cloud

Sherri Scribner of Deutsche Bank maintained a Hold rating on International Business Machines Corp. (NYSE: IBM)'s stock with an unchanged $150 price target after the company's first quarter report failed to impress the Street. Scribner said IBM's earnings report signaled that benefits...

Splunk Inc (NASDAQ: SPLK) and Tableau Software Inc (NYSE: DATA) may both have a central role to play in the data and cloud infrastructure business in the long-term. BTIG analyst Edward Parker has initiated both stocks with a Buy rating and says each stock brings something unique to the table for...

Among a few tech companies speculated to be readying for an IPO is Dropbox. The software-as-a-service, or SaaS company, offers cloud storage, file synchronization, personal cloud and client software. The News A Bloomberg report, citing people familiar with the plan, said on Thursday Dropbox is...

Analysts at Deutsche Bank downgraded F5 Networks, Inc. (NASDAQ: FFIV) Wednesday to Sell from Hold with a price target slashed to $100 from $120. Deutsche Bank's Vijay Bhagavath stated in his report the downgrade is a fundamental call heading into fiscal 2018 and not in reaction to its upcoming...

Brent Bracelin of Pacific Crest says Amazon.com, Inc. (NASDAQ: AMZN) AWS growth could moderate this year and next as heavy investments from Microsoft Corporation (NASDAQ: MSFT) Azure and Alphabet Inc (NASDAQ: GOOGL)'s Google Cloud could increase the viability of these alternatives. Viable...

Shares of Adobe Systems Incorporated (NASDAQ: ADBE) hit a new all-time high just shy of $130 after the company's fiscal first quarter report came in better than expected. Brent Bracelin of Pacific Crest maintained an Overweight rating with a price target boosted to $142 from $122. Bracelin...

Shares of NetApp Inc. (NASDAQ: NTAP) hit a new 52-week high of $39.90 on Tuesday after analysts at Piper Jaffray upgraded the stock to Overweight from Neutral with a price target boosted to $46 from a previous $37. Piper Jaffray's Andrew Nowinski argued in his upgrade note that NetApp can deliver a...

Brent Bracelin of Pacific Crest maintains an Overweight rating on shares of Microsoft Corporation (NASDAQ: MSFT) with an unchanged $70 price target following the company's earnings report, which demonstrated momentum in the cloud. Commercial Cloud Bracelin noted that Microsoft's commercial cloud...

VMware, Inc. (NYSE: VMW) reported after Thursday's market close one of its best prints in years, at least according to RBC Capital Markets' Matthew Hedberg. VMware reported that it earned $1.43 per share in the fourth quarter on revenue of $2.03 billion while Wall Street analysts were expecting the...

Cloud computing has been one of the major themes in the tech world and on Wall Street in the past couple of years, but is it too late to be investing in the cloud in 2017? According to Pacific Crest analyst Brent Bracelin, there is still plenty of money to be made on the cloud. In a new report,...

Cloud service provider Akamai Technologies, Inc. (NASDAQ: AKAM) has been identified as a potential takeover target by investment research firm Oppenheimer. Cloud Computing And Akamai The cloud computing industry has been horizontally structured for the past 16 years, but Oppenheimer is expecting...

Deutsche Bank upped his price target on Microsoft Corporation (NASDAQ: MSFT) shares to $75 following upbeat tone from the company on cloud computing/technology at a meeting with Deutsche Bank analysts. The Cloud The commercial cloud (Office 365, Azure, Dynamics Online) business of Microsoft is now...

Oracle Corporation (NYSE: ORCL) is scheduled to report its fiscal year 2017 second-quarter results on December 15 after market close. D.A. Davidson’s Jack Andrews maintains a Buy rating on the company, with a price target of $52. Fundamentals Remain Healthy Andrews believes Oracle’s...

Oracle Corporation (NYSE: ORCL) is scheduled to report its fiscal second-quarter results after Thursday's market close. Brian White of Drexel Hamilton commented in a research report that Oracle is expected to fall slightly short of his revenue estimate of $9.15 billion and his earnings per share...

Over 24,000 people are expected to attend Amazon.com, Inc. (NASDAQ: AMZN) Web Services 2016 event, re:Invent, in Las Vegas this week. Amazon has grown into a viable cloud competitor; AWS is projected to bring in more than $10 billion in revenue this year. Starting in 2012, the company’s...