Raymond James reiterated coverage on Absolute Software with a new price target
$ABST
Raymond James reiterated coverage of Absolute Software with a rating of Outperform and set a new price target of $19.00 from $18.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/9/2022 | $11.00 → $13.00 | Hold → Buy | TD Securities |
| 2/9/2022 | $19.00 → $16.00 | Outperform | Raymond James |
| 8/11/2021 | $22.00 → $15.00 | Buy → Hold | TD Securities |
| 8/11/2021 | $18.00 → $19.00 | Outperform | Raymond James |
15-12G - ABSOLUTE SOFTWARE CORP (0001071058) (Filer)
S-8 POS - ABSOLUTE SOFTWARE CORP (0001071058) (Filer)
S-8 POS - ABSOLUTE SOFTWARE CORP (0001071058) (Filer)
SC 13G/A - ABSOLUTE SOFTWARE CORP (0001071058) (Subject)
SC 13G/A - ABSOLUTE SOFTWARE CORP (0001071058) (Subject)
SC 13G/A - ABSOLUTE SOFTWARE CORP (0001071058) (Subject)
Absolute Software Corporation (NASDAQ:ABST) (TSX:ABST) ("Absolute" or the "Company") is pleased to announce that its Securityholders (as defined below) have approved the acquisition of all of the outstanding shares of the Company (the "Shares") by 1414364 B.C. LTD., an affiliate of Crosspoint Capital Partners, L.P. ("Crosspoint"), by way of a statutory plan of arrangement (the "Transaction" or the "Arrangement") at the special meeting of Securityholders held today (the "Meeting"). The special resolution approving the Arrangement was approved by: (i) 94.20% of the votes cast by the shareholders of the Company (the "Shareholders") present in person or represented by proxy at the Meeting, (ii)
Edenbrook Capital, LLC, one of the largest public shareholders of Absolute Software, with ownership of approximately 10.38% of the company, today announced that it has delivered the following letter to the Absolute Board of Directors.
Upgrades According to Macquarie, the prior rating for Lufax Holding Ltd (NYSE:LU) was changed from Underperform to Outperform. For the fourth quarter, Lufax Holding had an EPS of $0.05, compared to year-ago quarter EPS of $0.19. The current stock performance of Lufax Holding shows a 52-week-high of $7.05 and a 52-week-low of $1.26. Moreover, at the end of the last trading period, the closing price was at $1.64. Barrington Research upgraded the previous rating for Warner Bros. Discovery Inc (NASDAQ:WBD) from Market Perform to Outperform. For the first quarter, Warner Bros. Discovery had an EPS of $0.44, compared to year-ago quarter EPS of $0.69. The current stock performance of Warner Bros
4 - ABSOLUTE SOFTWARE CORP (0001071058) (Issuer)
4 - ABSOLUTE SOFTWARE CORP (0001071058) (Issuer)
4 - ABSOLUTE SOFTWARE CORP (0001071058) (Issuer)
Absolute Software Corporation (NASDAQ:ABST) (TSX:ABST), the only provider of self-healing, intelligent security solutions, today announced that at its annual general meeting of shareholders held on December 7, 2022 (the "Meeting") each of the seven nominees listed below, and discussed further in Absolute's management information circular dated October 25, 2022 (the "Circular"), were elected as directors. The voting results for each director are as follows: For % Lynn Atchison 23,533,401 90.97% Andre Mintz 24,626,607 95.20% Gregory Monahan 17,668,929 68.30% Daniel Ryan 23,378,289 90.38% Salvatore Vis
Absolute Software™ (NASDAQ:ABST) (TSX:ABST), the only provider of self-healing, intelligent security solutions, announced today that Matthew Schoenfeld has accepted the position of President at a privately-held company and will resign from Absolute effective November 4, 2022. The company also announced Mark Grace has been promoted from EVP, Channel and Business Development to Chief Revenue Officer (CRO) to help drive the company's next phase of growth and oversee all sales, Channel and customer experience. "I'd like to thank Matthew for his contributions to Absolute. Over the past five quarters, Matthew has had a significant impact our on our go-to-market team. I have appreciated his leade
Absolute Software Corporation (NASDAQ:ABST) (TSX:ABST), a leader in self-healing Zero Trust solutions, today announced that at its annual general meeting of shareholders held on December 14, 2021 (the "Meeting") each of the seven nominees listed below and discussed further in Absolute's management information circular dated November 15, 2021 (the "Circular"), were elected as directors. The voting results for each director are as follows: For % Lynn Atchison 25,187,167 87.92% Andre Mintz 28,620,318 99.90% Gregory Monahan 26,554,862 92.69% Daniel Ryan 25,130,531 87.72% Salvatore Visca 25,287,928 88.27% Gerhard
