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The Street Likes FireEye, But 2016 Will Be A Pivotal Year
Wednesday, March 9, 2016 - 10:30am | 945Despite making some recovery over the past month, shares of FireEye Inc (NASDAQ: FEYE) are down 14 percent year-to-date. A number of Wall Street analysts expressed their views after the FireEye Analyst Day held in New York. JMP Securities JMP Securities’ Erik Suppiger maintained a...
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Piper Jaffray Upgrades FireEye As 'Path To Profitability Becoming Clearer'
Wednesday, March 9, 2016 - 9:15am | 255Piper Jaffray’s Andrew J. Nowinski upgraded the rating for FireEye Inc (NASDAQ: FEYE) from Neutral to Overweight, while raising the price target from $15 to $24. Analyst Andrew Nowinski mentioned four reasons for the upgrade: "As-a-Service" Model FireEye is likely to...
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Piper Jaffray Downgrades FireEye On Intensifying Competition
Monday, October 5, 2015 - 11:34am | 356FireEye, Inc. (NASDAQ: FEYE) shares have declined 31.4 percent, year to date, hitting a low of $31.23 on September 29. Piper Jaffray’s Andrew J. Nowinski has downgraded the rating on the company to Neutral, while lowering the price target from $60 to $37. Nowinski expressed concerns...
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The Piper Jaffray Note Shaking The Cybersecurity World
Monday, April 13, 2015 - 1:11pm | 613Piper Jaffray commented on the datacenter technology industry Monday following its 1Q15 Security Reseller survey. The firm asked resellers for their Q2 June expectations, based on the deal pipeline they have for each vendor. The outcome indicates if resellers were expecting above normal or...
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Piper Jaffray Sees Increased Competition In Storage Devices Space; Downgrades EMC, NetApp
Monday, March 23, 2015 - 4:42pm | 429In two separate reports issued Monday, Piper Jaffray analysts Andrew J. Nowinski and Ryan R. Bergan downgraded shares of EMC Corporation (NYSE: EMC) and NetApp Inc. (NASDAQ: NTAP) from Overweight to Neutral ratings. Both companies' stocks responded negatively to the demotions. The EMC...
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UPDATE: Piper Jaffray Downgrades Equinix on Balanced Risk/Reward
Thursday, February 20, 2014 - 9:45am | 161In a report published Thursday, Piper Jaffray analyst Andrew J. Nowinski downgraded the rating on Equinix (NASDAQ: EQIX) from Overweight to Neutral, and lowered the price target from $215.00 to $210.00. In the report, Piper Jaffray noted, “Equinix reported solid Q4 results, modestly ahead of the...
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UPDATE: Piper Jaffray Upgrades Emulex as OPEX Cuts, Capital Allocation Are a Step in the Right Direction
Tuesday, November 12, 2013 - 11:12am | 168In a report published Tuesday, Piper Jaffray analyst Andrew J. Nowinski upgraded the rating on Emulex Corporation (NYSE: ELX) from Neutral to Overweight, and raised the price target from $8.00 to $9.00. In the report, Piper Jaffray noted, “Emulex followed through with previous plans to lower OPEX...
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UPDATE: Piper Jaffray Downgrades NetApp on Weakening Demand, Increasing Competitive Pressure
Monday, November 4, 2013 - 11:03am | 161In a report published Monday, Piper Jaffray analyst Andrew J. Nowinski downgraded the rating on NetApp (NASDAQ: NTAP) from Overweight to Neutral, and lowered the price target from $45.00 to $38.00. In the report, Piper Jaffray noted, “We are downgrading shares of NTAP to Neutral and lowering our...
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Piper Jaffray Reiterates Overweight on Fusion-IO Following IBM's Announcement of ioScale PCIe Cards
Tuesday, October 1, 2013 - 11:14am | 138In a report published Tuesday, Piper Jaffray analyst Andrew J. Nowinski reiterated an Overweight rating and $17.00 price target on Fusion-IO (NYSE: FIO). In the report, Piper Jaffray noted, “IBM announced it will offer its own version of Fusion-io's ioScale PCIe cards later in October; IBM is the...
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UPDATE: Piper Jaffray Upgrades Fusion-IO on Share Undervalue
Tuesday, September 10, 2013 - 11:04am | 162In a report published Tuesday, Piper Jaffray analyst Andrew J. Nowinski upgraded the rating on Fusion-IO (NYSE: FIO) from Neutral to Overweight, and raised the price target from $12.00 to $17.00. In the report, Piper Jaffray noted, “We are upgrading shares of FIO to Overweight and raising our...
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UPDATE: Piper Jaffray Downgrades InterXion Holding on Lack of Catalysts/Upside
Thursday, August 8, 2013 - 9:28am | 184In a report published Thursday, Piper Jaffray analyst Andrew J. Nowinski downgraded InterXion Holding (NYSE: INXN) from Overweight to Neutral, and lowered the price target from $28.00 to $24.00. In the report, Piper Jaffray noted, “InterXion has consistently delivered steady revenue and adj....
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UPDATE: Piper Jaffray Downgrades Mellanox Technologies on Limited Upside
Thursday, July 25, 2013 - 8:31am | 175In a report published Thursday, Piper Jaffray analyst Andrew J. Nowinski downgraded Mellanox Technologies (NASDAQ: MLNX) from Overweight to Neutral, and lowered the price target from $65.00 to $45.00. In the report, Piper Jaffray noted, “We are downgrading shares of MLNX to Neutral and lowering...
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UPDATE: Piper Jaffray Initiates Seagate Technology at Neutral on Balanced Outlook
Tuesday, July 9, 2013 - 8:39am | 173In a report published on Monday, Piper Jaffray analyst Andrew J. Nowinski initiated coverage on Seagate Technology (NASDAQ: STX) with a Neutral rating and a $45 price target. In the report, Piper Jaffray stated, "There are four key investment points supporting our Neutral rating. First, we view...
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UPDATE: Piper Jaffray Initiates Western Digital at Overweight on Several Catalysts on the Horizon
Tuesday, July 9, 2013 - 8:09am | 170In a report published on Monday, Piper Jaffray analyst Andrew J. Nowinski initiated coverage on Western Digital (NASDAQ: WDC) with an Overweight rating and a $77 price target. In the report, Piper Jaffray stated, "There are four key investment points supporting our rating. First, we view the...
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Blue Coat Systems, Inc.’s (BCSI) Price Target Raised
Wednesday, February 24, 2010 - 9:03am | 135Analysts Troy D. Jensen and Andrew J. Nowinski at Piper Jaffray have raised the price target for Blue Coat Systems, Inc. (NASDAQ: BCSI) from $32 to $35. The price target has been raised after the company reported solid results for the third-quarter. The company reported revenue of $127.1 million...