Shebly Seyrafi

Workday (NYSE: WDAY) once again beat quarterly expectations to analysts' loud applause. But some wonder whether the stock price is too rich. "Beating the numbers has been routine," BMO Capital Markets analyst Joel P. Fishbein Jr. said in a note Wednesday. "Valuation remains our primary concern...

Shares of Rackspace (NYSE: RAX) jumped higher after the company reported a 50 percent EPS beat and strong forward guidance. Tuesday, analysts from FBN, JMP, Pacific Crest and Raymond James gave their opinions of the results. FBN: Maintains Underperform Rating, Lowers Price Target to $30 FBN...

Shares of Pandora Media, Inc. (NYSE: P) tumbled more than six percent following the company's release of April 2014 audience metrics. In a press release on Tuesday, Pandora announced that listener hours for April increased 30 percent to $1.70 billion, from the same period last year. Share of...

Yelp (NYSE: YELP) on Wednesday reported first quarter 2014 financial results. In the press release, Yelp CEO Jeremy Stoppelman commented, "We had a great start to the year and are excited about the large opportunity ahead of us. Yelp is becoming the gold standard in local search. In the first...

LinkedIn (NYSE: LNKD) will report first quarter 2014 results on Thursday after the close. Company's Expectations LinkedIn expects first quarter revenue to be within $455-$460 million. The company expects to see $106- $108 million in adjusted EBITDA. LinkedIn expects FY14 revenue of $2.02- $2....

On Monday, FBN Securities initiated coverage on FireEye (NASDAQ: FEYE) with an Outperform rating and $65 price target. Analyst Shebly Seyrafi views the recent decline as a buying opportunity, as the selloff was caused by a broader market selloff of high momentum stocks and the March 19 lockup...

In a report released Monday, Shebly Seyrafi of FBN Securities announced a price target increase for Palo Alto Networks (NYSE: PANW) from $65 to $90. The report attributes a ramp-up of the company's PA-7050 120Gpbs products and Wildfire business as key factors to the increase, "Wildfire, which can...

In a report published Friday, FBN Securities analyst Shebly Seyrafi reiterated an Outperform rating on Google (NASDAQ: GOOG) and raised the price target from $1,300.00 to $1,400.00 following revenue beat and the sale of Motorola Mobility. For the fourth quarter, Google reported $16.9 billion in...

In a report published Thursday, FBN Securities analyst Shebly Seyrafi reiterated a Sector Perform rating on NetApp (NASDAQ: NTAP) while raising the price target from $40.00 to $42.00. In the report, FBN Securities says "We retain our Sector Perform rating on NTAP and raise our PT from $40 to $42....

In a report published Thursday, FBN Securities analyst Shebly Seyrafi downgraded the rating on Silicon Graphics International Corp. (NASDAQ: SGI) from Outperform to Sector Perform, and lowered the price target from $16.00 to $15.00. In the report, FBN Securities noted, “The company is not...

In a report published Thursday, FBN Securities analyst Shebly Seyrafi upgraded the rating on VMware (NYSE: VMW) from Sector Perform to Outperform, and raised the price target from $90.00 to $100.00. In the report, FBN Securities noted, “We are upgrading shares of VMW from Sector Perform to...

In a report published Monday, FBN Securities analyst Shebly Seyrafi reiterated an Outperform rating on Apple (NASDAQ: AAPL), and raised the price target from $575.00 to $600.00. In the report, FBN Securities noted, “We retain our Outperform rating on AAPL and raise our PT to from $575 to $600. We...