Gray Powell

SailPoint Inc (NASDAQ: SAIL) reported upbeat fourth-quarter results but announced its guidance for fiscal 2027 slightly below Street expectations, according to BTIG analyst Gray Powell. The SailPoint Analyst: Powell reiterated a Buy rating, while cutting the price target from $22 to $18. The...

While field checks ahead of Snowflake Inc's (NYSE:SNOW) earnings release indicate "sustained momentum" in the fourth quarter of fiscal 2026 and into fiscal 2027, the setup is "complicated," according to BTIG. The Snowflake Analyst: Analyst Gray Powell reiterated a Buy rating, while slashing the...

Shares of Palo Alto Networks Inc (NASDAQ:PANW) nosedived in early trading on Wednesday, after the company reported its fiscal second-quarter results. Here are the key analyst insights: Needham analyst Mike Cikos maintained a Buy rating, while reducing the price target from $230 to $200. Goldman...

Shares of Cloudflare Inc (NYSE:NET) rallied in early trading on Wednesday, after the company reported better-than-expected fourth-quarter results. Here are the key analyst insights: Scotiabank analyst Patrick Colville maintained a Sector Perform rating, while reducing the price target from $255 to...

Shares of Datadog Inc (NASDAQ:DDOG) came under pressure in early trading on Wednesday, even after the company Tuesday reported record fourth-quarter revenues. Here are the key analyst insights: Scotiabank analyst Patrick Colville maintained a Sector Outperform rating, while reducing the price...

Shares of Snowflake Inc. (NYSE:SNOW) tanked in early trading on Thursday, even after the company reported upbeat third-quarter results on Wednesday. Here are some key analyst takeaways: Cantor Fitzgerald analyst Thomas Blakey reaffirmed an Overweight rating; price target increased from $275 to $...

Shares of Okta Inc (NASDAQ:OKTA) rose in early trading on Wednesday, after the company reported upbeat fiscal third-quarter results. Here are some key analyst takeaways: Scotiabank analyst Patrick Colville maintained a Sector Perform rating, while reducing the price target from $105 to $85....

Shares of Zscaler Inc (NASDAQ:ZS) tanked in early trading on Wednesday, even after the company reported upbeat fiscal first-quarter earnings. Here are some key analyst takeaways: Needham analyst Mike Cikos maintained a Buy rating, while reducing the price target from $350 to $310. RBC Capital...

Channel checks indicate that demand for Palo Alto Networks Inc's (NASDAQ:PANW) solutions rose sequentially in the fiscal first quarter, according to BTIG. The Palo Alto Networks Analyst: Analyst Gray Powell maintained a Buy rating and price target of $248. The Palo Alto Networks Thesis: The company...

Tech companies are racing to fortify digital defenses as cybersecurity threats surge, reshaping the landscape of digital safety. Field checks for Palo Alto Networks Inc (NASDAQ:PANW) were "surprisingly positive" and a meaningful improvement over the feedback from checks in previous quarters,...

Investor sentiment around tech stocks remains volatile as companies navigate changing market dynamics and investor expectations. Amid this backdrop, Gitlab Inc.‘s (NASDAQ:GTLB) recent financial performance and strategic adjustments highlight the challenges and opportunities facing tech firms...

Crowdstrike Holdings Inc (NASDAQ: CRWD) shares jumped more than 13% on Thursday morning after the company's earnings and guidance topped Wall Street's expectations. On Wednesday, CrowdStrike reported fourth-quarter adjusted EPS of 30 cents on revenue of $431 million. Both numbers topped...

Fortinet Inc (NASDAQ: FTNT) is an underappreciated subscription growth story, Deutsche Bank said in a Tuesday note.  The firm upgraded Fortinet from Hold to Buy and raised the price target for shares of the company from $36 to $48.  In afternoon trading Wednesday, shares of Fortinet...

Shares of Palo Alto Networks Inc (NYSE: PANW) have fallen nearly 17 percent over the past six weeks, underperforming the broader Nasdaq Composite index, which lost only 8 percent. The selloff has created a "compelling" entry point ahead of the company's fourth-quarter report on September 9, Gray...