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UPDATE: Sterne Agee Initiates Coverage On Mellanox Technologies, Ltd. As All Focus Turns To Haswell Launch
Wednesday, September 17, 2014 - 8:06am | 134In a report published Wednesday, Sterne Agee analyst Alex Kurtz initiated coverage on Mellanox Technologies, Ltd. (NASDAQ: MLNX) with a Neutral rating and $46.00 price target. In the report, Sterne Agee noted, “We expect a major tailwind behind the Haswell launch starting this quarter, especially...
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UPDATE: Sterne Agee Reiterates on Cisco Systems as Emerging Markets Severely Crimp January Guide
Thursday, November 14, 2013 - 12:23pm | 125In a report published Thursday, Sterne Agee analyst Alex Kurtz reiterated a Buy rating on Cisco Systems (NASDAQ: CSCO), but lowered the price target from $28.00 to $25.00. In the report, Sterne Agee noted, “Cisco along with other big cap tech vendors is experiencing new levels of volatility within...
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UPDATE: Sterne Agee Initiates Coverage on Violin Memory on Market Leader Position
Friday, November 1, 2013 - 9:23am | 100In a report published Friday, Sterne Agee analyst Alex Kurtz initiated coverage on Violin Memory (NYSE: VMEM) with a Neutral rating. In the report, Sterne Agee noted, “Violin has emerged as one of the leading vendors in the All Flash Array market with what we view as a differentiated hardware...
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UPDATE: Sterne Agee Downgrades Teradata Corporation on Negative Outlook for Remainder of Year
Tuesday, October 15, 2013 - 11:13am | 111In a report published Tuesday, Sterne Agee analyst Alex Kurtz downgraded the rating on Teradata Corporation (NYSE: TDC) from Buy to Neutral, and removed the $70.00 price target. In the report, Sterne Agee noted, “With few catalysts through the remainder of the year, along with a lower projected...
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UPDATE: Sterne Agee Raises PT on Cisco Systems Following Emerging Markets Deal Setback, Unchanged Guidance/Outlook
Thursday, August 15, 2013 - 11:28am | 124In a report published Thursday, Sterne Agee analyst Alex Kurtz reiterated a Buy rating on Cisco Systems (NASDAQ: CSCO), and raised the price target from $26.00 to $28.00. In the report, Sterne Agee noted, “A challenging quarter as APJC product orders (down 3%) and other Emerging Markets saw...
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UPDATE: Sterne Agee Initiates Infoblox at Neutral on Valuation
Friday, July 12, 2013 - 8:09am | 111In a report published on Friday, Sterne Agee analyst Alex Kurtz initiated coverage on Infoblox (NYSE: BLOX) with a Neutral rating. In the report, Sterne Agee stated, "The company has built a strong technical lead in the IP Address Management (IPAM) market along with a diverse business model. We...
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UPDATE: Sterne Agee Initiates Coverage on Cray With a Buy Rating on Expanding HPC Market
Tuesday, May 21, 2013 - 9:24am | 188In a report published on Tuesday, Sterne Agee analyst Alex Kurtz initiated coverage on Cray (NASDAQ: CRAY) with a Buy rating and a price target of $25.00. In the report, Sterne Agee noted, "We believe Cray is well positioned to grow top line and deliver improving leverage over the next several...