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Initiation
Pure Storage assumed with an Equal Weight at Morgan Stanley » 08:33
01/20/22
01/20
08:33
01/20/22
08:33
PSTG

Pure Storage

$26.11 /

-0.4 (-1.51%)

Morgan Stanley analyst…

Morgan Stanley analyst Meta Marshall assumed coverage of Pure Storage (PSTG) with an Equal Weight rating with an unchanged price target of $33, stating that the firm's Q4 IT Hardware Value-Added Resellers survey points to supply chain improvement and reaccelerating cloud workload intentions. The survey results reflect her preference for secular growth as the market moves later in the cycle, which leads her to prefer Overweight-rated NetApp (NTAP) and Pure Storage, Marshall said. Value-Added Resellers expect growth to accelerate for NetApp and Pure Storage in 2022 and to decelerate for Nutanix (NTNX) and HP Enterprise (HPE), added Marshall.

ShowHide Related Items >><<
PSTG Pure Storage
$26.11 /

-0.4 (-1.51%)

PSTG Pure Storage
$26.11 /

-0.4 (-1.51%)

01/20/22 Morgan Stanley
NetApp assumed with an Overweight at Morgan Stanley
01/18/22 KeyBanc
Pure Storage transferred with Overweight at KeyBanc
12/31/21 Stifel
Pure Storage price target raised to $37 from $33 at Stifel
12/31/21 Stifel
HP Enterprise, Pure Storage among Stifel's top 2022 picks in tech supply chain
PSTG Pure Storage
$26.11 /

-0.4 (-1.51%)

PSTG Pure Storage
$26.11 /

-0.4 (-1.51%)

PSTG Pure Storage
$26.11 /

-0.4 (-1.51%)

Initiation
NetApp assumed with an Overweight at Morgan Stanley » 08:31
01/20/22
01/20
08:31
01/20/22
08:31
NTAP

NetApp

$89.36 /

-3.98 (-4.26%)

, PSTG

Pure Storage

$26.11 /

-0.4 (-1.51%)

, NTNX

Nutanix

$27.96 /

-0.145 (-0.52%)

, HPE

HP Enterprise

$16.74 /

-0.58 (-3.35%)

Morgan Stanley analyst…

Morgan Stanley analyst Meta Marshall assumed coverage of NetApp (NTAP) with an Overweight rating and a price target of $109, up from $98, stating that the firm's Q4 IT Hardware Value-Added Resellers survey points to supply chain improvement and reaccelerating cloud workload intentions. The survey results reflect her preference for secular growth as the market moves later in the cycle, which leads her to prefer NetApp and Equal-Weighted Pure Storage (PSTG), Marshall said. Value-Added Resellers expect growth to accelerate for NetApp and Pure Storage in 2022 and to decelerate for Nutanix (NTNX) and HP Enterprise (HPE), added Marshall.

ShowHide Related Items >><<
PSTG Pure Storage
$26.11 /

-0.4 (-1.51%)

NTNX Nutanix
$27.96 /

-0.145 (-0.52%)

NTAP NetApp
$89.36 /

-3.98 (-4.26%)

HPE HP Enterprise
$16.74 /

-0.58 (-3.35%)

NTAP NetApp
$89.36 /

-3.98 (-4.26%)

01/20/22 JPMorgan
NetApp price target raised to $115 from $110 at JPMorgan
01/19/22 Goldman Sachs
Cisco downgraded to Neutral from Buy at Goldman Sachs
01/14/22 Cowen
NetApp upgraded to Outperform from Market Perform at Cowen
12/13/21
Fly Intel: Top five analyst upgrades
PSTG Pure Storage
$26.11 /

-0.4 (-1.51%)

01/18/22 KeyBanc
Pure Storage transferred with Overweight at KeyBanc
12/31/21 Stifel
Pure Storage price target raised to $37 from $33 at Stifel
12/31/21 Stifel
HP Enterprise, Pure Storage among Stifel's top 2022 picks in tech supply chain
12/23/21 Deutsche Bank
Hertz, Nio among stocks added to Deutsche Bank's 'Fresh Money List'
NTNX Nutanix
$27.96 /

-0.145 (-0.52%)

01/18/22 KeyBanc
Nutanix initiated with an Overweight at KeyBanc
11/30/21 Susquehanna
Nutanix annual recurring revenue to hit $1B soon, says Susquehanna
11/24/21 Needham
Nutanix price target raised to $71 from $64 at Needham
11/18/21 OTR Global
Nutanix upgraded to Positive from Mixed at OTR Global
HPE HP Enterprise
$16.74 /

