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Analysts: Ubiquiti Networks In For Rough Ride
Friday, November 7, 2014 - 12:22pm | 241Ubiquiti Networks Inc (NASDAQ: UBNT) may have a rough ride from political hot spots around the globe and and the cooling economies of Europe and Asia, but a couple of analysts stuck to their guns Thursday. The San Jose company offers wireless services in undeveloped markets fell 14 percent...
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Bank Of America Sees QUALCOMM As Determined To Lower Royalties
Thursday, November 6, 2014 - 9:38am | 173In a report published Thursday, Bank of America analyst Tal Liani reiterated a Neutral rating and $85.00 price target on QUALCOMM, Inc. (NASDAQ: QCOM). In the report, Bank of America noted, “This week we met with carriers, equipment vendors and regulators in Beijing, discussing the Chinese 4G...
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UPDATE: Bank of America Lowers PT on A10 Networks Inc on Attractive Buying Opportunity
Thursday, October 9, 2014 - 8:54am | 135In a report published Thursday, Bank of America analyst Tal Liani reiterated a Buy rating on A10 Networks (NYSE: ATEN), but lowered the price target from $19.00 to $8.00. In the report, Bank of America noted, “A10 preannounced negatively 3Q14 results, with revenue expected in a range of $43-$43.5mn...
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UPDATE: Bank Of America Reiterates On F5 Networks On Positive Data Points
Tuesday, October 7, 2014 - 7:55am | 130In a report published Tuesday, Bank of America analyst Tal Liani reiterated a Neutral rating on F5 Networks (NASDAQ: FFIV), and raised the price target from $120.00 to $138.00. In the report, Bank of America noted, “The ADC market has shown positive signs this year, with YoY growth rates averaging...
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UPDATE: Bank Of America Reiterates On Palo Alto Networks Inc On Strong Revenue Growth
Wednesday, September 10, 2014 - 7:56am | 150In a report published Wednesday, Bank of America analyst Tal Liani reiterated a Neutral rating on Palo Alto Networks Inc (NYSE: PANW), and raised the price target from $85.00 to $97.00. In the report, Bank of America noted, “Revenues of $178.2mn grew 18.3% QoQ and 58.6% YoY, above our/Streets...
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Cisco's Mixed Quarter Leaves Analysts With Mixed Views
Thursday, August 14, 2014 - 12:00pm | 929Cisco (NASDAQ: CSCO) reported its fourth quarter results Wednesday. The company earned $0.55 per share, $0.02 higher than analysts expected, while revenue of $12.4 billion came in $260 million higher than expected. Shares of Cisco traded recently at $24.66, down 2.16 percent. Product revenue...
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Bank Of America Expects A Solid Quarter For Cisco Systems
Wednesday, August 13, 2014 - 9:49am | 118In a report published Wednesday, Bank of America analyst Tal Liani reiterated a Buy rating and $28.00 price target on Cisco Systems (NASDAQ: CSCO). In the report, Bank of America noted, “Cisco is scheduled to report earnings after the close today. We forecast revenue of $12.1bn, an operating margin...
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Juniper Networks Shares Drop More Than 9% Following Earnings, Bank Of America Downgrade
Wednesday, July 23, 2014 - 9:40am | 160In a noted released early Wednesday morning, Bank of America analyst Tal Liani downgraded shares of Juniper Networks (NYSE: JNPR) from Buy to Neutral following weak guidance on an otherwise solid second quarter earnings report. In conjunction with the downgrade, he lowered his price objective...
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Bank Of America Downgrades Gigamon As Shares Plummet On Negative Preliminary Q2 Results
Wednesday, July 9, 2014 - 8:38am | 189After the market close on Tuesday, Gigamon (NYSE: GIMO) announced preliminary results for the second quarter of 2014 below its previously stated guidance. Shares of Gigamon have plummeted over 30 percent in Wednesday's pre-market session on the news. In response to this, Bank of America...
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UPDATE: Bank of America Reiterates on F5 Networks Following Solid Results and Guidance
Thursday, April 24, 2014 - 9:49am | 130In a report published Thursday, Bank of America analyst Tal Liani reiterated a Neutral rating on F5 Networks (NASDAQ: FFIV), and raised the price target from $112.00 to $120.00. In the report, Bank of America noted, “F2Q revenue was $5mn or 1% ahead of expectations, EPS was 2c above due to...
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UPDATE: Bank of America Reiterates on Ubiquiti Networks on Multiple Positive Factors
Thursday, March 6, 2014 - 10:54am | 145In a report published Thursday, Bank of America analyst Tal Liani reiterated a Buy rating on Ubiquiti Networks (NASDAQ: UBNT), and raised the price target from $50.00 to $60.00. In the report, Bank of America noted, “Following recent discussion with management, we maintain our Buy and increase our...
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Analysts Optimistic On Juniper's New Operating Plan
Sunday, February 23, 2014 - 10:17am | 729Shares of Juniper Networks, Inc. (NYSE: JNPR) are gaining traction on Friday following management's announcement of a new "Integrated Operating Plan" after Thursday's close. Shares of Juniper have gained 2.4 percent in pre-market trading as investors respond to management's plans to spend $1...
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UPDATE: Bank of America Reiterates on CommScope Holding Company as Wireless Remains Front and Center
Friday, February 21, 2014 - 11:32am | 106In a report published Friday, Bank of America analyst Tal Liani reiterated a Buy rating on CommScope Holding Company (NASDAQ: COMM), and raised the price target from $21.00 to $24.00. In the report, Bank of America noted, “CommScope is a relatively low risk play on several important growth themes...
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UPDATE: Bank of America Reiterates on Meru Networks as Stock Shows Some Improvement But Concerns Remain
Tuesday, February 11, 2014 - 8:51am | 128In a report published Tuesday, Bank of America analyst Tal Liani reiterated an Underperform rating on Meru Networks (NASDAQ: MERU), and raised the price target from $2.75 to $3.25. In the report, Bank of America noted, “Q4 revenue exceeded estimates by 12%, driving break-even profitability vs...
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UPDATE: Bank of America Downgrades Barracuda Networks
Friday, January 10, 2014 - 12:01pm | 198In a report published Friday, Bank of America Merrill Lynch analyst Tal Liani downgraded Barracuda Networks (NYSE: CUDA), raises price objective to $39.50 from $26.00. According to the report, although BofA analysts raise estimates and increase price objective, however, valuation considerations...