Edward Parker

BTIG analyst Edward Parker believes the acquisition of Nutanix Inc (NASDAQ: NTNX)-rival SimpliVity by Hewlett Packard Enterprise Co (NYSE: HPE) would intensify competition in the hyper-converged space. Privately-held SimpliVity, second only to Nutanix in the pure-play hyper-converged market, has...

Western Digital Corp (NASDAQ: WDC) raised its December quarter guidance and provided an update for its long-term model. Expressing increased confidence in the sustainability of Western Digital’s solid fundamentals, BTIG’s Edward Parker said in a report that the company should be...

Western Digital Corp (NASDAQ: WDC) is scheduled to hold its first analyst day in four years on December 6. BTIG’s Edward Parker reiterated a Buy rating on the company, with a price target of $66. What To Expect On Analyst Day “Besides providing an update on the long-term model and...

BTIG expects better-than-expected numbers from Nutanix Inc (NASDAQ: NTNX), which will report its first quarterly numbers as a public company on Tuesday. Analyst's Expectations Analyst Edward Parker sees a loss of $0.40 a share and revenue of $149 million for the first quarter, while Street expects...

BTIG’s Edward Parker started coverage of Nutanix Inc (NASDAQ: NTNX) with a Neutral rating, as he advises investors to wait for a better entry point. Nutanix is a leading provider of hyper-converged infrastructure (HCI), in which storage and computing assets are collapsed into a single tier....

BTIG said in a research note on Thursday it thinks the logic that proliferation of flash memory will spell the death of hard disk drive is flawed, although it concedes that HDDs are structurally challenged. Focus On Data Growth Analyst Edward Parker suggested that investors should move away from...

BTIG said the first-quarter results of NetApp Inc. (NASDAQ: NTAP) suggest that "double-digit product revenue declines seen for more than a year are starting to reverse," and modest growth could appear later this fiscal year. The results, which handily beat the Street's consensus, showed that the...

Seagate Technology PLC (NASDAQ: STX) has announced the preliminary results for 4Q16 above the high end of guidance, driven by increased HDD demand and significantly higher ASP. BTIG’s Edward Parker reiterated a Buy rating on the company, with a price target of $30. Results Preview Seagate...

Seagate Technology PLC (NASDAQ: STX) shares plummeted after the data storage firm's quarterly earnings missed Street view. But, BTIG's Edward Parker says the stock has "hit a floor." "The next 6-9 months put the stock deep into show-me territory, but our thesis of...

BTIG started Western Digital Corp (NASDAQ: WDC) with a Buy rating and $55 price target following its acquisition of SanDisk Corporation (NASDAQ: SNDK). Implications Of The Acquisition From the acquisition of SanDisk, Western Digital could offset the negative impact of flash chips on its hard drives...