cloud

Argus’ Stephen Biggar believes Twilio Inc (NYSE: TWLO) shares are fully valued at present, trading at the top end of the peer-group range. Biggar initiated coverage of the company with a Hold rating. Losses Ahead The analyst believes, following the strong run-up of the stock since its June...

Cloud computing has created a number of avenues to expand its services, branching out into other key segments beyond SaaS. Software-as-a-service (SaaS) has garnered attention for a while now following the advent of could technology, but platform-as-a-service (PaaS) is also catching on among some...

Baird reaffirmed its Outperform rating on Workiva Inc (NYSE: WK) and raised the price target by $3 to $18, saying that company predicts less cash burn in 2016 versus 2015, implying that the second half of 2016 will be cash flow positive. Workiva, which offers a cloud-based platform for creating...

Just how good is Amazon.com, Inc. (NASDAQ: AMZN)'s AWS segment? According to Trip Chowdhry of Global Equities Research, the answer may be summed up as epic and historical. Amazon reported its second-quarter results after Thursday's market close and said that its AWS segment saw a year-over-year...

Oracle Corporation (NYSE: ORCL) has announced a huge deal to expand its cloud business by buying NetSuite Inc (NYSE: N) for $9.3 billion. “Oracle and NetSuite could applications are complementary and will coexist in the marketplace forever,” Oracle CEO Mark Hurd said in a statement....

Shares of LogMeIn Inc (NASDAQ: LOGM), a provider of cloud-based service offerings that allow businesses and individuals to connect to their workplace, surged higher by nearly 20 percent on Wednesday after the company announced a merger agreement with Citrix Systems, Inc. (NASDAQ: CTXS) Related...

Microsoft Corporation (NASDAQ: MSFT) beat earnings estimates Tuesday with Microsoft Azure growing at a 102 percent rate. Azure is a cloud computing program created for developing and managing applications, and the product's massive growth has confirmed the era of superclouds, according to Global...

William Blair’s Bhavan Suri expects Citrix Systems, Inc. (NASDAQ: CTXS) to deliver revenue and EPS ahead of the consensus and estimates, when the company reports its quarterly results on July 26. Suri maintains a Market Perform rating on the company. Robust Demand “Our conversations...

According to Trip Chowdhry of Global Equities Research, shares of VMware, Inc. (NYSE: VMW) are overvalued and should decline to the $45 level. Chowdhry explained in his research note that VMware's business is being "squeezed" on two different fronts. The first, from SuperClouds, like Amazon.com,...

Red Hat Inc (NYSE: RHT) has raised its estimate regarding the total addressable market (TAM) for hybrid cloud to $69 million by F2019. Pacific Crest’s Ben McFadden maintains an Overweight rating on the company, with a price target of $88. Hybrid Cloud McFadden mentioned, “Linux...

Twilio Inc (NYSE: TWLO) is A stock that has only been trading for a few days. The cloud communications platform saw its share trade for the first time on a public exchange LAST  Thursday. Shares opened for trading at $23.99 after pricing 10 million shares of Class A common stock at a price...

Deutsche Bank analysts Nandan Amladi and Sameer Kalucha saw Adobe Systems Incorporated (NASDAQ: ADBE) continued momentum in its creative cloud. The brokerage reiterated its rating of Buy with a price target of $120 on the company's shares. The analysts noted Adobe reported solid second-quarter...

Oracle Corporation (NYSE: ORCL) is expected to report its fourth-quarter numbers on June 16 after the market close, and D.A. Davidson expects the results to be below consensus. Projections For Q4 Analyst Jack Andrews expects non-GAAP EPS of $0.80, compared to the Street's $0.82 and the company...

Microsoft Corporation (NASDAQ: MSFT) dished out $26.2 billion to acquire LinkedIn Corp (NYSE: LNKD) — a figure that may seem high to some, but is a "reasonable" amount according to Deutsche Bank's Karl Keirstead. In a report dated Tuesday, Keirstead argued that Microsoft's $196 per share...

SunTrust Robinson Humphrey selected salesforce.com, inc. (NYSE: CRM) as the newest "Top Pick" after the company acquired Demandware Inc (NYSE: DWRE) at $75.00 a share. The deal was announced last Friday. The brokerage has a Buy rating with a price target of $98.00 on salesforce. In a research note...