Srini Nandury

In a note published Monday morning, Summit Research analyst Srini Nandury upgraded shares of Brocade Communications Systems, Inc. (NASDAQ: BRCD) from Sell to Hold and raised the price target from $8.50 to $10. Nandury's upgrade comes on the belief that Brocade's Fibre Channel (FC)...

Micron Technology, Inc. (NASDAQ: MU) will report earnings after Thursday's close. For Q4 2014, analysts expect Micron to report $0.80 per share, a three-times growth over the $0.20 reported for the same period last year. The driver, according to Summit Research Partners, will be a DRAM...

Analysts at Summit Research upgraded shares of NetApp Inc. (NASDAQ: NTAP) to a Buy and raised the price target to $55 Tuesday. Srini Nandury outlined reasons for the upgrade. Nandury stated, “our upgrade is based on the thesis that NetApp will have no choice but find itself a buyer....

After posting a strong beat on earnings Thursday, shares of Splunk (NASDAQ: SPLK) are trading up Friday. Summit Research has reiterated its Buy rating and maintained its $55 price target. Analyst Srini Nandury noted that "Splunk now has beaten the mid-point of guidance by an average of 9.2...

Following Teradata's (NYSE: TDC) second quarter results on Friday, analysts at Summit Research maintained a positive view of the company's prospects. Teradata earned $0.72 per share, topping analyst expectations by $0.07. Revenue of $676 million was $15.3 million more than analysts...

In a report released Friday, Summit analyst Srini Nandury maintained a Hold rating on Tableau Software (NYSE: DATA), while increasing its price target from $60 to $62. Analysts at Summit favor Tableau Software recent second quarter earnings, beating consensus expectations in revenue and raising...

In a report published Tuesday, Summit Research analyst Srini Nandury commented that Mellanox Technologies (NASDAQ: MLNX) could see a boost from Intel's (NASDAQ: INTC) Grantley processor. Nandury reiterated a Buy rating and $52.00 price target on Mellanox, expecting the Grantley ramp to be...

In a note released Tuesday morning, Summit Research analyst Srini Nandury reiterated a Hold rating and $34 price target on NetApp (NASDAQ: NTAP) amid beliefs that the company is well positioned as an acquisition target. Nandury commented, "We believe NetApp makes a good acquisition...

PLX Technology (NASDAQ: PLXT) will be acquired for $309 million by Avago Technologies (NASDAQ: AVGO). Terms of the deal, approved by both companies' boards, call for Avago to launch a $6.50 per share tender offer for PLX, funded with Avago's available cash. The offer provides PLX...

In a report published Monday, Summit Research analyst Srini Nandury initiated coverage on Brocade (NASDAQ: BRCD) with a Buy rating and $8.50 price target. In the report, Summit Research noted, “We initiate coverage of BRCD with a BUY rating and a PT of $8.50 based on a 12x multiple on our...