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Fortinet and NetSuite to Open Near 52-Week Highs
Monday, June 27, 2011 - 8:42am | 293Fortinet (NASDAQ: FTNT) and NetSuite (NYSE: N) reached new 52-week highs of $26.26 and $38.13 per share, respectively, in Friday's trading session. Fortinet, which recently partnered with Indian tech firm Sify (NASDAQ: SIFY), has been speculated about as a takeover target for a company such as...
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Citi Comments On CHKP Q1, Sees Headroom To PT
Thursday, April 14, 2011 - 8:53am | 135Citi is commenting on CheckPoint Software Technologies' (NASDAQ: CHKP) Q1 results. “CheckPoint reported total revenue of $281M, ahead of our $277M with the upside driven by annuity revenue (software updates, maintenance and services),” Citi writes. “Product revenue of $105M was in line with our...
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UPDATE: Citi Color On CHKP Target Increase
Monday, April 11, 2011 - 8:07am | 123Citi, which raised its PT on shares of CheckPoint Software Technologies Ltd. (NASDAQ: CHKP), is providing some color on the stock. “The company does not have a history of increasing annual guidance in Q1 and while we expect the low-end of range could creep higher, we'd expect a material increase...