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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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For Barracuda Networks, JMP Securities Changes Its Tune
Tuesday, January 3, 2017 - 10:59am | 337Read More...Following the 15 percent pullback in Barracuda Networks Inc (NYSE: CUDA) shares as compared to the 3 percent appreciation in the Nasdaq, JMP Securities’ Erik Suppiger mentioned that although the stock continued to trade at a premium to peers, there was limited downside risk. Suppiger upgraded...
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How Cisco's Results Bode For Arista, FireEye, Palo Alto Networks
Thursday, November 17, 2016 - 2:22pm | 400Read More...The strong first-quarter resultsfrom Cisco Systems, Inc. (NASDAQ: CSCO) were weighed down by the company’s lower-than-expected second-quarter guidance due to a weakness in service provider orders. JMP Securities analyst Erik Suppiger weighed in the impact of Cisco’s results on Arista...
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Barracuda Networks Shares Slammed As JMP Downgrades To Market Underperform
Monday, June 6, 2016 - 5:37pm | 187Read More...Barracuda Networks Inc (NYSE: CUDA) shares plunged 9.5 percent on Monday as JMP Securities' Erik Suppiger downgraded the stock from Market Perform to Market Underperform, the firm's equivalent of a Sell rating. Suppiger holds a $13 price target on shares of Barracuda Networks, about 18...
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JMP Sees $23/Share Takeout Price For Infoblox
Thursday, May 12, 2016 - 11:42am | 252Read More...Infoblox Inc (NYSE: BLOX) has reportedly received a buyout offer from Thomas Bravo, a private equity firm, and is considering hiring an advisor to look over the various strategic options. JMP Securities’ Erik Suppiger maintained a Market Outperform rating on the company, with a price target...
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The Street Likes FireEye, But 2016 Will Be A Pivotal Year
Wednesday, March 9, 2016 - 10:30am | 945Read More...Despite making some recovery over the past month, shares of FireEye Inc (NASDAQ: FEYE) are down 14 percent year-to-date. A number of Wall Street analysts expressed their views after the FireEye Analyst Day held in New York. JMP Securities JMP Securities’ Erik Suppiger maintained a...
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Palo Alto Networks Shares Fall After Analyst's View On Billings
Friday, February 19, 2016 - 10:39am | 450Read More...Shares of Palo Alto Networks Inc (NYSE: PANW) dropped as much as 10 percent Thursday after a Wall Street analyst said the company's quarterly report would be less-robust than usual and outlook would create volatility in the near term. Palo Alto Networks will release its financial results for its...
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F5 Double-Downgraded By Blair And JMP: Here's Why
Friday, November 13, 2015 - 9:57am | 469Read More...F5 Networks, Inc. (NASDAQ: FFIV) shares have been volatile so far in 2015, and are down 18 percent year-to-date. William Blair’s Jason Ader and JMP Securities’ Erik Suppiger downgraded the rating for the company to Market Perform. Following an unimpressive Analyst Day held by...
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Infoblox: Business Strong, Magnitude Unclear
Friday, September 4, 2015 - 9:03am | 211Read More...Shares of Infoblox, Inc. (NYSE: BLOX) have declined over 24 percent in the last three months. Erik Suppiger of JMP Securities has maintained an Outperform rating and price target of $32 on Infoblox. Infoblox reported the fourth consecutive quarter of revenue growth acceleration for F4Q15...
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JMP Group Encouraged By Cisco's Earnings, But Where The Company Goes From Here 'Is More Critical'
Thursday, August 13, 2015 - 3:18pm | 320Read More...Cisco Systems, Inc. (NASDAQ: CSCO) reported better-than-expected numbers on Wednesday for the first quarterly earnings under the leadership of its new CEO, Chuck Robbins. Erik Suppiger, JMP Group senior analyst, was on CNBC to weigh in on the company's earnings. In Midst Of A Major...
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JMP Starts Coverage On Check Point Software, Warns Of Competition In Firewall Market
Wednesday, July 1, 2015 - 8:34am | 200Read More...In a report published Wednesday, JMP Securities analyst Erik Suppiger initiated coverage of Check Point Software Technologies Ltd. (NASDAQ: CHKP) with a Market Perform rating. "[W]e believe the company will benefit from the growing demand for cybersecurity solutions; however, we are concerned that...
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4 Trends Cybersecurity Investors Should Know
Monday, June 15, 2015 - 1:17pm | 444Read More...JMP Securities analysts recently attended the Gartner Security Summit in Maryland. JMP analyst Erik Suppiger followed up this week with a report on the key takeaways from the summit, including the four major trends that JMP identified in the cybersecurity space. 1. Threat Intelligence The first...
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JMP Securities Sees Growth In CyberArk Due To Increasing Need For Online Security
Wednesday, April 22, 2015 - 12:34pm | 263Read More...JMP Securities on Wednesday issued an update on CyberArk Software, Ltd. (NASDAQ: CYBR) after analysts attended the RSA Security Conference in San Francisco. JMP Securities reiterated its Market Outperform rating for CyberArk and issued a $72 price target. Analysts Erik Suppiger and John Lucia...
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Why This Analyst Set An Outperform Rating On Cyberark Shares
Friday, April 17, 2015 - 9:32am | 269Read More...In a report published Friday, JJMP Securities analyst Erik Suppiger initiated coverage of Cyberark Software Ltd (NASDAQ: CYBR) with a Market Outperform rating and $72 price target as the Privileged Account Management (PAM) market is a rapidly growing opportunity with the potential to become a...
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Analysts: Little Upside For Aruba Networks
Friday, February 27, 2015 - 3:43pm | 355Read More...Aruba Networks, Inc. (NASDAQ: ARUN) has limited upside after a buyout rumor and second-quarter earnings beat pushed its shares up more than 30 percent, a couple of analysts said Friday. Shares of the Wi-Fi equipment company soared Wednesday on a Bloomberg report that Hewlett-Packard Company (...
