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Lake Street Capital Initiates Pareteum, Turnaround Positive
Monday, September 24, 2018 - 4:11pm | 349Communications provider Pareteum Corp. (NYSE: TEUM) exhibits well-executed turnaround, underappreciated growth and tremendous share upside. The Analyst Lake Street Capital Markets analyst Eric Martinuzzi initiated coverage on Pareteum with a Buy rating and a $5 price target. The Thesis In...
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Nano Dimension Shares Initiated With Buy Rating By Lake Street
Tuesday, September 27, 2016 - 10:22am | 330Lake Street Capital Markets initiated coverage of Nano Dimension Ltd - ADR (NASDAQ: NNDM) with a Buy rating and a price target of $12. Analyst Eric Martinuzzi pointed to Nano Dimension's "revolutionary" multilayer circuit board printer, the DragonFly 2020, as the reason for their positive rating....
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LakeStreet Analysts Raise NetApp Price Target On Solid Q1 Results
Thursday, August 18, 2016 - 11:46am | 213LakeStreet raised its estimates and price target on NetApp Inc. (NASDAQ: NTAP) following the company's first quarter results exceeded consensus in both revenue and EPS. The results showed that the headwinds in OEM and legacy ONTAP are diminishing with the law of small numbers while AFA and...
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Lake Streets Starts Xactly At Buy, Says Stock Could Worth More Than $20 If Salesforce Buys Company
Wednesday, May 18, 2016 - 3:06pm | 503Lake Street Capital Markets has started Xactly Corp (NYSE: XTLY) with a Buy rating and $12 price target, saying that last year's sales investments would bear fruit this year. Moreover, the brokerage said the stock could be worth more than $20 if salesforce.com, inc. (NYSE: CRM) buys the company....
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Riverbed Technology Deal Seen Early In 2015
Saturday, October 25, 2014 - 10:28am | 247Riverbed Technology, Inc. (NASDAQ: RVBD) recent results are a sideshow to the short-term story of a pending bid to acquire the company, an analyst said Friday. While fundamentals for Riverbed have deteriorated, "they haven't fallen off a cliff," Lake Street's Eric Martinuzzi said. "If any bid is...
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Quantum Corp Surges 13% On Positive Q2 Revenue
Tuesday, October 14, 2014 - 8:48am | 195Quantum Corp (NYSE: QTM) shares surged 13 percent in Tuesday's premarket on the company’s positive preliminary Q2 numbers. Lake Street Capital had upgraded its rating on the company to Buy at the end of June and analyst Eric Martinuzzi commented that his "faith was well-placed"...
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UPDATE: Lake Street Capital Initiates Coverage On Carbonite Inc
Thursday, October 2, 2014 - 3:54pm | 197Lake Street Capital Markets initiated coverage of Carbonite Inc (NASDAQ: CARB) with a Buy rating and $16 price target. Analyst Eric Martinuzzi issued a report in which he expressed that Carbonite represents a “hidden growth story.” According to the report, investors may still...
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UPDATE: Lake Street Capital Markets Downgrades Datalink Corporation as Product Margins Decline More Than Expected
Wednesday, October 23, 2013 - 11:12am | 153In a report published Wednesday, Lake Street Capital Markets analyst Eric Martinuzzi downgraded the rating on Datalink Corporation (NASDAQ: DTLK) from Buy to Hold, and lowered the price target from $14.00 to $13.00. In the report, Lake Street Capital Markets noted, “We were forgiving of declining...
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UPDATE: Lake Street Initiates Imation with Buy Focusing on Storage and Security, Hidden Assets
Friday, September 13, 2013 - 4:01pm | 138Lake Street analyst Eric Martinuzzi initiated Imation Corporation (NYSE: IMN) exposure with a Buy rating and PT of $8.00. Martinuzzi noted that this PT is not based on the valuation of the media businesses or the $50 million in hidden investments, rather on the Storage and Security Solutions...
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UPDATE: Lake Street Capital Markets Downgrades NetApp on Challenges/Opportunities Ahead
Thursday, August 15, 2013 - 9:27am | 149In a report published Thursday, Lake Street Capital Markets analyst Eric Martinuzzi downgraded NetApp (NASDAQ: NTAP) from Buy to Hold, but reiterated the $43.00 price target. In the report, Lake Street Capital Markets noted, “Standing on the NetApp investor front porch in August 2013 one can...
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UPDATE: Lake Street Capital Markets Initiates Selectica at Buy on Substantial Upside Opportunity
Wednesday, August 14, 2013 - 10:06am | 157In a report published Wednesday, Lake Street Capital Markets analyst Eric Martinuzzi initiated coverage on Selectica (NASDAQ: SLTC) with a Buy rating and $12.00 price target. In the report, Lake Street Capital Markets noted, “Selectica has a marquee installed base of CPQC software clients, but...
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UPDATE: Lake Street Initiates Callidus Software at Buy on New 'State-of-the-art' Sales and Marketing Platform
Tuesday, June 18, 2013 - 1:25pm | 106In a report published Tuesday, Lake Street analyst Eric Martinuzzi initiated Callidus Software (NASDAQ: CALD) at a Buy rating and a price target of $9.00. In the report, Lake Street cited that, “After years as a one-trick commissions administration pony, Callidus Software has assembled a state-...
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Craig-Hallum Maintains Buy Rating On NetScout Systems, Inc. (NTCT)
Wednesday, April 14, 2010 - 1:47pm | 137Analysts Eric Martinuzzi and Ryan R. Bergan at Craig Hallum have released an update on NetScout Systems, Inc. (NASDAQ: NTCT). The company released preliminary results for the fourth-quarter on Tuesday. Based on these results, FY10 non-GAAP revenue is expected to be in the range of $261-$262 million...
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Craig-Hallum Maintains LookSmart (LOOK) Buy Rating
Friday, March 19, 2010 - 9:31am | 150Craig-Hallum Capital Group analysts Eric Martinuzzi and Ryan R. Bergan maintained their Buy rating for shares of LookSmart, Ltd. (Nasdaq: LOOK) but lowered the price target from $2 to $1.50 per share. The analysts said that LookSmart Chairman and CEO Jean-Yves Dexmier laid out a 3-point plan to...