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SecureWorks Has Limited Upside, KeyBanc Says After Q4 Print
Thursday, March 28, 2019 - 10:23am | 343SecureWorks Corp (NASDAQ: SCWX) achieved better-than-anticipated profitability in the fourth quarter, but revenue results reported Wednesday were mixed, and the company announced in-line revenue with disappointing EPS guidance, according to KeyBanc Capital Markets. The Analyst KeyBanc's Rob...
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KeyBanc Ups DocuSign Price Target On Q4 Beat, Customer Scale
Friday, March 15, 2019 - 3:20pm | 374DocuSign Inc (NASDAQ: DOCU) reported fourth-quarter results Thursday that were ahead of expectations. The company delivered strong growth and continues to extend its lead in the e-signature and system of agreement segments, according to KeyBanc Capital Markets. The Analyst KeyBanc Capital Markets...
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Box Guidance Miss: What Wall Street Thinks
Thursday, February 28, 2019 - 12:16pm | 463Box Inc (NYSE: BOX) shares crashed 20 percent Thursday after the company reported its fourth-quarter earnings. Box reported $163.7 million in revenue for the fourth quarter, missing consensus analyst estimates of $164.2 million. Box also fell short with its first-quarter guidance, calling for...
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The Street Reacts To Palo Alto Hitting New Highs
Wednesday, February 27, 2019 - 1:58pm | 556Cybersecurity company Palo Alto Networks Inc (NYSE: PANW) reported a top- and bottom-line beat in its fiscal second-quarter results, sending shares to new highs. Here is a summary of how some of the Street's top analysts reacted to the print. Guggenheim: Strong Quarter Palo Alto's report...
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Should FireEye Investors Buy The Dip?
Thursday, February 7, 2019 - 2:57pm | 540Cybersecurity company FireEye Inc (NASDAQ: FEYE) reported fourth-quarter results that came in better than expected but management's cautious outlook prompted a sell-off in the stock. Shares were trading lower by 12 percent at $16.14. Here is a summary of how some of the Street's top...
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ServiceNow Soars After Strong Quarter
Thursday, January 31, 2019 - 3:02pm | 355ServiceNow Inc (NYSE: NOW) reported better-than-expected fourth-quarter earnings and strong billings growth, sending shares to a record high. KeyBanc Capital Markets analyst Rob Owens reiterated an Overweight rating on ServiceNow and increased the price target from $210 to $250. Oppenheimer analyst...
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DocuSign's Era Of 'Modest Market Acceptance' Is Over, KeyBanc Says In Bullish Initiation
Monday, January 28, 2019 - 1:59pm | 347The bullish case for Docusign Inc (NASDAQ: DOCU), a provider of electronic signature technology and digital transaction management services that went public in 2018, can now be made after years of "modest market acceptance," according to KeyBanc. The Analyst KeyBanc Capital...
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Dropbox Trades Higher Following Encouraging Q3 Earnings Print
Friday, November 9, 2018 - 1:53pm | 395Dropbox Inc (NASDAQ: DBX) reported Thursday a top-and-bottom-line beat in its third-quarter release. Speaking to CNBC, Dropbox CEO Drew Houston said the company can continue thriving as there is no shortage of people or companies with content that require a collaborative effort. The Analysts JMP...
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Sell-Side Analysts Laud FireEye's Transformation
Wednesday, October 31, 2018 - 3:29pm | 704Cybersecurity company FireEye Inc (NASDAQ: FEYE) reported Tuesday after the close with forecast-beating third-quarter results and issued above-consensus guidance for the full year. The Analysts UBS analyst Fatima Boolani maintained a Neutral on FireEye with a $17 price target....
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Goldman Sachs, KeyBanc Turn Bullish On Proofpoint
Monday, October 29, 2018 - 2:42pm | 457Enterprise security company Proofpoint Inc (NASDAQ: PFPT) reported last week its third-quarter earnings, which resulted in a sell-off. At least two Street analysts are recommending investors to buy the dip. The Analysts KeyBanc Capital Markets' Rob Owens upgraded Proofpoint from Sector Weight...
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KeyBanc Continues To Identify Potential For Further Upside In Okta
Friday, September 7, 2018 - 10:12am | 307Integrated identity and mobility management company Okta Inc (NASDAQ: OKTA) on Thursday reported forecasting-beating results for its fiscal-year 2019 second quarter. The company issued upbeat guidance for the third quarter and fiscal year 2019. The Analyst Reviewing the results, KeyBanc Capital...
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The Street Debates Box: Buy The Dip Or Expect More Declines?
Wednesday, August 29, 2018 - 3:14pm | 649Cloud storage provider Box Inc (NYSE: BOX) reported Tuesday its second-quarter results, which showed multiple concerning metrics, including a slowdown in billings growth and a slightly weak outlook for the third quarter. The Analyst KeyBanc Capital Markets' Rob Owens maintains an Overweight...
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Apptio Hit With KeyBanc Downgrade: 'We Believe The Stock Is Now Fully Valued'
Tuesday, July 10, 2018 - 11:25am | 426Apptio Inc (NASDAQ: APTI) shares have performed well over the past year thanks to the company's proven ability to improve deployment times and grow its value offering, according to KeyBanc Capital Markets. The Analyst Analyst Rob Owens downgraded Apptio from Overweight to...
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Investors Underappreciate Imperva's Restructuring Efforts, Product Strategy, KeyBanc Says In Upgrade
Tuesday, July 10, 2018 - 10:50am | 320The restructuring initiatives that cybersecurity company Imperva Inc (NASDAQ: IMPV) announced in January could bring more benefits than anticipated, according to KeyBanc Capital Markets. The Analyst Analyst Rob Owens upgraded Imperva from Sector Weight from Overweight with a $65 price target...
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KeyBanc Out Bullish On Avast, Highlights Multibillion-Dollar Addressable Cybersecurity Market
Wednesday, June 20, 2018 - 10:21am | 351London-listed Avast PLC is a consumer-focused cybersecurity software company that boasts 435 million users globally and is trading at an attractive valuation given the size of the market it addresses, according to KeyBanc Capital Markets. The Analyst Analyst Rob Owens initiated...