Mark Kelleher

D.A. Davidson issued a report on Akamai Technologies, Inc. (NASDAQ: AKAM) giving a preview of the fourth quarter along with earnings expectations. D.A. Davidson rates Akamai Technologies as a Buy with a one-year price target of $86.00. Analyst Mark Kelleher wrote, "We view the company'...

F5 Networks, Inc. (NASDAQ: FFIV) first earnings miss in seven quarters may not signal a change in its long-term growth trend according to several analysts Thursday. Shares of the company opened sharply lower and traded recently at $111.85, off more than 11 percent. F5 said Wednesday that...

F5 Networks, Inc. (NASDAQ: FFIV) will release its fiscal Q1 2015 earnings report after the market close on Wednesday. Analysts expect revenue of $467.25 million with EPS of $1.49. Deutsche Bank rated the company a Buy and called “for a slight beat on the print and an inline to slight...

In a report published Friday, D.A. Davidson analyst Mark Kelleher upgraded the rating on A10 Networks Inc (NYSE: ATEN) from Neutral to Buy, and raised the price target from $5.00 to $6.00. In the report, D.A. Davidson noted, “ATEN has struggled through 2014, missing consensus expectations with both...

In a report published Tuesday, D.A. Davidson analyst Mark Kelleher reiterated a Buy rating on Akamai Technologies, Inc. (NASDAQ: AKAM), and raised the price target from $72.00 to $86.00. In the report, D.A. Davidson noted, “Our overall investment thesis for AKAM remains unchanged. We view the...

In a report published Tuesday, D.A. Davidson analyst Mark Kelleher initiated coverage on QLogic Corporation (NASDAQ: QLGC) with a Buy rating and $17.00 price target. In the report, D.A. Davidson noted, “We believe QLGC is well-positioned to return to sustainable growth driven by new Ethernet...

D.A. Davidson downgraded Rackspace Hosting, Inc. (NYSE: RAX) Friday from Neutral to Underperform and set a price target of $40. Analyst Mark Kelleher expected “steady top line and EBITDA growth for Rackspace Hosting over the next several years,” and he believed “an Enterprise...

NetScout Systems, Inc. (NASDAQ: NTCT) plunged 14 percent Tuesday in the wake of its plan to acquire a competitor's communications business for $2.6 billion. Danaher Corporation (NYSE: DHR) shareholders will receive 62.5 million NetScout shares in exchange for the Danaher unit. NetScout,...

In a report published Wednesday, D.A. Davidson analyst Mark Kelleher initiated coverage on Barracuda Networks (NYSE: CUDA) with a Neutral rating and $29.50 price target. In the report, D.A. Davidson noted, “Barracuda's products target multiple segments of the fast-growing security market. From...

In a report published Tuesday, D.A. Davidson & Co. analyst Mark Kelleher reiterated a Neutral rating and $33.00 price target on Rackspace Hosting (NYSE: RAX). In the report, D.A. Davidson & Co. noted, “After the close Rackspace Hosting released Q2 2014 (Jun) quarterly results. Revenues were...

In a report released Monday, D.A. Davidson analyst Mark Kelleher upgraded Rackspace Hosting (NYSE: RAX) from Underperform to Neutral with a 12 to 18 month $33.00 price target. Analysts at D.A Davidson favor the recent news of Rackspace hiring Morgan Stanley to look for alternatives for the...

In Wednesday's morning summary, D.A. Davidson analyst Mark Kelleher initiated coverage on F5 Networks (NASDAQ: FFIV) with a Buy rating and $145.00 price target. Kelleher says the company's "secret sauce" is its Traffic Management Operating System, which he noted is the...

D.A. Davidson & Co. analyst Mark Kelleher initiated coverage on NetApp (NASDAQ: NTAP) with a Buy rating and $45.00 price target. Although NetApp has faced "significant" headwinds of its OEM business with IBM, Kelleher expects the branded business to be more visible. The analyst...

D.A. Davidson believes Gigamon's (NYSE: GIMO) 36 percent drop on Tuesday is a buying opportunity. Analyst Mark Kelleher upgraded shares from Neutral to Buy and has a $22.50 price target after lowering the price target from $36 yesterday. The analyst assumes the company “can maintain a 23% growth...

In a report published Friday, D.A. Davidson analyst Mark Kelleher reiterated a Buy rating on Akamai Technologies (NASDAQ: AKAM), and raised the price target from $62.00 to $63.00. In the report, D.A. Davidson noted, “Akamai reported December quarter (Q4) revenues of $436 million and non-GAAP EPS...