FBN

While some analysts are viewing the recent first-quarter miss on deliveries figures for Tesla Motors Inc (NASDAQ: TSLA) as indicative of future downside for the company, FBN analyst Shebly Seyrafi countered that argument, saying the miss was "meaningless." "Last night, TSLA announced that it...

Splunk Inc (NASDAQ: SPLK) fell sharply Friday despite beating first quarter estimates and multiple love notes from Wall Street analysts. The analytics software company traded down more than 4 percent recently at $67.76. The sell-off was sparked by concern that Splunk's billings growth...

Martha Stewart Living Omnimedia, Inc. (NYSE: MSO) is cruising in Southeast Asia for merchandising deals and will soon announce a partner there, an analyst said Friday. FBN's Robert Routh believes the company's first international deal is imminent and that it may be followed with a...

Splunk Inc (NASDAQ: SPLK) beat Q3 revenue estimates Thursday and the stock was up 3.97 percent to $67.52 on Friday. Below are highlights from analysts after the news, along with current ratings and price targets. Morgan Stanley - Overweight, $82 price target “A deeper dive into...

Salesforce.com, Inc. (NYSE: CRM) shares fell Thursday on a disappointing outlook but an analyst said the company's 28 percent increase offers a clear look at its potential. The San Francisco-based customer relationship management company traded recently at $59.07, down 3 percent. FBN'...

FireEye Inc (NASDAQ: FEYE) released Q3 financial results Tuesday with mixed results. Analysts responded to the news as the stock fell 20 percent Wednesday. Thursday, shares traded at 30.04, up 3.16 percent. Below are analyst comments on the Q3 results along with current ratings and price...

Western Digital Corp (NASDAQ: WDC) released its earnings report Tuesday. Analysts were still largely bullish on the stock as the company beat expectations, but saw net income fall. Below are analysts comments on the company along with current ratings and price targets. Deutsche Bank - Buy...

In a note out Monday morning, FBN Analyst Shebly Seyrafi kept his Outperform rating on Amazon.com, Inc. (NASDAQ: AMZN) following earnings, but lowered his price target to $350 from $400. The large decline in international CSOI (to -8.9 percent from -1.4 percent in FQ2 and -1.2 percent a year...

In a note out Monday, FBN Analyst Shebly Seyrafi retained his Sector Perform rating and $21 price target on Riverbed Technology, Inc. (NASDAQ: RVBD). Some of the positives: "1) RVBD's SteelCentral Performance Management (which includes OPNET) revenue grew 21% as thissegment has grown...

EBay Inc (NASDAQ: EBAY) and its PayPal unit each face rising headwinds and might attract buyout artists and activist shareholders, an analyst said Thursday. But "worse is better" in the view of Deutsche Bank's Ross Sandler, who said once the PayPal spin off is completed in the...

Riverbed Technology, Inc. (NASDAQ: RVBD) traded higher Thursday on news that it would undertake a comprehensive review of strategic options.  This was welcome news to activist investor Elliot Management. Jesse Cohn, portfolio manager at Elliott Management, commended “the Board for...

PayPal's pending spin-off as a stand-alone company will leave it faced with an increasingly competitive landscape for online payment services, according to an analyst who maintained a Hold rating Tuesday on parent company eBay Inc (NASDAQ: EBAY). Amazon.com, Inc.'s (NASDAQ: AMZN) recent launch into...

Shares of Rackspace (NYSE: RAX) jumped higher after the company reported a 50 percent EPS beat and strong forward guidance. Tuesday, analysts from FBN, JMP, Pacific Crest and Raymond James gave their opinions of the results. FBN: Maintains Underperform Rating, Lowers Price Target to $30 FBN...