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Palo Alto Networks Still A 'Best-In-Breed Security Vendor' After Mixed Results, Reviews
Saturday, May 28, 2016 - 6:22pm | 299Shares of Palo Alto Networks Inc (NYSE: PANW) were down more than 12.3 percent on Friday trading following the announcement of strong third-quarter results and relatively weak guidance Thursday afternoon. However, not all analysts were as bearish as the market. In a report issued Friday, Nomura...
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Buy The Dip In Salesforce Shares Ahead Of Q4 Earnings
Wednesday, February 17, 2016 - 10:20am | 193Nomura’s Frederick Grieb has maintained a Buy rating on salesforce.com, inc. (NYSE: CRM) with a price target of $90. The company is scheduled to report its F4Q16 earnings on February 24, after market close. Although the stock has declined 23 percent since the F3Q16 earnings were reported...
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Nomura Upgrades CyberArk On Market Penetration Potential
Friday, September 25, 2015 - 8:03am | 333CyberArk Software Ltd (NASDAQ: CYBR) shares are down 25 percent since June 23, when they traded above $70, and remained below the $50 mark through most of September. Nomura’s Frederick Grieb upgraded the rating on the company from Neutral to Buy, while raising the price target from $57...
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How Much Is Palo Alto Networks Worth? Barclays And Nomura Differ
Tuesday, March 3, 2015 - 1:34pm | 273Two reports published Tuesday morning looked at Palo Alto Networks Inc (NYSE: PANW). Barclays analysts Raimo Lenschow and Saket Kalia rate the stock at Overweight and fix a $170 price target. Nomura's Frederick Grieb sees it as a Buy and sets the price target to $165. Barclays Barclay...
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Nomura Raises Price Target On Palo Alto Networks Ahead Of Earnings
Tuesday, February 24, 2015 - 5:30pm | 183Nomura raised its price target on Palo Alto Networks Inc (NYSE: PANW) Tuesday from $130 to $145 and maintained a Buy rating. Analyst Frederick Grieb indicated that checks showed positive results for the company’s products which gave support to the expectation that Palo Alto will beat Q2...
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Nomura Raises Price Target On Fortinet On 4Q'14 Earnings Takeaways
Thursday, January 29, 2015 - 8:48am | 159In a report published Thursday, Nomura analyst Frederick Grieb reiterated a Buy rating on Fortinet (NASDAQ: FTNT), and raised the price target from $34.00 to $35.00. In the report, Nomura noted, “Fortinet reported F4Q'14 billings of $283mn, representing 35% yoy growth, above the Street estimate of...
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UPDATE: Nomura Initiates Coverage on Symantec on Market Leader Position
Wednesday, September 18, 2013 - 11:05am | 181In a report published Wednesday, Nomura analyst Frederick Grieb initiated coverage on Symantec Corporation (NASDAQ: SYMC) with a Neutral rating and $29.00 price target. In the report, Nomura noted, “Symantec is a leading vendor in the security and storage markets, but has struggled to grow market...
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UPDATE: Nomura Initiates Coverage on AVG Technologies Ahead of Multiple Positive Catalysts
Wednesday, September 18, 2013 - 11:04am | 187In a report published Wednesday, Nomura analyst Frederick Grieb initiated coverage on AVG Technologies NV (NYSE: AVG) with a Buy rating and $29.00 price target. In the report, Nomura noted, “We are initiating coverage of AVG Technologies (AVG) with a Buy rating and $29 target price, given our...
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UPDATE: Nomura Raises PT on Ultimate Software Following Solid 2Q13 Report
Wednesday, July 31, 2013 - 10:08am | 203In a report published Wednesday, Nomura analyst Frederick Grieb reiterated a Neutral rating on Ultimate Software (NASDAQ: ULTI), and raised the price target from $96.00 to $125.00. In the report, Nomura noted, “Ultimate reported 2Q'13 recurring revenues of $80.8mn, essentially in line with the...