F5 Networks, Inc. (NASDAQ:FFIV): Deutsche Bank lowered its estimates and price target for F5 Networks after its latest research indicated macro weakness is influencing large enterprise IT spending and product upgrades. However, the firm believes F5’s secular growth story is intact and keeps a Buy rating on the name.
Epocrates, Inc. (NASDAQ:EPOC): Piper Jaffray views the current valuation of Epocrates shares as compelling and believes the move towards e-promo spending in pharma should benefit the company’s top-line growth. Piper reiterates an Overweight rating on the stock with a $12 price target.
NetApp, Inc. (NASDAQ:NTAP): Piper Jaffray says its confidence in NetApp has not changed despite the company’s weak Q1 outlook. Piper still believes NetApp’s three new product cycles will drive margin expansion and market share gains, but lowered its price target for shares to $35 from $49 following the company’s Q4 results. Piper views pullback in shares as providing an attractive entry point and reiterates an Overweight rating on the name.
Amarin Corporation plc (NASDAQ:AMRN): Jefferies believes Amarin’s AMR101 maintains significant advantages over Epanova after Omthera yesterday morning announced top-line results from its Phase 3 EVOLVE study of Epanova. The firm says it remains positive on AMR101’s commercial prospects and keeps a Buy rating on Amarin with a $24 price target.
United Online, Inc. (NASDAQ:UNTD): Benchmark Co. believes shares of United Online are currently assigning no value to the company’s Content & Media and Communications segments. Further, the firm believes the company’s dividend, which represents a yield over 10% currently, is sustainable for at least another 18 months. Benchmark Co. keeps a Buy rating on shares of United Online with a $6.50 price target.
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