FBN Securities

In a report published Friday, FBN Securities reiterated its Outperform rating on Datalink Corporation (NASDAQ: DTLK), and raised its price target from $11.00 to $13.00. FBN Securities noted, “We retain our Outperform rating on DTLK and raise our PT from $11 to $13 following a strong FQ4 report....

In a report published Friday, FBN Securities reiterated its Sector Perform rating on Qlik Technologies (NASDAQ: QLIK), and raised its price target from $20.00 to $27.00. FBN Securities noted, “After missing expectations in FQ2 2012, QLIK ended the year with a very strong report. We are not...

FBN Securities downgraded Seagate Technology (NASDAQ: STX) from Outperform to Sector Perform and raised the price target from $35.00 to $40.00. FBN Securities noted, "STX beat FQ2/Dec. revenue and EPS expectations and gained share, but its revenue guidance of $3.25-$3.45B is below prior consensus...

In a report published Friday, FBN Securities reiterated its Sector Perform rating on F5 Networks (NASDAQ: FFIV), and raised its price target from $100.00 to $110.00. FBN Securities noted, “We retain our Sector Perform rating on FFIV and increase our PT from $100 to $110. The company has...

In a report published Friday, FBN Securities reiterated its Sector Perform rating on Juniper Networks (NYSE: JNPR), and raised its price target from $18.00 to $22.00. FBN Securities noted, “We retain our Sector Perform rating on JNPR and raise our PT from $18 to $22. The report was mixed. Routers...

In a report published Wednesday, FBN Securities reiterated its Outperform rating on Seagate Technology (NASDAQ: STX), and raised its price target from $33.00 to $35.00. FBN Securities noted, “We retain our Outperform rating and raise our PT from $33 to $35 to reflect STX's slightly positive...

FBN Securities reduced its rating on Mellanox Technologies (NASDAQ: MLNX) from Outperform to Sector Perform and lowered its price target from $100 to $60. FBN Securities commented, "We are lowering our PT from $100 to $60 to reflect the recent trend of disappointing news (remember that the stock...

In a report published Friday, FBN Securities reiterated its Outperform rating and $45.00 price target on Splunk (NASDAQ: SPLK). FBN Securities noted, “We reiterate our Outperform rating on SPLK. The company continues to post very strong growth (67% revenue growth, 55% billings growth) while...

FBN Securities reduced its rating on Teradata (NYSE: TDC) from Outperform to Sector Perform and lowered its price target from $85 to $70. FBN Securities said, "After growing by 16% ex-acquisitions at CC in F2011, the company grew revenue by only 10% at CC and 7% as reported in FQ3 2012. Moreover...

In a report published Friday, FBN Securities reiterated its Outperform rating on Apple (NASDAQ: AAPL), but lowered its price target from $1,000.00 to $900.00. FBN Securities noted, “We retain our Outperform rating on AAPL but lower our PT from $1,000 to $900 primarily to reflect lower GM...

In a report published Friday, FBN Securities reiterated its Sector Perform rating and $1.50 price target on Quantum Corp. (NYSE: QTM). FBN Securities noted, “We maintain our Sector Perform rating and $1.50PT on QTM. The company is growing its (more valuable) disk segment well (up 18% Y/Y, up 38% Q...

In a report published Friday, FBN Securities reiterated its Sector Perform rating on Fusion-io (NASDAQ: FIO), but lowered its price target from $30.00 to $28.00. FBN Securities noted, “We retain our Sector Perform rating on FIO but trim our PT from $30 to $28 to reflect a more challenging IT...

FBN Securities initiated coverage on Tibco Software (NASDAQ: TIBX) with an Outperform rating and a $35 price target. FBN Securities said, "TIBX is “ahead of the curve” in BI/business analytics. TIBX offers SOA integration software (ActiveMatrix) which works well with its Business Optimization (...

FBN Securities initiated coverage on Teradata (NYSE: TDC) with an Outperform rating. FBN Securities commented, "We see core growth at TDC of around 10%, with upside to over 10% possible due to ramping business in Aprimo (recent acquisition in marketing campaign management) and Aster Data (recent...