Carbonite (CARB) Tops Q2 EPS by 1c; Issues Better-than-Expected Outlook

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/30/2026

1. INTC
2. AMZN
3. PINS
4. COIN
5. RDDT
6. FSLR
7. SYK
8. MA
9. FND
10. DASH

Go back to Carbonite (CARB) Tops Q2 EPS by 1c; Issues Better-than-Expected Outlook

BofA/Merrill Lynch Downgrades Carbonite (CARB) to Underperform

July 30, 2014 7:28 AM EDT

BofA/Merrill Lynch downgraded Carbonite (NASDAQ: CARB) from Neutral to Underperform with a price target of $9.00 (from $12.00) despite better than expected Q2 results and outlook. The firm is citing concern about transition to SMB.

Analyst Scott Shiao said , "... we are surprised that... More