Edward Parker

Nutanix Inc (NASDAQ: NTNX) shares plummeted over 7 percent at one point during Thursday’s after-hours session following a third-quarter earnings miss. The company announced Q4 EPS guidance below consensus estimates despite sales guidance that beat expectations.  Shares of Nutanix were...

Apple Inc. (NASDAQ: AAPL) is reportedly looking to prevent Western Digital Corp (NASDAQ: WDC) from acquiring Toshiba Corp's chip business by threatening not to buy its products, Reuters reported last week. Apple currently uses Toshiba's NAND flash memory chips for its iPhone and is afraid...

Following its attendance of Proofpoint Inc (NASDAQ: PFPT)'s analyst Day, BTIG clarified that the company may no longer be a one-trick pony. As such, the firm reiterated its Buy rating and its $110 price target on the shares of the company. Clarifying their view, analysts Joel Fishbein and...

Shares of Nutanix Inc (NASDAQ: NTNX) opened higher by more than 7 percent Friday after the company's earnings report impressed many investors. However, it didn't win over BTIG's Edward Parker. Parker maintains a Neutral rating on Nutanix's stock with a $22 price target as the earnings report does...

Western Digital Corp (NASDAQ: WDC) reported a solid beat for the fourth quarter on Thursday, with EPS coming in at $2.93 and $4.84 billion in sales compared to the Street’s estimated $2.81 EPS and $4.81 billion in sales. The company also issued Q1 EPS guidance of $3.25–3.35 compared to...

BTIG analyst Edward Parker believes Western Digital Corp's (NASDAQ: WDC) story is no longer price about, it is about culture. “While much of the daily drama seems moot if WD successfully wins injunctive relief to maintain the status quo, i.e. stop Toshiba’s [Toshiba Corp (USA...

Cloud computing software company Nutanix Inc (NASDAQ: NTNX) has been in the news recently after Google parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) announced Wednesday a partnership with the former. On the news, Nutanix shares jumped over 9 percent on Wednesday. Improving Story Close on...

Red Hat Inc (NYSE: RHT) reported first-quarter non-GAAP net income of $0.56 Tuesday after the market close. The figures came in $0.06 higher than the $0.50 per share in the year-ago period, and the top line grew 19 percent to $677 million. Both metrics were ahead of the consensus estimates. The...

VMware, Inc. (NYSE: VMW) has been a standout performer for more than a year, according to BTIG.  The IT company reported  first-quarter results after the close Thursday. VMware is "clearly executing well, navigating the initial chapters of the Dell deal nicely, showing promising...

Commenting on salesforce.com, inc. (NYSE: CRM)'s first-quarter results, BTIG said the sum is worth more than the parts for the company. Clear Line To $20 Billion Revenues Analysts Joel Fishbein, Edward Parker and Abhinav Kapur noted that the company continues to deliver on its broadening platform...

Following the release of first-quarter results by Tableau Software Inc (NYSE: DATA), BTIG said it is getting comfortable with the story. As investors gain more comfort with bookings quality, the firm thinks the multiple will expand, as in the case of other subscription transition stories in...

BTIG said in a note released Friday Western Digital Corp (NASDAQ: WDC) should have a good 2017. Analyst Edward Parker premised his prognostication of a good year on the following: Expectations of NAND bit supply at the low end of the 35–45 percent target as 3D takes it time to yield. Stable...

Splunk Inc (NASDAQ: SPLK) and Tableau Software Inc (NYSE: DATA) may both have a central role to play in the data and cloud infrastructure business in the long-term. BTIG analyst Edward Parker has initiated both stocks with a Buy rating and says each stock brings something unique to the table for...

An IDC report describes the “global datasphere” as the total of data created, captured, and replicated, which is distinctive not only for its unprecedented size but for its rapid evolution.” BTIG's Edward Parker explained in a report that while data is driving many successful...

Although sluggish demand for enterprise storage and intensifying competitive pressures may continue to impact NetApp Inc. (NASDAQ: NTAP)'s performance, the current consensus estimates seem to be underestimating the EPS upside from cost reduction, BTIG’s Edward Parker said in a report, while...