Alex Kurtz

Enterprise cloud platform company Tintri Inc (NASDAQ: TNTR) reported third quarter results after the market close Wednesday, with a 6-percent year-over-year decline in revenue to $97 million and a narrower loss of 79 cents per share on a non-GAAP basis. Tintri guided for fourth-quarter revenue...

As Nutanix Inc (NASDAQ: NTNX)'s first quarter reporting date draws near, sell-side analysts have been voicing their opinion on what to expect from the hyperconvergence infrastructure vendor. The company is scheduled to report its fiscal first quarter 2018 results after the market close...

Cisco Systems, Inc. (NASDAQ: CSCO)'s fiscal first quarter earnings marked an end to an eight-quarter streak of revenue decline. The Analyst KeyBanc Capital Markets' Alex Kurtz maintains an Overweight rating on Cisco's stock with a price target boosted from $33 to $39. The...

KeyBanc Capital Markets recommends buying the recent weakness in Arista Networks Inc (NYSE: ANET) shares. The firm maintained its Overweight rating on the shares of Arista Networks and upped its price target from $200 to $213. After slumping 8.16 percent to $181.17 on Thursday, shares of Arista...

Pacific Crest Securities said in a note on Thursday Nutanix Inc (NASDAQ: NTNX)'s strategic positioning cannot be denied. Viable Partner Analysts Alex Kurtz and Steve Enders believe Nutanix remains a viable partner to Hewlett Packard Enterprise Co (NYSE: HPE) and Cisco Systems, Inc. (NASDAQ...

Nutanix Inc (NASDAQ: NTNX) shares were seen up roughly 12 percent on Friday after the company delivered a big fiscal Q3 earnings beat and guidance raise. After such a strong quarter, Nutanix bulls have plenty to be excited about, but bears also identified a things to like about the quarter as well...

Pacific Crest maintains its Overweight rating on Nutanix Inc (NASDAQ: NTNX) despite shares are in the negative territory on the company’s bookings commentary. On the call, Nutanix noted that large deals are usually 45 percent of bookings with second quarter down from that level. Analyst...

AppDynamics was prepping for an initial public offering, but the company now has different plans. AppDynamics sells an enterprise-grade application intelligence software platform that enables enterprises to accelerate a digital transformation. Cisco Systems, Inc. (NASDAQ: CSCO) announced it has...

On Tuesday, Cisco Systems, Inc. (NASDAQ: CSCO) announced its intention to acquire AppDynamics, a privately held Application Intelligence Software company, for ~$3.7 billion. “AppDynamics is a natural fit for Cisco's portfolio,” Pacific Crest’s Alex Kurtz said in a report. He...

Pacific Crest sees 25 percent potential upside in Nutanix Inc (NASDAQ: NTNX) shares as management is pushing into Global 2000 accounts, which is less than 20 percent penetrated (376 customers). The brokerage projects Global 2000 account for greater than 70 percent of traditional IT spending....

Pacific Crest Securities initiated coverage on Nutanix Inc (NASDAQ: NTNX) with an Outperform rating and a price target of $37, implying an upside potential of more than 25 percent from the current levels. The firm cited strong demand for end-customer for hyperconverged solutions and other positives...

Alex Kurtz of Sterne Agee CRT expects the acquisition of EMC Corporation (NYSE: EMC) by Dell, worth $67 billion, to close on time, over the next two quarters. Kurtz downgraded the rating on EMC to Neutral, while maintaining the price target at $28. No Concerns For CY16 “We expect no...

Wall Street's concerns for NetApp Inc. (NASDAQ: NTAP) are escalating, as Sterne Agee downgraded the stock to Underperform and Longbow sees more sales disappointments from the storage vendor. Legacy vendors such as Sunnyvale, California-based NetApp, EMC Corporation (NYSE: EMC) and Dell are losing...