-0.58 (-3.35%)

01/20/22 JPMorgan
HP Enterprise price target raised to $20 from $18 at JPMorgan
01/04/22 Barclays
HP Enterprise upgraded to Overweight from Equal Weight at Barclays
PSTG Pure Storage
$26.11 /

-0.4 (-1.51%)

NTNX Nutanix
$27.96 /

-0.145 (-0.52%)

NTAP NetApp
$89.36 /

-3.98 (-4.26%)

HPE HP Enterprise
$16.74 /

-0.58 (-3.35%)

HPE HP Enterprise
$16.74 /

-0.58 (-3.35%)

PSTG Pure Storage
$26.11 /

-0.4 (-1.51%)

NTNX Nutanix
$27.96 /

-0.145 (-0.52%)

NTAP NetApp
$89.36 /

-3.98 (-4.26%)

HPE HP Enterprise
$16.74 /

-0.58 (-3.35%)

PSTG Pure Storage
$26.11 /

-0.4 (-1.51%)

NTNX Nutanix
$27.96 /

-0.145 (-0.52%)

NTAP NetApp
$89.36 /

-3.98 (-4.26%)

HPE HP Enterprise
$16.74 /

-0.58 (-3.35%)

Tuesday
Recommendations
Pure Storage transferred with Overweight at KeyBanc » 17:07
01/18/22
01/18
17:07
01/18/22
17:07
PSTG

Pure Storage

$26.52 /

-1.065 (-3.86%)

KeyBanc analyst Thomas…

KeyBanc analyst Thomas Blakey took over coverage of Pure Storage with an Overweight rating and $36 price target. The analyst said the rating reflects an in-line multiple with historical average, which could prove conservative given his above Street subscription revenue estimate.

ShowHide Related Items >><<
PSTG Pure Storage
$26.52 /

-1.065 (-3.86%)

PSTG Pure Storage
$26.52 /

-1.065 (-3.86%)

12/31/21 Stifel
Pure Storage price target raised to $37 from $33 at Stifel
12/31/21 Stifel
HP Enterprise, Pure Storage among Stifel's top 2022 picks in tech supply chain
12/23/21 Deutsche Bank
Hertz, Nio among stocks added to Deutsche Bank's 'Fresh Money List'
12/01/21 Susquehanna
Pure Storage price target raised to $36 from $33 at Susquehanna
PSTG Pure Storage
$26.52 /

-1.065 (-3.86%)

PSTG Pure Storage
$26.52 /

-1.065 (-3.86%)

PSTG Pure Storage
$26.52 /

-1.065 (-3.86%)

Over a week ago
Recommendations
OpenText price target lowered to $50 from $58 at Barclays » 07:06
01/12/22
01/12
07:06
01/12/22
07:06
OTEX

OpenText

$46.52 /

+0.45 (+0.98%)

Barclays analyst Raimo…

Barclays analyst Raimo Lenschow lowered the firm's price target on OpenText to $50 from $58 and keeps an Equal Weight rating on the shares. The analyst says the main question for software investors in 2022 is not around end demand ,as there are "no issues there," but the correct valuation level for the space. "Are we going back to the long term average, or should software bounce back to the more recent highs given the exciting structural growth profile? We are in the former camp," Lenschow tells investors in a research note.

ShowHide Related Items >><<
OTEX OpenText
$46.52 /

+0.45 (+0.98%)

OTEX OpenText
$46.52 /

+0.45 (+0.98%)

11/09/21 Craig-Hallum
Craig-Hallum downgraded Zix to Hold following acquisition announcement
11/09/21 Northland
Zix downgraded to Market Perform from Outperform at Northland
06/30/21 Barclays
OpenText downgraded to Equal Weight from Overweight at Barclays
02/05/21 Barclays
OpenText price target raised to $55 from $51 at Barclays
OTEX OpenText
$46.52 /

+0.45 (+0.98%)

OTEX OpenText
$46.52 /

+0.45 (+0.98%)

Recommendations
Upland Software price target lowered to $30 from $44 at Truist » 08:44
01/11/22
01/11
08:44
01/11/22
08:44
UPLD

Upland Software

$18.64 /

+0.545 (+3.01%)

Truist analyst Terry…

Truist analyst Terry Tillman lowered the firm's price target on Upland Software to $30 from $44 but keeps a Buy rating on the shares. The analyst is positive on the company's Objectif Lune acquisition as it brings more selling channels, operational synergies, and low-to-mid single digit organic growth at a reasonable multiple, but also lowers his price target to reflect the recent market volatility and multiple contraction in the software space.

