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Salesforce's M&A Earns Cloud Company A Spot On Wedbush's 'Best Ideas List'
Monday, January 7, 2019 - 3:05pm | 375Read More...The cloud platform salesforce.com, inc. (NYSE: CRM) bought MuleSoft in 2018 for $6.5 billion, and the deal is a primary reason why Wedbush has named the stock as one of its best ideas. The Analyst Wedbush's Steve Koenig maintains an Outperform rating on Salesforce with an...
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Pivotal Still Sees Plenty Of Growth Opportunities At Amazon
Monday, January 7, 2019 - 10:10am | 404Read More...Amazon.com, Inc. (NASDAQ: AMZN) is more than just one of the world's largest retailers as it also operates one of the world's biggest software business and has exposure to a fast-growing and high-margin advertising business, according to Pivotal. The Analyst Pivotal Research Group's...
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The Street's Reaction To Oracle's Q2 Earnings Beat
Tuesday, December 18, 2018 - 11:59am | 674Read More...Oracle Corporation (NYSE: ORCL) reported Monday a top-and-bottom line beat in its fiscal second-quarter earnings report. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Oppenheimer's Brian Schwartz maintains a Perform rating on Oracle with no...
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Adobe's Q4 Earnings Report: The Street Reacts
Friday, December 14, 2018 - 11:36am | 697Read More...Adobe Inc (NASDAQ: ADBE) on Thursday reported its fiscal fourth-quarter earnings report. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts BMO Capital Markets' Keith Bachman maintains an Outperform rating on Adobe with a price target lifted from...
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Docusign Falls Despite Earnings, Sales Beat
Friday, December 7, 2018 - 4:54pm | 447Read More...Docusign Inc (NASDAQ: DOCU) reported its third-quarter results, which came in better than expected and management's fourth quarter and full year sales guidance also beat expectations. The Analysts JMP Securities' Patrick Walravens maintains a Market Outperform rating on Docusign with an...
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Investors Cheer Workday's Q3 Earnings Beat
Friday, November 30, 2018 - 4:11pm | 582Read More...Enterprise cloud applications provider Workday, Inc. (NASDAQ: WDAY) reported Thursday a top-and-bottom line beat in its third-quarter results. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Wells Fargo's Philip Winslow maintains a Market...
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Analysts React To Splunk's Q3 Beat
Friday, November 30, 2018 - 1:58pm | 560Read More...Big data facilitating company Splunk Inc (NASDAQ: SPLK) reported Thursday a top- and bottom-line beat in its third-quarter results while management lifted both its 2019 and 2020 sales outlook. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Wells...
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Baird's Takeaways From Amazon's AWS re:Invent
Thursday, November 29, 2018 - 5:36pm | 416Read More...Amazon.com, Inc. (NASDAQ: AMZN)'s AWS re:Invent conference shows the company's "rapid pace of innovation" and reinforces its leadership position in the cloud, according to Baird. The Analyst Baird's Colin Sebastian maintains an Outperform rating on Amazon with an...
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The Street Reacts To Veeva Systems' Q3 Beat
Thursday, November 29, 2018 - 1:07pm | 686Read More...Veeva Systems Inc (NYSE: VEEV), a cloud solution provider for the global life sciences industry, reported Wednesday with third-quarter results that came in better than expected and an encouraging look at the coming fiscal year. The Analysts Morgan Stanley's Stan Zlotsky maintains an...
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A Bullish Sell-Side Reacts To Pure Storage's Q3
Tuesday, November 20, 2018 - 12:57pm | 662Read More...Flash storage company Pure Storage Inc (NYSE: PSTG) reported third-quarter results Monday and announced a new suite of cloud offerings. Here's how the Street reacted to the print. The Analysts Bank of America Merrill Lynch's Wamsi Mohan maintains a Buy rating on Pure Storage...
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What To Do With Wix's Stock?
Wednesday, November 14, 2018 - 3:02pm | 565Read More...Cloud-based web development platform Wix.Com Ltd (NASDAQ: WIX) reported Tuesday its third-quarter results, which came in better than expected but management's fourth quarter guidance fell slightly short of consensus estimates. Here is a summary of what some of the Street's top analysts are...
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What's Next For Apptio After Vista's Acquisition Offer?
Monday, November 12, 2018 - 4:45pm | 432Read More...Apptio Inc (NASDAQ: APTI) confirmed Sunday evening that it has agreed to sell itself to Vista Equity Partners, an investment firm that focuses on software, data and technology-enabled businesses. The Analysts Jefferies' John DiFucci maintains a Buy rating on Apptio with an unchanged $40...
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Akamai's Q3 Beat Prompts SunTrust To Turn Bullish
Tuesday, October 30, 2018 - 3:10pm | 442Read More...A bullish case for can be made for Akamai Technologies, Inc. (NASDAQ: AKAM) after the tech company's third-quarter earnings beat Monday, according to SunTrust Robinson Humphrey. What Happened Akamai said it earned 94 cents per share in Q3 on revenue of $670 million versus...
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The Street's Reaction To Big Blue Buying Red Hat
Monday, October 29, 2018 - 9:57am | 673Read More...Tech giant IBM (NYSE: IBM) reached an agreement to acquire open source cloud software provider Red Hat Inc (NYSE: RHT) for $190 per share in cash, representing a premium of more than 60 percent compared to Red Hat's Friday closing price of $116.68. Once the deal is complete, Red Hat will be...
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The Street Debates Alphabet's Q3: Buy The Dip Or Sell Into Weakness?
Friday, October 26, 2018 - 1:44pm | 848Read More...Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) reported Thursday its third-quarter results, which resulted in an immediate 5 percent sell-off. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts BMO Capital Markets' Daniel Salmon maintains a Market...
















