-
BMO Upgrades Oracle To Outperform, Sees 17% Upside
Tuesday, July 12, 2016 - 10:21am | 344Read More...BMO Capital’s Keith Bachman expressed increased confidence in Oracle Corporation (NYSE: ORCL) being able to meet the estimates and the consensus, as well as generate operating income growth. Bachman upgraded the rating on the company from Market Perform to Outperform, while raising the price...
-
2 Reasons BMO Is Bullish On Salesforce
Wednesday, June 15, 2016 - 8:53am | 268Read More...salesforce.com, inc. (NYSE: CRM) could consistently perform ahead of expectations by offering an integrated set of cloud suites, BMO Capital Markets’ Keith Bachman said in a report. He initiated coverage of the company with an Outperform rating and a price target of $98. Analyst Keith...
-
NetSuite Started At Market Perform By BMO: Not Enterprise Ready
Wednesday, June 15, 2016 - 8:27am | 436Read More...Keith Bachman of BMO Capital Markets has launched coverage of NetSuite Inc (NYSE: N) with a Market Perform rating and $90 price target, saying that the company will continue its mid-market leadership position, but doesn't have a scalable product to cater large businesses. "We believe that NetSuite...
-
BMO Initiates Workday At Market Perform
Tuesday, June 14, 2016 - 5:20pm | 122Read More...BMO's Keith Bachman initiated coverage on Workday Inc (NYSE: WDAY) with a Market Perform rating and $90 target. "We like the story but would advise looking for a better entry point," Bachman said. The BMO analyst suggested Workday is the best positioned vendor that could steal...
-
BMO Sees Upside To $98 In Salesforce
Tuesday, June 14, 2016 - 5:14pm | 113Read More...salesforce.com, inc. (NYSE: CRM) shares have been quiet in Tuesday's after-hours session despite a new Outperform rating from BMO analyst Keith Bachman. The analyst set a $98 price target on the stock. As shares closed down 0.5 percent at $81.09, the analyst's new price target...
-
NetSuite Will Continue To Be Most Successful Mid-Market SaaS Vendor
Tuesday, June 14, 2016 - 5:08pm | 128Read More...BMO analyst Keith Bachman initiated coverage on shares of NetSuite Inc. (NYSE: N) with a Market Perform rating and $90 price target. Bachman said, "NetSuite will continue to be the most successful SaaS vendor in mid-market solutions," but noted a belief "the stock will trade in a...
-
Forget This Quarter, BMO More Concerned About Microsoft's June Results
Tuesday, April 19, 2016 - 11:56am | 263Read More...BMO Capital’s Keith Bachman expects Microsoft Corporation (NASDAQ: MSFT) to report robust March quarter results. However, the analyst expressed concerns regarding the June quarter. Bachman reiterated an Outperform rating on the company, with a $58 price target. June Quarter The...
-
BMO On Software: Starts Splunk At Outperform, Tableau, Qlik At Market Perform
Friday, March 4, 2016 - 9:31am | 297Read More...BMO Capital Markets' Keith Bachman initiated coverage of Splunk Inc (NASDAQ: SPLK) with an Outperform rating. He also initiated Market Perform ratings for Qlik Technologies Inc (NASDAQ: QLIK) and Tableau Software Inc (NYSE: DATA). Analyst Keith Bachman expects the Business Intelligence [BI] market...
-
BMO's Take On The Big Four Software Stocks
Friday, January 8, 2016 - 9:20am | 461Read More...Shares of Microsoft Corporation (NASDAQ: MSFT), SAP SE (ADR) (NYSE: SAP), Red Hat Inc (NYSE: RHT) and Oracle Corporation (NYSE: ORCL) have been under pressure over the past one month. BMO Capital Markets’ Keith Bachman initiated coverage of Microsoft and Red Hat with Outperform ratings...
-
Apple Has At Least 28% Upside, Says BMO's Keith Bachman
Wednesday, October 28, 2015 - 2:29pm | 306Read More...Apple Inc. (NASDAQ: AAPL) shares have lost 10 percent in the last six months, declining from $132.07 on July 20. BMO Capital Markets’ Keith Bachman maintained an Outperform rating on the company, with a price target of $145. Apple’s revenue guidance for the December quarter is...
-
BMO Trims Apple Watch Estimates, Boosts iPhone View
Friday, July 10, 2015 - 9:33am | 202Read More...In a report published Friday, BMO Capital analyst Keith Bachman maintained an Outperform rating and price target of $145 on Apple Inc. (NASDAQ: AAPL), while raising the iPhone estimates and lowering the Apple Watch estimates. For FY2016, the iPhone estimate was raised by 3.5 million to 233 million...
-
The 22 Top-Ranked Apple Analysts
Monday, April 27, 2015 - 3:13pm | 305Read More...TipRanks provided the top 22 analysts for Apple Inc. (NASDAQ: AAPL) based on a ranking of four or more stars. Based on TipRanks criteria, below are the top analysts along with their latest ratings and price targets for Apple. The list descends according to analyst action with the most recent...
-
Will Xerox Beat The Market?
Tuesday, April 21, 2015 - 2:23pm | 405Read More...In a report published Monday, BMO Capital Markets analyst Keith Bachman offered some thoughts on Xerox Corp (NYSE: XRX), noting that his "scorecard" for calendar year 2015 includes more positives than negatives. The Positives According to Bachman, Xerox's printing business has...
-
Apple Inc. Says New iPhone Supply Falls Short Of Demand
Monday, September 22, 2014 - 11:29am | 290Read More...Apple Inc. (NASDAQ: AAPL) said Monday its iPhone 6 and iPhone 6 Plus supplies fell short of demand during the three days following the products' September 19 retail launch. Apple said it sold sold more than 10 million of the phones during the period Friday through Sunday -- an amount inline with...
-
UPDATE: BMO Capital Markets Reiterates on Xerox Following Annual Analyst Meeting
Wednesday, November 13, 2013 - 11:06am | 154Read More...In a report published Wednesday, BMO Capital Markets analyst Keith Bachman reiterated an Outperform rating on Xerox Corporation (NYSE: XRX), and raised the price target from $10.50 to $11.50. In the report, BMO Capital Markets noted, “We come away from XRX annual analyst meeting a bit more...



