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Morgan Stanley Expects Good September Quarter Results For Garmin Ltd.
Monday, October 27, 2014 - 8:17am | 91In a report published Monday, Morgan Stanley analyst James E. Faucette reiterated an Underweight rating and $45.00 price target on Garmin Ltd. (NASDAQ: GRMN). In the report, Morgan Stanley noted, “We expect good September quarter results and a strong 4Q outlook on strong retailer support. We...
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Riverbed Technology Deal Seen Early In 2015
Saturday, October 25, 2014 - 10:28am | 247Riverbed Technology, Inc. (NASDAQ: RVBD) recent results are a sideshow to the short-term story of a pending bid to acquire the company, an analyst said Friday. While fundamentals for Riverbed have deteriorated, "they haven't fallen off a cliff," Lake Street's Eric Martinuzzi said. "If any bid is...
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UPDATE: Morgan Stanley Reiterates On Aruba Networks On Anticipated Good October Quarter
Tuesday, October 14, 2014 - 9:37am | 91In a report published Tuesday, Morgan Stanley analyst James E. Faucette reiterated an Equal-Weight rating on Aruba Networks (NASDAQ: ARUN), and named a $22.00 price target. In the report, Morgan Stanley noted, “Our channel checks on ARUN suggest the company is setting up for a good Oct. qtr. With a...
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UPDATE: Morgan Stanley Reiterates On F5 Networks On FQ4 Preview
Tuesday, October 14, 2014 - 8:52am | 88In a report published Tuesday, Morgan Stanley analyst James E. Faucette reiterated an Equal-Weight rating on F5 Networks (NASDAQ: FFIV), and named a $113.00 price target. In the report, Morgan Stanley noted, “Checks indicated slow summer months after a strong June quarter, but with activity picking...
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UPDATE: Morgan Stanley Reiterates On Garmin Ltd. On Diminished Upside Potential
Friday, October 3, 2014 - 8:52am | 99In a report published Friday, Morgan Stanley analyst James E. Faucette reiterated an Underweight rating on Garmin Ltd. (NASDAQ: GRMN), but lowered the price target from $53.00 to $45.00. In the report, Morgan Stanley noted, “The revenue and earnings growth of the Fitness segment is likely to slow...
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Morgan Stanley Remains Circumspect On BlackBerry Ltd
Thursday, September 25, 2014 - 8:30am | 83In a report published Thursday, Morgan Stanley analyst James E. Faucette reiterated an Equal-Weight rating on BlackBerry Ltd (NASDAQ: BBRY). In the report, Morgan Stanley noted, “At the Passport launch, an affable CEO John Chen made the case that the Passport (a device we judge to be destined for a...
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UPDATE: Morgan Stanley Initiates Coverage On Ruckus Wireless Inc On Market Overestimation
Monday, September 15, 2014 - 7:38am | 85In a report published Monday, Morgan Stanley analyst James E. Faucette initiated coverage on Ruckus Wireless Inc (NYSE: RKUS) with an Underweight rating and $13.00 price target. In the report, Morgan Stanley noted, “Ruckus has been able to gain substantial share in the WiFi market through...
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Morgan Stanley Sees Stiffer-Than-Expected Fall Competition From Nike For Garmin Ltd.
Friday, September 5, 2014 - 10:16am | 75In a report published Friday, Morgan Stanley analyst James E. Faucette reiterated an Underweight rating on Garmin Ltd. (NASDAQ: GRMN), but removed the $53.00 price target. In the report, Morgan Stanley noted, “Nike [is] likely to stay active in fitness band market a bit longer than expected, which...
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UPDATE: Morgan Stanley Reiterates On Mavenir Systems Inc As VoLTE Momentum Builds
Friday, September 5, 2014 - 9:40am | 121In a report published Friday, Morgan Stanley analyst James E. Faucette reiterated an Overweight rating on Mavenir Systems Inc (NYSE: MVNR), but lowered the price target from $20.00 to $14.00. In the report, Morgan Stanley noted, “The migration of services to 4G LTE over the next several years...
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Morgan Stanley Sees Juniper Networks As Well-Positioned Among Early Adopters Of SDN
Tuesday, September 2, 2014 - 7:49am | 89In a report published Tuesday, Morgan Stanley analyst James E. Faucette reiterated an Equal-Weight rating on Juniper Networks (NYSE: JNPR). In the report, Morgan Stanley noted, “Our investor meeting with JNPR reinforced views that SDN is in early stages and early adopters are those with the most...
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UPDATE: Morgan Stanley Reiterates On Cisco Systems Following Global Sales Conference
Friday, August 29, 2014 - 8:44am | 140In a report published Friday, Morgan Stanley analyst James E. Faucette reiterated an Overweight rating on Cisco Systems (NASDAQ: CSCO), but removed the $30.00 price target. In the report, Morgan Stanley noted, “While we expect Cisco will continue to work through service provider spending pauses and...
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UPDATE: Morgan Stanley Reiterates On MobileIron On Increased Confidence
Friday, August 29, 2014 - 8:14am | 155In a report published Friday, Morgan Stanley analyst James E. Faucette reiterated an Overweight rating on MobileIron (NASDAQ: MOBL), but removed the $13.00 price target. In the report, Morgan Stanley noted, “As part of VMworld, we met with AirWatch cofounder Alan Dabbierre, who is now overseeing...
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Morgan Stanley Has Positive Outlook For A10 Networks
Thursday, August 28, 2014 - 8:17am | 128In a report published Thursday, Morgan Stanley analyst James E. Faucette reiterated an Equal-Weight rating on A10 Networks (NYSE: ATEN). In the report, Morgan Stanley noted, “ADC market remains healthy as it increasingly becomes a platform for additional functionality. Recently published Dell'Oro...
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Morgan Stanley Believes Orders And Enterprise Growth Look Compelling For Cisco Systems
Thursday, August 14, 2014 - 11:07am | 146In a report published Thursday, Morgan Stanley analyst James E. Faucette reiterated an Overweight rating and $30.00 price target on Cisco Systems (NASDAQ: CSCO). In the report, Morgan Stanley noted, “Cicso reported strong growth in enterprise and response to its newest products continues to build....
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Morgan Stanley Sees Muted Near-Term Expectations For QUALCOMM
Thursday, July 24, 2014 - 11:28am | 193In a report published Thursday, Morgan Stanley analyst James E. Faucette reiterated an Equal-Weight rating on QUALCOMM (NASDAQ: QCOM). In the report, Morgan Stanley noted, “Management reported that it now expects a negative outcome from the China's NDRC (National Development and Reform Commission...