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CRAY

Cray

$21.18

0.05 (0.24%)

05:40
10/17/16
10/17
05:40
10/17/16
05:40

Cray sells second Cray XC supercomputer to PGS

Cray announced that PGS purchased a new 12-cabinet Cray XC supercomputer. PGS, a worldwide oil-and-gas company and a leader in marine seismology, also added an additional 2.8 petabytes of capacity to its Cray Sonexion storage system. In March 2015, PGS purchased a 5-petaflops Cray XC supercomputer and a Cray Sonexion storage solution.

CRAY Cray
$21.18

0.05 (0.24%)

07/07/16
CHLM
07/07/16
NO CHANGE
Target $30
CHLM
Hold
Cray change in Cori timeline poses risk to FY16 results, says Craig-Hallum
Craig-Hallum analyst Chad Bennett noted that Cray updated the timeline for its Cori project, which he calls "the largest and highest-profile contract" for the company in the second half of this year. The fact that the timeline has been pushed out is "one more data point" confirming his suspicion that component delays are material and that there is risk to the company's revenue guidance for 2016, Bennett tells investors. The firm has a Hold rating and $30 price target on Cray shares.
07/28/16
PACS
07/28/16
INITIATION
Target $41
PACS
Overweight
Cray initiated with an Overweight at Pacific Crest
Pacific Crest analyst Alex Kurtz started Cray with an Overweight rating and $41 price target.
07/28/16
07/28/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Cray (CRAY) initiated with an Overweight at Pacific Crest. 2. Fate Therapeutics (FATE) assumed with a Buy at H.C. Wainwright. 3. Super Micro Computer (SMCI) initiated with a Sector Weight at Pacific Crest. 4. Stamps.com (STMP) re-initiated with a Buy at Roth Capital. 5. Ormat Technologies (ORA) initiated with a Buy at Roth Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/12/16
PACS
08/12/16
NO CHANGE
PACS
Cray has positive read through from Silicon Graphics deal, says Pacific Crest
Pacific Crest analyst Alex Kurtz says that HP Enterprise's (HPE) acquisition of Silicon Graphics International (SGI) "is good for the market and signals high-performance computing's growing impact on government and commercial markets. " The analyst says that HP Enterprise and Silicon Graphics do not, for the most part, compete directly with Cray, and he thinks that HP Enteprrise could be less aggressive on price than Silicon Graphics has been. The analyst keeps an Overweight rating on Cray.

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$DJT

DJ Transportation Average

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DJX

Dow Jones Industrial Average

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AXON

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