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Could Datadog's TAM Reach $62B — Maybe $70B? Yes, But It Depends On This: Analyst
Thursday, January 26, 2023 - 1:07pm | 259Read More...Shares of Datadog Inc (NASDAQ: DDOG) spiked during Thursday’s early trading session. Plans to add security and developer experience “rounds out” the company’s cloud native observability platform, according to Cantor Fitzgerald analyst Jonathan Ruykhaver, who initiated...
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8 Zscaler Analysts Offer Their Takes On Q3 Print: Why The Company May 'Need To Tread Carefully Throughout FY23'
Friday, December 2, 2022 - 11:15am | 871Read More...Zscaler Inc.’s (NASDAQ: ZS) shares traded higher in the after-hours session on Thursday, following the company’s fiscal first-quarter print. Zscaler reported revenues of $355.55 million and earnings of 29 cents per share, with both matrices topping consensus estimates. Stephens On...
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7 CrowdStrike Analysts Slash Price Targets After 'Disappointing' Earnings Report
Wednesday, November 30, 2022 - 1:10pm | 830Read More...Shares of CrowdStrike Holdings Inc (NASDAQ: CRWD) hit 52-week lows on Wednesday, even as the company reported better-than-expected results. BofA Securities analyst Jonathan Eisenson reiterated a Buy rating; reduced the price target from $220 to $177. Truist Securities analyst Joel Fishbein...
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Why This Analyst Is Bullish On Fortinet And CrowdStrike
Thursday, September 8, 2022 - 1:16pm | 377Read More...While CrowdStrike Holdings Inc (NASDAQ: CRWD) is a market leader in Endpoint Detection and Response (EDR), Fortinet Inc (NASDAQ: FTNT) enjoys a market leadership position in networking and security, according to Cantor Fitzgerald. The Security and Infrastructure Software Analyst: Jonathan...
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Baird Upgrades Splunk On Solid Cloud Momentum, Strong Position In Security
Friday, September 25, 2020 - 12:11pm | 225Read More...Splunk Inc (NASDAQ: SPLK) has strong underlying business fundamentals, reflected in its solid growth in annual recurring revenue (ARR), while the company has made strategic moves by investing in its cloud offering, according to Baird. The Splunk Analyst: Jonathan Ruykhaver upgraded Splunk to...
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How CrowdStrike Analysts Are Reacting To Cybersecurity Firm's Q4 Print
Friday, March 20, 2020 - 4:36pm | 468Read More...CrowdStrike Holdings, Inc. (NASDAQ: CRWD) reported a strong beat in its fourth-quarter earnings report Thursday. Here's how some analysts reacted to the earnings report. The CrowdStrike Analysts Credit Suisse’s Brad Zelnick maintained a Neutral rating with an unchanged $60 price...
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Baird Starts Coverage Of CyberArk Software On The Sidelines On Lower Market Spend
Thursday, March 19, 2020 - 3:15pm | 267Read More...Although CyberArk Software Ltd (NASDAQ: CYBR) is a leader in the privileged access management (PAM) space and enjoys a strong market reputation, PAM spend remains low versus other areas of security and the company’s success depends on the market’s overall spend, according to Baird. The...
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Should You Buy The Dip In Cisco?
Thursday, February 13, 2020 - 4:55pm | 694Read More...Cisco Systems, Inc. (NASDAQ: CSCO) reported better-than-expected fiscal second-quarter results that were overshadowed by a weak outlook. As the stock trades lower, Wall Street analysts were quick to weigh in if investors should buy the dip or not. BofA: In-Line With 'Weak' Expectations...
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CrowdStrike Delivers Another Quarterly Beat With Improvement In Key Parameters
Friday, December 6, 2019 - 12:33pm | 270Read More...Although CrowdStrike Holdings Inc (NASDAQ: CRWD) delivered another strong quarter with improvements in key matrices, the stock valuation is high relative to peers, according to Baird. The Analyst Baird’s Jonathan Ruykhaver maintained a Neutral rating for CrowdStrike, with a price target of $...
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Sell-Side Still Optimistic On Zscaler After Q1 Earnings Results
Wednesday, December 4, 2019 - 11:46am | 528Read More...Analysts remained upbeat on cloud security company Zscaler Inc. (NASDAQ: ZS) after strong first-quarter results, even as investors appeared more skeptical sending the stock down, likely on mixed second-quarter guidance. Zscaler beat Street expectations on revenue, billings, and non-GAAP EPS in the...
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Symantec Analyst Says Cybersecurity Company's Investors Would Benefit From Broadcom Buyout
Tuesday, July 9, 2019 - 11:01am | 478Read More...A potential Broadcom Inc (NASDAQ: AVGO) acquisition of Symantec Corporation (NASDAQ: SYMC) would be "very favorable" for Symantec investors, but bad for Broadcom's product innovation, according to Baird. The Analyst Jonathan Ruykhaver maintained a Neutral rating on Symantec with an...
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FireEye Analysts Cautiously Optimistic On Verodin Acquisition: 'We Continue To Wait-And-See'
Wednesday, May 29, 2019 - 2:52pm | 479Read More...FireEye, Inc. (NASDAQ: FEYE)’s $250-million acquisition of security vendor Verodin won praise Wednesday from sell-side analysts who said it should create upside to FireEye’s long-term strategic value. While positive on the acquisition, there was also a “wait-and-see”...
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Cloud Confusion: Wall Street's Mixed Reaction To Red Hat's Q4
Tuesday, March 27, 2018 - 1:21pm | 630Read More...Red Hat Inc (NYSE: RHT) reported fourth-quarter results Monday that were more positive than anticipated across the board, while the software company's guidance for 2019 exceeded Street expectations. Here's how Wall Street reacted to the print. The Analysts Bank...
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ThinkEquity Reiterates McAfee, Inc. (MFE) Buy Rating
Thursday, April 8, 2010 - 11:39am | 172Read More...ThinkEquity LLC analysts Jonathan Ruykhaver and Aleksandr (Alex) Zukin reiterated their Buy rating for shares of McAfee, Inc. (NYSE: MFE). The analysts believed that two of the biggest threats to McAfee, Inc are an increasingly competitive environment with other vendors offering increasing security...
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Infrastructure Software Industry Update (FFIV, CHKP, ARUN, BCSI, FTNT)
Tuesday, March 30, 2010 - 9:13am | 264Read More...Analysts Jonathan Ruykhaver and Aleksandr (Alex) Zukin at ThinkEquity LLC have released an update on the Infrastructure Software industry. Analysts believe that the sector sentiment has strengthened, as meaningful improvements in the macroeconomic environment continue to benefit IT spending trends...