ShowHide Related Items >><<
UPLD Upland Software
$18.64 /

+0.545 (+3.01%)

UPLD Upland Software
$18.64 /

+0.545 (+3.01%)

01/11/22 Craig-Hallum
Upland Software price target lowered to $22 from $32 at Craig-Hallum
01/11/22 Canaccord
Upland Software price target lowered to $30 from $35 at Canaccord
01/11/22 Raymond James
Upland Software price target lowered to $30 from $35 at Raymond James
01/06/22 Jefferies
Upland Software price target lowered to $20 from $30 at Jefferies
UPLD Upland Software
$18.64 /

+0.545 (+3.01%)

UPLD Upland Software
$18.64 /

+0.545 (+3.01%)

Recommendations
Upland Software price target lowered to $22 from $32 at Craig-Hallum » 08:14
01/11/22
01/11
08:14
01/11/22
08:14
UPLD

Upland Software

$18.64 /

+0.545 (+3.01%)

Craig-Hallum analyst Jeff…

Craig-Hallum analyst Jeff Van Rhee lowered the firm's price target on Upland Software to $22 from $32 to reflect valuation pressures from reduced peer valuations/comps, while keeping a Hold rating on the shares. The analyst notes that Upland has announced the acquisition of Objectif Lune.

ShowHide Related Items >><<
UPLD Upland Software
$18.64 /

+0.545 (+3.01%)

UPLD Upland Software
$18.64 /

+0.545 (+3.01%)

01/11/22 Canaccord
Upland Software price target lowered to $30 from $35 at Canaccord
01/11/22 Raymond James
Upland Software price target lowered to $30 from $35 at Raymond James
01/06/22 Jefferies
Upland Software price target lowered to $20 from $30 at Jefferies
11/04/21 Craig-Hallum
Upland downgraded to Hold at Craig-Hallum on churn issues, sales execution
UPLD Upland Software
$18.64 /

+0.545 (+3.01%)

UPLD Upland Software
$18.64 /

+0.545 (+3.01%)

Recommendations
Upland Software price target lowered to $30 from $35 at Canaccord » 07:44
01/11/22
01/11
07:44
01/11/22
07:44
UPLD

Upland Software

$18.64 /

+0.545 (+3.01%)

Canaccord analyst David…

Canaccord analyst David Hynes lowered the firm's price target on Upland Software to $30 from $35 and keeps a Buy rating on the shares. The analyst said he continues to see relative value here. His view remains that, with several quarters of steady execution, consistent communication of strategy, and prudent guidance/financial management, the stock should work nicely higher from here.

ShowHide Related Items >><<
UPLD Upland Software
$18.64 /

+0.545 (+3.01%)

UPLD Upland Software
$18.64 /

+0.545 (+3.01%)

01/11/22 Raymond James
Upland Software price target lowered to $30 from $35 at Raymond James
01/06/22 Jefferies
Upland Software price target lowered to $20 from $30 at Jefferies
11/04/21 Craig-Hallum
Upland downgraded to Hold at Craig-Hallum on churn issues, sales execution
11/04/21 Canaccord
Upland Software price target lowered to $35 from $48 at Canaccord
UPLD Upland Software
$18.64 /

+0.545 (+3.01%)

UPLD Upland Software
$18.64 /

+0.545 (+3.01%)

Recommendations
Upland Software price target lowered to $30 from $35 at Raymond James » 06:35
01/11/22
01/11
06:35
01/11/22
06:35
UPLD

Upland Software

/

+

Raymond James analyst…

Raymond James analyst Alexander Sklar lowered the firm's price target on Upland Software to $30 from $35 and keeps an Outperform rating on the shares. With the Objectif Lune acquisition getting Upland off to an early start in 2022 towards its targeted $40M-$50M of acquired revenue, Sklar thinks a more consistent quarterly beat and raise cadence should drive the stock price over the next 6-12 months, the analyst tells investors in a research note.

