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Raymond James: Palo Alto Networks Continues To Gain Share
Monday, November 26, 2018 - 5:09pm | 351Read More...Palo Alto Networks Inc (NYSE: PANW) is moving higher after an analyst reiterated optimism heading into the company’s first-quarter earnings report, scheduled for Thursday. The Analyst Raymond James analyst Michael Turits reiterated an Outperform rating. The Thesis With no major changes...
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The Street Reaction To Splunk's Q2
Friday, August 24, 2018 - 1:16pm | 808Read More...Splunk Inc (NASDAQ: SPLK) reported Thursday its second-quarter results, which consisted of a top-and-bottom-line beat and encouraging guidance. Here's a summary of how some of the Street's top analysts reacted to the print. The Analysts Morgan Stanley's Melissa Franchi maintains an...
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Raymond James Downgrades Red Hat Ahead Of Q1 Print
Tuesday, June 19, 2018 - 2:28pm | 349Read More...Heading into Thursday's earnings report, investors should no longer be bullish on Red Hat Inc (NYSE: RHT), according to Raymond James. The Analyst Raymond James' Michael Turits downgraded Red Hat from Outperform to Market Perform with no assigned price target (prior price target of $166)....
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Is Wall Street Loving Microsoft's Q4 As Much As The Market Is?
Friday, January 29, 2016 - 2:32pm | 373Read More...Microsoft Corporation (NASDAQ: MSFT) shares are up 5.4 percent in Friday’s session after a Q4 earnings report that certainly pleased the market. Was the report good enough to change Wall Street’s mind? Here’s what five top firms have to say. Raymond James Analyst Michael Turits...
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Microsoft The Long-Term Winner In Cloud? This Analyst Thinks So
Monday, November 30, 2015 - 10:33am | 314Read More...Shares of Microsoft Corporation (NASDAQ: MSFT) are up 16 percent year-to-date, and are trading close to their 52-week high of $54.98. Raymond James’ Michael Turits upgraded the rating on the company from Market Perform to Strong Buy, with a price target of $62. Microsoft is expected...
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Red Hat's Fiscal Q1 Outperformance Boosts Shares, Approved By Analysts
Thursday, June 19, 2014 - 4:54pm | 228Read More...Red Hat's (NYSE: RHT) fiscal first-quarter outperformance moved the shares 3.7 percent higher Thursday while engendering broad approval from analysts. During the quarter Red Hat "fired on all cylinders" Raymond James' Michael Turits said in a note maintaining an Outperform rating and target of $63...
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Is Satya Nadella The Right CEO For Microsoft?
Tuesday, February 4, 2014 - 3:38pm | 624Read More...Microsoft (NASDAQ: MSFT) has officially announced that Satya Nadella has replaced Steve Ballmer as CEO. The news follows a number of reports claiming that Nadella would receive the job. Up until now, Nadella was the Executive VP of Microsoft's Cloud and Enterprise group. His CEO appointment is...
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Raymond James Reiterates Market Perform on Microsoft Ahead of FQ14 Earnings Release Next Week
Friday, October 18, 2013 - 12:09pm | 214Read More...In a report published Friday, Raymond James analyst Michael Turits reiterated a Market Perform rating on Microsoft Corporation (NASDAQ: MSFT). In the report, Raymond James noted, “We reiterate our Market Perform rating ahead of Microsoft's F1Q14 earnings release on Thursday, Oct. 24.. We are...
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Raymond James Reiterates Market Perform Rating on Red Hat Following F2Q Billings Miss
Tuesday, September 24, 2013 - 10:11am | 182Read More...In a report published Tuesday, Raymond James analyst Michael Turits reiterated a Market Perform rating on Red Hat (NYSE: RHT). In the report, Raymond James noted, “We reiterate our Market Perform rating on RHT following a F2Q that slightly beat revenue and EPS but fell well short of the billings...
