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BofA: Atlassian's 'Best-Of-Breed Business Model' Overshadowed By Fair Valuation
Wednesday, May 30, 2018 - 4:30pm | 394Read More...Atlassian Corporation PLC (NASDAQ: TEAM) boasts a "best-of-breed" business model, but the stock's valuation is priced close to its fair value, according to Bank of America Merrill Lynch. The Analyst BofA's Nikolay Beliov initiated coverage of Atlassian with a Neutral...
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8x8's Surprise Q4 Loss Triggers BofA Merrill Lynch Downgrade, Plunge In Share Price
Friday, May 25, 2018 - 11:49am | 446Read More...8x8, Inc. (NYSE: EGHT) — a provider of cloud phone, meeting collaboration and contact center solutions — reported Thursday afternoon with fourth-quarter results that fell short of expectations and prompted Bank of America Merrill Lynch to drop its bullish stance. The...
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UPDATE: Bank Of America Downgrades FleetMatics After A Deep Dive
Thursday, November 13, 2014 - 10:02am | 208Read More...In a report published Thursday, Bank of America analyst Nikolay Beliov downgraded the rating on FleetMatics Group PLC (NYSE: FLTX) from Buy to Neutral, but reiterated the $40.00 price target. In the report, Bank of America noted, “We are downgrading FleetMatic's (FLTX) shares while maintaining our...
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Bank Of America: Five9 Could Distrupt Call Center Tech Market
Friday, November 7, 2014 - 5:19pm | 227Read More...Five9 Inc's (NASDAQ: FIVN) 25 percent revenue growth and cloud-based call center services could gain a significant slice of a $20 billion market, an analyst said Friday. Five9 soared more than 23 percent to $5.08 Friday after beating third-quarter expectations with an adjusted loss of $0.15...
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UPDATE: Bank Of America Reiterates On Five9 On Disappointing Guidance, Intact Thesis
Tuesday, August 5, 2014 - 10:04am | 206Read More...In a report published Tuesday, Bank of America analyst Nikolay Beliov reiterated a Buy rating on Five9 (NASDAQ: FIVN), but lowered the price target from $10.00 to $8.50. In the report, Bank of America noted, “The stock is down -24% in the after-market after FIVN reported in-line 2Q results and...
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UPDATE: Bank of America Reiterates on Symantec Following Termination of Steve Bennett
Friday, March 21, 2014 - 8:09am | 170Read More...In a report published Friday, Bank of America analyst Nikolay Beliov reiterated an Underperform rating on Symantec (NASDAQ: SYMC), but lowered the price target from $18.00 to $17.00. In the report, Bank of America noted, “The company terminated Steve Bennett as President and CEO and appointed...
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UPDATE: Bank of America Reiterates on Symantec as 5/30 Plan is Unlikely to Succeed
Tuesday, March 11, 2014 - 10:18am | 178Read More...In a report published Tuesday, Bank of America analyst Nikolay Beliov reiterated an Underperform rating on Symantec (NASDAQ: SYMC), but lowered the price target from $21.00 to $18.00. In the report, Bank of America noted, “Our ‘Myth Busters' series attempts to cut through common misperceptions on...
