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PSTG

Pure Storage

$12.23

-0.15 (-1.21%)

, EMC

EMC

09:03
10/19/16
10/19
09:03
10/19/16
09:03

Pure Storage, EMC settle all litigation

Pure Storage (PSTG) and EMC (EMC) have agreed to settle all litigation between the two companies. The specific terms of the settlement are confidential, but include a payment to Dell, the dismissal of all litigation between the parties, mutual releases and a license to the disputed patent.

PSTG

Pure Storage

$12.23

-0.15 (-1.21%)

EMC

EMC

  • 12

    Dec

PSTG Pure Storage
$12.23

-0.15 (-1.21%)

08/31/16
OPCO
08/31/16
UPGRADE
Target $15
OPCO
Outperform
Pure Storage upgraded to Outperform from Perform at Oppenheimer
Oppenheimer analyst Ittai Kidron upgraded Pure Storage to Outperform saying "too much negativism" is priced into the shares at current levels. The analyst believes FlashBlade can more than double Pure's addressable market longer term. Kidron set a $15 price target for the shares.
08/31/16
08/31/16
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. PNC Financial (PNC) upgraded to Outperform from Market Perform at Keefe Bruyette after transferring coverage to analyst Brian Klock. The analyst views the current valuation as attractive and sees opportunity for multiple expansion given PNC's diversified revenue stream. He upped the price target for the shares to $96 from $93. 2. Banco Santander (SAN) upgraded to Buy from Hold at Deutsche Bank, citing strong earnings momentum and an attractive valuation. 3. Pure Storage (PSTG) upgraded to Outperform from Perform at Oppenheimer by analyst Ittai Kidron, who thinks "too much negativism" is priced into the shares at current levels. The analyst believes FlashBlade can more than double Pure's addressable market longer term. Kidron set a $15 price target for the shares. 4. Digital Turbine (APPS) upgraded to Buy from Neutral at Ladenburg Thalmann, as analyst Jon Hickman believes new partner roll-outs in 2017 should improve revenue growth. The analyst raised his price target for the shares to $2.35 from $1.15. 5. Celadon Group (CGI) upgraded to Outperform from Market Perform at Avondale. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/01/16
PACS
09/01/16
NO CHANGE
PACS
Pure Storage has reached attractive entry point, says Pacific Crest
After meeting with Pure Storage's CEO, Pacific Crest analyst Alex Kurtz is more upbeat on the impact of the company's FlashBlade product on its large enterprise sales. The analyst thinks that the company's operating spending should flatten in 4Q17, while its rep yield should continue to expand at that time. Kurtz keeps an Overweight rating.
10/18/16
JPMS
10/18/16
INITIATION
Target $13
JPMS
Neutral
Pure Storage initiated with a Neutral at JPMorgan
JPMorgan analyst Rod Hall started Pure Storage with a Neutral rating and $13 price target. The company's growth prospects are largely captured in consensus estimates, Hall tells investors in a research note.
EMC EMC

07/26/16
SBSH
07/26/16
INITIATION
Target $32.09
SBSH
Neutral
EMC resumed with a Neutral at Citi
Citi analyst Jim Suva resumed coverage of EMC (EMC) with a Neutral rating and $32.09 price target. The target is based on the shareholder agreed pending acquisition price of $32.09 calculated as $24.05 cash per share plus the tracking stock linked to a portion of EMC's economic interest in the VMware (VMW) business.
07/26/16
07/26/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: Adobe (ADBE) initiated with an Overweight at Piper Jaffray. 2. EMC (EMC) resumed with a Neutral at Citi. 3. Gulfport Energy (GPOR) initiated with a Peer Perform at Wolfe Research. 4. Energy Transfer Equity (ETE) reinstated with an Outperform at Credit Suisse. 5. DDR Corp. (DDR) initiated with an Outperform at Raymond James. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/29/16
BERN
07/29/16
DOWNGRADE
BERN
Market Perform
EMC downgraded to Market Perform from Outperform at Bernstein
09/01/16
HDLY
09/01/16
DOWNGRADE
HDLY
Neutral
EMC downgraded to Neutral from Long-Term Buy at Hilliard Lyons
Hilliard Lyons analyst Stephen Turner downgraded EMC to Neutral.

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SFM

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GPMT

Granite Point Mortgage

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GPMT

Granite Point Mortgage

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MDSO

Medidata

$80.25

4.25 (5.59%)

09:42
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LPI

Laredo Petroleum

09:41
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IFF

International Flavors

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GPMT

Granite Point Mortgage

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LGF.A

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NGD

New Gold

, GILD

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TWTR

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LGF

Use LGF.A, LGF.B

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INN

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IMGN

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ETSY

Etsy

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CAT

Caterpillar

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HQY

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