Benzinga.com
0
All posts from Benzinga.com
Benzinga.com in Benzinga.com,

Check Out This 'Overly-Discounted' Datacenter Storage Pure Play

Quantum Corporation NYSE:QTM - Check Out This 'Overly-Discounted' Datacenter Storage Pure Play

Analyst Brian Alger wrote, “We believe the Street has too narrow, if not outright incorrect, an assessment of Quantum and its prospects.” Alger said that the recent weakness in the data protection segments seems has “masked significant growth and an expansion in TAM through scale-out storage offerings targeting multiple verticals.”

The fears related to the company’s upcoming debt payment appear “unsubstantiated.” Alger believes that the debt due in 2015 had...


More