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Mobileiron Upgraded By Imperial Capital On 'Faster-Than-Expected' Turnaround
Tuesday, February 13, 2018 - 10:42am | 366Read More...Mobileiron Inc (NASDAQ: MOBL) reported fourth-quarter results Feb. 8 that not only exceeded expectations, but signaled ongoing progress in a turnaround initiative, according to Wall Street's newest bull. The Analyst Imperial Capital's Michael Kim upgraded Mobileiron's stock...
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Analyst: BlackBerry Owes Q3 Beat To Licensing, Continued SaaS Pivot
Tuesday, December 26, 2017 - 11:37am | 465Read More...BlackBerry Ltd (NYSE: BB) reported forecast-beating fiscal third-quarter results last week that benefited from one-time IP licensing revenues and solid software and services revenues. The Analyst Imperial Capital analyst Michael Kim maintained an In-Line rating on the shares of BlackBerry...
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Some Turn Bearish On Palo Alto, Fortinet And Check Point Even As Cybercrime Endures
Tuesday, September 5, 2017 - 3:59pm | 596Read More...Credit Suisse initiated coverage of cybersecurity stocks Palo Alto Networks Inc (NYSE: PANW), Check Point Software Technologies Ltd. (NASDAQ: CHKP) and Fortinet Inc (NASDAQ: FTNT) with a Negative category view. The logic for the pessimism? The corporate network has been disintegrating amid the...
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BlackBerry's Q1 Earnings Due June 23: Expect Continued Turnaround Progress
Thursday, June 15, 2017 - 8:22am | 339Read More...BlackBerry Ltd (NASDAQ: BBRY) is scheduled to report its fiscal first-quarter results on June 23, and investors are expecting further updates to its ongoing turnarounds initiatives. Heading into the earnings report, Imperial Capital's Michael Kim maintains an In-Line rating on BlackBerry's stock...
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CyberArk Shares Likely To Trade Range Bound For Now; Imperial Downgrades
Monday, May 15, 2017 - 8:29am | 375Read More...Cyberark Software Ltd (NASDAQ: CYBR)'s stock lost 12 percent on Friday after the company's first-quarter earnings beat was overshadowed by management's guidance for the full fiscal year, which fell short of expectations. Following the earnings report, Imperial Capital's Michael Kim downgraded the...
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Incremental Value Of Blackberry's Arbitration Award Estimated At $1.54 Per Share
Thursday, April 13, 2017 - 8:48am | 417Read More...Shares of BlackBerry Ltd (NASDAQ: BBRY) spiked 16.04 percent on Wednesday trading after the company announced it had been awarded $814.9 million in an arbitration against QUALCOMM, Inc. (NASDAQ: QCOM) over royalty overpayments. While the decision regarding the amount of the award is interim, it is...
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How To Trade Proofpoint's Q1 Earnings Report
Wednesday, April 12, 2017 - 9:30am | 314Read More...Proofpoint Inc (NASDAQ: PFPT) is scheduled to report its Q1 2017 results on Thursday. The results will likely be in-line with or ahead of expectations, “driven by continued strong growth in the protection business and increased cross-selling/upselling of the company’s nine core product...
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A Preview Of Barracuda Networks' Q4 Earnings
Friday, April 7, 2017 - 8:28am | 426Read More...With Barracuda Networks Inc (NYSE: CUDA) scheduled to report its fiscal 2017's fourth-quarter results after the close on April 17, Imperial Capital’s Michael Kim expects to see continued robust growth in cloud email security and public cloud solutions, partly offset by a shift from on-premise...
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BlackBerry Has Become A Story Of Continued Progress And Diminishing Headwinds
Tuesday, April 4, 2017 - 10:52am | 333Read More...BlackBerry Ltd (NASDAQ: BBRY) reported its fiscal fourth-quarter 2017 results ahead of expectations. While the company continues to make turnaround progress, it faces emerging growth opportunities due to its transition to Software and Services, as well as diminishing headwinds from its Legacy...
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Strong Quarters From Cisco, Check Point May Be Positive For Palo Alto
Friday, February 24, 2017 - 9:15am | 373Read More...Palo Alto Networks Inc (NYSE: PANW) is scheduled to report its fiscal second-quarter 2017 results on Feb. 28. Strong results from industry peers in network security, Cisco Systems, Inc. (NASDAQ: CSCO) and Check Point Software Technologies Ltd. (NASDAQ: CHKP), indicate “broad-based market...
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Stay On The Sidelines Following FireEye Miss
Tuesday, February 7, 2017 - 9:53am | 292Read More...FireEye Inc (NASDAQ: FEYE) reported Q4 2016 revenue and billings below the consensus and the estimates, “with better bottom-line performance driven by one-time benefit of $15 mn and lower commissions,” Imperial Capital’s Michael Kim said in a note. The analyst maintained an In-...
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FireEye Gets Cold Reception On Weaker Billings, CFO Departure
Monday, February 6, 2017 - 2:22pm | 271Read More...Shares of FireEye Inc (NASDAQ: FEYE) were hammered last week following weak billings and tepid first quarter forecast, driven by contract delays, lower sales capacity and leadership transition. Notwithstanding lower-than-expected fourth quarter revenue and billings, the cybersecurity company...
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Target On Proofpoint Shares Lifted From $85 To $100 Following Q4 Results
Monday, January 30, 2017 - 9:55am | 292Read More...Proofpoint Inc (NASDAQ: PFPT) “continued to achieve strong growth and execution in 4Q16, exceeding our estimates and consensus, and management raised guidance for FY17,” Imperial Capital’s Michael Kim said in a note, while maintaining an Outperform rating on the company and...
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5 Top Picks For January
Thursday, January 5, 2017 - 11:37am | 720Read More...Based on the latest share prices and the respective one-year price targets, the list of top five equity investment opportunities represents an average upside potential of ~22 percent, Imperial Capital’s Michael Derchin said in a report. All the stocks have Outperform ratings. 1. Ascent...
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Pre-Earnings, Barracuda Still Totes Bearish Imperial Capital Thesis
Wednesday, January 4, 2017 - 10:35am | 298Read More...Imperial Capital’s Michael Kim expects Barracuda Networks Inc (NYSE: CUDA) to report its FQ3:16 results ahead of the consensus but in line with the estimates, when the company announces its numbers on January 9. Kim maintains an Underperform rating on the company, with a price target of $20....
