FBN Securities

Shares of Palo Alto Networks (NYSE: PANW) saw a strong increase in share price Wednesday following an upbeat earnings report after hours Tuesday. Several analysts commented on the company following earnings Wednesday: Deutsche Bank - Reiterated Buy Rating; raised price target to $100....

Momentum in a number of recent high flyers continued Monday, likely on the heels of some new bullish coverage from FBN Securities. Shebly Seyrafi initiated coverage on "six key technology share gainers." Seyrafi highlighted strong growth levels for key segments in each company's...

Shares of GoPro Inc (NASDAQ: GPRO) are experiencing a strong appreciation in share price Monday following bullish coverage on the stock from FBN Securities. Analysts at the firm placed an Outperform rating and $70 price target on shares of GoPro. Shebly Seyrafi of FBN Securities highlighted...

Analysts at FBN Securities initiated coverage on Ubiquiti Networks Inc (NASDAQ: UBNT) with an Outperform rating and $55 price target. Shebly Seyrafi stated, “The company uses a unique, engineering-focused business model to sell products such as WLAN, routers, (recently) switches, and...

Analysts at FBN Securities initiated coverage on Nimble Storage Inc (NYSE: NMBL) with an Outperform rating and $35 price target. Analysts see upside in shares of Nimble Storage for several reasons: Nimble Storages’ Cache Accelerated Sequential Layout offers greater performance and...

In a note published Monday morning, FBN Securities analyst Shelby Seyrafi initiated coverage on SanDisk Corporation (NASDAQ: SNDK) with an Outperform rating and a $120 price target. Seyrafi commented, "SNDK is estimated to have roughly a 20 percent share of the estimated $30 billion NAND...

Article has since been updated (at about 3:08 p.m. EDT): FBN Securities Offers Insight Into GoPro Inc Coverage Analysts at FBN Securities initiated coverage on GoPro Inc (NASDAQ: GPRO) with an Outperform rating and $70 price target. Analysts highlight reasons for the initiation: Best-of-...

In a note published Monday morning, FBN Securities analyst Shebly Seyrafi initiated coverage on Tesla Motors Inc (NASDAQ: TSLA) with an Outperform rating and a $325 price target. Seyrafi's Buy rating for Tesla, like many, is based on the future growth opportunities of the company. She noted...

Shares of Pandora Media, Inc. (NYSE: P) tumbled more than six percent following the company's release of April 2014 audience metrics. In a press release on Tuesday, Pandora announced that listener hours for April increased 30 percent to $1.70 billion, from the same period last year. Share of...

Yelp (NYSE: YELP) on Wednesday reported first quarter 2014 financial results. In the press release, Yelp CEO Jeremy Stoppelman commented, "We had a great start to the year and are excited about the large opportunity ahead of us. Yelp is becoming the gold standard in local search. In the first...

LinkedIn (NYSE: LNKD) will report first quarter 2014 results on Thursday after the close. Company's Expectations LinkedIn expects first quarter revenue to be within $455-$460 million. The company expects to see $106- $108 million in adjusted EBITDA. LinkedIn expects FY14 revenue of $2.02- $2....

On Monday, FBN Securities initiated coverage on FireEye (NASDAQ: FEYE) with an Outperform rating and $65 price target. Analyst Shebly Seyrafi views the recent decline as a buying opportunity, as the selloff was caused by a broader market selloff of high momentum stocks and the March 19 lockup...

In a report released Monday, Shebly Seyrafi of FBN Securities announced a price target increase for Palo Alto Networks (NYSE: PANW) from $65 to $90. The report attributes a ramp-up of the company's PA-7050 120Gpbs products and Wildfire business as key factors to the increase, "Wildfire, which can...