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4 Reasons To Store Some Pure Storage In Your Portfolio
Thursday, May 25, 2017 - 3:27pm | 373Analysts at JMP Securities maintain a Market Outperform rating on Pure Storage Inc (NYSE: PSTG) with an unchanged $16 price target in reaction to the company's "strong" earnings report and encouraging guidance. Q1 In Review According to JMP's John Lucia, Pure Storage's $0.14 per share loss in the...
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Analyst Reiterates Outperform Rating On Nutanix After Meeting With Management
Tuesday, April 18, 2017 - 12:30pm | 346John Lucia of JMP Securities maintains an Outperform rating on Nutanix Inc (NASDAQ: NTNX)'s stock with an unchanged $35 price target despite the stock trading near its all-time lows of $17.02 on Tuesday after an uber-hot 2016 IPO. Justification Of Rating Lucia's bullish stance follows a recent...
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NetApp's Recent Momentum Should Continue; JMP Upgrades
Thursday, April 6, 2017 - 9:27am | 403JMP’s John Lucia believes the recent momentum in NetApp Inc. (NASDAQ: NTAP)'s would persist, driven by the company’s enhanced competitive position, along with a large opportunity to upgrade its installed based to all-flash. The analyst upgraded the rating on the company from Market...
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3 Reasons Long-Term Nutanix Investors Remain Bullish
Friday, March 3, 2017 - 12:56pm | 210Nutanix Inc (NASDAQ: NTNX) shares are down after the company reported mixed results due to execution challenges as it focuses on larger enterprise accounts that would position the company for the long term. John Lucia of JMP Securities reiterated his Market Outperform rating on Nutanix shares,...
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HP Enterprise's SimpliVity Acquisition: What It Means For Nutanix
Wednesday, January 18, 2017 - 12:48pm | 342Hewlett Packard Enterprise Co (NYSE: HPE) has announced that it is acquiring Nutanix Inc (NASDAQ: NTNX)'s largest privately held competitor, SimpliVity, for $650 million. JMP Securities’ John Lucia maintains a Market Outperform rating on Nutanix, with a price target of $38, following this...
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What Wall Street Is Saying About NetApp's Q2
Thursday, November 17, 2016 - 10:58am | 640Shares of NetApp Inc. (NASDAQ: NTAP) gained more than 10 percent during Wednesday's after-hours trading session, as the company impressed investors with its second-quarter earnings report. Here is a summary of what Wall Street analysts are saying. Morgan Stanley Katy Huberty of Morgan Stanley...
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JMP Reiterates Positive Rating On Pure Storage As Shares Up 12% On 'Strong' Earnings
Friday, August 26, 2016 - 9:16am | 223JMP Securities maintained its Market Outperform rating and $19 price target on Pure Storage Inc (NYSE: PSTG), saying that the upcoming product cycle presents buying opportunity. further. Pure Storage reported second quarter EPS of $(0.16) on revenues of $163 million and guided to third quarter...
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Ubiquiti Downgraded At JMP: What Shareholders Should Know
Monday, October 19, 2015 - 4:59pm | 328JMP downgraded shares of Ubiquiti Networks Inc (NASDAQ: UBNT) from Market Perfom to Market Underperform on Monday. The experts set a $26 price target for the stock. Shares of Ubiquiti are down more than 6 percent on Monday trading. In a report issued Monday, JMP analysts Erik Suppiger...
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JMP Boosts Aerohive Networks Target To $10 Based On New E-Rate Data
Monday, July 6, 2015 - 1:45pm | 256In a report issued Monday, JMP Securities analysts Erik Suppiger and John Lucia reiterated a Market Outperform rating on shares of Aerohive Networks Inc (NYSE: HIVE), while boosting their price target from $8 to $10 on new data regarding the E-rate program. Positive checks and data reported by...
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JMP Securities Sees Growth In CyberArk Due To Increasing Need For Online Security
Wednesday, April 22, 2015 - 12:34pm | 263JMP Securities on Wednesday issued an update on CyberArk Software, Ltd. (NASDAQ: CYBR) after analysts attended the RSA Security Conference in San Francisco. JMP Securities reiterated its Market Outperform rating for CyberArk and issued a $72 price target. Analysts Erik Suppiger and John Lucia...
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JMP Downgrades Aruba Networks, Shares Fall 5%
Monday, January 12, 2015 - 11:56am | 235JMP Securities downgraded Aruba Networks, Inc. (NASDAQ: ARUN) Monday from Market Outperform to Market Perform. Analysts Erik Suppiger and John Lucia commented that their “checks suggest that the steps Aruba Networks has taken to cut costs and optimize sales efficiency may have frustrated...