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CyberArk 'More Broadly Adopted As Security,' Morgan Stanley Says
Thursday, September 27, 2018 - 12:34pm | 298Security software company CyberArk Software Ltd. (NASDAQ: CYBR) has developed software to eliminate cyber threats within financial, retail and healthcare services. The Analyst Morgan Stanley's Melissa Franchi upgraded CyberArk from Equal-Weight to Overweight and raised the price target...
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Proofpoint Continues To Execute At A High Level
Friday, April 21, 2017 - 9:50am | 426Bill Choi of Wunderlich maintains a Buy rating and $93 price target on Proofpoint Inc (NASDAQ: PFPT)'s stock after the company reported a better-than-expected first quarter report. Q1 In Review Proofpoint's reported revenue of $113.3 million came in ahead of consensus estimates by $110.6 million...
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A Roundup Of Cybersecurity Performance To End 2016
Friday, February 10, 2017 - 3:49pm | 601Earnings season for the major cybersecurity companies has come to an end. Here is a roundup of how the companies performed in the most recent quarter. FireEye FireEye Inc (NASDAQ: FEYE) lost three cents per share in the fourth quarter on revenue of $184.7 million. Wall Street analysts were...
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FireEye's Q3 Is All About These 2 Things
Thursday, November 3, 2016 - 2:24pm | 351FireEye Inc (NASDAQ: FEYE) is scheduled to report its third-quarter results after Thursday's market close. FireEye's peer Cyberark Software Ltd (NASDAQ: CYBR) impressed the Street with its strong results for the third quarter, but the stock's 5 percent gain on Thursday isn't boosting Fireye's stock...
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Fortinet Spikes Higher On Q1 Top- And Bottom-Line Beat
Wednesday, April 27, 2016 - 9:56am | 287Shares of Fortinet Inc (NASDAQ: FTNT) spiked higher by more than 7 percent Wednesday morning after the company reported its first-quarter results. Fortinet said it earned $0.12 per share in the first quarter on revenue of $284.6 million. Wall Street analysts were expecting the company to earn $0.09...
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Cybersecurity In Focus As Cyberark Tumbles, FireEye Ticks Higher
Friday, February 12, 2016 - 9:28am | 378Shares of Cyberark Software Ltd (NASDAQ: CYBR) were trading lower by nearly 12 percent early Friday morning, while FireEye Inc (NASDAQ: FEYE)'s stock was higher by around 3 percent. Cyberark Reports Q4 Beat, Weak Guidance Cyberark reported its fourth quarter results on Thursday. The...
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Rumor: FireEye Targeted By Cisco, But Similar Past Reports Have Come Up Empty
Tuesday, February 2, 2016 - 11:42am | 182Shares of FireEye Inc (NASDAQ: FEYE) were trading lower by more than 3 percent on Tuesday, but quickly erased nearly all losses and was trading higher by more than 3 percent following unconfirmed market chatter that the company is being eyed as an acquisition target by Cisco Systems, Inc. (NASDAQ:...
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Investors Unimpressed With FireEye's Acquisition Announcement
Tuesday, February 2, 2016 - 11:15am | 223Shares of FireEye Inc (NASDAQ: FEYE) were trading lower by more than 4 percent after Tuesday's market open despite the company's announcement that it has acquired Invotas International Corporation. FireEye reported on Monday afternoon that it acquired Invotas, a provider of security...
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Fortinet Surges Following Q4 Report, New Buyback Announcement
Friday, January 29, 2016 - 11:51am | 314Shares of Fortinet Inc (NASDAQ: FTNT) were trading higher by 7 percent an hour after Friday's opening bell. Fortinet reported its fourth quarter results after Thursday's market close. The company earned $0.18 per share in the quarter on revenue of $296.5 million. Wall Street analysts...
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CyberArk Lower After CEO Hints He Has No Interest In Being Acquired By Check Point Software
Wednesday, January 27, 2016 - 2:24pm | 188Shares of Cyberark Software Ltd (NASDAQ: CYBR) were trading lower by more than 2 percent early Wednesday afternoon after the company's CEO Udi Mokady hinted he is not interested in being acquired by rival Check Point Software Technologies Ltd. (NASDAQ: CHKP). Rumors surfaced on January 13...
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Vetr Top Raters Downgrade Cyberark To 3-Star Stock
Friday, January 22, 2016 - 12:25pm | 130Despite the fact that shares of Cyberark Software Ltd (NASDAQ: CYBR) have gained more than 5 percent since the start of 2016 and more than 30 percent over the past year, the Vetr crowd downgraded the stock's rating to 3-stars out of a possible 5-star rating. Shares of Cyberark Software have fallen...
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The Cyber Security Market Is Still Strong (In Case You Forgot)
Wednesday, June 17, 2015 - 1:04pm | 390A new report by Bank of America analyst Tal Liani focuses on the latest numbers from the cybersecurity space and discusses Bank of America’s outlook for several of the major cybersecurity players. The report also includes several price target hikes for cybersecurity stocks. The Numbers...