FBN Securities

Speaking to Benzinga, FBN Securities Managing Director of Technology & Internet Research Shebly Seyrafi said he expects the Amazon.com, Inc. (NASDAQ: AMZN) earnings report to show continued good growth in North America and other areas, including Amazon Web Services. Seyrafi is also looking...

In a report published Wednesday, FBN Securities analyst Shebly Seyrafi reiterated an Outperform rating on FireEye Inc (NASDAQ: FEYE), but lowered the price target from $50.00 to $45.00. In the report, FBN Securities noted, “We retain our Outperform rating on FEYE and lower our PT from $50 to $45....

FBN Securities lowered its price target on Google Inc (NASDAQ: GOOG) from $750 to $650 in a report issued Monday. The firm maintained an Outperform rating. Analyst Shebly Sayrafi made the change in response to the company missing “consensus revenue and EPS driven primarily by a...

Analysts reactions to Twitter Inc's (NYSE: TWTR) third quarter results on Monday have been generally mixed. Shebly Seyrafi of FBN Securities' reaction was mostly positive, noting that management's fourth quarter guidance is merely "conservative" and the market's response in punishing shares is an...

Seagate Technology PLC (NASDAQ: STX) beat Q1 FY 2015 earnings expectations Monday. The company reported revenue of $3.79 billion and EPS of $1.34, above estimates of $3.63 billion and $1.24. Below are some highlights from analysts after the earnings announcement along with current ratings and...

FBN Securities reiterated its Outperform rating on NetSuite Inc (NYSE: N) and raised its price target from $115 to $125 in a report issued Sunday after the company strong billing growth. "FQ3 revenue & EPS beat, with accelerating trends in subscription revenue (35 percent Y/Y growth),...

In a note released Monday, FBN analyst Shebly Seyrafi reiterated an Outperform rating and $75 price target on Citrix Systems, Inc. (NASDAQ: CTXS). Seyrafi began by noting all segments, other than products and license, grew and beat consensus estimates for the third quarter. The company was also...

In a report published Monday, FBN Securities analyst Shebly Seyrafi reiterated an Outperform rating on ServiceNow (NYSE: NOW), and raised the price target from $80.00 to $85.00. In the report, FBN Securities noted, “We reiterate our Outperform rating on NOW and raise our PT from $80 to $85. The...

On Monday, FBN Securities maintained the Outperform rating on shares of Amazon.com, Inc. (NASDAQ: AMZN) and lowered the price target from $400 to $350. Shebly Seyrafi finds that Amazon’s media segment continues to exhibit slower growth and a large decline in international CSOI was a...

In a report published Monday, FBN Securities analyst Shebly Seyrafi reiterated an Outperform rating on Pandora Media Inc (NYSE: P), but lowered the price target from $35.00 to $30.00. In the report, FBN Securities noted, “We reiterate our Outperform rating on P and lower our PT from $35 to $30. We...

FBN Securities issued a research note on EMC Corporation (NYSE: EMC) Wednesday and saw the recent pullback as a buying opportunity. The firm reiterated its Outperform rating and $33 price target. Analyst Shebly Seyrafi noted that the pullback creates a buying opportunity because EMC is "...

On Thursday, analysts at FBN Securities initiated coverage on Microsoft Corporation (NASDAQ: MSFT) with an Outperform rating and $55 price target. Shebly Seyrafi highlighted reasons for the initiation: Microsoft continues to have a valuable franchise with Microsoft Office, and the...

In a note Monday morning, FBN Securities analyst Shebly Seyrafi maintained his Outperform rating and upped his price target on shares of GoPro Inc (NASDAQ: GPRO) from $70 to $90. This follows the announcement Monday of the new HERO4 and entry level HERO capture devices by GoPro. Seyrafi feels...