Walter H Pritchard

VMware, Inc’s (NYSE: VMW) reported robust Q3 results, with higher license billings. The company seems to be “working through the issues,” Citi’s Walter H Pritchard said in a report, while expressing optimism regarding the sustainability of higher growth. Analyst...

salesforce.com, inc. (NYSE: CRM) reported Q2 results and announced Q3 guidance, with leading indicators below expectations on currency headwinds and US weakness, Citi’s Walter H Pritchard said in a report. He maintained a Buy rating on the company, while reducing the price target from $94...

Although Palo Alto Networks Inc (NYSE: PANW) reported its Q4 revenue ahead of expectations and the underlying metrics appear solid, the guidance reflects a product revenue slowdown, Citi’s Walter H Pritchard said in a report. He maintained a Neutral rating on the company, while reducing the...

Growth stocks are “back in favor,” and most such shares have gained 40 percent from their February lows, Citi’s Walter H Pritchard said in a report. He downgraded the ratings on Splunk Inc (NASDAQ: SPLK) and Workday Inc (NYSE: WDAY) from Buy to Neutral, saying that they no...

Citi's Walter Pritchard reiterated Workday Inc (NYSE: WDAY)'s Buy Rating and $87 price target after the company reported Q1 earnings Tuesday after market close. Pritchard was happy with 1Q17 results as the company's sales of $372 million were higher than the analyst's estimate...

Shares of Qlik Technologies Inc (NASDAQ: QLIK) surged following news of a possible buyout. Citi’s Walter H Pritchard downgraded the rating for the company from Buy to Neutral, while raising the price target from $23 to $30. Qlik Technologies’ market cap is currently at $2.7B, and a...

Citi’s Walter H Pritchard believes that MicroStrategy Incorporated (NASDAQ: MSTR) offers the best means to invest in the trend toward “democratization of little data,” which puts “the power of data analytics in the hands of a broadening population of business users....

The recent pullback in the stock offers an attractive entry point for new investors in J2 Global Inc (NASDAQ: JCOM), believes Citi’s Walter H. Pritchard. The analyst upgraded the rating on the company from Neutral to Buy, while lowering the price target from $82 to $73. Patent...

In a report published Thursday, Citigroup analyst Walter H. Pritchard offered a closer look at implications of a potential salesforce.com, inc. (NYSE: CRM) acquisition, noting that he doesn't "have a call" on the credibility of media reports, but nevertheless dove into the possible...

In a report issued Wednesday, Citi analysts Walter H. Pritchard and Steven Rogers trimmed their estimates and price target for Microsoft Corporation (NASDAQ: MSFT). The price target is now set at $36, down from $38. The stock carries a Sell rating. Estimates were also cut, well below the Street's...

Citi is keeping a close eye on three of the world's largest tech enterprises: Intel Corporation (NASDAQ: INTC), Hewlett-Packard Company (NYSE: HPQ) and Oracle Corporation (NYSE: ORCL). Citi analysts Walter H Pritchard and Tyler Radke said that aside from the currency, Oracle's Q3...

In a report published Monday, Citigroup’s Walter H. Pritchard proposed a possible pair trade including VMware, Inc. (NYSE: VMW) and Citrix Systems, Inc. (NASDAQ: CTXS). Based on upcoming catalysts, the analyst named VMware among his most preferred stocks and Citrix Systems among his least...

Citi Investment Research & Analysis analyst Walter H Pritchard maintained his Buy rating for shares of Adobe Systems Incorporated (Nasdaq: ADBE), with a price target of $42 per share. Pritchard said that the controversy started by Apple Inc. (Nasdaq: AAPL) about Flash has caused an 8% to 30%...