New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 14, 2014
12:11 EDTPANW, CUDA, FEYE, SYMC, QLYSPalo Alto jumps after two analysts raise their ratings
Shares of IT security company Palo Alto (PANW) are climbing after two research firms upgraded the stock in separate notes to investors earlier today. WHAT'S NEW: After meeting with Palo Alto, Stephens analyst Jonathan Ruykhaver wrote that he is more confident that the company is well-positioned to gain additional market share. The company's "strong" new products and its growing distribution infrastructure, along with its acquisition of Cyvera, should help it take share from its competitors, the analyst contended. Palo Alto's comprehensive security solutions for organizations should be appealing and enable the company to generate robust growth, wrote the analyst, who upgraded the stock to Overweight from Equal Weight and raised his price target on the shares to $85 from $75. Barclays analyst Raimo Lenschow also upgraded the stock, saying that the company's fundamentals are solid, while underlying trends in the IT security market appear to be improving. Lenschow upgraded the stock to Overweight from Equal Weight and kept a $78 price target on the shares. PRICE ACTION: In early afternoon trading, Palo Alto jumped 6% to $68.17. Other IT security companies, whose shares have been weak in recent sessions, also rose, as Barracuda Networks (CUDA) gained 2% to $28.40, Fireeye (FEYE) advanced 3.5% to $49.01, Symantec (SYMC) added 2% to $20.42, and Qualys (QLYS) gained 3% to $22.05.
News For PANW;CUDA;FEYE;SYMC;QLYS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 23, 2014
11:25 EDTPANW, FEYEInternet security names climb after Check Point, Fortinet beat expectations
Subscribe for More Information
08:17 EDTSYMCIDC says IBM should look at Symantec info-management unit, Bloomberg reports
Analysts have said acquisitions would be a better use of IBM's (IBM) cash than share repurchases and IDC Corp. pointed to Symantecís (SYMC) information-management division and cloud-storage provider Box as two logical options, reported Bloomberg's "Real M&A" column. Reference Link
October 22, 2014
06:44 EDTPANW, FEYE, QLYS, SYMC, CUDAU.S. weighing cybersecurity requirements for bank vendors, NY Times says
Subscribe for More Information
October 21, 2014
07:30 EDTPANWPalo Alto price target raised to $115 from $100 at Oppenheimer
Oppenheimer raised its price target for Palo Alto Networks shares to $115 after meeting with management and reiterates an Outperform rating on the stock. The firm thinks shares can continue to move higher as the company's fundamentals remain intact.
October 20, 2014
07:58 EDTCUDABarracuda Networks portfolio strength underappreciated, says Pacific Crest
Subscribe for More Information
October 16, 2014
10:01 EDTFEYEOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
05:31 EDTFEYEFireEye upgraded to Overweight from Neutral at JPMorgan
Subscribe for More Information
October 14, 2014
18:20 EDTPANWOn The Fly: After Hours Movers
Subscribe for More Information
17:41 EDTPANWPalo Alto CEO sees reaching operating margins goal within next two years
Subscribe for More Information
17:39 EDTPANWPalo Alto CEO not concerned about margins
17:37 EDTPANWPalo Alto CEO says customers more thoughtful about purchases
Subscribe for More Information
October 13, 2014
11:35 EDTQLYSQualys to host investor day
Subscribe for More Information
09:23 EDTFEYEHP could buy lower valuation company, says Bernstein
Subscribe for More Information
08:05 EDTSYMCSymantec spun off companies could become targets, says Argus
Subscribe for More Information
05:35 EDTCUDABarracuda Networks management to meet with Pacific Crest
Subscribe for More Information
October 12, 2014
17:34 EDTPANW, SYMC, FEYEJPMorgan to double spending on cybersecurity over next five years, WSJ says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use