-
Deutsche Bank Downgrades Juniper Amid Competitive Routing Market
Wednesday, July 6, 2016 - 10:15am | 257Deutsche Bank’s Vijay Bhagavath believes Juniper Networks, Inc. (NYSE: JNPR) is likely to witness margin pressure and market share loss at its Routing business during FY17/18. Bhagavath downgraded the rating on the company from Buy to Hold, while lowering the price target from $30 to $22....
-
Hardware Still A Burden On BlackBerry's Business
Friday, June 24, 2016 - 2:13pm | 211The hardware business of BlackBerry Ltd (NASDAQ: BBRY) continues to weigh on its fundamentals as its Priv device failed to make a desired impact in the highly competitive smartphone market. BlackBerry reported first quarter revenues of $400.0 million (non-GAAP: $424.0 million), meaningfully...
-
Deutsche Bank On Akamai Technologies: Long-Term Model Suggests 50% Upside To Current Levels
Monday, May 16, 2016 - 3:33pm | 435Deutsche Bank reiterated its Buy rating on Akamai Technologies, Inc. (NASDAQ: AKAM), saying its 2017+ sum-of-the-parts valuation suggests about 50 percent upside to current levels. The brokerage's 50 percent upside to current levels estimate is based on: 1. "Potential for AKAM'...
-
Deutsche Bank Downgrades F5 Networks, But Sees Little Risk For Juniper, Akamai And Others
Tuesday, January 12, 2016 - 1:15pm | 592F5 Networks, Inc. (NASDAQ: FFIV) have declined 26.27 percent over the past one year, dropping close to the 52 week low on January 7, at $91.82. Deutsche Bank’s Vijay Bhagavath has downgraded the rating on the company from Buy to Hold, while lowering the price target from $140 to $100...
-
Deutsche Bank's Top IT Ideas For 2016 Are Here
Wednesday, December 9, 2015 - 3:23pm | 508Deutsche Bank has provided new ideas for next year within the data center, networking, IT space. Specifically, the firm recommended playing major IT spending dislocations – the core basis for their top themes and ideas. The firm envisions secular spending shifts in the following areas. 1....
-
Infoblox Shares Are Crashing...Is This Research Note To Blame?
Tuesday, November 24, 2015 - 11:10am | 378Infoblox Inc (NYSE: BLOX) shares have plunged 15 percent in the last one month, and are trading significantly lower than their 52-week high of $28.03. Deutsche Bank’s Vijay Bhagavath downgraded the rating on the company from Hold to Sell, while reducing the price target from $20 to $13...
-
From Displays To Gorilla Glass, Corning's Got It All
Tuesday, September 15, 2015 - 2:00pm | 249Shares of Corning Incorporated (NYSE: GLW) have declined 23.33 percent year-to-date. Vijay Bhagavath of Deutsche Bank has initiated coverage of Corning with a Buy rating and price target of $21. Bhagavath believes that the company’s fundamentals for FY16 and beyond appear to be...
-
Infoblox Shares Down Ahead Of Earnings Report
Thursday, May 28, 2015 - 12:09pm | 427Shares of Infoblox Inc (NYSE: BLOX) were down on Thursday, as the company prepares to announce its third quarter financial results after the market closes. The company guided flat year-over-year earnings of $0.07 per share and a 22 percent growth in revenue, to $75 million – up from $61....
-
Deutsche Bank Reiterates Buy, Raises PT On Infoblox Following CEO, CFO Meeting
Thursday, April 2, 2015 - 10:09am | 100In a report published Thursday, Deutsche Bank analyst Vijay Bhagavath reiterated a Buy rating on Infoblox Inc. (NYSE: BLOX), and raised the price target from $26.00 to $28.00. In the report, Deutsche Bank noted, "We hosted a field trip for DB clients with the CEO and CFO of BLOX, earlier today at...
-
Deutsche Bank Upgrades Infoblox, Raises Price Target
Monday, January 5, 2015 - 8:07pm | 247Deutsche Bank upgraded Infoblox Inc (NYSE: BLOX) Monday from Hold to Buy and raised its price target from $17 to $23. “BLOX is our small-cap idea to play the ongoing capex intensity in Enterprise Private Cloud buildouts – with IPAM and DNS Security, increasingly, a “need to...
-
UPDATE: Deutsche Bank Downgrades Infoblox Following Q3 FY14 Report
Friday, May 30, 2014 - 8:01am | 162In a report published Friday, Deutsche Bank analyst Vijay Bhagavath downgraded the rating on Infoblox (NYSE: BLOX) from Buy to Hold, and lowered the price target from $30.00 to $18.00. In the report, Deutsche Bank noted, “BLOX reported Q3 FY14: $61M / 7c – appx inline on revs; 3c EPS beat vs...