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UPDATE: Barclays Initiates Coverage On CyberArk Software
Monday, October 20, 2014 - 11:03am | 109In a note released Monday, Barclays analyst Saket Kalia initiated coverage of CyberArk Software Ltd (NASDAQ: CYBR) with an Equal-weight rating and a $32 price target. Kalia commented, "CYBR is a leader in the privileged account security space, with a thorough, well-integrated, and...
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UPDATE: Barclays Upgrades Tibco Software Inc. On Acquisition News
Tuesday, September 30, 2014 - 12:26pm | 153Barclays upgraded Tibco Software Inc. (NASDAQ: TIBX) from Underperform to Equal-Weight and raised the price target from $19 to $24. Analysts Raimo Lenschow and Saket Kalia upgraded the rating due to news that the software company will be acquired by Vista Equity Partners at $24 per share for $4...
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UPDATE: Barclays Upgrades Autodesk
Thursday, July 10, 2014 - 9:20am | 103In a report released Thursday, Barclays analyst Saket Kalia upgraded Autodesk (NASDAQ: ADSK) from Equal-weight to Overweight with a price target of $65 by December 2015. Analyst at Barclays focused on Autodesk's subscription model transition contributing to the company's growth by...
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UPDATE: J.P. Morgan Downgrades Monotype Imaging Holdings on Valuation, Solid Fundamentals
Friday, November 1, 2013 - 8:56am | 122In a report published Friday, J.P. Morgan analyst Saket Kalia downgraded the rating on Monotype Imaging Holdings (NASDAQ: TYPE) from Overweight to Neutral, but raised the price target from $28.50 to $30.00. In the report, J.P. Morgan noted, “We are downgrading TYPE to Neutral from Overweight, as...
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Fortinet Posts Strong Earnings, JP Morgan Ups Price Target (FTNT)
Friday, July 23, 2010 - 8:59am | 154Fortinet (NASDAQ: FTNT) posted Billings/Revenue/ Non-GAAP EPS of $90.3M/$76.3M/$0.11 compared to JP Morgan's estimates of $82M/$72.5M/$0.09 and consensus of $72.6M/$0.09. Fortinet is a provider of network security solutions. Fortinet mentioned that it is seeing larger deals. It had 18 deals over $...
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J.P. Morgan Likes Cadence Design Systems (CDNS) Deal
Thursday, May 13, 2010 - 10:59am | 203J.P. Morgan analysts Sterling Auty, Saket Kalia, Lauren Ye and Siddharth Jain released an alert for one of the companies that it covers when Cadence Design Systems, Inc. (Nasdaq: CDNS) that it was acquiring Denali Software. The analysts maintained their Overweight rating for shares of Cadence...