Systems Software

According to Jefferies, Sourcefire (NASDAQ: FIRE) coverage is initiated with a Buy rating. Jefferies said that Sourcefire is expanding its supply in a healthy demand environment which should lead to accelerating revenue growth and margin expansion. “We are initiating coverage with a Buy rating;...

According to Jefferies, CommVault Systems (NASDAQ: CVLT) coverage is initiated with a Hold rating. Jefferies said that the fundamental changes occurring with data management are revitalizing related growth opportunities and CommVault's product strategy is directly aligned with these trends. “We...

Jefferies is out with its report today on BMC Software (NYSE: BMC), initiating BMC at Buy. In its report, Jefferies writes, "We are initiating on BMC Software with a Buy rating as we believe the company will continue its transition from a low to mid-tier growth company. We expect its Enterprise...

Jefferies is out with its report today on BMC Software (NYSE: BMC), initiating BMC at Buy. In its report, Jefferies writes, "We are initiating on BMC Software with a Buy rating as we believe the company will continue its transition from a low to mid-tier growth company. We expect its Enterprise...

Jefferies is initiating coverage on CA Technologies (NASDAQ: CA) with a Hold rating and a price target set at $23. According to Jefferies, “We believe the dearth in the renewal pipeline growth provides a modest headwind that counters near-term revenue growth acceleration trends and a compelling...

According to Jefferies, Check Point Software (NASDAQ: CHKP) coverage is initiated with a Buy rating. Jefferies said that it is initiating coverage with a Buy rating; our $66 price target is based on 21x the CY12 earnings estimate of $3.16 and implies a P/FCF cash valuation of 18x, in-line with the...

Jefferies is initiating coverage on Symantec (NASDAQ: SYMC) with a Buy rating and a price target of $23. In its report, Jefferies writes, “We are initiating on Symantec with a Buy rating as the company should see an acceleration in aggregate revenue growth with margin expansion. Symantec is also...

Jefferies & Company has initiated coverage on BMC Software (NASDAQ: BMC) with a Buy rating and $53 price target.

Jefferies & Company has initiated coverage on Check Point Software (NASDAQ: CHKP) with a Buy rating and $66 price target.

Jefferies & Company has initiated coverage on CommVault Systems (NASDAQ: CVLT) with a Hold rating and $36 price target.

Jefferies & Company has initiated coverage on Sourcefire (NASDAQ: FIRE) with a Buy rating and $31 price target.

Jefferies & Company has initiated coverage on CA Technologies (NASDAQ: CA) with a Hold rating and $23 price target.

Jefferies & Company has initiated coverage on Symantec (NASDAQ: SYMC) with a Buy rating and $23 price target.

All day traders should know this, the week leading into options expiration is an extremely tough period to trade. This is a time when the large institutional trading desks will play a lot games with the small retail options traders. Just look at the major stock indexes this week on any intra-day...

Morgan Stanley is out with its report today on Digital River (NASDAQ: DRIV), downgrading DRIV to Underweight. In its report, Morgan Stanley writes, "Downgrading to Underweight on growing concern that DRIV's software and gaming segments are becoming less relevant due to structural shift in...