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Cyberark Spikes 18% Following Merger Chatter; Oppenheimer Assigns 'Low Probability' On Transaction
Wednesday, January 13, 2016 - 10:11am | 283Shares of Cyberark Software Ltd (NASDAQ: CYBR) surged higher by nearly 20 percent early Wednesday morning following a report that the company is a potential acquisition target. Haaretz, an Israeli-based publication, reported that Check Point Software Technologies Ltd. (NASDAQ: CHKP) is in talks...
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These Two Analysts Remain Bullish On Verint Following Its Q3 Print
Friday, December 4, 2015 - 12:26pm | 489Shares of Verint Systems Inc. (NASDAQ: VRNT) plunged more than 10 percent on Thursday after the company's third quarter print fell short of Wall Street's expectations. Verint said it earned $0.78 per share in the third quarter on revenue of $284.1 million, short of the $0.79 per...
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35 Stock Ideas Oppenheimer Analysts Love Right Now
Saturday, October 17, 2015 - 10:11pm | 1463Oppenheimer just released its 35 top stock ideas for October and November. Here’s a rundown of the full list with analyst commentary included. 1. Turtle Beach Corp (NASDAQ: HEAR) Analyst Sean McGowan sees two drivers of the stock: the “resurgence in video games” and the rollout of...
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Oppenheimer Upgrades FireEye On 'Clearer Path To Profitability'
Wednesday, July 29, 2015 - 8:47am | 263In a report published Wednesday, Oppenheimer analyst Shaul Eyal upgraded the rating on FireEye Inc (NASDAQ: FEYE) from Perform to Outperform, with a price target of $58, based on the company's long-term plan, "clearer path to profitability" and positive Q2 channel checks....
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Small-Cap Software Provider Comverse Expected To Report Considerable Growth
Saturday, June 13, 2015 - 8:08am | 344Small-cap software provider Comverse Inc (NASDAQ: CNSI) is scheduled to announce its first quarter financial results before the market opens on Monday, and analysts are modeling an 80 percent year-over-year decrease in the company’s loss. In the first quarter of 2014, the company...
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Splunk Expected To Report Slight EPS Growth On Considerable Revenue Increase
Wednesday, May 27, 2015 - 5:08pm | 380Shares of Splunk Inc (NASDAQ: SPLK) surged more than 1.3 percent on Wednesday, ahead of the announcement of the company’s first quarter (fiscal 2016) financial results, scheduled for after the market closes on Thursday. According to Estimize, expectations point towards a slight year-over-...
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Check Out Oppenheimer's Take On Software, Cybersecurity
Tuesday, April 14, 2015 - 11:58am | 537Cybersecurity, big data and cloud computing have become increasingly "mission critical" to customers who will support strong results from infrastructure software companies, an analyst said Tuesday. Oppenheimer's Shaul Eyal expects a raft of companies in the sector to post first-...
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Wall Street Still Likes Palo Alto Networks
Thursday, April 2, 2015 - 9:16am | 584Palo Alto Networks Inc (NYSE: PANW) unveiled two innovations just before their hallmark two-day Ignite conference in Las Vegas. The corporate and government cyber security company announced that they will be expanding mobile cyber security measures and threat intelligence services. On March 31...
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Analysts On Palo Alto Networks: 'More Wood To Be Chopped'
Tuesday, March 3, 2015 - 3:10pm | 337Palo Alto Networks Inc (NYSE: PANW) is likely to continue to gain market share while a higher proportion of revenue from existing customers should result in wider margins, analysts said Tuesday. The California-based network security company beat fourth-quarter expectations Monday and at least...
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UPDATE: Oppenheimer Initiates Coverage On CyberArk Software Ltd On Bullish Stance
Monday, October 20, 2014 - 9:46am | 154In a report published Monday, Oppenheimer analyst Shaul Eyal initiated coverage on CyberArk Software Ltd (NASDAQ: CYBR) with an Outperform rating and $38.00 price target. In the report, Oppenheimer noted, “We initiate coverage of CYBR, a leading provider of privileged account management solutions,...
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UPDATE: Oppenheimer Reiterates On Palo Alto Networks As Checks Indicate Solid Close To FY14
Tuesday, September 2, 2014 - 9:55am | 131In a report published Tuesday, Oppenheimer analyst Shaul Eyal reiterated an Overweight rating on Palo Alto Networks (NYSE: PANW), and raised the price target from $80.00 to $90.00. In the report, Oppenheimer noted, “We are raising our PT to $90 from $80 following a round of late-Q checks (25 VARs...
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Nuance Goes Higher As Bullish Analysts Chime In Following Rumor
Tuesday, June 17, 2014 - 3:05pm | 228Nuance Communications (NASDAQ: NUAN) shares continue to trade up Tuesday after analysts gave credence to a report that the voice-powered technology company may be acquired by Samsung Electronics and private equity investors. Nuance changed hands recently at $19.21 a share, up 2.37 percent after...
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UPDATE: Oppenheimer Upgrades Amdocs, Safe-Haven Investment Vehicle in Uncertain Market
Thursday, January 30, 2014 - 11:56am | 126In a report published Thusday Morning, Oppenheimer analyst, Shaul Eyal upgrades Amdocs Ltd (NYSE: DOX) from Perform to Outperform, also setting a price target of $47. The report highlights their reason for the upgrade including F1Q results exceeding expectations, good cash-flow generation, and...
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UPDATE: Oppenheimer Initiates Coverage on Splunk on Multiple Positive Factors
Wednesday, December 4, 2013 - 12:14pm | 158In a report published Wednesday, Oppenheimer analyst Shaul Eyal initiated coverage on Splunk (NASDAQ: SPLK) with an Outperform rating and $80.00 price target. In the report, Oppenheimer noted, “We are initiating coverage of SPLUNK (SPLK), a rapidly growing big data player in a large potential...
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UPDATE: Oppenheimer Initiates Splunk On Recent Rapid Growth
Wednesday, December 4, 2013 - 8:01am | 157In a report published Tuesday, Oppenheimer analyst Shaul Eyal initiated an Outperform rating on Splunk (NASDAQ: SPLK) and set a price target of $80.00. In the report, Oppenheimer says "We are initiating coverage of SPLUNK (SPLK), a rapidly growing big data player in a large potential market, with...