ShowHide Related Items >><<
UPLD Upland Software
/

+

UPLD Upland Software
/

+

01/06/22 Jefferies
Upland Software price target lowered to $20 from $30 at Jefferies
11/04/21 Craig-Hallum
Upland downgraded to Hold at Craig-Hallum on churn issues, sales execution
11/04/21 Canaccord
Upland Software price target lowered to $35 from $48 at Canaccord
11/04/21 Truist
Upland Software price target lowered to $44 from $65 at Truist
UPLD Upland Software
/

+

UPLD Upland Software
/

+

On The Fly
Fly Insider: Orbsat, Airbnb among week's notable insider trades » 15:02
01/10/22
01/10
15:02
01/10/22
15:02
CDLX

Cardlytics

$58.94 /

-2.18 (-3.57%)

, EVER

EverQuote

$15.63 /

+0.55 (+3.65%)

, OSAT

Orbsat

$4.12 /

+0.25 (+6.46%)

, SFIX

Stitch Fix

$18.04 /

-0.95 (-5.00%)

, ABNB

Airbnb

$159.41 /

-6.705 (-4.04%)

, AMKR

Amkor Technology

$23.34 /

-0.38 (-1.60%)

, DDOG

Datadog

$144.02 /

+0.21 (+0.15%)

, DLTR

Dollar Tree

$135.99 /

-4.88 (-3.46%)

Welcome to "Fly Insider,"…

ShowHide Related Items >><<
SFIX Stitch Fix
$18.04 /

-0.95 (-5.00%)

EVER EverQuote
$15.63 /

+0.55 (+3.65%)

DLTR Dollar Tree
$135.99 /

-4.88 (-3.46%)

DDOG Datadog
$144.02 /

+0.21 (+0.15%)

CDLX Cardlytics
$58.94 /

-2.18 (-3.57%)

AMKR Amkor Technology
$23.34 /

-0.38 (-1.60%)

ABNB Airbnb
$159.41 /

-6.705 (-4.04%)

CDLX Cardlytics
$58.94 /

-2.18 (-3.57%)

12/15/21 JPMorgan
Cardlytics price target lowered to $73 from $90 at JPMorgan
11/03/21 Craig-Hallum
Cardlytics price target lowered to $100 from $120 at Craig-Hallum
08/04/21 Craig-Hallum
Cardlytics price target lowered to $120 from $160 at Craig-Hallum
06/18/21
Fly Intel: Top five analyst initiations
EVER EverQuote
$15.63 /

+0.55 (+3.65%)

12/15/21 JPMorgan
EverQuote downgraded to Underweight from Neutral at JPMorgan
12/15/21 JPMorgan
EverQuote downgraded to Underweight from Neutral at JPMorgan
11/02/21 Raymond James
EverQuote price target lowered to $26 from $41 at Raymond James
11/02/21 Canaccord
EverQuote price target lowered to $25 from $30 at Canaccord
OSAT Orbsat
$4.12 /

+0.25 (+6.46%)

SFIX Stitch Fix
$18.04 /

-0.95 (-5.00%)

12/15/21 JPMorgan
Stitch Fix price target lowered to $20 from $25 at JPMorgan
12/08/21
Fly Intel: Top five analyst downgrades
12/08/21 BMO Capital
Stitch Fix price target lowered to $25 from $40 at BMO Capital
12/08/21 Wedbush
Stitch Fix price target lowered to $21 from $45 at Wedbush
ABNB Airbnb
$159.41 /

-6.705 (-4.04%)

01/10/22 Piper Sandler
Airbnb downgraded to Neutral from Overweight at Piper Sandler
01/07/22 Jefferies
Airbnb assumed with a Buy at Jefferies
12/16/21 RBC Capital
Airbnb downgraded to Sector Perform at RBC Capital on 'balanced' risk-reward
12/16/21 RBC Capital
Airbnb downgraded to Sector Perform from Outperform at RBC Capital
AMKR Amkor Technology
$23.34 /

-0.38 (-1.60%)

12/22/21 Sidoti
Amkor Technology initiated with a Buy at Sidoti
10/11/21 Credit Suisse
Amkor Technology downgraded to Neutral from Outperform at Credit Suisse
02/11/21 Citi
Amkor Technology price target raised to $15 from $13 at Citi
01/25/21 Citi
Citi moves Marvell up to pick in semiconductor equipment
DDOG Datadog
$144.02 /

+0.21 (+0.15%)

01/06/22 Jefferies
Datadog price target lowered to $200 from $230 at Jefferies
12/14/21 JPMorgan
Datadog downgraded to Underweight from Neutral at JPMorgan
12/14/21 JPMorgan
Datadog downgraded to Neutral from Overweight at JPMorgan
11/19/21
Fly Intel: Top five analyst upgrades
DLTR Dollar Tree
$135.99 /

