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PVTL

Pivotal Software

$15.47

-0.02 (-0.13%)

17:18
12/19/18
12/19
17:18
12/19/18
17:18

Pivotal Software awarded $100.12M Air Force follow-on agreement

Pivotal Software has been awarded a $100.12M fixed-base, production-other-transaction agreement for support of the Kessel Run Experimentation Lab and will utilize the prototyped methodology and the software and services that support them across the entire Air Force enterprise architectures. Work will be performed in Massachusetts and Washington D.C. and is expected to be completed by December 18, 2019. This award is the result of a sole-source acquisition. FY19 operations and maintenance funds in the amount of $10.62M; and FY18 research, development, test and evaluation funds in the amount of $764,500 are being obligated at the time of award. This contract is a follow-on to the successful prototype contract between Pivotal Software and the Army Contracting Command-New Jersey. Air Force Life Cycle Management is the contracting activity.

  • 19

    Dec

  • 20

    Dec

PVTL Pivotal Software
$15.47

-0.02 (-0.13%)

10/22/18
NEED
10/22/18
INITIATION
Target $25
NEED
Buy
Pivotal Software initiated with a Buy at Needham
Needham analyst Jack Andrews initiated Pivotal Software with a Buy and $25 price target.
10/23/18
NEED
10/23/18
INITIATION
NEED
Buy
Red Hat, Pivotal Software, ServiceNow initiated with a Buy at Needham
As reported earlier, Needham analyst Jack Andrews initiated Red Hat (RHT), Pivotal Software (PVTL), and ServiceNow (NOW) with Buy ratings as part of his broader research note on select cloud-driven infrastructure software companies. The analyst notes that he expects new proprietary applications to generate rapid growth of cloud-based workloads, making the "platform as a service", or PaaS, market "one of the fastest growing segments in the technology stack". Andrews also points out that in addition to allowing "enterprises to run machine learning and deep learning algorithms in order to glean insights on how to improve customer experiences", a unique characteristic of infrastructure software companies is their pricing model driven by "per compute" or "consumption basis". The analyst contends that this makes them an attractive investment as "an infrastructure software vendor can maintain a long tail of growth within an enterprise by continuing to add licenses". Andrews assigns Red Hat a price target of $183, Pivotal Software a target of $25, and ServiceNow a price target of $224.
10/29/18
MSCO
10/29/18
NO CHANGE
MSCO
IBM deal reinforces Morgan Stanley confidence in Hybrid Cloud emergence
After IBM (IBM) announced its intention to acquire Red Hat (RHT) for about $34B in a deal with an over 60% premium to Red Hat's Friday closing price, Morgan Stanley analyst Keith Weiss said the announcement reinforced both his confidence in the emergence of Hybrid Cloud architectures and the strength of IT spending into 2019. Red Hat has been Microsoft's (MSFT) primary competitor within server operating systems, and has generally been taking share, said Weiss, who thinks the longer-term opportunity or threat for Microsoft hinges on the ability of IBM to execute well and maintain the open source enthusiasm around the Red Hat distributions. For VMware (VMW) and Pivotal Software (PVTL), while Weiss sees little near-term impact, he adds that the proposed combination would likely result in a fiercer competitive environment going forward. For New Relic (NEWR), he sees little direct competitive impacts from the proposed merger. Given HortonWorks' (HDP) strong existing ties to IBM, Cloudera (CLDR) could benefit by becoming a preferred data management vendor within the OpenShift ecosystem, Weiss added.
12/12/18
NEED
12/12/18
NO CHANGE
Target $28
NEED
Buy
Pivotal Software price target raised to $28 from $25 at Needham
Needham analyst Jack Andrews raised his price target on Pivotal Software to $28 and kept his Buy rating after its "solid" Q3 results. The analyst notes that the demand for the company's platform is seen as "robust" with "more blue chip customers willing to adopt new technologies to become software-first". Andrews further cites the inflection in the platform usage patterns indicating that a "majority of development centers around modernization of legacy applications", making Pivotal Software a "vital bridge in an enterprise's transition" toward creating "value-added applications".

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TELNY

Telenor

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UN

Unilever; also tag UL

$59.71

1.25 (2.14%)

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Unilever; also tag UN

$59.40

1 (1.71%)

06:14
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Periodicals
Unilever cuts prices in U.S. amid shampoo rivalry with P&G, WSJ reports »

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UN

Unilever; also tag UL

$59.71

1.25 (2.14%)

UL

Unilever; also tag UN

$59.40

1 (1.71%)

PG

Procter & Gamble

$116.77

0.3 (0.26%)

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NTRA

Natera

$36.30

-2.915 (-7.43%)

06:14
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Syndicate
Natera 5.71M share Secondary priced at $35.00 »

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NTRA

Natera

$36.30

-2.915 (-7.43%)

06:14
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Syndicate
Natera 5.714M share Secondary priced at $35.00 »

