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Big Opportunity For Infinera Corp. In Metro Networks
Monday, June 15, 2015 - 5:32pm | 276Read More...Networking equipment provider Infinera Corp. (NASDAQ: INFN) is entering a new market for services in densely populated regions that may offer "major legs" to its growth story, an analyst said Monday. The Sunnyvale, California-based company's shares have gained more than 50 percent year-to-date and...
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MKM Downgrades Juniper, Notes 'Good Chance' Company Will Miss Earnings
Monday, June 1, 2015 - 9:50am | 252Read More...In a report published Monday, MKM analyst Michael Genovese downgraded the rating on Juniper Networks, Inc. (NYSE: JNPR) from Neutral to Sell, while maintaining the $22 price target. The company's share price has risen 16 percent since the announcement of the 1Q15 earnings. The stock has...
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Verizon Is Switching To SDN Technology, But What Does It Mean For Investors?
Wednesday, April 29, 2015 - 11:30am | 281Read More...Verizon Communications Inc. (NYSE: VZ) on Tuesday stated that it will be transforming its network by implementing a "software defined network architecture." In a report published Wednesday, MKM Partners analyst Michael Genovese stated that Verizon's "important but underplayed" SDN announcement is...
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Analysts Mystified By Juniper Networks CEO Firing
Tuesday, November 11, 2014 - 4:37pm | 307Read More...Juniper Networks, Inc. (NYSE: JNPR) decision to abruptly fire its chief executive left analysts scratching their heads and seeking more information Tuesday. The computer networking company traded down recently more than 5 percent at $20.41 per share. Deutsche Bank's Brian Modoff said...
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Analysts: Juniper Networks Hits Sink Hole Or Just A Rough Spot?
Saturday, October 11, 2014 - 11:27am | 359Read More...Juniper Networks, Inc. (NYSE: JNPR) is either crashing into a deep sinkhole or just running over some ruts, according to diverging analysts' views. Juniper's warning Thursday that weak demand in the United States hurt third-quarter profits is alarming to MKM's Michael Genovese, who...
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Cisco's Mixed Quarter Leaves Analysts With Mixed Views
Thursday, August 14, 2014 - 12:00pm | 929Read More...Cisco (NASDAQ: CSCO) reported its fourth quarter results Wednesday. The company earned $0.55 per share, $0.02 higher than analysts expected, while revenue of $12.4 billion came in $260 million higher than expected. Shares of Cisco traded recently at $24.66, down 2.16 percent. Product revenue...
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Analysts See Mostly Flat Results For Cisco's FQ4 Report
Monday, August 11, 2014 - 3:15pm | 325Read More...When Cisco Systems (NASDAQ: CSCO) posts results Wednesday, Wall Street is looking an improvement taking the form of flat earnings and revenue. Revenue has been trending down in each of the past four quarters and earnings only reversed a similar trend with a slight sequential uptick in the...
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UPDATE: MKM Partners Upgrades JDS Uniphase
Friday, March 21, 2014 - 3:25pm | 98Read More...On Friday, MKM Partners upgraded shares of JDS Uniphase (NASDAQ: JDSU) from Neutral to Buy and raised the price target from $15 to $18. Analyst Michael Genovese believes confidence is increasing for the global carrier capex environment and positive product-mix trends should yield higher margins...
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Analysts Comment on BlackBerry's Weak 3Q14
Friday, December 20, 2013 - 5:18pm | 360Read More...Analysts Comment on BlackBerry's (NASDAQ: BBRY) weak third quarter 2014 results. BlackBerry reported third quarter adjusted EPS of $0.67 vs $0.43 estimate. EPS were down 205% from the same quarter last year. Revenue was reported at $1.19B versus the estimate of $1.58. The company also noted that...
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UPDATE: MKM Partners Upgrades Juniper Networks Ahead of 3Q13 Earnings Report
Wednesday, October 16, 2013 - 12:49pm | 164Read More...In a report published Wednesday, MKM Partners analyst Michael Genovese upgraded the rating on Juniper Networks (NYSE: JNPR) from Neutral to Buy, and raised the price target from $24.00 to $26.00. In the report, MKM Partners noted, “We are upgrading Juniper Networks to Buy from Neutral in front of...