-4.88 (-3.46%)

12/14/21 Piper Sandler
Dollar Tree response to Mantle Ridge 'fell flat,' says Piper Sandler
12/13/21 Wells Fargo
Mantle changes would be 'large wins' for Dollar Tree holders, says Wells Fargo
11/30/21
Fly Intel: Top five analyst downgrades
11/29/21 Goldman Sachs
Goldman Sachs downgrades Dollar Tree to Neutral, ups price target to $150
SFIX Stitch Fix
$18.04 /

-0.95 (-5.00%)

OSAT Orbsat
$4.12 /

+0.25 (+6.46%)

EVER EverQuote
$15.63 /

+0.55 (+3.65%)

DLTR Dollar Tree
$135.99 /

-4.88 (-3.46%)

DDOG Datadog
$144.02 /

+0.21 (+0.15%)

CDLX Cardlytics
$58.94 /

-2.18 (-3.57%)

AMKR Amkor Technology
$23.34 /

-0.38 (-1.60%)

ABNB Airbnb
$159.41 /

-6.705 (-4.04%)

  • 28
    May
  • 03
    Mar
SFIX Stitch Fix
$18.04 /

-0.95 (-5.00%)

DLTR Dollar Tree
$135.99 /

-4.88 (-3.46%)

AMKR Amkor Technology
$23.34 /

-0.38 (-1.60%)

ABNB Airbnb
$159.41 /

-6.705 (-4.04%)

SFIX Stitch Fix
$18.04 /

-0.95 (-5.00%)

EVER EverQuote
$15.63 /

+0.55 (+3.65%)

DLTR Dollar Tree
$135.99 /

-4.88 (-3.46%)

DDOG Datadog
$144.02 /

+0.21 (+0.15%)

CDLX Cardlytics
$58.94 /

-2.18 (-3.57%)

AMKR Amkor Technology
$23.34 /

-0.38 (-1.60%)

ABNB Airbnb
$159.41 /

-6.705 (-4.04%)

SFIX Stitch Fix
$18.04 /

-0.95 (-5.00%)

DLTR Dollar Tree
$135.99 /

-4.88 (-3.46%)

DDOG Datadog
$144.02 /

+0.21 (+0.15%)

AMKR Amkor Technology
$23.34 /

-0.38 (-1.60%)

ABNB Airbnb
$159.41 /

-6.705 (-4.04%)

Hot Stocks
Upland Software acquires Objectif Lune for $29M » 09:11
01/10/22
01/10
09:11
01/10/22
09:11
UPLD

Upland Software

$18.09 /

-0.06 (-0.33%)

Upland Software announced…

Upland Software announced that it has acquired Objectif Lune, an enterprise software company in document composition and business communication automation. The purchase price paid for Objectif Lune and related entities was $29M in cash at closing, paid out of cash on hand, and a $5.3M cash holdback payable in twelve months. Upland expects the acquisition to generate annual revenue of at least $13M, including at least $12M of recurring revenue, and will be subject to reductions for deferred revenue discount as a result of GAAP purchase accounting currently estimated at $4M for the remainder of 2022 and $1M for 2023. The price paid for the acquisition is within Upland's target range of 5-8x pro forma adjusted EBITDA and it is expected that Objectif Lune will generate at least $5.2M in adjusted EBITDA annually once fully integrated. The acquisition will be immediately accretive to Upland's adjusted EBITDA per share contributing at least $300,000 of adjusted EBITDA in the quarter ended March 31 and at least $2.6M of adjusted EBITDA for the full year 2022 ramping up quarterly as the acquisition is integrated into model across the calendar year.

ShowHide Related Items >><<
UPLD Upland Software
$18.09 /

-0.06 (-0.33%)

01/06/22 Jefferies
Upland Software price target lowered to $20 from $30 at Jefferies
11/04/21 Craig-Hallum
Upland downgraded to Hold at Craig-Hallum on churn issues, sales execution
11/04/21 Canaccord
Upland Software price target lowered to $35 from $48 at Canaccord
11/04/21 Truist
Upland Software price target lowered to $44 from $65 at Truist
UPLD Upland Software
$18.09 /

-0.06 (-0.33%)

UPLD Upland Software
$18.09 /

-0.06 (-0.33%)

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