Latest news with #PatrickColville
Business Insider
28-05-2025
- Business
- Business Insider
Informatica (INFA) Receives a Hold from Wells Fargo
Wells Fargo analyst Andrew Nowinski maintained a Hold rating on Informatica (INFA – Research Report) yesterday and set a price target of $25.00. The company's shares closed yesterday at $23.92. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Nowinski covers the Technology sector, focusing on stocks such as Check Point, Gen Digital, and Fortinet. According to TipRanks, Nowinski has an average return of 16.4% and a 55.60% success rate on recommended stocks. In addition to Wells Fargo, Informatica also received a Hold from Scotiabank's Patrick Colville in a report issued yesterday. However, on the same day, Guggenheim reiterated a Buy rating on Informatica (NYSE: INFA).
Yahoo
22-05-2025
- Business
- Yahoo
Scotiabank Reaffirms $225 Target for Palo Alto Networks After Solid Q3 Results
Scotiabank reaffirmed its Sector Outperform rating and $225 price target for Palo Alto Networks Inc. (NASDAQ:PANW) on May 21, following the company's financial results for the fiscal third quarter of 2025. Analyst Patrick Colville praised the company's performance, noting that the in-line F3Q Remaining Performance Obligations print was excellent, particularly given the external economic pressures. Colville emphasized that Scotiabank's positive outlook for the firewall market in 2025 is consistent with Palo Alto Networks' product revenue growth. Since a number of investors base Palo Alto Networks' valuation on FCF multiples, management's affirmation of its fiscal year 2026 and 2027 targets was also taken as a positive sign. Scotiabank regards Palo Alto Networks Inc. (NASDAQ:PANW) as one of the most attractive long-term investments in the software industry. The firm credits Palo Alto's core operations' resilience, the benefits of vendor consolidation, and the growing traction in the use of Secure Access Service Edge (SASE) solutions and cloud-based security offerings as key factors contributing to this strength. Colville did, however, caution that the F4Q RPO guidance suggests a potential obstacle, as a significant change in net new RPO growth year-over-year is anticipated. While we acknowledge the potential of PANW to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PANW and that has 100x upside potential, check out our report about the cheapest AI stock. Read Next: and Disclosure: None.
Yahoo
08-05-2025
- Business
- Yahoo
Qualys price target raised to $142 from $140 at Scotiabank
Scotiabank analyst Patrick Colville raised the firm's price target on Qualys (QLYS) to $142 from $140 and keeps a Sector Perform rating on the shares. The company delivered a 'good enough' Q1, which was a positive after its close peer Tenable's (TENB) 'disappointment' last week, the analyst tells investors. While the firm appreciates the company's continued capital return in Q1, Scotiabank would like to see evidence of a ramp from newer products before getting more positive on the shares. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on QLYS: Disclaimer & DisclosureReport an Issue Qualys price target lowered to $145 from $160 at Wedbush Qualys price target raised to $140 from $135 at Baird Qualys price target raised to $140 from $131 at RBC Capital Qualys Receives Buy Rating Due to Strong Financial Performance and Strategic Growth Initiatives Qualys price target lowered to $158 from $163 at Canaccord Sign in to access your portfolio
Yahoo
08-05-2025
- Business
- Yahoo
Datadog price target raised to $130 from $125 at Scotiabank
Scotiabank analyst Patrick Colville raised the firm's price target on Datadog (DDOG) to $130 from $125 and keeps an Outperform rating on the shares. The company reported a nice Q1 beat and raise on the top line, the analyst tells investors. The firm recently selected the stock as its 'Top Offensive Pick' in Software and now has renewed confidence that if the macro headline risks stabilize, Datadog should be one of the stocks to rush back into. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on DDOG: Disclaimer & DisclosureReport an Issue Datadog price target lowered to $140 from $155 at Wedbush Datadog price target raised to $138 from $136 at BofA Datadog price target raised to $125 from $120 at UBS Datadog price target lowered to $135 from $175 at Baird Datadog price target lowered to $115 from $140 at Wells Fargo Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-05-2025
- Business
- Yahoo
Tenable price target lowered to $30 from $45 at Scotiabank
Scotiabank analyst Patrick Colville lowered the firm's price target on Tenable (TENB) to $30 from $45 and keeps a Sector Perform rating on the shares. The company recently reported Q1 results with billings in-line with expectations, but also cut its guidance for FY25, the analyst tells investors. While there is 'a lot to like' about the company, the firm remains on the sidelines. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on TENB: Disclaimer & DisclosureReport an Issue Tenable price target lowered to $40 from $44 at Baird Tenable price target lowered to $40 from $47 at UBS Tenable price target lowered to $30 from $45 at Stifel Tenable price target lowered to $42 from $50 at Cantor Fitzgerald Tenable price target lowered to $40 from $52 at Wedbush Sign in to access your portfolio
