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Cisco's Sell-Side Roundup: The Good And Bad In Q3, And What's Next
Friday, May 19, 2017 - 7:46am | 739Cisco Systems, Inc. (NASDAQ: CSCO)'s fiscal third-quarter earnings report and fourth-quarter guidance was alarming enough for investors to send the stock lower by more than 7 percent Thursday. Here is a summary of what some of Wall Street's most notable analysts are saying after the report...
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For Cisco, The Environment Was Tougher Than Expected In Q2
Thursday, May 18, 2017 - 10:07am | 375Shares of Cisco Systems, Inc. (NASDAQ: CSCO) plunged more than 7 percent after its earnings report confirmed the legacy tech company is operating in a tougher-than-expected environment. Wunderlich's Matthew Robison maintains a Hold rating on Cisco's stock with an unchanged $30 price target as Cisco...
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Aerohive Could Break Even In The Next 2 Quarters; Wunderlich Upgrades To Buy
Thursday, May 4, 2017 - 12:27pm | 338Aerohive Networks Inc (NYSE: HIVE), a $200 million designer and developer of a cloud-managed mobile networking platform, saw its stock gain more than 8 percent on Thursday after the company reported a better-than-expected first-quarter report. Following the earnings report, Matthew Robison of...
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Cisco Set To Report Q2 Results: How To Manage Your Expectations
Tuesday, February 14, 2017 - 10:18am | 361Cisco Systems, Inc. (NASDAQ: CSCO) is set to report its second-quarter financial results Wednesday amid low expectations from the Street. Wunderlich, which has a Hold rating on the stock, sees in-line results for the period, during which the service provider volumes faced tough comparisons. Analyst...
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The Art Of The Deal: Cisco Nabs AppDynamics Just Before IPO
Wednesday, January 25, 2017 - 12:32pm | 869AppDynamics was prepping for an initial public offering, but the company now has different plans. AppDynamics sells an enterprise-grade application intelligence software platform that enables enterprises to accelerate a digital transformation. Cisco Systems, Inc. (NASDAQ: CSCO) announced it has...
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Cisco May Have Captured A Unicorn In AppDynamics
Wednesday, January 25, 2017 - 9:55am | 434Wunderlich believes Cisco Systems, Inc. (NASDAQ: CSCO) may have captured a unicorn in its $3.7 billion purchase of AppDynamics, which helps businesses identify and fix bugs in their applications. AppDynamics would boost Cisco’s security products and the company’s ability to scale...
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Airgain Catches Blowback From LeEco Controversy; Wunderlich Downgrades
Wednesday, December 14, 2016 - 3:36pm | 397Airgain Inc (NASDAQ: AIRG) shares plunged more than 17 percent after Wunderlich downgraded the stock to Hold from Buy as prospects for continued demand from top customer LeEco became unclear with LeEco trading halted since last week. LeEco's Influence “[W]e require more clarity regarding...
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Low Expectations Ahead Of Cisco's Q1 Results
Tuesday, November 15, 2016 - 9:42am | 340With Cisco Systems, Inc. (NASDAQ: CSCO) scheduled to report its FQ1 2017 results on Thursday, Wunderlich’s Matthew Robison expects expectations to have been set low. Robison maintained a Hold rating on the company, with a price target of $27. Low Guidance Cisco has guided to non-GAAP...
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Airgain Downgraded At Wunderlich As Shares Trade Above PT
Wednesday, September 21, 2016 - 8:59am | 320Wunderlich downgraded Airgain Inc (NASDAQ: AIRG) to Hold from Buy, as the shares are trading above its price target of $14. Airgain, a provider of embedded antenna technologies, reported second-quarter net income attributable to common stockholders of $700,428, or $0.15 a share, versus net loss of...
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Wunderlich Initiates Airgain At Buy, Positive On Industry Tailwinds
Tuesday, September 6, 2016 - 10:08am | 480Wunderlich Securities is bullish on Airgain Inc (NASDAQ: AIRG) as it started the coverage with a Buy rating and target price of $14, implying a potential return of 21 percent. Airgain is focusing on broader realm of IoT (Internet of Things) including residential gateways, connectivity peripherals,...
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Why Wunderlich Is Selling ViaSat Despite Acknowledging Its Long-Term Success
Monday, May 23, 2016 - 1:58pm | 604Wunderlich maintains its Sell rating and $48 price target on ViaSat, Inc. (NASDAQ: VSAT) ahead of the company's fourth-quarter financial results on May 24. Shares of ViaSat have gained 17 percent this year on potential aviation market share gains with American Airlines Group Inc (NASDAQ: AAL) and...
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Early Wall Street Reactions To Cisco's Impressive Earnings
Thursday, August 13, 2015 - 9:46am | 483Cisco Systems, Inc. (NASDAQ: CSCO) reported better-than-expected fourth-quarter results after Wednesday's market close. Shares were up more than 4 percent shortly after Thursday's opening bell. Several analysts offered an early analysis of the print. William Blair: Strong Quarter...
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Analysts Comment On Cisco Ahead Of Earnings
Wednesday, May 14, 2014 - 3:13pm | 566Cisco (NASDAQ: CSCO) reports third quarter results on Wednesday after the market-close. Analysts estimate third quarter EPS of $0.48 and revenue of $11.38 billion. The company's earnings conference call is expected to start at 4:30 p.m. (ET). Analysts Comment On Cisco SunTrust analyst Inder...
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UPDATE: Wunderlich Securities Maintains On Riverbed Technology Following Activist Shareholder Filing
Tuesday, November 19, 2013 - 9:12am | 155In a report published Tuesday, Wunderlich Securities analyst Matthew Robison maintained a Hold rating on Riverbed Technology (NASDAQ: RVBD) and raised the price target from $17.00 to $18.00. In the report, Wunderlich Securities says "Monday, for the first time in 5+ years, Riverbed Technology (...
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UPDATE: Wunderlich Securities Maintains On Brocade Despite Industry Headwinds
Tuesday, November 19, 2013 - 9:07am | 124In a report published Tuesday, Wunderlich Securities analyst Matthew Robison maintained a Buy rating on Brocade (NASDAQ: BRCD) and maintained a price target of $9.50. In the report, Wunderlich Securities says "Brocade (BRCD) reported another good earnings performance with guidance that was largely...