Shebly Seyrafi

While some analysts are viewing the recent first-quarter miss on deliveries figures for Tesla Motors Inc (NASDAQ: TSLA) as indicative of future downside for the company, FBN analyst Shebly Seyrafi countered that argument, saying the miss was "meaningless." "Last night, TSLA announced that it...

Splunk Inc (NASDAQ: SPLK) fell sharply Friday despite beating first quarter estimates and multiple love notes from Wall Street analysts. The analytics software company traded down more than 4 percent recently at $67.76. The sell-off was sparked by concern that Splunk's billings growth...

Speaking to Benzinga, FBN Securities Managing Director of Technology & Internet Research Shebly Seyrafi said he expects the Amazon.com, Inc. (NASDAQ: AMZN) earnings report to show continued good growth in North America and other areas, including Amazon Web Services. Seyrafi is also looking...

Salesforce.com, Inc. (NYSE: CRM) shares fell Thursday on a disappointing outlook but an analyst said the company's 28 percent increase offers a clear look at its potential. The San Francisco-based customer relationship management company traded recently at $59.07, down 3 percent. FBN'...

In a report published Wednesday, FBN Securities analyst Shebly Seyrafi reiterated an Outperform rating on FireEye Inc (NASDAQ: FEYE), but lowered the price target from $50.00 to $45.00. In the report, FBN Securities noted, “We retain our Outperform rating on FEYE and lower our PT from $50 to $45....

FBN Securities lowered its price target on Google Inc (NASDAQ: GOOG) from $750 to $650 in a report issued Monday. The firm maintained an Outperform rating. Analyst Shebly Sayrafi made the change in response to the company missing “consensus revenue and EPS driven primarily by a...

Analysts reactions to Twitter Inc's (NYSE: TWTR) third quarter results on Monday have been generally mixed. Shebly Seyrafi of FBN Securities' reaction was mostly positive, noting that management's fourth quarter guidance is merely "conservative" and the market's response in punishing shares is an...

In a note out Monday morning, FBN Analyst Shebly Seyrafi kept his Outperform rating on Amazon.com, Inc. (NASDAQ: AMZN) following earnings, but lowered his price target to $350 from $400. The large decline in international CSOI (to -8.9 percent from -1.4 percent in FQ2 and -1.2 percent a year...

FBN Securities reiterated its Outperform rating on NetSuite Inc (NYSE: N) and raised its price target from $115 to $125 in a report issued Sunday after the company strong billing growth. "FQ3 revenue & EPS beat, with accelerating trends in subscription revenue (35 percent Y/Y growth),...

In a note released Monday, FBN analyst Shebly Seyrafi reiterated an Outperform rating and $75 price target on Citrix Systems, Inc. (NASDAQ: CTXS). Seyrafi began by noting all segments, other than products and license, grew and beat consensus estimates for the third quarter. The company was also...

In a note out Monday, FBN Analyst Shebly Seyrafi retained his Sector Perform rating and $21 price target on Riverbed Technology, Inc. (NASDAQ: RVBD). Some of the positives: "1) RVBD's SteelCentral Performance Management (which includes OPNET) revenue grew 21% as thissegment has grown...

In a report published Monday, FBN Securities analyst Shebly Seyrafi reiterated an Outperform rating on ServiceNow (NYSE: NOW), and raised the price target from $80.00 to $85.00. In the report, FBN Securities noted, “We reiterate our Outperform rating on NOW and raise our PT from $80 to $85. The...