Walter Pritchard

Microsoft Corporation (NASDAQ: MSFT) stock is up 6.7 percent on Wednesday morning after the company delivered a big Q2 earnings beat. While investors are buying into Microsoft’s turnaround story, Citi analyst Walter Pritchard is not convinced the company’s problems are behind it just...

Citi sees a 24 percent upside in the shares of Red Hat Inc (NYSE: RHT) as it has confidence in the company's growth opportunity from share gains and success of bundling higher-value technology (Openshift, EAP, storage, etc.). "We see consensus concern in infrastructure around public cloud to be...

Citi said the fourth-quarter earnings of Oracle Corporation (NYSE: ORCL) showed more signs of stabilization, but the firm still prefers rival SAP SE (ADR) (NYSE: SAP) due to reduced cloud risk and stronger business trends. The business software giant's EPS missed street by $0.01, despite better-...

Citi Group's Walter H Pritchard initiated coverage on Secureworks Corp (NASDAQ: SCWX) and set a price target of $14.00. The security environment in IT will play very well into the company's growth. There is a shortage of "qualified security personnel worldwide," and it could reach "1.5 million by...

Citi expects salesforce.com, inc. (NYSE: CRM) to report "seasonally softer" first-quarter results on May 18 after the company reported "monster" results for the fourth quarter, which took some businesses from the first quarter. "Inputs suggest strong business activity for CRM in Q1, but in context...

Citi maintained its Neutral rating on Symantec Corporation (NASDAQ: SYMC), saying there are "still lots of moving parts" after the company's lower-than-expected fourth-quarter results. Symantec, which makes the popular Norton antivirus software, reported fourth-quarter EPS of $0....

Walter Pritchard of Citi overviewed the security sector, noting that field checks suggest an acceleration in spending in 2016. Pritchard added there is no indications of a mean reversion in spending, rather CIOs indicated a desire to grow their security spending budget by 8 percent. The analyst...

Oracle Corporation (NYSE: ORCL) reported better-than-expected earnings for its first quarter on Wednesday, but sales fell short of expectations. At the same time, the company also issued forward-looking guidance that may have spooked investors, as shares were trading lower by more than 3 percent...

During each of the past five years, Microsoft Corporation (NASDAQ: MSFT) announced a dividend hike sometime during September 16-20. An increase to a company's dividend payout is usually cheered by investors, but Citi analyst Walter Pritchard won't get excited. The analyst commented in a note on...

The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Bank Of America: Downgrading Vishay To Underperform Ruplu Bhattacharya of Bank of America downgraded shares of Vishay Intertechnology (NYSE: VSH)...

Chatter surfaced late Wednesday that salesforce.com, inc. (NYSE: CRM) could be on the selling block as the company was approached for a takeover. Other media reports suggested the company is working with bankers to field offers. Several names mentioned as potential buyers include Oracle...

Microsoft Corporation (NASDAQ: MSFT) on Thursday reported third quarter results that jolted shares higher by nearly 10 percent by Friday afternoon. Here is a summary of what some of Wall Street's top analysts have to say about the company's results. FBR: Nadella ‘Putting The...