Pacific Crest Securities

In a report published Wednesday, Pacific Crest Securities analyst Andy Hargreaves maintained a Sector Weight rating on Apple Inc. (NASDAQ: AAPL), despite expectations of a decline in iPhone sales in the upcoming refresh cycle. Analyst Andy Hargreaves commented, "Although we continue to expect...

In a report published Tuesday, Pacific Crest Securities analyst Brendan Barnicle initiated coverage on Shopify Inc (NYSE: SHOP) with a Sector Weight rating, citing valuation as the reason for the rating. In the report Pacific Crest Securities noted, "Shopify provides a comprehensive e-commerce...

In a report published Tuesday, Pacific Crest analyst Andy Hargreaves maintained a Sector Weight rating on Apple, Inc. (NASDAQ: AAPL). The analyst expects iPhone demand to be more stable than estimated through the refresh cycle during FQ4. Although there appears to be some softening in Apple Watch,...

In a report published Thursday, Pacific Crest analyst Brendan Barnicle downgraded the rating on Bazaarvoice, Inc. (NASDAQ: BV) to Sector Weight, following the company's "mildly disappointing" FQ4 results and the reduced profitability guidance for FY2016. For FQ4, Bazaarvoice posted its revenue and...

As Netflix, Inc. (NASDAQ: NFLX) prepares itself for its annual shareholders’ meeting on Wednesday, the main topic of discussion among analysts and investors is whether the company will go for a stock split or not and if yes, what will be the ratio? Andy Hargreaves from Pacific Crest...

In a report published Tuesday, Pacific Crest analyst Brendan Barnicle maintained an Overweight rating and price target of $85 on Adobe Systems Incorporated (NASDAQ: ADBE). Early checks with the company's resellers in the U.S., UK, Germany and Austria have been "encouraging." "Resellers see growing...

In a report published Thursday, Pacific Crest analyst Rob Owens maintained an Overweight rating on Palo Alto Networks Inc (NYSE: PANW). The price target was raised from $160 to $180. The company's F3Q results beat expectations. While the momentum at the company continues to be impressive,...

In a report published Thursday, Pacific Crest Securities analyst John Vinh said that Broadcom Corporation (NASDAQ: BRCM) should be a strategic fit for Avago Technologies Ltd (NASDAQ: AVGO). According to The Wall Street Journal, Avago is in advanced talks to acquire Broadcom. Although this news...

The sell-side quiet period for Apigee Corp (NASDAQ: APIC) has ended and analysts have commented Tuesday on the stock. Overall, analyst coverage has been bullish and shares responded by moving more than 4 percent higher Tuesday. Credit Suisse initiated coverage with an Outperform rating and $...

In a report published Tuesday, analysts at Pacific Crest Securities maintained their Sector Weight rating on Qualys Inc (NASDAQ: QLYS). The company reported lower than expected revenue for Q1, while lowering its forward guidance. The slowing vulnerability management (VM) market, along with slipped...

In a report published Tuesday, Pacific Crest Securities analysts maintained an Overweight rating on Qorvo Inc (NASDAQ: QRVO), with a price target of $80, ahead of the company's earnings report. "We see a favorable risk/reward ahead of earnings and would be opportunistic buyers of QRVO...