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A Tip Of The Cap To Red Hat's Strong Quarter: Sell-Side Roundup
Thursday, June 22, 2017 - 3:38pm | 883Read More...Red Hat Inc (NYSE: RHT) reported first-quarter non-GAAP net income of $0.56 Tuesday after the market close. The figures came in $0.06 higher than the $0.50 per share in the year-ago period, and the top line grew 19 percent to $677 million. Both metrics were ahead of the consensus estimates. The...
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Oracle Shares Have Outperformed Year To Date; Can The Momentum Continue After The Q4 Print?
Wednesday, June 21, 2017 - 11:03am | 373Read More...Shares of Oracle Corporation (NYSE: ORCL) are higher by 20 percent year-to-date, which begs the question: can the outperformance continue moving forward? BTIG's Joel Fishbein thinks there is room for further upside as he maintained a Buy rating on Oracle's stock with a $47 price target....
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A Stellar Q1 For Red Hat
Wednesday, June 21, 2017 - 10:53am | 269Read More...Analysts have grown increasingly bullish on Red Hat Inc (NYSE: RHT) following a first-quarter earnings beat, continuing from an exceptional fiscal 2017 Q4. BTIG analyst Joel Fishbein reiterated a Buy rating while raising its price target from $95 to $120. “[Fiscal Q1] may prove to be a...
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H&R Block CEO Goes Out With A Beat As Q4 Results Exceed Expectations
Wednesday, June 14, 2017 - 9:53am | 434Read More...H & R Block Inc (NYSE: HRB) shares are surging in reaction to the strong fourth-quarter results the company released Tuesday. BTIG noted the results would mean CEO Bill Cobb, who last month announced his departure from the company at the end of July, will bow out in style. Analyst Mark Palmer...
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The Bar For VeriFone Was Already Low This Year -- And Management Just Set It Lower
Friday, June 9, 2017 - 4:15pm | 464Read More...VeriFone Systems Inc (NYSE: PAY) shares are taking a beating on Friday following the release of its second-quarter results after the close of trading on Thursday. Expectations Go Lower And Lower ... BTIG in a note commented that management just set the bar lower for the year, even as it was...
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The Only Bullish Scenario For Juno Therapeutics: Its CEO May Get Fired
Thursday, June 8, 2017 - 10:05am | 445Read More...As Juno Therapeutics Inc (NASDAQ: JUNO) continues to trail its peers, BTIG analyst Dane Leone sees the stock falling nearly 50 percent as he downgrades his rating to Sell and set a price target of $12 (see Dane Leone's track record). “The company is trailing peers [Kite Pharma Inc (NASDAQ:...
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Key Reasons BTIG Just Upgraded Kite Pharma
Thursday, June 8, 2017 - 9:20am | 312Read More...A solid strategy and great execution have led BTIG analyst, Dane Leone, to upgrade his recommendation on Kite Pharma Inc. (NASDAQ: KITE) to Buy, and set a price target of $100. The Core Theses That Sees Upside Over 20% Kita Pharma’s trademark brand, Aix-Cel, should garner approximately 60...
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VMware 'Clearly Executing Well' Following Solid Q1
Friday, June 2, 2017 - 11:55am | 486Read More...VMware, Inc. (NYSE: VMW) has been a standout performer for more than a year, according to BTIG. The IT company reported first-quarter results after the close Thursday. VMware is "clearly executing well, navigating the initial chapters of the Dell deal nicely, showing promising...
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Five Below Spins Its Way To A Q1 Beat
Friday, June 2, 2017 - 10:57am | 484Read More...Strong first-quarter results from Five Below Inc (NASDAQ: FIVE) reflect a strong core business, said BTIG analyst Alan Rifkin. The retailer reported an operating EPS of $0.15 — above BTIG's $0.14 estimate and the Street estimate of $0.13. Five Below's first quarter was...
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BTIG Downgrades Workday Following 'Good Quarter'
Friday, June 2, 2017 - 10:42am | 394Read More...BTIG analysts downgraded shares of Workday Inc (NYSE: WDAY) after the company reported a much better-than-expected first-quarter earnings report. Analyst Joel Fishbein Jr. downgraded the stock from Buy to Neutral with an unchanged $97 price target, despite the company reporting a solid start...
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Palo Alto Soars 15% On Thursday, But What Are Analysts Saying?
Thursday, June 1, 2017 - 2:17pm | 625Read More...Shares of Palo Alto Networks Inc (NYSE: PANW) gained more than 15 percent on Thursday after the company's fiscal third-quarter report handily exceeded expectations. Here is a summary of what some of Wall Street's most notable analysts are saying about Palo Alto's stock after the...
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Palo Alto Is Not Too Far Away From Once Again Firing On All Cylinders
Thursday, June 1, 2017 - 8:53am | 353Read More...Shares of Palo Alto Networks Inc (NYSE: PANW) soared higher by more than 13 percent after the company's fiscal third-quarter earnings report impressed investors and some of Wall Street's top analysts. BTIG's Joel Fishbein maintains a Buy rating on Palo Alto's stock with an unchanged price target as...
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Did Williams-Sonoma Do Enough In Q1 To Battle Amazon?
Thursday, May 25, 2017 - 2:59pm | 425Read More...Shares of Williams-Sonoma, Inc. (NYSE: WSM) opened for trading in positive territory at $53.80 Thursday morning in reaction to its first-quarter results. But by the afternoon trading session, the stock had given up all its earlier gains. Loop Capital Markets' Anthony Chukumba maintains a Hold...
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Salesforce's Sell-Side Earnings Roundup
Sunday, May 21, 2017 - 12:35pm | 594Read More...Salesforce.com, inc. (NYSE: CRM) reported modest earnings and revenue beats in the first quarter. Several Wall Street analysts have commented on the stock following the report. Here’s a look at the key themes they discussed. Large Deals Salesforce’s Q1 deals with large clients such as...
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For Salesforce, The Sum Is Worth More Than The Parts
Friday, May 19, 2017 - 11:52am | 473Read More...Commenting on salesforce.com, inc. (NYSE: CRM)'s first-quarter results, BTIG said the sum is worth more than the parts for the company. Clear Line To $20 Billion Revenues Analysts Joel Fishbein, Edward Parker and Abhinav Kapur noted that the company continues to deliver on its broadening platform...
















