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Cybersecurity Firm Fortinet Takes 'Step In Right Direction': 7 Analysts Deep Dive Into Q4 Print
Wednesday, February 7, 2024 - 12:39pm | 752Shares of Fortinet Inc (NASDAQ: FTNT) climbed in premarket trading on Wednesday, after the cybersecurity company reported better-than-expected fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Piper Sandler analyst Rob...
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Atlassian Performs Despite Macro Headwinds: 4 Analysts On Q4 Print, Outlook
Friday, August 4, 2023 - 10:55am | 465Shares of Atlassian Corp (NASDAQ: TEAM) surged in early trading on Friday, after the company reported upbeat results for its fiscal fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Mizuho Securities analyst Michael...
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For Symantec, The Equifax Breach Bump May Be Overdone
Monday, October 9, 2017 - 9:32am | 563Cowen downgraded shares of Symantec Corporation (NASDAQ: SYMC) Monday based on the rationale that the 11-percent spike in the company's shares since last month's disclosure of Equifax Inc. (NYSE: EFX) breach is overdone. Equifax was at the receiving end in September, when it was revealed that...
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Time To Start Subscribing To The Autodesk Growth Story
Friday, August 25, 2017 - 3:01pm | 470Autodesk, Inc. (NASDAQ: ADSK) reported a second-quarter non-GAAP loss of 11 cents per share on revenues of $502 million, down 9 percent. The results were ahead of the consensus estimates, which called for a loss of 23 cents per share on revenues of $470 million. Subscription plan subscriptions...
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Red Hat Shares Up Following Cowen Upgrade: Risk/Reward Looks 'Compelling Again'
Thursday, February 4, 2016 - 3:48pm | 320Shares of Red Hat Inc (NYSE: RHT) were trading up about 0.8 percent on Thursday afternoon, after Cowen upgraded its rating on the stock from Market Perform to Outperform. The firm set an $86.00 price target on the shares as well. The experts argued that the risk/reward profile is once...