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UPDATE: JG Capital Initiates Orbotech at Overweight on Positive Outlook
Tuesday, August 20, 2013 - 10:36am | 124In a report published Tuesday, JG Capital analyst Andrew Abrams initiated coverage on Orbotech Ltd. (NASDAQ: ORBK) with an Overweight rating and $16.20 price target. In the report, JG Capital noted, “Orbotech should see positive results from its LCD division over the next year as Chinese panel...
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UPDATE: JG Capital Upgrades VMware on Positive 2Q13 Results
Thursday, July 25, 2013 - 3:55pm | 180In a report published Thursday, JG Capital analyst Jeff Gaggin upgraded VMware (NYSE: VMW) to a rating of Overweight, and a price target of $93. In the report, JG Capital observed, “VMW reported solid results and guidance. License revs were $530M, up 3% y/y (up 5% y/y excluding Pivotal and...
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UPDATE: JG Capital Upgrades Citrix on Solid 2Q13 Results
Thursday, July 25, 2013 - 3:53pm | 123In a report published Thursday, JG Capital analyst Jeff Gaggins upgraded Citrix (NASDAQ: CTXS) to a rating of Overweight, and raised the price target to $81. In the report, JG Capital observed, “CTXS reported solid results last night driven by strength in NetScaler, which grew 46% y/y with 54...
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UPDATE: JG Capital Upgrades Citrix Systems Ahead of Q2:13 Report
Thursday, July 25, 2013 - 10:08am | 186In a report published Thursday, JG Capital analyst Jeff Gaggin upgraded Citrix Systems (NASDAQ: CTXS) from Neutral to Overweight, and named a $78.00 price target. In the report, JG Capital noted, “CTXS reports tonight and we are expecting in-line results and guidance. We believe CTXS is likely...
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UPDATE: JG Capital Initiates Coverage on Tableau Software on Large Market Opportunity
Friday, May 17, 2013 - 11:07am | 152In a report published on Friday, JG Capital analyst Jeff Gaggin initiated coverage on Tableau Software (NASDAQ: DATA) with an Overweight rating and price target of $41.00. In the report, JG Capital noted, "Forrester Research, Inc estimated that there will be 615M information workers globally in...
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UPDATE: JG Capital Downgrades Splunk to Neutral on Valuation
Monday, May 13, 2013 - 11:26am | 156In a report published Monday, JG Capital analyst Jeff Gaggin downgraded the rating on Splunk (NASDAQ: SPLK) from Buy to Neutral, but reiterated the $43.00 price target. In the report, Gaggin noted, “We are downgrading SPLK to Neutral on valuation, despite our expectations they beat our estimates...
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UPDATE: JG Capital Initiates IAC/InterActiveCorp with Overweight on Multiple Positive Factors
Wednesday, May 8, 2013 - 11:35am | 189In a report published Wednesday, JG Capital analyst Elvina Mintarno initiated coverage on IAC/InterActiveCorp (NASDAQ: IACI) with an Overweight rating and $58.00 price target. In the report, Mintarno noted, “IAC is a complex company with unrelated businesses in the core areas of search,...
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UPDATE: JG Capital Initiates Qihoo 360 at Neutral on Shrinking Margins
Monday, March 11, 2013 - 11:58am | 120In a report published Monday, JG capital initiated coverage on Qihoo 360 (NASDAQ: QIHU) with a Neutral rating and price target of $34. JG capital reported that, “We believe QIHU's search market share, which currently stands at ~13%, is likely to reach a cap this year because BIDU's search...
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UPDATE: JG Capital Raises PT to $44 on Cornerstone OnDemand on Industry Consolidation, TAM Catalysts
Thursday, March 7, 2013 - 1:18pm | 121JG Capital maintained Cornerstone OnDemand (NASDAQ: CSOD) with an Overweight rating and raised the price target to $44.00. JG Capital commented, "We are raising our PT to $44, reflecting strong demand for CSOD's SaaS-based learning, performance and recruiting apps. We continue to believe pricing...
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UPDATE: JG Capital Reiterates Overweight Rating, Raises PT on Priceline.com on Strong Q4:12 Results & Guidance
Wednesday, February 27, 2013 - 4:09pm | 169In a report published Wednesday, JG Capital reiterated its Overweight rating on Priceline.com (NASDAQ: PCLN), and raised its price target to $800.00. JG Capital noted, “For Q4:12, Sales increased 20% y/y to $1.19B, in-line with our estimate of $1.2B. Non-GAAP net income rose 26% to $349M or $6.77...
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UPDATE: JG Capital Initiates Coverage on AOL with Neutral Rating, $40 PT on Advertising Revenue Growth Rebound
Wednesday, February 20, 2013 - 12:00pm | 148In a report published Wednesday, JG Capital initiated coverage on AOL (NYSE: AOL) with a Neutral rating and $40.00 price target. JG Capital noted, “AOL has one of the most extensive online media portfolios in the market. AOL advertising revenues have grown for the past seven consecutive quarters,...
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Is TripAdvisor Sandbagging Estimates for a Huge First-Quarter Earnings Beat?
Thursday, February 14, 2013 - 4:18pm | 344TripAdvisor (NASDAQ: TRIP) reported earnings after the close Wednesday, beating on the top and bottom lines, but managed to disappoint investors on its conference call, sending shares tumbling almost 10 percent. Leading into the earnings report, JG Capital reiterated its Overweight rating on the...
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JG Capital Reiterates Overweight Rating, $50 PT on TripAdvisor Before 4Q12 Report Tonight
Wednesday, February 13, 2013 - 11:57am | 78In a report published Wednesday, JG Capital reiterated its Overweight rating and $50.00 price target on TripAdvisor (NASDAQ: TRIP). JG Capital noted, “TripAdvisor (TRIP) reports tonight and we are expecting solid results and guidance. We think TRIP is one of the best plays in the online travel...
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JG Capital Reiterates Overweight Rating, $36 PT on Cornerstone OnDemand on 4Q12 Review
Wednesday, February 13, 2013 - 11:56am | 133In a report published Wednesday, JG Capital reiterated its Overweight rating and $36.00 price target on Cornerstone OnDemand (NASDAQ: CSOD). JG Capital noted, “Cornerstone OnDemand beat and raised, driven by strong demand for their SaaS-based learning, performance and recruiting apps. We continue...
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UPDATE: JG Capital Upgrades ServiceNow to Overweight on Billings, Market Share Momentum
Thursday, January 31, 2013 - 12:13pm | 116JG Capital upgraded ServiceNow (NYSE: NOW) from Neutral to Overweight and announced a $38.00 price target. JG Capital noted, "ServiceNow (NOW) reported a strong Q4 and guided in-line with our estimates for Q1E. Mgmt guided for subscription GMs to increase to 73.5% in Q1E, reflecting increased...