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UPDATE: Stifel Downgrades F5 Networks With Confluence Of Factors Likely Impacting 2015 Growth
Thursday, January 22, 2015 - 10:19am | 113In a report published Thursday, Stifel analyst Sanjiv Wadhwani downgraded the rating on F5 Networks, Inc. (NASDAQ: FFIV) from Buy to Hold, and removed the $140.00 price target. In the report, Stifel noted, “We move to a Hold rating on F5 with the company posting lower-than-expected results for the...
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UPDATE: Stifel Reiterates On Infinera Following Investor Meetings
Monday, November 10, 2014 - 9:47am | 130In a report published Monday, Stifel analyst Sanjiv Wadhwani reiterated a Buy rating on Infinera Corp. (NASDAQ: INFN), and raised the price target from $15.00 to $17.00. In the report, Stifel noted, “The key behind the divergence in performance by Infinera and other optical companies is customer...
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Stifel Upgrades Arista Networks
Monday, November 3, 2014 - 12:18pm | 239Stifel upgraded Arista Networks Inc (NYSE: ANET) to Buy in a report issued Monday with a $95 price target. Analyst Sanjiv Wadhwani noted that "our checks show that the company continues to notch up big wins with large financial services companies. These include Barclays (an existing...
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UPDATE: Stifel Initiates Coverage On Mobile Iron On Unique Market Position
Monday, July 7, 2014 - 9:49am | 168In a report published Monday, Stifel analyst Sanjiv Wadhwani initiated coverage on Mobile Iron (NASDAQ: MOBL) with a Buy rating and $13.00 price target. In the report, Stifel noted, “We believe MobileIron is uniquely positioned to take a leading share in the Enterprise Mobility Management (EMM)...
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UPDATE: Stifel Initiates Coverage On Arista Networks On Mixed Factors
Tuesday, July 1, 2014 - 10:32am | 101In a report published Tuesday, Stifel analyst Sanjiv Wadhwani initiated coverage on Arista Networks (NYSE: ANET) with a Hold rating. In the report, Stifel noted, “While we believe that Arista has meaningful prospects in the switching market, especially with large webscale companies such as...
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Stifel Raises Cisco's PT, Cautions Current Economic Environment Could Hurt Company
Wednesday, May 21, 2014 - 8:53am | 127In a report issued Wednesday, Stifel maintained its Buy rating for Cisco Systems (NASDAQ: CSCO), while raising its target price from $25 to $28. Analyst Sanjiv Wadhwani believes that Cisco's ACI, SDN solution will give the company a great driver for the company's further success. With companies...
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UPDATE: Stifel Upgrades Infinera as 100G Demand Ramps Worldwide
Thursday, March 20, 2014 - 9:59am | 99In a report published Thursday, Stifel analyst Sanjiv Wadhwani upgraded the rating on Infinera (NASDAQ: INFN) from Hold to Buy, and named a $13.00 price target. In the report, Stifel noted, “We are upgrading shares of Infinera with a target price of $13. Post our meetings at OFC, we believe that...
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Stifel Maintains on ShoreTel
Friday, January 3, 2014 - 10:31am | 188In a report published Friday, Stifel analyst Sanjiv Wadhwani maintained a Buy rating on ShoreTel (NASDAQ: SHOR), raising its price target from $7.50 to $12.00. According to the report, the price target raise is based on 1.8x EV/2014E sales. The report further asserted that SHOR is highlighted...
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UPDATE: Stifel Initiates Coverage on Ruckus Wireless as Service Provider Wi-Fi Build Outs Drive Growth
Wednesday, November 27, 2013 - 10:15am | 82In a report published Wednesday, Stifel analyst Sanjiv Wadhwani initiated coverage on Ruckus Wireless (NYSE: RKUS) with a Buy rating and $17.00 price target. In the report, Stifel noted, “We are initiating coverage of Ruckus Wireless, Inc. with a Buy rating on the shares and a target price of $17...
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UPDATE: Stifel Initiates Coverage on Qualcomm on Market Leader Position
Tuesday, October 15, 2013 - 9:33am | 110In a report published Tuesday, Stifel analyst Sanjiv Wadhwani initiated coverage on Qualcomm (NASDAQ: QCOM) with a Buy rating and $80.00 price target. In the report, Stifel noted, “We are initiating coverage of Qualcomm Incorporated (QCOM) with a Buy rating and an $80 target price (16x P/E to our...
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UPDATE: Stifel Raises PT on Ciena Following Strong July Report, Good Fall Outlook
Thursday, September 5, 2013 - 9:12am | 121In a report published Thursday, Stifel analyst Sanjiv Wadhwani reiterated a Buy rating on Ciena Corporation (NASDAQ: CIEN), and raised the price target from $24.00 to $27.00. In the report, Stifel noted, “Ciena posted a strong July quarter and commentary and outlook for October and beyond...
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UPDATE: Stifel Nicolaus Raises PT on Cisco Systems Ahead of July Quarter Report
Monday, August 12, 2013 - 9:45am | 192In a report published Monday, Stifel Nicolaus analyst Sanjiv Wadhwani reiterated a Buy rating on Cisco Systems (NASDAQ: CSCO), and raised the price target from $28.00 to $30.00. In the report, Stifel Nicolaus noted, “Our Cisco checks have been positive this quarter. VARs we spoke with saw...
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UPDATE: Stifel Nicolaus Raises PT on Cisco Systems Following Analyst Day
Thursday, June 27, 2013 - 9:08am | 175In a report published Thursday, Stifel Nicolaus analyst Sanjiv Wadhwani reiterated a Buy rating on Cisco Systems (NASDAQ: CSCO), and raised the price target from $25.00 to $28.00. In the report, Stifel Nicolaus noted, “Our key takeaway from the analyst day at Cisco Live was the fact that the...
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UPDATE: Stifel Nicolaus Raises PT on Ciena Following Management Meetings
Friday, June 14, 2013 - 10:27am | 194In a report published Friday, Stifel Nicolaus analyst Sanjiv Wadhwani reiterated a Buy rating on Ciena (NASDAQ: CIEN), and raised the price target from $22.00 to $24.00. In the report, Stifel Nicolaus noted, “We hosted Ciena CFO Jim Moylan and SVP Corporate Communications Tom Mock at investor...
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Stifel Nicolaus Maintains Buy Rating On Juniper Networks, Inc. (JNPR)
Wednesday, April 21, 2010 - 1:03pm | 111Analysts Sanjiv Wadhwani and Christopher Casado at Stifel Nicolaus have released an update on Juniper Networks, Inc. (NYSE: JNPR). The company reported its first-quarter results on Tuesday. Juniper reported revenue of $913 million and EPS of $0.27 in the first-quarter, which were ahead of...