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Symantec Stumbles On Q4 Sales, CEO Calls It Quits
Friday, May 10, 2019 - 12:50pm | 477Read More...Symantec Corporation (NASDAQ: SYMC) shares were falling Friday after the cybersecurity company reported mixed fourth-quarter earnings, lower-than-expected guidance and the surprise departure of its top executive. The Report Earnings per share fell in line with expectations, but sales of $1....
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3 Investor Takeaways From The Microsoft Build Conference
Wednesday, May 8, 2019 - 10:24am | 405Read More...Microsoft Corporation (NASDAQ: MSFT) held its annual Build developer conference this week, and one Wall Street analyst said Wednesday that he's bullish on the software company after attending the event. The Analyst Mizuho analyst Gregg Moskowitz reiterated a Buy rating on Microsoft with a...
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FireEye Analysts Have Tepid Reaction To Mixed Q1
Wednesday, May 1, 2019 - 3:12pm | 631Read More...Fighting shadowy international cyber attackers: exciting. Financial results and guidance posted by cybersecurity firm FireEye Inc. (NASDAQ: FEYE): a little less exciting, according to Wall Street analysts. While FireEye has received attention for thwarting foreign cyberattacks, its mixed...
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Cowen Survey Paints A Bullish Picture For VMware
Thursday, January 11, 2018 - 5:04pm | 465Read More...VMware, Inc. (NYSE: VMW)'s stock soared higher by more than 50 percent in 2017, but there's room left for growth, according to a proprietary Cowen survey. The Analyst Cowen's Gregg Moskowitz upgraded VMware's stock rating from Market Perform to Outperform with a price...
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For Symantec, The Equifax Breach Bump May Be Overdone
Monday, October 9, 2017 - 9:32am | 563Read More...Cowen downgraded shares of Symantec Corporation (NASDAQ: SYMC) Monday based on the rationale that the 11-percent spike in the company's shares since last month's disclosure of Equifax Inc. (NYSE: EFX) breach is overdone. Equifax was at the receiving end in September, when it was revealed that...
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Wall Street Weighs In On Red Hat's Impressive Quarter
Tuesday, September 26, 2017 - 3:04pm | 676Read More...Red Hat Inc (NYSE: RHT) shares jumped more than 4.2 percent Tuesday after the company’s second-quarter earnings report topped market expectations. A number of Wall Street analyst weighed in on Red Hat following the report. Here’s a rundown of what they had to say. Voices From The Street...
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Time To Start Subscribing To The Autodesk Growth Story
Friday, August 25, 2017 - 3:01pm | 470Read More...Autodesk, Inc. (NASDAQ: ADSK) reported a second-quarter non-GAAP loss of 11 cents per share on revenues of $502 million, down 9 percent. The results were ahead of the consensus estimates, which called for a loss of 23 cents per share on revenues of $470 million. Subscription plan subscriptions...
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Cowen Downgrades LogMeIn, Cites 150% Rally Since June 2013
Tuesday, July 5, 2016 - 11:43am | 268Read More...LogMeIn Inc (NASDAQ: LOGM) shares have appreciated about 150 percent since June 2013, and Cowen’s Gregg Moskowitz believes the risk-reward on the stock is no longer favorable given the current stock valuation and the decelerating organic growth. Moskowitz downgraded the rating on the company...
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LogMeIn's LastPass Acquisition Gives Investors More Gains
Monday, February 22, 2016 - 11:30am | 265Read More...Cowen's Gregg Moskowitz maintained an Outperform rating on LogMeIn Inc (NASDAQ: LOGM), while raising the price target from $53 to $56. Although the stock is likely to remain rangebound in the near term, Moskowitz continues to believe that there could be more opportunities to monetize for...
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Cowen Downgrades Red Hat, Sees Little Upside At Moment
Thursday, October 22, 2015 - 12:05pm | 278Read More...Red Hat Inc (NYSE: RHT) shares have climbed 7 percent in the last one month, despite slipping below $70 on September 29. Cowen’s Gregg Moskowitz downgraded the rating on the company from Outperform to Market Perform, while maintaining the price target at $82. Although the company is...
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Cowen and Company Reiterates on Palo Alto Networks as Legal Risk Remains Meaningful
Tuesday, November 19, 2013 - 12:04pm | 147Read More...In a report published Tuesday, Cowen and Company analyst Gregg Moskowitz reiterated a Market Perform rating and $43.00 price target on Palo Alto Networks (NYSE: PANW). In the report, Cowen and Company noted, “Our legal consultants from Wolf, Greenfield & Sacks P.C. (WGS) sat in on Friday's...
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UPDATE: Cowen and Company Lowers PT on Red Hat Following Weak F2Q Billings Results
Tuesday, September 24, 2013 - 10:13am | 146Read More...In a report published Tuesday, Cowen and Company analyst Gregg Moskowitz reiterated a Market Perform rating on Red Hat (NYSE: RHT), but lowered the price target from $53.00 to $50.00. In the report, Cowen and Company noted, “For the 2nd time in the past three quarters, RHT attributed disappointing...
