cloud

Okta Inc (NASDAQ: OKTA) reported Wednesday its first-quarter results, which if were to be summed up in one word it would be "wow," according to KeyBanc. The Analyst KeyBanc Capital Markets' Rob Owens maintains an Overweight rating on Okta with a price target lifted from $57 to...

Identity access name Okta Inc (NASDAQ: OKTA) is a company that investors can "love," but the same can't be said for the stock, according to Needham. The Analyst Needham's Alex Henderson downgraded Okta from Buy to Hold with no assigned price target. The Thesis Okta...

After a "steady dose of bad news" over the past year, now may be the time for investors to consider Acacia Communications, Inc. (NASDAQ: ACIA), according to Rosenblatt Securities. The Analyst Rosenblatt Securities' Ryan Koontz initiated coverage of Acacia Communications'...

Cybersecurity provider Carbon Black Inc (NASDAQ: CBLK) is a standout in a crowded segment, according to KeyBanc Capital Markets.  The Analyst KeyBanc's Rob Owens initiated coverage of Carbon Black with an Overweight rating and $29 price target. The Thesis Fresh off an early...

Cybersecurity provider Carbon Black Inc (NASDAQ: CBLK) is well-positioned to target growing enterprise demand to protect their platforms, but that isn't reason enough to be aggressive on the stock, according to Morgan Stanley. The Analyst Morgan Stanley's Melissa Franchi initiated...

8x8, Inc. (NYSE: EGHT) — a provider of cloud phone, meeting collaboration and contact center solutions — reported Thursday afternoon with fourth-quarter results that fell short of expectations and prompted Bank of America Merrill Lynch to drop its bullish stance.  The...

Human resources and payroll company Ceridian HCM Holding Inc (NYSE: CDAY) stands to gain market share, but this isn't enough reason to be a buyer of the stock, according to Citi. The Analyst Citi's Walter Pritchard initiated coverage of Ceridian's stock with a Neutral rating/High risk...

Teradata Corporation (NYSE: TDC)'s ongoing transition to become a "subscription-first" company is admirable and justifies a bullish case on the stock, according to Stifel. The Analyst Stifel's Brad Reback upgraded Teradata from Hold to Buy with a price target lifted from $45 to...

As Amazon.com, Inc. (NASDAQ: AMZN) evolved from online bookstore to the dominant force in e-commerce, the company had to break up its “monolithic” software, Amazon Web Services' Stephen Orban told the 2018 Benzinga Global Fintech Awards on Wednesday. The effort led to what is now...

Trade Desk Inc (NASDAQ: TTD) is a provider of a cloud-based platform for managing digital ad campaigns that boasts a "unique" SaaS asset that positions the company well for future share gains, according to Oppenheimer. The Analyst Oppenheimer's Brian Schwartz initiated coverage of...

Travel technology company Sabre Corp (NASDAQ: SABR) announced an expansion Tuesday of its existing strategic relationship with Amazon.com, Inc. (NASDAQ: AMZN)'s Amazon Web Services. The agreement underlines Amazon's dominant cloud positioning. The AWS business fetched Amazon 10.7...

Microsoft Corporation (NASDAQ: MSFT)'s third-quarter report Thursday sent shares to an all-time high of $97.90. Are sell-side analysts still recommending investors buy the stock at this price?  The Analysts Bernstein's Mark Moerdler maintains an Outperform rating on...

Former Wall Street research analyst-turned-venture capitalist Gene Munster said Amazon.com, Inc. (NASDAQ: AMZN)'s first-quarter report shows the e-commerce giant continues to flex its "profit muscle." The Expert Munster, a managing partner at Loup Ventures, commented on Amazon's...

Amazon.com, Inc. (NASDAQ: AMZN) is scheduled to report its first-quarter results after Thursday's market close and now isn't the time for investors to be aggressive on the stock, according to KeyBanc. The Analyst KeyBanc Capital Markets' Edward Yruma maintains a Sector Weight rating...

The bullish case for owning Juniper Networks, Inc. (NYSE: JNPR)'s stock was partly based on strong expectations for its routing business, but consensus expectations may not align with the company's progress, according to Goldman Sachs. The Analyst Goldman Sachs' Rod Hall downgraded...