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Wunderlich On Cybersecurity: Positive On Symantec And 2 Others, But Neutral On FireEye, Imperva
Tuesday, September 13, 2016 - 3:11pm | 499In a series of new notes out this week, Wunderlich analyst Bill Choi updated his outlook on several top cybersecurity stocks. Here’s an overview of what he had to say about each. Buy-Rated Stocks Symantec Corporation (NASDAQ: SYMC): Choi upgraded the stock from Hold to Buy and raised the firm...
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Symantec Attempting To Transition From Bulky Backup Company To Next-Gen Security Provider
Tuesday, September 13, 2016 - 1:27pm | 365Wunderlich Securities thinks Symantec Corporation (NASDAQ: SYMC) has spent more money in the last few years on transforming itself to next-generation security provider. Earlier, the company was restricted to backup and bulky legacy security. Analysts Bill Choi and Ryan MacDonald believe the...
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MobileIron Downgraded At Wunderlich On Competitive Pressures
Tuesday, September 13, 2016 - 11:19am | 355Wunderlich’s Bill Choi believes Mobileiron Inc (NASDAQ: MOBL) shifting its purchasing patterns from perpetual licenses to term subscription, along with continued competitive pressures, would make it difficult for the company to outperform via consistent execution. Choi downgraded the rating...