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January 17, 2014
07:47 EDTSSNISilver Spring Network shares should be bought on any weakness, says Stifel
After Silver Spring issued a negative preannouncement, Stifel is still upbeat on the outlook for the company's margins and competitive positioning. The firm is "more than pleased" that the company's backlog rose year-over-year, and notes that Silver Spring added unannounced customers late in 2013. The firm lowered its price target on the shares to $25 from $30 but keeps a Buy rating.
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August 18, 2014
07:22 EDTSSNISilver Spring Network outlook has improved, says Stifel
After meeting with Silver Spring's (SSNI) management, Stifel is more upbeat on the company's positioning for additional international and domestic opportunities, and on its execution. The firm is not concerned about the impact of possible delays of the company's deployment in conjunction with American Electric (AEP). Stifel expects Silver Spring's EPS to reach 92c in 2016, and it keeps a $16 price target and Buy rating on Silver Spring.
August 12, 2014
10:00 EDTSSNIOn The Fly: Analyst Initiation Summary
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07:44 EDTSSNISilver Spring Network initiated with an Outperform at Northland
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