-
Adobe's Consistency Should Be Rewarded, Says JPMorgan
Friday, December 16, 2016 - 10:20am | 332Read More...JPMorgan’s Sterling Auty believes the strong Q4 results reported by Adobe Systems Incorporated (NASDAQ: ADBE) were a “very good finish to the fiscal year with all segments and geographies of the business performing very well.” Auty maintains an Overweight rating on the company,...
-
TiVo's Netflix Contract Demonstrates The Strength Of Company's Patent Portfolio
Tuesday, November 29, 2016 - 11:56am | 345Read More...TiVo Corp (NASDAQ: TIVO) announced after the close Monday that it had entered into a licensing agreement with Netflix, Inc. (NASDAQ: NFLX). The agreement covers product and IP licensing solutions. JPMorgan’s Sterling Auty maintains an Overweight rating on TiVo, with a price target of $34. The...
-
Imperva Shares Plunge Below $40 Amid Sale Concerns
Wednesday, October 19, 2016 - 9:20am | 355Read More...Shares of Imperva Inc (NYSE: IMPV) tanked more than 15 percent in the pre-market trading on Wednesday after concerns were raised on the possible sale. According to a Bloomberg report, the sale process has been put on a hold, as the company is seeking increased deal price. The cybersecurity firm has...
-
JPMorgan Wanted More From Adobe
Wednesday, June 22, 2016 - 8:11am | 283Read More...Adobe Systems Incorporated (NASDAQ: ADBE) reported its 2Q16 results with the revenue and EPS mostly in line with expectations. JPMorgan’s Sterling Auty maintains an Overweight rating on the company, with a price target of $110. Elevated Expectations Given that the stock appreciated 7 percent...
-
Here's Why The Market Should Love Palo Alto's Q3
Friday, May 27, 2016 - 8:34am | 291Read More...Palo Alto Networks Inc (NYSE: PANW) reported its 3Q16 EPS in-line with expectations, despite a significant revenue beat. JPMorgan’s Sterling Auty maintained an Overweight rating for the company, while reducing the price target from $216 to $196. Shares lost more than 10 percent after...
-
JPMorgan Starts Secureworks At Overweight, $18 Target
Tuesday, May 17, 2016 - 8:42am | 264Read More...With the development of the Counter Threat Platform [CTP], Secureworks Corp (NASDAQ: SCWX) has built “the right amount of technology” to drive a scalable and eventually profitable Managed Security Service [MSS] business for Enterprise customers, JPMorgan’s Sterling Auty said in...
-
JPMorgan Views Cyberark As A Standout In Security Group
Friday, May 6, 2016 - 8:39am | 250Read More...Cyberark Software Ltd (NASDAQ: CYBR) reported its 1Q16 revenue and EPS significantly ahead of expectations. JPMorgan’s Sterling Auty maintained an Overweight rating for the company, with a price target of $48. The analyst commented that while serval security companies announced healthy...
-
JPMorgan Remains Neutral On Akamai Heading Into Q1 Results
Monday, April 25, 2016 - 9:26am | 293Read More...Although Akamai Technologies, Inc. (NASDAQ: AKAM) reported robust results for the previous quarter, driven by strong online holiday sales, JPMorgan’s Sterling Auty believes the March quarter numbers will reflect the current state of the company’s business better. Auty maintains a...
-
JPMorgan Says Buy The Dip In Rovi
Wednesday, March 2, 2016 - 2:48pm | 431Read More...Shares of Rovi Corporation (NASDAQ: ROVI) have plunged more than 9 percent Wednesday after DIRECTV (NASDAQ: DTV) unveiled its Web TV service plans. But, JPMorgan said investors should take advantage of the recent dip and buy the stock. DirecTV, a subsidiary of AT&T Inc. (NYSE: T), said it...
-
JP Morgan Raises Target On Rovi From $23 To $34, Says AT&T-DirectTV Deal Is Price Floor
Friday, February 19, 2016 - 9:37am | 327Read More...JP Morgan’s Sterling Auty maintained an Overweight rating for Rovi Corporation (NASDAQ: ROVI), while raising the price target from $23 to $34. He added that the deal between AT&T Inc. (NYSE: T) and DIRECTV (NASDAQ: DTV) is likely to have received preferential pricing due to its size as...
-
Cyberark Defended At JPMorgan; Auty Tells Investors To Take A Step Back
Wednesday, February 17, 2016 - 10:42am | 273Read More...Cyberark Software Ltd (NASDAQ: CYBR) shares are down 24 percent year-to-date, and are currently trading near their 52-week low of $31.50. JPMorgan’s Sterling Auty maintained an Overweight rating for the company, with a price target of $48. Cyberark’s robust performance and its...
-
JPMorgan: FireEye Can Double In Price
Thursday, January 21, 2016 - 10:38am | 314Read More...FireEye Inc (NASDAQ: FEYE) shares have been on a downturn for six months, and have lost 68 percent since July 21. JPMorgan’s Sterling Auty maintained an Overweight rating for the company, with a price target of $30. The company has taken a big step in the right direction, beating...
-
Cyberark-Check Point Merger 'Makes Sense,' JPMorgan Says
Wednesday, January 13, 2016 - 2:50pm | 360Read More...Cyberark Software Ltd (NASDAQ: CYBR) shares are up more than 20 percent on Wednesday after Israel's Haaretz reported the company is in talks to be acquired by Check Point Software Technologies Ltd. (NASDAQ: CHKP). While analysts at Oppenheimer think a merger has a "low probability"...
-
Apple TV Suspension Hurts Akamai Technologies
Monday, December 14, 2015 - 11:58am | 388Read More...JPMorgan issued a company update on Akamai Technologies, Inc. (NASDAQ: AKAM) and reduced the earnings estimates of the content delivery networks company due to Apple Inc. (NASDAQ: AAPL)'s suspension of their web TV service. JPMorgan currently rates Akamai Technologies as Neutral with a $65 price...
-
Cybersecurity Pair Trade: CyberArk Upgraded, Qualys Downgraded By JPMorgan
Thursday, December 10, 2015 - 10:52am | 524Read More...Shares of Cyberark Software Ltd (NASDAQ: CYBR) are down 19 percent since September 10, while Qualys Inc (NASDAQ: QLYS) shares are up 24 percent. JP Morgan’s Sterling Auty upgraded the rating on Cyberark from Underweight to Overweight, while downgrading the rating on Qualys from Neutral...
