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Splunk's Beat-And-Raise Q1: The Sell-Side Reacts
Friday, May 25, 2018 - 4:44pm | 756Read More...Splunk Inc (NASDAQ: SPLK) reported Thursday with a first-quarter non-GAAP loss per share of 7 cents on revenue of $311.6 million, up 37 percent year-over-year. The results exceeded consensus expectations, which called for a loss of 9 cents on revenue of $297.67 million. The revenue guidance...
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JMP: 4 Reasons To Like Apptio Shares At These Levels
Monday, November 27, 2017 - 2:12pm | 375Read More...Apptio Inc (NASDAQ: APTI)'s stock gained 40 percent during its first day of trading in 2016 to close at $22.55, but the stock lost all momentum over the subsequent months. Shares of Apptio fell near $10 per share in April 2017 before rebounding and recently breaching the IPO closing price....
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The Surprising Segment That Drove The Upside In Akamai's Q3 Beat
Wednesday, October 25, 2017 - 12:00pm | 586Read More...Shares of Akamai Technologies, Inc. (NASDAQ: AKAM) were trading higher by more than 5 percent Wednesday after the company reported an impressive third quarter earnings report, turning some analysts incrementally bullish. Deutsche Bank's Vijay Bhagavath maintains a Buy rating on Akamai's...
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Billings, Box Inc's Key Metric, Were Up 31% In An Impressive Q1
Thursday, June 1, 2017 - 11:29am | 423Read More...Analysts at JMP maintain a bullish stance on Box Inc (NYSE: BOX) after the company reported its first-quarter results, in which revenue and earnings per share came in better than Wall Street expected. JMP's Greg McDowell commented in a research report that Box's billings in the quarter rose...
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Stepping Back From IBM's Weak Quarter, 'Big Blue' Is Still An Attractive Risk-Reward
Wednesday, April 19, 2017 - 12:23pm | 347Read More...Shares of International Business Machines Corp. (NYSE: IBM) were trading lower by more than 5 percent after the company's first quarter earnings report. Investors shouldn't be unfazed by the selloff, at least according to JMP Securities' Greg McDowell. McDowell maintained a Market...
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JMP Says Buy Splunk Shares Ahead Of Q3 Print
Thursday, November 12, 2015 - 5:49pm | 319Read More...Splunk Inc (NASDAQ: SPLK) is scheduled to announce its third-quarter financial results after the market closes next Thursday. According to Estimize, the Street is expecting to see flat year-over-year earnings. JMP analysts Greg McDowell and Rishi Jaluria reiterated a Market Outperform...
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Splunk Buys Caspida, Wall Street Reacts Positively
Friday, July 10, 2015 - 8:58am | 337Read More...Splunk Inc (NASDAQ: SPLK) on Thursday announced it acquired Caspida, a cybersecurity and threat detection company for $190 million, $127 million of which will be in cash and $63 million in restricted common stock. Here are how some of Wall Street's top analysts reacted to the acquisition...
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JMP Securities Sees Reasons For Long-Term Optimism For Progress Software
Thursday, April 2, 2015 - 9:59am | 216Read More...In a report published Thursday, JMP Securities analyst Greg McDowell reiterated a Market Perform rating on Progress Software Corporation (NASDAQ: PRGS). In the report, JMP Securities noted, "We maintain our Market Perform rating on Progress Software after the company reported 1Q15 non-GAAP revenue...
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UPDATE: JMP Securities Downgrades Nice-Systems As Risk/Return Trade-Off Is Balanced
Tuesday, March 24, 2015 - 7:39am | 238Read More...In a report published Tuesday, JMP Securities analyst Greg McDowell downgraded the rating on Nice-Systems Ltd. (ADR) (NASDAQ: NICE) from Market Outperform to Market Perform, and removed the $58.00 price target. In the report, JMP Securities noted, "We are downgrading NICE Systems to Market Perform...
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Red Hat Stands Out To JMP Following Investor Meetings
Monday, February 23, 2015 - 4:59pm | 255Read More...In a company update report Monday, JMP analyst Greg McDowell continues to hold Red Hat Inc (NYSE: RHT) in high regard after investor meetings in Los Angeles. McDowell reiterated a Market Outperform rating along with a $77 price target for the software company. Highlighting multiple positive...
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UPDATE: JMP Securities Resumes Coverage On Akamai Technologies
Monday, November 17, 2014 - 10:59am | 127Read More...In a note released Monday morning, JMP analyst Greg McDowell resumed coverage of Akamai Technologies, Inc. (NASDAQ: AKAM) with a Market Perform rating. McDowell Commented, "Akamai is the undisputed leader in the Content Delivery Network market and we believe it is successfully transforming itself...
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UPDATE: JMP Downgrades Teradata
Monday, June 23, 2014 - 9:27am | 132Read More...In Monday's morning summary, JMP analyst Greg McDowell downgraded shares of Teradata (NYSE: TDC) from Market Outperform to Market Perform and removed the $63 price target. McDowell explained that after attending a number of conferences with alternative data platforms, he is increasingly...
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UPDATE: JMP Securities Downgrades TIBCO Software Following Negative 2Q Results
Wednesday, June 4, 2014 - 10:20am | 245Read More...In a report published Wednesday, JMP Securities analyst Greg McDowell downgraded the rating on TIBCO Software (NASDAQ: TIBX) from Market Outperform to Market Perform, and removed the $26.00 price target. In the report, JMP Securities noted, “We are downgrading TIBCO Software from Market Outperform...
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UPDATE: JMP Securities Reiterates On Splunk Ahead Of Q1 Earnings Report
Tuesday, May 20, 2014 - 8:14am | 228Read More...In a report published Tuesday, JMP Securities analyst Greg McDowell reiterated a Market Outperform rating on Splunk (NASDAQ: SPLK), but lowered the price target from $110.00 to $66.00. In the report, JMP Securities noted, “We maintain our Market Outperform rating on Splunk but decrease our price...
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JMP Securities Initiated Coverage on Chelsea Therapeutics and SolarWinds
Thursday, December 19, 2013 - 4:58pm | 278Read More...JMP Securities initiated coverage on Chelsea Therapeutics International (NASDAQ: CHTP) and SolarWinds (NYSE: SWI) with a Market Outperform rating in JMP's morning note published Thursday. Analyst Jason Butler initiated coverage on Chelsea Therapeutics with a Market Outperform rating and $8.00...
