Information Provided By:
Fly News Breaks for February 24, 2020
Feb 24, 2020 | 08:11 EDT
Morgan Stanley Group Meetings at RSA Conference 2020 will be held in San Francisco on February 24-25.
May 19, 2022 | 17:24 EDT
Large, Mid & Small Cap Software Analyst Murphy discusses the CRM & VMW FQ1:2023 Partner Surveys on an Analyst/Industry conference call to be held on May 20 at 11 am.
May 19, 2022 | 09:54 EDT
Institutional investors and professional traders rely on The Fly to learn which companies the best analysts on Wall Street are saying to buy and sell. Research analysts at... To see the rest of the story go to See Story Here
May 19, 2022 | 12:16 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to See Story Here
May 19, 2022 | 09:03 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly. UP AFTER EARNINGS... To see the rest of the story go to See Story Here
May 19, 2022 | 08:16 EDT
Evercore ISI analyst Amit Daryanani lowered the firm's price target on Cisco to $50 from $62 and keeps an Outperform rating on the shares after the company reported April quarter results below expectations and gave a July quarter outlook that was "well below" Street expectations. Cisco attributed much of its shortfall to supply chain issues versus being demand related, but the bigger concern among investors is the pace of order degradation, according to Daryanani. He thinks much of the issues are around bad supply chain execution that, while frustrating, should prove transitory. Some of the missteps could end-up driving a more positive growth narrative for FY23 as comparisons ease and the supply chain starts to improve, added the analyst.
May 19, 2022 | 08:08 EDT
Mimecast announced the completion of its acquisition by funds advised by Permira for approximately $5.8 billion or $80.00 per share in cash. With the completion of the transaction, Mimecast's stock ceased trading and the company is no longer listed on any public market.
May 19, 2022 | 06:04 EDT
Piper Sandler analyst James Fish lowered the firm's price target on Cisco Systems to $43 from $57 and keeps a Neutral rating on the shares. The shares are down following one of the largest revenue misses in Cisco's history and a related guide-down as supply chain constraints tightened in April with Asia COVID shutdowns, Fish tells investors in a research note. The company's lead metrics are slowing and its growth segments either decelerated or declined and are clearly underperforming market rate growth, says the analyst.