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CyberArk's Top-Line Growth Could Outpace The Market, Says Barclays
Tuesday, July 5, 2016 - 10:53am | 320Read More...Barclays analyst Saket Kalia has upgraded Cyberark Software Ltd (NASDAQ: CYBR) to Overweight from Equal Weight. The analyst also lifted the price objective to $60 from $44, saying he liked the PAM market for the long term. He also liked the second half of the current year's outlook. The brokerage...
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Barclays Not Worried About Palo Alto's Guidance Miss
Friday, May 27, 2016 - 7:40am | 262Read More...Palo Alto Networks Inc (NYSE: PANW) reported its 3Q16 results, with 61 percent year-on-year billings growth, while issuing its Q4 guidance below consensus. Barclays’ Saket Kalia maintained an Overweight rating on the company, with a price target of $184. Kalia believes “the...
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Take A Closer Look At Autodesk's Key Subscriber Adds
Friday, May 20, 2016 - 5:38pm | 325Read More...Autodesk, Inc. (NASDAQ: ADSK) reported its first quarter results on Thursday. In spite of an earnings beat, shares traded down more than 2.5 percent on Friday, driven by the below-consensus EPS and sales guidance. Analysts at Barclays remain optimistic in the company’s transition story,...
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Barclays On FireEye: Exec Shuffle Lowers Any Acquisition Premium In Stock
Friday, May 6, 2016 - 3:07pm | 326Read More...Barclays said the recent executive shuffle at FireEye Inc (NASDAQ: FEYE) "lowers any acquisition premium in the stock," which plunged 19 percent after the cybersecurity firm said Chief Executive David DeWalt would step down on June 15 and be succeeded by President Kevin Mandia. FireEye also...
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FireEye Target Cut At Credit Suisse, 45% Upside Still Predicted
Friday, February 12, 2016 - 11:26am | 246Read More...FireEye Inc (NASDAQ: FEYE) shares have plummeted 70.51 percent over the past six months, trading almost at their 52 week low on February 8, at $11.96 Barclays’ Saket Kalia has maintained an Equal-weight rating on the company, while lowering the price target from $21 to $18. The...
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FireEye Investors Respond To M&A And Guidance, But Is The Street Convinced?
Thursday, January 21, 2016 - 12:29pm | 741Read More...On Wednesday, FireEye Inc. (NASDAQ: FEYE) released preliminary 4Q15 earnings and announced that it will acquire iSight Partners for $200 million in cash. "This acquisition extends FireEye's intelligence lead with an offering no one else in the industry can match," FireEye CEO...
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Software Pair Trade? Barclays Analyst Provides Ideas
Wednesday, January 6, 2016 - 4:43pm | 492Read More...In a report issued Wednesday, Barclays analysts led by Raimo Lenschow and Saket Kalia shared their 2016 outlook for the U.S. software industry. The experts remain positive on the industry and said cash will be king this year. They upgraded Paycom Software Inc (NYSE: PAYC) to Overweight;...
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FireEye Plunged 25%: Are Analysts Saying Now Is The Time To Buy?
Thursday, November 5, 2015 - 12:52pm | 1148Read More...Shares of FireEye Inc (NASDAQ: FEYE) plunged to a new 52-week low of $21.88 Thursday as shares lost nearly 25 percent of its value. FireEye reported a loss of $0.37 per share in its third quarter on revenue of $165.62, while analysts were looking for a loss of $0.45 per share on revenue of $...
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Rapid7: Growth At A Reasonable Price...Even For Cybersecurity Stocks?
Friday, October 9, 2015 - 9:50am | 271Read More...Rapid7 Inc (NASDAQ: RPD) shares are down 8 percent since the start of their trading in July 2015. Barclays’ Saket Kalia upgraded the rating on the company from Equal-Weight to Overweight, while maintaining the price target at $28. The company is poised to benefit from accelerating...
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Why Rapid7 Could Have More Upside For Cybersecurity Investors
Tuesday, August 11, 2015 - 12:58pm | 539Read More...Shares of Rapid7 Inc (NASDAQ: RPD), a security data and analytics provider began trading in mid-July and shares have soared nearly 54 percent from its IPO price. Several of Wall Street's leading experts initiated coverage of the issue on Tuesday. William Blair: ‘Attractive' Market Opportunity...
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FireEye's CFO Departure 'Masks Good Q3,' Barclays Says
Friday, July 31, 2015 - 8:06am | 396Read More...In a report published Friday, Barclays analyst Saket Kalia argued that the departure of FireEye Inc (NASDAQ: FEYE)'s CFO may "mask an otherwise good quarter." FireEye announced during its second-quarter results on Thursday that its CFO, Mike Sheridan, will be leaving the company...
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Barclays Says Strength In CyberArk's Q4 Carried Into Q1
Friday, May 8, 2015 - 1:50pm | 283Read More...In a report published Friday, Barclays analyst Saket Kalia commented that Cyberark Software Ltd (NASDAQ: CYBR)'s "big out-performance" fourth quarter carried into the first quarter with a 119 percent year-over-year growth in license revenue on an increasing mix of revenue from new customers and...
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How Much Is Palo Alto Networks Worth? Barclays And Nomura Differ
Tuesday, March 3, 2015 - 1:34pm | 273Read More...Two reports published Tuesday morning looked at Palo Alto Networks Inc (NYSE: PANW). Barclays analysts Raimo Lenschow and Saket Kalia rate the stock at Overweight and fix a $170 price target. Nomura's Frederick Grieb sees it as a Buy and sets the price target to $165. Barclays Barclay...
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Barclays Says It's 'Still Confident' In VMware; Here's Why
Thursday, January 29, 2015 - 1:30pm | 290Read More...In a report published Wednesday, Barclays analysts Raimo Lenschow and Saket Kalia commented on VMware, Inc. (NYSE: VMW)'s recently reported earnings. While the quarter was pretty much in-line with consensus, “consistent with other large cap names, VMware's FY15 outlook was...
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Barclays On Informatica Rumor: Takeout Candidate Investors Have To Decide Between Meaningful Growth And A Sale
Thursday, January 29, 2015 - 11:56am | 275Read More...In a report rolled out Wednesday, Barclays analysts Raimo Lenschow and Saket Kalia commented on the rumor about Paul Singer’s Elliott Associates pushing for a sale of Informatica Corporation (NASDAQ: INFA). Analysts at Wedbush already weighed in on the situation, and said that...