Transaction enables the company to capitalize on the tailwinds of cybersecurity resilience and distributed workforces Absolute Software™ (NASDAQ:ABST) (TSX:ABST) ("Absolute" or the "Company"), the only provider of self-healing, intelligent security solutions, today announced the successful completion of its acquisition by an affiliate of Crosspoint Capital Partners, LP (Crosspoint Capital), a leading private equity investment firm focused on the cybersecurity, privacy and infrastructure software markets. On May 11, 2023, an affiliate of Crosspoint Capital and Absolute Software announced that they had entered into a definitive agreement pursuant to which an affiliate of Crosspoint Capita
Leading Industry Analyst Firm Provides Guidance on Core and Extended Zero Trust Platform Use Cases Absolute Software™ (NASDAQ:ABST) (TSX:ABST), the only provider of self-healing, intelligent security solutions, today announced that Forrester, an industry-leading analyst firm, has recognized Absolute in its recent report, The Zero Trust Platforms Landscape, Q2 2023. The publication advises readers on what Zero Trust platforms are, the business value they deliver, and on the dynamics and vendors driving the market. The report also highlights how organizations can discover how to "use Zero Trust platforms to unite disparate security tools, apply effective security controls across hybrid bu
Marks fourteenth consecutive quarter as highly rated Endpoint Management solution provider and fourth consecutive quarter as leading Zero Trust Networking provider Absolute Software™ (NASDAQ:ABST) (TSX:ABST), the only provider of intelligent, self-healing security solutions, today announced that it has been named a Leader in the Summer 2023 Grid® Reports for Endpoint Management and Zero Trust Networking published by G2, the world's largest and most trusted software marketplace. This marks the fourteenth consecutive quarter that Absolute Secure Endpoint has ranked in the highest quadrant for Endpoint Management solution, and the fourth consecutive quarter that Absolute Secure Access has
MOUNT KISCO, N.Y., June 6, 2023 /PRNewswire/ -- Edenbrook Capital, LLC (together with its affiliates, "Edenbrook"), one of the largest public shareholders of Absolute Software Corporation (NASDAQ:ABST, TSX:ABST) ("Absolute" or "the Company"), with ownership of approximately 10.38% of the company, today announced that it has delivered the following letter to the Absolute Board of Directors. June 6, 2023 Dan RyanChairman of the BoardAbsolute Software CorporationSuite 1400Four Bentall Centre, 1055 Dunsmuir StreetVancouver, British Columbia, CanadaV7X 1K8 Dear Dan: Our
MOUNT KISCO, N.Y., May 18, 2023 /PRNewswire/ -- Edenbrook Capital, LLC (together with its affiliates, "Edenbrook"), one of the largest public shareholders of Absolute Software Corporation (NASDAQ:ABST, TSX:ABST) ("Absolute" or "the Company"), with ownership of approximately 10.38% of the company, today announced that it has delivered the following letter to the Absolute Board of Directors. May 18, 2023 Dan RyanChairman of the BoardAbsolute Software CorporationSuite 1400Four Bentall Centre, 1055 Dunsmuir StreetVancouver, British Columbia, CanadaV7X 1K8 Dear Dan: Our
Steady Growth and Improved Profitability Drive Cash Flow of $14 Million USD Absolute Software Corporation (NASDAQ:ABST) (TSX:ABST) (the "Company"), the only provider of self-healing, intelligent security solutions, today announced its financial results for its third quarter fiscal 2023 ended March 31, 2023. All dollar figures are stated in U.S. dollars, unless otherwise indicated. THIRD QUARTER FISCAL 2023 ("Q3 F2023") OVERVIEW Key Financial Metrics Revenue was $58.8 million for Q3 F2023, an increase of 13% compared to Q3 of fiscal year 2022 ("Q3 F2022"). Adjusted Revenue(1) was $59.2 million for Q3 F2023, an increase of 9% compared to Q3 F2022. Net loss was $4.0 million for
TD Securities upgraded Absolute Software from Hold to Buy and set a new price target of $13.00 from $11.00 previously
Raymond James reiterated coverage of Absolute Software with a rating of Outperform and set a new price target of $16.00 from $19.00 previously
TD Securities downgraded Absolute Software from Buy to Hold and set a new price target of $15.00 from $22.00 previously