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A Look At BlackBerry's Different Business Model
Tuesday, December 20, 2016 - 3:08pm | 410Read More...BlackBerry Ltd (NASDAQ: BBRY) provided investors with a closer look of its new business model on Tuesday, which resulted in a pop of more than 2 percent in the company's stock. BlackBerry announced back in September that it will no longer manufacturer its own hardware devices, once considered the...
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Imperial Stays Bullish On Palo Alto, But Cuts Estimates
Tuesday, November 29, 2016 - 8:37am | 304Read More...Imperial Capital’s Michael Kim believes that Palo Alto Networks Inc (NYSE: PANW) is continuing to capture market share over existing vendors. Kim maintained an Outperform rating on the company, while lowering the price target from $190 to $180. The analyst believes the stock has upside...
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CyberArk Software Has 15% Upside
Monday, November 7, 2016 - 10:43am | 330Read More...Imperial Capital upgraded Cyberark Software Ltd (NASDAQ: CYBR) to Outperform from In-Line on strong license revenue growth, which, according to be brokerage, underscores the expanding market awareness for privileged account security (PAS) and the company’s early leadership position...
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Despite Strong Q2 From Barracuda, Imperial Capital Maintains Its Underweight Rating
Thursday, October 13, 2016 - 9:15am | 307Read More...Barracuda Networks Inc (NYSE: CUDA) reported its FQ2 results ahead of expectations, backed by higher appliance sales and expense timing. The company’s core business is likely to continue to generate solid growth, Imperial Capital’s Michael Kim said in a report. He maintains an...
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Imperial Concerned About Blackberry's Software Shift, Raises Target To $8.50
Friday, September 30, 2016 - 8:43am | 406Read More...BlackBerry Ltd (NASDAQ: BBRY) reported its FQ2 2017 results, with EPS beating expectations but the revenue coming in below the consensus and the estimate. The company also announced the appointment of a new CFO and that it intended to stop in-house hardware development. Imperial Capital’s...
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Imperial Capital Downgrades FireEye To In-Line Citing Weaker Billings Outlook
Tuesday, August 9, 2016 - 8:45am | 298Read More...Although FireEye Inc (NASDAQ: FEYE) continues to be a leader in advanced threat detection, Imperial Capital’s Michael Kim believes there are greater near-term challenges and business risks, driven by industry shifts and organizational changes. Kim downgraded the rating on the company from...
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Imperva Management Says Longer Sales Cycles To Blame For Poor Q2 Results
Wednesday, July 13, 2016 - 10:05am | 305Read More...Imperial Capital’s Michael Kim believes investors are likely to remain cautious on Imperva Inc (NYSE: IMPV) in the near term, until management offers greater visibility into the organizational changes and delivers more consistent results. Kim maintains an Outperform rating on the company,...
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BlackBerry's Software And Services Better Than Expected According To Imperial Capital
Friday, June 24, 2016 - 9:25am | 332Read More...BlackBerry Ltd (NASDAQ: BBRY) reported mixed F1Q17 results on June 23. Imperial Capital’s Michael Kim maintains an In-Line rating on the company, with a price target of $7. Mixed Results Kim mentioned that while the revenue for F1Q17 were below the consensus and estimate, the EPS beat...
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All Of Imperial Capital's Best Ideas For June
Tuesday, June 7, 2016 - 11:05am | 875Read More...Imperial Capital analysts presented their current list of top equity investment opportunities. All these best ideas were assigned Outperform ratings and represented average upside potential of about 29 percent. Allegion Analyst Jeff Kessler has a target price of $71 for Allegion PLC (NYSE:...
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CyberArk Price Target Raised To $45 By Imperial On Impressive Q1, Risk/Reward Balance
Thursday, May 19, 2016 - 3:51pm | 353Read More...Imperial Capital raised the price target of Cyberark Software Ltd(NASDAQ: CYBR) by 9.7 percent to $45, implying a potential upside of 8 percent above recent levels. The change follows the company's better-than-expected quarterly results. Cyberark reported first-quarter revenue of $46.9 million and...
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Imperial Maintains Outperform Rating On Mobileiron, But Reduces Price Target To $4.50
Thursday, May 12, 2016 - 11:28am | 308Read More...Imperial Capital's Michael Kim maintains an Outperform rating on Mobileiron Inc (NASDAQ: MOBL), while lowering the price target from $5.50 to $4.50. Kim maintained that the price target "implies potential upside of about 44 percent above recent levels." But, he reduced his FY16 and FY17 estimates...
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Imperial Capital Warns On BlackBerry, Sees Priv Distribution Challenges
Monday, April 18, 2016 - 11:04am | 261Read More...BlackBerry Ltd (NASDAQ: BBRY) achieved mixed progress in its turnaround strategy in F4Q16. Imperial Capital’s Michael Kim maintained an In-Line rating for the company, while reducing the price target from $9 to $7.50. BlackBerry had significantly lower-than-expected hardware sales and...
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Imperial's Kim Keeps Cyberark Target In Low $40s, Trims Full Year Estimates
Thursday, February 18, 2016 - 1:55pm | 227Read More...On Thursday, Imperial Capital issued a company note on CyberArk Software Ltd. (NASDAQ: CYBR) after the company reported 4Q15 results that exceeded analyst expectations. Analysts at Imperial Capital maintained CyberArk's In-Line rating while lowering their one-year price target from $42 to $41...
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Imperial Upgrades Proofpoint Following Strong Earnings Report
Monday, February 1, 2016 - 8:38am | 326Read More...Having been on a downturn for the past month, shares of Proofpoint Inc (NASDAQ: PFPT) have lost 23 percent since January 4. Imperial Capital’s Michael Kim upgraded that rating for the company from In-Line to Outperform, while raising the price target from $65 to $68. Proofpoint...
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Imperial Capital Downgrades Barracuda: Stock Worth $12, Not $25
Monday, January 11, 2016 - 8:45am | 334Read More...Barracuda Networks Inc (NYSE: CUDA) shares plummeted 35 percent on January 8. Imperial Capital’s Michael Kim downgraded the rating for the company from Outperform to In-Line, while reducing the price target from $25 to $12. Billings outlook has been lowered to reflect an accelerated...
