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DA Davidson Downgrades VF Corp, Says Long-Term Growth Drivers 'Need Time To Shine'
Tuesday, September 6, 2016 - 7:42am | 292Read More...D.A. Davidson’s Andrew Burns believes the long-term drivers of value creation for VF Corp (NYSE: VFC) remain intact, retail and category headwinds are likely to limit the company’s near-term growth potential. Burns downgraded the rating on the company from Buy to Neutral, while...
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D.A. Davidson Takes A Look At Greif's Upside Surprise Earnings Release
Thursday, September 1, 2016 - 3:15pm | 342Read More...Shares of Greif, Inc. (NYSE: GEF) climbed more than 5 percent to touch a new 52-week high of $44.97 following its $0.19 third quarter EPS beat and upbeat outlook. But, D.A. Davidson said the upside surprise to third-quarter earnings is not as large as headlines suggest, as the earnings were boosted...
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D.A. Davidson Attributes Salesforce Billings Miss To Currency Headwinds
Thursday, September 1, 2016 - 12:17pm | 244Read More...Shares of Salesforce.com, inc. (NYSE: CRM) fell more than 6 percent as investors were disappointed with the below-than-expected billings growth for the second quarter as well as third quarter guidance miss. Jack Andrews of D.A. Davidson reiterated his Neutral rating and $86 target, and...
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Palo Alto's Shift To Cloud Business Seems To Be Accelerating
Thursday, September 1, 2016 - 11:34am | 408Read More...Palo Alto Networks Inc (NYSE: PANW) reported robust FYQ4:16 results, with the revenue and EPS beating expectations. D.A. Davidson’s Jack Andrews reiterated a Buy rating on the company with a price target of $186. Strong Q4 The company reported its revenue for the quarter at $400.8 million,...
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Investor Sentiment Remains Subdued Ahead Of Salesforce.com Earnings
Wednesday, August 31, 2016 - 11:49am | 429Read More...Investors' sentiments remained subdued and volatile ahead of salesforce.com, inc. (NYSE: CRM)'s earnings announcement, which is scheduled for after the market close on Wednesday. The company has a history of delivering results either in line or above the consensus over the last seven years. There...
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Salesforce Has Had 'Meet Or Beat' Quarters For The Past 7 Years; Will The Streak Continue?
Tuesday, August 30, 2016 - 3:33pm | 446Read More...Salesforce.com, inc. (NYSE: CRM) will announce its fiscal second-quarter results on August 31 after the market close, and D.A. Davidson expects the company to report an in-line EPS, while projecting revenue above consensus. Analyst Take The brokerage expects non-GAAP EPS of $0.22, which matched the...
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D.A. Davidson Sees Summit Materials Climbing Higher
Tuesday, August 30, 2016 - 3:18pm | 270Read More...D.A. Davidson analyst Brent Thielman expects Summit Materials, Inc. (NYSE: SUM) to gain from the Cement business that offers attractive opportunities in the upcoming years for growth. The analyst retained his Buy rating and $27 price tag. The comment comes on the heels of a meeting with...
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Broadcom's Q3 Should At Least Meet Expectations, Says D.A. Davidson
Tuesday, August 30, 2016 - 11:13am | 389Read More...Thomas Diffely of D.A. Davidson said he expects the third-quarter results of Broadcom Ltd (NASDAQ: AVGO) should at least meet expectations. Semiconductor company Broadcom is expected to report its third-quarter results on September 1 after market close. D.A. Davidson sees pro-forma EPS of $2.77 and...
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California Drought Could Have Lasting Effects On Calavo Growers
Monday, August 29, 2016 - 10:23am | 363Read More...D.A. Davidson analyst Eric Gottlieb is worried about Calavo Growers, Inc. (NASDAQ: CVGW)'s volume because of the drought in California and the strike in Mexico. However, the analyst maintains his Neutral rating and price objective of $65. The comments come a week ahead of the company's scheduled Q3...
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People Are Playing More Golf This Year: Here's Callaway's Market Share Opportunity
Monday, August 29, 2016 - 9:51am | 437Read More...Following investor meetings with Callaway Golf Co’s (NYSE: ELY) management, D.A. Davidson’s Andrew Burns expressed increased confidence regarding the underlying fundamentals of the golf industry, opportunities for margin expansion and the company’s market share opportunities....
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D.A. Davidson Likes What It Sees In Splunk's Q2 Report
Friday, August 26, 2016 - 11:33am | 357Read More...Splunk Inc (NASDAQ: SPLK) reported robust FYQ2:17 results, with the revenue ahead of the estimates, consensus and guidance. D.A. Davidson’s Jack Andrews reiterated a Buy rating on the company with a price target of $83. Beat Results Splunk reported its revenue and EPS for FYQ2:17 at $212.75...
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D.A. Davidson Previews Matrix Service's Q4 Earnings
Friday, August 26, 2016 - 9:11am | 250Read More...D.A. Davidson expects Matrix Service Co (NASDAQ: MTRX) to report Q4 earnings below consensus on commodity market pressure. Matrix Service, a provider of engineering, fabrication, infrastructure, construction and maintenance services, is set to report its Q4 numbers on August 30 after the market...
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Dycom Well Positioned To Capitalize On Market Opportunity
Thursday, August 25, 2016 - 3:01pm | 266Read More...D.A. Davidson reiterated its Buy rating on Dycom Industries, Inc. (NYSE: DY), saying the company is well positioned to leverage the market opportunity created by carrier spending. Carriers are investing to increase connection speeds, with many looking for 1GB/second standards in metro markets...
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Workday Still On Track For Potential Re-Acceleration
Thursday, August 25, 2016 - 2:59pm | 253Read More...On Wednesday after the market close, Workday Inc (NYSE: WDAY) reported slightly weak earnings and forecasts, but displayed strong revenues relative to analyst estimates. D.A. Davidson's Take "While WDAY posted a positive operating margin, EPS was negatively impacted by a ~$15 million charge...
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D.A. Davidson Reiterates Underperform Rating On Infoblox Ahead Of Q4 Results
Thursday, August 25, 2016 - 2:22pm | 268Read More...D.A. Davidson reiterated its Underperform rating on Infoblox Inc (NYSE: BLOX) and expects an in–line earnings when the company reports its fourth quarter results on August 31. The brokerage expects earnings of $0.07 in line with consensus estimate and projects revenue of $85.5 million...