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  • 17

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NFLX

Netflix

$286.83

2.59 (0.91%)

, DIS

Disney

$130.95

1.18 (0.91%)

06:12
10/17/19
10/17
06:12
10/17/19
06:12
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Macquarie downgrades Netflix to Neutral on slowing U.S. growth »

Macquarie analyst Tim…

NFLX

Netflix

$286.83

2.59 (0.91%)

DIS

Disney

$130.95

1.18 (0.91%)

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NFLX

Netflix

$286.83

2.59 (0.91%)

06:12
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06:12
Recommendations
Netflix analyst commentary  »

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  • 29

    Oct

MUX

McEwen Mining

$1.50

0.015 (1.01%)

06:12
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10/17
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06:12
Hot Stocks
McEwen Mining reports Q3 production 45,930 gold equivalent ounces »

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WLL

Whiting Petroleum

$6.65

-0.07 (-1.04%)

06:11
10/17/19
10/17
06:11
10/17/19
06:11
Upgrade
Whiting Petroleum rating change  »

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IGLD

Internet Gold

$18.90

(0.00%)

06:08
10/17/19
10/17
06:08
10/17/19
06:08
Hot Stocks
Internet Gold sees Searchlight Transaction closing on November 7 »

Internet Gold announced,…

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STI

SunTrust

$68.28

0.23 (0.34%)

06:07
10/17/19
10/17
06:07
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06:07
Earnings
SunTrust reports Q3 EPS $1.34, consensus $1.41 »

Reports Q3 revenue…

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  • 17

    Oct

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ERIC

Ericsson

$8.63

0.175 (2.07%)

06:07
10/17/19
10/17
06:07
10/17/19
06:07
Conference/Events
Ericsson to host investor update conference call »

Conference call to be…

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  • 17

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UNTY

Unity Bancorp

$21.12

-0.45 (-2.09%)

06:06
10/17/19
10/17
06:06
10/17/19
06:06
Earnings
Breaking Earnings news story on Unity Bancorp »

Unity Bancorp reports Q3…

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F

Ford

$9.06

-0.02 (-0.22%)

, AMZN

Amazon.com

$1,777.43

8.73 (0.49%)

06:06
10/17/19
10/17
06:06
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06:06
Hot Stocks
Ford introduces North America's largest electric vehicle charging network »

Ford (F) is offering its…

F

Ford

$9.06

-0.02 (-0.22%)

AMZN

Amazon.com

$1,777.43

8.73 (0.49%)

03/08/13
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CREE

Cree

$47.37

-1.38 (-2.83%)

06:06
10/17/19
10/17
06:06
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06:06
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Cree analyst commentary  »

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WNS

WNS Holdings

$60.62

0.85 (1.42%)

06:04
10/17/19
10/17
06:04
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06:04
Earnings
WNS Holdings sees FY20 adjusted EPS $2.93-$3.08, consensus $2.88 »

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  • 17

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WNS

WNS Holdings

$60.62

0.85 (1.42%)

06:03
10/17/19
10/17
06:03
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06:03
Earnings
WNS Holdings reports Q2 adjusted EPS 79c, consensus 67c »

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CMA

Comerica

$65.50

-1.505 (-2.25%)

06:02
10/17/19
10/17
06:02
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06:02
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FNB

F.N.B.

$12.02

0.09 (0.75%)

06:01
10/17/19
10/17
06:01
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06:01
Earnings
F.N.B. reports Q3 EPS 31c, consensus 29c »

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  • 17

    Oct

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$298.46

-0.44 (-0.15%)

05:58
10/17/19
10/17
05:58
10/17/19
05:58
General news
Boris Johnson announces 'great new' Brexit deal »

Prime Minister of the…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$298.46

-0.44 (-0.15%)

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SPX

S&P 500

$0.00

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, SPY

SPDR S&P 500 ETF Trust

$298.46

-0.44 (-0.15%)

05:55
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05:55
General news
European Commission President says Brexit deal has been reached »

President of the European…

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S&P 500

$0.00

(0.00%)

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SPDR S&P 500 ETF Trust

$298.46

-0.44 (-0.15%)

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WEGRY

Weir Group

$0.00

(0.00%)

05:51
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Weir Group rating change  »

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SPHHF

Sophos Group

$0.00

(0.00%)

05:50
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05:50
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ASOMY

Asos

$0.00

(0.00%)

05:49
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Asos upgraded to Hold…

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  • 21

    Oct

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BC

Brunswick

$55.47

0.46 (0.84%)

05:48
10/17/19
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05:48
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  • 24

    Oct

BBT

BB&T

$53.00

0.25 (0.47%)

05:47
10/17/19
10/17
05:47
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05:47
Earnings
BB&T reports Q3 adj. EPS $1.07, consensus $1.03 »

Reports Q3 revenue $3B,…

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  • 17

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