-
What's Happening With Palo Alto Resellers?
Monday, March 6, 2017 - 9:15am | 301Palo Alto Networks Inc (NYSE: PANW) delivered a second-quarter miss and reduced its guidance. Discussions with reseller partners indicate healthy pipeline and win rates, while the market seems to have matured and competition has intensified, Wunderlich’s Bill Choi said in a report. While...
-
Urban Outfitters Has 'No Relief In Sight'
Monday, March 6, 2017 - 8:40am | 365With Urban Outfitters, Inc. (NASDAQ: URBN) scheduled to report its Q4 2017 results after Tuesday's close, Wunderlich’s Eric Beder believes the company “continues to register margin weakness in the face of weak sales gains, the weakening of gains from inventory management, and a mix...
-
American Outdoor Brands: Smith & Wesson By Any Other Name Still Faces The Same Headwinds
Friday, March 3, 2017 - 3:19pm | 432Wunderlich reiterated its Hold rating on American Outdoor Brands Corp (NASDAQ: AOBC), formerly Smith & Wesson, after the company lowered FY 2017 guidance on cooling demand in its core firearm business. Third-Quarter Print American Outdoor Brands reported third-quarter revenue of $234 million,...
-
What The Sell-Side Thinks Of Palo Alto
Wednesday, March 1, 2017 - 5:02pm | 701Wall Street slammed Palo Alto Networks Inc (NYSE: PANW) with a slew of downgrades after its disappointing second quarter results, which was well below consensus. The company also guided third quarter below Street and cut its full-year outlook, amid strong competition from Cisco Systems, Inc. (...
-
Ignore The Bears, Buy Salesforce Shares: Wunderlich
Wednesday, March 1, 2017 - 9:49am | 410Following the strong close to F20Y17 posted by salesforce.com, inc. (NYSE: CRM), Wunderlich’s Ryan MacDonald reiterated a Buy rating on the company, with a price target of $101. Salesforce reported its revenue and EPS for Q4 ahead of the consensus forecasts, with the core sales cloud business...
-
A Peek Into The Markets: U.S. Stock Futures Surge Ahead Of Economic Data
Wednesday, March 1, 2017 - 8:29am | 514Pre-open movers U.S. stock futures traded higher in early pre-market trade. Data on motor vehicle sales for February will be released today. Data on personal income and consumer spending for January will be released at 8:30 a.m. ET, while the Markit PMI manufacturing data for February is schedule...
-
Workday's Q4 Beat Not Enough To Budge Wunderlich From A Hold Rating
Tuesday, February 28, 2017 - 9:33am | 391“Given that the upside in 4Q and in the FY18 outlook is primarily related to large HR deal activity, we maintain our thesis that Workday Inc (NYSE: WDAY) is not showing enough incremental traction outside of its core business to warrant an additional premium to the stock's current...
-
Your Portfolio's Diet Should Include A Serving Of NutriSystem After Strong Results In Q4
Tuesday, February 28, 2017 - 9:18am | 383NutriSystem Inc. (NASDAQ: NTRI) report strong fourth-quarter 2016 results, beating the estimates on each metric, while issuing its 2017 guidance ahead of expectations, primarily due to mid-teens growth in the core NutriSystem brand. Wunderlich’s Mitchell B. Pinheiro maintains a Buy rating on...
-
A Look At Expectations And Sentiment For Salesforce Ahead Of Earnings
Monday, February 27, 2017 - 11:26am | 481With salesforce.com, inc. (NYSE: CRM) scheduled to report its fourth-quarter 2017 results after the close Wednesday, Wunderlich’s Ryan MacDonald noted that industry checks and sentiment on the stock have generally been positive ahead of the print. The analyst maintains a Buy rating on the...
-
Smith & Wesson Changes Name, But Competition Concerns Remain The Same
Monday, February 27, 2017 - 9:33am | 289Wunderlich recommends investors to remain on the sidelines on American Outdoor Brands Corp (NASDAQ: AOBC), formerly called Smith & Wesson, ahead of its third-quarter earnings on March 2. Analyst Commentary Analyst Rommel Dionisio estimates third-quarter revenue of $236 million and GAAP EPS of $...
-
Chesapeake Has A 'Reshaped Growth Profile'
Friday, February 24, 2017 - 11:05am | 470Wunderlich’s Jason Wangler believes that Chesapeake Energy Corporation (NYSE: CHK) “is close to growing production again while well results and asset sales could provide value-added catalysts.” The analyst maintains a Buy rating on the company, with a price target of $10. Solid Q4...
-
Why The Street Believes Kate Spade Will Be Acquired, But Has Doubts On Angie's List
Friday, February 17, 2017 - 10:19am | 724Local services marketplace Angie's List Inc (NASDAQ: ANGI) and apparel & accessories company Kate Spade & Co (NYSE: KATE), although proceeding toward the same goal, are presenting a contrasting picture, at least as far as their stocks are concerned. Seeking Strategic Alternatives In...
-
Kate Spade Is For Sale; Wunderlich Says 'We Believe It Will Happen'
Thursday, February 16, 2017 - 3:50pm | 441Wunderlich believes a sale of Kate Spade & Co (NYSE: KATE) will happen as it makes an appetizing acquisition target for many players due to its compelling domestic and international growth opportunities, brand value and upper income focus. Kate Spade, which makes luxury handbags, said it is...
-
Wunderlich Names 2017 Catalysts For Noble Energy
Wednesday, February 15, 2017 - 9:53am | 440“Noble Energy, Inc. (NYSE: NBL) expects to sanction the Leviathan project in 1Q17 and close the $3.4 billion Clayton Williams Energy, Inc. (NYSE: CWEI) acquisition in 2Q17, with a first production date targeted for late 2019,” Wunderlich’s Irene O. Haas said in a note, while...
-
Cisco Set To Report Q2 Results: How To Manage Your Expectations
Tuesday, February 14, 2017 - 10:18am | 361Cisco Systems, Inc. (NASDAQ: CSCO) is set to report its second-quarter financial results Wednesday amid low expectations from the Street. Wunderlich, which has a Hold rating on the stock, sees in-line results for the period, during which the service provider volumes faced tough comparisons. Analyst...