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Why Nimble Storage, Pure Storage Are In Free Fall
Friday, November 20, 2015 - 12:13pm | 782Shares of Nimble Storage Inc (NYSE: NMBL) lost nearly 50 percent on Friday, hitting a new 52-week low of $10.30. Nimble Storage reported a weaker-than-expected third quarter print and issued a downbeat outlook. Wall Street analysts were mostly negative on Nimble Storage, sending...
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35 Stock Ideas Oppenheimer Analysts Love Right Now
Saturday, October 17, 2015 - 10:11pm | 1463Oppenheimer just released its 35 top stock ideas for October and November. Here’s a rundown of the full list with analyst commentary included. 1. Turtle Beach Corp (NASDAQ: HEAR) Analyst Sean McGowan sees two drivers of the stock: the “resurgence in video games” and the rollout of...
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Radware Downgraded At Oppenheimer; Stock Needs Stability And Better Execution
Tuesday, October 6, 2015 - 10:49am | 310Shares of Radware Ltd. (NASDAQ: RDWR) have declined almost 41 percent year-to-date, hitting a low of $15.85 on September 29. Oppenheimer’s Ittai Kidron has downgraded Radware from Outperform to Perform. The company has pre-announced that there could be a meaningful miss for 3Q15....
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Play The Age Of Software Analytics And Get 20% Upside
Thursday, September 10, 2015 - 11:26am | 275New Relic Inc (NYSE: NEWR) shares are up 12 percent since June 11, although they plunged 4 percent since August 11. Oppenheimer analyst Ittai Kidron initiated coverage of the company with an Outperform rating and a price target of $42. Strong growth and large TAM opportunities should...
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What's Coming For Cisco? The Street Weighs In
Saturday, August 1, 2015 - 9:30am | 344Cisco Systems, Inc. (NASDAQ: CSCO) is scheduled to announce its fourth-quarter and full year financial results on August 12, after the market closes. According to Estimize, the Street is modeling consensus earnings of $0.56 per share on revenue of $12.663 billion, marginally up from the EPS of $0...
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Box An 'Attractive Takeout Candidate' For Microsoft, Google, IBM, Cisco & Other Vendors
Tuesday, July 7, 2015 - 9:20am | 251In a report published Tuesday, Oppenheimer analyst Ittai Kidron initiated coverage of Box Inc (NYSE: BOX) with a Perform rating. The analyst believes that the company has the potential to be an attractive M&A candidate. "The company has grown quickly, benefiting from favorable trends such as...
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UPDATE: Oppenheimer Upgrades Radware As Tides Are Turning
Monday, January 5, 2015 - 9:59am | 155In a report published Monday, Oppenheimer analyst Ittai Kidron upgraded the rating on Radware Ltd. (NASDAQ: RDWR) from Perform to Underperform, and named a $26.00 price target. In the report, Oppenheimer noted, “We're upgrading Radware to Outperform from Perform and setting a $26 price target. Over...
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UPDATE: Oppenheimer Upgrades Nokia Corporation (ADR)
Monday, September 15, 2014 - 9:36am | 131In a note published Monday morning, Oppenheimer analyst Ittai Kidron upgraded shares of Nokia Corporation (ADR) (NYSE: NOK) to Outperform and set a $12 price target. Kidron commented, "We believe Nokia is executing well and could sustain better than expected profits, while HERE and IPR...
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EMC Analysts Not Expecting A Spinoff
Monday, July 21, 2014 - 2:13pm | 395EMC Corp (NYSE: EMC) is in the news Monday as Elliot Management Corp. is pushing to have the data firm spinoff its VMWare (NYSE: VMW) computer-server software division. Elliot Management owns nearly 80 percent of VMWare. Analysts covering EMC agree a spinoff would not be beneficial to EMC....
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UPDATE: Oppenheimer Upgrades Aruba Networks, Could Be 'Buyers Ahead Of Earnings'
Friday, May 2, 2014 - 11:50am | 203In a report published Friday, Oppenheimer analyst Ittai Kidron upgraded Aruba Networks (NASDAQ: ARUN) from Perform to Outperform and set a $24.00 price target on continued strength and potential upside. Kidron remarked on “encouraging” April and July quarter checks, noting “incrementally stronger...
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UPDATE: Oppenheimer Initiates Coverage on CommVault Systems on Near-Term Potential Headwinds
Wednesday, December 4, 2013 - 8:55am | 151In a report published Wednesday, Oppenheimer analyst Ittai Kidron initiated coverage on CommVault Systems (NASDAQ: CVLT) with a Perform rating. In the report, Oppenheimer noted, “We're initiating coverage of backup and recovery software specialist CommVault with a Perform rating. We're attracted...
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UPDATE: Oppenheimer Reiterates on Cisco Systems on Near-Term Weakness, Positive Long-Term View
Thursday, November 14, 2013 - 12:14pm | 157In a report published Thursday, Oppenheimer analyst Ittai Kidron reiterated an Outperform rating on Cisco Systems (NASDAQ: CSCO), but lowered the price target from $27.00 to $24.00. In the report, Oppenheimer noted, “While we anticipated soft Federal spending and slowed emerging markets, the...
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Oppenheimer Reiterates on Aruba Networks as Strong Checks Bode Well
Wednesday, October 30, 2013 - 10:40am | 156In a report published Wednesday, Oppenheimer analyst Ittai Kidron reiterated a Perform rating on Aruba Networks (NASDAQ: ARUN). In the report, Oppenheimer noted, “We expect a strong quarter/outlook from Aruba and see a buying opportunity ahead of 1Q-FY14 results. Our checks are the strongest we've...
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UPDATE: Oppenheimer Upgrades Allot Communications Following 2Q13 EPS Report
Wednesday, August 7, 2013 - 11:15am | 161In a report published Wednesday, Oppenheimer analyst Ittai Kidron upgraded Allot Communications (NASDAQ: ALLT) from Perform to Outperform, and named an $18.00 price target. In the report, Oppenheimer noted, “We're upgrading Allot to Outperform from Perform and setting an $18 price target....
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UPDATE: Oppenheimer Upgrades Riverbed on More Favorable Risk/Reward
Monday, August 5, 2013 - 8:54am | 180In a report published Monday, Oppenheimer analyst Ittai Kidron upgraded Riverbed (NASDAQ: RVBD) from Perform to Outperform, and named a $20.00 price target. In the report, Oppenheimer noted, “We're upgrading Riverbed to Outperform from Perform and setting a price target of $20. While we...