D.A. Davidson

Jack Andrews of D.A. Davidson reiterated his Buy rating on FireEye Inc (NASDAQ: FEYE) despite the cybersecurity firm reporting a disappointing quarter on many fronts and issued a weak first-quarter guide for billings. Shares of FireEye fell to an all-time low on the recent weakness in fundamentals...

The coming days will see quarterly results from active lifestyle brand companies amid uncertainty from retail consolidation, potential tax and policy, and diverse equipment category trends. Andrew Burns of D.A. Davidson said the golf industry appears to be on solid footing, but the exercise...

ServiceNow Inc (NYSE: NOW) reported strong Q4 2016 results ahead of expectations. D.A. Davidson’s Jack Andrews recommended investors to accumulate the company’s shares ahead of “what we expect to be a mean reversion trade.” The analyst maintains a Buy rating on the company,...

D.A. Davidson expects a strong quarter from ServiceNow Inc (NYSE: NOW), which is expected to report its fourth-quarter numbers on Wednesday after market close. The brokerage anticipates ServiceNow, an enterprise cloud company, to report Street-matching non-GAAP EPS of $0.23. Further, D.A. Davidson...

Proofpoint Inc (NASDAQ: PFPT) is scheduled to report its Q4:16 results on Thursday after market close. D.A. Davidson’s Jack Andrews reiterated a Neutral rating on the company, with a price target of $79. Q4 Expectations The analyst expects Proofpoint to report revenue growth of 41.9 percent...

Barracuda Networks Inc (NYSE: CUDA) shares were seen up more than 9 percent in Tuesday’s pre-market session after the company reported a big Q3 earnings beat. Barracuda reported adjusted EPS of $0.22 on $88.8 million in revenue compared to consensus Street estimates of $0.14 and $86.6 million...

D.A. Davidson’s Andrew Burns believes that while trends have improved for Nautilus, Inc. (NYSE: NLS) post-election, there continues to be headwinds during 2017. Burns downgraded the rating on the company from Buy to Neutral, while lowering the price target from $24 to $20. Challenges In 2017...

The numbers for firearm background checks, though firing to an all time record in 2016, were found wanting in December. Data released by the FBI based on the National Instant Background Check System, or NICS, showed that 2,771,159 checks were made in December 2016 compared to 3,314,594 in...

D.A. Davidson’s Arren Cyganovich believes that despite the recent rally in the share price, Navient Corp (NASDAQ: NAVI) shares continue to trade “below the intrinsic value of expected cash flows from its legacy loan businesses and from new avenues for growth ahead.” Cyganovich...

Following conversations with a number of cybersecurity industry participants, including customers, partners and company executives, D.A. Davidson’s Jack Andrews said in a report there were growing concerns regarding security software spending. He reduced the estimates and price targets for...

With some of its competitors being acquired by larger networking companies, Aerohive Networks Inc (NYSE: HIVE) is becoming the “go-to” wireless partner for networking vendors that lack wireless solutions, said D.A. Davidson’s Mark Kelleher, in a report. Kelleher initiated coverage...

Oracle Corporation (NYSE: ORCL) is expected to report its 2017 Q2 earnings Thursday after the market close, and the Street is mostly Bullish leading in. The consensus EPS estimate is $0.60 with revenue at $9.12 billion. Ratings And Price Targets Bernstein: Outperform; $52 price target. BTIG: Buy; $...

Oracle Corporation (NYSE: ORCL) is scheduled to report its fiscal year 2017 second-quarter results on December 15 after market close. D.A. Davidson’s Jack Andrews maintains a Buy rating on the company, with a price target of $52. Fundamentals Remain Healthy Andrews believes Oracle’s...