Michael Genovese

Arista Networks Inc (NYSE: ANET) shares were plunging to a two-year low after the maker of data center switches issued a downbeat fourth-quarter outlook Thursday.  The Analysts MKM Partners analyst Michael Genovese maintained a Neutral rating on Arista and lowered the fair value estimate...

The U.S.-China trade war complicated analysts’ assessments of Cisco Systems, Inc. (NASDAQ: CSCO)’s fourth quarter and outlook, with little consensus emerging on the stock’s near-term future. Cisco reported a slight earnings beat but it came with weaker-than-expected guidance that...

F5 Networks, Inc. (NASDAQ: FFIV) delivered overall healthy results for the third quarter. While underlying organic shift toward Software during the quarter is a positive, the EPS estimates for 2019 and 2020 have been lowered due to investments related to NGINX, according to MKM Partners. The...

Tech giant Cisco Systems, Inc. (NASDAQ: CSCO) proposed Tuesday to acquire optical company Acacia Communications, Inc. (NASDAQ: ACIA) in a deal that is "more expensive than it appears," according to Bank of America Merrill Lynch. The Analysts Bank of America's Tal Liani maintained a...

Optical and photonic products maker Lumentum Holdings Inc (NASDAQ: LITE) reported fiscal third-quarter results Tuesday that came in better than expected and prompted at least two Street analysts to reiterate their bullish stances.  The Analysts MKM Partners' Michael Genovese...

NeoPhotonics Corp (NYSE: NPTN) recorded 10-percent revenue growth in 2018, with a gross margin expansion of 1,390 basis points between the first and fourth quarters of 2018.  The company has high exposure to optical telecom and China — both of which are positive — and is...

Juniper Networks, Inc. (NYSE: JNPR) reported preliminary first-quarter results Thursday that fell short of convincing two analysts to turn bullish on the stock.  The Analyst Wells Fargo's Aaron Rakers maintains a Market Perform rating on Juniper Network with an unchanged $27...

Shares of Nokia Corporation (NYSE: NOK) have underperformed the Nasdaq composite by 800 bps in the last three months. The weaker performance is a result of investors perceiving the global 5G rollout as being slow, according to MKM Partners. The Analyst MKM Partners’ Michael Genovese...

Cisco Systems, Inc. (NASDAQ: CSCO) stock traded higher by more than 4 percent after the company beat consensus revenue and earnings estimates for its fiscal second quarter. Cisco reported $12.45 billion in revenue, up 5 percent from a year ago and above the $12.41 billion analysts had anticipated....

Juniper Networks, Inc. (NYSE: JNPR) reported preliminary fourth-quarter results Tuesday that came in below expectations and were delivered alongside a concerning outlook. Here's how five analysts reacted.  The Analysts Wells Fargo's Aaron Rakers maintains a Market...

F5 Networks, Inc. (NASDAQ: FFIV), a global specialist in application services and application delivery networking, reported mixed fiscal first-quarter results Wednesday. Here's how analysts on the Street reacted. The Analysts Bank of America's Tal Liani maintains a Buy rating on F5...

BlackBerry Ltd (NYSE: BB) reported Thursday its third-quarter results, which came in ahead of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Bank Of America's Daniel Bartus maintains an Underperform rating on BlackBerry with a...

Canada-based BlackBerry Ltd (NYSE: BB) reached an agreement last week to acquire Cylance, a threat detection cybersecurity company with a specialty in artificial intelligence. Here's how the sell-side reacted to BlackBerry's largest M&A move to date.   The Analysts CIBC...

Shares of Lumentum Holdings Inc (NASDAQ: LITE) plummeted more than 30 percent Monday after revising its guidance lower after an un-named industrial and consumer customer, most likely Apple Inc. (NASDAQ: AAPL), lowered its orders. Here is a summary of how some of the Street's top analysts...

Optical stocks led by Acacia Communications, Inc. (NASDAQ: ACIA) were hit hard Monday morning after the U.S. government slapped a seven-year restriction on the sale of optical equipment by American companies to China's ZTE. The Analyst MKM Partners analyst Michael Genovese commented on the...