websense

Bernstein analysts led by Douglas S. Harned upgraded Raytheon Company (NYSE: RTN) to Outperform. The experts set a $132 price target for the stock. Shares of Raytheon were slightly up on Wednesday. In a report issued Wednesday, analysts at Bernstein explained that their upgrade of...

Raytheon Company (NYSE: RTN) agreed to contribute $1.57 billion to form a joint-venture computer security company with Websense, owned by Vista Equity Partners. Raytheon will own an 80.3 percent stake in the venture, while Vista Equity will invest $335 million for a 19.7 percent equity stake. As...

J.P. Morgan has published a report on Websense (NASDAQ: WBSN) reviewing 2Q earnings for the Internet and network security company. In the report, J.P. Morgan wrote, "WBSN 2Q11 saw slight billing beat, guidance was reiterated, but EPS and CFO was light. The company is sticking to its guns about...

Citi, which initiated coverage of Sourcefire, Inc. (NASDAQ: FIRE), is providing some color on small caps. Citi also initiated coverage of Fortinet Inc. (NASDAQ: FTNT) and Websense, Inc. (NASDAQ: WBSN). “Trends including innovative web application technologies and the proliferation of mobile...

Citigroup has initiated coverage on the following companies: Sourcefire (NASDAQ: FIRE) Buy, $32 PT Fortinet (NASDAQ: FTNT) Hold, $52 PT Websense (NASDAQ: WBSN) Hold, $25 PT

Seven companies were hosted at Deutsche Bank's 2010 Technology Conference, including Checkpoint (NYSE: CKP), CA Technologies (NASDAQ: CA), Fortinet (NASDAQ: FTNT), Dolby (NYSE: DLB), Websense (NASDAQ: WBSN), DTS (NASDAQ: DTSI), and Microsoft (NASDAQ: MSFT). News and data points included: Microsoft...