Wall St. gains with healthcare, upbeat auto sales

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Product Refresh and Security Sales Drives Strong 1Q for Infoblox (BLOX); Piper Jaffray Reiterates Overweight

December 1, 2015 8:06 AM EST

Piper Jaffray reiterated an Overweight rating and $30.00 price target on Infoblox (NYSE: BLOX) following the company's 1Q earnings report. Revenue of $94.0M came in well above consensus of $87.6M, and managements guided range of $86.0-$88.0M. Continued acceleration in product growth was the primary... More

Mattress Firm (MFRM) Announces Acquisition of Sleepy's; Piper Jaffray Raises Price Target to $55.00

December 1, 2015 7:48 AM EST

Piper Jaffray reiterated a Neutral rating on Mattress Firm Holding Corp. (NASDAQ: MFRM), and raised the price target to $55.00 (from $47.00), following the company's announcement of the acquisition of Sleepy's, along side a positive pre-announcement of Q3 sales and EPS. Following the acquisition, MFRM will be the leader in mattress retailing with over 20% market share, and with national scale for... More