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Amazon-Salesforce Deal Could Top $50 Billion In Investments (If Cloud Continues Its Rise)
Thursday, May 26, 2016 - 8:19pm | 334Pacific Crest reiterated an Overweight rating and $800 price target on shares of Amazon.com, Inc. (NASDAQ: AMZN). According to analysts Brent Bracelin, Alyssa Johnson and Edward Yruma, the firm’s bull thesis on Amazon is reinforced by the fact that salesforce.com, inc. (NYSE: CRM) plans to...
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F5 Networks Downgraded By PacCrest Amid Cloud Pressures
Tuesday, May 17, 2016 - 2:54pm | 311Shares of F5 Networks, Inc. (NASDAQ: FFIV) were down more than 2 percent after Pacific Crest downgraded the stock to Sector Weight from Overweight amid cloud pressures. Apart from valuation, the brokerage said the "mix shift to subscription offerings" may partially offset a product recovery in the...
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Why These Analysts Are Bullish On Opower After Meeting With Management
Monday, August 31, 2015 - 4:37pm | 406Pacific Crest analysts Monika Garg, Brendan Barnicle and Jason Celino recently met with Opower Inc (NYSE: OPWR)’s CFO Thomas Kramer and IR director Charlie Mayer. In a report issued Sunday, they assured that the meetings affirmed their confidence on the company’s growth potential,...
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Pacific Crest Constructive On SanDisk, ARM Holdings
Monday, July 20, 2015 - 2:09pm | 461On Sunday, Pacific Crest analysts Monika Garg, Jason Celino, Michael McConnell and Hans Chung issued two reports previewing earnings for SanDisk Corporation (NASDAQ: SNDK) and ARM Holdings plc (ADR) (NASDAQ: ARMH). SanDisk SanDisk is to announce its financial results after the market closes...
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Pacific Crest On SanDisk: We Are Buyers As 'Preannouncement Issues Are Behind Us'
Tuesday, March 10, 2015 - 12:08pm | 224In a report published Monday, Pacific Crest analyst Monika Garg reiterated an Outperform rating and a $116 price target on shares of SanDisk Corporation (NASDAQ: SNDK). The firm's analysts recently met with the company's CFO Judy Bruner, its IR team and key investors, and this meeting...
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Twitter Analyst Roundup On Q3 Report
Tuesday, October 28, 2014 - 4:53pm | 1005Twitter Inc. (NYSE: TWTR) reported 3Q 2014 results Monday and disappointed many investors with lower than expected growth in Monthly Active Users (MAUs). Twitter Inc. fell sharply on the news, trading at $43.98 Tuesday afternoon, down 9.43 percent. Below are rating changes with current price...
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PacCrest Upgrades Yahoo to Outperform
Monday, January 31, 2011 - 3:02pm | 18PacCrest upgrades Yahoo (NASDAQ: YHOO) from Sector Perform to Outperform.