Wunderlich

Microsoft Corporation (NASDAQ: MSFT) reported its Q2 2017 revenue and EPS significantly ahead of expectations. Going ahead, the key indicators of the company’s success would be the performance of Dynamics 365 with the integrated LinkedIn functionality and the extent of Office 365 and Azure...

ServiceNow Inc (NYSE: NOW) reported strong Q4 2016 results, beating expectations despite currency headwinds. The Q1 and 2017 guidance also came in higher than expected. 4Q Results ServiceNow reported quarterly revenue of $385.7 million, above the consensus estimate of $379.3 million. This...

Arctic Cat Inc (NASDAQ: ACAT), a Minneapolis-based manufacturer of snowmobiles and all-terrain vehicles, is enjoying soaring shares Wednesday following an announcement of a definitive agreement to be acquired by Textron Inc. (NYSE: TXT) for $18.50 per share in cash. Analysts at Wunderlich are...

AppDynamics was prepping for an initial public offering, but the company now has different plans. AppDynamics sells an enterprise-grade application intelligence software platform that enables enterprises to accelerate a digital transformation. Cisco Systems, Inc. (NASDAQ: CSCO) announced it has...

Wunderlich’ Rommel Dionisio has downgraded Polaris Industries Inc. (NYSE: PII) to Hold from Buy, saying earnings recovery is still several quarters away. The brokerage will become constructive once the company’s off-road vehicle (ORV) unit shows significant improvement. The downgrade...

Wunderlich believes Cisco Systems, Inc. (NASDAQ: CSCO) may have captured a unicorn in its $3.7 billion purchase of AppDynamics, which helps businesses identify and fix bugs in their applications. AppDynamics would boost Cisco’s security products and the company’s ability to scale...

Wunderlich’s Bill Choi believes “the acceleration of market share gains, as well as continued upsell of TAP (targeted attack protection) and diversification toward archiving and governance, should help Proofpoint Inc (NASDAQ: PFPT) garner a high multiple and warrant a material premium...

F5 Networks, Inc. (NASDAQ: FFIV) is scheduled to report its FQ1 2017 results Wednesday. The company would likely report in-line results, and announce a positive outlook, with new products “fully in place,” Wunderlich’s Matthew S. Robison said in a report. He maintains a Hold...

Wunderlich maintains its Buy rating on Polaris Industries Inc. (NYSE: PII) shares despite expecting continued challenges in the fourth quarter. Polaris plans to report its fourth quarter results and give initial 2017 guidance on January 24. The brokerage sees revenue of $1.02 billion and EPS of $1....

Wunderlich has started coverage of Wildhorse Resource Development Corp (NYSE: WRD) with a Buy rating and $26 price target, saying the company is a potential beneficiary when there is an uptick in natural gas prices. “The company has a very balanced oil-gas mix and could really benefit if U.S...

As shares of Time Warner Inc (NYSE: TWX) were trading 12 percent below the AT&T Inc. (NYSE: T) takeout price, Wunderlich’s Matthew Harrigan said the fair AT&T stock valuation following the deal is $46, which implies an $113 upside to Time Warner's valuation, inclusive of the $53.75...

The Shot Show gets underway in Las Vegas Tuesday. The four-day event counts among its attendees, shooting, hunting and outdoor trade and commercial buyers and sellers of military, law enforcement and tactical products and services. Why Shot Show Is Important Many companies unveil new products...

Although Flowers Foods, Inc. (NYSE: FLO) may report lackluster results for Q4 2016, its performance will likely improve in the first quarter of 2017 against easier comps, Wunderlich’s Mitchell B. Pinheiro said in a report. He added that the company could exceed the current investor...

Wunderlich has raised its price target on the shares of HSN, Inc. (NASDAQ: HSNI) by $2 to $42, saying the interactive multichannel retailer is devising right strategies to leverage social media such as Facebook Inc (NASDAQ: FB). Analyst Matthew Harrigan noted that HSN is working closely with...

Callaway Golf Co (NYSE: ELY) announced the acquisition of OGIO International in an all-cash transaction. The acquisition broadens Callaway’s product platform in accessories and apparel, and it is expected to be earnings accretive from 2018, Wunderlich’s Rommel Dionisio said in a...