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Airgain Downgraded At Wunderlich As Shares Trade Above PT
Wednesday, September 21, 2016 - 8:59am | 320Read More...Wunderlich downgraded Airgain Inc (NASDAQ: AIRG) to Hold from Buy, as the shares are trading above its price target of $14. Airgain, a provider of embedded antenna technologies, reported second-quarter net income attributable to common stockholders of $700,428, or $0.15 a share, versus net loss of...
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Wunderlich Upgrades Arctic Cat To Hold, Expects To Benefit From Competitor Shipment Delays
Wednesday, September 14, 2016 - 8:32am | 328Read More...Shares of Arctic Cat Inc (NASDAQ: ACAT) have lost 11 percent since August 15. Wunderlich’s Rommel Dionisio upgraded the rating on the company from Sell to Hold, citing the stock’s recent underperformance and shipment delays at a competitor. The price target has been maintained at $13...
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Wunderlich On Cybersecurity: Positive On Symantec And 2 Others, But Neutral On FireEye, Imperva
Tuesday, September 13, 2016 - 3:11pm | 499Read More...In a series of new notes out this week, Wunderlich analyst Bill Choi updated his outlook on several top cybersecurity stocks. Here’s an overview of what he had to say about each. Buy-Rated Stocks Symantec Corporation (NASDAQ: SYMC): Choi upgraded the stock from Hold to Buy and raised the firm...
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Symantec Attempting To Transition From Bulky Backup Company To Next-Gen Security Provider
Tuesday, September 13, 2016 - 1:27pm | 365Read More...Wunderlich Securities thinks Symantec Corporation (NASDAQ: SYMC) has spent more money in the last few years on transforming itself to next-generation security provider. Earlier, the company was restricted to backup and bulky legacy security. Analysts Bill Choi and Ryan MacDonald believe the...
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Wunderlich Sees 29% Upside In Palo Alto Shares
Tuesday, September 13, 2016 - 12:55pm | 261Read More...Wunderlich expects Palo Alto Networks Inc (NYSE: PANW) to gain share significantly since there is an opportunity for 30–35 percent revenue growth for multiple years. Analysts Bill Choi and Ryan MacDonald aren't worried about the high valuation since they see long-term margin expansion...
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MobileIron Downgraded At Wunderlich On Competitive Pressures
Tuesday, September 13, 2016 - 11:19am | 355Read More...Wunderlich’s Bill Choi believes Mobileiron Inc (NASDAQ: MOBL) shifting its purchasing patterns from perpetual licenses to term subscription, along with continued competitive pressures, would make it difficult for the company to outperform via consistent execution. Choi downgraded the rating...
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Potential Catalysts Could Drive Chesapeake Energy Shares Higher; Wunderlich Upgrades
Friday, September 9, 2016 - 9:45am | 457Read More...Citing an improved financial position and maintained strong operations, Wunderlich has upgraded Chesapeake Energy Corporation (NYSE: CHK) to Buy from Hold and raised its target by $4 to $10. "We believe as the company continues this process, it can exhibit production growth, higher cash flows and...
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Wunderlich Initiates Airgain At Buy, Positive On Industry Tailwinds
Tuesday, September 6, 2016 - 10:08am | 480Read More...Wunderlich Securities is bullish on Airgain Inc (NASDAQ: AIRG) as it started the coverage with a Buy rating and target price of $14, implying a potential return of 21 percent. Airgain is focusing on broader realm of IoT (Internet of Things) including residential gateways, connectivity peripherals,...
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Will Weakness In U.S. Auto Sales Be A Headwind For Sirius XM?
Friday, September 2, 2016 - 9:25am | 356Read More...According to the numbers released by Autodata on September 1, light vehicle units declined 4.2 percent in August, while the 2016 SAAR tracked at 16.98 million, as compared to 17.88 million in July. Wunderlich’s Matthew Harrigan maintains a Buy rating on Sirius XM Holdings Inc. (NASDAQ: SIRI...
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Consumer Demand Drives Q1 Upside Surprise For Smith & Wesson
Friday, September 2, 2016 - 8:48am | 317Read More...Smith & Wesson Holding Corp (NASDAQ: SWHC) reported its Q1 results ahead of expectations and raised its full-year guidance. The beat was driven by a surge in consumer demand as well as market share gains, Wunderlich’s Rommel Dionisio said in a report. He maintained a Buy rating on the...
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Wunderlich Confident Salesforce.com Issues Are Minor
Thursday, September 1, 2016 - 8:21am | 414Read More...Wunderlich has reiterated its Buy rating and $101 price target on salesforce.com, inc. (NYSE: CRM) following the company's better-than-expected second-quarter results. But, the shares fell 6 percent in Thursday's pre-market hours as investors fretted over the outlook. Earnings And Guidance...
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The 'Teenage Wasteland' Continues To Underperform; Wunderlich Stays Sidelined On Abercrombie
Wednesday, August 31, 2016 - 10:45am | 406Read More...Wunderlich has reiterated its Hold rating and $21 price target on Abercrombie & Fitch Co. (NYSE: ANF) following the second-quarter results that showed lack of traction in both the A&F and Hollister brands in addition to declining profitability trends. "Despite management's depiction of...
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Wunderlich Weighs In On Palo Alto Networks Guidance: 'More Leverage Than Meets The Eye'
Wednesday, August 31, 2016 - 10:14am | 397Read More...Wunderlich said Palo Alto Networks Inc (NYSE: PANW) has provided a conservative outlook for FY17 given the increased leverage from higher margin subscription revenues and deferred commission project that should boost EPS by $0.25. "As such, we believe there is upside to updated FY17 estimates. PANW...
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Accelerated Sales And Little Discounting Driving Smith & Wesson
Friday, August 26, 2016 - 7:51am | 345Read More...The US firearms industry continues to exhibit sharply accelerated sales, which should benefit Smith & Wesson Holding Corp (NASDAQ: SWHC) in the near term, Wunderlich’s Rommel Dionisio said in a report. He maintained a Buy rating on the company, with a price target of $34. U.S....
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Wunderlich On Hain: M&A And Management Changes To Drive Recovery From Share Price Plunge
Tuesday, August 23, 2016 - 10:14am | 376Read More...Last Monday, Hain Celestial Group Inc (NASDAQ: HAIN) announced it would miss prior forecasts in its earnings report, and delayed the reporting of their earnings release. The news quickly sent Hain shares down over 25 percent. Wunderlich's Take Wunderlich's Mitchell Pinheiro commented on Hain's...













