue decline. The Analyst KeyBanc Capital Markets' Alex Kurtz maintains an Overweight rating on Cisco's stock with a price target boosted from $33 to $39. The...
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This One Word Is Used By Nearly Every Tech Company To Describe The Job Market
Monday, April 10, 2017 - 12:12pm | 396What do most if not all Silicon Valley companies have in common? According to a CNBC report, Silicon Valley companies that file for an initial public company all use one particular word to describe the job market: "intense." The latest company to use this exact word is Okta Inc (NASDAQ: OKTA). The...
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How Has The First IPO Of The Trump Age Performed?
Monday, February 6, 2017 - 10:33am | 431The IPO market, which turned in a lukewarm showing last year, is bracing for a buoyant year in 2017. The long-awaited IPO of Snap Inc., the parent of messaging app Snapchat, was confirmed, as it filed with the SEC the Form S-1 document last Thursday. Even as investors brace for the resurgence...
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AppDynamics May Have Learned Something From New Relic
Wednesday, January 25, 2017 - 2:43pm | 477AppDynamics was in the final stages of prepping for an initial public offering, but the company's plans changed very quickly after Cisco Systems, Inc. (NASDAQ: CSCO) bought it out. AppDynamics, touted as the first major tech IPO of 2017, was looking to raise as much as $165.6 million at a $1.9...
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The Art Of The Deal: Cisco Nabs AppDynamics Just Before IPO
Wednesday, January 25, 2017 - 12:32pm | 869AppDynamics was prepping for an initial public offering, but the company now has different plans. AppDynamics sells an enterprise-grade application intelligence software platform that enables enterprises to accelerate a digital transformation. Cisco Systems, Inc. (NASDAQ: CSCO) announced it has...
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Cisco's AppDynamics Deal Merits A Maintained Overweight Rating, Says Pacific Crest
Wednesday, January 25, 2017 - 10:45am | 332On Tuesday, Cisco Systems, Inc. (NASDAQ: CSCO) announced its intention to acquire AppDynamics, a privately held Application Intelligence Software company, for ~$3.7 billion. “AppDynamics is a natural fit for Cisco's portfolio,” Pacific Crest’s Alex Kurtz said in a report. He...
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Cisco May Have Captured A Unicorn In AppDynamics
Wednesday, January 25, 2017 - 9:55am | 434Wunderlich believes Cisco Systems, Inc. (NASDAQ: CSCO) may have captured a unicorn in its $3.7 billion purchase of AppDynamics, which helps businesses identify and fix bugs in their applications. AppDynamics would boost Cisco’s security products and the company’s ability to scale...
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Sorry, IPO Fans: Cisco Buys AppDynamics Two Days Before It Was To Go Public
Wednesday, January 25, 2017 - 8:57am | 304Cisco Systems, Inc. (NASDAQ: CSCO) on Tuesday night announced plans to acquire AppDynamics, a privately held Application Intelligence Software company that was about to go public. The purchase could add up to 1 point of top-line growth for Cisco in FY 2018, Deutsche Bank's Vijay Bhagavath...
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Meet 2017's First Big Tech IPO
Friday, January 20, 2017 - 4:03pm | 442The first big tech IPO of 2017 will happen next week. According to CNBC, AppDynamics, a software company that helps business identify and fix bugs in their applications, is expected to raise as much as $165.6 million in its initial public offering. Shares are expected to be listed at $10 to $12...
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This Is The 'Glue' Holding App Developers Together: Here's How To Invest
Friday, June 19, 2015 - 3:17pm | 400In a report issued Thursday, analysts at Pacific Crest including Rob Owens, Brendan Barnicle, Brent Bracelin and their respective teams looked into the software industry and trends among developers. According to the note, “the days of broad, monolithic applications are numbered.”...
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Startups Could Fail Without A Great App
Friday, June 20, 2014 - 9:13am | 560How important is it for a business -- young or old, small or large -- to have a great app? According to AppDynamics, all companies must build the best app possible or risk losing customers. "When something doesn't work, they [consumers] just don't use it," Tom Levey,...